Container orchestration system is the process of determining the current and past locations of a container. This helps trace or track containers throughout the supply-chain, from the manufacturer to the end-consumer. Furthermore, it helps manufacturers reduce piracy by ensuring easy recognition of original products. The container orchestration market is estimated to expand at a high growth rate during the forecast period. The implementation of container orchestration system helps manufacturers enhance efficiency of their distribution channel and reduce piracy.
Expansion of the container
orchestration market in the near future is anticipated to be
fuelled by the increase in rate of adoption of automation in logistics and
shipping services. Rapid expansion of the internet retailing market and
increase in popularity of online shopping, globally, are driving the overall
logistics market, which in turn is boosting the container orchestration market.
Implementation of advanced technology, such as RFID, provides quick reading and
high levels of security. Nevertheless, the high implementation cost of
aggregation & serialization solutions, coupled with lack of common
standards and regulations, is expected to restrain the market. The software
solutions segment held a major share of the container orchestration market, in
terms of revenue, in 2017.
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The global container orchestration market can be segmented
based on product, technology, and region. Based on product, the container
orchestration market can be classified into hardware and software. The software
segment can be further sub-segmented into bundle tracking, line controller,
case tracking, and shipment manager solutions. The hardware segment can be
further split into marking and printing solutions, barcode scanners,
checkweighers, monitoring and verification solutions, labeling solutions, and
RFID readers. In terms of technology, the market can be segregated into RFID,
2D barcodes, and linear barcodes. The RFID (Radio-Frequency Identification)
segment is anticipated to expand at a rapid pace during the forecast period.
Technological advantages, such as high data storage capacity, high durability,
and reusability, and no requirement of line of sight are key factors driving
the segment. The marking and printing solutions sub-segment is expected to hold
a prominent share in the market, while the 2D barcodes segment is anticipated to
account for a notable share of the market in 2017.
In terms of region, the global container orchestration
market can be segmented into North America, South America, Europe, Asia
Pacific, and Middle East & Africa. North America is anticipated to hold a prominent
share of the global container orchestration market by the end of the forecast
period. This dominance is primarily due to the presence of several global
players in this region, especially in the U.S. and Canada coupled with large
volume of trade. Europe is also projected to hold a significant share of the
global market. This trend can be attributed to the increasing focus on
innovations through research and development and IT technologies in developed
countries in the region. Furthermore, the market in Asia Pacific is expected to
expand at a rapid pace between 2018 and 2026. Increasing import and export in
the region along with the growing adherence toward regulatory compliances are
key factors driving the container orchestration market in Asia Pacific.
Expanding economies in Asia Pacific, such as India and China, are emerging as
preferred choices for investors owing to the significant potential these
countries possess in terms of trade.
Key players operating in the global container orchestration
market include Acquia, Amazon Web Services, AppDynamics, DigitalOcean, Fuze ,
Google Inc., Infosys, Intel Corporation, Juniper Networks Inc., Lucid
Software, MapR, Mendix, Tesla, and Twilio Inc. These leading companies
have primarily focused on collaboration, partnerships, new product launches,
and expansion in order to strengthen their position in the global container
orchestration market.
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