This market research report provides calculations of market size and forecast based on revenues considered from consulting and training services, and deployment and system Integration. The research report discusses the market according to end-users such as academic research, telecom, information technology, and others. It provides market shares for APAC, EMEA, and Americas. The key vendor analysis includes the top players such as Cisco, Dell, HP, IBM, Rackspace, and Red Hat.
Technavio market research analysts estimate the global openstack services market to generate more than us $3 billion between 2015 and 2019, thanks to increased deployment of cloud-based services by enterprises. The OpenStack cloud technology is relatively new and higher growth of the OpenStack services is expected in the forecast period. The Americas dominates the OpenStack services market occupying 60% of the market share in 2014, closely followed by EMEA and APAC. Several emerging SMEs and start-ups are offering OpenStack services in the US, resulting in more strategic alliances.
The new market research analysis from Technavio provides a breakdown and analysis of the openstack services segments by technology.
OpenStack service providers provide consulting and integration services associated with the deployment of private, public, and hybrid clouds, and the migration of applications to the OpenStack Cloud.
OpenStack services are in high demand across multiple industry verticals. Enterprises have started adopting OpenStack software to evolve a feasible alternative to vendor-locked cloud deployments. For instance, BMW replaced its in-house private cloud-based platform and opted for OpenStack over commercial vendors to avoid vendor lock-ins. Moreover, these OpenStack services are
The IT sector is the key end-user and major revenue contributor to the global OpenStack services market, covering 64% of the market. Several enterprise IT companies are collaborating with OpenStack experts to build a public cloud on OpenStack. Also, BFSI and telecom sectors are increasingly adopting OpenStack services because of their cost-effectiveness and ability to meet customised requirements.
The rise of cloud computing worldwide has paved the way for cloud-based services, thus enabling conducive environment for open-source development. 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,” says Navin Rajendra, Lead Analyst, IT Hardware, Software, Services, Technavio research.
Cisco Systems, Dell, HP, IBM, Rackspace, Mirantis, and Red Hat are the key vendors in the global OpenStack services market. The market is expected to grow considerably with the entry of some pure-play and local vendors who compete with multinational cloud and software vendors.
A more detailed analysis is available in the Technavio report, Global OpenStack Services Market: Report Analysis 2015-2019.
https://www.technavio.com/%3Cp%3E%3Cu%3E%3Cstrong%3E%3Cem%3EWe%20can%20cu…
