OpenStack Services Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Openstack Cloud Market is Segmented by Deployment Model (On-Cloud, On-Premise), End-User Industry (Information Technology, Telecommunication, Banking, and Financial Services, Academic, Retail/E-Commerce), and Geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

OpenStack Services Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

OpenStack Services Market Size

OpenStack Services Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 30.11 Billion
Market Size (2030) USD 120.72 Billion
CAGR (2025 - 2030) 32.01 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Medium

Major Players

OpenStack Services Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of OpenStack Services Market with other markets in Technology, Media and Telecom Industry

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OpenStack Services Market Analysis

The OpenStack Services Market size is estimated at USD 30.11 billion in 2025, and is expected to reach USD 120.72 billion by 2030, at a CAGR of 32.01% during the forecast period (2025-2030).

The growing adoption of the pay-as-you-go model and the cost-effective IT infrastructure development in a virtual environment (where every workload is taken care of by the cloud vendors) are certain factors expected to drive market growth for OpenStack services globally.

  • Enterprises across the world are inclined towards the adoption of cloud services. Oracle Corporation, the cloud giant, has predicted that owing to the cloud-related service offerings, 80% of the enterprise business functions will move to the cloud by 2025. In recent years, cloud service providers have experienced huge revenues and profit gains due to their professional and other cloud services. Microsoft, one of the fastest-growing cloud service providers, registered a year-on-year growth of 31% in Azure and other cloud services in 2022.
  • The growth of cloud and industrialized services and the decline of traditional data center outsourcing (DCO) indicate a massive shift toward hybrid cloud infrastructure services. This is expected to drive the shift toward cloud IaaS and hosting. Owing to its benefits, professional cloud deployment is expected to experience an improved demand for these market segments.
  • Infrastructure-as-a-Service (IaaS) is considered the third (lowest) level in the spectrum of cloud services, where a vendor provides clients with solutions such as pay-as-you-go access to storage, servers, networking, and other computing resources in the cloud. IaaS hardware is usually offered and managed by the organization by an external provider.
  • Moroever , October 2023 - Ironic has announced the launch of infrastructure operators to modify existing nodes using the “service steps” framework. Servicing allows operators to leverage steps, like you would for cleaning or customized deployments, to perform actions to modify deployed nodes in an ACTIVE state.
  • OpenStack is a dynamic and open cloud-computing solution that needs to be upgraded regularly. The new functions & features are added regularly, and other old functions are removed. This high-dynamic range of functions may create challenges for market growth.

OpenStack Services Industry Overview

The OpenStack Services Market is semi-consolidated due to the presence of significant players such as Cisco Systems, Inc., Red Hat, Inc., Hewlett Packard Enterprise Development LP, Mirantis, Inc., etc. The players in the market are frequently launching innovative solutions, forming partnerships, and mergers to increase their market share and expand their geographical presence.

In June 203, Nokia and Red Hat, Inc., one of the leading global providers of open-source solutions, announced that they had agreed to tightly integrate Nokia’s core network applications with Red Hat Openstack Platform and Red Hat OpenShift. As part of the agreement, Nokia and Red Hat would jointly support and evolve existing Nokia Container Services (NCS) and Nokia CloudBand Infrastructure Software (CBIS) customers while developing a path to migrate to Red Hat’s platforms over time. Additionally, Nokia would leverage Red Hat’s infrastructure platforms to enable faster development and testing of Nokia’s extensive core network portfolio.

In October 2022, RedHat announced the launch of OpenStack Platform 17 at the MWC Las Vegas event, covering a wide range of improvements with a focus on open hybrid cloud architectures that are meant to aid service providers as they construct expansive next-generation networks.

In June 2022, Ericsson and Red Hat announced the partnership to deploy solutions, empowering service providers with an open platform that extended across a network for vEPC, 5G Core, IMS, OSS, and BSS. The team integrated Ericsson's network function solutions with Red Hat OpenShift and Red Hat OpenStack Platform.

OpenStack Services Market Leaders

  1. Cisco Systems, Inc.

  2. Red Hat, Inc.

  3. Hewlett Packard Enterprise Development LP

  4. VMware, Inc.

  5. Mirantis, Inc.

  6. *Disclaimer: Major Players sorted in no particular order
OpenStack Services Market Concentration
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OpenStack Services Market News

  • October 2023 - UNICC is Partnered with Canonical, the publisher of Ubuntu and provider of open-source security, support and services, to build and deliver the secure private cloud environment for the UN system, offering advanced security and data sovereignty for the UN’s most sensitive data and software applications.
  • September 2022: New telecom operator-focused capabilities introduced with the release of Red Hat's most recent version of its venerable OpenStack platform tighten the connection between it and the company's cloud-native OpenShift platform.
  • June 2022: VEXXHOST Inc. announced the launch of Atmosphere, which is a new tool that can deploy a fully integrated OpenStack environment. Furthermore, the company has made the technology open source so that it benefits all of the users of the cloud-based infrastructure-as-a-service platform.

