Containers-as-a-service (CaaS) is a developing service that offers container-based virtualization that providers offer to clients to manage and deploy containers, applications, and clusters. Containers-as-a-service is a container orchestration platform that is planned to handle operations such as cluster management and container deployment. Some examples of containers-as-a-service platforms include Docker Swarm, Google Kubernetes, Apache Mesos, Rackspace Carina, and OpenStack’s nova-docker. Currently, it is becoming the newest trend in data center virtualization.
Initially, most software applications ran on different operating systems (OSs); however, but recently the new feature of containers-as-a-service allows all components to run on a single OS. Containers-as-a-service is a cloud provider's container support service. It is placed between infrastructure as a service (IaaS) and platform as a service (PaaS). The container provides micro services and isolation of application and their configuration from the underlying OS. Some of the major software companies, such as Google, Amazon, and IBM, are already operating in the market and are financing technology development.
Container-as-a-service solutions help organizations maximize productivity and manage business risks. These are key factors that are expected to drive the global container-as-a-service market during the forecast period. The solution encompass three different levels of security that include structure, container, and access layers. Containers-as-a-service has role-based access control, secure image registry, LDAP/AD integration, and a dedicated security gateway. It can run multiple- languages, frameworks, and databases all on the container. Rise in utilization of micro services is a key driver of the market. The upsurge of DevOps technology has revolutionized enterprise applications. However, certain factors, such as shortage of tools that are required to cope and monitor the container and convenience issues between severs, are anticipated to hinders the container-as-a-service market.
The global container-as-a-service market can be segmented based on service type, deployment model, enterprise size, industry, and region. In terms of service type, the container-as-a-service market can be segregated into security, monitoring and analytics, storage and networking, training and consulting, and support and maintenance. The security segment is anticipated to expand at a considerable pace during the forecast period. In terms of deployment, the container-as-a-service market can be categorized into private cloud, public cloud, and hybrid cloud. The public cloud segment is anticipated to dominate the container-as-a-service market during the forecast period, as it offers comparatively cost-effective services than the other deployment models.
Based on enterprise size, the container-as-a-service market can be classified into small and medium enterprises and large enterprises. In terms of industry, the market can be divided into banking financial services and insurance, retail, consumer goods, healthcare, manufacturing, IT and telecommunications, travel and hospitality, transportation and logistics, and entertainment. The IT and telecommunications segment is expected to hold a dominant share of the market during the forecast period due to the growing demand from IT developers to develop secure containerized applications.
In terms of region, the global container-as-a-service market can be segmented into North America, South America, Asia Pacific, Europe, and Middle East & Africa. The market in North America is anticipated to expand at a substantial pace during the forecast period. This is due to the rise in demand for private cloud services, managed data centers, and advanced technology available in this region. Asia Pacific is expected to be a lucrative market for container-as-a-service during the forecast period due to increasing usage of micro services and shift of focus from DevOps to server less architecture.
The global container-as-a-service market is categorized by the existence of several key players. Players operating in the global container-as-a-service market compete with others in terms of price and quality. Players operating in the global market include Amazon Web Services, Inc., Cisco Systems, Google, International Business Machine, and Microsoft Corporation.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.