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Cloud Management for the OpenStack Market Growth And Segment Forecasts To 2020

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 manage
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Cloud Management for the Open Stack Market Share, Size, Emerging
Trends and Growth, Analysis, Overview and Forecasts 2016-2020
Technavio Announces the Publication of its Research Report – Global Cloud Management for Openstack
Market 2016-2020
Technavio recognizes the following companies as the 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
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Commenting on the report, an analyst from Technavio’ s team said: “Cloud brokerage services that
provide management and maintenance services to enterprises will be a key trend for market growth.”
Cloud computing and cloud-based services are quickly gaining popularity among end-users. Greater
flexibility of application and service customization is attracting more customers to adopt services on a
larger scale. Cloud computing also allows easy scaling of applications and services as and when required
based on changing business needs. Enterprises use open-source OpenStack technology to achieve better
flexibility and control.
According to the report, one of the key drivers for market growth will be easy infrastructure
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management requirement. The ability of OpenStack to allow the addition of new components by enduser 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.
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.
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About Cloud Management for OpenStack
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.
Technavio’ s analysts forecast the global cloud management for OpenStack market to grow at a CAGR of
30.49% during the period 2016-2020.
Covered in this report
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
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Technavio's report, 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.
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Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)
[email protected]
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