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2021
Container Security Market

Container Security Market

by Product (Cloud and On-Premises), Component (Container Security Platform and Services), Organizational Size (Large Enterprises and Small & Medium Enterprises), and Application (Retail & Consumer Goods, IT & Telecom, Government, BFSI, Healthcare & life Science, Manufacturing, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030
Update Available On-Demand

Report Code: A14257
Pages: 269
Oct 2021 | 1390 Views
Author(s) : Pramod B, Himanshu J , Vineet K
Tables: 152
Charts: 69
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Container Security Market Statistics: 2030

The global container security market size was valued at $571.47 million in 2020, and is projected to reach $7.57 billion by 2030, registering a CAGR of 29.2% from 2021 to 2030. 

COVID-19 pandemic is expected to positively impact the growth rate of the container security market, owing to increase in demand for container security solution among the SMEs and large enterprises for protecting organizations data’s and growing need to detect and block the malware to reduce the risk of cyber attack and data theft issues.

Container security is a set of tools, policies, and processes designed to improve the security capabilities of container applications, owing to ensure the security and vulnerability raised from misconfigurations. Further, container application is a self-sustained independent software unit equipped with entire internal code that allows vendors to create an isolated infrastructure to run and test applications. In addition, docker  security creates multiple layers of files that act as a set of instruments used to build a docker container, which is comparable to a snapshot in a virtual machine environment. 

Container-Security-Market-2021-2030

The global container security market is witnessing growth, owing to a significant increase in container application adoption across enterprises and production environments. Moreover, the rise in cloud computing solutions in BFSI, government, and defense sectors is creating the need for an enhanced container security solution, which acts as a prime driving force for the global market.

Container Security Market
By Deploymkent Mode

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On-Premises segment influence the market in 2020, and expected to follow the same in future.

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The container security market is expected to witness notable growth during the forecast period, owing to rise in vulnerability and cybersecurity to promote container security platforms, globally. Moreover, surge in popularity of microservices and digital transformation across enterprises are anticipated to offer remunerative opportunities for the expansion of the container security market analysis.

However, limited security budget among SMEs and lack of awareness about container technologies and security limit the market growth. On the contrary, increase in adoption of cloud based containers in prime industries coupled with presence of a large number of open-source venders offering container platform are expected to provides container security market opportunity during the forecast period.

Container Security Market
By Component

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Container Security Platform segment hold domination position in 2020.

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The emergence of COVID-19 declined the growth rate of the container security market outlook in 2020. Furthermore, the market during COVID-19 was primarily hit by several obstacles, including the availability of resources, skilled workforce, and project delays or cancellations, which restrain the market growth during COVID-19. However, rise in demand from computer application across prime enterprise globally coupled with surge in demand for cybersecurity solutions across government sector propel the market growth during COVID-19.

On the basis of product, the on-premises segment dominated the container security market share in 2020, and is expected to maintain its dominance in the upcoming years owing to growing need of cybersecurity solution among SMEs and large enterprises for secure confidential information. However, the cloud segment is expected to witness highest growth rate in the upcoming years, owing to rise in adoption of the digital solution in the large enterprises. Increase in various initiatives by many prime organizations globally to boost the adoption of cloud container security for a more flexible and secured environment is driving the container security market growth.

Container Security Market
By Enterprise Size

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Large Enterprises segment generated the highest revenue in 2020.

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Region wise, the container security market was dominated by North America in 2020, and is expected to retain its position during the forecast period. The major factors that drive the growth of the market in this region include presence of key players of the market and increase in artificial intelligence-based applications across prime industries is anticipated to propelling the extension of the market in coming years. However, Asia-Pacific is expected to witness the highest growth rate during the forecast period, owing to rise in smart infrastructural solution in the Asia-Pacific region. 

The container security market is segmented into component, product, organizational size, and application. Depending on component, the market is segregated into container security platform and services. On the basis of product, the market is fragmented into cloud and on-premises. By on organizational size, the market is segmented into small & medium enterprise and large enterprises. By application, it is categorized into BFSI, manufacturing, IT & telecom, government, retail & consumer goods, healthcare & life science, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the container security industry include Alert Logic, Aqua Security, Capsule8, Cloud Passage, Nev Vector, Qualys, Trend Micro, Twist lock, StackRox, and Sysdig. These players have adopted various strategies to increase their market penetration and strengthen their position in the container security industry.

Container Security Market
By End User

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IT & Telecommunication segment generated the highest revenue contributer in 2020.

