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OpenStack Service Market by Component (Solution, Service), Organization Size (Large Enterprises, Small & Medium Enterprises), Vertical (IT, Telecommunication, Academic & Research, BFSI, Retail & E-Commerce), and Region - Global Forecast to 2022

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Date: 05-Feb-2018
No. of pages: 138
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“Advantages offered by OpenStack services, such as fast & easy deployment and wide community support, are key factors driving growth of the OpenStack service market”

The OpenStack service market is projected to grow from USD 1.63 billion in 2017 to USD 5.66 billion by 2022, at a CAGR of 28.3% during the forecast period. Factors such as fast & easy deployment, no compulsion of vendor lock-in, and wide community support are driving the growth of the OpenStack service market. However, the concern related to security is a key factor restraining the growth of the market. The anticipated increase in the number of OpenStack service providers and the high adoption rate in the telecom vertical are some of the opportunities covered in this market report.

“Based on component, the solution segment is estimated to lead the OpenStack service market in 2017”

The OpenStack service market is segmented based on component into solution and service. Between them, the solution segment is estimated to account for the larger share of the market in 2017. The deployment of OpenStack solutions is growing as they provide the cloud experience at lower cost and are featured with a single point of management across the compute environment.

“Based on vertical, the IT segment is estimated to lead the OpenStack service market in 2017”

Based on vertical, the IT segment is estimated to lead the OpenStack service market in 2017. This is because IT giants, such as Dell EMC, Red Hat, Rack space, HPE, and IBM, among others, have transformed their storage services with a powerful and flexible OpenStack management layer. This OpenStack management layer helps to monitor and manage cloud resources and transactions. It also provides highly scalable storage as a service offering, besides offering cloud services to several companies that are developing the OpenStack software. The IT segment is, therefore, estimated to dominate the OpenStack service market by vertical.

“The Europe OpenStack service market is expected to grow at the highest CAGR during the forecast period”

The OpenStack service services market has been studied for North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and Latin America. OpenStack services are being extensively adopted in Europe, as enterprises in this region have strong technical expertise with big IT budgets. Organizations in this region adopt OpenStack services to help cloud users to create and manage large networks of cloud servers within an enterprise-class infrastructure.

In-depth interviews were conducted with chief executive officers, marketing directors, innovation and technology directors, and executives from various key organizations operating in the OpenStack service market place.


  • By Company Type: Tier 1:17%, Tier 2:35%, and Tier 3: 48%

  • By Designation: C-Level: 35%, Director Level:50%, and Others: 15%

  • By Region: North America: 39%, Europe: 29%, APAC: 14%, Middle East & Africa: 11%, and Latin America: 7%


Key vendors profiled in the report:


  • Canonical (UK)

  • Cisco Systems (US)

  • Dell EMC (US)

  • HPE (US)

  • Huawei (China)

  • IBM (US)

  • Mirantis (US)

  • Oracle (US)

  • Rackspace (US)

  • Red Hat (US)

  • SUSE (Germany)

  • VMware (US)


Research Coverage

The OpenStack service market has been segmented on the basis of component, organization size, vertical, and region. Based on component, the OpenStack service services market has been segmented into solution and service. Based on organization size, the market has been segmented into large enterprises and small &medium enterprises. Based on vertical, the market has been segmented into government & defense, IT, telecommunication, academic & research, BFSI, retail & e-commerce, manufacturing, and others (consulting, real estate, web hosting, media & entertainment, and advertisement). The OpenStack service market has been studied for North America, Europe, APAC, the Middle East & Africa, and Latin America.

Key Benefits of Buying the Report:

The report will help market leaders/new entrants in this market by providing them the closest approximations of revenues of the OpenStack service market and its sub segments. This report will also help stakeholders better understand the competitor landscape, gain more insights to better position their businesses, and implement suitable go-to-market strategies. The report will help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

OpenStack Service Market by Component (Solution, Service), Organization Size (Large Enterprises, Small & Medium Enterprises), Vertical (IT, Telecommunication, Academic & Research, BFSI, Retail & E-Commerce), and Region - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Assumptions
2.4 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the OpenStack Service Market
4.2 North America Market By Component
4.3 Europe Market By Organization Size
4.4 Asia Pacific Market By Vertical
4.5 Market By Top Three Verticals & Top Three Regions

