APAC Container Technology Market By 2024 Region-Forecasts and Top Key Players: Docker, Amazon, The LINUX foundation, Microsoft, Rackspace, RedHat VMware, Cisco, HP, IBM

According to a new research report by Global Market Insights, Inc, APAC Container Technology Market is estimated to surpass USD 1.7 billion by 2024. Containers offer a cost as well as resource effective alternative to virtualize application workloads compared to virtual machines by enabling OS-level virtualization. A container typically contains an executable package of a software application’s code, its dependencies and required configurations delivering a consistent environment which enables efficient version control. Compared to traditional virtualization, containerization facilitates efficient utilization of memory, processing capabilities and storage.

The APAC container technology market will exhibit growth due to demand from developing countries such as India, China, and South-east Asia. The market consists of two types of players: technology providers and infrastructure providers. There is a stiff competition within the providers as majority of them are trying to offer products and services to the same set of customers, making it difficult for them to choose.

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In the APAC container technology market top companies such as Docker, CoreOS, The LINUX Foundation, Cloud Foundry, and Mesosphere have captured most of the market due to their product capabilities and collaboration with the infrastructure providers to come up with a better product in the forecasted timeline. Infrastructure providers manly comprise of cloud service providers such as AWS, Microsoft, and IBM are offering cloud services especially for containers.

Increasing need to improve developer efficiency and to modernize legacy IT infrastructure is motivating the businesses operating in the region to adopt modern computing technologies such as containers. With consistent growth of the SMEs landscape and conducive business environment for entrepreneurs and tech start-ups in India, container technology is expected to experience significant adoption for cost effectively virtualizing and managing applications in order to boost operational efficiency in such emerging enterprises.

Container data management application is expected to hold a dominant share of the APAC container technology market in 2014 as the need to efficiently run and maintain huge data volumes will increase considerably during the forecast period in resonance with consistent growth of the container ecosystem in this region. Container security application will exhibit fastest growth throughout the analysis period owing to increasing concerns related to the security and confidentiality of customers’ data hosted inside containers.

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China dominated the APAC container technology market in 2016 with a market share of approximately 27% owing to the presence of a huge Docker container user community. Also, due to the extensive presence of Alibaba Cloud, the cloud computing arm of the China based Alibaba Group, businesses operating in China are readily deploying compute workloads over cloud platforms to benefit from the associated scalability of resource utilization.

On-premise deployment model will lead the container technology market in Asia Pacific by 2024 with enterprises utilizing their on-premise infrastructure to store and process critical data in compliance with regulatory requirements. On the other hand, cloud deployment model is projected to register fastest growth over the period with increasing preference towards cloud platforms (PaaS) for hosting applications related to public services as well as private businesses operating in this region.

BFSI is expected to dominate the market by 2024 as countries in the region are emphasizing on creating a favorable ecosystem for cloud-based application processing prompting companies to adopt cloud-based business models.

Some of the key participants in the APAC container technology market are Apcera, Chef, Cisco, AWS, CloudFoundry, CoreOS, Docker, ClusterHQ, EMC, Joyent, Mesosphere, Hashicorp, Microsoft, Rackspace, Openstack, RedHat, The Linux Foundation, Twistlock, Sysdig and VMware. The industry is primarily characterized by container technology providers and cloud service providers.Browse key industry insights spread across 250 pages with 568 market data tables & 14 figures & charts from the report, APAC Container Technology Market in detail along with the table of contents:

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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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