New analysis from Omdia's Cloud Software & Services Intelligence Service indicates that the container management and runtime market has grown to $6.3bn. This market now consists of two distinct main segments – a container-as-a-service (CaaS) market largely controlled by major public cloud providers, with smaller providers also offering CaaS, and a commercially supported Kubernetes market where independent software vendors (ISVs) provide infrastructure-agnostic solutions.
Amazon narrowly edged out Microsoft to claim the top position in the CaaS market, which is the largest in revenue terms. Revenue in Omdia's CaaS market model represents direct costs only, while revenue from indirect consumption of compute, memory, storage and network resources required to operate containerized applications contributes significantly to cloud providers. Smaller and local cloud service providers (CSPs) have established their own niche in the CaaS market, offering an alternative to the major public clouds.
In the commercially supported container management market, where Kubernetes has established itself as the standard, Red Hat extended its lead as the top ISV in the container management product segment. When considering the overall container management & runtime market (inclusive of both CaaS and container management products), Red Hat takes the third spot, just behind Amazon and Microsoft.
Read the full press release here.
Omdia