The Asia Pacific Containers as a Service Market would witness market growth of 24.1% CAGR during the forecast period (2022-2028).
CaaS allows software teams to continuously and quickly launch & scale containerized applications on widely available cloud infrastructures. CaaS is differentiated from the platform as a service (PaaS) using container technology. CaaS further allows the installation of multiple stacks each container, while PaaS mainly focus on explicit 'language stack' installs. If software development teams did not use CaaS, they would have to deploy, administer, and monitor the infrastructure on which containers run.
DevOps workers must monitor & manage this infrastructure, which consists of cloud computers and network routing technologies. CaaS enables development teams to think of higher-order containers rather than fussing with infrastructure management at a lower level. This gives development teams a clearer picture of the final product, allowing for more agile development and customer value. When a project employs PaaS, it relinquishes control of the operating system beneath it. Container runtimes allow greater control and customization by virtualizing and modifying the operating system. As a result, containers play a key role in creating highly customized and specialized software.
The banking industry in India is well-capitalized and well-regulated. As a result, the country's financial and economic situations are significantly superior to those of every other nation. Studies on credit, market, and liquidity risks indicate that Indian banks were generally resilient and withstood the global recession well. Recently, the Indian banking sector has witnessed the introduction of novel banking concepts, such as payments or small finance institutions. In recent years, India has also concentrated on expanding the accessibility of its banking sector via various programs such as the Post payment banks and Pradhan Mantri Jan Dhan Yojana. The robust expansion of the region's BFSI sector can raise the demand for containers as a service market in the sector.
The China market dominated the Asia Pacific Containers as a Service Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $503.8 million by 2028. The Japan market is estimated to grow a CAGR of 23.3% during (2022 - 2028). Additionally, The India market would experience a CAGR of 24.8% during (2022 - 2028).
Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-Sized Enterprises (SMEs). Based on Service Type, the market is segmented into Management & Orchestration, Storage & Networking, Continuous Integration & Continuous Deployment (CI/CD), Monitoring & Analytics, Security, Training & Consulting and Support & Maintenance. Based on Deployment Model, the market is segmented into Public Cloud, Private Cloud, and Hybrid Cloud. Based on Vertical, the market is segmented into Telecom & IT, BFSI, Travel & Hospitality, Healthcare, Manufacturing, Media, Entertainment & Gaming, Transportation & Logistics, Retail & Consumer Goods and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Containers as a Service Market is Projected to reach USD 6.9 Billion by 2028, at a CAGR of 23.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hewlett Packard Enterprise Company, IBM Corporation, Oracle Corporation, Amazon Web Services, Inc. (Amazon.com, Inc.), Google LLC (Alphabet, Inc.), Microsoft Corporation, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Cisco Systems, Inc., Docker, Inc. (Mirantis) and VMware, Inc.
By Organization Size
By Service Type
By Deployment Model
By Vertical
By Country
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