According to The Business Research Company’s Container Security Global Market Report 2024, The container security market size is expected to see exponential growth in the next few years. It will grow to $4.43 billion in 2028 at a compound annual growth rate (CAGR) of 22.8%. The growth in the forecast period can be attributed to regulatory shifts and global trends, increasing demand for security solutions, emergence of influential players and expansion of operations across borders, global market penetration and the growing preference for cloud computing, increasing demand for microservices and digital transformation among enterprises. Major trends in the forecast period include technological advancements and changing consumer behaviors, regulatory shifts and global trends, increasing demand for security solutions, growing adoption of cloud computing solutions across various industry verticals, emergence of influential players and expansion of operations across borders.
The increasing adoption of cloud computing is expected to propel the growth of the container security market going forward. Cloud computing refers to the delivery of computing services over the internet, providing access to a wide range of resources without the need for users to own or manage the underlying infrastructure. The businesses need to adapt quickly to changing market conditions, requires cloud computing as it provides the flexibility and scalability. Cloud computing is used in container security to automate tasks such as vulnerability scanning, intrusion detection, and threat response, simplifying security management. For instance, in December 2023, according to Eurostat, a Europe-based intergovernmental organization, around 42.5% of EU enterprises used cloud computing in 2023, primarily for hosting the e-mail systems and storing files in electronic form, an increase of 4.2% compared to 2021. Therefore, the increasing adoption of cloud computing is driving the growth of the container security market.
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The container security market covered in this report is segmented –
1) By Component: Solution, Services
2) By Deployment: Cloud, On-Premise
3) By Enterprise Size: Small And Medium-Sized Enterprises, Large Enterprises
4) By End User: Banking, Financial Services And Insurance (BFSI) , Retail And Consumer Goods, Healthcare And Life Science, Manufacturing, IT And Telecommunication, Government And Public Sector, Other End Users
Major companies operating in the container security market are developing advanced technologies, such as cloud-native container security solutions, to better serve their customers with advanced features. These security solutions are designed to protect containerized applications and infrastructure in cloud environments to meet the requirements of cloud-native software engineering teams. For instance, in October 2022, Veracode, a US-based cloud-based application security company, launched Veracode container security for its continuous software security platform. The new offering from Veracode, tailored Integrated into the continuous integration and continuous delivery (CI/CD) pipeline, this solution is accessible through the command-line interface. It provides comprehensive coverage for detecting and addressing vulnerabilities, managing secrets, and handling security configuration issues across popular operating systems. It offers remediation advice early in the software development life cycle, ensuring that insecure containers are identified and addressed before reaching the production stage.
The container security market report table of contents includes:
1. Executive Summary
2. Container Security Market Characteristics
3. Container Security Market Trends And Strategies
4. Container Security Market – Macro Economic Scenario
5. Global Container Security Market Size and Growth
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32. Global Container Security Market Competitive Benchmarking
33. Global Container Security Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Container Security Market
35. Container Security Market Future Outlook and Potential Analysis
36. Appendix
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