The worldwide Container Management revenue is set to double by 2024. Driven by the adoption of cloud-native apps and infrastructure, the category will grow from a base of $465 million in 2020 to reach $944 million in 2024, according to a new report by Gartner.
The report on container management, a first from Gartner, signals the growing importance of the technology and the increasing adoption. The report forecasts “by 2022 more than 75% of global organizations will be running containerized applications in production, up from less than 30% today.
Among the various subsegments, Public Cloud Container Orchestration and Serverless Container offerings will experience the highest growth”.
“Containers could ultimately fuel an open ecosystem similar to Linux.”
Containers have become popular because they provide a powerful tool for addressing several critical concerns of application developers, including the need for faster delivery, agility, portability, modernization and life cycle management.
Container management provides software and/or services that support the management of containers, at scale, in production environments.”
The growth forecast in the enterprise adoption of container management indicates the intrinsic appeal of cloud-native architecture
“The bottleneck will be the speed at which applications can be refactored and/or replaced,” Mr Michael Warrilow research vice president at Gartner said.
As a result of the growing use of containers, enterprise demand for container management is increasing
Container Ecosystem
Although direct revenue for container management software and services will remain a small portion of the container ecosystem, additional revenue will come from a range of adjacent segments.
This includes application development, managed services, on-premises hardware and infrastructure as a service (IaaS) among other segments. For example, the IaaS revenue associated with container management is expected to reach $1 billion before 2023.
Gartner said “Containers could ultimately fuel an open ecosystem similar to Linux.”
Access the report here
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