DevOps and microservices driving container monitoring market growth

The global container monitoring market is expected to swell from $169.6 million in 2017 to $706.2 million by 2022, at a compound annual growth rate (CAGR) of 33%, according to a report published by ResearchandMarkets. Containers are a lightweight form of virtualization that has taken the telecom industry by storm. According to the report, the demand for container monitoring is being drive by various factors, including increased use of microservices and the growth of DevOps. Containers serve as a major component of microservices and DevOps. The former involves breaking down a monolithic application into a suite of modules designed for specific business functions, which can communicate with each other through a set of interfaces. The latter involves levelling barriers between software developers and operations team in order to accelerate time-to-market applications.