Market Dynamics:
The key drivers expected to drive the growth of the market include increasing demand from large enterprises and growing adoption of DevOps practices. Large enterprises are adopting cloud native technologies and development practices to build highly scalable and resilient applications faster. In addition, the adoption of DevOps practices has been significantly growing which involves cloud native computing principles such as infrastructure as code, automation, continuous integration and delivery etc. This is positively impacting the demand for cloud native platforms and software. Furthermore, the use of microservices and containerization technologies is also accelerating which enables building cloud native applications suitable for dynamic and hybrid cloud environments.
Key Takeaways
The Global Cloud Native Software Market Size is expected to witness high growth, exhibiting CAGR of 34.8% over the forecast period, due to increasing digitization and cloud adoption across industries. Growing urgency to support remote work and complex scalable architectures also drives demand.
The key drivers expected to drive the growth of the market include increasing demand from large enterprises and growing adoption of DevOps practices. Large enterprises are adopting cloud native technologies and development practices to build highly scalable and resilient applications faster. In addition, the adoption of DevOps practices has been significantly growing which involves cloud native computing principles such as infrastructure as code, automation, continuous integration and delivery etc. This is positively impacting the demand for cloud native platforms and software. Furthermore, the use of microservices and containerization technologies is also accelerating which enables building cloud native applications suitable for dynamic and hybrid cloud environments.
Key Takeaways
The Global Cloud Native Software Market Size is expected to witness high growth, exhibiting CAGR of 34.8% over the forecast period, due to increasing digitization and cloud adoption across industries. Growing urgency to support remote work and complex scalable architectures also drives demand.
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