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Global OpenStack Service Market to Reach $12.6 Billion by 2027
Amid the COVID-19 crisis, the global market for OpenStack Service estimated at US$2.6 Billion in the year 2020, is projected to reach a revised size of US$12.6 Billion by 2027, growing at a CAGR of 25.4% over the period 2020-2027. Solution, one of the segments analyzed in the report, is projected to record 26.6% CAGR and reach US$8.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Service segment is readjusted to a revised 23.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $775.5 Million, While China is Forecast to Grow at 24.7% CAGR
The OpenStack Service market in the U.S. is estimated at US$775.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2027 trailing a CAGR of 24.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 22.9% and 21.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 17.7% CAGR.
Select Competitors (Total 42 Featured):
Amid the COVID-19 crisis, the global market for OpenStack Service estimated at US$2.6 Billion in the year 2020, is projected to reach a revised size of US$12.6 Billion by 2027, growing at a CAGR of 25.4% over the period 2020-2027. Solution, one of the segments analyzed in the report, is projected to record 26.6% CAGR and reach US$8.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Service segment is readjusted to a revised 23.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $775.5 Million, While China is Forecast to Grow at 24.7% CAGR
The OpenStack Service market in the U.S. is estimated at US$775.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2027 trailing a CAGR of 24.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 22.9% and 21.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 17.7% CAGR.
Select Competitors (Total 42 Featured):
- Bright Computing
- Canonical Ltd.
- Cisco Systems, Inc.
- EasyStack Inc.
- Huawei Enterprise
- IBM Corporation
- Mirantis, Inc.
- Oracle Corporation
- Platform9 Systems, Inc.
- Rackspace
- Red Hat, Inc.
- SUSE LINUX GmbH
- VMware, Inc.
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I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- UNITED STATES
- CANADA
- JAPAN
- CHINA
- EUROPE
- FRANCE
- GERMANY
- ITALY
- UNITED KINGDOM
- REST OF EUROPE
- ASIA-PACIFIC
- REST OF WORLD
- Total Companies Profiled: 42
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