Application Container Market Share - Regional Analysis and Forecast till 2023
Market Highlights:
The 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.
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Segmentation:
The application container technology improves the enterprises core functioning, such as network, security, connectivity, customer relationships, and end-to-end services level monitoring. This technology also enables the end-users to optimize the use of their application infrastructure resources that saves cost for the organization. The adoption of application container is growing, as several organizations are deploying containers to help build, manage, and easily transfer applications across different operating environments. Application container is an OS-level virtualization strategy used to introduce and run dispersed applications without starting complete virtual machine (VM) for each application. The container can work on cloud, virtual machines with various operating systems, for example, Linux, Windows, and Mac OS. Additionally, application container provides increased flexibility and efficiency and allows customers to migrate to cloud native environments.
By service, the market is segmented into consulting, container monitoring services, container security services, container data management services, support and maintenance services and others. The container security service is considerd to be the fastest growing market segment during the forecast period due to growing security concerns among organizations.
By organization size, the market is segmented into large enterprise and SMEs. The large enterprises segment is expected to dominate the market by organization size during the forecast period. The large enterprises are adopting application containter technology to simplify the management process. The application container accelerates the application delivery time that increases the process rate for system functioning. Furthermore, they are embracing the DevOps culture to become agile and meet the current business demands.
By deployment, the Application Container Market Share is segmented into cloud and on-premise. The on-premise segment dominates the market by deployment and is expected to continue dominating the market in future, as there are various technological changes in on-premises deployment.
By vertical, the market is segmented into BFSI, healthcare & life sciences, telecommunication and IT, media & entertainment, education, and others. The IT & telecommunication segment is considered to have the largest market share in 2017 and is expected to continue dominating the market during forecast period. This growth is due to ongoing application modernization in IT industry primarily to empower digital customer experience and growing need for agile business applications.
The North American region is dominating owing to presence of various key players in the region and growing number of start-ups contributing to the market growth. The second largest application container market is Europe followed by Asia-Pacific. Asia-Pacific is the fastest growing market due to rising adoption of the technology by various organizations and enterprises.
Key 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 Analysis:
The 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. 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.
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The 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.
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Segmentation:
The application container technology improves the enterprises core functioning, such as network, security, connectivity, customer relationships, and end-to-end services level monitoring. This technology also enables the end-users to optimize the use of their application infrastructure resources that saves cost for the organization. The adoption of application container is growing, as several organizations are deploying containers to help build, manage, and easily transfer applications across different operating environments. Application container is an OS-level virtualization strategy used to introduce and run dispersed applications without starting complete virtual machine (VM) for each application. The container can work on cloud, virtual machines with various operating systems, for example, Linux, Windows, and Mac OS. Additionally, application container provides increased flexibility and efficiency and allows customers to migrate to cloud native environments.
By service, the market is segmented into consulting, container monitoring services, container security services, container data management services, support and maintenance services and others. The container security service is considerd to be the fastest growing market segment during the forecast period due to growing security concerns among organizations.
By organization size, the market is segmented into large enterprise and SMEs. The large enterprises segment is expected to dominate the market by organization size during the forecast period. The large enterprises are adopting application containter technology to simplify the management process. The application container accelerates the application delivery time that increases the process rate for system functioning. Furthermore, they are embracing the DevOps culture to become agile and meet the current business demands.
By deployment, the Application Container Market Share is segmented into cloud and on-premise. The on-premise segment dominates the market by deployment and is expected to continue dominating the market in future, as there are various technological changes in on-premises deployment.
By vertical, the market is segmented into BFSI, healthcare & life sciences, telecommunication and IT, media & entertainment, education, and others. The IT & telecommunication segment is considered to have the largest market share in 2017 and is expected to continue dominating the market during forecast period. This growth is due to ongoing application modernization in IT industry primarily to empower digital customer experience and growing need for agile business applications.
The North American region is dominating owing to presence of various key players in the region and growing number of start-ups contributing to the market growth. The second largest application container market is Europe followed by Asia-Pacific. Asia-Pacific is the fastest growing market due to rising adoption of the technology by various organizations and enterprises.
Key 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 Analysis:
The 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. 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.
Browse More Details on Report at: https://www.marketresearchfuture.com/reports/application-container-market-6582
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.
Contact:
+1 646 845 9312
Email: sales@marketresearchfuture.com
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