Cloud Management for the OpenStack Market Opportunity and Forecast, 2021-2028

OpenStack is an open-source cloud-based computing technology, which includes set of software tools that help build and manage cloud-computing platforms in the cloud. It also controls functionalities within storage, compute, and networking resources through a data center, which is managed through web dashboards or API. OpenStack is becoming a strategic choice for many service providers and organizations as it offers cloud services on standard hardware. Moreover, it is also used for companies, which deploys private clouds and for large enterprises using cloud solutions across multiple continents.

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Increased need to effectively manage OpenStack-based multi-cloud deployments drives the market. In addition, growth in demand among enterprises for computing, storage, and space optimization as well as the ability of OpenStack to enhance interoperability and to allow the addition of new components by end-user requirement propels the growth of the market. However, high cost of this application and complexity in the implementation limits the growth of the market. Furthermore, continuously increase in adoption of OpenStack by business enterprises to manage multi-cloud implementations is expected to provide numerous opportunities for the market.

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The cloud management for the OpenStack market is segmented based on end user and region. End user segment covered in the study include IT and academic research. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global cloud management for the OpenStack market is dominated by key players such as IBM Corporation, BMC Software, Inc., HP Development Company, L.P., VMware, Inc., Adaptive Computing, Inc., Red Hat, Inc., Cisco Systems, Inc., Citrix Systems, Inc., CA Technologies, and CloudBolt Software, Inc.

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Key Benefits :

The study provides an in-depth analysis of the global cloud management for the OpenStack market and current & future trends to elucidate the promising investment pockets.
Information about key drivers, restrains, and opportunities is provided.
Porters Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the global market from 2016 to 2023 is provided to determine the market potential.

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