The global OpenStack service market size was US$ 2.8 billion in 2021. The global OpenStack service market size is forecast to reach US$ 15.9 billion by 2030, growing at a compound annual growth rate (CAGR) of 26.8% during the forecast period from 2022 to 2030.
OpenStack enables the creation and management of private and public clouds using pooled virtual resources. In addition, it is a set of tools for building and managing cloud computing platforms. The OpenStack platform consists of projects. Networking, storage, identity, and image services are the core services of cloud computing. It is also possible to bundle more than a dozen projects together to create unique, deployable clouds. OpenStack is a set of scripts packaged together into packages called projects to create a cloud environment. Users can also use OpenStack to deploy virtual machines and other instances that perform various tasks for managing a cloud environment. However, anyone can access the source code, make any modifications that they need, and freely share these modifications.
Factors Influencing Market Growth
Impact Analysis of COVID-19
The COVID-19 pandemic has devastated many lives and businesses at an unprecedented rate. Cloud adoption plans have been adversely affected. As organizations prepare for future COVID-19-related shutdowns, many have accelerated their move to the cloud, resulting in an increase in related decisions.
Since physical contact is no longer acceptable in any form of communication due to social distancing, organizations and institutes worldwide have made the sudden switch to digital solutions to retain productivity. Thus the growth of digital transformation is increasing worldwide. A range of industries has also begun to realize the benefits and value of cloud computing beyond the immediate need for remote work, so many companies have scaled up their digital transformation efforts and invested heavily in IT and cloud resources. The rise in the demand for digitalization and adoption of the cloud has provided lucrative opportunities for the open stack service market.
Regional Insights
Through the forecast period, North America will hold the largest market share. Cloud technology advancements and the presence of key players in the region are driving growth in the region.
Europe is forecast to grow at a significant rate during the forecast period. This region is experiencing rapid growth due to BYOD (Bring Your Own Device) policies among organizations and the increasing use of private clouds. A significant part of the market growth is due to big data analytics.
Leading Competitors
The leading prominent companies profiled in the global OpenStack service market are:
Scope of the Report
The global OpenStack service market segmentation focuses on Component, Deployment Type, Enterprise Size, Industry Vertical, and Region.
Segmentation based on Component
Segmentation based on Deployment Type
Segmentation based on Enterprise Size
Segmentation based on Industry Vertical
Segmentation based on Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL OPENSTACK SERVICE MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
