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APAC Container Technology Market Growth Prospects, Key Opportunities, Trends and Forecast By 2024

Author : Ronak Bora | Published Date : 2020-09-14 

APAC container technology market has emerged as the most rapidly expanding sub-spheres among the overall smart and sustainable technologies industry verticals, in terms of remuneration. The IT sector in the region has been witnessing an exponential progression which has resulted in the creation of massive volumes of data and the requirement to store it. Furthermore, a number of developing nations in the region, it has been observed, are increasingly endorsing swift adoption of cloud computing technologies by enacting various legislations and undertaking favorable initiatives. As a consequence, this has compelled large enterprises operating in this region to actively embrace container technology, which eventually has impelled the growth prospects of APAC container technology industry share.

China will dominate the APAC container technology market during the forecast period due to the rapid adoption of Docker technology and availability of robust infrastructure to reduce IT cost. India will be the second fastest growing country in the region between 2017 and 2024 due to government initiatives such as ‘Digital India’ and ‘Start -up India’ encouraging adoption of advanced IT infrastructure and services by enterprises. The South-East region is also expected to grow during the timeline owing to presence of numerous traditional datacenters in countries such as Singapore and Malaysia.

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Elaborating further, the enthusiastic participation by the technology sharks to enhance APAC container technology market space can be affirmed by citing the success of Alibaba Cloud. The cloud computing arm of Chinese e-commerce giant Alibaba Group joined the bandwagon of prominent APAC container technology industry players in 2009 and has now established itself as the largest public cloud services provider within China with an estimated market share of 47 percent, as per the figures published by International Data Corporation (IDC).

APAC Container Technology Market is set to exceed USD 1.5 billion by 2024; according to a new research report. The growth of the market is attributed to increasing awareness related to cloud computing technology and application containers to enhance resource utilization and benefit from the scalable cloud architecture. As emphasis on modernizing IT infrastructure is increasing in most of the emerging economies in the region, businesses are realizing the potential of containers to effectively manage resource-intensive workloads. However, regulatory policies related to data residency are expected to restrain the APAC container market growth to some extent during the analysis period.

The APAC container technology market will exhibit growth due to demand from developing countries such as India, China, and South-east Asia. The market consists of two types of players: technology providers and infrastructure providers. There is a stiff competition within the providers as majority of them are trying to offer products and services to the same set of customers, making it difficult for them to choose. Companies such as Docker, CoreOS, The LINUX Foundation, Cloud Foundry, and Mesosphere have captured most of the market due to their product capabilities and collaboration with the infrastructure providers to come up with a better product in the forecasted timeline. Infrastructure providers manly comprise of cloud service providers such as AWS, Microsoft, and IBM are offering cloud services especially for containers.

Docker holds the largest share of the container technology market in the region as it has gained significant acceptance from enterprises for being the most fundamental application virtualization technology. Rkt, being, the primary competitor of Docker, is expected to witness fastest growth during the forecast period with a CAGR of over 40% owing to increasing concerns related to container security.

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Container data management application is expected to hold a dominant share of the APAC container technology market in 2014 as the need to efficiently run and maintain huge data volumes will increase considerably during the forecast period in resonance with consistent growth of the container ecosystem in this region. Container security application will exhibit fastest growth throughout the analysis period owing to increasing concerns related to the security and confidentiality of customers’ data hosted inside containers.

Table of Contents (ToC) of the report:

Chapter 1.   Methodology & Scope

1.1.  Methodology

1.1.1. Initial data exploration

1.1.2. Statistical model and forecast

1.1.3. Industry insights and validation

1.1.4. Scope, definition and research parameters

1.2.  Data Sources

1.2.1. Primary

1.2.2. Secondary

Chapter 2.   Executive Summary

2.1.  APAC container technology market 360º synopsis, 2013 - 2024

2.1.1. Business trends

2.1.2. Regional trends

2.1.3. Technology trends

2.1.4. Application trends

2.1.5. Deployment model trends

2.1.6. End-use trends

Chapter 3.   APAC Container Technology Market Insights

3.1.  Introduction

3.2.  Evolution of Containers

3.2.1. Containers vs Virtual Machines

3.3.  Advantages of Containerization

3.3.1. Platform Independence

3.3.2. Isolation

3.3.3. Resource Efficiency

3.3.4. Operational Simplicity

3.3.5. Enhanced Developer Productivity

3.3.6. Operational Simplicity

3.3.7. Enhanced Developer Productivity

3.3.8. High Availability

3.4.  Industry landscape, 2013 - 2024

3.5.  Industry ecosystem analysis

3.6.  Container architecture analysis

3.7.  Regulatory landscape

3.8.  Technology & innovation landscape

3.8.1.   Container-as-a-Service (CaaS)

3.8.2.   Collaborations and partnerships

3.8.3.   Container Security Tools

3.9.  Industry impact forces

3.9.1. Growth drivers

3.9.1.1.    Environmental Consistency offered by containers

3.9.1.2.    Favorable government initiatives encouraging adoption of cloud computing

3.9.1.3.    Aggressive expansion by cloud service providers in the region

3.9.1.4.    Robust growth of IT and Telecom sector

3.9.2. Industry pitfalls & challenges

3.9.2.1.    Lack of trained professionals

3.9.2.2.    Regulatory policies related to data residency

3.10.      Porter's analysis

3.11.        PESTEL analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/apac-container-technology-market

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia 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. [email protected] | https://twitter.com/RonakBora26

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