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 classified into North America, Europe, Asia Pacific, 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 Pacific CaaS market is estimated to grow with the largest CAGR during the forecast period. The increasing IT & telecom industry in the Asia Pacific 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 Pacific. The increasing demand for infrastructure services and distributed storage management by various venders have also provided immense opportunity for growth of the CaaS market in this region.
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