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Americas Container Technology Market in Docker technology segment to see 70% up to 2024

Author : Ronak Bora | Published Date : 2019-03-19 

Americas Container Technology Market in Docker technology segment will positively impact by large scale adoption of Docker technology that enables efficient OS-level virtualization of applications along with their run-time environment. Increasing support provided by key cloud service providers, to ensure compatibility across diverse cloud platforms will be instrumental in the Americas container technology demand for the rkt segment.

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Increasing need to improve developer efficiency and to modernize legacy IT infrastructure is motivating the businesses operating in the region to adopt modern computing technologies such as containers. With consistent growth of the SMEs landscape and conducive business environment for entrepreneurs and tech start-ups in India, container technology is expected to experience significant adoption for cost effectively virtualizing and managing applications in order to boost operational efficiency in such emerging enterprises.

As containers encapsulate an application along with its runtime environment including dependencies and libraries, they can be reliably executed in different environments such as local desktops, physical/virtual servers and production/testing/staging or deployment environments. Hence, enterprises are increasingly leveraging the platform independence and enhance developer productivity offered by container technology to host and deploy high resource application processing functions.

Having been typecast as one of jeopardous business spheres for potential investments until a few years back, Americas container technology market has today evolved as a full-fledged niche vertical, the growth of which knows no visible boundaries ahead. How the technology has successfully penetrated the most essentially pivotal end-use domains within an oblivious matter of time has been a subject matter of intense pursuit and debate for tech sharks since a while now. Thriving in an extensively tech-driven era, Americas container technology industry has received substantial mass momentum, notwithstanding the tumultuous competition from similar technologies.

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As per statistics, the BFSI sector would account for the maximum share of Americas container technology market from Latin America. This astounding estimate can be essentially credited to the expansion of the regional cloud computing market and the robust growth in the insurance and financial verticals in the LATAM economies. Furthermore, it would be prudent to state that the meteoric popularity that Kubernetes – an orchestration engine for container technology, has experienced so far in 2017, is an apt indicator of the fact that containers would be the next groundbreaking technologies that the IT space would witness, which would subsequently drive Americas container technology market share.

The Americas container technology market is expected to register promising growth during the forecast period with major players characterizing the growth of the regional and in turn, the global market by advancing the technology in terms of integrating container solutions and orchestration tools with diverse cloud platforms and offering better cloud infrastructure in emerging markets in Latin America. Government in Latin American countries such as Colombia and Argentina are accelerating adoption of cloud technology by creating a favorable atmosphere for global providers to establish cloud centers in their countries and at the same time, encouraging local enterprises of all sizes to use cloud platforms for cost-effectively managing their application workloads. 

China dominated the APAC container technology market in 2016 with a market share of approximately 27% owing to the presence of a huge Docker container user community. Also, due to the extensive presence of Alibaba Cloud, the cloud computing arm of the China based Alibaba Group, businesses operating in China are readily deploying compute workloads over cloud platforms to benefit from the associated scalability of resource utilization.

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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