Container Networking Software Market estimated to reach $843 million by 2025


Posted August 7, 2020 by Blessy_Joy

The Global Container Networking software Market is estimated to reach $843million by 2025, growing at a CAGR of 16.4% from 2020 to 2025.

 
The Global Container Networking software Market is estimated to reach $843million by 2025, growing at a CAGR of 16.4% from 2020 to 2025.Container is a lightweight and portable application sandboxing mechanism on a Linux host that supports its own file system, process and network stack which are effective for broader market prospects .Container Networks are used to build applications ranging from IoT edge to planet scale distributed web applications for multinational enterprises. Container based applications are being developed and deployed in various multinational firms for communication within the networks to deliver the desired services boosting the growth of the market. Ease of application deployment, flexibility and scalability, cost effectiveness and other features are driving the growth of the market.

Key Takeaways
Surge in adoption of container networking software technology by various enterprises, rise in implementation of container networking micro -services architecture along with rise in adoption of cloud computing  technologies are driving the growth of the market..
Orchestration segment held the major share in the Container Networking Software Market in 2019 owing to its automation, management, scaling and routing the containers connected with developers and IT operating enterprises.
North America is expected to dominate the global Container Networking Software Market in the forecast period 2020-2025 owing to the rise in new enterprises along with the adoption and wide use of the container network tools. 
When multiple docker hosts connect together, the container networking process becomes complicated which could hinder the growth of the market.

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Application - Segment Analysis

By application the market is segmented into orchestration, cluster management services, security services, networking and data storage and others. Orchestration held the largest market share at 34.9% in 2019. Adoption of the container orchestration tools due to the rapidly growing centralization, globally is fueling the growth of the market. Furthermore Container orchestration owing to its application scalability, functionality, runtime and others are aiding the growth of the market. Orchestration platform is helping the ventures to develop industry functionality by reducing operating price and by enhancing production. Orchestration cloud and services platform are anticipated to be the top most applications adopted by the small, medium and large enterprises in the forecast period 2020-2025.

Geography - Segment Analysis

Global Container Networking Software Market is dominated by North America by a CAGR 37.8% in 2019. North America is dominating the market owing to its large number of industry players and rapid adoption of container networking software technology by the enterprises. In North America major players are deploying container network cloud services in an enormous way for their various business applications thereby increasing the growth of the market. The demand for optimized process automation by the enterprises along with growth in demand for low cost cloud infrastructure development had driven the market in this region. Furthermore, the adoption of cloud orchestration, cluster management services, security services and others by the end user industries for better business orientation has also aided the growth of the market in this region.


Drivers – Container Networking Software Market
Increasing use of Container Networking Software in Enterprises globally
Growth due the rising number of new enterprises
Market Landscape: Container Networking SoftwareMarket is dominated by major companies such as Microsoft Co., Oracle Co., Cisco systems, Nginx Inc., VmWare Inc, Midokura Co. Ltd., Cumulus Systems Pvt. Ltd., IBM, AWS, Open vSwitch. among others.

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Issued By Blessy
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Country India
Categories Business , Software
Tags container networking software market , container networking software market growth , container networking software market research , container networking software market size
Last Updated August 7, 2020