The North America Cloud Native Applications Market would witness market growth of 21.5% CAGR during the forecast period (2022-2028).
One of the main factors propelling market revenue growth is the rising demand for applications that enable simple scale-out and hardware decoupling. Also, the market's revenue is growing due to the rising need for architectural approaches like microservices and others. Microservices is an architecture approach to developing applications comprising several small services that each implement business functionality.
Each service operates independently and communicates with other services through messaging, HTTP, APIs, or other messaging protocols. Each microservice can be independently deployed, scaled, upgraded, and restarted from other services within the same application, usually as part of an automated system. This enables frequent upgrades to live applications with the least disruption to users.
Rising end-use industry awareness of the various advantages of cloud native applications is another important factor fueling market revenue growth. Together with other benefits, it enables teams to concentrate on resilience, achieves better flexibility, and ties operations to corporate objectives. Also, the divergence between cloud native applications and traditional corporate applications is widening, and expenditures in cloud native development initiatives are fueling this trend.
North American businesses have taken numerous steps toward cloud adoption to maintain operational functionality and business continuity. They are embracing cloud data protection methods such as data encryption, data threat protection, data integrity monitoring, and CSPM. There are numerous examples of successful private, public, and hybrid cloud installations in the United States, and cloud computing has become a viable IT architecture for numerous federal government enterprises. As a result, government institutions are reconsidering their economic strategies to provide better services to the public. This agreement promotes service administration, innovation, and cutting-edge technologies. These elements are estimated to support the regional market expansion.
The US market dominated the North America Cloud Native Applications Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,184.2 million by 2028. The Canada market is poised to grow at a CAGR of 23.8% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 23.5% during (2022 - 2028).
Based on Component, the market is segmented into Platform and Services. Based on Deployment Mode, the market is segmented into Public Cloud and Private Cloud. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Vertical, the market is segmented into BFSI, IT & Telecom, Government & Public Sector, Manufacturing, Healthcare & Lifesciences, Retail & eCommerce and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Cloud Native Applications Market is Projected to reach USD 16.2 Billion by 2028, at a CAGR of 22.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon.com, Inc., Google LLC (Alphabet, Inc.), IBM Corporation, Infosys Limited, VMware, Inc., Microsoft Corporation, Oracle Corporation, SAP SE, Citrix Systems, Inc. (Cloud Software Group, Inc.), and Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
Scope of the Study
Market Segments Covered in the Report:
By Component
By Deployment Mode
- Public Cloud
- Private Cloud
By Organization Size
By Vertical
- BFSI
- IT & Telecom
- Government & Public Sector
- Manufacturing
- Healthcare & Lifesciences
- Retail & eCommerce
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Amazon.com, Inc.
- Google LLC (Alphabet, Inc.)
- IBM Corporation
- Infosys Limited
- VMware, Inc.
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- Citrix Systems, Inc. (Cloud Software Group, Inc.)
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Cloud Native Applications Market, by Component
1.4.2 North America Cloud Native Applications Market, by Deployment Mode
1.4.3 North America Cloud Native Applications Market, by Organization Size
1.4.4 North America Cloud Native Applications Market, by Vertical
1.4.5 North America Cloud Native Applications Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2019, Aug – 2023, Feb) Leading Players
Chapter 4. North America Cloud Native Applications Market by Component
4.1 North America Platform Market by Country
4.2 North America Services Market by Country
Chapter 5. North America Cloud Native Applications Market by Deployment Mode
5.1 North America Public Cloud Market by Country
5.2 North America Private Cloud Market by Country
Chapter 6. North America Cloud Native Applications Market by Organization Size
6.1 North America Large Enterprises Market by Country
6.2 North America SMEs Market by Country
Chapter 7. North America Cloud Native Applications Market by Vertical
7.1 North America BFSI Market by Country
7.2 North America IT & Telecom Market by Country
7.3 North America Government & Public Sector Market by Country
7.4 North America Manufacturing Market by Country
7.5 North America Healthcare & Lifesciences Market by Country
7.6 North America Retail & eCommerce Market by Country
7.7 North America Others Market by Country
Chapter 8. North America Cloud Native Applications Market by Country
