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open source services market

Open Source Services Market by Industry (Banking, Financial Services and Insurance, Manufacturing, Healthcare and Life Sciences, Retail and Distribution, Others), Service Type (Consulting Services, Implementation, Support, Maintenance and Management, and Training Service), and Geography (North America, Europe, APAC and RoW) - Global Forecast to 2026

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Open source service is a type of software where source code is released by the copyright holders for users to utilize, study, and also can modify it. The users can deliver the software to anyone on any Platform. Globally, the open-source services help the firm to achieve IT strategic goals and help to improve the performance, productivity, and maximize the efficiency of the organization. The major factors driving the open source services market are accessibility to the source code to all the firms, and low cost than the proprietary solutions as well as simple interoperability.

Research Methodology:

The Open source services market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology, along with an irreplaceable blend of primary insights. The real-time assessment of the market is an integral part of our market sizing and forecasting methodology. Our industry experts and panel of primary participants have helped in compiling relevant aspects with realistic parametric estimations for a comprehensive study. The participation share of different categories of primary participants is given below:

Open Source Services Market

The demand for the open-source services market is supporting the market growth. Somehow, the open-source services have certain security challenges that are drawing down on market growth. Open Source Services Market is predicted to grow at a CAGR of ~21.75% with a value expecting to reach $66.84 billion by 2026.

The scope of the Open Source Services Market is defined in the market analysis as follows:

  • Based on Industry:

                             · Banking, Financial Services, and Insurance

· Manufacturing

· Healthcare and Life Sciences

· Retail and Distribution

· Others

  • Based on Service:

· Consulting Services

· Implementation

· Support, Maintenance, and Management Services  

· Training Services

  • Based on Geography:

· North America

· Europe

· Asia Pacific

· Rest of the World

The open-source services market based on industry In industry segment, the manufacturing industry is having the largest share in the open-source market due to the adoption of open source in the manufacturing industry as well as due to the high adoption of production planning, inventory planning and estimation of demand in the manufacturing industry. The banking, financial services, and insurance industry are also expected to have the next large share in the market as this industry adopted the customer relationship management solutions to approach the customers.

Further, the open-source services market based on service is segmented into consulting services, implementation, support, maintenance and management services, and training services. The consulting service has acquired the largest share in the open-source services market as many players competing in the open-source services market are highly developing strategies to promote the awareness about Linux and other open-source operating systems for the developers.          

Global Open Source Services Market

The open-source services market based on regional segmentation is divided into North America, Europe, Asia Pacific, and RoW. North America has been the largest contributor in the open-source market growth due to the high funding in the cloud-based solutions and early acquisition of advanced technologies and solutions for the better performance of the enterprise. Asia Pacific is also a region, which is contributing towards the market share growth, especially in China, where a lot of companies are dependent on IT technology, which is increasing the utilization of the open-source.  

Globally, the Open Source Services Market is growing at a CAGR of ~21.75% during the forecast period of 2020-2026. The factors driving this market are cost-effective service, accessible software to everyone in the business for providing valuable solutions for the enterprise. In addition, the open-source service gives the secured data. Rapidly increasing demand for real-time important data and requirement of the open-source intelligence market gives support in the growth of the open-source market. However, highly complicated open-source intelligence is a restrain to the open-source market growth. 

The report also includes the analysis of major players in the Open Source services market. Some of the major players consist of Red Hat, Wipro, Accenture, Infosys, IBM, ATOS, Cisco Systems, HPE, HCL, and Oracle.

Globally, the demand for the open-source services market is increasing, especially in IT-oriented   firms, for the enhancement of operational effectiveness. This report will help the market players to understand the key market trends, market dynamics, and dynamic need of the end-users. The qualitative and quantitative analysis enhances the user experience of the report. 

