Container Security market is a niche but a quickly developing industry, supported by the prominent trend of containerization in the SDLC area. With increased adoption of the Container technology and its advantages of agility and scalability, companies on the Container Security market determined their position in the market and now apply different strategies that nudge them forward and help dominate the competition. In the next paragraph we will unravel the main used strategies in the market of Container Security.
Rather than positioning themselves as commodity providers, which is the approach taken by most companies, entities that make containers in the Container Security market choose a strategy of differentiation. In a competitive arena that is overcrowded with container security solutions, providers attempt to outperform their opponents by delving into differentiating features. Additionally, some suppliers might tailor the products for this market in the form of vulnerability scanners and patch management capabilities adjusted to the container environments' requirements. While others may emphasize on the active security frameworks at runtime such as monitoring and securing containers from malicious attacks, others may focus on the runtime security solutions that detect and mitigate the threats that might occur during the runtime. The highlighting of their unique value proposition helps the companies to attract users who have high standards in regards to security and the urge to step ahead.
The second strategy that is imperative for the Container Security market is cooperation and joint ventures. Companies increasingly collaborate with well-known cloud services providers, container orchestration platforms, or DevOps tool vendors to improve their product portfolios and broaden their presence in the market. By working together with the well-established players, businesses are able to combine their container security tools with the existing technology ecosystems. As a result, those who own these tools will find it easy to provide security everywhere during the complete lifecycle of the container. Besides, partnerships offer the companies with a chance to capitalize on partner networks and customer base, which can be an effective strategy for getting into new markets and high market share growth. Through forming a collaborative partnership role, they are able to exhibit the provision of comprehensive in-built CSC safety measures to tackle security concerns.
Another a vital strategy includes Cost optimization in the Container Security market too. Businesses usually experience budgetary limitation, and among their competitors, those that can serve the solutions at minimal price are more competitive. Providers may come up with various pricing models that suits customers’ requirements by scaling based on container-format environment itself for example. Furthermore, businesses can also cut costs by using cloud services that will help lower the load on resources and automation technologies to reduce operational costs and enhance efficiency. Through establishing themselves as efficient choices, enterprises will be able to win the clients who are not ready to pay much and increase the market share.
Report Attribute/Metric | Details |
---|---|
Market Opportunities | · Expanding range of IoT applications |
Market Dynamics | · Adoption of container at enterprise level and numerous application workloads running the acceptance of container security solution and increasing popularity of microservices and digital transformation across enterprises |
Container Security Market Size was valued at USD 1.5 Billion in 2022. The Container Security market End User is projected to grow from USD 1.9 Billion in 2023 to USD 9.8 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 23.20% during the forecast period (2023 - 2032).
Widespread container use, a large range of workloads for containerized apps, adoption of container security solutions, and growing interest in microservices are all contributing to enterprise-wide digital transformation, are the key market drivers enhancing the market growth.
Figure 1: Container Security Market Size, 2023-2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Businesses using DevOps methodologies most typically use microservices. Enterprise developers who employ the 12-factor app technique are particularly interested in containers. Application components are separately developed, produced, and integrated in a software architecture known as a microservice using Application Programming Interfaces (APIs). Containers are used so regularly for microservice development and deployment that they practically complement one another. Business objectives, microservices, and containers are used to define enterprise IT policies. The deployment of containers and microservices will eventually become a major source of concern because the operational performance of the organisation decides whether these IT policies are successful or unsuccessful.
Container security solutions would be much more widely accepted if there were a large number of application workloads running in containers and if containers were widely used in businesses. Massive workloads have been virtualized using containers as a service as nations in the region focus on modernising their outdated IT infrastructures. They are crucial to accelerating this transition. Following their realisation of the significance of prompt responses, swift business decisions, and satisfied customers for growth, increased revenue, and the achievement of desired results, numerous businesses have started embracing technological advancements in order to automate their business processes and provide customer-centric services.
The ability to respond quickly, make swift business decisions, and satisfy customers are some of the essential components needed to expand the business, boost revenue, and ensure the desired conclusion across the market. Continuous interaction between the applications running inside the container and the deployment of numerous applications across the open-source software development platform enhance platform portability, improve data traceability, fully utilise a container, and reallocate a container with little data loss in case of an emergency, all of which are expected to propel market growth in emerging economies. Thus, driving the Container Security market revenue.
The Container Security Market segmentation, based on Product, includes Cloud and On-premises. On-premises segment dominated the global market in 2022. This is due to the increased need for cybersecurity solutions among SMEs and major corporations to safeguard sensitive data.
The Container Security Market segmentation, based on Components, includes Container Security Platform and Services. Container security platform segment dominated the Container Security Market in 2022. The rising demand for container security across several businesses is the cause of this.
