OpenStack revenues to exceed $5bn by 2020 – with private cloud the lynchpin
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Revenues from OpenStack business models will surpass $5 billion (£4.08bn) by 2020 and grow at a CAGR of 35%, according to the latest figures from 451 Research.
The numbers, which are being released to coincide with the day before the latest OpenStack Summit, puts the exact figure at $5.7bn by 2020, from $4.6bn the previous year and $3.5bn in 2018.
“We continue to believe the market is still in the early stages of enterprise use and...
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