Global Open Source Services Market - Technologies, Market share and Industry Forecast to 2024

  • ID: 4655742
  • Report
  • Region: Global
  • 240 Pages
  • Occams Business Research and Consulting
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The Global Open Source Services Market is Expected to Rise with the CAGR of about 24%

FEATURED COMPANIES

  • Accenture (Ireland)
  • Cignex Datamatics (U.S.)
  • Evoke Technologies (U.S.)
  • Hpe (U.S.)
  • Infosys (India)
  • Red Hat (U.S.)
  • MORE

Open source services are those services that are developed as a public collaboration and made freely available to the users. The global open source services market is expected to rise with the CAGR of about 24% during the forecast period 2017-2024.

Accelerated time to market and simplified interoperability of open source technologies promotes the growth of global open source services market during the forecast period. However, high cost of integrating services is one of the major factors restraining the market growth.

Increasing demand of open source services from end users is one of the opportunities whereas, complexity in open source technologies acts as one of the challenges for the global open source services market during the forecast period.

Geographically, global open source services market report has been segmented in regions such as North America, Asia Pacific, Europe and Rest of the World. North America is expected to dominate the global open source services market during the forecast period due to increasing adoption of open source services by enterprises, high investments in cloud-based solutions, etc.

However, Asia Pacific is expected to be the fastest growing region in the global open source services market during the forecast period due to increasing adoption of open source services by various end users across the region, etc.

The report on global open source services market is segmented on the basis of services and verticals. Services segment in global open source services market is divided as consulting services, implementation, support, maintenance, and management services and training services.

Also, verticals segment in global open source services market is divided as banking, financial services, and insurance (BFSI), manufacturing, healthcare and life sciences, retail and distribution and others (telecom, government and defense, education, transportation and logistics, media and entertainment).

Support, maintenance, and management services is expected to dominate the global open source services market during the forecast period due to increasing adoption of open source technologies across business enterprises across the globe.

The growth in the global open source services market is also influenced by the presence of major players such as IBM Corporation (U.S.), Accenture (Ireland), Cisco Systems (U.S.), HCL Technologies (India), Oracle Corporation (U.S.), etc.

In order to gain competitive advantage, the major players of global open source services market are adopting various strategies such as mergers & acquisitions, product launch, strategic partnership, collaboration, joint ventures, investment, strategic expansion, funding etc. during the forecast period.

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FEATURED COMPANIES

  • Accenture (Ireland)
  • Cignex Datamatics (U.S.)
  • Evoke Technologies (U.S.)
  • Hpe (U.S.)
  • Infosys (India)
  • Red Hat (U.S.)
  • MORE

1. Introduction
1.1. Executive Summary
1.2. Estimation Methodology

2. Market Overview
2.1. Global Open Source Services Market : Evolution & Transition
2.2. Market Definition & Scope
2.3. Industry Structure
2.4. Regulatory Framework
2.5. Total Market Analysis
2.5.1. Top 5 Findings
2.5.2. Top 5 Opportunity Markets
2.5.3. Top 5 Companies
2.5.4. Top 3 Competitive Strategies
2.6. Estimation Analysis
2.7. Strategic Analysis
2.7.1. Investment Vs. Adoption Model
2.7.2. 360-Degree Industry Analysis
2.7.3. Porter’S 5 Force Model
2.7.4. See-Saw Analysis
2.7.5. Consumer Analysis And Key Buying Criteria
2.8. Competitive Analysis
2.8.1. Key Strategies & Analysis
2.8.2. Market Share Analysis & Top Company Analysis
2.9. Strategic Recommendations & Key Conclusions
2.9.1. Investment Opportunities By Regions
2.9.2. Opportunities In Emerging Applications
2.9.3. Investment Opportunity In Fastest Growing Segment

3. Market Determinants
3.1. Market Drivers
3.1.1. Accelerated Time-To-Market And Simplified Interoperability
3.1.2. Expansion In Open Source Licensing
3.1.3. Technological Developments
3.1.4. Increased Return On Investments
3.2. Market Restraints
3.2.1. Privacy And Security Concerns
3.2.2. High Cost Of Integrating Services
3.3. Market Opportunities
3.3.1. Increasing Demand From End Users
3.3.2. Emergence Of Cloud Based Technology
3.4.   Market Challenges
3.4.1. Complexity In Open Source Technologies 

4. Global Open Source Services Market  By Service
4.1. Market Definition And Scope
4.2. Decision Support Database & Estimation Methodology
4.3. Comparative Analysis Across Market Segments
4.4. Opportunity Matrix
4.5. Market Segmentation
4.5.1. Global Consulting Services Market 
4.5.1.1. Adoption Scenario & Market Determinants
4.5.1.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.5.1.3. Key Conclusions
4.5.2. Global Implementation Market
4.5.2.1. Adoption Scenario & Market Determinants
4.5.2.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.5.2.3. Key Conclusions
4.5.3. Global Support, Maintenance, And Management Services Market 
4.5.3.1. Adoption Scenario & Market Determinants
4.5.3.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.5.3.3. Key Conclusions
4.5.4. Global Training Services Market 
4.5.4.1. Adoption Scenario & Market Determinants
4.5.4.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.5.4.3. Key Conclusions

