According to IMARC Group’s latest report, titled “Container Orchestration Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global market reached a value of US$454 Million in 2021. Container orchestration refers to an automated process that is extensively deployed in a hybrid environment for managing containers lifecycle, scaling, provisioning, and load balancing. It is utilized for recognizing and tracking containers throughout the supply chain. Container orchestration offers various benefits, such as streamlined operations, automatic restart, security, scaling capabilities, and lowered complexities. At present, container orchestration is commercially available in varying software types, such as Helios, cloud run, Kubernetes engine, and Mirantis.
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The widespread adoption of container orchestration in various industrial verticals, such as information technology (IT), telecommunication, and banking, financial services, and insurance (BFSI), due to its efficiency and resiliency is primarily driving the market growth. In addition to this, the integration of the Internet of Things (IoT) and cloud computing solutions is contributing to the market growth. The increasing implementation of micro-service architectures for scheduling and managing open-source container platforms and workload is acting as another another-growth inducing factor. Apart from this, the rising utilization of Containers-as-as-Service (CaaS) platforms is providing a positive outlook for the market. Looking forward, IMARC Group expects the market to reach US$1781.3 Million by 2027, exhibiting at a CAGR of 16.62% during 2022-2027.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- com Inc.
- Cisco Systems Inc.
- D2iQ Inc.
- Docker Inc.
- Google LLC (Alphabet Inc.)
- Intel Corporation
- Microsoft Corporation
- Oracle Corporation
- Red Hat Inc. (International Business Machines Corporation)
- SUSE S.A.
Breakup by Component:
Breakup by Organization Size:
- Large Enterprises
- Small and Medium-sized Enterprises
Breakup by Industry Vertical:
- IT and Telecom
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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