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Application Container Market Segmentation, Development Trends, Revenue, In-Depth Analysis with Specifications, Outstanding Growth, Current Trends, Future Growth Study, Strategic Assessment

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komal boudhh
Application Container Market Segmentation, Development Trends, Revenue, In-Depth Analysis with Specifications, Outstanding Growth, Current Trends, Future Growth Study, Strategic Assessment

Market Highlights

The global application container market is expected to rise at a CAGR of 31.1% over the forecast period from 2020 to 2023, according to the latest research report from Market Research Future (MRFR). The global application container market is mainly driven by the growing awareness about the benefits of application containers in terms of application runtime and storage space. The global application container market is expected to reach a valuation of USD 4.42 billion by 2023, according to MRFR.

Application containers are a product of the growing demand for server virtualization. They comprise a lightweight virtual environment in which any set of processes, such as CPU or memory, can be isolated and virtualized. Application containers use the kernel of the host system, allowing them to launch instantly, with zero performance overhead. The use of the shared kernel also improves performance attributes and allows smooth utilization of multiple computing resources. This is in contrast to traditional hypervisor/virtual machine systems, in which the guest and host systems can run on different kernels.

While application containers provide a lighter level of security than virtual machines, the demand from the global application container market is growing due to their benefits in terms of runtime and storage size. Traditional virtual machine systems can take up several gigabytes, whereas application containers consume only a few megabytes. This improves the network connectivity massively, allowing the end user to implement better security protocols and customer relationship management software. The infrastructure resource utilization is highly optimized by the use of application containers, while the cost of running the virtual system also goes down dramatically. This is likely to drive the demand from the global application containers market over the forecast period.

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Segmentation:

The global application container market is segmented on the basis of service, organization size, deployment model, end-use vertical, and region.

By services, the global application container market is segmented into consulting, container monitoring, container security, container data management, support and maintenance, and others. Container security is likely to remain important in the global application container market over the forecast period, as application containers naturally provide lower levels of security than traditional virtual machines.

By organization size, the market is segmented into large enterprise, and SMEs.

By deployment model, the market is segmented into cloud and on-premise. Cloud deployment is likely to become increasingly popular in the global application container market over the forecast period.

By vertical, the market is segmented into BFSI, healthcare & life sciences, telecommunication and IT, media & entertainment, education, and others.

Regional Analysis:

The global market for application container is estimated to grow at a high rate during the forecast period from 2020 to 2023. The geographical analysis of application container market is studied for North America, Europe, Asia-Pacific, and the rest of the world.

North America is estimated to account for the largest market share as the adoption of technology in the region is high. Also, it is one of the early adopters of the application container technology. Additionally, the presence of several key players and increasing startups are the factors for the growth of application container market in the region. Additionally, microservices and DevOps has high demand in the region that is also contributing for the market to grow rapidly.

However, Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period. Companies in this region are transforming their core business applications, which makes them responsive to business changes.

Competitive Analysis:

Key players in the global application container market include Cisco Systems Inc., Red Hat Inc., Weaveworks, Mesosphere Inc., Joyent Inc., Apprenda Inc., Oracle Corporation, VMware Inc., Google LLC, Microsoft Corporation, Amazon Web Services, and IBM.

In June 2019, Palo Alto Networks bought Twistlock, a leading provider of container security solutions, for USD 410 million, as well as PureSec, a leading provider of serverless security solutions.

Mergers and acquisitions are likely to be a popular strategy in the global application container market over the forecast period, as several different players specialize in different areas of application container technology and the number of startups in the field is also quite high.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/application-container-market-6582

List of Figures

Figure 1 Global Application Container Market Segmentation

Figure 2 Forecast Methodology

Figure 3 Porter’s Five Forces Analysis Of Global Application Container Market

Figure 4 Value Chain Of Global Application Container Market

Figure 5 Share Of Application Container Market In 2020, By Country (In %)

Figure 6 Global Application Container Market, 2020–2023

Figure 7 Share Of Global Application Container Market By Industry, 2020–2023

Figure 8 Global Application Container Market Size, By Service, 2020

Figure 9 Share Of Global Application Container Market, By Service, 2020–2023

Figure 10 Global Application Container Market Size, By Applications, 2020

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                    

Market Research Future

+1 646 845 9312

Email: [email protected]

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