Open Stack Services Market to Witness Robust Expansion
throughout the Forecast Period 2018 - 2026
Open Stack Services Market research provides industry analysis by
type, manufacturer, application along with key factors influencing
the growth of the market which include growth drivers, restraints,
opportunities and challenges, strategically profile key players and
comprehensively
analyze
their
market
share
and
core
competencies.
An open stack is an open source cloud platform, which is focused on free cloud computing
services. It consists of software tools that help in managing the platform for the public and
private clouds.
Open source platform is the major driving factor for growth of the global open stack services
market
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According to a recent market survey by Coherent Market Insights, more than 78 percent of
enterprises operate on open source and less than 3 percent indicate that they don't rely on open
software. Significant paradigm shift towards open-source software, owing to the requirement to
gain competitive edge and enhance their operational productivity is expected to drive market
growth. Some of the major technology players that include Amazon, Google, IBM, Facebook,
Walmart, and The Linux Foundation have made substantial strategic developments towards
these platforms. For instance, in February 2018, The Linux Foundation introduced Akraino Project,
that aids carrier availability and performance requirements in cloud services.