Global Cloud Management for OpenStack Market to grow at a CAGR of 30.49% during the period 2016 - 2020; Finds New Report

Report forecast the global cloud management for OpenStack market to grow at a CAGR of 30.49% during the period 2016-2020.

OpenStack controls functionalities within compute, storage, and networking resources through a data center. It is managed through web dashboards or API. The technology is suitable for hybrid infrastructure as it reduces the risk of lock-ins that are associated with proprietary platforms. OpenStack is becoming a strategic choice for many organizations and service providers that offer cloud-computing services on standard hardware. It is also ideal for companies deploying private clouds and large enterprises using cloud solutions across multiple continents.

The report covers the present scenario and the growth prospects of the global cloud management for OpenStack market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from licensing and maintenance of cloud management software solutions.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

According to the report, one of the key drivers for market growth will be easy infrastructure management requirement. The ability of OpenStack to allow the addition of new components by end-user requirement addresses the growing demand among enterprises for storage, computing, and space optimization. As new components can be added quickly because of its open nature, other existing cloud components can also run on OpenStack, thereby enhancing interoperability and integration. In addition, OpenStack infrastructure is evolving to provide the necessary tools for developers. Therefore, owing to its ease of management, we expect more numbers of enterprises should adopt the technology.

Further, the report states that high cost and complexity of implementation will be a major challenge for the market. A cloud management platform is required for managing several aspects of cloud deployment that include monitoring of performance, capacity planning, orchestration, change management, governance, and policy enforcement. However, it involves complexity in the implementation as it spans across several departments of the organization. Also, the spending on this application is high because of the hiking costs associated with regulatory compliance such as HIPPA, Sarbanes-Oxley, and FERPA. This poses a challenge to the adoption of cloud management for efficient management of OpenStack-based multi-cloud implementations.

Global Cloud Management for OpenStack Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global cloud management for openstack market:  BMC Software, HP, IBM, Red Hat, and VMware.

Other Prominent Vendors in the market are: Adaptive Computing, CA Technologies, Cisco Systems, Citrix, CliQr Technologies, CloudBolt Software, Convirture, CSC, Dell, Egenera, Embotics, GigaSpaces Technologies, Gravitant, Micro Focus, Microsoft, Oracle, RightScale, Scalr, ServiceNow¸ Splunk, and Zimory.

Market driver

• Growing number of multi-cloud deployments across enterprise and service providers
• For a full, detailed list, view our report

Market challenge

• High cost and complexity of implementation
• For a full, detailed list, view our report

Market trend

• Cloud brokerage services
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 77 pages and 20 Exhibit “Global Cloud Management for the OpenStack Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by end-user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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