The global software containers market is anticipated to reach USD 9,643.1 million by 2032, up from USD 3,256.2 million in 2022, advancing at a rapid CAGR of 11.5% during the forecast period.
The rising demand for software containers has been gaining momentum as they provide operating system virtualization, which significantly helps the application to run on cloud and data centres.
Report Attribute | Details |
---|---|
Software Containers Market Value (2022) | USD 3,256.2 Million |
Software Containers Market Anticipated Forecast Value (2032) | USD 9,643.1 Million |
Software Containers Market Projected Growth Rate (2022 to 2032) | 11.5% |
Software containers package the application’s code and configurations into separate building blocks that can be run on the cloud. The market players are concentrating on the same as these codes are lightweight and offer operational efficiency.
The software containers market growth is boosted by a number of advantages, such as the speed of the configuration cycle and providing granular control over resources, which help to improve efficiency and applications can be scaled up and down as per requirement.
Due to their ability to store enormous amounts of data, businesses are adopting cloud-based technologies at an exponentially increasing rate, auguring well for future software container market trends. Furthermore, the market is also positively influenced by the lower cost associated with its maintenance and security features that can be accessed remotely.
The market growth is expected to be fuelled by organisations implementing cutting-edge technologies like IoT and automation during the forecast period. The BFSI sector's growing adoption of application containers is anticipated to spur the demand for software containers to a significant extent.
Moreover, the adoption of the software is also propelled by the massive amounts of data that have also been generated as a result of the user popularity of ideas like connected healthcare, smart cities, connected cars, and connected homes. Hence, IoT devices have been used to record massive amounts of data in business sectors like industrial, manufacturing, and retail.
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The adoption of software containers has been on a rising trajectory. With cloud computing becoming more mainstream, companies are rapidly adopting software containers to improve the overall efficiency of the application.
As all application files and necessary infrastructure are kept in one location and can be deployed consistently across any environment, software containers also offer cost savings by lowering hardware expenses, spiking the demand for the same. The inclination of market players toward software containers can also be owed to the fact that they provide consistency in the environment, swaying the adoption trends of software containers.
The market is also positively influenced by the track of different versions of application code, which can help inspect the difference between several versions. On the flip side, one of the major challenges dwindling the software containers market size is persistent storage which occurs when containers running databases are used in production setups.
Furthermore, the software containers market is likely to dip on account of networking issues related to software containers.
By 2022, North America is anticipated to dominate with a software containers market share of 27.3%.
Due to the aggressive adoption of cloud-native technologies in the area by vendors, as well as their cooperation with other technology providers, the U.S. significantly contributed to the market revenue.
For instance, Google Inc. partnered with hybrid cloud data services provider NetApp to gain high-performance and cloud-native storage capabilities.
In order to provide a brand-new, fully-managed cloud solution, Red Hat, Inc. and Atos Managed OpenShift (AMOS), a provider of digital services, announced their partnership.
Due to the increasing preference of businesses for containers to update their IT infrastructure, the UK application container technology market is anticipated to lead the Europe market share of 19.4% in 2022.
The UK is anticipated to experience the fastest growth over the forecast period as a result of supportive government initiatives to encourage the adoption of cloud-based solutions.
Numerous cloud and data centre service providers are establishing cloud centres in Europe as a result of the strict regulations for the protection of data belonging to businesses operating in the European Union (EU). As a result, local businesses have accelerated their adoption of software containers to deploy their applications in the cloud effectively.
Software development has experienced a contagious level of excitement and innovation ever since Docker launched in 2013. Enterprises, IT professionals, start-ups, developers, members of the open-source community, ISVs, the largest public cloud vendors, and every tool in the software stack have all expressed support.
A sizable investment has also been made in the software containers market by Canonical, a start-up best known for its distribution of Ubuntu Linux. Canonical has focused its most inventive efforts on creating LXD, a container platform that supports different use cases.
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The market is moderately competitive and one of the major software containers market trends prevailing is mergers and acquisition.
Recent trends in the software containers market are:
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 11.5% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2016 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered | Application, Region |
Regions Covered | North America; Latin America; Asia Pacific; The Middle East and Africa; Europe |
Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC, South Africa |
Key Companies Profiled |
Docker Inc.; CoreOS; Codenvy, Inc.; Google Inc.; Microsoft Corporation; Amazon Web Services; IBM Corporation; Red Hat, Inc.; VMware |
Customization | Available Upon Request |
The global software containers market is likely to advance at 11.5% CAGR through 2032.
North America is projected to lead the software containers market with a share of 27.3% in 2022.
Software containers market is anticipated to account for USD 9,643.1 million by 2032.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Software Containers Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Software Containers Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application 5.1. Monitoring and logging 5.2. Security 5.3. Storage and continuous integration/continuous deployment 5.4. Management and Orchestration 5.5. Networking and data management services 5.6. Others 6. Global Software Containers Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 6.1. North America 6.2. Latin America 6.3. Western Europe 6.4. Eastern Europe 6.5. Asia Pacific 6.6. Japan 6.7. Middle East and Africa 7. North America Software Containers Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 8. Latin America Software Containers Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 9. Western Europe Software Containers Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10. Eastern Europe Software Containers Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. Asia Pacific Software Containers Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. Japan Software Containers Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. Middle East and Africa Software Containers Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 14. Key Countries Software Containers Market Analysis 15. Market Structure Analysis 16. Competition Analysis 16.1. Docker Inc. 16.2. CoreOS 16.3. Codenvy Inc. 16.4. Google Inc. 16.5. Microsoft Corporation 16.6. Amazon Web Services 16.7. IBM Corporation 16.8. Red Hat Inc. 16.9. Vmware 17. Assumptions & Acronyms Used 18. Research Methodology
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