The OpenStack service market was valued at USD 1.35 Billion in 2016 and is projected to reach USD 5.66 Billion by 2022, at a CAGR of 28.3% during the forecast period. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=188374872
The research methodology that has been used to estimate and forecast the size of the OpenStack service market begins with the acquisition of data related to revenues of key vendors through secondary research (annual reports, white papers, certified publications, databases), press releases, and investor presentations of vendors of OpenStack service services and solutions as well as articles from recognized industry associations, statistics bureaus, and government publishing sources. Vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the market from the revenues of the key market players. After arriving at the overall size of the market, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with key individuals, such as chief executive officers, vice presidents, directors, and executives of leading companies operating in the market. Data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments of the market.
Top Key Players
Some of the major OpenStack service vendors include 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), and VMware (US).
Based on component, the service segment is expected to witness a higher growth rate during the forecast period
Based on component, the service segment of the OpenStack service market is expected to witness a higher growth rate than the solution segment from 2017 to 2022. The growth of the service segment is due to the growing need to simplify the maintenance, operation, and control of open source platforms. The high IT complexity of cloud has also supported the growth of services associated with the open source platform. The high cost of managing and monitoring enterprise-ready open source technologies is another factor driving the growth of the service segment.
Based on organization size, the small & medium enterprises (SMEs) segment is expected to grow at a higher CAGR during the forecast period
Based on organization size, the SMEs segment of the OpenStack service market is estimated to witness a higher growth rate than the large enterprises segment during the forecast period. SMEs have budget constraints on investing in IT infrastructure equipment, whereas implementing OpenStack infrastructure-as-a-service could save the additional costs incurred in purchasing licenses and supporting hardware. The benefits associated with the implementation of OpenStack service are expected to drive the adoption of OpenStack solutions by SMEs in the near future.
Based on vertical, the telecommunication segment is expected to grow at the highest CAGR during the forecast period
Based on vertical, the telecommunication segment of the OpenStack service market is expected to witness the highest growth in the coming years. This segment has accelerated the adoption of Network Function Virtualization (NFV) using OpenStack, to increase network agility and mitigate installation and management costs.
Get sample of report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=188374872
North America is estimated to lead the OpenStack service market in 2017
North America is estimated to account for the largest share of the OpenStack service market in 2017. The growth of the North America OpenStack service market is primarily driven by the high adoption rate of latest technologies, such as cloud computing, Big Data, IoT, and business intelligence tools, by organizations in this region. The presence of key market players, such as Cisco Systems (US), Dell EMC (US), HPE (US), IBM (US), Mirantis (US), Oracle (US), Rackspace (US), Red Hat (US), and VMware (US), has also contributed to the growth of the OpenStack service market in this region.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: [email protected]
OpenStack is managed by a non-profit foundation which seeks development in cloud computing.
Open stack is an open source software which can be modified by the source code within the organization.
Many enterprises have realized the significant cost savings over public and private cloud alternatives.
The open stack operates under four principles such as open source, open community, open development and open design.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/5778On the basis of vertical the segment is further classified into BFSI, IT & Telecommunication, manufacturing, retail, government, and others.
In the constant changing retail, Openstack helps developers to build new applications which helps to obtain a flexible infrastructure.
In October 2017, Walmart Inc. an American multinational retail corporation deployed an open stack cloud which is more than 100,000 cores to deliver the needs of e-commerce 3.0 initiatives for desktop, mobile and kiosk users.
Market Scenario:The global OpenStack service Market Share witnesses a constant revenue increase.
Moreover, the growing demand for organizing and managing heterogeneous storage and network resources in IT organizations escalates market growth.
OpenStack helps to automate cloud maintenance and benefits by providing a remote vision of other storage devices in the cloud.
Furthermore, the OpenStack platform's availability and easy deployment in increasing numbers of SMEs boost the market's growth.
Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/5778Competitive Outlook:Players leading the global OpenStack service market include Huawei (China), Canonical (UK), Cisco Systems (US), VMware (US), SUSE (Germany), Hewlett Packard Enterprise (US), Dell Inc. (US), Oracle Corporation (US), IBM Corporation (US), Rackspace (US), Red Hat (US), Mirantis (US), EasyStack (China), Platform9 Systems (US), Pactera Technology International Ltd. (China), Puppet (US), The Cloudscaling Group, Inc., (US), CDI LLC (US), Aptira (Australia), Techblue Software Private Limited (India), AQORN (US), Cyxtera Data Centers, Inc.(US), and Bright Computing (the Netherlands), among others.
Table of Contents:1 Executive Summary2 Scope of the Report2.1 Market Definition2.2 Scope of the Study2.2.1 Research objectives2.2.2 Assumptions & Limitations2.3 Markets StructureContinued….Browse Full Report Details @ https://www.marketresearchfuture.com/reports/openstack-service-market-5778List of TablesTable 1 Global Openstack Service Market: By Region, 2020-2027Table 2 North America Openstack Service Market: By Country, 2020-2027Table 3 Europe Openstack Service Market: By Country, 2020-2027Continued…List of FiguresFIGURE 1 Global Openstack Service Market SegmentationFIGURE 2 Forecast MethodologyFIGURE 3 Five Forces Analysis Of Global Openstack Service MarketContinued…Read More: https://www.evernote.com/shard/s663/sh/f6e21626-5d76-05da-beb8-2273cbd0306c/1b96b1182544d9fcb7555e18cc5169c9 Read More: https://telegra.ph/HPDA-Market-High-Performance-Data-Analytics--Growth-of-Company-market-overview-to-Uptick-During-Status-Expansion-Projected-and-F-07-06 About Market Research Future:Market Research Future (MRFR) has created a niche in the world of market research.
With the slowdown in world economic growth, the OpenStack Service industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, OpenStack Service market size to maintain the average annual growth rate of X% from XXXX million $ in 2014 to XXXX million $ in 2017, BisReport analysts believe that in the next few years, OpenStack Service market size will be further expanded, we expect that by 2022, The market size of the OpenStack Service will reach XXXX million $.Request a sample of this report @ http://www.orbisresearch.com/contacts/request-sample/2096561This Report covers the Major Players’ data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better.
This report also covers all the regions and countries of the world, which shows a regional development status, including market size.Besides, the report also covers segment data, including: type segment, industry segment etc.
Also cover different industries clients’ information, which is very important for the Major Players.Section 1: Free——DefinitionSection (2 3): 1200 USD——Major Player DetailCisco Systems (US)Dell EMC (US)HPE (US)IBM (US)Mirantis (US)Oracle (US)Rackspace (US)Red Hat (US)VMware (US)Canonical (UK)Huawei (China)SUSE (Germany)Browse the complete report @ http://www.orbisresearch.com/reports/index/global-openstack-service-market-report-2018Section 4: 900 USD——Region SegmentationNorth America Country (United States, Canada)South AmericaAsia Country (China, Japan, India, Korea)Europe Country (Germany, UK, France, Italy)Other Country (Middle East, Africa, GCC)Section (5 6): 500 USD——Type Segmentation (Solution, Service)Industry Segmentation (Small & Medium Enterprise, Large Enterprise)Section 7: 400 USD——Trend (2018-2022)Section 8: 300 USD—— Type DetailSection 9: 700 USD——Downstream ConsumerSection 10: 200 USD——Cost StructureSection 11: 500 USD——ConclusionPlace a purchase order of this report @ http://www.orbisresearch.com/contact/purchase/2096561About Us:Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements.
We have vast database of reports from the leading publishers and authors across the globe.
We specialize in delivering customized reports as per the requirements of our clients.
We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization.