OpenStack Services Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Consumers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitute Products
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Assessment on the Impact due to COVID-19
  • 4.4 Market Drivers
    • 4.4.1 Increasing Need for Organizations to Improve Their Business Agility and Efficiency
    • 4.4.2 OpenStack Being Open Source Provides the Flexibility for Customized Solution
    • 4.4.3 Increasing use of OpenStack Services in Telecommunication Sector
  • 4.5 Market Restraints
    • 4.5.1 Lack of Robustness that Enterprises Desire for Their Data Centers, Including IT Management Features, Such as Availability and Security
  • 4.6 Technology Snapshot
    • 4.6.1 Frameworks Utilized to Manage OpenStack Applications
    • 4.6.2 Open Infrastructure Projects Hosted and Piloted by OpenStack Foundation
    • 4.6.3 Use Cases of OpenStack Across Organizations

5. MARKET SEGMENTATION

  • 5.1 By Deployment Model
    • 5.1.1 On-Cloud
    • 5.1.2 On-Premise
  • 5.2 By End-user Industry
    • 5.2.1 Information Technology
    • 5.2.2 Telecommunication
    • 5.2.3 Banking and Financial Services
    • 5.2.4 Academic
    • 5.2.5 Retail/E-Commerce
  • 5.3 By Geography***
    • 5.3.1 North America
    • 5.3.2 Europe
    • 5.3.3 Asia
    • 5.3.4 Latin America
    • 5.3.5 Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Cisco Systems, Inc.
    • 6.1.2 Red Hat, Inc.
    • 6.1.3 Hewlett Packard Enterprise Development LP
    • 6.1.4 VMware, Inc.
    • 6.1.5 Mirantis, Inc.
    • 6.1.6 Canonical Ltd.
    • 6.1.7 Dell Inc.
    • 6.1.8 Rackspace US, Inc.
    • 6.1.9 Huawei Technologies Co., Ltd.
    • 6.1.10 NetApp, Inc.
  • *List Not Exhaustive

7. INVESTMENT ANALYSIS

8. FUTURE OF THE MARKET

**Subject to Availability
***In the final report, Asia, Australia, and New Zealand will be studied together as 'Asia Pacific' and Latin America and Middle East and Africa will be considered together as 'Rest of the World'
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OpenStack Services Industry Segmentation

OpenStack is an open-source platform that utilizes pooled virtual resources to build and manage private and public clouds. The tools that comprise the OpenStack platform, called projects, handle the core cloud-computing services of networking, computing, identity, storage, and image services. More than a dozen optional projects could also be bundled together to create unique, deployable clouds. As part of our market coverage, the adoption of OpenStack technologies is studied and categorized by deployment type, end users, and geographical coverage.

The openstack services market is segmented by deployment model (on-cloud and on-premise), end-user industry (information technology, telecommunication, banking and financial services, academic, and retail/e-Commerce), and geography (North America, Europe, Asia-Pacific, and Rest of the World). The market sizes and forecasts are provided in terms of value in USD for all the above segments.

By Deployment Model On-Cloud
On-Premise
By End-user Industry Information Technology
Telecommunication
Banking and Financial Services
Academic
Retail/E-Commerce
By Geography*** North America
Europe
Asia
Latin America
Middle East and Africa
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OpenStack Services Market Research FAQs

How big is the OpenStack Services Market?

The OpenStack Services Market size is expected to reach USD 30.11 billion in 2025 and grow at a CAGR of 32.01% to reach USD 120.72 billion by 2030.

What is the current OpenStack Services Market size?

In 2025, the OpenStack Services Market size is expected to reach USD 30.11 billion.

Who are the key players in OpenStack Services Market?

Cisco Systems, Inc., Red Hat, Inc., Hewlett Packard Enterprise Development LP, VMware, Inc. and Mirantis, Inc. are the major companies operating in the OpenStack Services Market.

Which is the fastest growing region in OpenStack Services Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in OpenStack Services Market?

In 2025, the Asia Pacific accounts for the largest market share in OpenStack Services Market.

What years does this OpenStack Services Market cover, and what was the market size in 2024?

In 2024, the OpenStack Services Market size was estimated at USD 20.47 billion. The report covers the OpenStack Services Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the OpenStack Services Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

OpenStack Services Industry Report

Statistics for the 2025 OpenStack Services market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. OpenStack Services analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.