Christy Publications Container-as-a-Service Market | Page 2

On the basis of deployment, public cloud holds the largest share of the CaaS market. The increasing demand for storage and computing resources has helped fuel the demand for public cloud in the CaaS market. In addition to this, the hybrid cloud also plays a major role in an organization for the management of infrastructure. Moreover, the increasing adoption of advanced container platforms in various organizations have led to the implementation of the hybrid cloud model with full infrastructure. The hybrid cloud usage is rising due to the increasing micro service and management service data environment, as they provide better feeibility, security and scalability. On the basis of application, the global CaaS market is classifed into: •BFSI •Education •Government •Healthcare •IT & Telecom •Media & Entertainment •Others •Retail •Travel & Tourism •Others On the basis of application type, the IT & Telecom application holds the largest share in the global CaaS market. The CaaS is highly used by the IT developers and IT department to develop secure containerized applications. Container as a Service Market Outlook – North America holds the largest global container as a service market. On the basis of geography, global container as a service market is classifed into North America, Europe, Asia Pacifc, Latin America, Middle East, and Africa. North America held a dominant position in the global CaaS market in 2016, and is estimated to retain its dominance throughout the forecast period. Increasing demand for managed data centers, virtual private cloud services, and advanced technology accessibility have led to an increasing demand for CaaS market in this region. Moreover, the presence of IT companies such as Microsoft Corporation, Google, and Amazon Web Service in the North American countries have also provided immense opportunity for growth of the market. In addition to this, the Asia Pacifc CaaS market is estimated to grow with the largest CAGR during the forecast period. The increasing IT & telecom industry in the Asia Pacifc region has led to an increasing demand for the CaaS market here. China and India are the major countries driving growth of the CaaS market in Asia Pacifc. The increasing demand