Global OpenStack Services Market: Report Analysis 2015-2019

Market definition of openstack services

This market is likely to witness substantial growth over the next four years and post a CAGR of more than 32% during this period. Enterprises demand fast deployment of software and services and need the flexibility for innovating and improvising on the same. At the same time, majority of the enterprises view cost effective options as a priority while migrating to newer business and technology models. OpenStack solutions that accommodate all of these are thus gaining popularity among enterprises. 

Majority of the end-users that have already adopted to cloud solutions are cited to be in need of a Hybrid IT environment as this becomes essential to reduce complexities associated with scrapping applications and also migrating applications to new technologies. Therefore customized services to attain the business objectives of the enterprises becomes essential for companies to wholly embrace OpenStack. These factors will continue to contribute to the double digit market during the forecast period.

OpenStack services by end-users

•     Academic research
•     Telecom
•     Information technology
•     Others

Emerging sectors such as BFSI and public sector that have embraced cloud technology are adopting new technologies to improve their efficiency. As per OpenStack user Survey results released in May 2015, the industry representation of OpenStack is observing a shift as non-IT industry users have risen by 10%.

Leading regions for the openstack services market

•     APAC
•     EMEA
•     Americas