Global Service Mesh Market Growth (Status and Outlook) 2023-2029

Global Service Mesh Market Growth (Status and Outlook) 2023-2029

A Service Mesh is a dedicated infrastructure layer for handling service-to-service communication. It’s responsible for the reliable delivery of requests through the complex topology of services that comprise a modern, cloud native Deployment. In practice, the Service Mesh is typically implemented as an array of lightweight network proxies that are deployed alongside Deployment code, without the Deployment needing to be aware.
The core of Service Mesh is to provide a unified global method to control and measure all request traffic between Deployments or services. For companies that adopt microservices, this request flow plays a vital role in the operation of the system. Since services work by responding to requests for uploading images and making requests, the flow of requests becomes a key factor in determining the behavior of the Deployment at runtime. Therefore, the management of standardized traffic will become the entry point for standardized Deployment runtime operations.
LPI (LP Information)' newest research report, the “Service Mesh Industry Forecast” looks at past sales and reviews total world Service Mesh sales in 2022, providing a comprehensive analysis by region and market sector of projected Service Mesh sales for 2023 through 2029. With Service Mesh sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Service Mesh industry.
This Insight Report provides a comprehensive analysis of the global Service Mesh landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Service Mesh portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Service Mesh market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Service Mesh and breaks down the forecast by type, by deployment, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Service Mesh.
The global Service Mesh market size is projected to grow from US$ 214.7 million in 2022 to US$ 2605.6 million in 2029; it is expected to grow at a CAGR of 42.8% from 2023 to 2029.
Global core service mesh manufacturers include Buoyant, HashiCorp etc. The top 3 company hold a share about 30%. North America is the largest market, with a share about 64%, followed by Asia Pacific and Europe with the share about 17% and 15%.
This report presents a comprehensive overview, market shares, and growth opportunities of Service Mesh market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Kubernetes-based
Service Mesh Without Kubernetes
Segmentation by deployment
Cloud
On-Premise
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Buoyant
HashiCorp
F5, Inc.
Kong Inc.
Solo.io
Tetrate
Amazon Web Services
Traefik Labs
A10 Networks
Red Hat (IBM)
Grey Matter
Google
Aspen Mesh
Istio
Kiali
Envoy
Network Service Mesh

Please note: The report will take approximately 2 business days to prepare and deliver.