The report is segmented on the basis of component, product, company size, industry verticals, service type and region.
PORTLAND, PORTLAND, OR, USA, Aug. 1, 2022 /EINPresswire.com/ — Rising demand for cybersecurity in both private and public sectors would open up lucrative opportunities for market players in the coming years. Rise in vulnerabilities and cyberattacks, growing popularity of microservices, and mass adoption of hybrid cloud technology applications are driving the growth of the global container security and Kubernetes market.
Global Container Security and Kubernetes Market was pegged at $714.0 Million in 2020 and is projected to reach $8.24 Billion by 2030, growing at a CAGR of 27.4% from 2021 to 2030.
Key market players such as – Aqua Security, Alert Logic, Cloud Passage, Capsule8, Qualys, Nev Vector, Twist lock, Trend Micro, StackRox and Sysdig.
The global container security and Kubernetes market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The North American market held the largest share in 2020, accounting for around two-fifths of the market. However, the Asia-Pacific market is expected to register the highest CAGR of 30.9% during the forecast period.
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Based on components, the container security platform segment captured the lion’s share in 2020, accounting for more than three-fifths of the market. However, the services segment is expected to show the highest CAGR of 28.6% during the forecast period.
Based on enterprise size, the large enterprise segment dominated the market in 2020, contributing more than two-thirds of the market. However, the small and medium business segment is expected to show the highest CAGR of 28.3% from 2021 to 2030.
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• The Covid-19 pandemic has had a positive impact on the demand for cloud-based technology for data cybersecurity. The demand for hybrid cloud technology has increased during the pandemic due to increased adoption of work-from-home culture.
• However, the market experienced several challenges due to the lack of manpower and the prolonged confinement in several countries. Additionally, disruption in the supply chain has hampered the growth of the market.
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The latest industry news and developments in terms of market expansion, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansion, and more. are included in the report.
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