Microservices Orchestration Market Overview
The Microservices Orchestration Market Size was estimated at 2.4 (USD Billion) in 2022.The Microservices Orchestration Industry is expected to grow from 2.94(USD Billion) in 2023 to 18.12 (USD Billion) by 2032. The Microservices Orchestration Market CAGR (growth rate) is expected to be around 22.39% during the forecast period (2024 - 2032).
Key Microservices Orchestration Market Trends Highlighted
Market Trends in Microservices Orchestration MarketThe microservices orchestration market is rapidly evolving, driven by the increasing adoption of microservices architectures and the need for efficient and scalable orchestration solutions. Key market drivers include the rise of cloud computing, the proliferation of IoT devices, and the growing demand for agile and flexible IT infrastructure.Opportunities to be explored include the development of new orchestration technologies, such as serverless computing and container-based orchestration, as well as the integration of AI and machine learning into orchestration solutions. Trends in recent times include the growing popularity of Kubernetes as an orchestration platform and the emergence of multi-cloud orchestration solutions.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Microservices Orchestration Market Drivers
Increasing Adoption of Cloud Computing
The growth of the Microservices Orchestration Market Industry is mainly driven by the increasing adoption of clod computing. Cloud computing is used by many businesses as it offers them a number of advantaged, such as scalability, flexibility, and cost-effectiveness. Microservices orchestration tools allow a business to manages and deploy theion microservice application in the cloud which can allow them to improve the performance and reliability of the application.In addition, microservices orchestration tools can be used by businesses to reduce the cost of developing and maintain their applications. Owing to the increasing adoption of cloud computing, the demand for microservices orchestration tools will also increase. Microservices orchestration tools are needed to manage and deploy microservices application sin the cloud. As such, this factor is a major driver in the growth of the Microservices Orchestration Market Industry.
Growing Complexity of IT Environments
Another major driver of the growth of the Microservices Orchestration Market Industry is the growing complexity of IT environments. As businesses are increasingly adopting new technologies, such as cloud computing, containers, and serverless computing, their IT environments are becoming more complex. This complexity can make it difficult to manage and deploy microservices applications. Microservices orchestration tools help businesses to simplify the management and deployment of their microservices applications by providing a centralized platform for managing all of their microservices.As the complexity of IT environments continues to grow, the demand for microservices orchestration tools is expected to increase. The reason is that microservices orchestration tools can help businesses to reduce the complexity of their IT environments and improve the performance and reliability of their microservices applications.
Rising Demand for Agility and Innovation
One of the major energies powering the development of the Microservices Orchestration Market Industry is the increasing demand for agility and innovation. The modern business environment is one of high flux and developments, and modern businesses need to be versatile and capable of innovating efficiently to be successful. Therefore, the adoption of microservices orchestration tools is expected to rise. Indeed, the latter provide businesses with an opportunity to become more agile and innovative as they enable enterprises to implement new microservices applications quickly and easily.In turn, it raises the competitiveness of the market, and more businesses will be likely to adopt these tools.
Microservices Orchestration Market Segment Insights
Microservices Orchestration Market Deployment Model Insights
The deployment model section of the Microservices Orchestration Market is classified as either on-premise or cloud. On-premise deployment involves the installation and management of microservices orchestration software on an organization’s own infrastructure. Although it gives organizations a greater degree of control over data and security, it is less flexible and more expensive due to the need to invest in hardware, software, and IT staff. The on-premise deployment model is estimated to contribute a significant portion of the Microservices Orchestration Market revenue by the close of 2023 since there has to be secured and established infrastructure for supporting and running the company’s mission-critical provision.In contrast, cloud deployment is when the microservices orchestration software is hosted by third-party cloud providers and large-scale data centers. It does not require organizations to invest in their provision and is a lot less physically tethered, so it is more scalable and cost-efficient.
