Cloud-native Software Market Size
Market Outlook:
Cloud-native Software Market size was over USD 671.83 Million in 2023 and is likely to surpass USD 4.17 Billion by end of the year 2032, observing around 22.5% CAGR between 2024 and 2032.
Base Year Value (2023)
USD 671.83 Million
19-23
x.x %
24-32
x.x %
CAGR (2024-2032)
22.5%
19-23
x.x %
24-32
x.x %
Forecast Year Value (2032)
USD 4.17 Billion
19-23
x.x %
24-32
x.x %
Historical Data Period
2019-2023
Largest Region
North America
Forecast Period
2024-2032
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Market Dynamics:
Growth Drivers & Opportunity:1. Increasing demand for scalable and agile software development and deployment solutions.
2. Growing adoption of containerization and microservices architecture for application development.
3. Rising popularity of cloud computing and Infrastructure as a Service (IaaS) among enterprises.
4. Advancements in technology such as artificial intelligence, machine learning, and internet of things driving the need for cloud-native software solutions.
Industry
Report Scope
| Report Coverage | Details |
|---|---|
| Segments Covered | Type, Deployment, End-User |
| Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
| Company Profiled | Alibaba Cloud, Amazon Web Services (AWS), Cognizant, Docker, GitLab, Wipro, Google Cloud Platform (GCP), Huawei Cloud, IBM, Infosys, Jenkins, Microsoft Azure, NEC, NTT Data, Oracle, Pivotal, Red Hat, Samsung SDS, SAP, SUSE |
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1. Concerns regarding data security and privacy in the cloud environment.
2. Challenges related to interoperability and compatibility with existing legacy systems.
3. Complexities associated with managing and monitoring cloud-native applications in dynamic and distributed environments.
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