Container-As-A-Service Market Analysis
Container-as-a-Service Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026
Containers as a Service (type of container-based virtualization) is an emerging technology in which vendors provide a complete framework to the users for managing and developing containers and applications. CaaS is majorly designed for IT developers to manage and run applications. The key factor fueling growth of the market is the increasing utilization of micro services. The rise of DevOps technology and containerization have helped revolutionize enterprise applications. However, some factors such as portability issues between severs, lack of tools required to manage and monitor the container, hinders growth of the CaaS market.
CaaS Market Taxonomy
On the basis of cloud deployment model, the global CaaS market is classified into:
On the basis of deployment, public cloud holds the largest share of the CaaS market. The increasing demand for storage and computing resources has helped fuel the demand for public cloud in the CaaS market. In addition to this, the hybrid cloud also plays a major role in an organization for the management of infrastructure. Moreover, the increasing adoption of advanced container platforms in various organizations have led to the implementation of the hybrid cloud model with full infrastructure. The hybrid cloud usage is rising due to the increasing micro service and management service data environment, as they provide better flexibility, security and scalability.
On the basis of application, the global CaaS market is classified into:
On the basis of application type, the IT & Telecom application holds the largest share in the global CaaS market. The CaaS is highly used by the IT developers and IT department to develop secure containerized applications.
Container as a Service Market Outlook – North America holds the largest global container as a service market.
On the basis of geography, global container as a service market is classified into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America held a dominant position in the global CaaS market in 2016, and is estimated to retain its dominance throughout the forecast period. Increasing demand for managed data centers, virtual private cloud services, and advanced technology accessibility have led to an increasing demand for CaaS market in this region. Moreover, the presence of IT companies such as Microsoft Corporation, Google, and Amazon Web Service in the North American countries have also provided immense opportunity for growth of the market. In addition to this, the Asia Pacific CaaS market is estimated to grow with the largest CAGR during the forecast period. The increasing IT & telecom industry in the Asia Pacific region has led to an increasing demand for the CaaS market here. China and India are the major countries driving growth of the CaaS market in Asia Pacific. The increasing demand for infrastructure services and distributed storage management by various venders have also provided immense opportunity for growth of the CaaS market in this region.
Key Companies of Global Container as a Service Market
Amazon Web Service (AWS), Cisco System, ContainerShip, CoreOS, DH2i, Docker Inc., Giant Swarm, Google, HPE, IBM, Joyent, Kyup, Mesosphere, Microsoft, and SaltStack, VMware Inc. are some of the key companies of the global container as a service market.
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
Coherent Market Insights desk research is based on a principle set of research techniques:
Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:
Preliminary Data Mining
The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.
Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.
Coherent Statistical model
We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:
Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.
This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:
The primary research is conducted with the ecosystem players including, but not limited to: