Wednesday, 23rd October 2019
Logo

Application containers market to reach $4.3 billion by 2022

The latest applications container market research from 451 Research, leading technology analyst and advisory firm, indicates this market will continue to expand and be worth more than $2.1 billion in 2019 and more than $4.3 billion in 2022 – a compound annual growth rate (CAGR) of 30%, according to the latest Market Monitor Cloud-Enabling Technologies – Application Containers study.

When 451 Research first published a forecast on the container market two years ago, there were 125 companies identified in the analysis. Included in the most recent update is an examination of 184 competing vendors, just shy of a 50% increase from the number of players in late 2016. While the revenue contribution from containers for the vast majority of participating vendors is still relatively small, the widespread interest in container technology remains a defining feature of this emergent market.

“The container space remains an attractive market not only from an end-user demand perspective, as evidenced by adoption data from 451 Research’s Voice of the Enterprise service, but from a competitive landscape perspective as well,” said Greg Zwakman, 451 Research Vice President, Market and Competitive Intelligence.

Growth in the containers market and ecosystem is being driven by increasing enterprise interest to help application developers move faster, manage infrastructure more efficiently and meet digital transformation goals. According to 451 Research’s Voice of the Enterprise: Servers and Converged Infrastructure, Workloads and Key Projects 2018, about half of enterprise organizations are either using containers today or planning to use them in the next two years.

“The promise of container technologies to increase developer speed, efficiency and portability across hybrid infrastructures, as well as microservices, are all driving growth,” said Jay Lyman, 451 Research Principal Analyst. “Broader and deeper vendor participation along with increasing enterprise use indicate this market will continue to grow and as that growth continues, consolidation in the market is likely.”

The research also indicates that both startup vendors and established giants in the enterprise software industry are tackling a variety of container use cases across areas such as management and orchestration, monitoring, DevOps, security, networking and storage. This is not only indicative of the broad applicability of container-based technologies, but also highlights how revenue is spread across a diverse supplier landscape. The openness of this market may encourage a variety of additional vendors to enter the container market and fuel further growth.

“The industry is already seeing these mergers and acquisitions that include IBM’s recent acquisition of Red Hat and VMware’s purchase of Heptio. These recent deals demonstrate how the container market is ripe for more consolidation as well as growth,” added Lyman.

SUSE CaaS Platform 4 and SUSE Cloud Application Platform 1.5 further enrich Kubernetes experience fo...
SentinelOne has intoduced the next generation of its server and workload protection offering.
On June 20th 2019, the 6th Edition of the largest Open IT innovation event, the OpenExpo Europe Fair...
Docker and MuleSoft leave no application behind, unlocking existing enterprise application investmen...
Dynatrace's support for Docker in Windows enables enterprises to gain full visibility into container...
CA Technologies has published new survey research, "Seven Trends in Docker Container Monitoring," a...
British-based containerisation software company sees business grow by 300% in bid to solve challeng...
UK companies turn to mature cloud technology (particularly OpenStack), software-defined infrastruct...