The on premise sector is expected to account for the majority of the market. In contrast, the cloud segment is expected to grow at a CAGR. Organizations keep their data in a captive data center in the cloud and have complete control over procedures including scheduling, processing, maintenance, and administration. Higher capital expenses and costs associated with constructing and maintaining on premise infrastructure are a significant driver of cloud implementation. The cloud deployment category is expected to grow at the fastest rate. The category is likely to be driven by factors such as increased use of private and public hybrid cloud technology. Orchestration engines, such as Kubernetes, assist organizations in scaling and running these solutions in the cloud.
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Data Bridge Market Research analyses that the Global Application Container Market is expected to reach USD 43,884,106.33 thousand by 2030 from USD 4,563,939 thousand in 2022, growing with the substantial CAGR of 32.70% in the forecast period of 2023 to 2030. Cloud-based solutions are increasingly being adopted by businesses because they allow for the storing of huge volumes of data. They also have cheaper maintenance expenses and come with remote access and built-in security measures. Ongoing trends in cloud computing, such as hybrid cloud solutions, cloud security, and cloud services and solutions such as SaaS, PaaS, and IaaS, are likely to drive market expansion significantly.
Growing demand for cloud-based applications is expected to drive the market's growth rate
Cloud-based applications are becoming increasingly popular, as they offer a number of benefits, such as scalability, flexibility, and cost-effectiveness. Application containers are a key technology for developing and deploying cloud-based applications. Application containers are portable and can be easily moved from one environment to another. This makes them ideal for businesses that need to be able to quickly adapt to changes in their environment. Micro services architecture is a popular approach to developing applications. It involves breaking down an application into a number of smaller, independent services. Application containers are a good fit for micro services architecture, as they can be used to deploy each service independently.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015- 2020)
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Quantitative Units
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Revenue in USD Thousand, Volumes in Units, Pricing in USD
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Segments Covered
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Offering (Container Data Management & Orchestration, Container Monitoring & Security, Container Networking, Consultation, and Others), Deployment Mode (Public Cloud, Private Cloud/On Premise, and Hybrid Cloud), Enterprise Size (Small Enterprise, Medium Enterprise, and Large Enterprise), Application (Collaboration, Modernization, Production, and Others), Vertical (IT & Telecommunication, BFSI, Retail & E-commerce, Healthcare & Lifesciences, Education, Media & Entertainment, and Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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IBM (U.S.), Microsoft (U.S.), Amazon Web Services, Inc. (U.S.), Oracle (U.S.), Alibaba Group Holding Limited (China), Google LLC (U.S.), Mirantis, Inc. (U.S.), Portainer (New Zealand), Joyent (U.S.), Broadcom (U.S.), Docker Inc. (U.S.), VMware, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Puppet, Inc. (U.S.), Atos SE (France), Virtuozzo (U.S.), SUSE (Germany), Palo Alto Networks (U.S.), Hewlett Packard Enterprise Development LP (U.S.), and WEAVEWORKS (U.K.)
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Data Points Covered in the Report
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In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis
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Segment Analysis:
The global application container market is segmented into five notable segments based on offering, deployment mode, enterprise size, application, and vertical.
- Based on offering, the market is segmented into container data management, container monitoring & security, container networking, consultation, and others. Container data management segment is expected to dominate the market with 38.78% market share due rise in the big data trend which is associated with the generation of large volumes from enterprises.
- Based on deployment mode, the market is segmented into public cloud, private cloud/on premise, and hybrid cloud. Public cloud is expected to dominate the market with 52.49% market share due to its rising importance for computing technologies through cloud-based deployment.
- Based on enterprise size, the market is segmented into large enterprise, medium enterprise, and small enterprise. Large enterprise segment is expected to dominate the market with 64.27% market share due to demand for the integrated services which helps to support various application features and are cost-effective for large enterprises.
- Based on application, the market is segmented into collaboration, modernization, production, and others. Collaboration segment is expected to dominate the market with 39.91% market share as there is a need for the integration of various applications and to access them with a single user interface.
The collaboration segment will dominate the application segment of the application container market
The collaboration segment will emerge as the dominating segment application segment. This is because of the growing number of ICT industries in the market especially in the developing economies. Further, growth and expansion of research development services on a global scale will further bolster the growth of this segment.
- Based on vertical, the market is segmented into IT & telecommunication, BFSI, retail & e-commerce, healthcare & life sciences, education, media & entertainment, and others. IT & telecommunication segment is expected to dominate the market with 31.21% market share due to rise in digital transformation in the sector.
The IT & telecommunication segment will dominate the vertical segment of the application container market
The IT & telecommunication segment will emerge as the dominating segment under vertical. This is because of the growing number of infrastructural development activities in the market especially in the developing economies. Further, growth and expansion of the ICT industry all around the globe will further bolster the growth of this segment.
Major Players
Data Bridge Market Research recognizes the following companies as the major market players: IBM (U.S.), Microsoft (U.S.), Amazon Web Services, Inc. (U.S.), Oracle (U.S.), Alibaba Group Holding Limited (China), Google LLC (U.S.), Mirantis, Inc. (U.S.), Portainer (New Zealand), Joyent (U.S.), Broadcom (U.S.), Docker Inc. (U.S.), VMware, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Puppet, Inc. (U.S.), Atos SE (France), Virtuozzo (U.S.), SUSE (Germany), Palo Alto Networks (U.S.), Hewlett Packard Enterprise Development LP (U.S.), and WEAVEWORKS (U.K.).
Market Development
- In 2023, Landis+Gyr, a global leader in energy management systems, and MicroEJ, a provider of software containers for IoT and embedded devices, announced a collaboration in January to improve the app development environment for the next generation of smart metres. This collaboration would lay the digital foundation for more efficient and ecologically responsible energy management.
- In 2022, Oracle introduced serverless Kubernetes container management in October. Enterprises struggle to efficiently construct and operate cloud-native apps, but by leveraging Oracle Container Engine for Kubernetes Virtual Nodes architecture, businesses can build applications more simply. Furthermore, Virtual Nodes enable clients to deliver reliable Kubernetes operations at scale without having to maintain any infrastructure.
Regional Analysis
Geographically, the countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
North America is the dominant region in the application container market during the forecast period 2023-2030
North America is the dominating region in the global application container market. The United States is the largest market in North America, followed by Canada. The high demand for cloud-based applications, the growing need for portability and agility, and the rising adoption of micro services architecture are the major factors driving the growth of the application container market in North America.
Asia-Pacific is estimated to be the fastest growing region in the application container market in the forecast period 2023-2030
Asia-Pacific is the fastest-growing market in the global application container market. China, Japan, and India are the major markets in Asia-Pacific. The rising demand for cloud-based applications, the growing need for portability and agility, and the rising adoption of micro services architecture are the major factors driving the growth of the application container market in Asia-Pacific.
For more detailed information about the application container market report, click here – https://www.databridgemarketresearch.com/reports/global-application-container-market
