According to market
research report "Open Source Services Market by Service Type (Support, Maintenance and Management,
Implementation, Consulting), Industry (Manufacturing, Healthcare and Life
Sciences, Retail and Distribution), and Region - Global Forecast to 2022", The global open source services market size is expected to grow
from USD 11.40 Billion in 2017 to USD 32.95 Billion by 2022, at a Compound
Annual Growth Rate (CAGR) of 23.65% during the forecast period (2017–2022). The
reduction in the total cost of ownership and the increased return on
investments are expected to be the major factors driving the growth of the open
source services market. Open source adoption in organizations is expected to
grow across all the IT segments to avail the flexibility and effectiveness in
performing tasks with benefits, such as reduced costs, accelerated
time-to-market, and simplified interoperability.
Browse and
in-depth TOC on “Open Source Services Market”
12
- Tables
27
- Figures
The rapid adoption of open source services in North America is expected to drive the regional market during forecast period.
North America is
estimated to hold the largest market size in 2017, and the region is expected
to dominate the market during the forecast period. Enterprises are adopting
open source services. In fact, they are using open source services for their
specific requirements. They are developing open source solution strategies for
5 major reasons: cost, support, flexibility, community, and the platform.
Globally, the
manufacturing industry vertical is expected to lead in terms of open source
services adoption.
The manufacturing
industry vertical is expected to dominate the open source services market by
vertical during the forecast period. The manufacturing companies would continue
to adopt open source services, primarily for production planning, inventory
planning, and demand forecasting.
Support, Maintenance, and
Management Services segment is to hold the largest market size during forecast
period.
The support, maintenance,
and management services segment is expected to hold the largest market size,
due to the increasing adoption of open source technologies across enterprises
of all sizes.
The major vendors in the
open source services market include Red Hat (US), Accenture (Ireland), Wipro
(India), IBM (US), Infosys (India), Cisco Systems (US), Atos (France), HCL
(India), HPE (US), and Oracle (US).
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Content Source: https://www.marketsandmarkets.com/PressReleases/open-source-services.asp
Report: https://www.marketsandmarkets.com/Market-Reports/open-source-services-market-27852275.html
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/open-source-services.asp
Report: https://www.marketsandmarkets.com/Market-Reports/open-source-services-market-27852275.html
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