Application Container Market Analysis by Deployment Mode (On-Premise, and Cloud); by Organization Size (Small & Medium, and Large Enterprises); by Service (Container Consulting, Monitoring, Data Management, and Others); and by Vertical (IT & Telecommunication, BFSI, Retail, Education, Government, Banking, and Others)-Global Supply & Demand Analysis & Opportunity Outlook 2022-2031
21 Oct 2022
ICT & Telecom
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022...
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With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Global Application Container Market Size, Forecast, and Trend Highlights Over 2022 - 2031
The global application container market is estimated to garner a notable revenue by the end of 2031 by growing at a CAGR of ~30% over the forecast period, i.e., 2022 – 2031. Further, the market generated a revenue of USD 3.0 Billion in the year 2021. The growth of the market can be attributed to the rising adoption of cloud-based applications. For instance, the percentage of medium-sized enterprises opting for cloud computing increased to 53 per cent in the year 2021 from 46 per cent in the year 2020.
An application container is a type of OS-level virtualization that allows to deploy and run distributed applications without having to launch an entire virtual machine (VM) for different apps. On a single host, multiple isolated applications or services run and share the same OS kernel. Moreover, containers are a preferable option for deploying and monitoring software in the cloud. It is also employed for the management of IOT devices in a way that can be easily scaled down and up. Therefore, growing adoption of IOT technologies is anticipated to surge the growth of the global application container market. The number of IoT connections increased by more than 8% in 2022, rising from 12.2 billion active endpoints in 2021 to more than 14 billion in 2022.
Global Application Container Market: Growth Drivers and Challenges
Increasing Number of New Startups– Application containers are increasingly adopted by new startups in order to develop faster in the competitive environment. Therefore, it is projected to surge the growth of the global application container market. As per the United States Census Bureau, business applications increased by 3.7 per cent for July 2022 as compared to June 2022.
Surging Adoption of Application Containerization– More than 25 per cent of the organizations around the world were using container technology in the year 2020.
Rising Volume of Data– More than 60 zettabytes of data were created, captured and consumed in the year 2020.
Increasing Investment in Research and Development– According to the United Nations Educational, Scientific, and Cultural Organization, spending on research and development across the globe has reached USD 1.7 trillion.
High Cost for the Installation of Application Container System
Threat to Privacy Data
High Complexity in Data Storage through Application Container
The global application container market is segmented and analyzed for demand and supply by deployment mode into on-premise, and cloud. Out of these, the cloud segment is anticipated to hold the largest share over the forecast period owing to the increasing use of private, public, and hybrid cloud technology, and rising organizations’ adoption of cloud data centers for the storage and maintenance of data. For instance, there are more than 7,500 data centers across the globe till January 2021.
Global Application Container Market Regional Synopsis
Regionally, the global application container market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in the North America region is projected to hold the largest market share by the end of 2031 on the back of rising new startups, and rapid adoption of cloud technologies in the region. For instance, more than 60 per cent of the organizations in the United States shifted their workload to cloud in the year 2020.
Our in-depth analysis of the global application container market includes the following segments:
By Deployment Mode
By Organization Size
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Key Companies Dominating the Global Application Container Market
Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global application container market that are included in our report are Microsoft Corporation, IBM Corporation, Cisco Systems, Inc., Red Hat, Inc., Amazon Web Services, Inc., Oracle Corporation, VMware, Inc., Weaveworks Inc., Joyent, Inc., Atos SE, and others.
Global Application Container Market: Latest Developments
August, 2022: Red Hat, Inc announced a new version of Red Hat OpenShift Platform Plus, which includes new features and capabilities that extend beyond the base Kubernetes platform to include storage, management, and more. This expands Red Hat OpenShift Platform Plus's capabilities as a unified Kubernetes platform to cover the full range of enterprise IT scenarios, including traditional datacenters, distributed edge operations, and multiple public cloud environments.
April, 2021 –IBM Corporation announced significant storage portfolio innovations aimed at improving data access and management in increasingly complex hybrid cloud environments for increased data availability and resilience.
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The report covers detailed analysis comprising market share attained by each market segment and its sub-segments.
It covers market dynamics including growth drivers, trends, potential opportunities, price trend analysis and challenges that impact the market growth.
The report includes detailed company profiles of the major players dominating the market.
We use effective research methodologies to calculate the market numbers and provide value-added assessment for overall growth.
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The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
FREQUENTLY ASKED QUESTIONS
Increasing number of new startups, growing adoption of IOT technologies, rising volume of data, and rising adoption of cloud-based applications
The market is anticipated to attain a CAGR of ~30% over the forecast period, i.e., 2022 – 2031.
High cost for the installation of application container, threat to privacy data, and high complexity in data storage through application container
Which region will provide more business opportunities for growth of application container market in future?
The market in the North America region is projected to hold the largest market share by the end of 2031 and provide more business opportunities in the future.
The major players in the market are Microsoft Corporation, IBM Corporation, Cisco Systems, Inc., Red Hat, Inc., Amazon Web Services, Inc., Oracle Corporation, VMware, Inc., Weaveworks Inc., Joyent, Inc., Atos SE, and others.
The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by deployment mode, vertical, service, organization size, and by region.
Which segment captures the largest market size in deployment mode in the application container market?
The cloud segment is anticipated to garner the largest market size by the end of 2031 and display significant growth opportunities.
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- Microsoft Corporation
- IBM Corporation
- Cisco Systems Inc.
- Red Hat Inc.
- Amazon Web Services Inc.
- Oracle Corporation
- VMware Inc.
- Weaveworks Inc.
- Joyent Inc.
- Atos SE