  • The competitive analysis of the major players enables users to understand the dynamic strategies such as product innovation, partnerships, merger & acquisitions and joint ventures of the key players
  • This report also provides the portfolio analysis, capability analysis of the leading players 
  • Quantitative analysis of the market enables users to understand the actual facts of the market across four major regions

 

 

 

1. Executive Summary

2. Industry Outlook

2.1. Industry Overview

2.2. Industry Trends

3. Market Snapshot

3.1. Total Adressable Market

3.2. Segment Addressable Market

3.2.1. PEST Analysis

3.2.2. Porter Five Forces

3.3. Related Markets

3.4. Ecosystem

4. Market Outlook

4.1. Overview

4.1.1. Market Evolution

4.2. Market Trends and Impact

4.3. Pricing Analysis

4.4. Market Segmentation

4.5. Market Dynamics

4.5.1. Drivers

4.5.2. Restraints

4.5.3. Opportunities

4.6. DRO - Impact Analysis

5. Industry: Market Size & Analysis

5.1. Overview

5.2. Banking, Financial Services, and Insurance

5.3. Manufacturing

5.4. Healthcare and Life Sciences

5.5. Retail and Distribution

5.6. Others

6. Service: Market Size & Analysis

6.1. Overview

6.2. Consulting Services

6.3. Implementation

6.4. Support, Maintenance, and Management Services

6.5. Training Services

7. Geography: Market Size & Analysis

7.1. Overview

7.2. North America

7.3. Europe

7.4. Asia Pacific

7.5. Rest of the World

8. Competitive Landscape

8.1. Competitor Comparison Analysis

8.2. Market Developments

8.3. Mergers and Acquisitions, Legal, Awards, Partnerships

8.4. Product Launches and execution

9. Vendor Profiles

9.1. Red Hat

9.1.1. Overview

9.1.2. Business Units

9.1.3. Geographic Revenue

9.1.4. Product Offerings

9.1.5. Developments

9.1.6. Business Strategy

9.2. Accenture

9.2.1. Overview

9.2.2. Business Units

9.2.3. Geographic Revenue

9.2.4. Product Offerings

9.2.5. Developments

9.2.6. Business Strategy

9.3. Wipro

9.3.1. Overview

9.3.2. Business Units

9.3.3. Geographic Revenue

9.3.4. Product Offerings

9.3.5. Developments

9.3.6. Business Strategy

9.4. IBM

9.4.1. Overview

9.4.2. Business Units

9.4.3. Geographic Revenue

9.4.4. Product Offerings

9.4.5. Developments

9.4.6. Business Strategy

9.5. Infosys

9.5.1. Overview

9.5.2. Business Units

9.5.3. Geographic Revenue

9.5.4. Product Offerings

9.5.5. Developments

9.5.6. Business Strategy

9.6. Cisco Systems

9.6.1. Overview

9.6.2. Business Units

9.6.3. Geographic Revenue

9.6.4. Product Offerings

9.6.5. Developments

9.6.6. Business Strategy

9.7. ATOS

9.7.1. Overview

9.7.2. Business Units

9.7.3. Geographic Revenue

9.7.4. Product Offerings

9.7.5. Developments

9.7.6. Business Strategy

9.8. HCL

9.8.1. Overview

9.8.2. Business Units

9.8.3. Geographic Revenue

9.8.4. Product Offerings

9.8.5. Developments

9.8.6. Business Strategy

9.9. HPE

9.9.1. Overview

9.9.2. Business Units

9.9.3. Geographic Revenue

9.9.4. Product Offerings

9.9.5. Developments

9.9.6. Business Strategy

9.10. Oracle  

9.10.1. Overview

9.10.2. Business Units

9.10.3. Geographic Revenue

9.10.4. Product Offerings

9.10.5. Developments

9.10.6. Business Strategy

10. Analyst Opinion

11. Annexure

11.1. Report Scope

11.2. Market Definitions

11.3. Research Methodology

11.3.1. Data Collation and In-house Estimation

11.3.2. Market Triangulation

11.3.3. Forecasting

11.4. Report Assumptions

11.5. Declarations

11.6. Stakeholders

11.7. Abbreviations

Research Framework

Infoholic Research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:

  • Data Collation (Primary & Secondary)
  • In-house Estimation (Based on proprietary data bases and Models)
  • Market Triangulation
  • Forecasting
Methodology

Market related information is congregated from both primary and secondary sources.

Primary sources

Involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.

Secondary sources

Include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.

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Open Source Services Market by Industry (Banking, Financial Services and Insurance, Manufacturing, Healthcare and Life Sciences, Retail and Distribution, Others), Service Type (Consulting Services, Implementation, Support, Maintenance and Management, and Training Service), and Geography (North America, Europe, APAC and RoW) - Global Forecast to 2026
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