OpenStack Services Market - Share, Growth & Industry Analysis

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margin: 60px 0px 20px 0' class='opacity-toggle'> <div class="flex rd-heading-section rd-banner"> <div class="flex container rd-header"> <div class="flex intro-info"> <h1 class="report-title"> OpenStack Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029) </h1> <p class="short-description"> Openstack Cloud Market is Segmented by Deployment Model (On-Cloud, On-Premise), End-User Industry (Information Technology, Telecommunication, Banking, and Financial Services, Academic, Retail/E-Commerce), and Geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments. </p> <div class="flex report-action-buttons">  </div> </div> <div class="purchase-report-section-desktop"> <div id="purchasesection" class="purchase-report-container"> <div class="buy-now-top-btns"> <p class='payment-discount-badge' style="display: none;"></p>  </div> <button type="button" value="Buy Now"id="clicked-on-buy-now" class='flex purchase-report-button buy-now-button'> <i style="color:#1B5B79;font-size: 20px;margin-right: 10px;" class="fa-solid fa-lock"></i> <span>Buy Now</span> </button> </div> <button class="executive-summary-button req-samplepopup main-download-samplebtn request-sample-button downloadSampleDesktopMobile" but-type="main-section-sample" data-toggle="modal" data-target="#downloadSampleModal" id="download-sample-top"> <i class="fa-solid fa-download" style="margin-right: 4px;"></i> Download Free PDF Now </button> </div> </div> <div class="bottom-shadow"></div> </div>   <div class="row breadcrumb text-center"> <a href="https://www.mordorintelligence.com" target="_blank"><span >Home</span></a> <i style="font-size: 12px;" class="fa-solid fa-chevron-right"></i> <a href="https://www.mordorintelligence.com/market-analysis" target="_blank"> <span>Market Analysis</span> </a> <i style="font-size: 12px;" class="fa-solid fa-chevron-right"></i>  <a href="https://www.mordorintelligence.com/market-analysis/technology-media-and-telecom" target="_blank"> <span> Technology, Media and Telecom Research </span> </a> <i style="font-size: 12px;" class="fa-solid fa-chevron-right"></i> <a href="https://www.mordorintelligence.com/market-analysis/information-technology" target="_blank"> <span> Information Technology Research </span> </a> <i style="font-size: 12px;" class="fa-solid fa-chevron-right"></i> <a href="https://www.mordorintelligence.com/market-analysis/it-software" target="_blank"> <span> IT Software Research </span> </a> <i style="font-size: 12px;" class="fa-solid fa-chevron-right"></i> <a href="https://www.mordorintelligence.com/market-analysis/development-and-testing-software" target="_blank"> <span> Development and Testing Software Research </span> </a> <i style="font-size: 12px;" class="fa-solid fa-chevron-right"></i> <a href="https://www.Mordorintelligence.com/industry-reports/openstack-services-market" target="_blank"> <span class="last notranslate">OpenStack Services Industry</span> </a> </div>  <div class="fixed-bottom-div"> <button class="go-to-toc">Table of Contents</button> <button class="download-btn-mobile req-samplepopup main-download-samplebtn downloadSampleDesktopMobile" data-toggle="modal" data-target="#downloadSampleModal" id="downloadsample-mobile"> <i class="fa fa-download" aria-hidden="true"></i> Download PDF </button> </div> <div class="flex container preview-rd-page"> <nav class="rd-page-navigation"> <ul class="main-nav-list"> <li> <span onclick="scrollToY(0, 1500, 'easeInOutQuint');" class="about-report-link" style='font-family: regular_semibold;'> About This Report </span>  <ul class="about-report-menu"> <li class="nav-links-rd" onclick="scrollToComponent(0)"> Market Snapshot </li> <li class="nav-links-rd" onclick="scrollToComponent(1)"> Market Overview </li> <li class="nav-links-rd" onclick="scrollToComponent(3)"> Key Market Trends </li> <li class="nav-links-rd" onclick="scrollToComponent(5)"> Competitive Landscape </li> <li class="nav-links-rd" onclick="scrollToComponent(6)"> Major Players </li> <li class="nav-links-rd" onclick="scrollToComponent(7)"> Recent Developments </li> </ul> </li> <li class="nav-links-rd" id="clicked-on-toc" style='font-family: regular_semibold;' onclick="scrollToComponent(9)"> Table of Contents </li> <li class="nav-links-rd" style='font-family: regular_semibold; margin-top:10px' onclick="scrollToComponent(10)"> SCOPE OF THE REPORT </li> <li class="nav-links-rd" style='font-family: regular_semibold; margin-top:10px' onclick="scrollToComponent(11)"> Frequently Asked Questions </li> </ul> <button style="height: 50px;" class="static-free-sample-btn req-samplepopup main-download-samplebtn rd-nav-lead-form downloadSampleDesktopMobile" but-type="main-section-sample" data-toggle="modal" data-target="#downloadSampleModal" id="download-sample-left"> <i class="fa-solid fa-download" style="margin-right: 4px;"></i> <span style="font-size: 16px; font-family: regular_bold; font-weight: bold;" class="cta-submit">Download PDF</span> </button> </nav> <div class="page-content"> <div class="flex first-second-components"> <div class="page-content_selectBox"> <h2 id="component-heading-1" class="component-heading"> OpenStack Services Market Size </h2> </div> <div id="component-1" class="flex component component-1"> <div class="market-summary-graph"> <picture title="" class="embed-code-context" oncontextmenu="sentReportDetailsToEmbedModal(`{"title":"OpenStack Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)","alt_text":"OpenStack Services Market Summary","imageDescription":"The OpenStack Services Market size is expected to reach USD 22.81 billion in 2024 and grow at a CAGR of 32.01% to reach USD 91.44 billion by 2029.","slug":"openstack-services-market","image":"https://s3.mordorintelligence.com/openstack-services-market/1701496071164_openstack-services-market_Market_Summary.webp","lang":"en"}`)" > <source type='image/webp' media="(min-width: 1500px)" srcset="https://s3.mordorintelligence.com/openstack-services-market/1701496071164_openstack-services-market_Market_Summary.webp"> <source type='image/webp' media="(min-width: 1220px)" srcset="https://s3.mordorintelligence.com/openstack-services-market/1701496071164_openstack-services-market_Market_Summary.webp"> <source type='image/webp' media="(min-width: 768px)" srcset="https://s3.mordorintelligence.com/openstack-services-market/1701496071164_openstack-services-market_Market_Summary.webp"> <source type='image/webp' media="(min-width: 1px)" srcset="https://s3.mordorintelligence.com/openstack-services-market/1701496071164_openstack-services-market_Market_Summary.webp"> <img class="rd-img market-size-graph" id="market-summary-graph-image" loading="lazy" width="300" height="390" style="object-fit: contain;" src="https://s3.mordorintelligence.com/openstack-services-market/1701496071164_openstack-services-market_Market_Summary.webp" alt="OpenStack Services Market Summary"> </picture> </div> <div class="overview-points-list"> <div> <div class="share-button-in-rd" id="share-button" data-target="#share-modal" data-toggle="modal" onclick="sentReportDetailsToShareModal(`{"title":"OpenStack Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)","lastUpdated":"2024-08-20T13:55:18.299Z","slug":"openstack-services-market","shortDescription":"Openstack Cloud Market is Segmented by Deployment Model (On-Cloud, On-Premise), End-User Industry (Information Technology, Telecommunication, Banking, and Financial Services, Academic, Retail/E-Commerce), and Geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.","metaDescription":"The OpenStack Services Market is expected to reach USD 22.81 billion in 2024 and grow at a CAGR of 32.01% to reach USD 91.44 billion by 2029. Cisco Systems, Inc., Red Hat, Inc., Hewlett Packard Enterprise Development LP, VMware, Inc. and Mirantis, Inc. are the major companies operating in this market.","marketSizeImage":"https://s3.mordorintelligence.com/openstack-services-market/1701496071164_openstack-services-market_Market_Summary.webp","shortTitle":"OpenStack Services Market","marketSnapshotUrl":"https://s3.mordorintelligence.com/production/openstack-services-market/market-snapshot.webp","lang":"en","titleToEmbed":"OpenStack Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)","alt_text":"OpenStack Services Market Summary","imageDescription":"The OpenStack Services Market size is expected to reach USD 22.81 billion in 2024 and grow at a CAGR of 32.01% to reach USD 91.44 billion by 2029."}`)" > <i style="color:#1B5B79" class="fa-solid fa-arrow-up-from-bracket"></i> <span>Share</span> </div> <div role="tooltip" class="share-view-tooltip"> Want to share this? Click here to share on social media or embed it on your website. </div> </div> <table style="width: 100%;"> <tbody> <tr class="flex overview-points text"> <td class="overview-label"> Study Period </td> <td class="overview-value"> 2019 - 2029 </td> </tr> <tr class="flex overview-points text"> <td class="overview-label"> Market Size (2024) </td> <td class="overview-value"> USD 22.81 Billion </td> </tr> <tr class="flex overview-points text"> <td class="overview-label"> Market Size (2029) </td> <td class="overview-value"> USD 91.44 Billion </td> </tr> <tr class="flex overview-points text"> <td class="overview-label"> CAGR (2024 - 2029) </td> <td class="overview-value"> 32.01 % </td> </tr> <tr class="flex overview-points text"> <td class="overview-label"> Fastest Growing Market </td> <td class="overview-value"> Asia Pacific </td> </tr> <tr class="flex overview-points text"> <td class="overview-label"> Largest Market </td> <td class="overview-value"> Asia Pacific </td> </tr> <tr class="flex overview-points text"> <td class="overview-label"> Market Concentration </td> <td class="overview-value"> Medium </td> </tr> <tr class="flex overview-points"> <td class="flex key-player-images"> <h3 class="snapshop-logos-title">Major Players</h3> <img title="" loading="lazy" class="rd-img embed-code-context market-players" oncontextmenu="sentReportDetailsToEmbedModal(`{"title":"OpenStack Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)","alt_text":"OpenStack Services Market Major Players","imageDescription":"Cisco Systems, Inc., Red Hat, Inc., Hewlett Packard Enterprise Development LP, VMware, Inc. and Mirantis, Inc. are the major companies operating in the OpenStack Services Market.","slug":"openstack-services-market","image":"https://s3.mordorintelligence.com/openstack-services-market/openstack-services-market_1595866943029_stack.webp","lang":"en"}`)" src="https://s3.mordorintelligence.com/openstack-services-market/openstack-services-market_1595866943029_stack.webp" style="object-fit: contain;" alt="OpenStack Services Market Major Players" width="250" height="141" /> <p class="major-player-disclaimer mt-1">*Disclaimer: Major Players sorted in no particular order</p> </td> </tr> </tbody> </table> </div> </div>  <script src="/fusion-charts/fusioncharts.js" defer></script> <script src="/fusion-charts/fusioncharts.theme.fusion.js" defer></script>  <script type="text/javascript" src="/express-js/interactive-market-chart.js" defer></script> <style> /* PAGE CTA STYLINGS */ .interactive-market-chart-banner{ display: none; 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The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.","full_description":null},"meta":{"tags":"OpenStack Services Market - Share, Growth & Industry Analysis","keywords":"OpenStack Services Market, OpenStack Services Market Size, OpenStack Services Market Share, OpenStack Services Market Analysis, OpenStack Services Market Trends, OpenStack Services Market Report, OpenStack Services Market Research, OpenStack Services Industry, OpenStack Services Industry Report","description":"The OpenStack Services Market is expected to reach USD 22.81 billion in 2024 and grow at a CAGR of 32.01% to reach USD 91.44 billion by 2029. Cisco Systems, Inc., Red Hat, Inc., Hewlett Packard Enterprise Development LP, VMware, Inc. and Mirantis, Inc. are the major companies operating in this market."