Container Security Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DMICT5507 | Last Updated On: Jan 24 2023 | Available Formats

> Global Container Security Market Expected to reach a high CAGR By 2029: DataM Intelligence

Global Container Security Market is Segmented By Component(Products, Professional Services, Managed Services), By Deployment(Cloud-based, On-premises), By Organization(SMEs, Large Enterprises), By End-User(IT and Telecom, Banking, Financial Application, and Insurance (BFSI), Government, Healthcare, Retail, Manufacturing, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

Container Security Market Size, Demand Insights

The global container security market size was worth US$ XX Million in 2021 and is estimated to show significant growth by reaching up to US$ XX Million by 2029, growing at a CAGR of XX% during the forecast period (2022-2029).

Container Security Market Scope and Summary

Metrics

Details

Market CAGR

High

Segments Covered

By Component, By Deployment, By Organization, By End-User, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

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Container Security is implementing, defining, and adhering to security tools to provide information about any container-based systems or workload, including container image, the running container, and everything in between. It is used to protect all the aspects of the containerized application from risks and threats.

The rise in cloud computing and application sophistication has led to increased adoption of containers and container orchestration platforms, including Kubernetes and Docker. Furthermore, increased demand for the accelerated time to market enabled by DevOps and increased inclination towards application portability across the cloud network. The different benefits associated with containers include eliminating friction, faster build times, enhanced collaboration, and confidence for developers.

Container Security Market Dynamics

The global container security market has been majorly driven by a larger attack that surface containers can create as they are based on many different images, which can create risks and threats of cyberattacks, a major restraining factor hampering the market growth during the forecast period.

Need to recognize them and plan security measures related to containers

The growing need of various organizations to safeguard containers from malicious attacks is the most prominent driving factor for the market's growth. Containers are usually prone to external threats and provide the point of entry into an organization’s broader environment due to increased network traffic. It enables an organization to increase the security of the container, which in turn increases the demand for container security.

Easy deployment coupled with high scalability and extensibility.

The deployment of container security is becoming easy and has high scalability. Companies provide direct access through the browser with any special client software setup. For instance, Qualys, Inc. provides software that can be deployed on public or private clouds and can be set up without any special client software or VPN connections. Furthermore, it can also be used with other extensible XML-based APIs. It can be used with additional security and compliance systems, including GRC, ticketing systems, SIEM, ERM, and IDS. Thus, easy deployment and high scalability are major factors aiding the market's growth.

Lack of skills and training in security tools and practices

The lack of proper knowledge within a team concerning container security, limited visibility in the container images, and an inability to assess the container's risk before deployment are major challenges to the market's growth. An acute shortage of skilled labor for open-source container tools and platforms often results in software configuration faults and blunders.

COVID-19 Impact on Container Security Market Growth

The global container security market would positively impact the increased demand for cloud-based technologies, including public and private, for security. Furthermore, the increase in work-from-home culture is also a major factor in increasing the growth of the global container security market during the forecast period.

Global Container Security Market Segment Analysis

The global container security market is segmented on component, deployment, organization, end-user, and region.

The global container security market is furcated into components, including products and services. The products segment is expected to hold the highest market share during the forecast period. The high adoption of different products by various organizations, including small and large enterprises, increases the market's growth. Additionally, on-premise deployment of various products also increases the demand for different container products.

Container Security Market​​​​​​​ Geographical Analysis

The rise in the losses faced by enterprises due to security breach

North America is expected to hold the highest market share due to various vendors coupled with the well-developed industries in the region. Several large and small enterprises are increasing the adoption of container security, which is a key factor bolstering the demand for container security. Many key players face huge financial losses, which boosts the market's growth in the region.

The Asia-Pacific is expected to witness the highest CAGR due to emerging industrial sectors in the region, including healthcare, retail, and manufacturing. Furthermore, the expansion of SMEs in merging countries such as China and India also increases the risks of cyber threats, which is also a factor increasing the demand for container security products and services.

Container Security Companies and Competitive Landscape

The container security market is highly competitive with the presence of local and global container security companies. Some key players contributing to the market's growth include Amazon Web Services, Inc., Check Point Software Technologies, Cisco System, Inc., IBM Corporation, Juniper Networks, McAfee Corporation, Microsoft Corporation, Palo Alto Networks, Inc., Qualys, Inc., Rapid7, among others. 

The significant players adopt several growth strategies such as product launches, acquisitions, and collaborations, contributing to the container security market's global growth. However, the key players follow collaboration and investment as the growth strategy.

• For instance, in February 2021, Rapid7 acquired Kubernetes security startup Alcide for US$50 million. The company is looking forward to expanding its business operations in managing containerized workloads. Kubernetes is designed to automate container management, making applying security protocol in automated infrastructure easier. 

Palo Alto NetworksInc.

Overview: Palo Alto Networks is a multinational company incorporated in 2005 and headquartered in Santa Clara, California. The company's key business areas include zero-trust network security, cloud security, secure access service edge, security analytics, and automation, and threat intelligence and security consulting. As of July 2021, the company has more than 85,000 customers in 170 countries across the globe. Additionally, the company generated overall revenue of 4,256.1 million in 2021.

Product Portfolio: Prisma Cloud: It requires a unified and integrated approach to deliver full-stack, full-lifecycle security. A Cloud-Native Security Platform (CNSP) requires broad capabilities with deep functionality across the development lifecycle (build, deploy, and run).

Key Development: In December 2021, the company added the first comprehensive cloud-native attack framework to safeguard hosts, containers, and serverless in Prisma Cloud. It increases automation and detection, simplifies compliance checks, and expands visibility into malware risks for containers and hosts.

 

Frequently Asked Questions

What is the Projected CAGR value of the Container Security Market?

The Container Security Market is expected to grow at a high CAGR from 2022 to 2029.

Which region controlled the global market during 2022-2029?

North America region Controls the Container Security Market during 2022-2029.

Which is the fastest-growing region in the Container Security Market?

Among all regions, Asia Pacific is the fastest-growing market share during the forecast period.

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