About Application Container Service
The global Application Container Service market is expected to witness high growth due to the adoption of cloud-based technologies by enterprises is increasing significantly as these technologies enable the storage of massive amounts of data. The application container technology helps enterprises to enhance their core competencies, such as security, network connectivity, customer relationships, and end-to-end services level monitoring. It enables end-user organizations to optimize their application infrastructure resource utilization and save operating costs.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 29.4% |
The global Application Container Service market is fragmented due to the presence of various technology providers. the global key players are focusing on technological innovations. Leading key players are focusing on strategic partnerships to improve their products and services. Companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Application Container Service market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IBM (United States), AWS (United States), Microsoft (United States), Google (United States), Oracle (United States), Cisco (United States), VMware (United States), Rancher Labs (United States), SUSE (Germany) and Sysdig (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Joyent (United States), Nimble Storage (United States), BlueData (United States), Apcera (United States), Red Hat (United States), Docker (United States), Portworx (United States), Jelastic (United States), Kontena (Finland), Mesosphere (United States), Puppet (United States), Twistlock (United States), Weaveworks (United Kingdom), CA Technologies (United States) and Apprenda (United States).
Segmentation Overview
AMA Research has segmented the market of Global Application Container Service market by Type (Consulting, Container Monitoring, Container Security, Container Data Management, Container Networking, Container Orchestration and Support and Maintenance) and Region.
On the basis of geography, the market of Application Container Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Deployment Mode, the sub-segment i.e. Cloud will boost the Application Container Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Platform, the sub-segment i.e. Docker Swarm will boost the Application Container Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Vertical, the sub-segment i.e. BFSI will boost the Application Container Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organization Size , the sub-segment i.e. SMEs will boost the Application Container Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Upsurging Demand for Cloud-based Computing System in Organizations and Increasing Volumes of Data Generated by Internet-of-Things (IoT) Devices among End Users
Market Growth Drivers:
Increasing Requirement Of Business Agility and Faster Time-To-Market and Gaining Momentum in Microservices Architecture
Challenges:
Concern Related to Security Risk and Issues Related to Complexity in Cloud Technology
Restraints:
Introduction of Application Container Sprawl
Opportunities:
Growing Financial Investment in the Container Technology and High Adoption and High Investment in SME's
Market Leaders and their expansionary development strategies
In September 2019, Mindtree, global technology services, and digital transformation company have announced a new service, InnoApp for Kubernetes, enabling enterprises to deploy containerized cloud applications on Microsoft Azure, accelerating application setup and innovation. The service utilizes Kubernetes, the open-source architecture for automating deployment and management of containerized applications.
In November 2021, Microsoft tannounced the preview launch of Azure Container Apps, a new fully managed serverless container service that complements the company’s existing container infrastructure services like the Azure Kubernetes Service (AKS). Microsoft notes that Azure Container Apps was specifically built for microservices, with the ability to quickly scale based on HTTP traffic, events or long-running background jobs.
Key Target Audience
Application Container Platform Providers, Information Technology (IT) Service Providers, Container Network Providers, System Integrators, Application Developers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.