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At 28.3 % CAGR openstack service market potentially worth $ 5.66 billion by 2022 according to new research report

Industrial Market Research

Study papers on OpenStack Service market and regional forecast. OpenStack Service market players are Canonical (UK), Cisco Systems (US), Dell EMC (US), HPE (US), Huawei (China), IBM (US), Mirantis (US), Oracle (US), Rackspace (US), Red Hat (US), SUSE (Germany), VMware (US)

Download Brochure of OpenStack Service Market spread across 138 pages, Profiling 13 Companies and Supported with 77 Tables and 39 Figures is now available at…ple?rname=1340188

OpenStack service market is projected to grow from USD 1.63 billion in 2017 to USD 5.66 billion by 2022, at a CAGR of 28.3% during the forecast period. Factors such as fast & easy deployment, no compulsion of vendor lock-in, and wide community support are driving the growth of the OpenStack service market.

However, the concern related to security is a key factor restraining the growth of the market. The anticipated increase in the number of OpenStack service providers and the high adoption rate in the telecom vertical are some of the opportunities covered in this market report.

Target Audience

  • Network and System Integrators
  • OpenStack Software Providers
  • Marketing Analytics Executives
  • Cloud Architects
  • Cloud Operators or System Administrators
  • OpenStack Upstream Developers
  • App Developers
  • IT Infrastructure Managers
  • Third-Party Service Providers
  • Technology Providers

OpenStack service services market has been studied for North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and Latin America. OpenStack services are being extensively adopted in Europe, as enterprises in this region have strong technical expertise with big IT budgets.

Organizations in this region adopt OpenStack services to help cloud users to create and manage large networks of cloud servers within an enterprise-class infrastructure.

Report at

Based on vertical, the IT segment is estimated to lead the OpenStack service market in 2017. This is because IT giants, such as Dell EMC, Red Hat, Rack space, HPE, and IBM, among others, have transformed their storage services with a powerful and flexible OpenStack management layer.

This OpenStack management layer helps to monitor and manage cloud resources and transactions. It also provides highly scalable storage as a service offering, besides offering cloud services to several companies that are developing the OpenStack software.

The IT segment is, therefore, estimated to dominate the OpenStack service market by vertical.

Competitive Landscape

1 Overview
2 Competitive Situation and Trends
2.1 New Product Launches & Product Enhancements
2.2 Agreements, Collaborations & Partnerships
2.3 Acquisitions
3 Market Ranking, By Key Players

Report at

The OpenStack service market has been segmented on the basis of component, organization size, vertical, and region. Based on component, the OpenStack service services market has been segmented into solution and service.

Based on organization size, the market has been segmented into large enterprises and small &medium enterprises. Based on vertical, the market has been segmented into government & defense, IT, telecommunication, academic & research, BFSI, retail & e-commerce, manufacturing, and others (consulting, real estate, web hosting, media & entertainment, and advertisement).

The OpenStack service market has been studied for North America, Europe, APAC, the Middle East & Africa, and Latin America.

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