(MENAFN- PR Newswire) NEW YORK, Sept. 25, 2023 /PRNewswire/ -- The Application Container Market
report has been added to Technavio's offering.
With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the application container market between 2022 and 2027 is USD 7.56 billion . The growing popularity of cloud-based services drives the application container market growth. Globally, enterprises
are directing their efforts toward reducing capital expenditure (CAPEX) through the adoption of novel technologies. This is because
creating and operating on-premises applications is a convoluted, costly, and sluggish process. With factors
like
the increasing embrace of cloud computing, organizations are actively seeking streamlined approaches for deploying and managing applications within cloud environments. Hence, such factors drive the growth of the application container market during the forecast period.
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![Technavio has announced its latest market research report titled Global Application Container Market 2023-2027]( "Technavio has announced its latest market research report titled Global Application Container Market 2023-2027")
Technavio has announced its latest market research report titled Global Application Container Market 2023-2027
Market Challenge -
Security concerns associated with application containers
challenge the growth of the
application container market. There is an
array of benefits application containers offer
however,
they also introduce fresh security complexities necessitating resolution for broader acceptance. Application containers utilize pre-assembled /images that could harbor vulnerabilities or outdated software elements
and inadequate management of
these/images could render applications susceptible to diverse security perils, encompassing malware injection or data breaches.
Hence, such challenges impede
the growth of the application container market during the forecast period.
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The application container market is segmented by End-user (BFSI, Healthcare and life sciences, Telecom and IT, Retail and e-commerce, and Others), Component (Platform and Service), and Geography (North America, Europe, APAC, Middle East and Africa, and South America).
The
BFSI segment
will
be significant during the forecast period. Numerous advantages are brought forth by application containers
to the BFSI sector. This encompasses
enhanced scalability, agility, and security. For instance,
Kubernetes, an open-source container orchestration platform, finds extensive utilization within the BFSI domain. This is
aiding financial entities in streamlining their development and deployment procedures while effortlessly expanding application scales based on requirements. Hence, such factors drive the growth of the BFSI segment of the
application container market during the forecast period. North America
will contribute
30% to the growth of the global market during
the forecast period.
View Free
Sample Report for insights into the contribution of all the segments and regional opportunities in the report.
Key Companies in the Application Container Market:
Alphabet Inc., AmazonInc., Aqua Security Software Ltd., Broadcom Inc., Cisco Systems Inc., DevFactory FZ LLC, Docker Inc., Hewlett Packard Enterprise Co., International Business Machines Corp., Microsoft Corp., Oracle Corp., Palo Alto Networks Inc., Perforce Software Inc., Pure Storage Inc., Samsung Electronics Co. Ltd., Suse Group, Sysdig Inc., Virtuozzo International GmbH, VMware Inc., Weaveworks Inc.
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USD 2,454.72 million.
This
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One of the key factors driving the
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The Container Security Market is projected to grow by USD 2.47 billion with a CAGR of 22.59% during the forecast period 2021 to 2026.
Furthermore, this report extensively covers the
container security market
segmentation
by deployment (on-premise and cloud) and geography (North America, Europe, APAC, South America, and the Middle East and Africa).
The growth in cross-border trade is a key factor driving the global container security market growth.
| Application Container Market Scope |
| Report Coverage | Details |
| Base year | 2022 |
| Historic period | 2017-2021 |
| Forecast period | 2023-2027 |
| Growth momentum & CAGR | Accelerate at a CAGR of 24.53% |
| Market growth 2023-2027 | USD 7.56 billion |
| Market structure | Fragmented |
| YoY growth 2022-2023 (%) | 20.53 |
| Regional analysis | North America, Europe, APAC, Middle East and Africa, and South America |
| Performing market contribution | North America at 30% |
| Key countries | US, China, Japan, Germany, and UK |
| Competitive landscape | Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
| Key companies profiled | Alphabet Inc., AmazonInc., Aqua Security Software Ltd., Broadcom Inc., Cisco Systems Inc., DevFactory FZ LLC, Docker Inc., Hewlett Packard Enterprise Co., International Business Machines Corp., Microsoft Corp., Oracle Corp., Palo Alto Networks Inc., Perforce Software Inc., Pure Storage Inc., Samsung Electronics Co. Ltd., Suse Group, Sysdig Inc., Virtuozzo International GmbH, VMware Inc., and Weaveworks Inc. |
| Market dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period. |
| Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by End-user
Market Segmentation by Component
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers,
Challenges, &
Trends
Company Landscape
Company Analysis
Appendix
About
Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
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Media & Marketing Executive
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