The Europe Application Container Market would witness market growth of 32.6% CAGR during the forecast period (2022-2028).
Application containers are becoming more widely used as more businesses use them to construct, maintain, and quickly migrate applications between environments. Additionally, it gives users more freedom and efficiency and enables them to switch to cloud-native settings.
The application container industry has expanded as a result of factors including the popularity of microservices architecture and the ongoing modernization of current mission-critical corporate applications. Shortly, it is anticipated that increased financial investment in container technology and the market's abundance of start-ups and established suppliers would offer significant prospects for the market's expansion. The market is primarily driven by the popularity of application container technology over virtual machines, the rapid use of cloud-based computing systems in businesses, and the growing popularity of the Internet of Things (IoT) among consumers.
The growing demand for business agility to achieve a competitive advantage, existing business-critical applications with significant developments, and the momentum of micro-services architecture are the reasons propelling the growth of the application container market. Cloud-based solutions are becoming increasingly popular among businesses as a result of their ability to store enormous volumes of data. They also include built-in security measures, remote access, and cheaper maintenance expenses.
Software containers continue to increase the effectiveness of European enterprise infrastructure, software development, cloud-native projects, and strategic functionality — particularly in the wake of the pandemic when businesses must adapt quickly to survive. Professionals in infrastructure and operations (I&O) are excited about containers, but they are still figuring out how to leverage these technologies effectively.
The Germany market dominated the Europe Application Container Market by Country in 2021; thereby, achieving a market value of $769.9 Million by 2028. The UK market is poised to grow at a CAGR of 31.5% during (2022 - 2028). Additionally, The France market would showcase a CAGR of 33.6% during (2022 - 2028).
Based on Deployment Model, the market is segmented into On-premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and Small- & Medium-sized Enterprises (SMEs). Based on Vertical, the market is segmented into Telecom & IT, Healthcare, BFSI, Retail, Government, Education and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Application Container Market will Hit $12 Billion by 2028, at a CAGR of 33.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Amazon Web Services, Inc. (Amazon.com, Inc.), Google LLC, IBM Corporation, SAP SE, Microsoft Corporation, Broadcom, Inc. (CA Technologies), Rancher Labs, Inc. (SUSE SE), Joyent, Inc. (Samsung Group), Docker, Inc. (Mirantis), D2iQ
By Deployment Model
By Organization Size
By Vertical
By Country
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