The global application container market size is expected to reach USD 8.2 billion by 2025, according to a new report by Grand View Research, Inc., registering a 26.5% CAGR during the forecast period. Application containerization is used to deploy and run applications without launching separate Virtual Machines (VMs).
VMs
and containers have similar resource allocation and isolation advantages;
however, containers help virtualize the Operating System (OS) in place of
hardware. These solutions are more portable and efficient as compared to VMs
owing to the requirement of fewer operating systems and minimum space.
The
application container market has also been gaining prominence as a result of
increasing adoption of containerization technology, particularly in retail,
healthcare, banking and finance, and telecommunication sectors. The banking,
financial services, and insurance (BFSI) sector is one of the early adopters of
this technology, which offers benefits such as administration ease and
cost-effectiveness.
The
Docker datacenter is implemented in the banking sector as it provides benefits
such as platform portability, higher security and smooth workflow of data, and
efficient usage of infrastructure. The BFSI sector has adopted the Docker
platform due to the challenging environment of digital disruption, wherein the
use of application containers enables improvements in software delivery
capabilities.
Full Research Report On Application Container Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/application-container-market
Further key
findings from the report suggest:
- The
on-premise deployment segment is expected to exhibit a CAGR of around
25.0% over the forecast period
- The large
enterprises segment dominated the market by organization size in 2018, a
trend that is expected to continue through 2025
- By platform,
the Docker segment was estimated at a value of over USD 700.0 million in
2018
- On the basis
of service, the monitoring and security segment is projected to account
for over 30.0% of the overall market revenue by 2025, which can be
credited to the containers’ ability to prevent system breakdown by
proactively identifying errors
- North America
accounted for the largest revenue share in 2018 and is projected to remain
the dominant region over the forecast period, which is primarily
attributed to high degree implementation of cloud technologies by vendors
in the region
- Prominent
players in the application container market include Amazon Web Services,
Inc.; Cisco Systems, Inc.; Google, Inc.; International Business Machines
Corporation (IBM); and Red Hat, Inc.
Request a Sample Copy of the Report @
https://www.grandviewresearch.com/industry-analysis/application-container-market/request/rs1
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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