OPENSTACK SERVICE MARKET GROWING AT A CAGR 28.3% | KEY PLAYER RED HAT, CANONICAL, MIRANTIS, IBM, VMW

Jonytoal01 Feb, 2022Business

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 The OpenStack Service Market is estimated to be USD 1.63 Billion in 2017 and is projected to reach USD 5.66 Billion by 2022, at a CAGR of 28.3% during the forecast period. Some of the major factors driving the growth of the OpenStack service market include fast and easy deployment of OpenStack solutions and services, no compulsion of vendor lock-in, and broad community support.