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3. Cloud Native Applications Industry Trends: Navigating the Future of Digital Innovation

According to MarketsandMarkets, the cloud native applications market is anticipated to increase at a compound annual growth rate (CAGR) of 23.7% between 2023 and 2028, from USD 5.9 billion in 2023 to USD 17.0 billion in 2028. The improved security and app management, and usage of containers which are infrastructure agnostic and rooted in a cloud environment, hence enabling teams to develop apps that are cloud native, are a few driving forces that are encouraging the use of cloud native applications.

The cloud native applications industry is undergoing rapid evolution, driven by emerging trends and global forecasts.

Emerging trends in the global Cloud Native Applications Market are:

• Serverless Computing
• Kubernetes Beyond Orchestration
• Edge Computing Integration
• AI and Machine Learning Integration
• Hybrid and Multi-Cloud Architectures
• DevSecOps Practices
• Event-Driven Architectures

To know about the assumptions considered for the study download the pdf brochure

Serverless Computing:

The adoption of serverless architectures is increasing, enabling developers to focus on writing code without managing the underlying infrastructure, thus improving scalability and reducing operational overhead.

Kubernetes Beyond Orchestration:

Kubernetes is evolving beyond container orchestration to become a platform for building and managing cloud-native applications, with features like service mesh, observability, and configuration management.

Edge Computing Integration:

With the proliferation of IoT devices and the need for low-latency processing, there's a growing trend towards integrating edge computing with cloud-native applications to enable real-time data processing and analysis at the edge.

AI and Machine Learning Integration:

Cloud-native applications are increasingly leveraging AI and machine learning capabilities for enhanced automation, predictive analytics, and intelligent decision-making.

Hybrid and Multi-Cloud Architectures:

Organizations are adopting hybrid and multi-cloud strategies to leverage the strengths of different cloud providers while maintaining flexibility, resilience, and avoiding vendor lock-in.

DevSecOps Practices:

Security is becoming an integral part of the development process with the adoption of DevSecOps practices, ensuring that security is built into every stage of the application lifecycle.

Event-Driven Architectures:

Event-driven architectures are gaining popularity for building responsive and scalable cloud-native applications, enabling real-time processing of events and asynchronous communication between microservices.

Related Reports:

Cloud Native Applications Market by Component (Platforms and Services), Deployment Mode, Organization Size, Vertical (BFSI, Healthcare & Life Sciences, and IT & Telecom) and Region - Global Forecast to 2028