Market Overview:
The global service mesh market is expected to grow from USD 1.02 billion in 2018 to USD 3.73 billion by 2030, at a CAGR of 18.5% during the forecast period. The growth of the global service mesh market can be attributed to the increasing demand for cloud-based applications and services, growing need for DevOps and agile methodology, and rising trend of microservices architecture. However, lack of awareness about service meshes among enterprises is a major restraining factor for the growth of this market. Based on type, the global service mesh market is segmented into Kubernetes-based and Service Mesh without Kubernetes segments. The Kubernetes-based segment is expected to hold a larger share than the Service Mesh without Kubernetes segment during the forecast period.
Product Definition:
A service mesh is a dedicated infrastructure layer for managing and securing microservices-based applications. It provides a uniform way to manage traffic flow between services, enforce security policies, and diagnose issues. A service mesh is typically implemented as a set of lightweight proxies deployed alongside the services they protect.
Kubernetes-based:
Kubernetes is an open-source software system for automating deployment, management and operation of containerized applications. It helps in providing a platform for service mesh implementation by scheduling containers across multiple nodes. The Service Mesh architecture is implemented using Kubernetes wherein the application code running on one machine can interact with services running on another machine through the use of message passing.
Service Mesh Without Kubernetes:
Service mesh without kubernetes is a network architecture that uses service-oriented architecture to connect applications and services with cloud. It helps in connecting legacy systems, new generation applications, and next-generation infrastructure using common data service bus.
It also helps enterprises to move their workloads from public cloud onto private clouds or vice versa as per requirement without any hassle of changing the complete infrastructure.
Application Insights:
The cloud application segment accounted for the largest market share of over 40% in terms of revenue in 2027. The growth can be attributed to the increasing demand for SaaS applications and the growing adoption of public-private partnerships. The on-premise application segment is expected to witness a significant CAGR from 2018 to 2030 owing to factors such as an increase in customer premises equipment, an increase in networked devices, and a rise in consumer spending on high-speed internet access at home.
The global service mesh market has witnessed tremendous growth over the past few years due largely to its ability as a virtual private network (VPN) that masks user¢â‚¬â„¢s IP address and provides secure connectivity across multiple platforms with different operating systems and services.
Regional Analysis:
North America is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing cloud adoption, which has led to a significant increase in service mesh usage across various industries. Moreover, with enterprises increasingly moving toward hybrid cloud strategies and multi-cloud deployments, demand for global service meshes will continue witnessing rapid growth in North America region.
The Asia Pacific regional market is anticipated to witness considerable growth over the forecast period owing to increased focus of governments on developing smart cities initiatives across countries such as China and India. These initiatives are expected to lead towards increased deployment of global services meshes for enabling communication between devices and applications running on them thus ensuring data security among other purposes thereby driving the overall market demand in this region.
Growth Factors:
- Increased demand for microservices and containers: Service mesh is an ideal solution to manage communication between microservices and containers. As the use of microservices and containers increases, the demand for service mesh will also increase.
- Growing popularity of DevOps: Service mesh helps organizations speed up their DevOps process by automating tasks such as load balancing, failover, and routing traffic through multiple services. As more organizations adopt DevOps practices, the demand for service mesh will grow.
- Proliferation of cloud-based applications: With more businesses moving to the cloud, there is a greater need for solutions that can help manage communication between different cloud-based applications. Service mesh is well suited for this task and will see increased adoption in this market segment.
Scope Of The Report
Report Attributes
Report Details
Report Title
Service Mesh Market Research Report
By Type
Kubernetes-based, Service Mesh Without Kubernetes
By Application
Global Service Mesh Market Share by Deployment: 2016 VS 2021 VS 2027, Cloud, On-Premise
By Companies
Buoyant, HashiCorp, F5, Inc., Kong Inc., Solo.io, Tetrate, Amazon Web Services, Traefik Labs, A10 Networks, Red Hat (IBM)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
226
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Service Mesh Market Report Segments:
The global Service Mesh market is segmented on the basis of:
Types
Kubernetes-based, Service Mesh Without Kubernetes
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Global Service Mesh Market Share by Deployment: 2016 VS 2021 VS 2027, Cloud, On-Premise
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Buoyant
- HashiCorp
- F5, Inc.
- Kong Inc.
- Solo.io
- Tetrate
- Amazon Web Services
- Traefik Labs
- A10 Networks
- Red Hat (IBM)
Highlights of The Service Mesh Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Kubernetes-based
- Service Mesh Without Kubernetes
- By Application:
- Global Service Mesh Market Share by Deployment: 2016 VS 2021 VS 2027
- Cloud
- On-Premise
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Service Mesh Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Service Mesh is a technology that helps to orchestrate and manage the interactions between different services in an organization. It can help to improve the reliability, performance, and security of those services.
Some of the major companies in the service mesh market are Buoyant, HashiCorp, F5, Inc., Kong Inc., Solo.io, Tetrate, Amazon Web Services, Traefik Labs, A10 Networks, Red Hat (IBM).
The service mesh market is expected to grow at a compound annual growth rate of 18.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Service Mesh Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Service Mesh Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Service Mesh Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Service Mesh Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Service Mesh Market Size & Forecast, 2020-2028
4.5.1 Service Mesh Market Size and Y-o-Y Growth
4.5.2 Service Mesh Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Kubernetes-based
5.2.2 Service Mesh Without Kubernetes
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Global Service Mesh Market Share by Deployment: 2016 VS 2021 VS 2027
6.2.2 Cloud
6.2.3 On-Premise
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Service Mesh Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Service Mesh Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Kubernetes-based
9.6.2 Service Mesh Without Kubernetes
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Global Service Mesh Market Share by Deployment: 2016 VS 2021 VS 2027
9.10.2 Cloud
9.10.3 On-Premise
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Kubernetes-based
10.6.2 Service Mesh Without Kubernetes
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Global Service Mesh Market Share by Deployment: 2016 VS 2021 VS 2027
10.10.2 Cloud
10.10.3 On-Premise
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Kubernetes-based
11.6.2 Service Mesh Without Kubernetes
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Global Service Mesh Market Share by Deployment: 2016 VS 2021 VS 2027
11.10.2 Cloud
11.10.3 On-Premise
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Kubernetes-based
12.6.2 Service Mesh Without Kubernetes
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Global Service Mesh Market Share by Deployment: 2016 VS 2021 VS 2027
12.10.2 Cloud
12.10.3 On-Premise
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Kubernetes-based
13.6.2 Service Mesh Without Kubernetes
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Global Service Mesh Market Share by Deployment: 2016 VS 2021 VS 2027
13.10.2 Cloud
13.10.3 On-Premise
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Service Mesh Market: Competitive Dashboard
14.2 Global Service Mesh Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Buoyant
14.3.2 HashiCorp
14.3.3 F5, Inc.
14.3.4 Kong Inc.
14.3.5 Solo.io
14.3.6 Tetrate
14.3.7 Amazon Web Services
14.3.8 Traefik Labs
14.3.9 A10 Networks
14.3.10 Red Hat (IBM)
