APAC Container Technology Market drivers of growth analyzed in a new research report
Category: #business  By Rahul Varpe  Date: 2021-12-13
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APAC Container Technology Market drivers of growth analyzed in a new research report

How will rapid adoption of Docker technology impel APAC container technology market growth?

Increasing adoption of container technology by business across emerging economies to effectively virtualize workloads over cloud networks is likely to drive APAC container technology market outlook.

With increasing emphasis on modernizing IT infrastructure, businesses are realizing the potential of containers to effectively manage resource-intensive workloads. APAC container technology market may gain traction owing to growing awareness pertaining to application containers and cloud computing technology to gain assistance of scalable cloud architecture and enhance resource utilization. APAC container technology market size is likely to surpass USD 1.5 billion by 2024.

How will APAC container technology industry thrive through 2024?

APAC container technology industry will showcase momentous growth owing to mounting demand from developing countries such as China, India, and other south-east Asian countries.

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The industry comprises two types of players: infrastructure providers and technology providers. The infrastructure providers mainly include cloud service providers, such as Microsoft, IBM and AWS offering cloud services especially for containers.

Tough competition prevails among providers as majority of them are trying to offer services and products to the same set of customers, which makes it difficult for customers to choose. Major companies such as CoreOS, Docker, Cloud Foundry, Mesosphere, and The LINUX Foundation have captured most of the market owing to their excellent product offerings. These companies are further collaborating with leading infrastructure providers to come up with a better product in the coming years.

How will APAC container technology market size profit from various application segments?

Encompassing a diversified application spectrum, it is imperative to note that container data management application is expected to induce substantial growth within the market. The regional market growth stems from the augmenting need to efficiently run and maintain huge data volumes across APAC region, which will gradually increase over the coming years. Moreover, the consistent growth of the container ecosystem across the region will offer lucrative opportunities for container data management industry expansion.

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Also, container security application will hold a major share in APAC container data market owing to rising concerns related to the security of customers’ confidential data hosted inside containers.

How will widespread adoption of on-premise and cloud deployment model supplement APAC container technology industry share?

Enterprises across the emerging economies are rapidly utilizing on-premise infrastructure to process and store critical data in compliance with regulatory requirements. On-premise deployment model is forecast to lead the container technology market across APAC region through 2024 owing to growing product popularity and acceptance.

That being said, cloud deployment model is likely to showcase maximum growth over the coming years due to increasing adoption of cloud platforms, such as PaaS for hosting applications related to private businesses, as well as public services.

Which are the key countries generating substantial demand within APAC container technology market?

Presence of numerous traditional data centers in Malaysia and Singapore makes them lucrative avenues for container technology market growth. However, China is likely to dominate Asia Pacific container technology market over the coming years due to the availability of robust infrastructure reducing IT cost and rapid adoption of Docker technology across the region.

Following China’s lead, India will be the second fastest growing country-specific market within the region. The robust growth of India market can be attributed to favorable government initiatives, such as ‘Start -up India’ and ‘Digital India’ encouraging adoption of advanced IT infrastructure & services by enterprises.

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About Author

Rahul Varpe

Rahul Varpe    

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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