Docker Monitoring Market Is the first step towards optimization

ReportCrux Market Research has published a new report titled “Docker Monitoring Market by Component (Services and Solution); by Organization Size (Large Enterprises and SMEs); by Deployment Mode (Cloud and On-premises); by Industry Vertical (Healthcare and Life Sciences, BFSI, IT and telecom, Media and Entertainment and Others)and by Region: Global Industry Trends, Dynamics, Competitive Insights and Forecast Analysis, 2020 – 2027”.

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Docker Monitoring Market Size:

Docker Monitoring market was valued at approximately USD 223.7 Million in 2019 and is expected to generate revenue of around USD 2,583.8 Million by end of 2027, growing at a CAGR of around 35.8% between 2020 and 2027

Market Overview

Docker Monitoring is the process of monitoring the performance of microservice containers in the Docker environment. It is the first step towards optimization and in efficiency enhancement. Factors expected to boost the growth of the docker monitoring market are the need to optimize application performance in the dynamic container environment and the inevitable need to identify issues proactively that would avoid system outage.

Also, Factors such as a growing trend in the multi-cloud environment between companies rising analytical infusion in order to boost the capabilities of docker monitoring solutions are projected to offer ample opportunities for docker monitoring solutions vendors.

Segmentation Analysis:

By Component:

Based on the components, the market is segmented into Services and Software Solutions. Amongst these, the software type is expected to account for the larger share. Software segment accounted for about 54%of the overall market.

This is primarily due to the benefits it provides, such as its aggregated performance and health assessment, complete docker visibility and reduced monitoring complexity. In addition, the advanced capabilities like advanced analytics and actionable alerting of the docker monitoring software are driving the market for a docker monitoring solution.

By Industry Vertical:

Based on Industry Vertical, the market is divided into Healthcare and Life Sciences, BFSI, IT and telecom, Media and Entertainment, eCommerce and Retail, Travel and Hospitality and Others (Energy and Utilities, Government and Manufacturing). Amongst all these. The BFSI segment accounted for the largest market share of about 31%in 2019.

Apart from this eCommerce and retail segment is expected to grow at the highest CAGR during the forecast period.An increasing need for technologies having high performance, in order to minimize the cost, better portability achievement and increase the system resources efficiency are some of the factors responsible for the high level CAGR of this segment.

Docker and Docker monitoring systems are capable of providing services as soon as a request occurs and help boost the overall user experience and customer satisfaction that is of tremendous value to companies through eCommerce and the retail sector.

By Region:

North America accounted for about 49% of the global market in 2019

Amongst all the regions, North America has always on the forefront when it comes in adopting various advanced technologies and has demonstrated a high degree of adoption of docker technology. Many businesses in North America are rapidly implementing docker monitoring solutions to increase the overall visibility of their containers and application efficiency in order to prevent any system outages and improve the overall performance of their system.

North America also contains a huge number of docker monitoring companies and also has growing adoption of docker containerization and microservices, the cloud-based technologies which help to boost overall enterprise and system application performance.

Key Player Analysis

Major players in Docker Monitoringmarket are Microsoft (US), AppDynamics (US), Dynatrace (US), Broadcom (US), Oracle (US), Instana (US), Splunk (US), New Relic (US), BMC Software (US), Datadog (US), IBM (US), Sumo Logic (US), Micro Focus (US), Riverbed Technology (US), Sysdig (US), SolarWinds (US), Centreon (US), ManageEngine (US), ScienceLogic (US) and Wavefront (US) among others.These industry leaders are aggressively adopting diverse strategies to grow their market share.

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