Market Overview
The global Container Application Market is expected to exhibit a strong 31.1% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global application container market is expected to rise to a valuation of USD 4.42 billion by 2023, according to the report. The market was valued at USD 0.89 billion in 2017.
Container Application comprise an OS-level virtualization method used to install and run distributed applications without initiating complete virtual machines for each application. Application counters can run on cloud, bare metal systems, and virtual machines across various operating systems such as Linux, Windows, and Mac OS. Application containers include various runtime components, including files, libraries, and environment variables essential to running the respective software. The data in application containers is stored on hosts in the form of images.
The major driver for the Container Application Market Report is the resource consumption of application containers, which is much less as compared to virtual machines running a comparable deployment. Application containers can share resources without loading complete virtual machines for each app. This leads to considerably lower resource consumption than virtual machines running a comparable task. This leads to faster setup times as well as considerably higher agility in running operations. This has led to many companies adopting application containers in place of virtual machines in recent years. While virtual machines take several minutes to boot up the OS and run applications, application containers can run these operations instantly. This has been a major driver for the application container market over the last few years.
The size of application counters is also a major driver for the application counter market. While virtual machines with an OS can measure up to several gigabytes, application containers can be stored in around 10 megabytes. This is a considerable difference in size and has led to application counters becoming more popular among users as compared to virtual machines.
Competitive Analysis:
Leading players in the global Container Application Market include Cisco Systems Inc., Red Hat Inc., Weaveworks, Mesosphere Inc., Joyent Inc., Apprenda Inc., Oracle Corporation, VMware Inc., Google LLC, Microsoft Corporation, AWS Inc., and IBM Corporation. Major players in the global application container market are likely to focus on mergers and acquisitions in the coming years in order to sustain themselves in the competitive environment.
In January 2018, Red Hat Inc. completed an agreement to acquire CoreOS Inc. With this acquisition, the company improved its capability in helping customers build, run, and manage containerized applications in hybrid and multicloud environments.
Segmentation:
The global application container market is segmented on the basis of service, organization size, deployment model, vertical, and region.
By service, the global Container Application Market is segmented into consulting, container monitoring, container security, container data management, support and maintenance, and others.
By organization size, the global Container Application Market is segmented into large enterprises and small and midsized enterprises (SMEs).
By deployment model, the global Container Application Market is segmented into cloud and on-premise.
By vertical, the market is segmented into BFSI, healthcare and life sciences, telecommunications and IT, media and entertainment, education, and others.
Complete Report Details @ https://www.marketresearchfuture.com/reports/application-container-market-6582
Regional Analysis:
North America is estimated to account for the largest market share in the global application container market over the forecast period. North America is home to several key market players and startups, which utilize application containers in large volume. The widespread demand for advanced technology in North America is also a major driver for the application container market in North America. Networking and software development is a major industry in North America, leading to widespread demand for application containers. Europe is also a major regional market for application containers and is likely to retain an important share in the global market over the forecast period.
Asia Pacific is expected to grow at the highest CAGR over the forecast period.
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April 5, 2019: The global application container market size is expected to reach USD 8.2 billion by 2025, according to a new report by Grand View Research, Inc., registering a 26.5% CAGR during the forecast period.
Application containerization is used to deploy and run applications without launching separate Virtual Machines (VMs).VMs and containers have similar resource allocation and isolation advantages; however, containers help virtualize the Operating System (OS) in place of hardware.
These solutions are more portable and efficient as compared to VMs owing to the requirement of fewer operating systems and minimum space.The application container market has also been gaining prominence as a result of increasing adoption of containerization technology, particularly in retail, healthcare, banking and finance, and telecommunication sectors.
The banking, financial services, and insurance (BFSI) sector is one of the early adopters of this technology, which offers benefits such as administration ease and cost-effectiveness.Download sample Copy of This Report at: https://www.radiantinsights.com/research/application-container-market/request-sample The Docker datacenter is implemented in the banking sector as it provides benefits such as platform portability, higher security and smooth workflow of data, and efficient usage of infrastructure.
The BFSI sector has adopted the Docker platform due to the challenging environment of digital disruption, wherein the use of application containers enables improvements in software delivery capabilities.Further key findings from the report suggest:The on-premise deployment segment is expected to exhibit a CAGR of around 25.0% over the forecast periodThe large enterprises segment dominated the market by organization size in 2018, a trend that is expected to continue through 2025By platform, the Docker segment was estimated at a value of over USD 700.0 million in 2018Click Here For Complete Report @ https://www.radiantinsights.com/research/application-container-market On the basis of service, the monitoring and security segment is projected to account for over 30.0% of the overall market revenue by 2025, which can be credited to the containers' ability to prevent system breakdown by proactively identifying errorsNorth America accounted for the largest revenue share in 2018 and is projected to remain the dominant region over the forecast period, which is primarily attributed to high degree implementation of cloud technologies by vendors in the regionProminent players in the application container market include Amazon Web Services, Inc.; Cisco Systems, Inc.; Google, Inc.; International Business Machines Corporation (IBM); and Red Hat, Inc.About Radiant InsightsRadiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.
We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process.
Global Application Container Market was valued US$ 1.25 Bn in 2018 and is expected to reach US$ 12.85 Bn by 2026 at a CAGR of 33.81 % during the forecast period.The application container market is expanding substantially due to the rising usage of cloud-based computing systems in organizations.
Small and medium organization are pledging to multitenancy architecture to reduce the IT maintenance cost and achieve economies of scale.The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.Multitenancy architecture provides the advanced version of the software, and enterprises need not invest extra capital to upgrade their infrastructure of information technology.
Industries such as utility, social media, manufacturing, automotive, and retail are employing the Internet of Things (IoT) for the rising volume of data transfer.The on-premise segment dominated the overall market in 2016, and is expected to continue this trend in the near future, because of continuous change in on-premises deployment, which has many of the characteristics of the cloud such as high degree of virtualization and relative independence from hardware constraints through abstraction.North America is expected to account for the largest market share during forecast period.
The technological adoption in this region is high.
For instance, in Singapore, the government’s digital services team at GoVTech has been using Nectar for building applications.
The emergence of Application Container is also estimated to drive the growth of the application container market in this region.The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology.
Application Container Market Research Report, By Service (Container Monitoring, Container Security, Container Data Management), Deployment (Cloud, On-Premise), Vertical (BFSI, IT , Healthcare, Life Sciences) — Global Forecast till 2023Market HighlightsThe application container technology has a high demand in large organizations for enhancing the enterprises network connectivity and customer relationships, maintaining network security, and end-to-end service level monitoring.
This enables the end-user organizations to optimize the use of their application infrastructure resource that saves cost of the organization.
The increase in the adoption of IoT devices across enterprises is increasing the market growth as high volume of data is generated from enterprises.
Moreover, application containers are used to support all the features, that are required to run an application on resource constrained IoT devices, allowing quick application deployment and fast application scaling.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/6582Key Players:The prominent players in application container market are IBM Corporation (US), AWS Inc. (US), Microsoft Corporation (US), Google LLC (US), VMware Inc. (US), Oracle Corporation (US), Apprenda Inc. (US), Joyent Inc. (US), Mesosphere, Inc. (US), Weaveworks(UK), Red Hat, Inc., Cisco Systems, Inc. are among others.Regional AnalysisThe global market for application container is estimated to grow at a high rate during the forecast period from 2018 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.
