Server virtualization was one of the key steps toward further IT infrastructure abstraction. Every enterprise CIO and CTO knows that managing a server farm is problematic. That's why the quest for container and serverless platforms is driving more organizations to reassess their data center. Cloud container management revenue will grow from a small base of $465.8 million in 2020, to reach $944 million in 2024, according to the latest worldwide market study by Gartner. Among the various sub-segments, public cloud container orchestration and serverless container offerings will experience the most significant growth. Here are the study findings. Container Management Market Development Container management provides software and related services that support the ongoing operation of containers, at scale, in production environments. But production applications are uncommon. "There has been considerable hype and a high level of interest in container technology, but a lower ...
TMT Market Research and Analysis