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How big is the Americas Container Technology Market today and how fast it is growing?

Author : Ronak Bora | Published Date : 2019-03-26 

Americas Container Technology Market growth is driven by rising demand for virtualization in order to host heavily resourced functionalities on the cloud will prompt banking organizations to harness the container technology as much as possible, given that they are one of the many key proprietors of huge data volumes and storage. Recently, Capital One, a reputed American bank, unveiled the beta version of Critical Stack, a Kubernetes-compatible, container orchestration platform, that has been designed to help BFSI enterprises orchestrate app deployment and configuration at scale in the cloud and effectively automate compliance & security controls. Even the Bank of America has been under intense pressure to adopt containers – thus validating the vast expanse of Americas container technology industry from banking. 

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The availability of robust ICT infrastructure in the region along with the strong presence of technology and cloud service providers is expected to drive the Americas container technology market during the forecast time. Moreover, U.S. enterprises operating in diverse sectors such as IT & telecom, and BFSI are readily adopting the technology to modernize their IT infrastructure and benefit from the scalability offered by containers to effectively run microservices.

The U.S. dominated the Americas container technology market with a market share of approximately 90% in 2016 and is expected to maintain its dominance throughout the timeline owing to the large-scale adoption of container technology by U.S. enterprises to cost effectively virtualize high resource workloads with containers. The region has well established players that are heavily investing in R&D activities to further innovate container technology and develop advanced orchestration solutions.

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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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.

The principal reason for this widespread popularity is the convenience that containers offer for various application deliveries. In an era where data is passkey to major operations, convenient, safe, and reliable data storage, access, security, and portability hold the numero uno position as far as end-user demands are concerned, especially across the Americas, that house some of the most advanced nations across the globe. This has consequently necessitated the launch of rather innovative technologies such as containers across this highly tech-obsessed topography, which has substantially propelled Americas container technology market share.

Some of the key participants in the Americas container technology market are Apcera, AWS, Chef, Cisco, CloudFoundry, ClusterHQ, CoreOS, Docker, EMC, Hashicorp, Joyent, Mesosphere, Microsoft, Openstack, Rackspace, RedHat, Sysdig, The Linux Foundation, Twistlock and VMware. The industry is primarily characterized by container technology providers and cloud service providers.

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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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