Global Kubernetes Market by Component(Connector security Platform and Services),Vertical(Energy, utilities),Product(Cloud and On-premises, and others) - Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprints by MarketDigits - Forecast 2024 – 2032

The global Kubernetes market exhibited a value of USD 1.46 billion in 2021 and is projected to grow from USD 1.8 billion in 2022 to USD 9.69 billion by 2030, with a CAGR of 23.4% during the forecast period (2023-2030).

Kubernetes has become the fastest-growing project in the history of open-source software, following in the footsteps of Linux. It offers numerous advantages such as automation of containerized environments, scalability, and the establishment of a robust open-source community. Kubernetes is cost-efficient, enabling cost savings, and allows for multi-cloud capabilities across different locations. Additionally, it enhances developer productivity and has gained significant experience and popularity.

Kubernetes serves as the orchestration system that enables containerized environments. Containers, which do not require a full operating system and instead run with a shared OS kernel, offer advantages such as smaller size, faster performance, and increased portability compared to traditional virtual machines (VMs). Many companies are migrating to Kubernetes due to the potential cost efficiencies and savings it offers. Organizations with diverse demands and scalability challenges have found significant cost savings by adopting Kubernetes. Its auto-scaling capabilities allow companies to adjust their resource usage in real-time, efficiently allocating resources based on demand.

Global Kubernetes Market Segmental Analysis
The global Kubernetes market is segmented based on application, product, component, organizational size, and region. In terms of industry verticals, the market is segmented into Retail & Consumer Goods, IT & Telecom, Government, BFSI, Healthcare & Life Science, Manufacturing, and Others. The market is further segmented by product into Cloud and On-premises, and others. The component segment includes Container Security Platform and Services. Organizational size categorization consists of Large Enterprises and Small & Medium Enterprises. Geographically, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Analysis by Product:
The global Kubernetes market is segmented into various product categories, including Cloud, On-premises, and others. The On-premises segment currently holds the largest market share, driven by the multitude of benefits offered by Kubernetes in this segment. On-premises deployment allows users to run clusters on diverse infrastructure within their own premises. This flexibility enables users to repurpose their existing environment and integrate it with Kubernetes, whether through virtual machines or creating a cluster from scratch on bare metal. Popular ways of deploying Kubernetes on-premises include using virtual machines on existing VMware vSphere environments, running it on Linux physical servers (Ubuntu, CentOS, or Rhel Linux), or deploying it on other on-premises IaaS environments like OpenStack.

Analysis by Vertical:
In terms of verticals, the Kubernetes market is categorized into Retail & Consumer Goods, IT & Telecom, Government, BFSI, Healthcare & Life Science, Manufacturing, and Others. The IT & Telecom industry, including telecommunications, is a major driver of innovation and growth in the global market. Therefore, it leads the market in terms of revenue generation. Kubernetes significantly simplifies the deployment of applications and adds value to underlying platforms for end users, making it a valuable tool for developers across the IT & Telecom industry.

Global Kubernetes Market Regional Insights
North America is projected to hold the largest market share in the global Kubernetes market. This is attributed to the presence of top market players and significant investments and resources made by major organizations and governments in the region to support Kubernetes development. Key players such as StackRox and Alert Logic contribute to the growth of the market in North America.

The Asia Pacific region is expected to witness the fastest growth during the forecast period. This is primarily due to the increasing adoption of Kubernetes technology in the development of various countries in the region, particularly China, India, and Japan. The penetration of IT & telecom in the Asia Pacific region has doubled in recent years, and major organizations and operators are making substantial investments to provide Kubernetes at affordable prices to consumers. This is expected to drive the demand for Kubernetes in the region.

Global Kubernetes Market Dynamics
Drivers:
Increasing Demand for Cloud Storage Drives Market Growth:
The adoption of Kubernetes is driven by its ability to facilitate container integration and provide access to storage resources across different cloud providers. This simplifies development, testing, and deployment processes, allowing developers to test code early on and avoid costly mistakes in the future. The efficient transition to Kubernetes during the development cycle is expected to propel market growth.

Restraints:
Mitigation Challenges Hindering Market Growth:
The development of the Kubernetes market faces several challenges, including meeting isolation standards, internal networking issues, limited visibility into resource utilization, optimizing resource usage, deployment failures, mitigating downtime, reduced visibility into data flows, patch management, access management, and tenant isolation in on-premises environments. These factors act as restraints for the growth of the Kubernetes market.

Global Kubernetes Market Competitive Landscape:
Competition in the global Kubernetes market is expected to intensify during the forecast period as new players enter the market and the number of services compatible with Kubernetes increases. Currently, only a few key players provide services in the global market, but this is anticipated to change in the coming years.

Top Player’s Company Profiles:
• Google LLC
• Microsoft Corporation
• Red Hat, Inc.
• IBM Corporation
• Docker, Inc.
• Amazon Web Services, Inc.
• VMware, Inc.
• CoreOS, Inc.
• Mesosphere, Inc.
• Pivotal Software, Inc.
• Rancher Labs, Inc.
• Canonical Ltd.
• Heptio, Inc.
• Oracle Corporation
• Sysdig, Inc.
• Weaveworks Ltd.
• Tigera, Inc.
• HashiCorp, Inc.
• Platform9 Systems, Inc.
• D2iQ, Inc.

Recent Developments:
• In February 2022, Rakuten Group's newly established telco-focused division, Rakuten Symphony, acquired Robin.io, a startup that provides a Kubernetes platform designed for complex network applications and storage solutions. This acquisition aims to enhance multi-cloud mobility, automation, and orchestration within Rakuten Symphony's portfolio.

Global Kubernetes Key Market Trends:
• Databases, event-driven messaging, and mission-critical applications are expected to transition to Kubernetes to leverage its scalability, security, and portability benefits. This trend will contribute to the growth of the market.