Global Openstack Services Market was valued at USD 2.6 Billion in 2019 and is expected to reach over USD 13.24 Million by 2026, growing at a CAGR of around 26.2% during the forecast period from 2020 to 2026
According to the report, the global openstack services market was valued at USD 2.6 Billion in 2019 and is expected to reach over USD 13.24 Million by 2026, growing at a CAGR of around 26.2% during the forecast period from 2020 to 2026.
Openstack is a cloud-based open source platform.It controls a large amount of networking and storage resources across a datacenter, which is managed by a control panel that gives control to administrators while allowing their users to deliver resources through a web interface.It boosts scalability and resource utilization, as private Openstack clouds offer significant scalability, and this can drive the market in forecast period.
Global Openstack Services Market: Overview
OpenStack is a combination of software tools which is used for building and managing the cloud computing platforms mainly for public and private cloud infrastructures. OpenStack is open source software and is deployed as infrastructure-as-a-service. OpenStack is a collection of open source software parts that provide a framework to create and manage the infrastructure based on public cloud and private cloud. OpenStack infrastructure supports web hosting and big data projects. OpenStack cloud platform is a combination of various components such as glance, ironic, nova, cinder, keystone, horizon, mistral, etc which offers complete and production-ready platform for an enterprise to build and operate their own private and public cloud. OpenStack software consists of five deployment models such as OpenStack-based public cloud, on-premises distribution, hosted OpenStack private cloud, OpenStack-as-a-Service, and appliance-based OpenStack.
Global Openstack Services Market: Growth factors
The major growth factors of the global openstack services market are easy and fast deployment, no compulsion of customer lock-in, and advantage of wide community support. The high adoption rate of cloud platforms, to manage the work effectively and efficiently, by enterprises globally is a major factor driving the growth of the global openstack services market. The openstack providers are working continuously on providing security patches with solutions and services to improve the security of the Openstack solution. The current trend of the market to adopt smart devices, rising demand for bid data analytics and bring your own device is expected to drive the growth of the Openstack market. The key restraining factors to the growth of the Openstack service market is the growing security concerns which are related to the technology which is prone to breach and access by hackers as it is still in the developing stage. The issues related to security, high deployment cost and performance related issues due to the large data in the cloud are some factors hampering the growth of the global Openstack services market.
Global Openstack Services Market: Segmentation
The segmentation of the global openstack services market can be done by component, by organization size and by vertical. In terms of segmentation by component, the market is divided into solution and services. The segmentation by organization size is into large enterprises and small and medium-sized enterprises. By vertical, the openstack services market is segmented into Government and defense, IT, telecommunication, academic and research, BFSI< retail and e-commerce, manufacturing, and others which includes consulting, real estate, media and entertainment, and advertisement.
Global Openstack Services market: Regional Analysis
The largest share of the global openstack service market is estimated to be of North America primarily because of the high adoption rate of latest technologies like Big Data, IoT, cloud computing and business intelligence tools. Based on region, the European market is projected to grow at the highest CAGR. This growth can be attributed to the increase in the use of data security and open source software which forces the enterprises to adopt the Openstack services. The regions like China, Japan, India, Australia, and South Korea are estimated to have a high growth rate during the forecast period, due to the increased research and development investments made by many companies in digital transformation.
Global Openstack Services market: Competitive Players
Some of the most important market players in the global openstack services market are Canonical, Huawei, Cisco Systems, SUSE, VMware, HP, Oracle, Dell EMC, IBM, Red Hat, Rackspace, Mirantis, Platform9 Systems, EasyStack, and Bright Computing.