},"content":{"table":null,"data":null,"new_toc_disclaimer":[true,true,true,"***In the final report, Asia, Australia, and New Zealand will be studied together as 'Asia Pacific' and Latin America and Middle East and Africa will be considered together as 'Rest of the World'"]},"picture":null,"price":{"single":4750,"team":5250,"corporate":8750},"meta_data":null,"is_published":true,"active":true,"related_ic":null,"promo_code":7,"title":"OpenStack Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)","short_title":"OpenStack Services Market","slug":"openstack-services-market","category_id":84,"sub_category_id":680,"tags":null,"geography":"Global","country":"Global","template":"preview-new-e","report_mode":"new","new_description":[{"order":0,"heading":"OpenStack Services Market Size","key_factors":[{"heading":"Study Period","type":"text","value":"2019 - 2029"},{"heading":"Base Year","type":"text","value":2023},{"heading":"Market Concentration","type":"text","value":"Medium"},{"heading":"Fastest Growing Market","type":"text","value":"Asia Pacific"},{"heading":"Largest Market","type":"text","value":"Asia Pacific"},{"heading":"CAGR","type":"text","value":"Equal-32.01","year1":"2024","year2":"2029"},{"heading":"CAGR value","type":"text","value":"Equal-32.01","year1":"2024","year2":"2029"},{"heading":"CAGR volume","type":"text","value":"","year1":"","year2":""},{"heading":"Market Parameter","value":"market size","volume":"","market_type":"Value"},{"heading":"Market Value Year 2","type":"text","year":2029,"value":"91.44 Billion USD"},{"heading":"Market Value Current Year","type":"text","year":2024,"value":"22.81 Billion USD"},{"heading":"Market Volume Year 2","type":"text","year":"","value":""},{"heading":"Market Volume Current Year","type":"text","year":"","value":""},{"heading":"Major Players","type":"images","value":[{"url":"https://s3.mordorintelligence.com/openstack-services-market/openstack-services-market_1595866943029_stack.webp","alt_text":"OpenStack Services Market Major Players","url30":null,"url50":null,"url75":null}]}],"image":[{"url":"https://s3.mordorintelligence.com/openstack-services-market/1701496071164_openstack-services-market_Market_Summary.webp","alt_text":"OpenStack Services Market Summary","width":null,"height":null}]},{"order":1,"heading":"OpenStack Services Market Analysis","description":"<p>The OpenStack Services Market size is estimated at USD 22.81 billion in 2024, and is expected to reach USD 91.44 billion by 2029, growing at a CAGR of 32.01% during the forecast period (2024-2029).</p><p>The growing adoption of the pay-as-you-go model and the cost-effective IT infrastructure development in a virtual environment (where every workload is taken care of by the cloud vendors) are certain factors expected to drive market growth for OpenStack services globally.</p>\n<ul>\n<li>Enterprises across the world are inclined towards the adoption of cloud services. Oracle Corporation, the cloud giant, has predicted that owing to the cloud-related service offerings, 80% of the enterprise business functions will move to the cloud by 2025. In recent years, cloud service providers have experienced huge revenues and profit gains due to their professional and other cloud services. Microsoft, one of the fastest-growing cloud service providers, registered a year-on-year growth of 31% in Azure and other cloud services in 2022.</li>\n<li>The growth of cloud and industrialized services and the decline of traditional data center outsourcing (DCO) indicate a massive shift toward hybrid cloud infrastructure services. This is expected to drive the shift toward cloud IaaS and hosting. Owing to its benefits, professional cloud deployment is expected to experience an improved demand for these market segments.</li>\n<li>Infrastructure-as-a-Service (IaaS) is considered the third (lowest) level in the spectrum of cloud services, where a vendor provides clients with solutions such as pay-as-you-go access to storage, servers, networking, and other computing resources in the cloud. IaaS hardware is usually offered and managed by the organization by an external provider.</li>\n<li>Moroever , October 2023 - Ironic has announced the launch of infrastructure operators to modify existing nodes using the “service steps” framework. Servicing allows operators to leverage steps, like you would for cleaning or customized deployments, to perform actions to modify deployed nodes in an ACTIVE state.</li>\n<li>OpenStack is a dynamic and open cloud-computing solution that needs to be upgraded regularly. The new functions & features are added regularly, and other old functions are removed. This high-dynamic range of functions may create challenges for market growth.</li>\n</ul>\n"},{"order":2,"heading":"OpenStack Services Industry Segmentation","description":"<p>OpenStack is an open-source platform that utilizes pooled virtual resources to build and manage private and public clouds. The tools that comprise the OpenStack platform, called projects, handle the core cloud-computing services of networking, computing, identity, storage, and image services. More than a dozen optional projects could also be bundled together to create unique, deployable clouds. As part of our market coverage, the adoption of OpenStack technologies is studied and categorized by deployment type, end users, and geographical coverage.</p>\n<p>The openstack services market is segmented by deployment model (on-cloud and on-premise), end-user industry (information technology, telecommunication, banking and financial services, academic, and retail/e-Commerce), and geography (North America, Europe, Asia-Pacific, and Rest of the World). The market sizes and forecasts are provided in terms of value in USD for all the above segments.</p>\n"},{"order":3,"heading":"OpenStack Services Market Trends","subheading":"Increasing use of OpenStack Services Across Telecommunication Sector is Driving the Market ","description":"<ul>\n<li>The telecom industry has observed extensive growth during the past few years. Telecommunication companies are encountering constant pressure to deliver innovative services at lower costs to retain their customers in the competitive market. It allows telecom companies to deply and manage their cloud infrastructure without the high costs associated with proprietary solutions. </li>\n<li>OpenStack is an open source system that allows private and public clouds to be built and managed through a pooling of virtual resources. The core clouds computing services, such as compute, networking, storage, identities and images are handled by tools that comprise the OpenStack platform 'projects'. This capability is crucial for telecom operators looking to enhance their service offerings and operational efficiency.</li>\n<li>As a base of choice for operators, OpenStack has been chosen as their Network Function Virtualization NFV. NFV with OpenStack has been chosen by a wide range of telecom operators and business leaders. AT&T, Bloomberg LP., China Mobile, Deutsche Telekom, Nippon Telegraph & Telephone Corporation, SK Telecom and Verizon are among them.</li>\n<li>Moreover, OpenStack, including workloads such as 5G, has been used to power the biggest mobile telecommunications network. The mobile network of China Mobile has over 3 million base stations and 800 million subscribers an With over 50,000 servers, the largest Network of NFV today is built by China Mobile using OpenStack.</li>\n</ul>\n","image":[{"s3_url":"https://s3.mordorintelligence.com/openstack-services-market/1720420361586-openstack-services-market-Global-5G-Connections-In-Billions-Forecast-2023-2027.png","url":"https://s3.mordorintelligence.com/openstack-services-market/1720420361586-openstack-services-market-Global-5G-Connections-In-Billions-Forecast-2023-2027.png","alt_text":"OpenStack Services MarketGlobal 5G Connections (In Billions) Forecast, 2023-2027","reseller_url":"https://s3.mordorintelligence.com/openstack-services-market/1720420361586-reseller-openstack-services-market-Global-5G-Connections-In-Billions-Forecast-2023-2027.png","width":null,"height":null}],"modal_heading":"Global 5G Connections (In Billions) Forecast, 2023-2027","alt_tag":"OpenStack Services MarketGlobal 5G Connections (In Billions) Forecast, 2023-2027","graph_type":"bar","modal_metric":"Billion ","source":"5G Americas","labels":true,"HOT_DATA":[["X","Y"],["2023","1.9"],["2024","2.8"],["2025*","3.8"],["2026*","4.9"],["2027*","5.9"]]},{"order":4,"subheading":"Asia-Pacific is Expected to Hold Significant Growth","description":"<ul>\n<li>The majority of hyperscale cloud and telecom organizations in China are taking charge of adopting OpenStack services across the Asia Pacific region. Citing the use of OpenStack by companies such as Tencent and China Mobile, the OSF said these companies play a critical role in the rapidly growing OpenStack market in Asia-Pacific.</li>\n<li>Tencent, the company behind the WeChat super app and hyperscale cloud supplier, has been using OpenStack to power its operations and public cloud services that are being used by different industries. Also, at China Mobile, OpenStack is being used to deliver public and private cloud services and its telecom cloud to power its next-generation telco network.</li>\n<li>Users throughout the region are combining OpenStack and Kubernetes to solve big open infrastructure problems. They're increasingly leveraging projects like Airship and StarlingX, using open, composable infrastructure to meet the demands of applications operating in the region.</li>\n<li>China, which is expected to account for almost half of the world's OpenStack deployments, has the third-highest number of members in the OSF, an organization comprising users and contributors to the open infrastructure projects piloted and hosted by the organization. China Mobile has created an automated testing platform dubbed AUTO with OpenStack as one of its primary cloud deployment technologies. With an emphasis on scalability and performance, AUTO extensively utilized the OpenStack SDK and pre-existing testing tools to evaluate and confirm the cloud deployment.</li>\n<li>Multiple Chinese companies contribute upstream to the StarlingX project, including 99cloud, China UnionPay, and FiberHome. For instance, the Electronic Commerce and Electronic Payment National Engineering Laboratory of China UnionPay has researched a secured edge infrastructure powered by StarlingX for a contactless payment use case; with the evolution of 5G, technologies such as Multi-Access Edge Computing (MEC), Media Cloud.</li>\n<li>Artificial Intelligence (AI) has strongly emerged along with rapid growth in 5G network infrastructure. The infrastructure itself must evolve as a cloud-native service to fully support the development. Korea-based SK Telecom has been developing cloud-native infrastructure technology for the past few years and actively participates in global projects both in OpenStack Foundation (OSF), especially the Airship project in OSF.