OpenStack Service Market predicted to obtain $5.66 Billion by 2022

Jonytoal07 Oct, 2021Business

According to a new market research report "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" published by MarketsandMarkets?, the OpenStack service market expected to grow from USD 1.63 Billion in 2017 to USD 5.66 Billion by 2022, at a CAGR of 28.3% from 2017 to 2022. The market is primarily driven by the advantages offered by OpenStack services, such as fast and easy deployment, no compulsion of vendor lock-in, and wide community support.

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