The global application container market was valued at around USD 680 million in 2016 and is expected to surpass USD 2,650 million by 2021, says Technavio.
Technavio has announced its latest market research report on the global application container market, under its data center portfolio. This market analysis discusses the major drivers and key emerging trends and offers an analysis of key vendors like AWS, Docker, Google, and Microsoft.
According to Abhishek Sharma, a lead analyst for data center research at Technavio, “An enormous amount of data is being generated via sources such as the Internet, mobile devices, and the social media. Organizations are facing challenges to efficiently analyze and manage large databases due to the increasing volume, variety, and velocity of data.”
Managing a high volume of data in organizations requires advanced IT solutions such as large storage space, data mining tools, and analytics. SMBs are embracing cloud computing solutions to organize unstructured and semi-structured data via cloud-based big data and analytics tools. DevOps is being adopted more rapidly in the enterprise segment than in the SMB segment.
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Rapid adoption of hybrid cloud technology
Hybrid cloud computing is a cloud computing deployment model that makes use of a blend of private and public cloud solutions. The adoption of hybrid cloud computing provides flexibility in the cloud environment. Hybrid cloud computing solutions are changing the IT ecosystems of the small businesses by providing additional solutions for backup and recovery solutions. Vendors in the market space are targeting smaller and mid-size enterprises to market their hybrid cloud offerings extensively, as enterprises are required to make additional investments in backup data solutions.
Automation of big data analytics operations on cloud platform
Data virtualization helps big data analytics to access, administer, and optimize a heterogeneous infrastructure as a single unified resource. The increased complexity of the cloud environment is expected to drive the adoption of data virtualization in big data analytics soon. Innovations in automating big data analytics on the cloud, related to automating Hadoop, are expected to boost the growth of the global cloud-enabling technologies market during the forecast period.
This research report includes an in-depth analysis and market shares and sizes of the sub-segments and geography. An analysis of the key companies, including their market shares, business overview, key financials, etc. is provided in this study. This market study also provides a detailed analysis of key drivers, challenges, and opportunities influencing this market.
A more detailed analysis is available in the Technavio report titled, ‘Global Application Container Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Cloud-enabling Technologies Market 2017-2021
- Global Data Center Construction Market 2017-2021
- Data Center Market in ANZ 2017-2021
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