</li>\n</ul>\n","image":[{"s3_url":"https://s3.mordorintelligence.com/openstack-services-market/1701506223731_openstack-services-market_OpenStack_Services_Market_-_Growth_Rate_by_Region_.png","url":"https://s3.mordorintelligence.com/openstack-services-market/1701506223731_openstack-services-market_OpenStack_Services_Market_-_Growth_Rate_by_Region_.png","alt_text":"OpenStack Services Market - Growth Rate by Region ","reseller_url":"https://s3.mordorintelligence.com/openstack-services-market/1720420361586-reseller-openstack-services-market-Global-5G-Connections-In-Billions-Forecast-2023-2027.png","width":null,"height":null}],"modal_heading":"OpenStack Services Market - Growth Rate by Region ","alt_tag":"OpenStack Services Market - Growth Rate by Region ","graph_type":"geography","modal_metric":"CAGR","source":"Mordor Intelligence","labels":true,"HOT_DATA":[["x","y"],["Asia","High"],["Oceania","High"],["North America","Medium"],["South America","Medium"],["Europe","High"],["Western Asia","Low"],["Africa","Low"],["Russia","N.A."]]},{"order":5,"heading":"OpenStack Services Industry Overview","description":"<p>The OpenStack Services Market is semi-consolidated due to the presence of significant players such as Cisco Systems, Inc., Red Hat, Inc., Hewlett Packard Enterprise Development LP, Mirantis, Inc., etc. The players in the market are frequently launching innovative solutions, forming partnerships, and mergers to increase their market share and expand their geographical presence.</p>\n<p>In June 203, Nokia and Red Hat, Inc., one of the leading global providers of open-source solutions, announced that they had agreed to tightly integrate Nokia’s core network applications with Red Hat Openstack Platform and Red Hat OpenShift. As part of the agreement, Nokia and Red Hat would jointly support and evolve existing Nokia Container Services (NCS) and Nokia CloudBand Infrastructure Software (CBIS) customers while developing a path to migrate to Red Hat’s platforms over time. Additionally, Nokia would leverage Red Hat’s infrastructure platforms to enable faster development and testing of Nokia’s extensive core network portfolio.</p>\n<p>In October 2022, RedHat announced the launch of OpenStack Platform 17 at the MWC Las Vegas event, covering a wide range of improvements with a focus on open hybrid cloud architectures that are meant to aid service providers as they construct expansive next-generation networks.</p>\n<p>In June 2022, Ericsson and Red Hat announced the partnership to deploy solutions, empowering service providers with an open platform that extended across a network for vEPC, 5G Core, IMS, OSS, and BSS. The team integrated Ericsson's network function solutions with Red Hat OpenShift and Red Hat OpenStack Platform.</p>\n","image":[{"url":"https://s3.mordorintelligence.com/openstack-services-market/openstack-services-market_1595866992449_stack1.webp","alt_text":"OpenStack Services Market Concentration","width":null,"height":null}]},{"order":6,"heading":"OpenStack Services Market Leaders","list":{"type":"COMPANIES","value":[{"title":"Cisco Systems, Inc.","redirect_url":"https://www.cisco.com/"},{"name":"","link":"","title":"Red Hat, Inc.","redirect_url":"https://www.redhat.com/"},{"name":"","link":"","title":"Hewlett Packard Enterprise Development LP","redirect_url":"https://www.hpe.com/"},{"name":"","link":"","title":"VMware, Inc.","redirect_url":"https://www.vmware.com/"},{"name":"","link":"","title":"Mirantis, Inc.","redirect_url":"https://www.mirantis.com/"}]}},{"order":7,"heading":"OpenStack Services Market News","description":"<ul>\n<li>October 2023 - UNICC is Partnered with Canonical, the publisher of Ubuntu and provider of open-source security, support and services, to build and deliver the secure private cloud environment for the UN system, offering advanced security and data sovereignty for the UN’s most sensitive data and software applications.</li>\n<li>September 2022: New telecom operator-focused capabilities introduced with the release of Red Hat's most recent version of its venerable OpenStack platform tighten the connection between it and the company's cloud-native OpenShift platform.</li>\n<li>June 2022: VEXXHOST Inc. announced the launch of Atmosphere, which is a new tool that can deploy a fully integrated OpenStack environment. Furthermore, the company has made the technology open source so that it benefits all of the users of the cloud-based infrastructure-as-a-service platform.</li>\n</ul>\n"},{"order":8,"heading":"Market Statistics","description":"","sections":[]}],"new_toc":[{"text":"INTRODUCTION","parent":null,"tags":[],"list":[{"text":"Study Assumptions and Market Definition","parent":null,"tags":[],"list":[],"location":"0_0"},{"text":"Scope of the Study","parent":null,"tags":[],"list":[],"location":"0_1"}],"location":"0"},{"text":"RESEARCH METHODOLOGY","parent":null,"tags":[],"list":[],"location":"1"},{"text":"EXECUTIVE SUMMARY","parent":null,"tags":[],"list":[],"location":"2"},{"text":"MARKET DYNAMICS","parent":null,"tags":[],"list":[{"text":"Market Overview","parent":null,"tags":[],"list":[],"location":"3_0"},{"text":"Industry Attractiveness - Porter's Five Forces Analysis","parent":null,"tags":[],"list":[{"text":"Bargaining Power of Suppliers","parent":null,"tags":[],"list":[],"location":"3_1_0"},{"text":"Bargaining Power of Consumers","parent":null,"tags":[],"list":[],"location":"3_1_1"},{"text":"Threat of New Entrants","parent":null,"tags":[],"list":[],"location":"3_1_2"},{"text":"Threat of Substitute Products","parent":null,"tags":[],"list":[],"location":"3_1_3"},{"text":"Intensity of Competitive Rivalry","parent":null,"tags":[],"list":[],"location":"3_1_4"}],"location":"3_1"},{"text":"Assessment on the Impact due to COVID-19","parent":null,"tags":[],"list":[],"location":"3_2"},{"text":"Market Drivers","parent":null,"tags":[],"list":[{"text":"Increasing Need for Organizations to Improve Their Business Agility and Efficiency","parent":null,"tags":[],"list":[],"location":"3_3_0"},{"text":"OpenStack Being Open Source Provides the Flexibility for Customized Solution","parent":null,"tags":[],"list":[],"location":"3_3_1"},{"text":"Increasing use of OpenStack Services in Telecommunication Sector","parent":null,"tags":[],"list":[],"location":"3_3_2"}],"location":"3_3"},{"text":"Market Restraints","parent":null,"tags":[],"list":[{"text":"Lack of Robustness that Enterprises Desire for Their Data Centers, Including IT Management Features, Such as Availability and Security","parent":null,"tags":[],"list":[],"location":"3_4_0"}],"location":"3_4"},{"text":"Technology Snapshot","parent":null,"tags":[],"list":[{"text":"Frameworks Utilized to Manage OpenStack Applications","parent":null,"tags":[],"list":[],"location":"3_5_0"},{"text":"Open Infrastructure Projects Hosted and Piloted by OpenStack Foundation","parent":null,"tags":[],"list":[],"location":"3_5_1"},{"text":"Use Cases of OpenStack Across Organizations","parent":null,"tags":[],"list":[],"location":"3_5_2"}],"location":"3_5"}],"location":"3"},{"text":"MARKET SEGMENTATION","parent":null,"tags":[],"list":[{"text":"By Deployment Model","parent":null,"tags":[],"list":[{"text":"On-Cloud","parent":null,"tags":[],"list":[],"location":"4_0_0"},{"text":"On-Premise","parent":null,"tags":[],"list":[],"location":"4_0_1"}],"location":"4_0"},{"text":"By End-user Industry","parent":null,"tags":[],"list":[{"text":"Information Technology","parent":null,"tags":[],"list":[],"location":"4_1_0"},{"text":"Telecommunication","parent":null,"tags":[],"list":[],"location":"4_1_1"},{"text":"Banking and Financial Services","parent":null,"tags":[],"list":[],"location":"4_1_2"},{"text":"Academic","parent":null,"tags":[],"list":[],"location":"4_1_3"},{"text":"Retail/E-Commerce","parent":null,"tags":[],"list":[],"location":"4_1_4"}],"location":"4_1"},{"text":"By Geography***","parent":null,"tags":[],"list":[{"text":"North America","parent":null,"tags":[],"list":[],"location":"4_2_0"},{"text":"Europe","parent":null,"tags":[],"list":[],"location":"4_2_1"},{"text":"Asia","parent":null,"tags":[],"list":[],"location":"4_2_2"},{"text":"Latin America","parent":null,"tags":[],"list":[],"location":"4_2_3"},{"text":"Middle East and Africa","parent":null,"tags":[],"list":[],"location":"4_2_4"}],"location":"4_2"}],"location":"4"},{"text":"COMPETITIVE LANDSCAPE","parent":null,"tags":[],"list":[{"text":"Company Profiles","parent":null,"tags":[],"list":[{"text":"Cisco Systems, Inc.","parent":null,"tags":[],"list":[],"location":"5_0_0"},{"text":"Red Hat, Inc.","parent":null,"tags":[],"list":[],"location":"5_0_1"},{"text":"Hewlett Packard Enterprise Development LP","parent":null,"tags":[],"list":[],"location":"5_0_2"},{"text":"VMware, Inc.","parent":null,"tags":[],"list":[],"location":"5_0_3"},{"text":"Mirantis, Inc.","parent":null,"tags":[],"list":[],"location":"5_0_4"},{"text":"Canonical Ltd.","parent":null,"tags":[],"list":[],"location":"5_0_5"},{"text":"Dell Inc.","parent":null,"tags":[],"list":[],"location":"5_0_6"},{"text":"Rackspace US, Inc.","parent":null,"tags":[],"list":[],"location":"5_0_7"},{"text":"Huawei Technologies Co., Ltd.","parent":null,"tags":[],"list":[],"location":"5_0_8"},{"text":"NetApp, Inc.","parent":null,"tags":[],"list":[],"location":"5_0_9"}],"location":"5_0"}],"location":"5"},{"text":"INVESTMENT ANALYSIS","parent":null,"tags":[],"list":[],"location":"6"},{"text":"FUTURE OF THE MARKET","parent":null,"tags":[],"list":[],"location":"7"}],"related_tags":["report_snapshot","market_size_snapshot","market_trends_snapshot","sticky_form","discount_with_price","companies_snapshot","market_share_snapshot"],"reseller":{"reseller_page_numbers":120,"reseller_days_required":2,"reseller_marked_for_exports":true},"id":71618,"__v":0,"faqs":[{"question":"How big is the OpenStack Services Market?","answer":"The OpenStack Services Market size is expected to reach USD 22.81 billion in 2024 and grow at a CAGR of 32.01% to reach USD 91.44 billion by 2029."},{"question":"What is the current OpenStack Services Market size?","answer":"In 2024, the OpenStack Services Market size is expected to reach USD 22.81 billion."},{"question":"Who are the key players in OpenStack Services Market?","answer":"Cisco Systems, Inc., Red Hat, Inc., Hewlett Packard Enterprise Development LP, VMware, Inc. and Mirantis, Inc. are the major companies operating in the OpenStack Services Market."},{"question":"Which is the fastest growing region in OpenStack Services Market?","answer":"Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029)."},{"question":"Which region has the biggest share in OpenStack Services Market?","answer":"In 2024, the Asia Pacific accounts for the largest market share in OpenStack Services Market."},{"question":"What years does this OpenStack Services Market cover, and what was the market size in 2023?","answer":"In 2023, the OpenStack Services Market size was estimated at USD 15.51 billion. The report covers the OpenStack Services Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the OpenStack Services Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029."}],"bestseller":false,"hub_id":null,"seo_text":"Statistics for the 2024 OpenStack Services market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. OpenStack Services analysis includes a market forecast outlook 2029 and historical overview. 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Telecom","category_slug":"technology-media-and-telecom","sub_category_name":"Information Technology","sub_category_slug":"information-technology","version":null}; window.category = {"title":"Technology, Media and Telecom","slug":"technology-media-and-telecom","id":84}; window.subCategoriesList = [{"title":"Automation","id":677},{"title":"Digital Commerce","id":678},{"title":"Electronics","id":679},{"title":"Information Technology","id":680},{"title":"Media and Entertainment","id":681},{"title":"Security & Surveillance","id":682},{"title":"Semiconductors","id":683},{"title":"Technology Scouting","id":684},{"title":"Telecom","id":685},{"title":"Testing, Inspection and Certification","id":686}]; </script> </div>  <div id="component-2" class="component component-2"> <h2 class="component-heading"> OpenStack Services Market Analysis </h2> <p>The OpenStack Services Market size is estimated at USD 22.81 billion in 2024, and is expected to reach USD 91.44 billion by 2029, growing at a CAGR of 32.01% during the forecast period (2024-2029).