Application container market to grow steadily by 2026

2021-02-26 04:30

The application container market is expected to register a CAGR of 29% over the forecast period 2021 to 2026, according to ResearchAndMarkets.

Increasing deployments of application container across industries.

Such statistics prompt the scope for application containers to be substantial over the forecast period, considering the vendors' efforts in the market.

The North American region occupies the largest market share in the market owing to various factors such as the gaining momentum of enterprises in microservices architecture and the ongoing transformation of existing business-critical applications that are driving the growth of the market.

With the continuous increase in financial investments in container technology and the presence of a large number of small and large players in this region is expected to present many opportunities for the market expansion shortly.

The National Institute of Standards and Technology, which is a division of the US Department of Commerce, has published the "NIST Special Publication 800-190: Application Container Security Guide" in 2018, which is a set of guidelines that are now serving as a useful starting point and a baseline for security audits.

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