5 Market Overview
5.1 Market Dynamics
5.1.1 Drivers
5.1.1.1 Fast and Easy Deployment
5.1.1.2 No Compulsion of Vendor Lock-In
5.1.1.3 Advantage of Wide Community Support
5.1.2 Restraints
5.1.2.1 Growing Security Concerns
5.1.3 Opportunities
5.1.3.1 Anticipated Increase in the Number of OpenStack Service Providers
5.1.3.2 High Adoption Rate in the Telecom Vertical
5.1.4 Challenges
5.1.4.1 Complexities in Integrating Open-Source Software
5.1.4.2 Scalability Issue
5.2 Industry Trends
5.2.1 Introduction
5.2.1.1 OpenStack Architecture
5.2.1.2 Technological Advancements
5.2.1.3 Case Studies
5.2.1.3.1 Case Study 1: Cisco Systems Enhanced Software and Product Development Using the Red Hat Openshift Container Platform
5.2.1.3.2 Case Study 2: Paddy Power Betfair Innovates With Red Hat
5.2.1.3.3 Case Study 3: Tata Communications’ OpenStack-Based Managed Private Cloud Enables Digital Transformation of the Global Enterprise Through Mirantis’ Solution
5.2.1.3.4 Case Study 4: Mexico’s Konesh Soluciones Delivers More Secure Electronic Invoicing Platform Using Rackspace’s Solution

6 OpenStack Service Market, By Component
6.1 Introduction
6.2 Solution
6.3 Service
6.3.1 Professional Service
6.3.2 Managed Service

7 Market By Organization Size
7.1 Introduction
7.2 Large Enterprises
7.3 Small & Medium Enterprises (SMES)

8 OpenStack Service Market, By Vertical
8.1 Introduction
8.2 Banking Financial Services & Insurance (BFSI)
8.3 Retail & E-Commerce
8.4 Academic & Research
8.5 Telecommunication
8.6 IT
8.7 Government & Defense
8.8 Manufacturing
8.9 Others

9 Regional Analysis
9.1 Introduction
9.2 North America
9.3 Europe
9.4 Asia Pacific (APAC)
9.5 Middle East & Africa (MEA)
9.6 Latin America

10 Competitive Landscape
10.1 Overview
10.2 Competitive Situation and Trends
10.2.1 New Product Launches & Product Enhancements
10.2.2 Agreements, Collaborations & Partnerships
10.2.3 Acquisitions
10.3 Market Ranking, By Key Players

11 Company Profiles
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
11.1 Red Hat
11.2 Canonical
11.3 Mirantis
11.4 Cisco Systems
11.5 Hewlett Packard Enterprise
11.6 SUSE
11.7 IBM
11.8 VMware
11.9 Rackspace
11.10 Huawei
11.11 Dell EMC
11.12 Oracle
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
11.13 Key Innovators
11.13.1 Platform9 Systems
11.13.2 EasyStack
11.13.3 Bright Computing

12 Appendix
12.1 Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.4 Introducing RT: Real-Time Market Intelligence
12.5 Available Customizations
12.6 Related Reports
12.7 Author Details

