Global OpenStack Service Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024
Report Type : Global

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Global OpenStack Service Market - Size
Study Period
2018 - 2030
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
CAGR
7 %
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

OpenStack services are the set of software tools for building and managing platforms for the public-private cloud services. OpenStack is the next level of virtualisation which supports in organising and managing a pool of mixed storage and network resources within an IT sector. The OpenStack services market will be $1.71 billion in 2018 and is projected to reach $5.76 billion by 2025 with a CAGR of 28.6% during the forecast period 2019-2025. Increasing support from the wide community, fast and easy deployment and increasing number of anticipates in the OpenStack service providers are the primary factors boosting OpenStack services market growth.

Research Study Objectives:

  • Define, estimate, and forecast the OpenStack service market statistics by components, organisation size, end-user, and regions concerning the individual growth drivers, market trends and their contribution toward the OpenStack service market growth
  • Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
  • Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
  • Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the OpenStack service Market Analysis
  • Analysis and conclusions on the future OpenStack service market outlook.

Top-down and bottom-up approaches are used to validate the OpenStack service Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary

Global OpenStack Service Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The OpenStack service Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the OpenStack service market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.

The scope of the Report

The OpenStack service market segmentation is as follows:

By Components

  • Solutions
  • Services
    • Professional Services
    • Managed Services

By Organisation Size

  • Large Enterprise
  • Small & Medium Enterprise

By End-user

  • Banking, Financial Services & Insurance
  • Retail & E-commerce
  • Academic & Research
  • Telecommunication & IT
  • Manufacturing
  • Government & Defense
  • Others

Geographical Analysis:

OpenStack service market is segmented by geography into North America, South America, Europe, APAC and Middle East &

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Global OpenStack Service Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the

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