Industry Overview of Cloud Management for the OpenStack Market

Cloud Management for OpenStack refers to the suite of tools, technologies, and practices used to oversee and administer OpenStack-based cloud environments. OpenStack is an open-source cloud computing platform that provides a range of services for building and managing private, public, and hybrid clouds. Cloud management for OpenStack involves the orchestration, deployment, monitoring, and optimization of cloud resources to ensure efficient and reliable operations. It offers a centralized platform for administrators to configure and manage virtualized infrastructure, storage, networking, and other cloud services.

The main goal of cloud management for OpenStack is to simplify the complexities of managing a cloud environment by providing a unified interface and a set of tools to automate various tasks. It enables organizations to efficiently allocate resources, scale applications, monitor performance, and enforce security policies. Cloud management tools for OpenStack typically offer features such as self-service provisioning, workload and resource management, monitoring and analytics, automated scaling, billing and chargeback, and integration with other enterprise systems. These tools empower organizations to effectively manage and optimize their OpenStack cloud deployments, streamline operations, improve resource utilization, and enhance overall productivity.

How Big Is the Cloud Management for the OpenStack Market?

The global cloud management for the openstack market size reached US$ 2.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 10.3 Billion by 2028 exhibiting a CAGR of 23.1% during 2023-2028.

Global Cloud Management for the OpenStack Market Trends and Drivers:

1. Increasing adoption of OpenStack: The growing popularity and adoption of OpenStack as a cloud computing platform are driving the demand for cloud management solutions tailored specifically for OpenStack environments. As more organizations embrace OpenStack for their cloud infrastructure, the need for effective management and optimization tools becomes crucial.
2. Hybrid and multi-cloud deployments: Many organizations are adopting hybrid and multi-cloud strategies to leverage the benefits of both private and public clouds. Cloud management solutions for OpenStack that provide seamless integration and management of multiple cloud environments are in high demand. These solutions enable organizations to orchestrate and manage workloads across various cloud platforms, ensuring consistency, interoperability, and ease of management.
3. Automation and self-service capabilities: Automation plays a vital role in cloud management, allowing organizations to streamline operations, improve efficiency, and reduce manual tasks. Cloud management solutions for OpenStack that offer automation and self-service capabilities, such as automated provisioning, scaling, and workload management, are gaining traction. These features enable organizations to rapidly deploy and manage resources, improving agility and responsiveness.
4. Focus on cost optimization and resource efficiency: With the increasing scale and complexity of cloud deployments, organizations are seeking ways to optimize costs and maximize resource utilization. Cloud management solutions for OpenStack that provide cost analysis, resource monitoring, and optimization capabilities are in demand. These solutions help organizations track resource consumption, identify cost-saving opportunities, and optimize infrastructure utilization to achieve better cost efficiency.
5. Security and compliance requirements: As cloud environments become critical components of business operations, ensuring robust security and compliance becomes a top priority. Cloud management solutions for OpenStack that offer security features, such as identity and access management, data encryption, and compliance monitoring, are essential. These solutions help organizations meet regulatory requirements, protect sensitive data, and mitigate security risks in their OpenStack deployments.

Key Market Segmentation:

The report provides detailed segmentation of the global cloud management for the openstack market based on based on type, application and end use.

Type Insights:

• Public Cloud
• Private Cloud
• Community Cloud
• Hybrid Cloud

End User Insights:

• IT
• Academic Research
• Others

Regional Insights:

• North America
• • United States
  • Canada
• Asia Pacific
• • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
• • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
• • Brazil
  • Mexico
  • Others
• Middle East and Africa

The report provides a comprehensive analysis of the industry key players listed below:

The Major Players in the market are BMC Software Inc., Cisco Systems Inc., Hewlett Packard Enterprise Company, Micro Focus International plc, Oracle Corporation, Red Hat Inc. (International Business Machines Corporation), Splunk Inc., and VMware Inc.