Global Kubernetes Market

Kubernetes Market Size, Share, Growth Analysis, By Product(Cloud and On-premises, and others), By Vertical(Energy, utilities, transportation & logistics, manufacturing), By Component(Connector security Platform and Services), By Region - Industry Forecast 2024-2031


Report ID: SQMIG45F2066 | Region: Global | Published Date: July, 2024
Pages: 242 | Tables: 89 | Figures: 76

Kubernetes Market Insights

Kubernetes Market size was valued at USD 1.46 billion in 2019 and is poised to grow from USD 1.8 billion in 2023 to USD 9.69 billion by 2031, growing at a CAGR of 23.4% in the forecast period (2024-2031).

Kubernetes is Fastest growing project in the history of open source software after Linux. It has many advantages which includes automation of containerised environments, scaling up & down and building a strong open source community. It is also cost efficient and helps in savings , able to run multi cloud possibilities at any place.Moreover, It improves developer productivity, along with increasing experience and popularity.

Kubernetes makes containerized environments possible by acting as the orchestration system.Containers do not need a full OS and instead run with a shared OS kernel, containers are smaller, faster, and more portable versus traditional virtual machines, or VMs.Hey.All the companies are migrating to Kubernetes due to the cost efficiencies and savings that are possible after associating with it.Many organizations have varying degrees of demands and scalability challenges. All of them have found meaningful cause savings with Kubernetes.Along with auto scaling capabilities that allow companies to scale up and down the number of resources they are using in real time, Kubernetes also pair with flexible cloud provider.It efficiently uses the right amount of resources based on demand at given points in time.

US Kubernetes Market is poised to grow at a sustainable CAGR for the next forecast year.

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FAQs

Kubernetes Market size was valued at USD 1.46 billion in 2019 and is poised to grow from USD 1.8 billion in 2023 to USD 9.69 billion by 2031, growing at a CAGR of 23.4% in the forecast period (2024-2031).

Competition in the Kubernetes market is expected to increase during the forecast period because new players are expected to enter in the market and the number of services compatible with Kubernetes will also increase. Currently, only a few key players are providing their services in the market but these numbers will increase in the upcoming years. 'Google LLC', 'Microsoft Corporation', 'Red Hat, Inc.', 'IBM Corporation', 'Docker, Inc.', 'Amazon Web Services, Inc.', 'VMware, Inc.', 'CoreOS, Inc.', 'Mesosphere, Inc.', 'Pivotal Software, Inc.', 'Rancher Labs, Inc.', 'Canonical Ltd.', 'Heptio, Inc.', 'Oracle Corporation', 'Sysdig, Inc.', 'Weaveworks Ltd.', 'Tigera, Inc.', 'HashiCorp, Inc.', 'Platform9 Systems, Inc.', 'D2iQ, Inc.'

Gubernat facilitates container integration and access to storage resources with different cloud providers that make Development, testing, and deployment simpler.It is better to deploy Kubernetes during the development cycle by developer because they can test code early on and prevent expensive mistakes down the road.These Efficient transition of Kubernet will help the market to propel in future.

Databases, event-driven messaging, and mission-critical applications are expected to move to Kubernetes to take advantage of the scalability, security, and portability that it brings to all applications. These all the applications will help to propel the Growth of the market.

Globally, North America is estimated to hold the highest Kubernetes market share. Main factors during this growth period is the presence of top market players such as StackRox, Alert Logic and others.Many investments and resources are made available by major organizations and Government for the development of Kubernet in the region.

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Global Kubernetes Market

Product ID: SQMIG45F2066

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