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Container Security Market Report Overview
The global container security market size was USD 418.6 million in 2021 and is projected to touch USD 2167.14 million by 2031, exhibiting a CAGR of 17.5% during the forecast period.
Container and Kubernetes security is an improved network security solution that is used to upgrade old network technology with a current cloud-native approach. Furthermore, container security is defined as a specialized set of security technologies used to ensure that container safety features, such as infrastructure protection, supply chain, software, and runtime, operate as intended. Additionally, container security is built from numerous layers of files known as container images. The container images serve as a collection of instructions for constructing a docker container, such as a temple, which is analogous to a snapshot in a virtual machine environment.
The container security market is predicted to grow significantly during the forecast period, owing to an increase in vulnerabilities and cyberattacks worldwide. Furthermore, the increased usage of hybrid cloud technology applications across companies propels the container and Kubernetes security market throughout the projection period.
COVID-19 Impact: The Pandemic Caused Underlying Malady Upsurge the Market Growth
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
The advent of COVID-19 has been a major catalyst for the rise of cloud-based data cybersecurity technologies, which in turn increases demand for container and Kubernetes security devices. The market is expected to increase at a pretty rapid pace by the end of 2021. However, the worldwide container and Kubernetes security sector was principally hampered by a shortage of available competent labor during the global shutdown. Furthermore, an increase in demand for hybrid cloud technologies is likely to boost market growth throughout the forecast period.
LATEST TRENDS
"The Adoption of Hybrid Clouds is Increasingly Boosting the Market Sales"
Adoption of hybrid clouds is becoming increasingly important for enterprises looking to upgrade their workloads and applications. As a result of their decision to bridge the gap between on-premises and cloud-based infrastructures, these companies have reduced their operational procedures and boosted company scalability. Whether or whether the company has chosen a hybrid cloud strategy, the use of containerization technologies might be critical to its profitability. Containers, when utilized in a hybrid cloud setting, will significantly improve application performance, reduce operating costs, and speed up DevOps procedures. They also improve productivity while developing larger apps. Because hybrid models are still the preferred method, organizations require security that performs reliably regardless of where workloads are deployed. Kubernetes-native security solutions may allow environment-independent controls for on-premises and cloud deployments.
Container Security Market Segmentation
- By Type
Based on type the market is classified as container security platform, services (deployment & integration, training & consulting, and support & maintenance) and others.
- By Application
Based on application the market is classified as retail and consumer goods, healthcare and life sciences, manufacturing, media, entertainment, and gaming, it and telecommunications, transportation and logistics, travel and hospitality and others.
DRIVING FACTORS
"The Rise in the Cyber Crimes Will Decipher the Market Share"
The container and Kubernetes security market is predicted to grow significantly during the forecast period, owing to an increase in vulnerabilities and assaults worldwide. On the contrary, the predicted increase in the number of cybersecurity legislation globally will give lucrative prospects for the advancement of the container security market growth throughout the forecast period.
"Increasing Popularity and Penetration in the Corporate Sectors to Inflate the Market Share"
The adoption of containers at the corporate level, as well as the volume of application workloads running on them, would raise the acceptance of container security solutions dramatically. Containers as a service have been widely used to virtualize large amounts of workloads as countries in the region focus on changing their antiquated IT infrastructures into modern ones. They are crucial in hastening this change.
Various businesses have begun to embrace technological advancements in order to automate business processes and provide customer-centric services, realizing that quick business decisions, immediate response, and customer satisfaction are critical features required to expand the business, generate more revenue, and ensure the desired outcome. Immediate response, quick business choices, and customer satisfaction are some of the critical aspects required to grow the business, make more income, and achieve the intended outcome across the market.
RESTRAINING FACTORS
"Concerns Over Data Security to Pose Challenge and Hinder the Market Growth"
A fast increase in the popularity of micro services is likely to drive market expansion. However, the complexity of administering the cloud environment, combined with an increase in worry about the misuse of container images, is projected to limit market growth. Furthermore, the global increase in communication and network laws is acting as a major barrier to early adoption, impeding container security market growth.
Container Security Market Regional Insights
"North American Region to Lead with Strong Financial Position and Rising IoT"
North America accounted for a major container security market share. The container security business in North America is being pushed by the increasing adoption of advanced technologies by a number of Small and Medium Enterprises (SMEs), the growing need for micro services, and the digital transformation of a number of enterprises. The increased preference for cloud solutions and services to promote business, particularly among SMEs in the region. For example, in June 2022, Docker, a software service company based in the United States, announced the acquisition of Atomist, a SaaS-based application platform. These changes in the region will push demand for container security systems even further throughout the forecast period.
KEY INDUSTRY PLAYERS
"Prominent Manufacturers to Contribute Towards Expansion of Market"
The report is an extensive research which presents the historic and futuristic performance of industry with competitive landscape analysis which incorporates prominent key players, and revenue trends of industry. The report provides substantial analysis of company profiling, growth insights, supply-demand chain, production and consumption demand, business expansion strategies adopted by top key players. The information is a collusion of latest technological developments, trends, production lines mergers and acquisitions, market study and other factors.
List of Market Players Profiled
- Aqua Security (Israel)
- Alert Logic (U.S.)
- Anchore (U.S.)
- Qualys (U.S.)
- Docker (U.S.A)
- Revector (U.S.)
- Aporeto, (U.S.)
- Trend Micro (Japan)
- Red Hat (U.S.)
- Cloud Passage (U.S.)
- Black Duck (U.S.)
- Twistlock (U.S.)
- Thales Group (France)
- Google (U.S.)
- Guardicore (Israel)
REPORT COVERAGE
The report anticipates a detailed analysis of the global market size at the regional and national level, the ssegmentation market growth and market share. The prime objective of the report is to help user understand the market in terms of definition, market potential, influencing trends, and the challenges faced by the market. Analysis of sales, the impact of the market players, recent developments, opportunity analysis, strategic market growth analysis, territorial market expansion, and technological innovations are the subject matter explained in the report.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 418.6 Million in 2021 |
Market Size Value By |
US$ 2167.14 Million by 2031 |
Growth Rate |
CAGR of 17.5% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the container security market expected to touch by 2031?
The global container security market is expected to reach USD 2167.14 million by 2031.
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What CAGR is the container security market expected to exhibit by 2031?
The container security market is expected to exhibit a CAGR of 17.5% by 2031.
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Which are the driving factors of the container security market?
The rise in cyber crime and increasing popularity and penetration in the corporate sector are the driving factors of the container security market.
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Which are the top companies functioning in the container security market?
Microsoft Corporation; Broadcom, Inc.; IBM; Amazon Web Services; VMware; Qualys; Docker Inc.; Checkpoint Software Technologies Ltd.; Zscaler; Aqua Security; Sophos; Anchore; Palo Alto Networks; HCL Technologies Limited; CROWDSTRIKE and others are the top companies functioning in the container security market.