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Industry Landscape
The cloud-native computing industry is experiencing robust growth, driven by the increasing adoption of microservices, containerization, and Kubernetes for application development and deployment. There's a strong emphasis on automation, observability, and security, with AI-powered tools emerging to simplify complex operations and enhance productivity. The market is dynamic, with continuous innovation in platform tools and management solutions.
Total Assets Under Management (AUM)
Cloud Infrastructure Spending in United States
~As of Q1 2024, US cloud infrastructure spending was estimated to be around $33.5 billion.
(20% CAGR)
- Increased demand for scalable and flexible IT resources.
- Rapid adoption of AI and machine learning workloads.
- Growing investment in hybrid and multi-cloud strategies.
Total Addressable Market
210 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Generative AI for Code and Operations
Generative AI is revolutionizing cloud-native development by automating code generation, intelligent debugging, and proactive operational insights, significantly boosting developer productivity and system reliability.
WebAssembly (Wasm) in Cloud-Native
WebAssembly is extending its reach beyond the browser to provide a highly performant, secure, and portable runtime for cloud-native applications, enabling lightweight and efficient microservices and functions.
Platform Engineering
Platform Engineering is emerging as a critical discipline to streamline developer experience by providing self-service tools and automated infrastructure, thereby accelerating application delivery and reducing operational overhead.
Impactful Policy Frameworks
NIST Cybersecurity Framework 2.0 (2024)
The NIST Cybersecurity Framework 2.0 provides updated guidance for organizations to manage and reduce cybersecurity risks, emphasizing governance, supply chain risk management, and continuous improvement.
This framework will drive increased demand for security features, vulnerability reporting, and compliance assistance within cloud-native tools like Lens, pushing companies to integrate advanced DevSecOps practices.
Cyber Incident Reporting for Critical Infrastructure Act (CIRCIA) of 2022
CIRCIA mandates critical infrastructure entities to report significant cyber incidents and ransomware payments to CISA within specified timeframes, enhancing national cybersecurity awareness.
Cloud-native providers and users, especially those in critical sectors, will face increased pressure to ensure robust incident detection, logging, and reporting capabilities, potentially impacting tool selection and operational procedures.
Executive Order on Improving the Nation's Cybersecurity (EO 14028) of 2021
This Executive Order focuses on modernizing cybersecurity defenses, enhancing information sharing, and improving supply chain security, particularly for federal government systems.
While primarily targeting federal agencies, its influence trickles down to industry best practices, accelerating the adoption of secure software development frameworks (like SBOMs) and cloud-native security standards, which will impact how software like Lens is developed and used.
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