OpenStack Services Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Openstack controls large pools of computing, storage, and networking resources; all managed through APIs or a dashboard. Beyond standard infrastructure-as-a-service (IaaS) functionality, additional components provide service management and fault management to ensure user applications' availability.

According to Red Hat, Inc., 65% of cloud adopters said that OpenStack is essential to their cloud strategy. Communications service providers embrace cloud technologies, such as OpenStack, to meet demands for innovative new services. To ensure business continuity, these production cloud environments are required to be highly available and reliable.

Key Market Trends

Telecommunication is Expected to Witness Significant Growth

- Software-Defined Networking (SDN) is essential for the deployment of 5G. Organizations whose expertise lies in Kubernetes and OpenStack are helping telecom operators build its next-generation SDN-based infrastructure for its 5G network. For instance, in February 2019, Mirantis, Inc. formed a three-year deal to build out AT&T 5G's infrastructure using Airship. The Airship is a project initially found by AT&T, SKT, and Intel.

For sample report please visit : https://www.statzyreports.com/report/sr498977/openstack-services-ma...

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