There is increased interest in the cloud deployment model as it is becoming a more accepted way to deliver software on a wide range of applications across numerous industries due to the cost-effectiveness, ease of use, and scalability of the cloud model.The Microservices Orchestration Market is expected to experience significant growth over the forecast period as there is a rise in the implementation of the cloud-native applications and a surge of need for efficient and agile IT provision. The market is projected to be boosted by the increased deployment of microservices orchestration solutions that can automatically deploy, operate, and oversee microservices-based apps. The forecasted expansion will also be fueled by the increased usage of artificial intelligence and machine learning technologies for the microservices orchestration solutions.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Microservices Orchestration Market Enterprise Size Insights
The Microservices Orchestration Market is segmented by enterprise size into large enterprises and small and medium-sized enterprises (SMEs). Large enterprises are expected to account for a larger share of the market due to their complex IT infrastructures and the need for efficient microservices management. SMEs are also expected to contribute significantly to the market growth, as they increasingly adopt microservices to improve their agility and innovation. The Microservices Orchestration Market revenue for large enterprises is projected to reach $10.23 billion by 2024, while the market revenue for SMEs is expected to reach $4.12 billion by the same year.These figures indicate the significant growth potential of the microservices orchestration market across both enterprise segments
Microservices Orchestration Market Vertical Insights
The Microservices Orchestration Market is segmented into various verticals, including IT and Telecom, Healthcare, Financial Services, Manufacturing, Retail, and Government. Among these, the IT and Telecom vertical held the largest market share in 2023, and is expected to maintain its dominance throughout the forecast period. The growing adoption of cloud-based services, coupled with the increasing need for agility and flexibility in IT infrastructure, is driving the demand for microservices orchestration solutions in this vertical. The Healthcare vertical is also witnessing significant growth, as healthcare providers are increasingly leveraging microservices to improve patient care and operational efficiency.Financial Services, Manufacturing, Retail, and Government verticals are also expected to contribute to the overall growth of the Microservices Orchestration Market, as businesses in these sectors seek to modernize their IT infrastructure and improve their agility and scalability.
Microservices Orchestration Market Application Type Insights
The Microservices Orchestration Market is segmented by Application Type into Cloud Integration, API Management, Service Discovery, Load Balancing, and Container Management. Cloud Integration is expected to hold the largest market share in 2023, owing to the increasing adoption of cloud-based services and the need for seamless integration between different cloud platforms. API Management is also expected to witness significant growth, driven by the rising demand for secure and efficient management of APIs. Service Discovery and Load Balancing are expected to grow steadily, as they play a crucial role in ensuring high availability and scalability of microservices-based applications.Container Management is expected to gain traction in the coming years, as more organizations adopt containerization technologies to improve application deployment and management. The Microservices Orchestration Market revenue for Cloud Integration is projected to reach USD 5.9 billion by 2024, while API Management is expected to reach USD 4.2 billion. Service Discovery, Load Balancing, and Container Management are expected to reach USD 3.1 billion, USD 2.6 billion, and USD 2.3 billion, respectively, by 2024.
Microservices Orchestration Market Orchestration Tool Insights
The Microservices Orchestration Market is segmented into Orchestration Tool, which includes Docker Swarm, Kubernetes, Mesosphere DC/OS, and Apache Mesos. Kubernetes held the largest market share in 2023, and it is expected to continue its dominance throughout the forecast period. The growing adoption of cloud-native applications and the need for efficient container management are driving the growth of the Kubernetes market. Docker Swarm is another popular orchestration tool, and it is expected to grow at a significant rate during the forecast period.Mesosphere DC/OS and Apache Mesos are also gaining traction in the market, and they are expected to contribute to the overall growth of the Orchestration Tool segment.
Microservices Orchestration Market Regional Insights
The Microservices Orchestration Market was valued at USD 2.94 billion in 2023 and is projected to reach USD 18.12 billion by 2032, exhibiting a CAGR of 22.39% during the forecast period. Regionally, North America held the largest market share in 2023, followed by Europe, Asia-Pacific, South America, and the Middle East Africa. North America's dominance can be attributed to the early adoption of cloud computing and microservices architecture, as well as the presence of key market players such as Amazon Web Services (AWS), Microsoft, and Google Cloud Platform.Europe is another significant market for microservices orchestration, driven by the increasing demand for digital transformation and the growing adoption of cloud-native technologies. The Asia-Pacific region is expected to witness the highest growth rate during the forecast period, owing to the rising adoption of microservices in developing economies such as China and India. South America and the Middle East Africa are expected to contribute a smaller share to the market, but they are expected to grow at a steady pace due to increasing investments in digital infrastructure and the adoption of modern technologies.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Microservices Orchestration Market Key Players And Competitive Insights
Major players in Microservices Orchestration Market industry are focusing on developing innovative solutions to meet the evolving demands of customers. Leading Microservices Orchestration Market players are investing heavily in research and development to enhance their product offerings and gain a competitive edge. The Microservices Orchestration Market development is driven by the increasing adoption of microservices architecture by enterprises. Microservices Orchestration Market Competitive Landscape is expected to intensify in the coming years as new players enter the market and existing players expand their geographical presence.Red Hat, Inc. is a leading provider of open source software solutions, including the Red Hat JBoss Enterprise Application Platform (EAP), which provides a comprehensive set of tools for building, deploying, and managing microservices.
