Kubernetes Solutions Market Size, Share, Growth, and Industry Analysis, By Type (Managed Kubernetes, Enterprise Kubernetes Platforms, Kubernetes Tools and Vanilla Kubernetes), By Application (IT Telecom, Service Company and Others), Regional Insights, and Forecast To 2030

Updated On: 04 September 2023

Kubernetes Solutions Market Report Overview

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The global kubernetes solutions market size was USD 1709.2 million in 2021 and is projected to touch USD 5562.4 million by 2028, exhibiting a CAGR of 18.4% during the forecasting period.

The open-source container-orchestration technology known as Kubernetes delivers automated application deployment, scalability, and administration. A clustered environment for managing containerized applications is provided by Kubernetes. For orchestration, service discovery, and load balancing, these solutions can be utilised with Docker and Rocket containers. Kubernetes is rapidly gaining acceptance and is anticipated to take a leading position among platforms for orchestrating distributed systems. Since its initial introduction by Google, Kubernetes has been adopted by numerous businesses. The Cloud Native Computing Foundation (CNCF) was subsequently established by Google in conjunction with the Linux Foundation, and the Kubernetes solution was implemented using container technology. In order to handle isolation, load balancing, and placement, Google felt it necessary to develop an orchestration and scheduling tool; as a result, kubernetes appears to be the most effective way to address these issues.

Due to the numerous benefits of kubernetes solutions, it is anticipated that the kubernetes community will experience tremendous growth in the coming years. The deployment, solution, services, enterprise size, industry, and geography are the segments used to divide the market for kubernetes solutions. The kubernetes solutions market is divided into on-premises and cloud-based deployments based on deployment. Platform as a Service, Containers as a Service, and Container Platform Offerings are the three solution categories that make up the Kubernetes solutions market. The market for Kubernetes solutions falls under the categories of managed and professional services. Additionally, it is divided into large and small and medium-sized businesses according to the size of the organisation.

COVID-19 Impact: Increased Use of Kubernetes to Stir Market Growth

The global COVID-19 pandemic has been unprecedented and staggering, with kubernetes solutions market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributed to the kubernetes solutions market growth and demand returning to pre-pandemic levels once the pandemic is over.

Nearly everyone has discovered themselves relying on technology more than ever as people around the world had adjusted to the realities of stay-at-home directives and quarantines. In some circumstances, this results in a 10x or greater increase in traffic to websites or applications almost immediately. The good thing about Kubernetes is that it essentially uses a scale-out paradigm, so they only need to add more servers to meet the demand instead of redesigning the programme. There are undoubtedly some operational ramifications, but they are considerably less than if a new design were required to match the increasing demand.

The de facto method for managing containers is now Kubernetes, and the distributed architecture that Kubernetes clusters are built upon is micro services. The increasing use of micro services in COVID-19 for Kubernetes deployments for such widely dispersed infrastructures is also seen as a conduit for the continued rise of multicloud infrastructures. The necessity of developing applications and controlling such varied infrastructures in this quickly growing multicloud environment.

LATEST TRENDS

"Numerous uses of the containers to Help Expand Market"

Healthcare, media and entertainment, telecom and IT, internet, banking, financial services and insurance, and other sectors are served by the Kubernetes solution. Due to the high demand in many industries, kubernetes is produced on a big scale, which has enabled the market generate significant profits.

Kubernetes Solutions Market Segmentation

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• By Type

Based on type; the market is divided into managed kubernetes, enterprise kubernetes platforms, kubernetes tools and vanilla Kubernetes.

In terms of product, managed kubernetes is the largest segment.

• By Application

Based on application; the market is divided into IT telecom, service company and others.

In terms of application, service company is the largest segment.

DRIVING FACTORS

"Developed Orchestration of Containers to Boost Market Growth"

The market for kubernetes solutions is primarily driven by the rapid development of container orchestration, increased vendor investment, increased focus on hybrid and multi-cloud architectures, and increased adoption of kubernetes by key cloud service providers. The popularity of containers has changed how people think about creating, deploying, and maintaining software. Companies are opting to use Kubernetes to manage their applications as increasing volumes of containers continue to grow and are deployed at a larger scale. This is the major factor for kubernetes solutions market growth.

"Large Investments by Companies to Propel Market"

Many cloud native businesses are expected to benefit from kubernetes, therefore businesses are investing in open source platforms as a natural continuation of the growth and development of cloud orchestration-based initiatives. Compared to other emerging technologies, Kubernetes has grown and developed as an economic driver in a relatively short period of time. It has also had a significant impact on businesses of all sizes, inspiring them to develop goods and services to satisfy a constantly expanding range of needs in a positive feedback loop of investment, innovation, and economic activity.

RESTRAINING FACTORS

"Lack of Advanced Technology to Restrain Market Growth"

Companies face challenges while deploying kubernetes in terms of security, storage, and networking. The security expenses make the overall service exorbitant. Very often the market has to face issue regarding storage and space. In future, the kubernetes solutions market will offer opportunities to companies to improve the kubernetes technology but for now these factors constrain the market growth.

Kubernetes Solutions Market Regional Insights

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"North America to Dominate Market Due to Advanced Technology"

North America dominates the market and holds largest part of kubernetes solutions market share. High focus on innovations obtained from research and development and technology in the region is one major factor. North America has numerous banks, financial services and insurance, good healthcare infrastructure, media and entertainment, telecom and IT which helped the region stay ahead in competition. Low labour costs, easy access to raw resources, and growing development techniques to meet customer demand are important elements affecting regional market expansion.

KEY INDUSTRY PLAYERS

"Financial Players to Contribute Towards Expansion of Market"

The report gives a thorough overview of the analysis of key characteristics of the industry, including sales value, sales volume, market revenue, and demand size, as well as sales growth, pricing analysis, and shifting regional market growth factors. The report includes information on market participants and their relative standings within the market. Through appropriate research, mergers, technological development, expanding production facilities, and collaboration, data is being acquired and made available. Data on manufacturers, regions, types, applications, sales channels, and distributors are included in the study on materials.

List of Market Players Profiled

• Google (U.S.)
• Amazon AWS (U.S.)
• Microsoft Azure (U.S.)
• IBM (U.S.)
• Oracle (U.S.)
• VMware (U.S.)
• Cisco Systems (U.S.)
• Kublr (U.S.)

REPORT COVERAGE

Services for Kubernetes with strategic analysis, micro and macro trend and scenario, price analysis, and a comprehensive summary of the market conditions in the forecast term, market research reports provide a careful watch on key rivals. A chapter on COVID-19's effects on the market is also included in the report. It is an expertly written, in-depth study that emphasises key and secondary drivers, market share, top categories, and regional analysis. The paper also examines prominent actors, significant partnerships, mergers, and acquisitions, as well as popular innovations and business practises.