Container Orchestration Market Expected to Reach $1.38 Billion by 2026

According to a recent report published by Allied Market Research, titled, " Container Orchestration Market by Component, Organization Size, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global market was valued at $332.7 million in 2018, and the container orchestration market forecast is projected to reach $1.38 billion by 2026, growing at a CAGR of 17.2% from 2019 to 2026.

Modernization of IT infrastructure, increase in implementation of multi-cloud & hybrid cloud adoption, and surge in adoption of devOps technology are the key factors that drive the growth of the global container orchestration market. In addition, the market growth is driven by increase in adoption of containerization, rise in need to efficiently operate & manage large-scale containers, and implementation of micro-services architecture. The benefits of container orchestration extend beyond just for the purpose of business continuity and accelerating the time to market. Container orchestration tool enables interaction between containers through well-defined interfaces, which leads to the modular container model serving as the backbone for ideal deployment of micro-service architectures.

In the coming future, companies are expected to continue using containers along with orchestration platform to achieve enhanced efficiency in scheduling and cluster management. Companies are adopting these technologies to become independent on the IT infrastructure specifics, since containerization offers the abstraction from underlying infrastructure, which in turn provides increased flexibility. Moreover, companies are implementing container orchestration to gain complete benefit of containers. By incorporating containers and orchestration platform, companies are speeding up the application delivery through standardization of components. In addition, this tool enables eliminating the configuration errors with deployment automation, thus reducing the time to market through the simplified, faster deployment. In turn, container orchestration facilitates to have a consistent environment for working of applications in containers, which can be helpful in security.

The IT & telecom sector segment held the majority of global container orchestration market share in 2018, and is projected to maintain its dominance during the forecast period. The need for having multiple hosts, placement control of applications, network orchestration, scalability, load balancing, and rolling the upgrades is expected to boost the demand of container orchestration solution in the IT & telecom industry. However, the others segment is projected to witness the highest growth rate owing to the fact that many enterprises are deploying software containers technology to optimize performance of data center resources and speed up the application delivery. 

Region wise, the container orchestration market was dominated by North America in 2018, and is expected to maintain this trend during the forecast period. The major factors driving the container orchestration market growth in this region include increase in adoption of container technology, rise in need to maintain the service life of containers, and presence of large number of key vendors in the region. However, Asia-Pacific is expected to witness the highest growth, owing to increase in investment on IT infrastructure, rise in awareness about container orchestration, and business expansion of leading companies across the Asian countries such as Singapore. 

Key Findings of the Study:

• Depending on component, the platform segment led the container orchestration market, in terms of revenue, in 2018.
• By organization size, the large enterprises accounted for the highest container orchestration market size in 2018.
• Region wise, North America generated the highest revenue in 2018; however, Asia-Pacific is anticipated to exhibit substantial container orchestration market growth during the forecast period.
• Depending on industry vertical, the IT & telecom segment dominated the container orchestration market share.

The global container orchestration industry includes some of the key market players such as Amazon Web Services, Inc., Cisco Systems, Inc., D2iQ, Inc., Docker Inc., Google LLC, Microsoft Corporation, Oracle Corporation, Rancher, Red Hat, Inc., and SUSE.