Docker, Mesosphere, ClusterHQ, AWS, Joyent, Microsoft, The LINUX Foundation, Cloud Foundry, CoreOS, IBM, HP, VMware, Cisco Profiled In EMEA Application Container Market Report 2018 by Global Market Insights, Inc.

According to Global Market Insights, EMEA Application Container Market was anticipated to be over USD 2,250 million by 2024 and is expected to grow at a rate of over 37% during the forecast period. Container technology is a cost-effective and efficient alternative to the virtual equipment. Rising necessity of virtualizing huge resource logs is fulfilled by this technology. Containers offers OS level virtualization with large number of application workloads with very small hardware investment opposed to Virtual Machine (VM). With the increasing popularity of cloud-based solutions and datacenter service, the demand for container technology and management service will grow significantly.

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EMEA application container market is exhibiting significant growth and is primarily composed of two types of companies namely, the technology providers and the infrastructure providers. The competition between technology providers will become increasingly intense over the forecast period as new entrants in the market are providing favorable alternatives to Docker’s container software which predominantly led the market. Infrastructure providers manly comprise of cloud service providers such as Amazon Web Services, Microsoft and Alibaba who provide cloud hosting services to the enterprises who need to deploy their containerized applications over cloud networks.

In Europe, Docker dominates the market due to the rising implementation to containerize business applications and it is provided by the majority of the cloud service providers. It is estimated that docker will continue its dominance by 2024 with more than 75%. However, Rkt is projected to grow with around 38% CAGR due to its improved capability to offer the container security. The MEA Docker technology market is also estimated to account for a market share of about 70% over the period. The dominance is due to the rising inclination of companies toward cloud computing to gain efficient scalability to adopt changing IT infrastructure requirements.

EMEA application container market in cloud container sector growth can be attributed to increasing inclination of enterprises towards shifting to cloud computing platforms. This trend will be witnessed in both Europe and MEA due to the advantages of this model, including cost-efficiency as well as scalability.

The on-premise model is anticipated to hold a major share in the Europe container technology market over the period due to the reluctance of businesses to switch from on-premise to cloud infrastructure. However, the cloud model will grow faster during the forecast period as many companies are adopting it to gain the benefits of cloud computing such as cost-effectiveness and scalability.

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In Europe, the BFSI sector is projected to account for 25.2% market share due to the growing demand for effectively deploying and executing large volumes of data simultaneously. The telecom and IT sectors are also estimated to grow owing to the high penetration of internet and telecommunication networks, giving rise to the adoption of cloud services.

The UK dominates the Europe market due to favorable government initiatives to implement cloud solutions and the growing use of micro-services by companies operating in this region. It is observed that GCC accounts for a major share in the MEA region due to the enhanced use of software platforms and an increase in investments by government and private firms to increase the operational efficiency in EMEA application container market.

EMEA application container market mainly consists of two types of service providers, the technology and the infrastructure providers. Some of the key vendors include Microsoft, AWS, Docker, IBM, HP, Mesosphere, The LINUX Foundation, and OS-level virtualization. These organizations emphasize on providing improved services to the users. The strategy followed by the leading market vendors such as ClusterHQ, Joyent, Cloud Foundry, Cisco, VMware, and CoreOS is new product development. The infrastructure providers in the market focus on business development to capture the untapped regions.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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