OpenStack Service Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

OpenStack Service Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A2134
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Market Overview:

The global openstack service market size reached US$ 4.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 20.3 Billion by 2027, exhibiting a growth rate (CAGR) of 27.4% during 2022-2027.

OpenStack is an open source platform which allows the user to freely access the source code, modify it and share it with the users at large. It is a type of Infrastructure-as-a-service (IaaS) that facilitates communication and storage between the hardware device of the computer and the cloud. It comprises various computing services such as object and block storages, and networking and shared file systems. It can be utilized for web hosting, conducting big data projects, delivery of Software-as-a-Service (SaaS) and effectively utilizing resources through a web interface. It offers high efficiency, on-demand services, resource pooling, high flexibility and agility. As a result, the service finds wide application in medium and large enterprises along with the manufacturing, telecommunication and energy industries.

The increasing demand for cloud-based and internet-enabled services is the key factor driving the growth of the market. Furthermore, OpenStack offers high cost-efficiency by positioning virtual computing infrastructure that gives control to the user and allows making changes to the hardware or software component in the system. Additionally, it assists organizations in terms of operational effectiveness and financial management that has led to its increased adoption across various industries. The free availability of OpenStack platform, easy deployment and wide adoption of big data analytics across telecom verticals and small and medium-sized enterprises (SMEs) are further driving the market growth. Moreover, technological advancements in OpenStack infrastructure are providing increased capacities for heterogeneous enterprises that require better speed and developer experience, thus resulting in increased adoption of the service.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global openstack service market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component type, organization size, platform and application.

Breakup by Component Type:

  • Solution
  • Services
     

Breakup by Organization Size:

  • Large Enterprises
  • Medium Enterprises
  • Small Enterprises
     

Breakup by Platform:

  • Public Cloud
  • Private Cloud
  • Hybrid
     

Breakup by Application:

  • BFSI
  • Government and Defense
  • Information Technology
  • Telecommunication
  • Academic and Research
  • Retail and E-Commerce
  • Manufacturing
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Bright Computing Inc., Canonical, Cisco Systems Inc., Dell Technologies Inc, Hewlett Packard Enterprise, IBM, Mirantis Inc., Oracle Corporation, Rackspace Inc., Red Hat Inc., SUSE, VMware Inc., etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Component Type, Organization Size, Platform, Application, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Bright Computing Inc., Canonical, Cisco Systems Inc., Dell Technologies Inc, Hewlett Packard Enterprise, IBM, Mirantis Inc., Oracle Corporation, Rackspace Inc., Red Hat Inc., SUSE and VMware Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global openstack service market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What has been the impact of COVID-19 on the global openstack service market?
  • What is the breakup of the market based on the component type?
  • What is the breakup of the market based on the organization size?
  • What is the breakup of the market based on the platform?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global openstack service market and who are the key players?
  • What is the degree of competition in the industry?

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OpenStack Service Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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