Globally, the
application container market is expected to grow from USD 0.89 billion in 2017
to USD 4.42 billion by 2023, at a CAGR of 31.1% during the forecast period.
Application
container is an OS-level virtualization method utilized to install and run
distributed applications without initiating complete virtual machine (VM) for
each application. The containers can operate on the cloud, bare-metal systems,
and virtual machines across different operating systems such as Linux, Windows,
and Mac OS.
Application
containers comprise various runtime components such as libraries, files,
environment variables that are essential to run the desired software.
Application containers consume less resources than a comparable deployment on
virtual machines as the containers share resources without loading complete
virtual machines to underpin each app. The arrangement of data to execute in a
container is in the form of an image. The container engine sends these images
on hosts.
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One of the
major factors that is driving the market is increasing popularity of
application container technology over virtual machines as there is a difference
in the size of the container. The application container is of size 10
megabytes, whereas the virtual machine with its OS have a size of several
gigabytes. Additionally, there is difference in runtime of application between
the virtual machines and the application container. The virtual machines take
several minutes to boot the OS and run the applications it hosts whereas the
application container runs instantly.
The application
container technology enables enterprises to improve their core competencies,
such as network connectivity, customer relationships, security, and end-to-end
services level monitoring. The application container allows the end-user
organizations to optimize their application infrastructure resource utilization
and save operating cost. The adoption of application container is growing, as
several organizations are deploying containers to help build, manage, and
easily move applications across environments.
Segmentation
By services, the market is segmented into consulting, container
monitoring, container security, container data management, support and
maintenance and others.
By organization size, the market is segmented into large enterprise, and
SMEs.
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By deployment model, the market is segmented into cloud and on-premise.
By vertical, the market is segmented into BFSI, healthcare &
life sciences, telecommunication and IT, media & entertainment, education,
and others.
By region, the market is segmented into North America, Europe,
Asia-Pacific, and the rest of the world.
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; North America has also been one of the early
users of the container application. Similarly, the presence of several key
players and growing startups are the factors for the high growth of the
application container market in the region. Additionally, microservices, and
DevOps have a high demand in the region which is also contributing towards the
market growth.
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. The adoption of
application container technology is widely experienced among private and public
sectors.
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Competitive Analysis
The application
container market has witnessed major trends for running the application on a
virtual machine without utilizing the entire system. Many global players have
adopted application container to increase enterprise value in the market and
are concentrating on mergers and acquisitions for sustaining in the competitive
environment. On 30th January 2018, Red Hat, Inc., signed a definitive agreement
to acquire CoreOS, Inc. With this acquisition, the company is planning to
double down on technology to help customers build, run, and manage
containerized applications in hybrid and multicloud environments.
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.
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