DUBLIN, August 15, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Cloud Management for the OpenStack Market 2016-2020" report to their offering.

The analysts forecast the global cloud management for OpenStack market to grow at a CAGR of 30.49% during the period 2016-2020.

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 management requirement. The ability of OpenStack to allow the addition of new components by end-user 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.

Key vendors:

• BMC Software
• HP
• IBM
• Red Hat
• VMware

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by end-user

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

PART 14: Key vendor analysis

PART 15: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/38vxhg/global_cloud

Related Topics: Cloud Computing and Storage

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SOURCE Research and Markets