Red Hat is also a major contributor to the Kubernetes project, which is a leading open source container orchestration platform. Red Hat's focus on open source software and its strong ecosystem of partners make it a formidable competitor in the Microservices Orchestration Market.IBM is another major player in the Microservices Orchestration Market. IBM offers a range of microservices solutions, including the IBM Cloud Private platform, which provides a managed Kubernetes service. IBM also offers a variety of tools for developing and managing microservices, including the IBM API Management solution. IBM's strong brand recognition and its extensive experience in the enterprise software market make it a credible competitor in the Microservices Orchestration Market.
Key Companies in the Microservices Orchestration Market Include
-
Google
-
HashiCorp
-
Microsoft
-
Oracle
-
AWS
-
VMware
-
Cisco
-
Kubernetes
-
Istio
-
Docker
-
Red Hat
-
IBM
-
Azure
-
Apigee
-
Mulesoft
Microservices Orchestration Market Industry Developments
The microservices orchestration market is projected to grow from USD 2.94 billion in 2023 to USD 18.12 billion by 2032, at a CAGR of 22.39% from 2024 to 2032. The rising adoption of cloud-native applications, the increasing complexity of IT environments, and the need for improved agility and scalability are driving the growth of the market.Recent news developments in the market include:In February 2023, Google Cloud announced the launch of Anthos Service Mesh, a fully managed service mesh that provides consistent connectivity, security, and observability for microservices across multiple clusters and clouds.In March 2023, Red Hat acquired 3scale, a leading provider of API management solutions, to enhance its microservices orchestration offerings.Current affairs in the market include:The increasing adoption of Kubernetes as the de facto standard for container orchestration is driving the demand for microservices orchestration solutions that integrate with Kubernetes.The emergence of serverless computing is creating new opportunities for microservices orchestration, as serverless functions can be easily integrated into microservices architectures.
Microservices Orchestration Market Segmentation Insights
Microservices Orchestration Market Deployment Model Outlook
Microservices Orchestration Market Enterprise Size Outlook
Microservices Orchestration Market Vertical Outlook
-
IT and Telecom
-
Healthcare
-
Financial Services
-
Manufacturing
-
Retail
-
Government
Microservices Orchestration Market Application Type Outlook
-
Cloud Integration
-
API Management
-
Service Discovery
-
Load Balancing
-
Container Management
Microservices Orchestration Market Orchestration Tool Outlook
-
Docker Swarm
-
Kubernetes
-
Mesosphere DC/OS
-
Apache Mesos
Microservices Orchestration Market Regional Outlook
-
North America
-
Europe
-
South America
-
Asia Pacific
-
Middle East and Africa
Report Attribute/Metric |
Details |
Market Size 2022 |
2.4(USD Billion) |
Market Size 2023 |
2.94(USD Billion) |
Market Size 2032 |
18.12(USD Billion) |
Compound Annual Growth Rate (CAGR) |
22.39% (2024 - 2032) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Base Year |
2023 |
Market Forecast Period |
2024 - 2032 |
Historical Data |
2019 - 2023 |
Market Forecast Units |
USD Billion |
Key Companies Profiled |
Google, HashiCorp, Microsoft, Oracle, AWS, VMware, Cisco, Kubernetes, Istio, Docker, Red Hat, IBM, Azure, Apigee, Mulesoft |
Segments Covered |
Deployment Model, Enterprise Size, Vertical, Application Type, Orchestration Tool, Regional |
Key Market Opportunities |
Cloudbased orchestrations Automation of infrastructure Growing adoption in IoT Increasing demand for agile DevOps Hybrid cloud deployments |
Key Market Dynamics |
Cloud adoption rise of microservices architecture automation and orchestration increasing demand for agility and scalability growing adoption of DevOps practices |
Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The microservices orchestration market is expected to reach USD 18.12 billion by 2032, exhibiting a CAGR of 22.39% from 2023 to 2032.
North America is expected to dominate the microservices orchestration market, accounting for a share of 38.2% in 2023.
The rising adoption of cloud computing, the increasing need for agility and scalability in IT infrastructure, and the growing popularity of DevOps practices are major factors driving the growth of the microservices orchestration market.
Microservices orchestration is used in a variety of applications, including service discovery, load balancing, traffic management, and service monitoring.
Some of the key players in the microservices orchestration market include Red Hat, Google, Microsoft, IBM, and VMware.
The microservices orchestration market is expected to be valued at USD 2.94 billion in 2023.
The microservices orchestration market is expected to grow at a CAGR of 22.39% from 2023 to 2032.
Asia Pacific is expected to have the highest growth rate in the microservices orchestration market, with a CAGR of 24.1% from 2023 to 2032.
Some of the challenges faced by the microservices orchestration market include the complexity of managing microservices, the need for skilled professionals, and the lack of standardization.
Some of the future trends in the microservices orchestration market include the adoption of artificial intelligence and machine learning, the rise of serverless computing, and the growing popularity of edge computing.