REPORT HIGHLIGHT
Container security market size was valued at USD 1,508.9 Million in 2022, expanding at a CAGR of 23.8% from 2023 to 2030.
Container security is defined as a set of tools, processes designed, and policies to improve the security capabilities of container applications, due to the vulnerability and security raised from misconfigurations. Additionally, a container application allows vendors to create an isolated infrastructure to test and run applications, as is a self-sustained independent software unit equipped with entire internal code. Moreover, a docker container, which is similar to a snapshot in a virtual machine environment, is built using numerous multiple layers of files that act as a set of instruments.
Container Security Market- Market Dynamics:
- The Internet of Things (IoT) and new cloud-based solutions are driving demand
- Organizations are shifting from conventional business models towards digital businesses in response to the rising proliferation of social media and mobility services along with the Internet of Things (IoT) and the emergence of new cloud-based solutions. Additionally, to deliver quality software at a faster rate in line with their changing business requirements, continued digitalization is prompting organizations. Enterprises' drive toward digitization has increased the adoption of cloud-based solutions, software development, and automation technologies models that can ensure the agility necessary to tweak and deploy the applications in line with the changing business requirement quicker than before. Moreover, DevOps can facilitate enterprises to introduce agile/lean methodologies throughout the supply chain, including the building, development, testing, monitoring of software, and deployment. However, the limited security budget among small and medium-scale enterprises and lack of awareness about container technologies and security are likely to limit the market growth. Furthermore, to promote container security platforms globally increased cybersecurity efforts and rising susceptibility is projected to drive the market growth. The development of the container security market due to the popularity of microservices and the widespread use of digital transformation in businesses is offering lucrative opportunities for the container security market.
Container Security Market- Key Insights:
- As per the analysis shared by our research analyst, the global container security market is estimated to grow annually at a CAGR of around 23.8% over the forecast period (2023-2030)
- The container security industry is projected to grow at a significant rate due to the popularity of microservices and the widespread use of digital transformation
- Based on component segmentation, solution was predicted to show maximum market share in the year 2022
- Based on deployment segmentation, cloud was the leading type in 2022
- On the basis of region, North America was the leading revenue generator in the near future
Container Security Market- Segmentation Analysis:
- The global container security market is segmented on the basis of component, deployment, vertical, and region.
- The market is divided into two categories based on components: services and solutions. The solution segment is likely to possess the market share. In adopting container security solutions various organizations are engaged, which have the potential in detecting vulnerabilities that can initiate a potential attack. Container security solutions save container image builds and runtime hosts, application layers, and platforms. Moreover, across the ever-growing attack surface implementing such solutions will mitigate risks and reduce vulnerabilities.
- The market is divided into three categories based on deployment: on-premise, hybrid, and cloud. The cloud segment is likely to maintain its dominance over the forecast period. Cloud-based platforms remain vulnerable to data breaches and criminality, even as cloud computing evolves. Additionally, more businesses are turning to cloud computing owing to the high costs involved with on-premise solutions. They empower organizations to reach the same level of prevention and threat detection.
- The market is divided into two categories based on enterprise size: large enterprises and small & medium-sized enterprises. The large enterprise segment is attributed to hold the largest revenue share. To meet their business demands various applications and services run by large enterprises in distributed environments and require updates. Moreover, it also provides numerous benefits to large-scale enterprises including increased productivity, cost savings, and improved security. To drive faster product release, it enables organizations to enhance business operations by offering better collaboration between operational teams and development.
- The market is divided into six categories based on verticals: manufacturing, BFSI, healthcare, IT and telecom, retail, government, and others. The IT & telecom sector is expected to dominate the market. To allow their employees to work efficiently and effectively outside the office and away from traditional network security tools, IT & telecom organizations had to quickly adopt cloud services and applications. Furthermore, IT & telecom companies are focusing on implementing and developing in-house cloud network security solutions.
Container Security Market- Geographical Insights:
Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.
Container Security Market- Competitive Landscape:
The major factor driving the market growth is stringent norms and regulations. Additionally, manufacturers growing focus on increasing vulnerabilities and technological advancements due to the large volume of crucial organizational data will act as a prime factor for market demand. Market players are constantly adopting various strategies and technologies such as partnerships, new product launches, contracts, R&D spending, and mergers & acquisitions to gain a competitive edge. For instance, in October 2021, SUSE S.A. a global leader in reliable, innovative, enterprise-grade opens source solutions acquired NeuVector, Inc., a leader in full lifecycle that delivers security, from DevOps pipeline vulnerability protection to automated security and compliance in production. Recent Developments:
For instance, in February 2021, Sysdig and Snyk announced the integration of Sysdig Secure with Snyk Container to protect container security from development through operations. Additionally, this integration enables teams to eliminate up to 95 percent of vulnerability alerts using runtime intelligence from Sysdig Secure with Snyk Container based on initial internal testing.
Key features of the study:
- This proposed research study on container security market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2023-2030), considering 2022 as the base year.
- The report provides the client the latest up-to-date and trending insights about the container security market.
- The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for container security market.
- The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the container security market.
- Impact of COVID-19 on container security market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on container security market post-COVID will also be covered.
- In order to give the users of this report a comprehensive view on the container security market, we have also included competitive landscape and key innovator analysis for the container security market.
- The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
- The report offers detailed company profiling featuring major market participants who will help users to understand their financial information and strategic initiatives of players operating in the container security market.
- In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new launch, research & development, regional expansion of major participants involved in the market on global as well as regional level.
- The global container security market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL CONTAINER SECURITY MARKET KEY PLAYERS
- Broadcom, Inc.
- IBM
- CROWDSTRIKE
- Amazon Web Services
- Aqua Security
- Qualys
- Docker Inc.
- Check Point Software Technologies Ltd.
- Palo Alto Networks
- Zscaler
- VMware
- Sophos
- Microsoft Corporation
- Anchore
- HCL Technologies Limited
GLOBAL CONTAINER SECURITY MARKET, BY COMPONENT
GLOBAL CONTAINER SECURITY MARKET, BY DEPLOYMENT
GLOBAL CONTAINER SECURITY MARKET, BY ENTERPRISE SIZE
- Large enterprises
- Small and medium-sized enterprises
GLOBAL CONTAINER SECURITY MARKET, BY VERTICAL
- Manufacturing
- BFSI
- Healthcare
- IT and Telecom
- Retail
- Government
- Others
GLOBAL CONTAINER SECURITY MARKET, BY REGION
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Australia
- Thailand
- Indonesia
- Philippines
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Israel
- Turkey
- Algeria
- Egypt
- Rest of MEA