Container Security Global Market Predicted to Augment and Reach over $4.43 Billion at a CAGR of 22.8% By 2028 | Google LLC, Amazon Web Services, Cisco System Inc., Broadcom Inc., VMware LLC

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The Business Research Company presents an extensive market research report on the Container Security Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:

The container security market size has grown exponentially in recent years. It will grow from $1.56 billion in 2023 to $1.95 billion in 2024 at a compound annual growth rate (CAGR) of 25.3%. The growth in the historic period can be attributed to increasing adoption of containerization and cloud computing solutions, growing demand for microservices, digital transformation among enterprises, rising demand for enhanced infrastructure solutions, competitive landscape and strategic initiatives by key players.

The container security market size is expected to see exponential growth in the next few years. It will grow to $4.43 billion in 2028 at a compound annual growth rate (CAGR) of 22.8%. The growth in the forecast period can be attributed to regulatory shifts and global trends, increasing demand for security solutions, emergence of influential players and expansion of operations across borders, global market penetration and the growing preference for cloud computing, increasing demand for microservices and digital transformation among enterprises. Major trends in the forecast period include technological advancements and changing consumer behaviors, regulatory shifts and global trends, increasing demand for security solutions, growing adoption of cloud computing solutions across various industry verticals, emergence of influential players and expansion of operations across borders.

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Key Market Players:

Major companies operating in the container security market report are Google LLC, Microsoft Corporation, Amazon Web Services, International Business Machines Corporation, Cisco System Inc., Broadcom Inc., VMware LLC, HCL Technologies Limited, Palo Alto Networks, Juniper Networks, McAfee Corporation, Trend Micro, CROWDSTRIKE, Zscaler, Rapid7, Tenable Inc., Checkpoint Software Technologies Ltd., Qualys, Qualys Inc, Docker Inc., Alert Logic, Snyk, Aqua Security, Fidelis Cybersecurity, Capsule8, Sophos, Sysdig Inc, Anchore Inc., StackRox, NeuVector

Market Drivers:

The increasing adoption of cloud computing is expected to propel the growth of the container security market going forward. Cloud computing refers to the delivery of computing services over the internet, providing access to a wide range of resources without the need for users to own or manage the underlying infrastructure. The businesses need to adapt quickly to changing market conditions, requires cloud computing as it provides the flexibility and scalability. Cloud computing is used in container security to automate tasks such as vulnerability scanning, intrusion detection, and threat response, simplifying security management. For instance, in December 2023, according to Eurostat, a Europe-based intergovernmental organization, around 42.5% of EU enterprises used cloud computing in 2023, primarily for hosting the e-mail systems and storing files in electronic form, an increase of 4.2% compared to 2021. Therefore, the increasing adoption of cloud computing is driving the growth of the container security market.

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The container security market covered in this report is segmented -
1) By Component: Solution, Services
2) By Deployment: Cloud, On-Premise
3) By Enterprise Size: Small And Medium-Sized Enterprises, Large Enterprises
4) By End User: Banking, Financial Services And Insurance (BFSI) , Retail And Consumer Goods, Healthcare And Life Science, Manufacturing, IT And Telecommunication, Government And Public Sector, Other End Users

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