The application container market size is estimated to be USD 1.20 Billion in 2018 and expected to reach USD 4.98 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 32.9% during the forecast period. The major factors driving the growth of the application container market include the growing need for business agility and faster time to market, and large-scale modernization of existing business-critical applications.
The key market players profiled in this report include IBM (US), AWS (US), Microsoft (US), Google (US), VMware (US), Apprenda (US), Joyent (US), Rancher Labs (US), SUSE (Germany), Sysdig (US), Jelastic (US), Kontena (Finland), Mesosphere (US), Puppet (US), Twistlock (US), Weaveworks (UK), CA Technologies (US), Oracle (US), Nimble Storage (US), BlueData (US), Apcera (US), Cisco (US), Red Hat (US), Docker (US), and Portworx (US). These players offer the application container platform and associated services to cater to the demands and needs of the market space. Moreover, these players have adopted various growth strategies, such as mergers and acquisitions; partnerships and agreements; business expansions; and new product launches. The major growth strategy followed for business expansions is partnerships and agreements.
Microsoft has adopted a strategic mix of organic and inorganic growth strategies, such as new product launches, and partnerships and agreements, in the application container market. In 2017, Microsoft announced support for Kubernetes in its Azure Container Service (AKS) to host application codes in containers. The company added 2 new pivotal features with this update: the ability to easily scale up and down Kubernetes clusters, and support for high-availability container setups with multiple masters. In line with the inorganic growth strategy, Microsoft and Red Hat expanded their strategic partnership to help enterprises easily adopt the application container technology. As per the partnership, Red Hat container services would support Microsoft services, such as native support for Windows Server containers on Red Hat OpenShift Container Platform, Red Hat OpenShift Dedicated on Microsoft Azure, and Structured Query Language (SQL) Server on Red Hat Enterprise Linux and OpenShift. This partnership strategy exhibits Microsoft’s progression to expand its business operations and enhances solutions for diverse Microsoft’s customer base across the globe.
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Red Hat has adopted a mix of organic and inorganic growth strategies. For instance, in 2018 Red Hat collaborated with Atos, a leading provider of digital transformation technologies. This collaboration is expected to deliver a new, fully managed cloud container solution named Atos Managed OpenShift (AMOS), which is built on the Red Hat OpenShift Container Platform. Furthermore, this collaboration was aimed at accelerating the adoption of DevOps and agile application development, and transforming the operational capabilities to modernize applications on container technologies, deliver new microservices, and speed up development processes. Moreover, In 2017, Red Hat announced the launch of Red Hat OpenShift Online, an open source, container-native, and multi-tenant cloud platform. Red Hat OpenShift Online is based on Linux containers and the Kubernetes foundation. Moreover, it provides developers the ability to quickly and easily build, deploy, and scale cloud-native applications in the public cloud environments.
Application Container Market by Service (Container Monitoring, Security, Data Management, Networking, Orchestration), Platform (Docker, Kubernetes), Application Area, Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2023
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