Application Container Market Share, Growth & Forecast [2031]

Report Description

The global application container market size is anticipated to register a considerable CAGR during the forecast period, 2021-2028. The growth of the market is attributed to the application container platforms support in deploying, upgrading, and creating several solutions on a single operating system (OS) kernel.

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An application container is an OS level virtualization that runs and deploys distributed applications instead of actually running it on a virtual machine. It is more effective and efficient than hardware infrastructure virtualization. Application container delivers the similar Kernel OS to numerous individual applications and assists them to run on a single host. Application containers usually work on bare-metal cloud systems across cloud instances, different OS, and virtual machines. Containerization of applications have many benefits, such as high efficiency thorough optimal resource utilization, portability between various platforms, improved security by fault isolation, and faster delivery of enhancements.

The COVID-19 pandemic outbreak has brought positive impact on the market. During lockdown, to maintain social distancing norms imposed by government bodies along with lockdown, organizations opted for work from home policy. Work from home resulted in high demand of application container solutions across IT companies. Additionally, the application container has become helpful to provide better application development and greater efficiency during remote working, which drives the demand of application container from software organizations.

Market Trends, Drivers, Restraints, and Opportunities

• Rising use of application container technology by enterprises for storing large volume of data is one of the key factor driving the market growth.
• Increasing need for business agility across the globe is projected to drive the market expansion during the forecast period.
• Escalating complexity of cloud technologies acts as a major challenge that can restrict the market growth in the coming years.
• Growing concern about heavy resource consumption as multiple unnecessary application run through the technology this can hamper the market growth during the projected timeline.
• Developing secure application container technology so that, hosts OS can also be protected is projected to create significant growth opportunities for the market.

Scope of the Report

The report on the global application container market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Market Segment Insights

Enhance data security drive the Docker platform segment

Based on platforms, the market is fragmented into Kubernetes, Docker, and others. The Docker segment is expected to grow at a rapid pace during the forecast period attributed to increasing adoption of Docker by organizations for its ability to enhance data security and automate scanning. However, the Kubernetes segment is anticipated to expand at a substantial CAGR in the coming years due to platform’s ability to work alongside multi-container applications.

Cloud segment is projected to expand at considerable CAGR

In terms of deployments, the global application container market is bifurcated into on-premise and cloud. The on-premise segment is expected to account for a major market share during the projected timeline attributed to high adoption of on-premise application containers among the organizations due to the need to control the data and document processes. On the other hand, the cloud segment is projected to expand at a considerable CAGR during the forecast period owing to boost in implementation of hybrid cloud technology among the key players, which used a combination of private and public cloud solutions.

Rapid data management increases the data management & orchestration segment market share

On the basis of services, the market is segregated into networking, monitoring & security, support & maintenance, data management & orchestration, and other consulting services. The data management & orchestration segment is estimated to account for a significant market share during the forecast period due to capability of containers in rapid data management and deployment. However, the monitoring & security segment is anticipated to grow at a high CAGR during the projected period attributed to the efficiency of container in identifying errors, which proactively helps avoid system breakdowns.

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Large enterprises segment is estimated to expand at robust growth rate

In terms of organization sizes, the global application container market is bifurcated into small & medium enterprises and large enterprises. The large enterprises segment is estimated to expand at robust growth rate during the forecast period owing to high purchasing power of large enterprises facilitates the adoption of technologies. Additionally, application container technology provides simple architecture and easy management of large enterprises, is major driver of the segment. On the other hand, the small & medium enterprises segment is projected to expand at a considerable CAGR during the forecast period attributed to the increasing adoption of application container technology for its application in improving the business.

Ease of administration by application container technology drive the BFSI segment

Based on applications, the market is fragmented into retail & e-commerce, healthcare & life science, media & entertainment, telecommunication & IT, BFSI, and others. The BFSI segment is estimated to account for a major market share during the forecast period due to use of application container technology providing benefits, including ease of administration, a secured environment and cost-effectiveness. On the other hand, the retail & e-commerce segment is expected to expand at a robust CAGR in the coming years attributed to rise in use of Docker platform to improve and secure their software supply chain and offer seamless DevOps workflows.

North America is anticipated to constitute a key market share

In terms of region, the global application container market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to constitute a key share of the market during the projected period owing to boost in the  adoption of cloud-native technologies by organizations in the region as well as they are collaborating with technology providers to reduce their workloads. However, the Asia Pacific market is anticipated to grow at a rapid pace during the forecast period due to the increasing adoption of hybrid cloud and Internet of things technology by enterprises in the region.

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