The software containers market is projected to grow rapidly at a CAGR of 11.5% over the forecast period, from US$ 3,256.2 million in 2022 to US$ 9,643.1 million in 2032.
Software containers provide operating system virtualization which helps the application to run on cloud and data centers. Software containers package the application’s code and configurations into separate building blocks that can be run on the cloud. These software containers are lightweight and offer operational efficiency.
Software containers offer several advantages such as speeding up 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.
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Software Containers Market: Drivers and Restraints:
With cloud computing becoming more mainstream, companies are rapidly adopting software containers to improve the overall efficiency of the application. Software containers also facilitate cost savings by reducing the expenses on hardware Software containers also offer environment consistency because all application files and necessary infrastructure are stored in one place and can be deployed consistently over any environment. Software containers also keep track of different versions of application code which can help in inspecting the difference between several versions.
One of the major challenges in the software containers market is persistent storage which occurs when containers running databases are used in production setups. Another major challenge to the market is networking issues related to software containers.
Global Software Containers Market Trends:
A major trend prevailing in the market is merger and acquisition. In May 2016, Apprenda Inc., a platform as a service (PaaS) cloud software company acquired Kubernetes support company Kismatic, which offered commercial support to Kubernetes. In January 2017, Cisco acquired ContainerX, a privately held company focused on developing enterprise-class container management technology.
Leading Key Players:
- Docker Inc.
- CoreOS
- Codenvy, Inc.
- Google Inc.
- Microsoft Corporation
- Amazon Web Services
- IBM Corporation
- Red Hat, Inc.
- VMware
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Software Containers Market Segmentation:
By Application:
- Monitoring and logging
- Security
- Storage and continuous integration/continuous deployment
- Management and orchestration
- Networking and data management services
- Others
By Region:
- North America
- Latin America
- Asia Pacific
- Middle East and Africa
- Europe
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