</p><p>The growing adoption of the pay-as-you-go model and the cost-effective IT infrastructure development in a virtual environment (where every workload is taken care of by the cloud vendors) are certain factors expected to drive market growth for OpenStack services globally.</p> <ul> <li>Enterprises across the world are inclined towards the adoption of cloud services. Oracle Corporation, the cloud giant, has predicted that owing to the cloud-related service offerings, 80% of the enterprise business functions will move to the cloud by 2025. In recent years, cloud service providers have experienced huge revenues and profit gains due to their professional and other cloud services. Microsoft, one of the fastest-growing cloud service providers, registered a year-on-year growth of 31% in Azure and other cloud services in 2022.</li> <li>The growth of cloud and industrialized services and the decline of traditional data center outsourcing (DCO) indicate a massive shift toward hybrid cloud infrastructure services. This is expected to drive the shift toward cloud IaaS and hosting. Owing to its benefits, professional cloud deployment is expected to experience an improved demand for these market segments.</li> <li>Infrastructure-as-a-Service (IaaS) is considered the third (lowest) level in the spectrum of cloud services, where a vendor provides clients with solutions such as pay-as-you-go access to storage, servers, networking, and other computing resources in the cloud. IaaS hardware is usually offered and managed by the organization by an external provider.</li> <li>Moroever , October 2023 - Ironic has announced the launch of infrastructure operators to modify existing nodes using the “service steps” framework. Servicing allows operators to leverage steps, like you would for cleaning or customized deployments, to perform actions to modify deployed nodes in an ACTIVE state.</li> <li>OpenStack is a dynamic and open cloud-computing solution that needs to be upgraded regularly. The new functions & features are added regularly, and other old functions are removed. This high-dynamic range of functions may create challenges for market growth.</li> </ul> </div>  <div id="component-4" class="component component-4"> <h2 class="component-heading"> OpenStack Services Market Trends </h2> <h3 class="component-subheading"> Increasing use of OpenStack Services Across Telecommunication Sector is Driving the Market </h3> <div class="component-5-subheading-desc"> <ul> <li>The telecom industry has observed extensive growth during the past few years. Telecommunication companies are encountering constant pressure to deliver innovative services at lower costs to retain their customers in the competitive market. It allows telecom companies to deply and manage their cloud infrastructure without the high costs associated with proprietary solutions. </li> <li>OpenStack is an open source system that allows private and public clouds to be built and managed through a pooling of virtual resources. The core clouds computing services, such as compute, networking, storage, identities and images are handled by tools that comprise the OpenStack platform 'projects'. This capability is crucial for telecom operators looking to enhance their service offerings and operational efficiency.</li> <li>As a base of choice for operators, OpenStack has been chosen as their Network Function Virtualization NFV. NFV with OpenStack has been chosen by a wide range of telecom operators and business leaders. AT&T, Bloomberg LP., China Mobile, Deutsche Telekom, Nippon Telegraph & Telephone Corporation, SK Telecom and Verizon are among them.</li> <li>Moreover, OpenStack, including workloads such as 5G, has been used to power the biggest mobile telecommunications network. The mobile network of China Mobile has over 3 million base stations and 800 million subscribers an With over 50,000 servers, the largest Network of NFV today is built by China Mobile using OpenStack.</li> </ul> </div> <div class="img-section"> <picture title="" class="embed-code-context" oncontextmenu="sentReportDetailsToEmbedModal(`{"title":"OpenStack Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)","alt_text":"OpenStack Services MarketGlobal 5G Connections (In Billions) Forecast, 2023-2027","imageDescription":"The telecom industry has observed extensive growth during the past few years. Telecommunication companies are encountering constant pressure to deliver innovative services at lower costs to retain their customers in the competitive market. It allows telecom companies to deply and manage their cloud infrastructure without the high costs associated with proprietary solutions.&nbsp;","slug":"openstack-services-market","image":"https://s3.mordorintelligence.com/openstack-services-market/1720420361586-openstack-services-market-Global-5G-Connections-In-Billions-Forecast-2023-2027.png","lang":"en"}`)"> <source type='image/webp' media="(min-width: 1500px)" srcset="https://s3.mordorintelligence.com/openstack-services-market/1720420361586-openstack-services-market-Global-5G-Connections-In-Billions-Forecast-2023-2027.png"> <source type='image/webp' media="(min-width: 1220px)" srcset="https://s3.mordorintelligence.com/openstack-services-market/1720420361586-openstack-services-market-Global-5G-Connections-In-Billions-Forecast-2023-2027.png"> <source type='image/webp' media="(min-width: 768px)" srcset="https://s3.mordorintelligence.com/openstack-services-market/1720420361586-openstack-services-market-Global-5G-Connections-In-Billions-Forecast-2023-2027.png"> <source type='image/webp' media="(min-width: 1px)" srcset="https://s3.mordorintelligence.com/openstack-services-market/1720420361586-openstack-services-market-Global-5G-Connections-In-Billions-Forecast-2023-2027.png"> <img loading="lazy" class="rd-img market-trends" src="https://s3.mordorintelligence.com/openstack-services-market/1720420361586-openstack-services-market-Global-5G-Connections-In-Billions-Forecast-2023-2027.png" width="750" height="378" style="object-fit: contain;" alt="OpenStack Services MarketGlobal 5G Connections (In Billions) Forecast, 2023-2027" > </picture> </div> <div class="customize-report-container downloadSampleDesktopMobile" data-toggle="modal" data-target="#downloadSampleModal" id="key-market-trends-download-sample"> <div class="customize-report-left"> <i class="fa-solid fa-download" style="margin-right: 4px;"></i> <span> Understand The Key Trends Shaping This Market </span> </div> <div class="customize-report-right cta-submit"> Download PDF </div> </div> </div> <div class="component-5"> <h3 class="component-subheading"> Asia-Pacific is Expected to Hold Significant Growth </h3> <div class="component-5-subheading-desc"> <ul> <li>The majority of hyperscale cloud and telecom organizations in China are taking charge of adopting OpenStack services across the Asia Pacific region. Citing the use of OpenStack by companies such as Tencent and China Mobile, the OSF said these companies play a critical role in the rapidly growing OpenStack market in Asia-Pacific.</li> <li>Tencent, the company behind the WeChat super app and hyperscale cloud supplier, has been using OpenStack to power its operations and public cloud services that are being used by different industries. Also, at China Mobile, OpenStack is being used to deliver public and private cloud services and its telecom cloud to power its next-generation telco network.</li> <li>Users throughout the region are combining OpenStack and Kubernetes to solve big open infrastructure problems. They're increasingly leveraging projects like Airship and StarlingX, using open, composable infrastructure to meet the demands of applications operating in the region.</li> <li>China, which is expected to account for almost half of the world's OpenStack deployments, has the third-highest number of members in the OSF, an organization comprising users and contributors to the open infrastructure projects piloted and hosted by the organization. China Mobile has created an automated testing platform dubbed AUTO with OpenStack as one of its primary cloud deployment technologies. With an emphasis on scalability and performance, AUTO extensively utilized the OpenStack SDK and pre-existing testing tools to evaluate and confirm the cloud deployment.</li> <li>Multiple Chinese companies contribute upstream to the StarlingX project, including 99cloud, China UnionPay, and FiberHome. For instance, the Electronic Commerce and Electronic Payment National Engineering Laboratory of China UnionPay has researched a secured edge infrastructure powered by StarlingX for a contactless payment use case; with the evolution of 5G, technologies such as Multi-Access Edge Computing (MEC), Media Cloud.</li> <li>Artificial Intelligence (AI) has strongly emerged along with rapid growth in 5G network infrastructure. The infrastructure itself must evolve as a cloud-native service to fully support the development. Korea-based SK Telecom has been developing cloud-native infrastructure technology for the past few years and actively participates in global projects both in OpenStack Foundation (OSF), especially the Airship project in OSF.</li> </ul> </div> <div class="img-section"> <picture title="" class="embed-code-context" oncontextmenu="sentReportDetailsToEmbedModal(`{"title":"OpenStack Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)","alt_text":"OpenStack Services Market - Growth Rate by Region ","imageDescription":"The majority of hyperscale cloud and telecom organizations in China are taking charge of adopting OpenStack services across the Asia Pacific region. Citing the use of OpenStack by companies such as Tencent and China Mobile, the OSF said these companies play a critical role in the rapidly growing OpenStack market in Asia-Pacific.","slug":"openstack-services-market","image":"https://s3.mordorintelligence.com/openstack-services-market/1701506223731_openstack-services-market_OpenStack_Services_Market_-_Growth_Rate_by_Region_.png","lang":"en"}`)"> <source type='image/webp' media="(min-width: 1500px)" srcset="https://s3.mordorintelligence.com/openstack-services-market/1701506223731_openstack-services-market_OpenStack_Services_Market_-_Growth_Rate_by_Region_.png"> <source type='image/webp' media="(min-width: 1220px)" srcset="https://s3.mordorintelligence.com/openstack-services-market/1701506223731_openstack-services-market_OpenStack_Services_Market_-_Growth_Rate_by_Region_.png"> <source type='image/webp' media="(min-width: 768px)" srcset="https://s3.mordorintelligence.com/openstack-services-market/1701506223731_openstack-services-market_OpenStack_Services_Market_-_Growth_Rate_by_Region_.png"> <source type='image/webp' media="(min-width: 1px)" srcset="https://s3.mordorintelligence.com/openstack-services-market/1701506223731_openstack-services-market_OpenStack_Services_Market_-_Growth_Rate_by_Region_.png"> <img loading="lazy" class="rd-img big-img market-trends" src="https://s3.mordorintelligence.com/openstack-services-market/1701506223731_openstack-services-market_OpenStack_Services_Market_-_Growth_Rate_by_Region_.png" width="730" height="360" style="object-fit: contain;" alt="OpenStack Services Market - Growth Rate by Region " > </picture> </div> <div class="customize-report-container downloadSampleDesktopMobile" data-toggle="modal" data-target="#downloadSampleModal" id="geography-trends-form"> <div class="customize-report-left"> <i class="fa-solid fa-download"></i> <span> Get Analysis on Important Geographic Markets </span> </div> <div class="customize-report-right cta-submit"> Download PDF </div> </div> </div> <div id="component-6" class="component sixth-seventh-components"> <h2 id="component-heading-6" class="component-heading"> OpenStack Services Industry Overview </h2> <p>The OpenStack Services Market is semi-consolidated due to the presence of significant players such as Cisco Systems, Inc., Red Hat, Inc., Hewlett Packard Enterprise Development LP, Mirantis, Inc., etc. The players in the market are frequently launching innovative solutions, forming partnerships, and mergers to increase their market share and expand their geographical presence.