USD 1.46 billion
Report ID:
SQMIG45F2066 |
Region:
Global |
Published Date: July, 2024
Pages:
242
|Tables:
89
|Figures:
76
Kubernetes Market size was valued at USD 1.46 billion in 2019 and is poised to grow from USD 1.8 billion in 2023 to USD 9.69 billion by 2031, growing at a CAGR of 23.4% in the forecast period (2024-2031).
Kubernetes is Fastest growing project in the history of open source software after Linux. It has many advantages which includes automation of containerised environments, scaling up & down and building a strong open source community. It is also cost efficient and helps in savings , able to run multi cloud possibilities at any place.Moreover, It improves developer productivity, along with increasing experience and popularity.
Kubernetes makes containerized environments possible by acting as the orchestration system.Containers do not need a full OS and instead run with a shared OS kernel, containers are smaller, faster, and more portable versus traditional virtual machines, or VMs.Hey.All the companies are migrating to Kubernetes due to the cost efficiencies and savings that are possible after associating with it.Many organizations have varying degrees of demands and scalability challenges. All of them have found meaningful cause savings with Kubernetes.Along with auto scaling capabilities that allow companies to scale up and down the number of resources they are using in real time, Kubernetes also pair with flexible cloud provider.It efficiently uses the right amount of resources based on demand at given points in time.
US Kubernetes Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 1.46 billion
Largest Segment
On-Premises
Fastest Growth
On-Premises
Growth Rate
23.4% CAGR
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Global Kubernetes market is segmented on the basis of application, product, component,organizational size and region. By Industry vertical, the market is segmented into Retail & Consumer Goods, IT & Telecom, Government, BFSI, Healthcare & Life Science, Manufacturing, and Others. By Product, the market is segmented into Cloud and On-premises, and others. By component, the market is segmented into Container Security Platform and Services. By organization size the market is segmented into Large Enterprises and Small & Medium Enterprises.By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Kubernetes Market Analysis by Product
By Product, the global market is divided into many segments such as Cloud and On-premises and others. On-premises segment held the largest global Kubernetes market share due to the wide range of benefits provided by Kubernetes in On-premises segment., It enables users to run clusters on diverse infrastructure on-premises. So you can repurpose your environment to integrate with Kubernetes, using virtual machines or creating your own cluster from scratch on bare metal.There are three popular ways to deploy Kubernetes on Premise that are virtual machines on your existing VMware vSphere environment ,Linux physical server running Ubuntu, CentOS or Rhel linux , virtual machines on other types of IaaS environment on premises such as OpenStack.
Kubernetes Market Analysis by Vertical
By vertical, the Kubernetes market is classified into Retail & Consumer Goods, IT & Telecom, Government, BFSI, Healthcare & Life Science, Manufacturing, and Others. The Kubernetes is one of the main reasons for innovation and growth across all IT & Telecom industries including the global market. Therefore, it and telecommunication led the market in terms of revenue.It makes life of developers much easier by speeding up the rule out of apps and adding value to the underlying platforms for end users.
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Globally, North America is estimated to hold the highest global Kubernetes market share. Main factors during this growth period is the presence of top market players such as StackRox, Alert Logic and others.Many investments and resources are made available by major organizations and Government for the development of Kubernet in the region.
Among all, Asia Pacific is expected to grow fastest during the forecast period. The reason for the same is increasing acquisition of Kubernetes technology in development of Asia Pacific and mainly in China, India and Japan. Penetration of IT & telecom in Asia Pacific has doubled in the last few years. In addition,Top organizations & operators are investing heavily in order to provide Kubernetes at an affordable price to the consumers, which is likely to boost the demand for it in the region.
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Kubernetes Market Drivers
Rise in Demand for Cloud Storage to Bolster Market Growth
Kubernetes Market Restraints
Mitigation will Likely Hinder Market Growth
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Competition in the global Kubernetes market is expected to increase during the forecast period because new players are expected to enter in the global market and the number of services compatible with Kubernetes will also increase. Currently, only a few key players are providing their services in the global market but these numbers will increase in the upcoming years.
Kubernetes Market Top Player’s Company Profiles
Kubernetes Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global Kubernetes market analysis, the global market is estimated to have significant growth during the forecast period because of the benefits it consists of such asAutomation of containerised environment, scaling up and down and building a strong open source community.. Kubernetes will enable software to be more convenient for their users. The market has so much potential for new players also because of the high expected rate of growth and demand.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 1.46 billion |
Market size value in 2031 | USD 9.69 billion |
Growth Rate | 23.4% |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
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Historical Year | 2019 |
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Kubernetes Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Kubernetes Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Kubernetes Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Kubernetes Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Kubernetes Market size was valued at USD 1.46 billion in 2019 and is poised to grow from USD 1.8 billion in 2023 to USD 9.69 billion by 2031, growing at a CAGR of 23.4% in the forecast period (2024-2031).
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Report ID: SQMIG45F2066
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