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OpenStack Services Market - Technavio Presents Global Trends, Forecast & Growth Prospects
[September 16, 2015]

OpenStack Services Market - Technavio Presents Global Trends, Forecast & Growth Prospects


Technavio has published a new report on the global OpenStack services market, which is expected to grow at a CAGR of nearly 33% from 2015-2019.

OpenStack services market segmentation including end-user and geography

Technavio's report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different types of end-users, including IT, academic research, telecom, and others.

Additionally, analysts have segmented market projections by key geography, focusing on the Americas, EMEA, and the APAC region.

The new report by Technavio discusses network functions virtualization (NFV), which is a new and emerging concept among service providers, especially telecom providers that virtualize network functions such as firewalls, load balancers, and intrusion detection devices, instead of proprietary dedicated hardware.

"The need to handle workloads related with the deployments of new services has triggered a rise in the demand for OpenStack that supports NFV orchestration, and this trend is thus boosting the demand or OpenStack services in the market," says Faisal Ghaus, Vice President of Technavio.



OpenStack services: Market scope and calculation of market size

This report covers the present scenario and growth prospects for the global OpenStack services market from 2015-2019. To calculate the market size, we consider the revenue generated from OpenStack and related services.


Industry analysis includes:

  • Key Vendors:
    • Cisco (News - Alert)
    • Dell
    • HP
    • IBM
    • Rackspace
    • Red Hat
  • Market Growth Drivers:
    • Need for technical expertise
    • Interoperability issues
  • Market Challenges:
    • Release of new versions every six months
    • Lack of skilled professionals
  • Market Trends:
    • NFV support for OpenStack services
    • Prominence of managed services

View the global OpenStack services market report.

Technavio currently has more than 3000 market research reports on a huge range of topics, including 200+ reports on the cloud computing market:

If you are interested in more information, please contact our media team at [email protected].


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