</p> <p>In June 203, Nokia and Red Hat, Inc., one of the leading global providers of open-source solutions, announced that they had agreed to tightly integrate Nokia’s core network applications with Red Hat Openstack Platform and Red Hat OpenShift. As part of the agreement, Nokia and Red Hat would jointly support and evolve existing Nokia Container Services (NCS) and Nokia CloudBand Infrastructure Software (CBIS) customers while developing a path to migrate to Red Hat’s platforms over time. Additionally, Nokia would leverage Red Hat’s infrastructure platforms to enable faster development and testing of Nokia’s extensive core network portfolio.</p> <p>In October 2022, RedHat announced the launch of OpenStack Platform 17 at the MWC Las Vegas event, covering a wide range of improvements with a focus on open hybrid cloud architectures that are meant to aid service providers as they construct expansive next-generation networks.</p> <p>In June 2022, Ericsson and Red Hat announced the partnership to deploy solutions, empowering service providers with an open platform that extended across a network for vEPC, 5G Core, IMS, OSS, and BSS. The team integrated Ericsson's network function solutions with Red Hat OpenShift and Red Hat OpenStack Platform.</p> <div class="flex"> <div id="component-7" class="component wrap-item key-players-list"> <h2 id="component-heading-7" class="component-heading"> OpenStack Services Market Leaders </h2> <ol> <li> <p>Cisco Systems, Inc.</p> </li> <li> <p>Red Hat, Inc.</p> </li> <li> <p>Hewlett Packard Enterprise Development LP</p> </li> <li> <p>VMware, Inc.</p> </li> <li> <p>Mirantis, Inc.</p> </li> </ol> <p class="major-player-disclaimer">*Disclaimer: Major Players sorted in no particular order</p> </div> <div class="wrap-item"> <picture title="" class="embed-code-context" oncontextmenu="sentReportDetailsToEmbedModal(`{"title":"OpenStack Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)","alt_text":"OpenStack Services Market Concentration","imageDescription":"The OpenStack Services Market is semi-consolidated due to the presence of significant players such as Cisco Systems, Inc., Red Hat, Inc., Hewlett Packard Enterprise Development LP, Mirantis, Inc., etc. The players in the market are frequently launching innovative solutions, forming partnerships, and mergers to increase their market share and expand their geographical presence.","slug":"openstack-services-market","image":"https://s3.mordorintelligence.com/openstack-services-market/openstack-services-market_1595866992449_stack1.webp","lang":"en"}`)"> <source type='image/webp' media="(min-width: 1500px)" srcset="https://s3.mordorintelligence.com/openstack-services-market/openstack-services-market_1595866992449_stack1.webp"> <source type='image/webp' media="(min-width: 1220px)" srcset="https://s3.mordorintelligence.com/openstack-services-market/openstack-services-market_1595866992449_stack1.webp"> <source type='image/webp' media="(min-width: 768px)" srcset="https://s3.mordorintelligence.com/openstack-services-market/openstack-services-market_1595866992449_stack1.webp"> <source type='image/webp' media="(min-width: 1px)" srcset="https://s3.mordorintelligence.com/openstack-services-market/openstack-services-market_1595866992449_stack1.webp"> <img loading="lazy" class="rd-img market-concentration" src="https://s3.mordorintelligence.com/openstack-services-market/openstack-services-market_1595866992449_stack1.webp" width="355" height="318" style="object-fit: contain;" alt="OpenStack Services Market Concentration"> </picture> </div> </div> <div class="market-concentration-download-btn downloadSampleDesktopMobile" but-type="main-section-sample" data-toggle="modal" data-target="#downloadSampleModal" id="market-concentration-download"> <div class="market-concentration-download-btn-left"> <i class="fa-regular fa-bookmark"></i> <span>Need More Details on Market Players and Competitors?</span> </span> </div> <div class="market-concentration-download-btn-right cta-submit">Download PDF</div> </div> </div> <div class="component extra-components"> <div id="component-8"> <h2 class="component-heading"> OpenStack Services Market News </h2> <ul> <li>October 2023 - UNICC is Partnered with Canonical, the publisher of Ubuntu and provider of open-source security, support and services, to build and deliver the secure private cloud environment for the UN system, offering advanced security and data sovereignty for the UN’s most sensitive data and software applications.</li> <li>September 2022: New telecom operator-focused capabilities introduced with the release of Red Hat's most recent version of its venerable OpenStack platform tighten the connection between it and the company's cloud-native OpenShift platform.</li> <li>June 2022: VEXXHOST Inc. announced the launch of Atmosphere, which is a new tool that can deploy a fully integrated OpenStack environment. Furthermore, the company has made the technology open source so that it benefits all of the users of the cloud-based infrastructure-as-a-service platform.</li> </ul> </div> </div> <div id="component-10" class="component customize-toc" data-target="#downloadSampleToc" data-toggle="modal"> <h2 class="component-heading toc-heading">OpenStack Services Market Report - Table of Contents</h2> <style> .customize-toc li { display: block; margin: 7px 0; } .customize-toc > ol > li > p { background-color: #f5f5f5; padding: 5px 5px 5px 15px;} .customize-toc > ol > li {margin-bottom: 15px;} </style><ol><li><p>1. INTRODUCTION</p><ol><li><p>1.1 Study Assumptions and Market Definition</p><li><p>1.2 Scope of the Study</p></ol></li><li><p>2. RESEARCH METHODOLOGY</p><li><p>3. EXECUTIVE SUMMARY</p><li><p>4. MARKET DYNAMICS</p><ol><li><p>4.1 Market Overview</p><li><p>4.2 Industry Attractiveness - Porter's Five Forces Analysis</p><ol><li><p>4.2.1 Bargaining Power of Suppliers</p><li><p>4.2.2 Bargaining Power of Consumers</p><li><p>4.2.3 Threat of New Entrants</p><li><p>4.2.4 Threat of Substitute Products</p><li><p>4.2.5 Intensity of Competitive Rivalry</p></ol></li><li><p>4.3 Assessment on the Impact due to COVID-19</p><li><p>4.4 Market Drivers</p><ol><li><p>4.4.1 Increasing Need for Organizations to Improve Their Business Agility and Efficiency</p><li><p>4.4.2 OpenStack Being Open Source Provides the Flexibility for Customized Solution</p><li><p>4.4.3 Increasing use of OpenStack Services in Telecommunication Sector</p></ol></li><li><p>4.5 Market Restraints</p><ol><li><p>4.5.1 Lack of Robustness that Enterprises Desire for Their Data Centers, Including IT Management Features, Such as Availability and Security</p></ol></li><li><p>4.6 Technology Snapshot</p><ol><li><p>4.6.1 Frameworks Utilized to Manage OpenStack Applications</p><li><p>4.6.2 Open Infrastructure Projects Hosted and Piloted by OpenStack Foundation</p><li><p>4.6.3 Use Cases of OpenStack Across Organizations</p></ol></li></ol></li><li><p>5. MARKET SEGMENTATION</p><ol><li><p>5.1 By Deployment Model</p><ol><li><p>5.1.1 On-Cloud</p><li><p>5.1.2 On-Premise</p></ol></li><li><p>5.2 By End-user Industry</p><ol><li><p>5.2.1 Information Technology</p><li><p>5.2.2 Telecommunication</p><li><p>5.2.3 Banking and Financial Services</p><li><p>5.2.4 Academic</p><li><p>5.2.5 Retail/E-Commerce</p></ol></li><li><p>5.3 By Geography***</p><ol><li><p>5.3.1 North America</p><li><p>5.3.2 Europe</p><li><p>5.3.3 Asia</p><li><p>5.3.4 Latin America</p><li><p>5.3.5 Middle East and Africa</p></ol></li></ol></li><li><p>6. COMPETITIVE LANDSCAPE</p><ol><li><p>6.1 Company Profiles</p><ol><li><p>6.1.1 Cisco Systems, Inc.</p><li><p>6.1.2 Red Hat, Inc.</p><li><p>6.1.3 Hewlett Packard Enterprise Development LP</p><li><p>6.1.4 VMware, Inc.</p><li><p>6.1.5 Mirantis, Inc.</p><li><p>6.1.6 Canonical Ltd.</p><li><p>6.1.7 Dell Inc.</p><li><p>6.1.8 Rackspace US, Inc.</p><li><p>6.1.9 Huawei Technologies Co., Ltd.</p><li><p>6.1.10 NetApp, Inc.</p></ol></li><li style='font-family:regular_semibold'>*List Not Exhaustive </li></ol></li><li><p>7. INVESTMENT ANALYSIS</p><li><p>8. FUTURE OF THE MARKET</p></ol> <div style='font-family: regular_semibold;'>**Subject to Availability</div> <div style='font-family: regular_semibold;'> ***In the final report, Asia, Australia, and New Zealand will be studied together as 'Asia Pacific' and Latin America and Middle East and Africa will be considered together as 'Rest of the World' </div> </div> <section class='price-breakup shares-button' data-toggle="modal" data-target="#customizeFrommodal" id="get-price-break-up"> <div class="price-breakup-left"> <i class="fa-regular fa-bookmark"></i> <span class="shares-heading">You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections</span> </div> <div class="price-breakup-right cta-submit"> Get Price Break-up Now </div> </section>  <div id="scope-of-the-report-bottom" class="component component-3"> <h2 class="component-heading"> OpenStack Services Industry Segmentation </h2> <p>OpenStack is an open-source platform that utilizes pooled virtual resources to build and manage private and public clouds. The tools that comprise the OpenStack platform, called projects, handle the core cloud-computing services of networking, computing, identity, storage, and image services. More than a dozen optional projects could also be bundled together to create unique, deployable clouds. As part of our market coverage, the adoption of OpenStack technologies is studied and categorized by deployment type, end users, and geographical coverage.</p> <p>The openstack services market is segmented by deployment model (on-cloud and on-premise), end-user industry (information technology, telecommunication, banking and financial services, academic, and retail/e-Commerce), and geography (North America, Europe, Asia-Pacific, and Rest of the World). The market sizes and forecasts are provided in terms of value in USD for all the above segments.