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Strong Revenue Growth is Forecasted for Global Container Management Software and Services Through 2024 by Gartner

Worldwide container management revenue will grow strongly from a small base of $465.8 million in 2020, to reach $944 million in 2024, according to a new forecast from Gartner, Inc. Among the various subsegments, public cloud container orchestration and serverless container offerings will experience the most significant growth.

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Cloud IT Infrastructure Spending Continued to Grow in Q1 2020 While Spending on Non-Cloud Environments Saw Double-Digit Declines -- IDC

Vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private cloud, increased 2.2% in the first quarter of 2020 (1Q20) while investments in traditional, non-cloud, infrastructure plunged 16.3% year over year (YoY) according to the International Data Corporation’s (IDC) Worldwide Quarterly Cloud IT Infrastructure Tracker.

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IDC: Cloud IT Infrastructure Revenues Declined for Second Consecutive Quarter...But Exceeded Spending on Non-Cloud IT Infrastructure

According to the International Data Corporation (IDC) Worldwide Quarterly Cloud IT Infrastructure Tracker, vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments -- including public and private cloud -- declined in the third quarter of 2019 (3Q19) as the overall IT infrastructure market continues to experience weakening sales following strong growth in 2018. 

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