Application Container Market Size, Share, Growth Analysis, By Service (Consulting, Container Monitoring), By Deployment Mode (Cloud, Private Cloud), By Organization Size (SMEs, Large Enterprises), By Application Area (Production, Collaboration), By Vertical (BFSI, Healthcare & Life Sciences), By Region - Industry Forecast 2024-2031

Drivers

Growing Need for Business Agility to Bolster Market Growth

• Enterprises need to coordinate their activities in order to grow and respond to the increase in competition. This can be completed only by accepting the latest technologies and developing and delivering modern applications. The presence of legacy environments hampers technological adaptations and requires transformations at the application, platform, and technology levels. Application containers help speed up the application development process by minimizing the testing time and reducing the complexities of testing processes. This results in greater agility. In addition to this, container orchestration streamlines the deployment of applications in various environments, such as physical or virtual and public, private, or hybrid cloud infrastructures. A competitive advantage can be beneficial to enterprises, resulting in increased efficiency and reduced application-related costs.

Restraints

Emergence of Application Container Sprawl to Hinder Market Growth

• Container sprawl is a term that can be used for the running of multiple applications in containers, which can lead to heavy resource consumption. Resource consumption, in various cases, results in fewer resources for running useful containers. Moreover, the chances of misconfiguration and mishandling of unmanaged containers on a particular host increases the chances of misconfiguration and mishandling. Container sprawl can drive up the costs of the public cloud environment. Large enterprises are at a higher risk of container sprawls than the Small and Medium-sized Enterprises (SMEs). In order to counteract the growing trend of container sprawl, businesses need to adopt a DevOps and security strategy that is efficient.