Containers are being used for operating systems or as an application packaging mechanism. Application containerization is an operating system level virtualization method, which is used to deploy and run distributed applications without launching an entire virtual machine for each app. Application containers are designed to package multiple isolated applications, which run on a single host and access the same OS kernel.
Rise in popularity of application container technology over virtual machines, upsurge in adoption of cloud-based computing system in organizations, rise in trend of Internet of Things (IoT) among end users drive the growth of the market. However, security risks associated with the application container technology is expected to impede the market growth. Conversely, emergence of database as a service (DBaaS) and increase in investment in application container technology by SMEs are expected to present major opportunities for market expansion in the near future. The global application container market is segmented on the basis of deployment model, organization size, industry vertical, and region. Based on deployment model, the market is divided into on-premise and cloud. By organization size, it is bifurcated into small- & medium-sized enterprises (SMEs) and large enterprises. Depending on industry vertical, it is fragmented into telecom & IT, government, healthcare, BFSI, retail, education and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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The passage highlights the trend of governmental organizations increasing their maintenance budgets for system infrastructure while also investing in initiatives for project development, modernization, and enhancement. This has led to the success of investments and an increase in the annual funding set aside by ICT vendors for the growth of the online market. The passage also mentions the anticipated increase in global ICT exports, which are expected to rise by an average of 3.9% yearly from US$ 784.3 billion in 2021 to US$ 955.19 billion in 2030. The global supply of ICT has increased by 9.5% yearly since 2009.
In terms of global ICT exports in 2021, Ireland ranked first with US$ 169.32 billion, followed by the United States at number 2, India at number 3, and China at number 4. The passage also notes the significant increase in Brunei’s global ICT exports by 228.2% year over year since 2009, while Sierra Leone’s global ICT exports have decreased by 61.7% year over year in the same period. Overall, the passage highlights the growth and potential of the global ICT market, driven by increased investments and funding for infrastructure and project development.
It seems that the ICT industry in Europe is predicted to experience moderate growth in the coming years, with an annual increase of 1.5% expected from 2021 to 2026. Germany currently holds the top position in terms of ICT revenue in Europe, followed by the United Kingdom, France, and Ireland. It’s interesting to note that while some countries like Malta have experienced significant growth in the ICT industry since 2016, others like Italy have seen a slight decline. This information can be useful for businesses and investors looking to enter or expand in the European ICT market.
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KEY BENEFITS
The study provides an in-depth analysis of the global application container market and current & future trends to elucidate the imminent investment pockets.
Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided.
Porter’s Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the global application container market from 2016 to 2023 is provided to determine the market potential.
KEY MARKET PLAYERS
Amazon Web Services, Inc.
CA Technologies
Docker Inc.
Google, Inc.
IBM Corporation
Joyent, Inc.
Mesosphere, Inc.
Microsoft Corporation.
Rancher Labs, Inc.
Red Hat, Inc.
KEY MARKET SEGMENTS
BY DEPLOYMENT MODEL
On-premise
Cloud Based
BY ORGANIZATION SIZE
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Small- & Medium-sized Enterprises (SMEs)
Large Enterprises
BY INDUSTRY VERTICAL
IT & Telecom
Government
Healthcare
BFSI
Retail
Education
Others
BY REGION
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
Singapore
Japan
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
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