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The worldwide container and Kubernetes security market was valued at $714.0 million in 2020, according to Allied Market Research, and is anticipated to reach $8.24 billion by 2030, increasing at a CAGR of 27.4 percent from 2021 to 2030.
The worldwide container and Kubernetes security industry is growing due to an increase in vulnerabilities and cyberattacks, the popularity of microservices, and the use of hybrid cloud technology applications. The difficulty of maintaining the cloud environment, on the other hand, is impeding market development. On the contrary, in the future years, a spike in demand for cybersecurity in both the commercial and public sectors would provide attractive possibilities for market players.
The Covid-19 epidemic has a beneficial influence on the need for cloud-based data security technologies, according to Allied Market Research. Because of the surge in work-from-home culture, demand for hybrid cloud technologies rose during the epidemic.
However, the sector has faced a number of problems as a result of a labor shortage and protracted lockdown in a number of nations. Furthermore, the interruption of the supply chain impeded market expansion.
North America, Europe, Asia-Pacific, Latin America
The worldwide container and Kubernetes security market is segmented in Allied Market Research’s report by components, product, enterprise size, industry verticals, service type, and geography, according to the research.
In terms of components, the container security platform sector accounted for more than three-fifths of the market in 2020. During the projection period, however, the services category is predicted to have the greatest CAGR of 28.6%.
The container and Kubernetes security industry is examined across many areas, including North America, Europe, Asia-Pacific, and Latin America and the Caribbean (LAMEA). In 2020, the market in North America held the biggest proportion, accounting for almost two-fifths of the total. The market in Asia-Pacific, on the other hand, is expected to grow at the fastest rate of 30.9 percent over the forecast period.
Aqua Security, Alert Logic, Cloud Passage, Capsule8, Qualys, Nev Vector, Twist lock, Trend Micro, StackRox, and Sysdig are among the leading competitors in this global container and Kubernetes security industry study by Allied Market Research.