At Fairbanks we have started working with OpenStack as early as 2011. Now 10 years into the market we have seen OpenStack grow significantly, but never as much as the last two years. According to the OpenStack Foundation, the deployment number of total cores managed by OpenStack grew 66% over the last year. As mentioned in our last blog the OpenStack project is deployed in production more widely than ever. Over 100 new OpenStack clouds have been built in the past months, growing the total number of cores under OpenStack management to more than 25,000,000 cores. Organisations with deployments ranging from hundreds of cores to six million cores have logged significant growth according to the 2021 OpenStack User Survey.
This corresponds with the fact that OpenStack is one of the most active open-source projects in the world, supported by a vibrant and engaged community of developers globally. Over the span of just 25 weeks, almost 15,000 changes authored by over 680 contributors from over 125 different organizations were included in the Xena release.
Furthermore, according to Forrester (2020) OpenStack’s rise as a credible cloud platform broadens open source’s scope to cloud infrastructure orchestration, configuration, and management and plays a large role in enterprise cloud and container strategies, it could even be said that OpenStack interoperability has become a requirement for cloud management software.
So, where is this growth coming from? Specifically, OpenStack services offer various advantages, such as cost savings, customization, value-added services, and innovation in the product line, which are positively influencing the market growth. Besides this, the market is increasingly gaining traction due to the free availability of the platforms, ease of setup, and widespread adoption of big data analytics across small and medium-sized businesses. Moreover, technological advancements have increased the capacities for heterogeneous enterprises by providing better speed and developer experience. These factors are expected to provide a positive outlook to the market in the upcoming years. Looking forward, IMARC Group expects the market to grow 27.4% during 2021-2026 (IMARC, 2021).
Additionally, it assists organizations in terms of operational effectiveness and financial management that has led to its increased adoption across various industries. The free availability of OpenStack platform, easy deployment and wide adoption of big data analytics across telecom verticals and small and medium-sized enterprises are further driving the market growth. Moreover, technological advancements in OpenStack infrastructure are providing increased capacities for heterogeneous enterprises that require better speed and developer experience, thus resulting in increased adoption of the service.
So, to summarize the reason for this growth is the increasing demand for cloud-based and internet-enabled services. Furthermore, OpenStack offers the highest availability, ease of use, and high cost-efficiency by positioning virtual computing plus container infrastructure in one single pane of glass. This gives you control over your cloud infrastructure making changes and innovations faster, providing you with the competitive edge in the market.