Application containers ‘will overtake OpenStack growth by 2020’January 11, 2017
The application containers market will be worth $2.7 billion (£2.2 billion) by 2020, according to 451 Research.
Assessing the performance of 125 container vendors, 451 Research found that growth of the container cloud development technology follows the trend of OpenStack, which also became popular fast. However, the analyst firm said the containers sector has the potential to have a much bigger impact than OpenStack, despite pegging the latter technology’s value at $5.8 billion (£4.8 billion) by 2020.
“In the three years we’ve been tracking the OpenStack market, we’ve watched it grow from just 30 vendors in 2013 to more than 91 vendors today. We will be tracking the container market closely to see whether that translates into even higher revenue and faster growth than with OpenStack," Jay Lyman, principal analyst of 451 Research’s Cloud Management and Containers division said.
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