The Technological Advancement & Rise in Application to Drive Container Orchestration Market over the Forecast Period: Ken Research

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The container orchestration is consisting of deploying containers over a compute cluster with multiple nodes. Container orchestration also consists of managing containers along with features such as deployment, scaling & descaling, as well as load balancing activities. The hosting infrastructure, container orchestration further allows tools to users deployed over the entire cluster as a single deployment target. The container orchestration activity further ensures the redundancy and availability of the containers along with the automating of the task of monitoring containers and other hosts. The use of container orchestration activities helps in automating and managing the tasks associated with provisioning, deployment, configuration & scheduling, resource allocations, container availability, load balancing & traffic routing activities, configuring various applications based on the container that keeps interactions over different containers remain secured.

According to the study, “Container Orchestration Market by Component (Platform and Services), Organization Size (Large Enterprises and SMEs), and Industry Vertical (BFSI, Government, IT & Telecom, Retail, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026”. Some of the key companies operating in the container orchestration market include Acquia, AppDynamics, DigitalOcean, Amazon Web Services, Fuze, Google Inc., Intel Corporation, Infosys, Juniper Networks Inc., MapR, Mendix, Lucid Software, Tesla, and Twilio Inc.

Based on components, the container orchestration market is segmented as a platform and services. The platform component segment dominates the market as many vendors are proposing open-source container orchestration tools with advanced application delivery capabilities. Services include managed services, training, consulting & integration, and support & maintenance. Based on the organization, the market is segmented as small & medium-sized enterprises and large enterprises. Large enterprises segment is anticipated to exhibit substantial growth rate due to rapidly adopting the container orchestration technology to streamline & simplify application development or management processes. In addition, based on vertical, the market is segmented as banking, financial services, and insurance (BFSI), telecommunications & IT, government & public sector, retail & consumer goods, healthcare & life sciences, manufacturing, and others.

The container orchestration market is driven by a rise in the implementation of micro-services, followed by an increase in the adoption of application container technology, and a surge in the popularity of open-source container orchestration platforms. However, the lack of cloud architect skills required for operating the container orchestration tools may impact the market. Moreover, the increase in investment in application container technology and the rise in usage of container orchestration for Internet-of-Things (IoT) devices are key opportunities for the market.

Based on geography, the North-American region holds the major share in container orchestration market owing to a rise in penetration of application container technology by large enterprises in the region. Whereas, the European region is expected to show higher growth rated due to an increase in focus on innovations through research & development (R&D) and IT technologies in developed countries over the forecast period. Additionally, the Asian-Pacific region is also expected to show a higher growth rate as a result of a surge in import and export in the region along with an increase in adherence toward regulatory compliances during the forecast period. The global container orchestration market was valued USD 381.46 million in 2019 and is estimated to reach USD 1143.6 million by 2026 at a CAGR of 14.71 %.

For More Information on the Research Report, refer to below links: –

Global Container Orchestration Market

Related Report: –

Global Container Orchestration Software Market 2019 by Company, Regions, Type and Application, Forecast to 2024

Contact Us: –

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

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