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OpenStack Market Size, Share Global Analysis Report, 2020–2026
OpenStack Market By Deployment Mode (Private Cloud, Public Cloud, and Hybrid Cloud) and By End User (BFSI, Academic & Research, Retail & E-Commerce, IT, Telecommunication, Manufacturing, Government and Defense, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
[180+ Pages Report] According to the report published by Facts Factors, the global OpenStack market size was worth around USD 3.19 billion in 2019 and is predicted to grow to around USD 19.35 billion by 2026 with a compound annual growth rate (CAGR) of roughly 30% between 2020 and 2026. The report analyzes the global OpenStack market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the OpenStack market.
The OpenStack market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire OpenStack market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2016 – 2026.
Key Insights from Primary Research
- As per our analysis, the OpenStack market is set to grow annually at a rate of around 30%
- It was valued through primary research that the OpenStack market was valued at more than USD 3 Billion in 2019
- The rising deployment of the OpenStack cloud in the China region due to large vendor support and healthy startup communities has supported the Asia Pacific market growth
- Large investment by market participants in the European region such as Cloud VPS, Mirantis, and City Network has flourished in the Europe market
Key Recommendations from Analysts
- The public cloud division of cloud type segment is contributing significantly to the market growth along with this hybrid cloud is examined as one the most lucrative segment
- The market value for the year 2026 is estimated at USD 19.35 Billion
- Nubeliu, Whitestack, Telefonica, and Huawei are some of the companies taking initiatives to expand the consumer base of OpenStack in Latin America
- The Middle East and Africa (MEA) OpenStack market is growing due to various collaborations, partnerships, and ongoing innovations by top players in this region. For example, Saudi Telecom Company (STC) had signed a definite partnership agreement with Mirantis and NetApp to launch public cloud services powered by OpenStack in the MEA region
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the OpenStack industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the OpenStack industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the OpenStack market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the OpenStack industry. The OpenStack market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the OpenStack sector. Key strategic developments in the OpenStack market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the OpenStack market are appropriately highlighted in the report.
Asia Pacific is expected to hold a significant global OpenStack market share in the forecast period. The region is largely driven by the growing cloud adoption rate in developing countries along with less cost requirement for OpenStack deployment. Some of the major business drivers that are supporting the market growth accelerate the ability to innovate, avoids vendor lock-in, enhance operational efficiency, and public and private cloud networks powered by APIs (Application Programming Interfaces). China is showing a drastic shift towards OpenStack with a prominent rise of 6% in users. Other Asian countries with major contributions to the global market are India and Japan due to large deployment in the past two years. 99 Cloud and China Mobile are major OpenStack service providers in China that use OpenStack as an elementary platform for IoT and Network Functions Virtualization (NFV) applications.
The OpenStack market research report delivers an acute valuation and taxonomy of the OpenStack industry by practically splitting the market on the basis of different deployment modes, end users, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 3.19 Billion |
Projected Market Size in 2026 |
USD 19.35 Billion |
CAGR Growth Rate |
30% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Canonical, Huawei, Cisco Systems, SUSE, VMware, HPE, Oracle, Dell EMC, IBM Corporation, Red Hat, Rackspace, Mirantis, Platform9 Systems, EasyStack, and Bright Computing, and Others |
Key Segment |
By Deployment, End User, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The regional segmentation of the OpenStack industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the OpenStack industry is provided for the leading economies of the world.
The OpenStack market is segmented based on deployment mode and end user. On the basis of deployment mode segmentation, the market is classified into private cloud, public cloud, and hybrid cloud. In terms of end-user segmentation, the market is bifurcated into BFSI, academic & research, retail & E-Commerce, IT, telecommunication, manufacturing, government and defense, and others.
Prominent shareholders for the OpenStack market are
- Canonical
- Huawei
- Cisco Systems
- SUSE
- VMware
- HPE
- Oracle
- Dell EMC
- IBM Corporation
- Red Hat
- Rackspace
- Mirantis
- Platform9 Systems
- EasyStack
- Bright Computing among others
The taxonomy of the OpenStack industry by its scope and segmentation is as follows:
By Deployment Mode Segmentation Analysis (Customizable)
- Private Cloud
- Public Cloud
- Hybrid Cloud
By End User Segmentation Analysis (Customizable)
- BFSI
- Academic & Research
- Retail & E-Commerce
- Information Technology (IT)
- Telecommunication
- Manufacturing
- Government and Defence
- Others
Regional Segmentation Analysis (Customizable)
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table of Content
Industry Major Market Players
- Canonical
- Huawei
- Cisco Systems
- SUSE
- VMware
- HPE
- Oracle
- Dell EMC
- IBM Corporation
- Red Hat
- Rackspace
- Mirantis
- Platform9 Systems
- EasyStack
- Bright Computing among others
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