List of Tables

Table 1 OpenStack Service Market Size, By Component, 2015-2022 (USD Million)
Table 2 Solution: Market Size By Region 2015-2022 (USD Million)
Table 3 Service: Market Size By Region 2015-2022 (USD Million)
Table 4 Service: Market Size By Type 2015-2022 (USD Million)
Table 5 OpenStack Service Market Size, By Organization Size 2015-2022 (USD Million)
Table 6 Large Enterprises: Market Size By Region 2015-2022 (USD Million)
Table 7 Small & Medium Enterprises: Market Size By Region, 2015-2022 (USD Million)
Table 8 OpenStack Service Market Size, By Vertical, 2015-2022 (USD Million)
Table 9 BFSI Segment: Market Size, By Region, 2015-2022 (USD Million)
Table 10 Retail & E-Commerce Segment: Market Size By Region, 2015-2022 (USD Million)
Table 11 Academic & Research Segment: Market Size By Region, 2015-2022 (USD Million)
Table 12 Telecommunication Segment: Market Size By Region, 2015-2022 (USD Million)
Table 13 IT Segment: Market Size By Region 2015-2022 (USD Million)
Table 14 Government & Defense Segment: Market Size By Region, 2015-2022 (USD Million)
Table 15 Manufacturing Segment: Market Size By Region, 2015-2022 (USD Million)
Table 16 Others Segment: Market Size By Region 2015-2022 (USD Million)
Table 17 OpenStack Service Market Size, By Region, 2015-2022 (USD Million)
Table 18 North America: Market Size By Component 2015-2022 (USD Million)
Table 19 North America: Market Size By Organization Size, 2015-2022 (USD Million)
Table 20 North America: Market Size By Vertical 2015-2022 (USD Million)
Table 21 North America: Market for Government & Defense, By Organization Size, 2015-2022 (USD Million)
Table 22 North America: Market for IT, By Organization Size, 2015-2022 (USD Million)
Table 23 North America: Market for Telecommunication By Organization Size, 2015-2022 (USD Million)
Table 24 North America: Market for Academic & Research By Organization Size, 2015-2022 (USD Million)
Table 25 North America: Market for BFSI By Organization Size, 2015-2022 (USD Million)
Table 26 North America: Market for Retail & E-Commerce By Organization Size, 2015-2022 (USD Million)
Table 27 North America: Market for Manufacturing By Organization Size, 2015-2022 (USD Million)
Table 28 North America: Market for Others By Organization Size, 2015-2022 (USD Million)
Table 29 Europe: OpenStack Service Market Size, By Component 2015-2022 (USD Million)
Table 30 Europe: Market Size By Organization Size 2015-2022 (USD Million)
Table 31 Europe: Market Size By Vertical 2015-2022 (USD Million)
Table 32 Europe: Market for Government & Defense By Organization Size, 2015-2022 (USD Million)
Table 33 Europe: Market for IT, By Organization Size 2015-2022 (USD Million)
Table 34 Europe: Market for Telecommunication By Organization Size, 2015-2022 (USD Million)
Table 35 Europe: Market for Academic & Research By Organization Size, 2015-2022 (USD Million)
Table 36 Europe: Market for BFSI, By Organization Size 2015-2022 (USD Million)
Table 37 Europe: Market for Retail & E-Commerce By Organization Size, 2015-2022 (USD Million)
Table 38 Europe: Market for Manufacturing By Organization Size, 2015-2022 (USD Million)
Table 39 Europe: Market for Others, By Organization Size, 2015-2022 (USD Million)
Table 40 Asia Pacific: OpenStack Service Market Size, By Component 2015-2022 (USD Million)
Table 41 Asia Pacific: Market Size By Organization Size 2015-2022 (USD Million)
Table 42 Asia Pacific: Market Size By Vertical 2015-2022 (USD Million)
Table 43 Asia Pacific: Market for Government & Defense By Organization Size, 2015-2022 (USD Million)
Table 44 Asia Pacific: Market for IT, By Organization Size, 2015-2022 (USD Million)
Table 45 Asia Pacific: Market for Telecommunication By Organization Size, 2015-2022 (USD Million)
Table 46 Asia Pacific: Market for Academic & Research By Organization Size, 2015-2022 (USD Million)
Table 47 Asia Pacific: Market for BFSI, By Organization Size, 2015-2022 (USD Million)
Table 48 Asia Pacific: Market for Retail & E-Commerce By Organization Size, 2015-2022 (USD Million)
Table 49 Asia Pacific: Market for Manufacturing By Organization Size, 2015-2022 (USD Million)
Table 50 Asia Pacific: Market for Others By Organization Size, 2015-2022 (USD Million)
Table 51 Middle East & Africa OpenStack Service Market Size, By Component, 2015-2022 (USD Million)
Table 52 Middle East & Africa: Market Size By Organization Size, 2015-2022 (USD Million)
Table 53 Middle East & Africa: Market Size By Vertical 2015-2022 (USD Million)
Table 54 Middle East & Africa: Market for Government & Defense, By Organization Size, 2015-2022 (USD Million)
Table 55 Middle East & Africa: Market for It By Organization Size, 2015-2022 (USD Million)
Table 56 Middle East & Africa: Market for Telecommunication, By Organization Size, 2015-2022 (USD Million)
Table 57 Middle East & Africa: Market for Academic & Research, By Organization Size, 2015-2022 (USD Million)
Table 58 Middle East & Africa: Market for BFSI By Organization Size, 2015-2022 (USD Million)
Table 59 Middle East & Africa: Market for Retail & E-Commerce, By Organization Size, 2015-2022 (USD Million)
Table 60 Middle East & Africa: Market for Manufacturing By Organization Size, 2015-2022 (USD Million)
Table 61 Middle East & Africa: Market for Others By Organization Size, 2015-2022 (USD Million)
Table 62 Latin America OpenStack Service Market Size, By Component 2015-2022 (USD Million)
Table 63 Latin America: Market Size By Organization Size, 2015-2022 (USD Million)
Table 64 Latin America: Market Size By Vertical 2015-2022 (USD Million)
Table 65 Latin America: Market for Government & Defense, By Organization Size, 2015-2022 (USD Million)
Table 66 Latin America: Market for IT, By Organization Size, 2015-2022 (USD Million)
Table 67 Latin America: Market for Telecommunication By Organization Size, 2015-2022 (USD Million)
Table 68 Latin America: Market for Academic & Research By Organization Size, 2015-2022 (USD Million)
Table 69 Latin America: Market for BFSI, By Organization Size, 2015-2022 (USD Million)
Table 70 Latin America: Market for Retail & E-Commerce By Organization Size, 2015-2022 (USD Million)
Table 71 Latin America: Market for Manufacturing By Organization Size, 2015-2022 (USD Million)
Table 72 Latin America: Market for Others By Organization Size, 2015-2022 (USD Million)
Table 73 Market Evaluation Framework
Table 74 New Product Launches & Product Enhancements, 2016-2017
Table 75 Agreements, Collaborations & Partnerships, 2017
Table 76 Acquisitions, 2015-2017
Table 77 Market Ranking for OpenStack Service Market, 2017

