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Container Orchestration Market by Component, Organization Size, Vertical and Region - Global Forecast to 2023 - ResearchAndMarkets.comThe "Container Orchestration Market by Component (Platform and Services), Organization Size (Large Enterprises and SMEs), Vertical (Telecommunications and IT, BFSI, Government and Public Sector, Manufacturing), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering. The global container orchestration market size is expected to grow from USD 326.1 million in 2018 to USD 743.3 million by 2023, at a Compound Annual Growth Rate (CAGR) of 17.9% during the forecast period. A large presence of open source vendors offering container orchestration platforms, increasing traction of microservices architecture, and proliferation of container orchestration tools are major growth factors for the market. However, persistent storage issues when containers running databases are deployed in production environments, optimizing enterprises infrastructure for containers, and upsurge in container sprawl may affect the market growth. SMEs are defined as business entities with less than 1,000 employees. SMEs generally face 3 critical challenges: capital, resource skills, and management control To overcome these issues, they are adopting container orchestration services that enable their business to scale and grow faster. The implementation of container orchestration would help in increased revenue, desired outcomes, and improved business efficiency for SMEs. Online retailing and cloud technologies have significantly disrupted the retail and consumer goods vertical. To gain a competitive advantage, retailers are using several technologies, including big data and analytics, which require large volumes of data processing and storage. As the vertical deals with shipping orders and deliverables, it needs IT applications to manage operations. The need to manage and monitor such voluminous data is expected to drive the adoption of container orchestration solutions in the consumer goods and retail vertical. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview and Industry Trends 6 Container Orchestration Market, By Component 7 Market By Organization Size 8 Container Orchestration Market, By Vertical 9 Container Orchestration Market, By Region 10 Competitive Landscape 11 Company Profiles
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