The container orchestration market is rapidly growing due to the increasing trends of organizations choosing applications based on containers to improve scalability and flexibility in software development. Platform containers, a new class of software applications, offer automated solutions for managing, deploying, scaling, and networking containers, which are user-friendly for businesses with intricate applications in cloud, on-premises, and hybrid domains. The market is fueled by consideration of the growth of cloud-native apps, the increase in the use of microservices architecture, and the paradigm of continuous integration/continuous delivery (CI/CD). This means that while enterprises are increasing attention toward company digitalization, the container orchestration market will also experience continuous growth in the future.
The container orchestration market is set to exhibit a growth rate of about 17%. This is due to strategic alliances with cloud service providers and other tech firms that can enhance product offerings and market reach. For instance, in May 2021, Red Hat Inc. (International Business Machines Corporation) and IBM Research launched the Konveyor Project. An open-source project aimed at helping modernize and migrate applications for the open hybrid cloud by building tools, identifying patterns, and providing advice on how to bring cloud-native transformation across IT.
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