List of Figures

Figure 1 Market Segmentation
Figure 2 OpenStack Service Market: Research Design
Figure 3 Data Triangulation
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Assumptions
Figure 7 Market By Component, 2017 & 2022 (USD Million)
Figure 8 Market By Organization Size 2017 & 2022 (USD Million)
Figure 9 Market By Vertical, 2017
Figure 10 OpenStack Service Market, By Region, 2017 & 2022 (USD Million)
Figure 11 Europe OpenStack Service Market Expected to Grow at Highest Rate During Forecast Period
Figure 12 Fast and Easy Deployment as Well as Wide Community Support are Driving the Growth of the OpenStack Service Market
Figure 13 Service Segment of the Market is Projected to Grow at A Higher CAGR During the Forecast Period
Figure 14 Small & Medium Enterprises Segment of the Market is Expected to Grow at A Higher CAGR From 2017 to 2022
Figure 15 Telecommunication Segment of the Market is Projected to Grow at the Highest CAGR During Forecast Period
Figure 16 North America is Estimated to Account for the Largest Market Size in 2017
Figure 17 OpenStack Service Market: Drivers, Restraints, Opportunities & Challenges
Figure 18 OpenStack Architecture and Its Major Components
Figure 19 Service Segment Estimated to Grow at A Higher CAGR During the Forecast Period
Figure 20 The Small & Medium Enterprises Segment is Expected to Grow at the Higher CAGR During the Forecast Period
Figure 21 OpenStack Service Market, By Vertical, 2017-2022
Figure 22 North America is Projected to Lead the OpenStack Service Market From 2017 to 2022
Figure 23 Regional Snapshot: Europe is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 24 North America Market Snapshot
Figure 25 Europe Market Snapshot
Figure 26 Companies Adopted Agreements, Collaborations & Partnerships as Key Growth Strategies From 2015 to 2017
Figure 27 Red Hat: Company Snapshot
Figure 28 Red Hat: SWOT Analysis
Figure 29 Canonical: SWOT Analysis
Figure 30 Mirantis: SWOT Analysis
Figure 31 Cisco Systems: Company Snapshot
Figure 32 Cisco Systems: SWOT Analysis
Figure 33 Hewlett Packard Enterprise: Company Snapshot
Figure 34 Hewlett Packard Enterprise: SWOT Analysis
Figure 35 IBM: Company Snapshot
Figure 36 VMware: Company Snapshot
Figure 37 Rackspace: Company Snapshot
Figure 38 Huawei: Company Snapshot
Figure 39 Oracle: Company Snapshot

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