Cloud-native applications are software specifically created for operation in cloud environments. These applications take advantage of the Cloud’s scalability, adaptability, and decentralized characteristics. The development and implementation of cloud-native applications involves a variety of techniques and technologies that enable companies to take advantage of cloud computing.
The rising use of IoT devices alongside demands for data security and privacy propels the expansion of the cloud-native applications market. Conversely, variability in IoT standards for interoperability restricts market expansion to a certain extent. Moreover, the increase in the use of cloud-based devices is expected to provide appealing opportunities for forecasting the cloud-native applications market.
The Cloud-native Application Market is Valued USD 6.1 billion in 2024 and projected to reach USD 41.7 billion by 2032, growing at a CAGR of 23.8% During the Forecast period of 2024-2032.
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Major Players in Cloud-native Application Markets are:
Capgemini, IBM, Nokia, Onica, Microsoft Azure, Google, Oracle, SAP, Symantec, VMWare, Salesforce, HCL, Amadeus, Pivotal, AWS among others.
Industry News:
November 2023: IBM launched cloud native SIEM built for maximizing security team’s time and talent. It is designed to augment and level up the work of security analyst.
July 2023: Oracle introduced a new cloud native secure cloud computing architecture for the U.S. Department of Defense for easing security compliance. The move also aimed to make the adoption of cloud for mission critical workloads more cost efficient and faster by using a framework of cloud native services.
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Global Cloud-native Application Market Segmentation:
By Type
Public Cloud
Private Cloud
By Application
Manufacturing
Banking, Financial Services, and Insurance (BFSI)
Healthcare
Aerospace & Defense
Telecommunications
Others
By Deployment Mode
On-Premises
Cloud
The following areas and countries are covered in the worldwide Cloud-native Application Market file:
North America (US, Canada, Mexico)
Europe (Germany, France, UK, Russia, Italy)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE), Egypt, Nigeria, and South Korea)
Detailed industry forecast-Brief Introduction to the research report:
Additional information on company participants
Customized reports and analyst assistance are available upon request.
Recent market developments and potential future growth opportunities
Personalized regional/country reports upon request
New data sources are being integrated.
Increased focus on data privacy and security
Increased collaboration and co-creation
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Key Features of the Cloud-native Application Market Report: –
Analyze competitive developments such as expansions, deployments, new product launches, and market acquisitions.
Examine the market opportunities for stakeholders by identifying higher growth sections.
To study and analyze the global Cloud-native Application Market industry status and forecast including key regions.
An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.
It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter’s Five Forces analysis to provide a deeper understanding of the market.
It helps you make strategic business decisions and investment plans.
Finally, Cloud-native Application Market is a valuable source of guidance for individuals and companies.
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