According to the new 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).
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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.
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.
Browse and
in-depth TOC on "Open
Source Services Market"
12
- Tables
27
- Figures
86
- Pages
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TOC @
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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Research Insight: https://www.marketsandmarkets.com/ResearchInsight/open-source-services-market.asp
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/open-source-services-market.asp
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