COVID-19 is a ubiquitous topic dominating the media landscape and short-term strategies of CEOs leading small and midsize technology and service providers. Gartner Overview. All rights reserved. According to Gartner’s recent Tech CEO Research Circle survey “COVID-19: Recession”, almost half (45%) of tech CEOs are worried about a recession impacting their revenue growth. Gartner: Strong revenue growth forecast for container management software and services Worldwide container management revenue will reach $944 million in 2024, up from a small base of $465.8 million in 2020, according to new figures from Gartner. Additional revenue will come from a range of adjacent segments that are not included in Gartner's container management forecast. Quarterly Revenue ($) Q1, 2017 Q2, 2017 Q3, 2017 Q1, 2018 Q2, 2018 Q3, 2018 Q1, 2019 Q2, 2019 Q3, 2019 Q1, 2020 $0 $500 m $1 b $1.5 b Report incorrect company information
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Gartner predicts that CSPs in Greater China (China, Taiwan and Hong Kong), mature Asia/Pacific, North America and Japan will reach 5G coverage across 95% of national populations by 2023.Due to rounding, some figures may not add up precisely to the totals shown.“Despite investment growth rates in 5G being slightly lower in 2020 due to the Over the short-term, Greater China leads the world in 5G development, with 49.4% of worldwide investment in 2020 attributed to the region. Gartner predicts the worldwide public cloud service market will grow from $182.4B in 2018 to $331.2B in 2022, attaining a compound annual growth rate (CAGR) of 12.6%. Last updated 2020/07/27 23:58 By Function
We use cookies to deliver the best possible experience on our website. ©2020 Gartner, Inc. and/or its affiliates. Despite the need to support digital transformation, initiatives will be curbed by recessed economic conditions for at least the medium term, as organizational priorities shift to cost optimization.Gartner expects that up to 15% of enterprise applications will run in a container environment by 2024, up from less than 5% in 2020, hampered by application backlog, technical debt and budget constraints. Gartner equips senior leaders across the enterprise with the indispensable insights, advice and tools they need to achieve their mission-critical priorities and build the successful organizations of tomorrow. Container management provides software and/or services that support the management of containers, at scale, in production environments.Popularity of cloud-native applications behind container management growthThe forecast growth in enterprise adoption of container management indicates the intrinsic appeal of cloud-native architecture, according to Gartner. Public cloud revenue is forecast to grow 6.3% in 2020 to total $257.9 billion, up from $242.7 billion in 2019, according to Gartner. Gartner updated its financial outlook for 2017, which now includes: Total revenue of $3,257 to $3,327, up from a previous estimate of $3.225 to … “However, other early adopting and technologically adept nations are not far behind,” said Mr. Takiishi.Gartner expects that 5G investment will rebound modestly in 2021 as CSPs seek to capitalize on changed behaviors sparked by populations’ elevated reliance on communication networks.
According to Gartner, the business intelligence market (including data warehouses and CRM analytics) is growing nine percent per year. 5G investment will exceed LTE/4G in 2022.CSPs will gradually add stand-alone (SA) capabilities to their non-stand-alone (NSA) 5G networks, and Gartner predicts by 2023, 15% of CSPs worldwide will operate stand-alone 5G networks that do not rely on 4G network infrastructure.
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This includes application development, managed services, on-premises hardware and infrastructure as a service (IaaS) among other segments.For example, the IaaS revenue associated with container management is expected to reach "Although the direct incremental revenue may be less than many expect, containers may have a different role to play," said Gartner clients can learn more in the report "Forecast Analysis: Container Management (Software and Services), Worldwide". While it was worth $57 billion at the end of 2010, it will surge to $81 billion by 2014 and as high as $136 billion by 2020.
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