4 GLOBAL OPENSTACK SERVICE MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE MODEL
4.4 VALUE CHAIN ANALYSIS
5 GLOBAL OPENSTACK SERVICE MARKET, BY COMPONENT
5.1 OVERVIEW
5.2 SOLUTIONS
5.3 SERVICES
6 GLOBAL OPENSTACK SERVICE MARKET, BY DEPLOYMENT MODE
6.1 OVERVIEW
6.2 PUBLIC
6.3 PRIVATE
6.4 HYBRID
7 GLOBAL OPENSTACK SERVICE MARKET, BY ENTERPRISE SIZE
7.1 OVERVIEW
7.2 SMALL & MEDIUM ENTERPRISE
7.2 LARGE ENTERPRISE
8 GLOBAL OPENSTACK SERVICE MARKET, BY INDUSTRY VERTICAL
8.1 OVERVIEW
8.2 IT & TELECOM
8.3 HEALTHCARE
8.4 MANUFACTURING
8.5 RETAIL & E-COMMERCE
8.6 MEDIA & ENTERTAINMENT
8.7 BFSI
8.8 GOVERNMENT & DEFENSE
8.9 OTHERS
9 GLOBAL OPENSTACK SERVICE MARKET, BY GEOGRAPHY
9.1 OVERVIEW
9.2 NORTH AMERICA
9.2.1 NORTH AMERICA MARKET SNAPSHOT
9.2.2 U.S.
9.2.3 CANADA
9.2.4 MEXICO
9.3 EUROPE
9.3.1 EUROPE MARKET SNAPSHOT
9.3.2 WESTERN EUROPE
9.3.2.1 THE UK
9.3.2.2 GERMANY
9.3.2.3 FRANCE
9.3.2.4 ITALY
9.3.2.5 SPAIN
9.3.2.6 REST OF WESTERN EUROPE
9.3.3 EASTERN EUROPE
9.3.3. 1 POLAND
9.3.3.2 RUSSIA
9.3.3.3 REST OF EASTERN EUROPE
9.4 ASIA PACIFIC
9.4.1 ASIA PACIFIC MARKET SNAPSHOT
9.4.2 CHINA
9.4.3 JAPAN
9.4.4 INDIA
9.4.5 AUSTRALIA & NEW ZEALAND
9.4.6 ASEAN
9.4.7 REST OF ASIA PACIFIC
9.5 MIDDLE EAST & AFRICA
9.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
9.5.2 UAE
9.5.3 SAUDI ARABIA
9.5.4 SOUTH AFRICA
9.5.5 REST OF MEA
9.6 SOUTH AMERICA
9.6.1 SOUTH AMERICA MARKET SNAPSHOT
9.6.2 BRAZIL
9.6.3 ARGENTINA
9.6.4 REST OF SOUTH AMERICA
10 GLOBAL OPENSTACK SERVICE MARKET COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 COMPANY MARKET RANKING
10.3 KEY DEVELOPMENT STRATEGIES
11 COMPANY PROFILES
11.1 CISCO SYSTEMS INCORPORATED
11.1.1 OVERVIEW
11.1.2 FINANCIAL PERFORMANCE
11.1.3 PRODUCT OUTLOOK
11.1.4 KEY DEVELOPMENTS
11.2 ORACLE CORPORATION
11.2.1 OVERVIEW
11.2.2 FINANCIAL PERFORMANCE
11.2.3 PRODUCT OUTLOOK
11.2.4 KEY DEVELOPMENTS
11.3 IBM CORPORATION
11.3.1 OVERVIEW
11.3.2 FINANCIAL PERFORMANCE
11.3.3 PRODUCT OUTLOOK
11.3.4 KEY DEVELOPMENTS
11.4 HUAWEI ENTERPRISE
11.4.1 OVERVIEW
11.4.2 FINANCIAL PERFORMANCE
11.4.3 PRODUCT OUTLOOK
11.4.4 KEY DEVELOPMENTS
11.5 PLATFORM9 SYSTEMS, INCORPORATED
11.5.1 OVERVIEW
11.5.2 FINANCIAL PERFORMANCE
11.5.3 PRODUCT OUTLOOK
11.5.4 KEY DEVELOPMENTS
11.6 RED HAT, INCORPORATED
11.6.1 OVERVIEW
11.6.2 FINANCIAL PERFORMANCE
11.6.3 PRODUCT OUTLOOK
11.6.4 KEY DEVELOPMENTS
11.7 VMWARE, INCORPORATED
11.7.1 OVERVIEW
11.7.2 FINANCIAL PERFORMANCE
11.7.3 PRODUCT OUTLOOK
11.7.4 KEY DEVELOPMENTS
11.8 CANONICAL LIMITED
11.8.1 OVERVIEW
11.8.2 FINANCIAL PERFORMANCE
11.8.3 PRODUCT OUTLOOK
11.8.4 KEY DEVELOPMENTS
11.9 EASYSTACK INCORPORATED
11.9.1 OVERVIEW
11.9.2 FINANCIAL PERFORMANCE
11.9.3 PRODUCT OUTLOOK
11.9.4 KEY DEVELOPMENTS
11.10 MIRANTIS, INCORPORATED
11.10.1 OVERVIEW
11.10.2 FINANCIAL PERFORMANCE
11.10.3 PRODUCT OUTLOOK
11.10.4 KEY DEVELOPMENTS
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