</p> <style>.component-3 > table {display: block; overflow: auto; position: relative; } .component-3 td { width: 200px; vertical-align: top; padding: 3px 2px; white-space: initial; word-break: break-word; font-size: 14px; line-height: 14px; } .component-3 > table > tbody > tr > td { vertical-align: middle; }</style><table style='width:100%; background-color: rgba(25, 171, 255, 0.13); border-collapse: collapse; table-layout: fixed;'> <tbody> <tr> <td style='position: absolute; top: calc(50% - 13px)' rowspan=3> By Deployment Model </td> </tr><tr> <td></td> <td>On-Cloud</td> </tr><tr> <td></td> <td>On-Premise</td> </tr> </tbody> </table><style>.component-3 > table {display: block; overflow: auto; position: relative; } .component-3 td { width: 200px; vertical-align: top; padding: 3px 2px; white-space: initial; word-break: break-word; font-size: 14px; line-height: 14px; } .component-3 > table > tbody > tr > td { vertical-align: middle; }</style><table style='width:100%; background-color: rgba(25, 171, 255, 0.13); border-collapse: collapse; table-layout: fixed;'> <tbody> <tr> <td style='position: absolute; top: calc(50% - 13px)' rowspan=6> By End-user Industry </td> </tr><tr> <td></td> <td>Information Technology</td> </tr><tr> <td></td> <td>Telecommunication</td> </tr><tr> <td></td> <td>Banking and Financial Services</td> </tr><tr> <td></td> <td>Academic</td> </tr><tr> <td></td> <td>Retail/E-Commerce</td> </tr> </tbody> </table><style>.component-3 > table {display: block; overflow: auto; position: relative; } .component-3 td { width: 200px; vertical-align: top; padding: 3px 2px; white-space: initial; word-break: break-word; font-size: 14px; line-height: 14px; } .component-3 > table > tbody > tr > td { vertical-align: middle; }</style><table style='width:100%; background-color: rgba(25, 171, 255, 0.13); border-collapse: collapse; table-layout: fixed;'> <tbody> <tr> <td style='position: absolute; top: calc(50% - 13px)' rowspan=6> By Geography*** </td> </tr><tr> <td></td> <td>North America</td> </tr><tr> <td></td> <td>Europe</td> </tr><tr> <td></td> <td>Asia</td> </tr><tr> <td></td> <td>Latin America</td> </tr><tr> <td></td> <td>Middle East and Africa</td> </tr> </tbody> </table> <div class="customize-report-container" but-type="right-section-customize" data-toggle="modal" data-target="#customizeFrommodal" id="scopeof-the-report-customize"> <div class="customize-report-left"> <i class="fa-solid fa-pen-to-square"></i> <span>Need A Different Region Or Segment?</span> </div> <div class="customize-report-right cta-submit"> Customize Now </div> </div> </div>  <div class="accordion-section clearfix mt-3" id='faqs' aria-label="Question Accordions"> <h2 class='mb-3 component-heading'>OpenStack Services Market Research FAQs</h2> <div class="panel-group" id="accordion" > <div class="panel panel-default"> <div class="panel-heading accordion-toggle collapsed" data-toggle="collapse" data-parent="#accordion" data-target="#collapse0"> <h3 class="panel-title" style='color:rgb(44, 142, 191)'> How big is the OpenStack Services Market? </h3> </div> <div id="collapse0" class="panel-collapse collapse" aria-labelledby='heading0'> <div class="panel-body px-3 mb-3 mt-3"> <p style='font-size:15px'> The OpenStack Services Market size is expected to reach USD 22.81 billion in 2024 and grow at a CAGR of 32.01% to reach USD 91.44 billion by 2029.</p> </div> </div> </div> <div class="panel panel-default"> <div class="panel-heading accordion-toggle collapsed" data-toggle="collapse" data-parent="#accordion" data-target="#collapse1"> <h3 class="panel-title" style='color:rgb(44, 142, 191)'> What is the current OpenStack Services Market size? </h3> </div> <div id="collapse1" class="panel-collapse collapse" aria-labelledby='heading1'> <div class="panel-body px-3 mb-3 mt-3"> <p style='font-size:15px'> In 2024, the OpenStack Services Market size is expected to reach USD 22.81 billion.</p> </div> </div> </div> <div class="panel panel-default"> <div class="panel-heading accordion-toggle collapsed" data-toggle="collapse" data-parent="#accordion" data-target="#collapse2"> <h3 class="panel-title" style='color:rgb(44, 142, 191)'> Who are the key players in OpenStack Services Market? </h3> </div> <div id="collapse2" class="panel-collapse collapse" aria-labelledby='heading2'> <div class="panel-body px-3 mb-3 mt-3"> <p style='font-size:15px'> Cisco Systems, Inc., Red Hat, Inc., Hewlett Packard Enterprise Development LP, VMware, Inc. and Mirantis, Inc. are the major companies operating in the OpenStack Services Market.</p> </div> </div> </div> <div class="panel panel-default"> <div class="panel-heading accordion-toggle collapsed" data-toggle="collapse" data-parent="#accordion" data-target="#collapse3"> <h3 class="panel-title" style='color:rgb(44, 142, 191)'> Which is the fastest growing region in OpenStack Services Market? </h3> </div> <div id="collapse3" class="panel-collapse collapse" aria-labelledby='heading3'> <div class="panel-body px-3 mb-3 mt-3"> <p style='font-size:15px'> Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).</p> </div> </div> </div> <div class="panel panel-default"> <div class="panel-heading accordion-toggle collapsed" data-toggle="collapse" data-parent="#accordion" data-target="#collapse4"> <h3 class="panel-title" style='color:rgb(44, 142, 191)'> Which region has the biggest share in OpenStack Services Market? </h3> </div> <div id="collapse4" class="panel-collapse collapse" aria-labelledby='heading4'> <div class="panel-body px-3 mb-3 mt-3"> <p style='font-size:15px'> In 2024, the Asia Pacific accounts for the largest market share in OpenStack Services Market.</p> </div> </div> </div> <div class="panel panel-default"> <div class="panel-heading accordion-toggle collapsed" data-toggle="collapse" data-parent="#accordion" data-target="#collapse5"> <h3 class="panel-title" style='color:rgb(44, 142, 191)'> What years does this OpenStack Services Market cover, and what was the market size in 2023? </h3> </div> <div id="collapse5" class="panel-collapse collapse" aria-labelledby='heading5'> <div class="panel-body px-3 mb-3 mt-3"> <p style='font-size:15px'> In 2023, the OpenStack Services Market size was estimated at USD 15.51 billion. The report covers the OpenStack Services Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the OpenStack Services Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.</p> </div> </div> </div> </div> </div>   <div id="related-reports-section" style="padding-left: 0px;" class="container"> <h2 class='mb-1 component-heading related-reports-heading'>Our Best Selling Reports</h2> <ul class="list-group mb-3"> <li class="list-group-item"> <a href="https://www.mordorintelligence.com/industry-reports/global-air-freight-market" aria-label="know-more-about Air Freight Market" class='related-report-link' target='_blank' class="related-report-single-item"> Air Freight Market </a> </li> <li class="list-group-item"> <a href="https://www.mordorintelligence.com/industry-reports/drug-discovery-market" aria-label="know-more-about Drug Discovery Market" class='related-report-link' target='_blank' class="related-report-single-item"> Drug Discovery Market </a> </li> <li class="list-group-item"> <a href="https://www.mordorintelligence.com/industry-reports/food-packaging-market" aria-label="know-more-about Food Packaging Market" class='related-report-link' target='_blank' class="related-report-single-item"> Food Packaging Market </a> </li> <li class="list-group-item"> <a href="https://www.mordorintelligence.com/industry-reports/middle-east-and-africa-pulp-and-paper-industry" aria-label="know-more-about Middle East And Africa Pulp And Paper Industry" class='related-report-link' target='_blank' class="related-report-single-item"> Middle East And Africa Pulp And Paper Industry </a> </li> <li class="list-group-item"> <a href="https://www.mordorintelligence.com/industry-reports/non-alcoholic-beverage-market" aria-label="know-more-about Non-Alcoholic Beverages Market" class='related-report-link' target='_blank' class="related-report-single-item"> Non-Alcoholic Beverages Market </a> </li> <li class="list-group-item"> <a href="https://www.mordorintelligence.com/industry-reports/north-america-bicycle-market" aria-label="know-more-about North America Bicycle Market" class='related-report-link' target='_blank' class="related-report-single-item"> North America Bicycle Market </a> </li> <li class="list-group-item"> <a href="https://www.mordorintelligence.com/industry-reports/middle-east-paints-and-coatings-market" aria-label="know-more-about Paint and Coatings Market in Middle East" class='related-report-link' target='_blank' class="related-report-single-item"> Paint and Coatings Market in Middle East </a> </li> <li class="list-group-item"> <a href="https://www.mordorintelligence.com/industry-reports/residential-real-estate-market-in-mexico" aria-label="know-more-about Residential Real Estate Market In Mexico" class='related-report-link' target='_blank' class="related-report-single-item"> Residential Real Estate Market In Mexico </a> </li> <li class="list-group-item"> <a href="https://www.mordorintelligence.com/industry-reports/stevia-market" aria-label="know-more-about Stevia Market" class='related-report-link' target='_blank' class="related-report-single-item"> Stevia Market </a> </li> <li class="list-group-item"> <a href="https://www.mordorintelligence.com/industry-reports/veterinary-medicine-market" aria-label="know-more-about Veterinary Drugs Market" class='related-report-link' target='_blank' class="related-report-single-item"> Veterinary Drugs Market </a> </li> </ul> </div>  <div id="seo-text-section"> <h2 class='mb-3 component-heading mt-3' style="text-transform: capitalize;"> OpenStack Services Industry Report </h2> <p> Statistics for the 2024 OpenStack Services market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. OpenStack Services analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download. </p> </div>  <div style="width:100%" class="demo-class"> <h2 class='mb-1 component-heading related-reports-heading' style=" margin-top:20px"> OpenStack Services Market Report Snapshots</h2> <ul class="list-group mb-3"> <li class="list-group-item"> <a href="https://www.mordorintelligence.com/industry-reports/openstack-services-market/market-size" rel="" aria-label="OpenStack Services Market Size" class='related-report-link' class="related-report-single-item"> OpenStack Services Market Size </a> </li> <li class="list-group-item"> <a href="https://www.mordorintelligence.com/industry-reports/openstack-services-market/market-share" rel="" aria-label="OpenStack Services Market Share" class='related-report-link' class="related-report-single-item"> OpenStack Services Market Share </a> </li> <li class="list-group-item"> <a href="https://www.mordorintelligence.com/industry-reports/openstack-services-market/market-trends" rel="" aria-label="OpenStack Services Market Trends" class='related-report-link' class="related-report-single-item"> OpenStack Services Market Trends </a> </li> <li class="list-group-item"> <a href="https://www.mordorintelligence.com/industry-reports/openstack-services-market/companies" rel="" class='related-report-link' aria-label="OpenStack Services Companies" class="related-report-single-item"> OpenStack Services Companies </a> </li> </ul> </div>  <i class="close-fixed-customize-form fa-solid fa-xmark"></i> <div class="fixed-customize-form"> <span style='color:white; margin:20px 0' class="fixed-customize-form-title"> <span>80% </span>of our clients seek made-to-order reports. 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The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.","full_description":null},"meta":{"tags":"OpenStack Services Market - Share, Growth & Industry Analysis","keywords":"OpenStack Services Market, OpenStack Services Market Size, OpenStack Services Market Share, OpenStack Services Market Analysis, OpenStack Services Market Trends, OpenStack Services Market Report, OpenStack Services Market Research, OpenStack Services Industry, OpenStack Services Industry Report","description":"The OpenStack Services Market is expected to reach USD 22.81 billion in 2024 and grow at a CAGR of 32.01% to reach USD 91.44 billion by 2029. Cisco Systems, Inc., Red Hat, Inc., Hewlett Packard Enterprise Development LP, VMware, Inc. and Mirantis, Inc. are the major companies operating in this market."