In a recent published report, Kenneth Research has updated the market report for SOFTWARE CONTAINERS MARKET for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for SOFTWARE CONTAINERS MARKET products.
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According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019. Additionally, exports of ICT services increased from 5.61% of service exports (BoP) in 2001 to 10.37% of service exports (BoP) in 2017. On the other hand, growing awareness amongst individuals for using the internet is also anticipated to contribute to the market growth. For instance, the total number of individuals using the internet grew from 8% of total population in 2001 to 49% of total population in 2017.
Introduction to Software Containers
The software containers are primarily used for the collection of the software at single places. It provides the visualization of the data and provides the connection with the cloud computing and data centers. It isolates the data from the existing application services and forms the separate building blocks which can run on the cloud. It performs the visualization of the data resources. It runs the particular software with enhanced efficiency when it is transferred from one computing body to the other. It enhances the security measures by saving the computer from the harmful resources. The software containers are light in weight and increase the operational efficiency of the 0rganizations.
“The Final Report will cover the impact analysis of COVID-19 on this industry .”
Market Size and Forecast
The increasing competition among the software companies in order to improve the data management, security and improving the networking is anticipated to be the major reason for the expansion of the software containers market.
The software containers market is expected to showcase a vibrant growth by the end of the forecast period. The software containers market can be segmented on the basis of deployment, application, and enterprise. On the basis of deployment, it is sub-segmented into on-premise and cloud. Cloud based sub-segment is anticipated to be the fastest developing sub-segment during the forecast period. The rising penetration of the internet across the globe is expected to increase the application of the cloud based storage applications.
On the basis of application, it is sub-segmented into security, monitoring and logging, management and orchestration, networking and data management services, storage and continuous integration/continuous deployment and others. On the basis of enterprise, it is sub-segmented into small and medium scale enterprise and large scale enterprise. Small and medium enterprises is anticipated to be the fastest growing sub-segment during the forecast period. Additionaly, the increasing number of the start-ups across the various developing countries is anticipated to boost the growth of the sub-segment during the forecast period.
“The Final Report will cover the impact analysis of COVID-19 on this industry .”
Growth Drivers
Increasing cloud computing activities
The rapid digitization across the globe is increasing the application of the various technologies such as big data, artificial intelligence and cloud computing. The increasing technological development coupled with the integration of the cloud computing activities is anticipated to be the major growth driver for the overall market during the forecast period. Additionally, the various enterprise are also focusing on the storing the data in digital forms as it enhances the efficiency of the working organizations.
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Complete solution for the storing large data
The software containers are the solutions that are used to store the important data. The smaller size of the containers enables the storage of the data in different software containers which is anticipated to boost the growth of the global software containers market during the forecast period.
Key Players
CoreOS
Docker Inc.
Google Inc.
Codenvy, Inc.
Amazon Web Services
Microsoft Corporation
Red Hat, Inc.
IBM Corporation
VMware
Market Segmentation
Our-in depth analysis of the software containers market includes the following segments:
By Deployment:
On-Premise
Cloud
By Application:
Security
Monitoring and logging
Management and orchestration
Networking and data management services
Storage and continuous integration/continuous deployment
Others
By Enterprise:
Small and Medium Scale Enterprise
Large Scale Enterprise
By Region
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About Kenneth Research:
Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.
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