Container Security Market Size, Share & Trends Analysis Report By Component (Solution, Services), By Deployment, By Enterprise Size, By Vertical (BFSI, Retail), By Region, And Segment Forecasts, 2023 - 2030

Container Security Market Size, Share & Trends Analysis Report By Component (Solution, Services), By Deployment, By Enterprise Size, By Vertical (BFSI, Retail), By Region, And Segment Forecasts, 2023 - 2030

Container Security Market Growth & Trends

The global container security market size is expectedto reach USD 9.88 billion by 2030, expanding at a CAGR of 26.5% from 2023 to 2030, according to a new study by Grand View Research, Inc. The market is poised for growth due to various factors including the increasing adoption of cloud technologies, the rise of mobile computing, integration of advanced technologies like Artificial Intelligence (AI), the Internet of Things (IoT), and Machine Learning (ML) with security solutions, and organizational focus on achieving higher productivity and profitability through digital transformation.

These trends have led to the emergence of disruptive and innovative technologies across industry verticals such as retail, banking, healthcare, and others. While these technologies have brought automation, improved capabilities, and better working conditions, they have also introduced new threats such as exploits, vulnerabilities, and malware, shaping the global threat landscape. To adapt to these evolving challenges and meet customer demands, organizations are expected to embrace container security solutions.

These solutions enable businesses to address customer needs effectively, enhance product quality, automate software delivery processes, and improve operational efficiency across teams. By implementing container security measures, organizations can ensure the protection of their containerized applications and data, by safeguarding against potential security breaches and vulnerabilities.

The adoption of DevOps practices is more prevalent in developed regions, particularly North America and Europe. These regions are witnessing significant growth in digital solutions, mobility, cloud services, and emerging technologies like the Internet of Things (IoT). Moreover, they are home to established industry players who are driving the DevOps movement. The increasing penetration of connected devices, smartphones, web applications, and services has contributed to the expansion of the container security industry in these regions. Businesses are recognizing the need for robust security measures to protect their containerized applications in this digital landscape.

In developing regions such as China; India; Brazil; and others, there is a notable increase in spending on smartphones and connected devices. Additionally, these regions are continuously expanding their infrastructure and mobility services. As a result, investments in digital technologies are expected to grow in these areas. These factors create favorable conditions for the container security industry to thrive during the forecast period. The rising adoption of DevOps practices, coupled with the increasing focus on digital transformation and the need for enhanced security, will drive the demand for container security solutions in both developed and developing regions.

As a result of continued digital transformation, organizations have become keener than before in responding to customer needs and ensuring customer satisfaction. As such, organizations providing software and IT services have transformed their legacy business processes. They are trying to engage with their customers via digital channels to record feedback, complaints, ratings, and suggestions on software releases. Many organizations have already invested in big data and analytics solutions that can help better understand the customers’ needs, preferences, and behaviors, and ensure a better service desk experience for customers.

They have also incorporated agile development methodologies to accelerate the development cycle and improve the time-to-market. DevOps ensures a smooth collaboration between the development and operations teams of an enterprise to automate the development, testing, deployment, and operations of software. This enables organizations to enhance the quality of the deliverables, mitigate risks, save costs, and enhance customer engagement. These factors would further supplement the growth of the container security industry during the forecast period.

Container Security Market Report Highlights

• The services segment is expected to register a CAGR of 27.4% from 2023 to 2030. The increasing adoption of managed services to overcome the pressure on internal IT teams to manage and secure devices such as servers, mobile devices, and network devices within organizations is expected to propel the growth of the segment
• The cloud-based segment is anticipated to grow at a CAGR of 28.0% from 2023 to 2030. Digital enterprises are increasingly opting for cloud-based deployments. This is because cloud-based deployments offer competitive pricing, and higher agility and scalability as compared to on-premise solutions. Cloud-based deployments also eliminate the need to deploy additional hardware, thereby reducing the total cost of ownership. Cloud computing offers enhanced computing power, more storage, and higher scalability and flexibility
• The Small & Medium-sized Enterprises (SMEs) segment is anticipated to grow at a CAGR of 27.3% from 2023 to 2030. For organizing production environments, delivering services, and keeping customer data, most SMEs use cloud-based infrastructure and cloud data storage solutions. Enterprises are rapidly embracing Social, Mobile, Analytics, and Cloud (SMAC) to support essential infrastructure and business processes across cloud deployments
• The BFSI segment is anticipated to grow at a CAGR of 29.5% from 2023 to 2030. The adoption rate of DevOps solutions by the BFSI industry is expected to be high as the industry strives to address the growing concerns over custom digital services and the evolving regulations governing digital transactions that are forcing financial institutions to launch new and compliant software regularly. DevOps enables financial institutions to increase operational efficiency and improve customer service at a faster rate without disrupting services
• The Asia Pacific segment is anticipated to grow at a CAGR of 29.9% from 2023 to 2030. The market is being propelled by the proliferation of technology, rising penetration of smartphones, strong network connectivity, and high adoption rate of digital services

Please note The report will be delivered in 3-8 business days upon order notification.