8.1 US Cloud Native Applications Market
8.1.1 US Cloud Native Applications Market by Component
8.1.2 US Cloud Native Applications Market by Deployment Mode
8.1.3 US Cloud Native Applications Market by Organization Size
8.1.4 US Cloud Native Applications Market by Vertical
8.2 Canada Cloud Native Applications Market
8.2.1 Canada Cloud Native Applications Market by Component
8.2.2 Canada Cloud Native Applications Market by Deployment Mode
8.2.3 Canada Cloud Native Applications Market by Organization Size
8.2.4 Canada Cloud Native Applications Market by Vertical
8.3 Mexico Cloud Native Applications Market
8.3.1 Mexico Cloud Native Applications Market by Component
8.3.2 Mexico Cloud Native Applications Market by Deployment Mode
8.3.3 Mexico Cloud Native Applications Market by Organization Size
8.3.4 Mexico Cloud Native Applications Market by Vertical
8.4 Rest of North America Cloud Native Applications Market
8.4.1 Rest of North America Cloud Native Applications Market by Component
8.4.2 Rest of North America Cloud Native Applications Market by Deployment Mode
8.4.3 Rest of North America Cloud Native Applications Market by Organization Size
8.4.4 Rest of North America Cloud Native Applications Market by Vertical
Chapter 9. Company Profiles
9.1 Amazon.com, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental Analysis
9.1.4 Recent strategies and developments:
9.1.4.1 Partnerships, Collaborations, and Agreements:
9.1.5 SWOT Analysis
9.2 Google LLC (Alphabet, Inc.)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.5.3 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 IBM Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional & Segmental Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.5.3 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Infosys Limited
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.6 SWOT Analysis
9.5 VMware, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Acquisition and Mergers:
9.6 Microsoft Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Acquisition and Mergers:
9.6.6 SWOT Analysis
9.7 Oracle Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.6 SWOT Analysis
9.8 SAP SE
9.8.1 Company Overview
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Acquisition and Mergers:
9.8.6 SWOT Analysis
9.9 Citrix Systems, Inc. (Cloud Software Group, Inc.)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Acquisition and Mergers:
9.10. Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Partnerships, Collaborations, and Agreements:
9.10.5.2 Product Launches and Product Expansions:
TABLE 1 North America Cloud Native Applications Market, 2018 - 2021, USD Million
TABLE 2 North America Cloud Native Applications Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Cloud Native Applications Market
TABLE 4 Product Launches And Product Expansions– Cloud Native Applications Market
TABLE 5 Acquisition and Mergers– Cloud Native Applications Market
TABLE 6 North America Cloud Native Applications Market by Component, 2018 - 2021, USD Million
TABLE 7 North America Cloud Native Applications Market by Component, 2022 - 2028, USD Million
TABLE 8 North America Platform Market by Country, 2018 - 2021, USD Million
TABLE 9 North America Platform Market by Country, 2022 - 2028, USD Million
TABLE 10 North America Services Market by Country, 2018 - 2021, USD Million
TABLE 11 North America Services Market by Country, 2022 - 2028, USD Million
TABLE 12 North America Cloud Native Applications Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 13 North America Cloud Native Applications Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 14 North America Public Cloud Market by Country, 2018 - 2021, USD Million
TABLE 15 North America Public Cloud Market by Country, 2022 - 2028, USD Million
TABLE 16 North America Private Cloud Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Private Cloud Market by Country, 2022 - 2028, USD Million
TABLE 18 North America Cloud Native Applications Market by Organization Size, 2018 - 2021, USD Million
TABLE 19 North America Cloud Native Applications Market by Organization Size, 2022 - 2028, USD Million
TABLE 20 North America Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 21 North America Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 22 North America SMEs Market by Country, 2018 - 2021, USD Million
TABLE 23 North America SMEs Market by Country, 2022 - 2028, USD Million
TABLE 24 North America Cloud Native Applications Market by Vertical, 2018 - 2021, USD Million
TABLE 25 North America Cloud Native Applications Market by Vertical, 2022 - 2028, USD Million
TABLE 26 North America BFSI Market by Country, 2018 - 2021, USD Million
TABLE 27 North America BFSI Market by Country, 2022 - 2028, USD Million
TABLE 28 North America IT & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 29 North America IT & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 30 North America Government & Public Sector Market by Country, 2018 - 2021, USD Million
TABLE 31 North America Government & Public Sector Market by Country, 2022 - 2028, USD Million
TABLE 32 North America Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 33 North America Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 34 North America Healthcare & Lifesciences Market by Country, 2018 - 2021, USD Million
