Global Open Source Services Market Overview, Opportunities, Demands And Growth Analysis Till 2026
Open source service is a program in which data
(source code) is open and made available to users. It permits users to change,
study, and distribute the open data for any purpose. Open source services are
provided by a software application running online and providing facilities over
the internet.
Open source services are used for cloud
management, business process management, web content management, data
integration, and project management, among others. Open source cloud computing
offers a high compatibility with a range of products such as Cloudify and Cloud
Foundry. Moreover, it can also be used in software development tools and
software modelling tools.
Major factors driving growth of the open
source services market include increasing number open source foundations and
the expansion in open source licensing choices. Software such as Blender (3D
modeling software), LibreCAD (2D CAD software), and SimPy automatically benefit
from copyright protection, providing the developer control over permission to
make copies of the derivatives. Open source services provide companies the
benefit of cost-effectiveness, and enhanced security and quality. Open source
software do not include charges such as multi-user fees, administration fees,
and upgrading costs. Adoption of open source services is increasing, as it
supports financial savings of businesses by reducing operating costs and
budgets, as well as enables allocation of more finances on beneficial
enterprise services associated with OSS, including user training, support, and
custom development. Demand for open source is increasing, as it is a proven
essential tool for enterprise IT revolution, operational effectiveness, and
business value formation. This in turn, is increasing growth of the open source
services market.
Building an application from open-source
software (OSS) components requires more of integration work such as data
management, data synchronization, load balancing, automatic failover,
collaboration tools etc. Major challenges faced by the open source
services include architectural and operational complexities. For instance,
organizations must deal with new software source which include commercial and
non-commercial suppliers. Such compliance norms act as a major hurdle for
initiating the modern process.
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Global Open Source Services Market Taxonomy
The Global Open Source Service Market is
segmented into
By End User
- Small
and Medium Sized Enterprises (SMEs)
- Large
Enterprises
By Services
- Training
Services
- Consulting
Services
- Implementation
- Support,
Maintenance, and Management Services
By Industries
- Healthcare
- Banking
- Manufacturing
- Others
By Geography
- North
America
- Asia
Pacific (APAC)
- Latin
America
- Europe
- Middle
East
- Africa
Global Open Source Services Market: Regional
Insights
The open source service market is segmented on
the basis of region, into North America, Asia Pacific (APAC), Latin America,
Europe, Middle East, and Africa. North America is estimated to hold the largest
market share in 2017, and the region is expected to retain its dominance
throughout the forecast period. The U.S. being an early adopter of open source
services, it is the leading country in the market with several enterprises such
as HPE, Cisco Systems, Inc., and Red Hat working with several open source
management projects to enhance enterprise capabilities. For example, in October
2017, Red Hat partnered with Alibaba Cloud to strengthen its customer base by
building global cloud customers. In June 2017, Red Hat introduced industry’s
first production-ready fully open source Red Hat HCI solution. Increasing
adoption of big data and automation by various companies is expected to drive
growth of the market in this region. In Latin America, companies such as KIO
networks (Mexico), are adopting cloud-based open services to improve its
operational productivity and efficiency.
Open Source Services Market: Competitive
Background
The open source services market comprises
major players such as Red Hat, Inc. (U.S.), Accenture PLC (Ireland),
Asysco, Bell Integrator, Inc., Capgemini SE, Cognizant, Fujitsu Ltd,
Wipro Ltd. (India), IBM Corporation (U.S.), Infosys (India), Macrosoft Inc. ,
Micro Focus International plc., Tech Mahindra, UST Global, Cisco Systems, Inc.
(U.S.), Atos Information Technology Incorporated (France), HCL Technologies Ltd
(India), HPE (U.S.), and Oracle Corporation (U.S.).
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1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
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