Global Openstack Services market: Regional Segment Analysis
What Reports Provides
List of Figures
FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Openstack Services Market Revenue, 2016 - 2026 (USD Million)
FIG. 5 Porter’s Five Forces Analysis for Global Openstack Services Market
FIG. 6 Global Openstack Services Market Attractiveness, By Component
FIG. 7 Global Openstack Services Market Attractiveness, By Organization Size
FIG. 8 Global Openstack Services Market Attractiveness, By Vertical
FIG. 9 Global Openstack Services Market Attractiveness, By End-User
FIG. 10 Company Share Analysis, 2019
FIG. 11 Global Openstack Services Market Revenue Share, By Component, 2019 & 2026
FIG. 12 Global Openstack Services Market for Solution, Revenue (USD Million) 2016 - 2026
FIG. 13 Global Openstack Services Market for Services, Revenue (USD Million) 2016 - 2026
FIG. 14 Global Openstack Services Market Revenue Share, By Organization Size, 2019 & 2026
FIG. 15 Global Openstack Services Market for Large Enterprises, Revenue (USD Million) 2016 - 2026
FIG. 16 Global Openstack Services Market for SMEs, Revenue (USD Million) 2016 - 2026
FIG. 17 Global Openstack Services Market Revenue Share, By Vertical, 2019 & 2026
FIG. 18 Global Openstack Services Market for BFSI, Revenue (USD Million) 2016 - 2026
FIG. 19 Global Openstack Services Market for IT & Telecom, Revenue (USD Million) 2016 - 2026
FIG. 20 Global Openstack Services Market for Government & Defense, Revenue (USD Million) 2016 - 2026
FIG. 21 Global Openstack Services Market for Academic & Research, Revenue (USD Million) 2016 - 2026
FIG. 22 Global Openstack Services Market for Retail, Revenue (USD Million) 2016 - 2026
FIG. 23 Global Openstack Services Market for Manufacturing, Revenue (USD Million) 2016 - 2026
FIG. 24 Global Openstack Services Market for Others, Revenue (USD Million) 2016 - 2026
FIG. 25 Global Openstack Services Market Revenue Share, by Region, 2019 & 2026
FIG. 26 North America Openstack Services Market Revenue, 2016 - 2026 (USD Million)
FIG. 27 Europe Openstack Services Market Revenue, 2016 - 2026 (USD Million)
FIG. 28 Asia Pacific Openstack Services Market Revenue, 2016 - 2026 (USD Million)
FIG. 29 Latin America Openstack Services Market Revenue, 2016 - 2026 (USD Million)
FIG. 30 The Middle-East and Africa Openstack Services Market Revenue, 2016 - 2026 (USD Million)
FIG. 31 Canonical Business Segment Revenue Share, 2018 (%)
FIG. 32 Canonical Geographical Segment Revenue Share, 2018 (%)
List of Tables
TABLE 1 Global Openstack Services Market: Snapshot
TABLE 2 Drivers of the Openstack Services Market: Impact Analysis
TABLE 3 Restraints for the Openstack Services Market: Impact Analysis
TABLE 4 Global Openstack Services Market Revenue, by Region, 2016 – 2026 (USD Million)
TABLE 5 North America Openstack Services Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 6 North America Openstack Services Market Revenue, By Component, 2016 – 2026 (USD Million)
TABLE 7 North America Openstack Services Market Revenue, By Organization Size, 2016 – 2026 (USD Million)
TABLE 8 North America Openstack Services Market Revenue, By Vertical, 2016 – 2026 (USD Million)
TABLE 9 Europe Openstack Services Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 10 Europe Openstack Services Market Revenue, By Component, 2016 – 2026 (USD Million)
TABLE 11 Europe Openstack Services Market Revenue, By Organization Size, 2016 – 2026 (USD Million)
TABLE 12 Europe Openstack Services Market Revenue, By Vertical, 2016 – 2026 (USD Million)
TABLE 13 Asia Pacific Openstack Services Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 14 Asia Pacific Openstack Services Market Revenue, By Component, 2016 – 2026 (USD Million)
TABLE 15 Asia Pacific Openstack Services Market Revenue, By Organization Size, 2016 – 2026 (USD Million)
TABLE 16 Asia Pacific Openstack Services Market Revenue, By Vertical, 2016 – 2026 (USD Million)
TABLE 17 Latin America Openstack Services Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 18 Latin America Openstack Services Market Revenue, By Component, 2016 – 2026 (USD Million)
TABLE 19 Latin America Openstack Services Market Revenue, By Organization Size, 2016 – 2026 (USD Million)
TABLE 20 Latin America Openstack Services Market Revenue, By Vertical, 2016 – 2026 (USD Million)
TABLE 21 The Middle-East and Africa Openstack Services Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 22 The Middle-East and Africa Openstack Services Market Revenue, By Component, 2016 – 2026 (USD Million)
TABLE 23 The Middle-East and Africa Openstack Services Market Revenue, By Organization Size, 2016 – 2026 (USD Million)
TABLE 24 The Middle-East and Africa Openstack Services Market Revenue, By Vertical, 2016 – 2026 (USD Million)
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