Trusted Business Insights presents the Latest Study on Application Container Market 2019-2025. The report contains market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary, and SWOT analysis.
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Abstract, Snapshot, Market Analysis & Market Definition: Global Application Container Market
The global application container market size was valued at USD 1.5 billion in 2018 and is expected to register a CAGR of 26.5% from 2019 to 2025. An application container platform aids in upgrading, creating, and deploying multiple solutions on a single OS kernel. The technology enables automation of various processes such as monitoring, scaling, scheduling, and upgrading of lifecycle management solutions.
Adoption of cloud-based technologies by enterprises is increasing significantly as these technologies enable storage of massive amounts of data. Furthermore, they incur lower maintenance costs and include remote access and built-in security features. Ongoing trends in cloud computing, such as hybrid cloud solutions, cloud security, and cloud services and solutions such as SaaS, PaaS, and IaaS, are expected to significantly boost market growth.
Increasing volumes of data generated by Internet-of-Things (IoT) devices are expected to propel market growth. Popularity of concepts such as smart cities, connected home, connected car, and connected healthcare among users has also resulted in generation of massive amounts of data. Business sectors such as industrial, manufacturing, and retail have therefore been using IoT devices to record large volumes of data.
Docker is an open source software development platform that allows collaboration of applications in a container and deployment of multiple applications using a single setup. It is the most popular platform type among users, and hence, the segment is expected to generate the highest revenue throughout the forecast period. The use of Docker helps improve platform portability, enhance traceability of data, completely utilize, and reallocate a container with minimal loss of data in case of an emergency.
However, market players face certain challenges due to the complexity of cloud technologies. The cloud environment is observed to be more intricate than predicted, for meeting the growing needs of end users as control and management of technologies such as big data, IoT, and hybrid cloud on a single platform has become rather difficult. Unavailability of adequate bandwidth and shortcomings associated with network congestion tend to cause latency during the exchange of data between the source and the cloud. This could act as a challenge to market growth.
Market Segmentation, Outlook & Viewpoint: Global Application Container Market
Deployment Market Segmentation & Outlook (Revenue, USD Million, 2014 – 2025)
Organization Size Market Segmentation & Outlook (Revenue, USD Million, 2014 – 2025)
Platform Market Segmentation & Outlook (Revenue, USD Million, 2014 – 2025)
Application Market Segmentation & Outlook (Revenue, USD Million, 2014 – 2025)
Healthcare & Life Science
Telecommunication & IT
Retail & E-commerce
Media & Entertainment
Service Market Segmentation & Outlook (Revenue, USD Million, 2014 – 2025)
Monitoring & Security
Data Management & Orchestration
Support & Maintenance
Other Consulting Services
Key Players, Recent Developments & Regional Insights: Global Application Container Market
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The banking, financial services, and insurance (BFSI) sector accounted for the dominant market share in 2018. Use of containerization in BFSI is increasing significantly owing to its benefits such as ease of administration, cost-effectiveness, and secured environment. For instance, Barclays launched an Application Platform-as-a-Service (aPaaS) as a part of its cloud program, wherein Red Hat, Inc.s OpenShift Container Platform was used by the bank to upgrade its IT infrastructure. The platform enabled faster release update schedule and helped developers in gaining resources on demand.
The telecommunication and IT segment is anticipated to register a CAGR exceeding 28.0% over the forecast period. The segment is projected to grow at the highest rate in Asia Pacific, with China, Japan, and India being the most lucrative markets in the region.
Enterprises in the retail and e-commerce industry are globally using the Docker platform to secure and improve their software supply chain and offer seamless DevOps workflows. For instance, ASSA ABLOY, a Swedish lock manufacturer, used Docker EE to provide a consolidated container management platform with a secured solution compatible with different infrastructure and cloud platforms.
The data management and orchestration segment accounted for a significant revenue share in 2018 owing to the ability of containers to deploy and manage data quickly. North America is anticipated to be the largest adopter of these solutions across all verticals. The region is an early adopter of new innovative technologies such as DevOps, hybrid cloud, and containerization owing to presence of key technology providers such as Amazon Web Services, Inc.; Cisco Systems, Inc.; Docker, Inc.; Google, Inc.; and IBM.
The monitoring and security segment is anticipated to account for the largest revenue share by 2025 owing to the ability of containers to effectively identify errors, which proactively helps avoid system breakdowns. For instance, TrueSight, an Algorithmic IT Operations (AIOps) platform by BMC Software, Inc. provides alerts pertaining to microservices and just-in-time visualizations, which helps enterprises rectify any issue in the container environment within minimal time.
North America accounted for a revenue share of over 35.0% in 2018. U.S. significantly contributed to the market revenue owing to aggressive adoption of cloud-native technologies by vendors in the region and their collaboration with other technology providers. For instance,in May 2018, Google, Inc. collaborated with NetApp, a hybrid cloud data services provider, for gaining cloud-native and high-performance storage capabilities. In February 2018, Red Hat, Inc. announced a collaboration with a digital services provider named Atos Managed OpenShift (AMOS) to deliver a new, fully-managed cloud solution.
Asia Pacific is projected to exhibit a CAGR of nearly 30.0% over the forecast period. Growing adoption of DevOps, IoT devices, and hybrid cloud technology by enterprises, particularly in the BFSI and telecommunication sectors, is anticipated to trigger significant market growth in India, Singapore, Australia, China, and Japan.
Additionally, key players are undertaking strategic initiatives such as establishment of R&D centers and partnerships with regional players to increase their market share in the region. For instance, in December 2017, AWS partnered with a telecommunication service provider named Ningxia Western Cloud Data Technology Co. Ltd. (NWCD), headquartered in Zhongwei, China, to increase its market share in the country.
Application Container Market Share Insights
Key players in the market include Red Hat, Inc.;International Business Machines Corporation (IBM); Google, Inc.; Cisco Systems, Inc.; and Amazon Web Services, Inc. In April 2018, Docker, Inc. introduced Docker Enterprise Edition 2.0. to improve container management and security on Kubernetes. Docker, Inc., which is a major provider of these solutions, is continuously increasing its R&D expenditure to develop innovative products.
Major software development companies are forming strategic alliances with application container developers to integrate this technology into their products. For instance, in May 2018, Red Hat, Inc. helped power Tata Communication Ltd.s IZO private cloud, an integrated cloud platform, with its OpenStack, a cloud computing platform and OpenShift, a Kubernetes platform. Adoption of the platform enabled Tata Communication Ltd. to decrease time-to-market for its latest services and improve customer experience.
Similarly, in August 2017, VMware, Inc. and Pivotal Software, Inc., in collaboration with Google Cloud, launched Pivotal Container Service (PKS) with compatibility to Google Container Engine (GKE). The PKS is an open source Kubo technology that enables enterprises to deliver production-ready Kubernetes on the Google Cloud Platform (GCP) and VMware vSphere.
Key Insights Covered: Global Application Container Market
1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Application Container industry.
2. Global major manufacturers’ operating situation (sales, revenue, growth rate and gross margin) of Application Container industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Application Container industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Application Container industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Application Container industry.
Research Methodology: Global Application Container Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other
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