Press release
Application Container Market to 2025 (31.8% of CAGR Expected) Leading Players Profiled AWS Inc., CA Technologies,Docker Inc.,Google Inc., IBM Corporation, Joyent Inc., Mesosphere Inc., Microsoft, Rancher Labs Inc., Red Hat Inc.
Rise in popularity of application container technology over virtual machines, surge in adoption of cloud based computing system in organizations, and rise in trend of Internet of Things (IoT) among end users majorly contribute towards the growth of the market. However, security risks associated with the application container technology hamper the growth of the application container market.
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Based on deployment model, on-premise segment dominated the global market in 2016, and is expected to continue this trend during the forecast period, owing to high adoption of on-premise application containers among the heavily regulated industries due to the need of to control data and document processes. Furthermore, the cloud segment is expected to grow at the highest CAGR during the forecast period, owing to rise in adoption of hybrid cloud computing model among the end users, which used a blend of public and private cloud solutions.
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The global application container market was led by the telecom & IT segment in 2016, and is projected to maintain its dominance during the forecast period. However, the other segment is expected to witness the highest growth, owing to increase in awareness about application container technology is decreasing the adoption of other cloud tools such as OpenStack, PaaS, and other offerings.
Dominating key market players profiled in the report include Amazon Web Services Inc., CA Technologies, Docker Inc., Google Inc., IBM Corporation, Joyent Inc., Mesosphere Inc., Microsoft Corporation, Rancher Labs Inc., and Red Hat Inc.
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