The openstack service market, at a 15.05% CAGR, is expected to grow from USD 7.646 billion in 2025 to USD 15.410 billion in 2030.
The growth of this market is majorly attributed to the rapid growth of cloud computing across all major regions. The growth of the cloud and increasing IT budgets across enterprises have been fueling the development of new technologies and applications significantly. Continuous development of new private and public clouds is increasing the demand for tools and resources to catalyze the process of development. This is increasing the demand for OpenStack services that offer managed tools and resources to the developers. This is augmenting the growth of the market.
This research study examines the current market trends related to demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases, and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the OpenStack service value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and more efficient understanding of the global OpenStack service market.
Major industry players profiled as part of the report are Red Hat, Inc., Canonical, Mirantis, Cisco Systems, Hewlett Packard Enterprise, SUSE, IBM, VMware, Rackspace, Huawei, and Oracle
Segmentation