"Global OpenStack Services Market 2015-2019" Published

From: Fast Market Research, Inc.
Published: Sun Sep 13 2015

OpenStack is an open-source cloud-based computing technology that was initiated as a joint project by Rackspace and NASA in 2010. Currently, it is supported by vendors, including Cisco, Dell, HP, IBM, Intel, Oracle, Red Hat, and Vmware. The Openstack foundation has attracted global attention not only toward contribution to the development and improvisation of the software but also in being recognized as vital need for adoption due to its several benefits. It has over 450 supporting companies, with developers across over 100 countries proliferating at a great pace.

Technavio's analysts forecast the global OpenStack services market to grow at a CAGR of 32.90% over the period 2014-2019.

Commenting on the report, an analyst from Technavio's team said: "The management of the in-house functionalities of an organization by a third-party MSP is referred to as managed services. The complexities related to OpenStack services have increased considerably and the global business landscape is constantly expanding. Consequently, service providers worldwide are moving to smarter and readily achievable solutions to remain focused on their core competencies. All of these objectives can be achieved by adopting managed services. Several companies such as CloudOps, 99Cloud, Datapipe, and Puppet Labs have started offering managed services for OpenStack, which is a positive sign for the overall growth of the market."

According to the report, OpenStack deployment requires high levels of technical expertise to deal with technical issues during the deployment phase. For instance, Ebay faced several challenges during the implementation of OpenStack because the company had a shortage of skilled talent required to fix complex issues. We envisage a significant increase in technical issues, as the number of enterprises that adopt OpenStack continue to grow. Thus, the need for OpenStack services will increase significantly during the forecast period.

Further, the report states that the resource gap arising from the increased use of OpenStack and self-deployment of the technology, as well as poor availability of professionals having the requisite skill sets are presenting a challenge to the growth of the global OpenStack services market.

The key players in the Global Open Stack Service Market are Cisco, Dell, HP, IBM, Rackspace and Red Hat while other prominent vendors include 99Cloud, ActiveState, AppFog, Aptira, AT&T, AQORN, Blue Box, Cloudscaling, Coraid, DreamHost, Easy Stack, eNovance, Ensim, Elastx, Hastexo, Inktank, iWeb, Pactera, KIO Networks, Go Daddy, Metacloud, Morphlabs, Nexus, Datapipe, Opscode, Piston Cloud Computing, Pivotal (Cloud Foundry), Puppet Labs, Rightscale, Saltstack, Solinea and VMware

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit - http://www.technavio.com/report/open-stack-service-market

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Global Industrial Automation Services Market 2015-2019
- Global Information Security Products and Services Market 2015-2019
- Healthcare/Medical Simulation Market - Global Forecast to 2019
- Global Connected Car M2M Connections and Services Market 2015-2019
- Cloud Managed Services Market - Global Forecast to 2015 - 2020

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

Visit website »