CLOUD NATIVE SOFTWARE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Cloud Native Software Market, By Component (Platform, Services, Container Management, Orchestration, Others), By Deployment Mode (Public Cloud, Private Cloud, Hybrid Cloud), By Organization Size (Large Enterprises, Small and Medium-sized Enterprises, Startups), By Vertical (BFSI, Healthcare, Retail & eCommerce, IT & Telecom, Government, Manufacturing, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Recent Developments

New product launches

In March 2022, IBM (IBM is known for its hardware and software products, including computers, servers, storage systems and networking equipment) launched Cloud Native Environment on IBM zSystems Mainframe to enable cloud-native application development. It provides access to common cloud-native open-source tools for building and deploying applications.
In April 2022, SAP (It develops enterprise software to manage business operations and customer relations. The company is the world's leading enterprise resource planning software vendor) launched RISE with SAP for SAP S/4HANA Cloud to provide an innovative cloud ERP solution. It simplifies business processes and helps transition to intelligent enterprises.
In June 2021, Salesforce (It provides customer relationship management software and applications focused on sales, customer service, marketing automation, e-commerce, analytics, and application development) launched Hyperforce, a new architecture enabling customers to host applications on major public clouds. It delivers a scalable, secure, and flexible platform for building cloud-native apps.

Acquisition and partnerships

In May 2022, Salesforce partnered with AWS (a subsidiary of Amazon that provides on-demand cloud computing platforms and APIs to individuals, companies, and governments, on a metered, pay-as-you-go basis) to launch new integrated offerings for building cloud-native applications. This partnership combines Salesforce's CRM capabilities with AWS's cloud infrastructure.
In June 2022, SAP partnered with Coursera (Coursera works with universities and other organizations to offer online courses, certifications, and degrees in a variety of subjects) to provide online training courses on building enterprise applications with SAP's Business Technology Platform. It aims to skill professionals in cloud-native techniques.
In October 2021, IBM acquired BoxBoat, a DevOps consultancy and enterprise Kubernetes certified service provider. This acquisition strengthened IBM’s hybrid cloud and AI capabilities for cloud-native application development.