TABLE 35 North America Healthcare & Lifesciences Market by Country, 2022 - 2028, USD Million
TABLE 36 North America Retail & eCommerce Market by Country, 2018 - 2021, USD Million
TABLE 37 North America Retail & eCommerce Market by Country, 2022 - 2028, USD Million
TABLE 38 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 39 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 40 North America Cloud Native Applications Market by Country, 2018 - 2021, USD Million
TABLE 41 North America Cloud Native Applications Market by Country, 2022 - 2028, USD Million
TABLE 42 US Cloud Native Applications Market, 2018 - 2021, USD Million
TABLE 43 US Cloud Native Applications Market, 2022 - 2028, USD Million
TABLE 44 US Cloud Native Applications Market by Component, 2018 - 2021, USD Million
TABLE 45 US Cloud Native Applications Market by Component, 2022 - 2028, USD Million
TABLE 46 US Cloud Native Applications Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 47 US Cloud Native Applications Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 48 US Cloud Native Applications Market by Organization Size, 2018 - 2021, USD Million
TABLE 49 US Cloud Native Applications Market by Organization Size, 2022 - 2028, USD Million
TABLE 50 US Cloud Native Applications Market by Vertical, 2018 - 2021, USD Million
TABLE 51 US Cloud Native Applications Market by Vertical, 2022 - 2028, USD Million
TABLE 52 Canada Cloud Native Applications Market, 2018 - 2021, USD Million
TABLE 53 Canada Cloud Native Applications Market, 2022 - 2028, USD Million
TABLE 54 Canada Cloud Native Applications Market by Component, 2018 - 2021, USD Million
TABLE 55 Canada Cloud Native Applications Market by Component, 2022 - 2028, USD Million
TABLE 56 Canada Cloud Native Applications Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 57 Canada Cloud Native Applications Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 58 Canada Cloud Native Applications Market by Organization Size, 2018 - 2021, USD Million
TABLE 59 Canada Cloud Native Applications Market by Organization Size, 2022 - 2028, USD Million
TABLE 60 Canada Cloud Native Applications Market by Vertical, 2018 - 2021, USD Million
TABLE 61 Canada Cloud Native Applications Market by Vertical, 2022 - 2028, USD Million
TABLE 62 Mexico Cloud Native Applications Market, 2018 - 2021, USD Million
TABLE 63 Mexico Cloud Native Applications Market, 2022 - 2028, USD Million
TABLE 64 Mexico Cloud Native Applications Market by Component, 2018 - 2021, USD Million
TABLE 65 Mexico Cloud Native Applications Market by Component, 2022 - 2028, USD Million
TABLE 66 Mexico Cloud Native Applications Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 67 Mexico Cloud Native Applications Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 68 Mexico Cloud Native Applications Market by Organization Size, 2018 - 2021, USD Million
TABLE 69 Mexico Cloud Native Applications Market by Organization Size, 2022 - 2028, USD Million
TABLE 70 Mexico Cloud Native Applications Market by Vertical, 2018 - 2021, USD Million
TABLE 71 Mexico Cloud Native Applications Market by Vertical, 2022 - 2028, USD Million
TABLE 72 Rest of North America Cloud Native Applications Market, 2018 - 2021, USD Million
TABLE 73 Rest of North America Cloud Native Applications Market, 2022 - 2028, USD Million
TABLE 74 Rest of North America Cloud Native Applications Market by Component, 2018 - 2021, USD Million
TABLE 75 Rest of North America Cloud Native Applications Market by Component, 2022 - 2028, USD Million
TABLE 76 Rest of North America Cloud Native Applications Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 77 Rest of North America Cloud Native Applications Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 78 Rest of North America Cloud Native Applications Market by Organization Size, 2018 - 2021, USD Million
TABLE 79 Rest of North America Cloud Native Applications Market by Organization Size, 2022 - 2028, USD Million
TABLE 80 Rest of North America Cloud Native Applications Market by Vertical, 2018 - 2021, USD Million
TABLE 81 Rest of North America Cloud Native Applications Market by Vertical, 2022 - 2028, USD Million
TABLE 82 Key Information – Amazon.com, Inc.
TABLE 83 Key Information – Google LLC
TABLE 84 Key information – IBM Corporation
TABLE 85 Key Information – Infosys Limited
TABLE 86 Key information – VMware, Inc.
TABLE 87 key information – Microsoft Corporation
TABLE 88 Key Information – Oracle Corporation
TABLE 89 Key Information – SAP SE
TABLE 90 Key Information – Citrix Systems, Inc.
TABLE 91 key information – Huawei Technologies Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2019, Aug – 2023, Feb) Leading Players
FIG 6 SWOT analysis: Amazon.com, Inc.
FIG 7 Recent strategies and developments: Google LLC
FIG 8 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 9 Recent strategies and developments: IBM Corporation
FIG 10 Swot analysis: IBM Corporation
FIG 11 SWOT Analysis: Infosys Limited
FIG 12 Recent strategies and developments: VMware, Inc.
FIG 13 Recent strategies and developments: Microsoft Corporation
FIG 14 SWOT Analysis: Microsoft Corporation
FIG 15 SWOT analysis: Oracle Corporation
FIG 16 SWOT Analysis: SAP SE
FIG 17 Recent strategies and developments: Huawei Technologies Co., Ltd.