},"content":{"table":null,"data":null,"new_toc_disclaimer":[true,true,true,"***In the final report, Asia, Australia, and New Zealand will be studied together as 'Asia Pacific' and Latin America and Middle East and Africa will be considered together as 'Rest of the World'"]},"picture":null,"price":{"single":4750,"team":5250,"corporate":8750},"meta_data":null,"is_published":true,"active":true,"related_ic":null,"promo_code":7,"title":"OpenStack Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)","short_title":"OpenStack Services Market","slug":"openstack-services-market","category_id":84,"sub_category_id":680,"tags":null,"geography":"Global","country":"Global","template":"preview-new-e","report_mode":"new","new_description":[{"order":0,"heading":"OpenStack Services Market Size","key_factors":[{"heading":"Study Period","type":"text","value":"2019 - 2029"},{"heading":"Base Year","type":"text","value":2023},{"heading":"Market Concentration","type":"text","value":"Medium"},{"heading":"Fastest Growing Market","type":"text","value":"Asia Pacific"},{"heading":"Largest Market","type":"text","value":"Asia Pacific"},{"heading":"CAGR","type":"text","value":"Equal-32.01","year1":"2024","year2":"2029"},{"heading":"CAGR value","type":"text","value":"Equal-32.01","year1":"2024","year2":"2029"},{"heading":"CAGR volume","type":"text","value":"","year1":"","year2":""},{"heading":"Market Parameter","value":"market size","volume":"","market_type":"Value"},{"heading":"Market Value Year 2","type":"text","year":2029,"value":"91.44 Billion USD"},{"heading":"Market Value Current Year","type":"text","year":2024,"value":"22.81 Billion USD"},{"heading":"Market Volume Year 2","type":"text","year":"","value":""},{"heading":"Market Volume Current Year","type":"text","year":"","value":""},{"heading":"Major Players","type":"images","value":[{"url":"https://s3.mordorintelligence.com/openstack-services-market/openstack-services-market_1595866943029_stack.webp","alt_text":"OpenStack Services Market Major Players","url30":null,"url50":null,"url75":null}]}],"image":[{"url":"https://s3.mordorintelligence.com/openstack-services-market/1701496071164_openstack-services-market_Market_Summary.webp","alt_text":"OpenStack Services Market Summary","width":null,"height":null}]},{"order":1,"heading":"OpenStack Services Market Analysis","description":"<p>The OpenStack Services Market size is estimated at USD 22.81 billion in 2024, and is expected to reach USD 91.44 billion by 2029, growing at a CAGR of 32.01% during the forecast period (2024-2029).</p><p>The growing adoption of the pay-as-you-go model and the cost-effective IT infrastructure development in a virtual environment (where every workload is taken care of by the cloud vendors) are certain factors expected to drive market growth for OpenStack services globally.</p>\n<ul>\n<li>Enterprises across the world are inclined towards the adoption of cloud services. Oracle Corporation, the cloud giant, has predicted that owing to the cloud-related service offerings, 80% of the enterprise business functions will move to the cloud by 2025. In recent years, cloud service providers have experienced huge revenues and profit gains due to their professional and other cloud services. Microsoft, one of the fastest-growing cloud service providers, registered a year-on-year growth of 31% in Azure and other cloud services in 2022.</li>\n<li>The growth of cloud and industrialized services and the decline of traditional data center outsourcing (DCO) indicate a massive shift toward hybrid cloud infrastructure services. This is expected to drive the shift toward cloud IaaS and hosting. Owing to its benefits, professional cloud deployment is expected to experience an improved demand for these market segments.</li>\n<li>Infrastructure-as-a-Service (IaaS) is considered the third (lowest) level in the spectrum of cloud services, where a vendor provides clients with solutions such as pay-as-you-go access to storage, servers, networking, and other computing resources in the cloud. IaaS hardware is usually offered and managed by the organization by an external provider.</li>\n<li>Moroever , October 2023 - Ironic has announced the launch of infrastructure operators to modify existing nodes using the “service steps” framework. Servicing allows operators to leverage steps, like you would for cleaning or customized deployments, to perform actions to modify deployed nodes in an ACTIVE state.</li>\n<li>OpenStack is a dynamic and open cloud-computing solution that needs to be upgraded regularly. The new functions & features are added regularly, and other old functions are removed. This high-dynamic range of functions may create challenges for market growth.</li>\n</ul>\n"},{"order":2,"heading":"OpenStack Services Industry Segmentation","description":"<p>OpenStack is an open-source platform that utilizes pooled virtual resources to build and manage private and public clouds. The tools that comprise the OpenStack platform, called projects, handle the core cloud-computing services of networking, computing, identity, storage, and image services. More than a dozen optional projects could also be bundled together to create unique, deployable clouds. As part of our market coverage, the adoption of OpenStack technologies is studied and categorized by deployment type, end users, and geographical coverage.</p>\n<p>The openstack services market is segmented by deployment model (on-cloud and on-premise), end-user industry (information technology, telecommunication, banking and financial services, academic, and retail/e-Commerce), and geography (North America, Europe, Asia-Pacific, and Rest of the World). The market sizes and forecasts are provided in terms of value in USD for all the above segments.</p>\n"},{"order":3,"heading":"OpenStack Services Market Trends","subheading":"Increasing use of OpenStack Services Across Telecommunication Sector is Driving the Market ","description":"<ul>\n<li>The telecom industry has observed extensive growth during the past few years. Telecommunication companies are encountering constant pressure to deliver innovative services at lower costs to retain their customers in the competitive market. It allows telecom companies to deply and manage their cloud infrastructure without the high costs associated with proprietary solutions. </li>\n<li>OpenStack is an open source system that allows private and public clouds to be built and managed through a pooling of virtual resources. The core clouds computing services, such as compute, networking, storage, identities and images are handled by tools that comprise the OpenStack platform 'projects'. This capability is crucial for telecom operators looking to enhance their service offerings and operational efficiency.</li>\n<li>As a base of choice for operators, OpenStack has been chosen as their Network Function Virtualization NFV. NFV with OpenStack has been chosen by a wide range of telecom operators and business leaders. AT&T, Bloomberg LP., China Mobile, Deutsche Telekom, Nippon Telegraph & Telephone Corporation, SK Telecom and Verizon are among them.</li>\n<li>Moreover, OpenStack, including workloads such as 5G, has been used to power the biggest mobile telecommunications network. The mobile network of China Mobile has over 3 million base stations and 800 million subscribers an With over 50,000 servers, the largest Network of NFV today is built by China Mobile using OpenStack.</li>\n</ul>\n","image":[{"s3_url":"https://s3.mordorintelligence.com/openstack-services-market/1720420361586-openstack-services-market-Global-5G-Connections-In-Billions-Forecast-2023-2027.png","url":"https://s3.mordorintelligence.com/openstack-services-market/1720420361586-openstack-services-market-Global-5G-Connections-In-Billions-Forecast-2023-2027.png","alt_text":"OpenStack Services MarketGlobal 5G Connections (In Billions) Forecast, 2023-2027","reseller_url":"https://s3.mordorintelligence.com/openstack-services-market/1720420361586-reseller-openstack-services-market-Global-5G-Connections-In-Billions-Forecast-2023-2027.png","width":null,"height":null}],"modal_heading":"Global 5G Connections (In Billions) Forecast, 2023-2027","alt_tag":"OpenStack Services MarketGlobal 5G Connections (In Billions) Forecast, 2023-2027","graph_type":"bar","modal_metric":"Billion ","source":"5G Americas","labels":true,"HOT_DATA":[["X","Y"],["2023","1.9"],["2024","2.8"],["2025*","3.8"],["2026*","4.9"],["2027*","5.9"]]},{"order":4,"subheading":"Asia-Pacific is Expected to Hold Significant Growth","description":"<ul>\n<li>The majority of hyperscale cloud and telecom organizations in China are taking charge of adopting OpenStack services across the Asia Pacific region. Citing the use of OpenStack by companies such as Tencent and China Mobile, the OSF said these companies play a critical role in the rapidly growing OpenStack market in Asia-Pacific.</li>\n<li>Tencent, the company behind the WeChat super app and hyperscale cloud supplier, has been using OpenStack to power its operations and public cloud services that are being used by different industries. Also, at China Mobile, OpenStack is being used to deliver public and private cloud services and its telecom cloud to power its next-generation telco network.</li>\n<li>Users throughout the region are combining OpenStack and Kubernetes to solve big open infrastructure problems. They're increasingly leveraging projects like Airship and StarlingX, using open, composable infrastructure to meet the demands of applications operating in the region.</li>\n<li>China, which is expected to account for almost half of the world's OpenStack deployments, has the third-highest number of members in the OSF, an organization comprising users and contributors to the open infrastructure projects piloted and hosted by the organization. China Mobile has created an automated testing platform dubbed AUTO with OpenStack as one of its primary cloud deployment technologies. With an emphasis on scalability and performance, AUTO extensively utilized the OpenStack SDK and pre-existing testing tools to evaluate and confirm the cloud deployment.</li>\n<li>Multiple Chinese companies contribute upstream to the StarlingX project, including 99cloud, China UnionPay, and FiberHome. For instance, the Electronic Commerce and Electronic Payment National Engineering Laboratory of China UnionPay has researched a secured edge infrastructure powered by StarlingX for a contactless payment use case; with the evolution of 5G, technologies such as Multi-Access Edge Computing (MEC), Media Cloud.</li>\n<li>Artificial Intelligence (AI) has strongly emerged along with rapid growth in 5G network infrastructure. The infrastructure itself must evolve as a cloud-native service to fully support the development. Korea-based SK Telecom has been developing cloud-native infrastructure technology for the past few years and actively participates in global projects both in OpenStack Foundation (OSF), especially the Airship project in OSF.</li>\n</ul>\n","image":[{"s3_url":"https://s3.mordorintelligence.com/openstack-services-market/1701506223731_openstack-services-market_OpenStack_Services_Market_-_Growth_Rate_by_Region_.png","url":"https://s3.mordorintelligence.com/openstack-services-market/1701506223731_openstack-services-market_OpenStack_Services_Market_-_Growth_Rate_by_Region_.png","alt_text":"OpenStack Services Market - Growth Rate by Region ","reseller_url":"https://s3.mordorintelligence.com/openstack-services-market/1720420361586-reseller-openstack-services-market-Global-5G-Connections-In-Billions-Forecast-2023-2027.png","width":null,"height":null}],"modal_heading":"OpenStack Services Market - Growth Rate by Region ","alt_tag":"OpenStack Services Market - Growth Rate by Region ","graph_type":"geography","modal_metric":"CAGR","source":"Mordor Intelligence","labels":true,"HOT_DATA":[["x","y"],["Asia","High"],["Oceania","High"],["North America","Medium"],["South America","Medium"],["Europe","High"],["Western Asia","Low"],["Africa","Low"],["Russia","N.A."]]},{"order":5,"heading":"OpenStack Services Industry Overview","description":"<p>The OpenStack Services Market is semi-consolidated due to the presence of significant players such as Cisco Systems, Inc., Red Hat, Inc., Hewlett Packard Enterprise Development LP, Mirantis, Inc., etc. The players in the market are frequently launching innovative solutions, forming partnerships, and mergers to increase their market share and expand their geographical presence.