Sellbyville, DE -- (SBWIRE) -- 01/19/2019 -- Over the recent years, APAC container technology market has emerged as the most rapidly expanding sub-spheres among the overall smart and sustainable technologies industry verticals, in terms of remuneration. The IT sector in the region has been witnessing an exponential progression which has resulted in the creation of massive volumes of data and the requirement to store it. Furthermore, a number of developing nations in the region, it has been observed, are increasingly endorsing swift adoption of cloud computing technologies by enacting various legislations and undertaking favorable initiatives.

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As a consequence, this has compelled large enterprises operating in this region to actively embrace container technology, which eventually has impelled the growth prospects of APAC container technology industry share. As a matter of fact, a quick reading of a recent report by Global Market Insights would reinforce the significance of the APAC container technology market, whose total valuation stood at USD 120 million in 2016 and is now anticipated to witness a rather remarkable commercialization over the estimated time frame.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
- Apcera
- AWS
- Chef
- Cisco
- CloudFoundry
- ClusterHQ
- CoreOS
- Docker
- EMC
- Hashicorp
- Joyent
- Mesosphere
- Microsoft
- Openstack
- Rackspace
- RedHat
- Sysdig
- The Linux Foundation
- Twistlock
- VMware

The growth of the market is attributed to increasing awareness related to cloud computing technology and application containers to enhance resource utilization and benefit from the scalable cloud architecture. As emphasis on modernizing IT infrastructure is increasing in most of the emerging economies in the region, businesses are realizing the potential of containers to effectively manage resource-intensive workloads. However, regulatory policies related to data residency are expected to restrain the APAC container market growth to some extent during the analysis period.

Apart from China, APAC container technology market would be driven by other developing economies such as India, Malaysia, and Singapore. Owing to the reputation as foremost investment hubs, major companies along with emerging start-ups in these nations are increasingly leveraging the cost-effectiveness and scalability of cloud platforms to direct their efforts on developing their core capacities. Consequentially, this would invariably boost the APAC container technology industry share in terms of product demand.

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While enumerating upon the competitive landscape, APAC container technology industry appears to be rather fragmented with a bunch of participants comprising the container technology developers, cloud service vendors, and quite a few software behemoths. Some of the influential names in this business arena are Amazon, IBM, Docker, Cloud Foundry, Mesosphere, Microsoft, Sysdig, Red Hat, Twistlock, Cisco, ClusterHQ, and HP. While exploring the opportunities and tapping into new markets, the APAC container technology industry players seem to have been focusing on strategic mergers and alliances.

Citing an instance of the same, IBM has recently teamed up with Docker Inc., to ease seamless modernization of their existing applications that are combined with Docker Enterprise Edition software and IBM Cloud. Apparently, this instance distinctly reflects the influence of container technology on the overall IT space, which is rather profound. Driven by rising inclination toward adopting cloud computing solutions across the region, the APAC container technology market is forecast to exceed a revenue collection of USD 1.5 billion by 2024, as per estimates.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.