The Open Source Services market is expected to grow from USD 18.44 million in 2019 to USD 54 million by 2026 at a CAGR of 18.8% from 2020 to 2026.
Open source services offer services that specialise in open source technologies across different servers, data integration software and important business solutions. Open source services are transforming the way software applications are developed and deployed as they assist enterprises in achieving their strategic IT goals and minimize the value of application development. Furthermore, open source services also help enterprises improve productivity, performance and maximize efficiency. Open source services are custom-made round the open source software, making them different from the normal IT service offerings. However, developing an application from open-source software (OSS) components entails extensive integration work like collaboration tools, data synchronization, automatic failover, data management, load balancing, etc. Such compliance norms act as a serious hurdle in introducing modern processes. Lack of awareness about specific open source services among various small enterprises is limiting the open source services market growth.
The global Open Source Services market is segregated on the basis of Component as Software and Services. Based on Professional Service the global Open Source Services market is segmented in Cloud and 0n-Premises. Based on Vertical the global Open Source Services market is segmented in Large Enterprises and Small and Medium-sized Enterprises (SMEs).
The global Open Source Services market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The Open Source Services market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
IBM, SUSE, Percona, MuleSoft, Wipro, Accenture, Evoke Technologies, Cisco Systems, Infosys, HPE, and others are among the major players in the global Open Source Services market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
The global Open Source Services market has been segmented as below:
Open Source Services Market, By Component
· Software
· Services
Open Source Services Market, By Professional Service
· Cloud
· 0n-Premises
Open Source Services Market, By Vertical
· Large Enterprises
· Small and Medium-sized Enterprises (SMEs)
Open Source Services Market, By Region
· Europe
· North America
· Asia Pacific
· Rest of The World
Open Source Services Market, By Company
· IBM
· SUSE
· Percona
· MuleSoft
· Wipro
· Accenture
· Evoke Technologies
· Cisco Systems
· Infosys
· HPE
The report covers the below scope:
· Global Open Source Services market sizes from 2015 to 2024, along with CAGR for 2018-2024
· Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
· Global Open Source Services market trends, covering comprehensive range of consumer trends & manufacturer trends
· Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Open Source Services market
· Major market opportunities and challenges in forecast timeframe to be focused
· Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
· Comprehensive company profiles of the key industry players
The years considered for the study are as follows:
· Base year - 2018
· Estimated year - 2019
· Projected year - 2020
· Forecast period - 2021 to 2025
Report Scope:
The global Open Source Services market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Open Source Services market share. Major industry players with significant revenue share include IBM, SUSE, Percona, MuleSoft, Wipro, Accenture, Evoke Technologies, Cisco Systems, Infosys, HPE, and others.
Why to Buy this Report:
· Gain detailed insights on the Open Source Services industry trends
· Find complete analysis on the market status
· Identify the Open Source Services market opportunities and growth segments
· Analyse competitive dynamics by evaluating business segments & product portfolios
· Facilitate strategy planning and industry dynamics to enhance decision making
Target Audience:
The report targeted towards the existing players in the industry is as follows:
· Market Manufacturers/Service Providers
· Market Wholesale/Traders
· Investment and Financial Institutions
Free and Paid Customization based on the requirement
Report Content
1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. Open Source Services Market, By Component
5.1 Introduction
5.2 Software
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Services
5.3.1 Market Overview
5.3.2 Market Size and Forecast
6. Open Source Services Market, By Professional Service
6.1 Introduction
6.2 Cloud
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 0n-Premises
6.3.1 Market Overview
6.3.2 Market Size and Forecast
7. Open Source Services Market, By Vertical
7.1 Introduction
7.2 Large Enterprises
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Small and Medium-sized Enterprises (SMEs)
7.3.1 Market Overview
7.3.2 Market Size and Forecast
8. Open Source Services Market, By Geography
8.1 Introduction
8.2 Europe
8.2.1 Europe Open Source Services, By Component
8.2.2 Europe Open Source Services, By Professional Service
8.2.3 Europe Open Source Services, By Vertical
8.3 North America
8.3.1 North America Open Source Services, By Component
8.3.2 North America Open Source Services, By Professional Service
8.3.3 North America Open Source Services, By Vertical
8.4 Asia Pacific
8.4.1 Asia Pacific Open Source Services, By Component
8.4.2 Asia Pacific Open Source Services, By Professional Service
8.4.3 Asia Pacific Open Source Services, By Vertical
8.5 Rest of The World
8.5.1 Rest of The World Open Source Services, By Component
8.5.2 Rest of The World Open Source Services, By Professional Service
8.5.3 Rest of The World Open Source Services, By Vertical
9. Competitive Insights
9.1 Key Insights
9.2 Company Market Share Analysis
9.3 Strategic Outlook
9.3.1 Mergers & Acquisitions
9.3.2 New Product Development
9.3.3 Portfolio/Production Capacity Expansions
9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5 Others
10. Company Profiles
10.1 IBM
10.1.1 Company Overview
10.1.2 Product/Service Landscape
10.1.3 Financial Overview
10.1.4 Recent Developments
10.2 SUSE
10.2.1 Company Overview
10.2.2 Product/Service Landscape
10.2.3 Financial Overview
10.2.4 Recent Developments
10.3 Percona
10.3.1 Company Overview
10.3.2 Product/Service Landscape
10.3.3 Financial Overview
10.3.4 Recent Developments
10.4 MuleSoft
10.4.1 Company Overview
10.4.2 Product/Service Landscape
10.4.3 Financial Overview
10.4.4 Recent Developments
10.5 Wipro
10.5.1 Company Overview
10.5.2 Product/Service Landscape
10.5.3 Financial Overview
10.5.4 Recent Developments
10.6 Accenture
10.6.1 Company Overview
10.6.2 Product/Service Landscape
10.6.3 Financial Overview
10.6.4 Recent Developments
10.7 Evoke Technologies
10.7.1 Company Overview
10.7.2 Product/Service Landscape
10.7.3 Financial Overview
10.7.4 Recent Developments
10.8 Cisco Systems
10.8.1 Company Overview
10.8.2 Product/Service Landscape
10.8.3 Financial Overview
10.8.4 Recent Developments
10.9 Infosys
10.9.1 Company Overview
10.9.2 Product/Service Landscape
10.9.3 Financial Overview
10.9.4 Recent Developments
10.10 HPE
10.10.1 Company Overview
10.10.2 Product/Service Landscape
10.10.3 Financial Overview
10.10.4 Recent Developments
The global Open Source Services market has been segmented as below:
Open Source Services Market, By Component
· Software
· Services
Open Source Services Market, By Professional Service
· Cloud
· 0n-Premises
Open Source Services Market, By Vertical
· Large Enterprises
· Small and Medium-sized Enterprises (SMEs)
Open Source Services Market, By Region
· Europe
· North America
· Asia Pacific
· Rest of The World
Open Source Services Market, By Company
· IBM
· SUSE
· Percona
· MuleSoft
· Wipro
· Accenture
· Evoke Technologies
· Cisco Systems
· Infosys
· HPE