Latest News- Software Containers Market: IT and telecom is expected to lead the End-user segment during 2025-2029
The Software Containers Market is being driven by Adoption of cloud-native technologies
The Software Containers Market is expected to grow at a CAGR of 11.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 3165.3 million. The global software containers market is experiencing robust growth, fueled by continuous product innovation and the increasing demand for advanced container solutions across various industries. In May 2024, Seqera, a leading life sciences software company, introduced Seqera Containers, a no-cost bioinformatics container solution. Unveiled at the Nextflow SUMMIT in Boston, Seqera Containers simplifies the process for developers and researchers by enabling them to easily assemble custom containers without the need to build and upload custom container images. Powered by Amazon Web Services (AWS) and Wave, Seqera's open-source container provisioning service solution, Seqera Containers ensures seamless image creation and availability. This innovation streamlines container deployment and management, providing significant value to the scientific community.
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Which Factors Are Causing a Surge in Market Growth?
The market is segmented based on End-user (IT and telecom, BFSI, Retail, Healthcare, Others) Deployment (On-premises, Cloud) Geography (North America, Europe, APAC, South America, Middle East and Africa).
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
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Key Features in Software Containers Market Research Report
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Software containers refer to lightweight, standalone packages that hold application code and its dependencies, including configurations. Cloud-based technologies enable the deployment of these containers, offering granular control over configuration cycles and resource utilization. Container platforms like Kubernetes and Docker facilitate the use of cloud-native architectures, integrating advanced technologies such as AI and security services. IT infrastructures leverage container orchestration for efficient management of workloads, ensuring optimal security, monitoring, and remote access. Application containers provide a significant advantage in digital transformation and migration, enabling the use of cutting-edge technologies like AI and DevOps within IT infrastructure, while ensuring high resource utilization and efficient management of microservices.
The Software Containers market is a segment of the broader IT software industry, focusing on the provision of application code, cloud configurations, and granular control through containerization technology. This market caters to businesses seeking to streamline application deployment and management, particularly in cloud environments. Key features include data storage, advanced security features, and remote access capabilities. Companies offering container solutions are included in the global application software market, which encompasses both enterprise and cloud-based software providers. Technavio calculates the market size based on the combined revenue generated by these entities.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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