The Container Security Market segmentation, based on Organization Size, includes Small & Medium Enterprises and Large Enterprises. Large enterprises segment dominated the Container Security Market in 2022. When adopting digital transformation, companies should be sure to employ cloud containers in the most dependable and secure manner. Organisations start deploying cutting-edge security solutions, such a framework for customer identity and access management (CIAM) that helps safeguard sensitive end user data and crucial corporate data.
Figure 2: Container Security Market, by Organization Size, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The Container Security Market segmentation, based on End User, includes BFSI, Retail & Consumer Goods, Healthcare & Life Science, Manufacturing, IT & Telecommunication, Government & Public Sector, and Others (Media & Entertainment, Education, and Energy & Utilities). BFSI segment dominated the global market in 2022. Containers have become a vital tool in banks and financial sector organisations that must employ digital technology significantly. Businesses were able to take advantage of the same technological benefits of improved application delivery and run-time efficiency by utilising container security solutions and services, which attracted the interest of a wider audience. Therefore, improved applications and services were delivered as a result of container security in the BFSI industry, increasing market share.
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Container Security Market dominated this market in 2022 (45.80%). The main drivers promoting market progress in this region are the existence of significant market players and the emergence of artificial intelligence-based applications across key sectors. These trends are anticipated to persist in the years to come. Further, the U.S. Container Security market held the largest market share, and the Canada Container Security market was the fastest growing market in the North America region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: CONTAINER SECURITY MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Container Security market accounted for the healthy market share in 2022. Major corporations are embracing container security solutions and services in large numbers, including Microsoft, IBM, VMware, and others. Businesses will also be able to help the growth of the regional market by enhancing their strategic alliances in this field and by increasing their R&D spending to deliver improved container solutions. Further, the German Container Security market held the largest market share, and the U.K Container Security market was the fastest growing market in the European region
The Asia Pacific Container Security market is expected to register significant growth from 2023 to 2032. Both industrialised and emerging economies can be found in Asia-Pacific nations including China, Japan, India, Singapore, the Philippines, Vietnam, South Korea, and Indonesia. Asia Pacific is aggressively utilising its IT infrastructure, which enables companies to adopt cutting-edge technologies. To safeguard their critically important sensitive assets and increase operational effectiveness, local small and large organisations are frequently employing cutting-edge technology and utilising container security solutions and services. The availability and cost of container services for enterprise deployment are driving the adoption of container security in the area. Moreover, China’s Container Security market held the largest market share, and the Indian Container Security market was the fastest growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Container Security market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Container Security Industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Container Security Industry to benefit clients and increase the market sector. In recent years, the Container Security Industry has offered some of the most significant advantages to medicine. Major players in the Container Security market, including Sysdig, Capsule8, Aqua Security, StackRox, Qualys, Trend Micro, CloudPassage, NeuVector, Alert Logic, and Twist lock (Palo Alto Network), are attempting to increase market demand by investing in research and development operations.
NeuVector developed a container firewall programme that aims to offer comprehensive security, from vulnerability mitigation to complete security in production. The company specialises in security policies with minimal configuration that let customers deploy or expand containers while preventing violations by applying a security policy. Additionally, it provides full run-time protection against offences, dangers, and weaknesses. In October 2022, NeuVector was acquired by SUSE, a business that focuses in enterprise-level open-source solutions. A fledgling business called NeuVector specialises in full-lifecycle container security. The sum of the distribution of more than 695,000 more shares and the cash balance of SUSE, which is used for the acquisition, is USD 130 million. If SUSE acquired NeuVector, it would improve the value it delivers for safe software and give its clients access to a more potent container security strategy.
Veracode is a platform for cloud-based application security that seeks to find and fix security-related problems throughout the whole software development lifecycle. The business strengthens the security of programmes from the outset with secured online, mobile, and third-party applications that easily integrate security into the software development process. This makes it possible for security teams, programmers, and companies of all sizes to test and keep an eye on the security of their applications while they are being developed and deployed. Container security will be a part of Veracode's Continuous Software Security Platform, the well-known international provider of application security testing solutions, announced in October 2022. Existing clients can now enrol in the Veracode Container Security early access programme. The requirement for container image vulnerability assessment, secure configuration, and secret management is taken care of by the recently introduced Veracode Container Security service.
Sysdig
Capsule8
StackRox
CloudPassage
NeuVector
Twist lock (Palo Alto Network)
August 2022 Tigera declared its new container security features to be generally available (GA). Tigera offers a Cloud-Native Application Protection Platform (CNAPP) with full-stack observability for Kubernetes and containers that is active on the market. Runtime malware prevention, runtime visibility of vulnerable workloads, admission control policies, and Image Assurance with container image scanning are a few of these features. Through the incorporation of these technologies into Calico Cloud, clients now have access to a single container security solution that can enhance security posture, lower attack surfaces with fine-grained security controls, and offer threat prevention against host- and network-based attacks.
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