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Cloud Native Applications Market size, Trends, Latest Insights, Analysis and Forecast to 2028
The global Cloud Native Applications Market size is estimated at USD 5.9 billion in 2023 and is projected to reach USD 17.0 billion by 2028, at a CAGR of 23.7% during the forecast period, according to new research report by MarketsandMarkets™
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Cloud Native Applications Market Dynamics
Drivers:
• Cloud native development helps get apps to market swiftly
• Significant reduction in vendor lock-ins
Restraint:
• Cost overrun to be limiting factor
• Replacing new developments with traditional practices
Opportunities:
• Better reliability in terms of IT infrastructure
• Proliferation of Kubernetes and containerization
Top Cloud Native Applications Market Companies –
Amazon (US), Google (US), IBM (US), Infosys (India), LTI Mindtree (India), Microsoft (US), Oracle (US), Red Hat (US), SAP (Germany), VMware (US), Alibaba Cloud (Singapore), Apexon (US), Citrix (US), Cloudhelix (Sussex), and Cognizant (US).
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