Global Cloud Native Applications Market size was valued at USD 10.56 billion in 2022, and is projected to reach USD 20.57 billion by 2032 at a CAGR of 22.5% from 2022 to 2032.
. Cloud Native Applications refer to applications that are designed and built specifically to run in a cloud computing environment. This means that they are developed using cloud-native principles and technologies, such as containers, micro services, and orchestration, to take advantage of the flexibility, scalability, and resilience of cloud infrastructure. Cloud Native Applications have become increasingly popular in recent years, as organizations have realized the benefits of moving their applications to the cloud. These benefits include greater agility, faster time-to-market, improved scalability, and lower costs. Cloud Native Applications also allow organizations to take advantage of cloud-based services such as databases, machine learning, and analytics, which can help them to gain insights and improve their operations, which is bolstering the growth of Cloud Native Applications market share.
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One of the key benefits of Cloud Native Applications market is that they are designed to be highly scalable and resilient. Cloud Native Applications are also designed to be highly portable, which means that they can be easily moved between different cloud platforms or even between on-premises and cloud environments. This is achieved through the use of containers, which provide a lightweight and standardized way of packaging applications and their dependencies.
Overall, the Cloud Native Applications market is poised for continued growth in the coming years, as more organizations recognize the benefits of developing and deploying applications using cloud-native principles and technologies. As Cloud Native Applications market grows, we can expect to see continued innovation in the tools and platforms used to develop and manage Cloud Native Applications, as well as increasing adoption of these applications across a range of industries and use cases.
Impact Analysis for COVID-19
The need for space and services in data centers has grown as a result of the new knowledge organizations have acquired about work-from-home (WFH) and data accessibility during the lockdown period. Automation is being implemented more often in addition to being promoted at the policy level. The work style will continue to significantly rely on data centers even after things return to “normal,” as demand for e-commerce, digital payments, and big data will only increase. Due to the pandemic outbreak, these developments had a favorable effect on the market.
Market Segmentation:
By Component
• Software
• Services
By Deployment Mode:
• Public
• Private
• Hybrid Cloud
By End User
• BFSI
• Healthcare
• Retail
• Manufacturing
• Government
Key Player:
- Amazon Web Services (AWS)
• Microsoft
• Google Cloud
• IBM
• Red Hat
• VMware
• Pivotal Software
• Docker
• Mesosphere
• CoreOS
• Rancher Labs
• Sysdig
• Twistlock
• HashiCorp
• F5 Networks
Regional Analysis:
Currently, North America dominates the Cloud Native Applications market share and Cloud Native Applications market revenue generation. This is primarily due to the presence of a large number of Cloud Native Application providers in the region, as well as the high adoption rate of cloud computing and related technologies among businesses.
The United States is the largest Cloud Native Applications market in North America, driven by the high adoption rate of cloud computing and the presence of several key players in the region. Many large businesses in the US are shifting to cloud-based services and applications to improve their operational efficiency and reduce costs. Additionally, the government’s initiatives to promote cloud computing adoption among small and medium-sized enterprises (SMEs) are also contributing to the growth of the Cloud Native Applications market in the region. However, the Asia Pacific region is expected to witness significant growth in the Cloud Native Applications market in the coming years.
This can be attributed to the rapid adoption of cloud computing and related technologies among businesses in the region, as well as the increasing investments in digital transformation initiatives. Countries like China, India, and Japan are expected to lead the growth in the region, driven by the large population, growing economy, and increasing focus on innovation and technology. Such factors are propelling the Cloud Native Applications market growth.
Key Points:-
- In March 2022, Microsoft announced the general availability of Azure Arc-enabled Kubernetes, a new service that enables customers to manage Kubernetes clusters across multiple clouds, data centers, and edge environments.
• In October 2021, Google Cloud announced the launch of its new Anthos Ready Storage program, which is designed to help customers easily deploy storage solutions that are compatible with Anthos, its hybrid and multi-cloud platform.
• In September 2021, Red Hat announced the release of OpenShift 4.9, its Kubernetes-based platform for developing and deploying cloud-native applications. The new release includes several new features and enhancements, including improved security, better performance, and enhanced developer experience.
• In July 2021, Amazon Web Services (AWS) announced the general availability of its new AWS Proton service, which is designed to help customers streamline the process of deploying and managing containerized applications on AWS.
• In May 2021, VMware announced the acquisition of Mesh7, a cloud-native application security startup. The acquisition is expected to help VMware improve the security of its Tanzu platform, which is used for developing and deploying cloud-native applications.
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