Market Share of Container as a Service Industry
The container market as a service is comparatively consolidated due to the existence of some leading players holding the majority share of the market. However, CaaS is a developing and demanding technology, and there are enormous business opportunities where a considerable number of new players are entering the market and are teaming up with significant players to capture a significant market share.
In September 2022, Dell declared that it is expanding its partnership with Red Hat to provide new solutions that will assist in managing and deploying on-premises, containerized infrastructure in multi-cloud environments. The combined Dell-Red Hat solutions would assist enterprises in speeding up the overall development and operations (DevOps) of cloud-native applications while removing IT management bottlenecks and barriers.
In May 2022, Microsoft declared a cloud-native product offering with Azure Container Apps, enabling developers to create microservice architectures utilizing containers in preview. Azure Container Apps is primarily built upon a foundation consisting of open-source technology with CNCF projects like Distributed Application Runtime (Dapr), Kubernetes Event-Driven Autoscaling (KEDA), and Envoy running on the Azure Kubernetes Service (AKS). Azure Container Apps can be well utilized in various contexts, from public API endpoints to microservices. The service enables the execution of application code wrapped in any container, regardless of programming or runtime model.
Container as a Service Market Leaders
Amazon Web Services, Inc.
Google LLC (Google Cloud)
Cisco Systems, Inc.
IBM Corporation
Microsoft Corporation (Microsoft Azure)
*Disclaimer: Major Players sorted in no particular order
