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SOFTWARE CONTAINERS MARKET Size, Growth Factor, Top Key Players with Business Overview and Regional Forecasts to 2031

Kenneth Research, in its repository of market research reports, have recently added a report on SOFTWARE CONTAINERS MARKET which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031. The SOFTWARE CONTAINERS MARKET is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. 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.

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

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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Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defense, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research are adept at capturing descriptive insights on crucial topics to help our clients make their informed decisions.
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