OPEN STACK SERVICES MARKET ANALYSIS

Regional Analysis

Global Open Stack Services Market Outlook – North America held the largest share in the global open stack services market in 2016.

North America region held a dominant industry position and is estimated to retain its dominance over the forecast period, owing to increasing adoption of advanced technologies, such as cloud computing, Big Data, Internet of Technology (IoT), and business intelligence tools by the organizations, which in turn is reducing the business cost and increasing the productivity and profitability. According to the Coherent Market Insights, the cloud application market in the U.S. accounted for US$ 19.93 billion in 2017, which in turn expanded the U.S. economy by 2.3%, which is higher than 1.5% in 2016.