451 Research: Application Containers Will be a $2.7bn Market by 2020
Summary
Despite making up a relatively small portion of the overall Cloud-Enabling Technologies (CET) market, application containers will see the fastest growth compared to other segments, with an estimated CAGR of 40% through 2020. But based on the number of vendors currently participating and yet to emerge, containers may have a broader impact on the market than OpenStack, which was valued by 451 Research at $1.8bn in 2016 and is expected to grow to $5.8bn at a CAGR of 35% by year-end 2020. One of the most remarkable things about the emergent application container ecosystem and market is the number of vendors large and small that are meaningfully leveraging or offering application-container technology and support. Each model includes intelligence specific to companies (i.e., customers, pricing, deal sizes and trends) with a forecast that incorporates the unique traits, strengths and weaknesses of each vendor. More than 100 analysts and consultants deliver that insight via syndicated research, advisory services and live events to more than 1,000 client organizations in North America, Europe and around the world.