Sellbyville, DE -- (SBWire) -- 10/23/2018 --China dominated the APAC application container market in 2016 with a market share of approximately 27% owing to the presence of a huge Docker container user community. Also, due to the extensive presence of Alibaba Cloud, the cloud computing arm of the China based Alibaba Group, businesses operating in China are readily deploying compute workloads over cloud platforms to benefit from the associated scalability of resource utilization.
APAC Application Container Market is estimated to surpass USD 1.7 billion by 2024. Containers offer a cost as well as resource effective alternative to virtualize application workloads compared to virtual machines by enabling OS-level virtualization. A container typically contains an executable package of a software application's code, its dependencies and required configurations delivering a consistent environment which enables efficient version control. Compared to traditional virtualization, containerization facilitates efficient utilization of memory, processing capabilities and storage.
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As containers encapsulate an application along with its runtime environment including dependencies and libraries, they can be reliably executed in different environments such as local desktops, physical/virtual servers and production/testing/staging or deployment environments. Hence, enterprises are increasingly leveraging the platform independence and enhance developer productivity offered by container technology to host and deploy high resource application processing functions.
Rapid industrialization and urbanization in the APAC region is luring many global players in the cloud and data center ecosystem to enter and expand their presence in emerging economies such as China and India. Countries such as Japan, Singapore, and South Korea, which have highly mature cloud landscape are lucrative markets for the proliferation of container technology in the region.
With government encouraging adoption of cloud solutions through favorable legislative policies, the acceptance of containers is likely to accelerate in the region. For instance, in March 2015, the Korean National Assembly passed the Korean Cloud Act (Act on the Development of Cloud Computing and Protection of Users) to promote the development and utilization of cloud computing in the country.
Moreover, data residency policies are directing global data center providers to set up huge data center facilities in countries such as Singapore and China. This is further motivating businesses in these regions to deploy their resource consuming workloads over cloud platforms to save considerable cost incurred for owning and managing compute infrastructure. These factors are expected to drive the APAC application container market during the timeline.
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Increasing need to improve developer efficiency and to modernize legacy IT infrastructure is motivating the businesses operating in the region to adopt modern computing technologies such as containers. With consistent growth of the SMEs landscape and conducive business environment for entrepreneurs and tech start-ups in India, container technology is expected to experience significant adoption for cost effectively virtualizing and managing applications in order to boost operational efficiency in such emerging enterprises.
Some of the key participants in the APAC application container market are Apcera, Chef, Cisco, AWS, CloudFoundry, CoreOS, Docker, ClusterHQ, EMC, Joyent, Mesosphere, Hashicorp, Microsoft, Rackspace, Openstack, RedHat, The Linux Foundation, Twistlock, Sysdig and VMware. The industry is primarily characterized by container technology providers and cloud service providers.
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The APAC container technology market is expected to witness exponential growth during the analysis period due to rapidly advancing industrialization.