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Top Impacting Factors

Significant factors that impact growth of the global container security market trends include rise in popularity of microservices and digital transformation across enterprises coupled with presence of a large number of open-source venders offering container platform globally. However, lack of awareness about container technologies and security paired with Limited security budget among small & medium sectors is acting as a major barrier for early adoption, which hampers growth of the market. On the contrary, increase in vulnerability and cybersecurity to promote container security platforms and surge in adoption of cloud based containers in prime industries is anticipated to provide remunerative opportunities for expansion of the container security industry during the forecast period.

Competition Analysis

Competitive analysis and profiles of the major players in container security industry are Alert Logic, Aqua Security, Capsule8, Cloud Passage, Nev Vector, Qualys, Trend Micro, Twist lock, StackRox, and Sysdig are provided in this report. These players have adopted various strategies to increase their market penetration and strengthen their position in the container security industry.

Container Security Market
By Region

2030
Europe 
North America
Asia-pacific
Lamea

North America segment garner significant market share in 2020.

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Key Benefits For Stakeholders

  • This study comprises analytical depiction of the container security market size along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall container security market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current container security market forecast is quantitatively analyzed from 2021 to 2030 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the smart display.
  • The report includes the market share of key vendors and container security market trends.

Container Security Market Report Highlights

Aspects Details
By Product
  • Cloud
  • On-premises
By Components
  • Container Security Platform
  • Services
By Organizational Size
  • Small & Medum Enterprises
  • Large Enterprises
By End User
  • BFSI
  • Retail & Consumer Goods
  • Healthcare & Life Science
  • Manufacturing
  • IT & Telecommunication
  • Government & Public Sector
  • Others ( Media & Entertainment, Education, and Energy & Utilities)
By Region
  • North America  (U.S, Canada)
  • Europe  (UK, Germany, France, Italy, Netherlands, Rest of Europe)
  • Asia-Pacific  (China, Japan, South Korea, Australia, India, Rest of Asia-pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players Alert Logic, Aqua Security, Capsule8, CloudPassage, NeuVector, Qualys, StackRox, Sysdig, Trend Micro, Twist lock (Palo Alto network)
 

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A container security solution is a standard unit of software designed to protect the contained application from any potential threat. Container security is intended to integrate into electronic application to ensure the safety of the container images platform and application layers. Further, container security monitors all possible breaches in the container environment, such as software supply chain, infrastructure, and life cycle management apps operating on containers. In addition, the surge in demand for enhanced infrastructure solutions across prime enterprises is expected to offer profitable opportunities for the container security market.

The global container security market is highly competitive, owing to the strong presence of existing vendors. Container security vendors, who have access to extensive technical and financial resources, are anticipated to gain a competitive edge over their rivals, as they have the capacity to cater to the market requirements. The competitive environment in this market is expected to further intensify with increase in technological innovations, product extensions, and different strategies adopted by key vendors.

Surge in demand for e-commerce platform drives the need to enhance container security solutions such as chatbots and voice assistants. Moreover, prime economics, such as the U.S., China, Germany and Japan, plan to develop and deploy next-generation container security solutions across various sectors. For instance, on April 27, 2021, the UK-based Stanford Research Institute partnership firm AccuKnox, announced to close an oversubscribed $4.6 million in seed funding to meet the growing demand for Zero-Trust container security solution across this region, which is anticipated to provide lucrative opportunities for the market growth.

Among the analyzed regions, North America exhibits the highest adoption rate of container security and has been experiencing massive expansion of the market. On the other hand, Asia-Pacific is expected to grow at a faster pace, predicting lucrative growth due to emerging countries, such as China, Japan, and India, investing in these technologies. Regions, such as the Middle East and Africa, are also expected to offer new opportunities in the container security market in future.

Globally, various key players and government agencies are investing in container security to make them compatible with various industrial platforms. For instance, on July 28, 2021, TrapX Security , a global leader in deception-based threat detection and response, announced the launch of TrapX DeceptionGrid 7.2 designed to protect containerized environment. In addition, In October 2020, the Canadian federal government awarded Google Cloud with a framework agreement for secure cloud, which gives Google cloud the green light to sell their cloud platform and related technologies to the federal government agencies. All these developments across container security showcase lucrative growth opportunities for the market growth. 

The key players profiled in the report include Alert Logic, Aqua Security, Capsule8, Cloud Passage, Nev Vector, Qualys, Trend Micro, Twist lock, StackRox, and Sysdig are provided in this report.

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