Cloud Native Storage Market Size

Cloud Native Storage Market Size

Cloud Native Storage Market size was valued at USD 13.7 billion in 2022 and is estimated to register a CAGR of over 23.5% between 2023 and 2032, attributed to increased adoption of containerization and Kubernetes across enterprises. The rise of containerization technologies, with Kubernetes as a leading container orchestration platform, has led to the need for container-centric storage solutions. Cloud-native storage solutions are designed to integrate seamlessly with Kubernetes and other container orchestrators, enabling persistent storage for containers and microservices in a scalable and efficient manner.

To get key market trends

  Download Free Sample

For instance, in October 2023, Chkk, a company that recently emerged from stealth mode, launched its Kubernetes Availability Platform, designed to proactively identify and assess availability risks within Kubernetes environments before they lead to potential outages. The platform features Collective Learning, a capability that gathers and organizes operational insights from various detectors. These insights can be leveraged to pre-validate upgrade plans and prioritize potential risks, helping organizations maintain the stability of their Kubernetes clusters.
 

The increasing adoption of cloud-native applications and microservices architecture is a primary driver for cloud-native storage market. Cloud-native applications are designed to run and scale in cloud environments, and they require storage solutions that are similarly cloud-native, offering features like scalability, agility, and container orchestration integration.
 

On the other hand, organizations often have concerns about the security of their data when moving to cloud-native storage solutions. Data breaches, compliance issues, and unauthorized access can deter some enterprises from adopting cloud native storage, particularly in highly regulated industries, thus impacting the market growth dynamics.