</p>\n<p>In June 203, Nokia and Red Hat, Inc., one of the leading global providers of open-source solutions, announced that they had agreed to tightly integrate Nokia’s core network applications with Red Hat Openstack Platform and Red Hat OpenShift. As part of the agreement, Nokia and Red Hat would jointly support and evolve existing Nokia Container Services (NCS) and Nokia CloudBand Infrastructure Software (CBIS) customers while developing a path to migrate to Red Hat’s platforms over time. Additionally, Nokia would leverage Red Hat’s infrastructure platforms to enable faster development and testing of Nokia’s extensive core network portfolio.</p>\n<p>In October 2022, RedHat announced the launch of OpenStack Platform 17 at the MWC Las Vegas event, covering a wide range of improvements with a focus on open hybrid cloud architectures that are meant to aid service providers as they construct expansive next-generation networks.</p>\n<p>In June 2022, Ericsson and Red Hat announced the partnership to deploy solutions, empowering service providers with an open platform that extended across a network for vEPC, 5G Core, IMS, OSS, and BSS. The team integrated Ericsson's network function solutions with Red Hat OpenShift and Red Hat OpenStack Platform.</p>\n","image":[{"url":"https://s3.mordorintelligence.com/openstack-services-market/openstack-services-market_1595866992449_stack1.webp","alt_text":"OpenStack Services Market Concentration","width":null,"height":null}]},{"order":6,"heading":"OpenStack Services Market Leaders","list":{"type":"COMPANIES","value":[{"title":"Cisco Systems, Inc.","redirect_url":"https://www.cisco.com/"},{"name":"","link":"","title":"Red Hat, Inc.","redirect_url":"https://www.redhat.com/"},{"name":"","link":"","title":"Hewlett Packard Enterprise Development LP","redirect_url":"https://www.hpe.com/"},{"name":"","link":"","title":"VMware, Inc.","redirect_url":"https://www.vmware.com/"},{"name":"","link":"","title":"Mirantis, Inc.","redirect_url":"https://www.mirantis.com/"}]}},{"order":7,"heading":"OpenStack Services Market News","description":"<ul>\n<li>October 2023 - UNICC is Partnered with Canonical, the publisher of Ubuntu and provider of open-source security, support and services, to build and deliver the secure private cloud environment for the UN system, offering advanced security and data sovereignty for the UN’s most sensitive data and software applications.</li>\n<li>September 2022: New telecom operator-focused capabilities introduced with the release of Red Hat's most recent version of its venerable OpenStack platform tighten the connection between it and the company's cloud-native OpenShift platform.</li>\n<li>June 2022: VEXXHOST Inc. announced the launch of Atmosphere, which is a new tool that can deploy a fully integrated OpenStack environment. Furthermore, the company has made the technology open source so that it benefits all of the users of the cloud-based infrastructure-as-a-service platform.</li>\n</ul>\n"},{"order":8,"heading":"Market Statistics","description":"","sections":[]}],"new_toc":[{"text":"INTRODUCTION","parent":null,"tags":[],"list":[{"text":"Study Assumptions and Market Definition","parent":null,"tags":[],"list":[],"location":"0_0"},{"text":"Scope of the Study","parent":null,"tags":[],"list":[],"location":"0_1"}],"location":"0"},{"text":"RESEARCH METHODOLOGY","parent":null,"tags":[],"list":[],"location":"1"},{"text":"EXECUTIVE SUMMARY","parent":null,"tags":[],"list":[],"location":"2"},{"text":"MARKET DYNAMICS","parent":null,"tags":[],"list":[{"text":"Market Overview","parent":null,"tags":[],"list":[],"location":"3_0"},{"text":"Industry Attractiveness - Porter's Five Forces Analysis","parent":null,"tags":[],"list":[{"text":"Bargaining Power of Suppliers","parent":null,"tags":[],"list":[],"location":"3_1_0"},{"text":"Bargaining Power of Consumers","parent":null,"tags":[],"list":[],"location":"3_1_1"},{"text":"Threat of New Entrants","parent":null,"tags":[],"list":[],"location":"3_1_2"},{"text":"Threat of Substitute Products","parent":null,"tags":[],"list":[],"location":"3_1_3"},{"text":"Intensity of Competitive Rivalry","parent":null,"tags":[],"list":[],"location":"3_1_4"}],"location":"3_1"},{"text":"Assessment on the Impact due to COVID-19","parent":null,"tags":[],"list":[],"location":"3_2"},{"text":"Market Drivers","parent":null,"tags":[],"list":[{"text":"Increasing Need for Organizations to Improve Their Business Agility and Efficiency","parent":null,"tags":[],"list":[],"location":"3_3_0"},{"text":"OpenStack Being Open Source Provides the Flexibility for Customized Solution","parent":null,"tags":[],"list":[],"location":"3_3_1"},{"text":"Increasing use of OpenStack Services in Telecommunication Sector","parent":null,"tags":[],"list":[],"location":"3_3_2"}],"location":"3_3"},{"text":"Market Restraints","parent":null,"tags":[],"list":[{"text":"Lack of Robustness that Enterprises Desire for Their Data Centers, Including IT Management Features, Such as Availability and Security","parent":null,"tags":[],"list":[],"location":"3_4_0"}],"location":"3_4"},{"text":"Technology Snapshot","parent":null,"tags":[],"list":[{"text":"Frameworks Utilized to Manage OpenStack Applications","parent":null,"tags":[],"list":[],"location":"3_5_0"},{"text":"Open Infrastructure Projects Hosted and Piloted by OpenStack Foundation","parent":null,"tags":[],"list":[],"location":"3_5_1"},{"text":"Use Cases of OpenStack Across Organizations","parent":null,"tags":[],"list":[],"location":"3_5_2"}],"location":"3_5"}],"location":"3"},{"text":"MARKET SEGMENTATION","parent":null,"tags":[],"list":[{"text":"By Deployment Model","parent":null,"tags":[],"list":[{"text":"On-Cloud","parent":null,"tags":[],"list":[],"location":"4_0_0"},{"text":"On-Premise","parent":null,"tags":[],"list":[],"location":"4_0_1"}],"location":"4_0"},{"text":"By End-user Industry","parent":null,"tags":[],"list":[{"text":"Information Technology","parent":null,"tags":[],"list":[],"location":"4_1_0"},{"text":"Telecommunication","parent":null,"tags":[],"list":[],"location":"4_1_1"},{"text":"Banking and Financial Services","parent":null,"tags":[],"list":[],"location":"4_1_2"},{"text":"Academic","parent":null,"tags":[],"list":[],"location":"4_1_3"},{"text":"Retail/E-Commerce","parent":null,"tags":[],"list":[],"location":"4_1_4"}],"location":"4_1"},{"text":"By Geography***","parent":null,"tags":[],"list":[{"text":"North America","parent":null,"tags":[],"list":[],"location":"4_2_0"},{"text":"Europe","parent":null,"tags":[],"list":[],"location":"4_2_1"},{"text":"Asia","parent":null,"tags":[],"list":[],"location":"4_2_2"},{"text":"Latin America","parent":null,"tags":[],"list":[],"location":"4_2_3"},{"text":"Middle East and Africa","parent":null,"tags":[],"list":[],"location":"4_2_4"}],"location":"4_2"}],"location":"4"},{"text":"COMPETITIVE LANDSCAPE","parent":null,"tags":[],"list":[{"text":"Company Profiles","parent":null,"tags":[],"list":[{"text":"Cisco Systems, Inc.","parent":null,"tags":[],"list":[],"location":"5_0_0"},{"text":"Red Hat, Inc.","parent":null,"tags":[],"list":[],"location":"5_0_1"},{"text":"Hewlett Packard Enterprise Development LP","parent":null,"tags":[],"list":[],"location":"5_0_2"},{"text":"VMware, Inc.","parent":null,"tags":[],"list":[],"location":"5_0_3"},{"text":"Mirantis, Inc.","parent":null,"tags":[],"list":[],"location":"5_0_4"},{"text":"Canonical Ltd.","parent":null,"tags":[],"list":[],"location":"5_0_5"},{"text":"Dell Inc.","parent":null,"tags":[],"list":[],"location":"5_0_6"},{"text":"Rackspace US, Inc.","parent":null,"tags":[],"list":[],"location":"5_0_7"},{"text":"Huawei Technologies Co., Ltd.","parent":null,"tags":[],"list":[],"location":"5_0_8"},{"text":"NetApp, Inc.","parent":null,"tags":[],"list":[],"location":"5_0_9"}],"location":"5_0"}],"location":"5"},{"text":"INVESTMENT ANALYSIS","parent":null,"tags":[],"list":[],"location":"6"},{"text":"FUTURE OF THE MARKET","parent":null,"tags":[],"list":[],"location":"7"}],"related_tags":["report_snapshot","market_size_snapshot","market_trends_snapshot","sticky_form","discount_with_price","companies_snapshot","market_share_snapshot"],"reseller":{"reseller_page_numbers":120,"reseller_days_required":2,"reseller_marked_for_exports":true},"id":71618,"__v":0,"faqs":[{"question":"How big is the OpenStack Services Market?","answer":"The OpenStack Services Market size is expected to reach USD 22.81 billion in 2024 and grow at a CAGR of 32.01% to reach USD 91.44 billion by 2029."},{"question":"What is the current OpenStack Services Market size?","answer":"In 2024, the OpenStack Services Market size is expected to reach USD 22.81 billion."},{"question":"Who are the key players in OpenStack Services Market?","answer":"Cisco Systems, Inc., Red Hat, Inc., Hewlett Packard Enterprise Development LP, VMware, Inc. and Mirantis, Inc. are the major companies operating in the OpenStack Services Market."},{"question":"Which is the fastest growing region in OpenStack Services Market?","answer":"Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029)."},{"question":"Which region has the biggest share in OpenStack Services Market?","answer":"In 2024, the Asia Pacific accounts for the largest market share in OpenStack Services Market."},{"question":"What years does this OpenStack Services Market cover, and what was the market size in 2023?","answer":"In 2023, the OpenStack Services Market size was estimated at USD 15.51 billion. The report covers the OpenStack Services Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the OpenStack Services Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029."}],"bestseller":false,"hub_id":null,"seo_text":"Statistics for the 2024 OpenStack Services market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. OpenStack Services analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.","related_reports_updated":{"sub_categories":[{"slug":"multi-tenant-data-center-market","id":66504,"short_title":"Multi-Tenant Data Center Market","score":4,"hash_url":"79a1f40d942deef8bdf0becb10de9f17"},{"short_title":"Enterprise Performance Management Market","slug":"enterprise-performance-management-market","id":69608,"score":2,"hash_url":"79ec12d5acacdd1539a3f3b697ca5108","seo_link_text":"Enterprise Performance Management Market"},{"short_title":"Digital Insurance Platform Market","slug":"digital-insurance-platform-market","id":71459,"score":2,"hash_url":"7a24f94f2ee7b798bac90615925c4191"},{"slug":"graphics-processing-unit-market","id":67016,"short_title":"Graphics Processing Unit (GPU) Market","score":1,"hash_url":"7d930aa25bf849d891dc7defe030958e","seo_link_text":"Graphics Processing Unit (GPU) Market"},{"short_title":"South East Asia CRM 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The report covers the OpenStack Services Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the OpenStack Services Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. <a href='https://www.mordorintelligence.com/industry-reports/openstack-services-market'>Read More</a>" } } ] } </script> <script type="application/ld+json"> { "@context":"https://schema.org/", "@type":"Dataset", "name":"OpenStack Services Market - Share, Growth & Industry Analysis", "description":"Openstack Cloud Market is Segmented by Deployment Model (On-Cloud, On-Premise), End-User Industry (Information Technology, Telecommunication, Banking, and Financial Services, Academic, Retail/E-Commerce), and Geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa). 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OpenStack Services Market - Share, Growth & Industry Analysis