Container Monitoring Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 28.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Container Monitoring Market Analysis
Container Monitoring Market is expected to register a healthy CAGR of over 28% during the forecast period (2021 - 2026). The faster development and deployment of applications, along with the optimum utilization of resources, has propelled the adoption of container monitoring solutions and services among various enterprises.
- The cloud deployment model offers various benefits to enterprises, such as scalability, reliability, and flexibility, which will help enterprises with budget constraints since the cloud solutions are comparatively cheaper than the on-premises deployment model.
- The growing demand for digital transformation along with the growing adoption of DevOps is driving the need for container monitoring solutions across emerging economies during the forecast period.
- Also, with the organization's need to deliver an enhanced experience to its customers is driving the container monitoring market growth across the developing economies.
Container Monitoring Market Trends
This section covers the major market trends shaping the Container Monitoring Market according to our research experts:
IT & ITes Sector is Gaining Traction Due to Emergence Across Cloud-Based Platform
- As organizations are shifting to the cloud, the ITes processes have become more innovative and agile once they develop & migrate apps to the cloud platform. Digital transformation is fueling continuous integration & delivery of containers, microservices, APIs and serverless are part of the overall process.
- The growing demand for multi-cloud deployments drives the application of container monitoring along with its increasing demands significantly across the IT department where the integration of artificial intelligence and machine learning helps meet these demands.
- Containers offer flexibility, thereby allowing enterprises to rapidly deploy and transport applications on virtually any system, where they gain high efficiencies by deploying containers on existing hardware and exploiting the technology’s ease of automation and minimal maintenance.
- Monitoring solutions across the cloud-based platform cope with autoscaling the applications running across the cloud or containers. Since the number of the instances of the applications may constantly change, monitoring tools provide access as they spin up and down.
North America to Register the Grow Significantly During the Forecast Period
- North America comprises some of the leading economies such as the US and Canada that are expected to have a significant market share in the container monitoring market due to the ongoing technological advancements across the region with strong regulations across multiple end-user verticals.
- The affordability and ease of deployment of container services among enterprises across the region are driving the adoption of container monitoring services across the region. Further, the adoption of cloud-based technologies by enterprises across the region is growing significantly, which incur lower maintenance costs and include remote access along with built-in security features.
- The ongoing trends in cloud computing, such as hybrid cloud solutions, and emerging cloud services and solutions such as SaaS, PaaS, and IaaS across the region, are expected to significantly thereby boosting the market growth.
Container Monitoring Industry Overview
The container monitoring market is moderately competitive and consists of a few major players. In terms of market share, some of the players currently dominate the market. However, with the prolificationofcontainer architecture, new players are increasing their market presence thereby expanding their business footprint across the emerging economies.
- October 2019 -Splunk Inc. hadannounced enhancements to Splunk’s modern portfolio for IT Operations and to its portfolio for real-time observability for cloud infrastructures and microservices. Enhancements to IT Operations include new versions of SplunkIT Service Intelligence (ITSI), Splunk App for Infrastructure (SAI), and integrations with Splunk VictorOpsand Splunk Phantom.
- October 2019 -Zenoss Inc. hadlaunchedits multi-cloud serverless monitoring, which unifies the monitoring of serverless functions across the Big Three public cloud providers amongGoogle Cloud, Amazon Web Services (AWS) and Microsoft Azure. This gives customers the best method for easy tracking of the performance and behavior of serverless functions.
Container Monitoring Market Leaders
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Broadcom Inc.
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Splunk Inc.
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Microsoft Corp.
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SolarWinds Worldwide LLC.
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New Relic Inc.
*Disclaimer: Major Players sorted in no particular order
Container Monitoring Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 Growing Adoption of the Cloud Based Technology Services
- 4.2.2 Proliferation of Microservices Architecture Leveraging Lightweight Container Deployment
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4.3 Market Restraints
- 4.3.1 Complexity in the Monitoring Services
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4.4 Industry Attractiveness - Porter's Five Force Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
- 4.5 Technology Snapshot
5. MARKET SEGMENTATION
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5.1 By Offerings
- 5.1.1 Software
- 5.1.2 Services
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5.2 By Deployment
- 5.2.1 Cloud-based
- 5.2.2 On-premise
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5.3 By End-user Industry
- 5.3.1 IT & ITes
- 5.3.2 BFSI
- 5.3.3 Retail
- 5.3.4 Industrial
- 5.3.5 Other End-user Industries
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5.4 Geography
- 5.4.1 North America
- 5.4.2 Europe
- 5.4.3 Asia Pacific
- 5.4.4 Rest of the World
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 Broadcom Inc.
- 6.1.2 Splunk Inc.
- 6.1.3 Microsoft Corp.
- 6.1.4 ScienceLogic Inc.
- 6.1.5 SolarWinds Worldwide LLC.
- 6.1.6 New Relic Inc.
- 6.1.7 Zenoss Inc.
- 6.1.8 Sysdig Inc.
- 6.1.9 Datadog Inc.
- *List Not Exhaustive
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityContainer Monitoring Industry Segmentation
Container monitoring is the activity of monitoring the performance of microservice containers in different environments for optimizing and improving its performance. Container monitoring is an important capability required for applications that are built on modern microservices architectures to ensure optimal performance. It gives IT teams a quick overview to rapidly develop and deploy applications using DevOps principles. Containers are transient and are critical to monitor as compared to traditional applications running on virtual servers or bare metal servers.
By Offerings | Software |
Services | |
By Deployment | Cloud-based |
On-premise | |
By End-user Industry | IT & ITes |
BFSI | |
Retail | |
Industrial | |
Other End-user Industries | |
Geography | North America |
Europe | |
Asia Pacific | |
Rest of the World |
Container Monitoring Market Research FAQs
What is the current Container Monitoring Market size?
The Container Monitoring Market is projected to register a CAGR of greater than 28% during the forecast period (2024-2029)
Who are the key players in Container Monitoring Market?
Broadcom Inc., Splunk Inc., Microsoft Corp., SolarWinds Worldwide LLC. and New Relic Inc. are the major companies operating in the Container Monitoring Market.
Which is the fastest growing region in Container Monitoring Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Container Monitoring Market?
In 2024, the North America accounts for the largest market share in Container Monitoring Market.
What years does this Container Monitoring Market cover?
The report covers the Container Monitoring Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Container Monitoring Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Container Monitoring Industry Report
Statistics for the 2024 Container Monitoring market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Container Monitoring analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.