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EMEA Container Technology Market accounted for US$ 0.53 billion in 2020 and is estimated to be US$ 13.52 billion by 2030 and is anticipated to register a CAGR of 37.6%. Container technology, commonly known as containers, is a method of packaging applications in such a way that they can run independently of other processes. The term "container technology" comes from the shipping industry. Instead of shipping each product separately, the cargo is loaded into a steel shipping container that is already intended to be picked up by a crane at the port and fitted into a vessel that can accommodate the container's standard size. Containers' mobility is a significant advantage. They can be safely operated in various settings such as local desktops, physical/virtual servers, and production/testing/staging or deployment environments since they wrap an application along with its runtime environment, including dependencies and libraries.
The Report " Global EMEA Container Technology Market By Type (Docker, Rkt, LXC & LXD, Container, and FreeBSD Jails), By Application (Container Monitoring, Container Provisioning, Container Security, Container Data Management, and Container Networking), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2029’’
Key Highlights:
- In June 2021, Abu Dhabi Terminals has partnered with Microsoft to enhance container tracking using Artificial Intelligence (AI). The companies will use Microsoft’s Azure cloud to apply Artificial Intelligence (AI)-based smart tracking, enabling 100% traceability of containers handled at the port. The technology also opens the door to launching an autonomous vehicle system at the port, the companies claimed.
Analyst View:
The EMEA container technology business is gaining pace as European governments progressively use container technology to improve their IT infrastructure and increase operational efficiency. Many cloud and datacenter service providers are developing cloud centers in Europe due to rigorous rules for the protection of data belonging to enterprises operating in the European Union (EU). As a result, local businesses have been quick to adopt container technology in order to efficiently deploy their applications in the cloud. Furthermore, governments throughout the region are taking advantage of the technologies cost-cutting and better operational efficiency benefits to upgrade their IT infrastructure by switching to cloud-based storage and application processing.
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Key Market Insights from the report:
The Global EMEA Container Technology Market accounted for US$ 0.53 billion in 2020 and is estimated to be US$ 13.52 billion by 2030 and is anticipated to register a CAGR of 37.6%. The Global EMEA Container Technology market is segmented based on the type, application, and region.
- By Type, the market is segmented into Docker, Rkt, LXC & LXD, Container, and FreeBSD Jails.
- By Application, the market is segmented into Container Monitoring, Container Provisioning, Container Security, Container Data Management, and Container Networking.
- By Region, the Global EMEA Container Technology is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is expected to dominate the worldwide EMEA Container Technology.
Competitive Landscape:
The key players operating in the Global EMEA Container Technology Market includes Apcera Inc.
Amazon Web Services Inc., Chef, Cisco, CloudFoundry, ClusterHQ, CoreOS, Docker, EMC and Hashicorp.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
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Article source: https://article-realm.com/article/Internet-Business/Auctions/25203-EMEA-Container-Technology-Market.html
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