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EMEA Container Technology Market Size
- Report ID: GMI2243
- Published Date: Nov 2017
- Report Format: PDF
EMEA Container Technology Market Size
EMEA Container Technology Market size was estimated at over USD 200 million in 2016 with a CAGR of over 35% from 2017 to 2024.
The EMEA container technology market is gaining momentum due to increasing adoption of the technology by European countries to modernize their IT infrastructure and improve operational efficiency. With stringent regulations for protection of data belonging to the businesses operating in the European Union (EU), many cloud and datacenter service providers are establishing cloud centers in Europe. This has resulted in accelerated adoption of container technology by the local enterprises to efficiently deploy their applications in the cloud.
| Report Attribute | Details |
|---|---|
| Base Year: | 2016 |
| EMEA Container Technology Market Size in 2016: | 200 Million (USD) |
| Forecast Period: | 2017 to 2024 |
| Forecast Period 2017 to 2024 CAGR: | 35% |
| 2024 Value Projection: | 2.4 Billion (USD) |
| Historical Data for: | 2013 to 2016 |
| No. of Pages: | 280 |
| Tables, Charts & Figures: | 634 |
| Segments covered: | Technology, Application, Deployment Model, End-use and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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With many large global players such as IBM and Microsoft focusing on aggressive expansion in the region, the competition is expected to become fierce over the forecast period as new entrants make their way into the market. Moreover, government in the region are also leveraging the benefits of cost-saving and improved operational efficiency offered by the technology to improve their IT infrastructure by moving to cloud-based storage and application processing.
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EMEA Container Technology Market Scope
