According to the report published by Allied Market Research, the global container orchestration market share was pegged at $332.7 million in 2018 and is anticipated to hit $1.38 billion by 2026, registering a CAGR of 17.2% from 2019 to 2026.
An increase in the adoption of application container technology, a surge in the implementation of micro-services, and a rise in the popularity of open-source container orchestration platforms fuel the growth of the global container orchestration market.
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On the other hand, inadequate cloud architect skills required for operating container orchestration tools curbs growth. However, the use of container orchestration for IoT devices and an increase in investment in application container technology are anticipated to pave the way for several opportunities in the near future.
In the coming future, companies are expected to continue using containers along with an orchestration platform to achieve enhanced efficiency in scheduling and cluster management. Companies are adopting these technologies to become independent of the IT infrastructure specifics since containerization offers abstraction from the underlying infrastructure, which in turn provides increased flexibility.
Moreover, companies are implementing container orchestration to gain the complete benefit of containers. By incorporating containers and orchestration platforms, companies are speeding up application delivery through the standardization of components.
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By component, the platform segment held nearly three-fourths of the total market revenue in 2018 and is anticipated to retain its dominance throughout the forecast period. At the same time, the services segment would cite the fastest CAGR of 21.2% from 2019 to 2026.
Based on organization size, the large enterprises segment accounted for more than two-thirds of the total market share in 2018 and is expected to maintain the lion’s share by the end of 2026. Simultaneously, the SME segment would portray the fastest CAGR of 21.0% throughout the forecast period.
Based on geography, North America generated the highest share in 2018, holding more than two-fifths of the global market. Asia-Pacific, on the other hand, would manifest the fastest CAGR of 22.2% by 2026. The other two regions analyzed in the report include Europe and LAMEA.
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The global container orchestration industry includes some of the key market players such as Amazon Web Services, Inc., Cisco Systems, Inc., D2iQ, Inc., Docker Inc., Google LLC, Microsoft Corporation, Oracle Corporation, Rancher, Red Hat, Inc., and SUSE.
Key Findings of the Study:
- Depending on the component, the platform segment led the container orchestration market, in terms of revenue, in 2018.
- By organization size, the large enterprises accounted for the highest container orchestration market size in 2018.
- Region-wise, North America generated the highest revenue in 2018; however, Asia-Pacific is anticipated to exhibit substantial container orchestration market growth during the forecast period.
- Depending on the industry vertical, the IT & telecom segment dominated the container orchestration market share.
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