The North America Containers as a Service Market would witness market growth of 22.4% CAGR during the forecast period (2022-2028).
Containerized applications should be simple for IT departments and developers to create, maintain, and run. The containers-as-a-service concept, which can be installed locally or in the cloud, provides clusters and containers as a service. A container-as-a-service demonstration makes it easier for designers to create scaled-out applications and deploy containers. In addition, CaaS provides IT managers comprehensive command over container deployment, including governance and security. These factors will drive market demand.
As demand for containers as a service increases, the entire market will expand during the forecast period. Several new businesses are joining the market and collaborating with established players to offer various services and products, creating a market with immense commercial potential. New enterprises are entering the market with innovative services and goods and predicting expansion over the next few years. In addition, cost-effectiveness is a major factor for small and medium-sized enterprises (SMEs) due to their limited marketing and visibility alternatives and minimal budgets. Due to the highly competitive industry, SMBs invest in CaaS to reach their target audience.
The concept of digital payments offers excellent growth prospects in the e-commerce industry of the United States. In the United States, e-commerce has radically altered the retail scene. Increasing app-based sales are the primary factor driving the expansion of e-commerce. In addition, mobile e-commerce has provided new avenues for purchasing products and services. These shifts have increased the number of economic titans in the United States online retail sector. In addition, domestic internet behemoths like eBay and Amazon have embraced contactless payments. This is further estimated to surge the deployment of CaaS models in the region's BFSI sector leading to market growth.
The US market dominated the North America 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 $1,881.7 million by 2028. The Canada market is poised to grow at a CAGR of 25.2% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 24.1% 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 U.S., Mexico, Canada, and Rest of North America.
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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