5. Global Open Source Services Market  By Vertical
5.1. Market Definition And Scope
5.2. Decision Support Database & Estimation Methodology
5.3. Comparative Analysis Across Market Segments
5.4. Opportunity Matrix
5.5. Market Segmentation
5.5.1. Global Banking, Financial Services, And Insurance (Bfsi) Market
5.5.1.1. Adoption Scenario & Market Determinants
5.5.1.2. Market Estimations And Forecasts 2015-2024 ($ Million)
5.5.1.3. Key Conclusions
5.5.2. Global Manufacturing Market
5.5.2.1. Adoption Scenario & Market Determinants
5.5.2.2. Market Estimations And Forecasts 2015-2024 ($ Million)
5.5.2.3. Key Conclusions
5.5.3. Global Healthcare And Life Sciences Market
5.5.3.1. Adoption Scenario & Market Determinants
5.5.3.2. Market Estimations And Forecasts 2015-2024 ($ Million)
5.5.3.3. Key Conclusions
5.5.4. Global Retail And Distribution Market
5.5.4.1. Adoption Scenario & Market Determinants
5.5.4.2. Market Estimations And Forecasts 2015-2024 ($ Million)
5.5.4.3. Key Conclusions
5.5.5. Global Others Market
5.5.5.1. Adoption Scenario & Market Determinants
5.5.5.2. Market Estimations And Forecasts 2015-2024 ($ Million)
5.5.5.3. Key Conclusions

6. Competitive Landscape
6.1. Key Strategies
6.1.1. List Of Mergers And Acquisition
6.1.2. List Of Joint Ventures
6.1.3. List Of Product Launches
6.1.4. List Of Partnerships

7. Geographic Analysis
7.1. Decision Support Database & Estimation Methodology
7.2. Comparative Analysis Across Market Segments
7.3. Opportunity Matrix
7.4.  Global Open Source Services Market  By Region 2015-2024 
7.4.1. North America
7.4.1.1. Industry Analysis 2015-2024 ($ Million)
7.4.1.2. Top Country Analysis
7.4.1.2.1. U.S.
7.4.1.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.1.2.1.2. Key Conclusions
7.4.1.2.2. Canada
7.4.1.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.1.2.2.2. Key Conclusions
7.4.2. Europe
7.4.2.1. Industry Analysis 2015-2024 ($ Million)
7.4.2.2. Top Country Analysis
7.4.2.2.1. Uk
7.4.2.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.2.2.1.2. Key Conclusions
7.4.2.2.2. France
7.4.2.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.2.2.2.2. Key Conclusions
7.4.2.2.3. Germany
7.4.2.2.3.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.2.2.3.2. Key Conclusions
7.4.2.2.4. Spain
7.4.2.2.4.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.2.2.4.2. Key Conclusions
7.4.2.2.5. Rest Of Europe
7.4.2.2.5.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.2.2.5.2. Key Conclusions
7.4.3. Asia Pacific
7.4.3.1. Industry Analysis 2015-2024 ($ Million)
7.4.3.2. Top Country Analysis
7.4.3.2.1. China
7.4.3.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.3.2.1.2. Key Conclusions
7.4.3.2.2. India
7.4.3.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.3.2.2.2. Key Conclusions
7.4.3.2.3. Japan
7.4.3.2.3.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.3.2.3.2. Key Conclusions
7.4.3.2.4. Australia
7.4.3.2.4.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.3.2.4.2. Key Conclusions
7.4.3.2.5. Rest Of Asia Pacific
7.4.3.2.5.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.3.2.5.2. Key Conclusions
7.4.4. Row
7.4.4.1. Industry Analysis 2015-2024 ($ Million)
7.4.4.2. Top Country Analysis
7.4.4.2.1. Latin America
7.4.4.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.4.2.1.2. Key Conclusions
7.4.4.2.2. Middle East & Africa
7.4.4.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.4.2.2.2. Key Conclusions

8. Company Profiles
8.1. Accenture (Ireland)
8.1.1. Overview
8.1.2. Product Portfolio
8.1.3. Strategic Initiatives
8.1.4. Scot Analysis
8.1.5. Strategic Analysis
8.2. Atos (France)
8.2.1. Overview
8.2.2. Product Portfolio
8.2.3. Strategic Initiatives
8.2.4. Scot Analysis
8.2.5. Strategic Analysis
8.3. Cignex Datamatics (U.S.)
8.3.1. Overview
8.3.2. Product Portfolio
8.3.3. Strategic Initiatives
8.3.4. Scot Analysis
8.3.5. Strategic Analysis
8.4. Cisco Systems (U.S.)
8.4.1. Overview
8.4.2. Product Portfolio
8.4.3. Strategic Initiatives
8.4.4. Scot Analysis
8.4.5. Strategic Analysis
8.5. Evoke Technologies (U.S.)
8.5.1. Overview
8.5.2. Product Portfolio
8.5.3. Strategic Initiatives
8.5.4. Scot Analysis
8.5.5. Strategic Analysis
8.6. Hcl Technologies (India)
8.6.1. Overview
8.6.2. Product Portfolio
8.6.3. Strategic Initiatives
8.6.4. Scot Analysis
8.6.5. Strategic Analysis
8.7. Hpe (U.S.)
8.7.1. Overview
8.7.2. Product Portfolio
8.7.3. Strategic Initiatives
8.7.4. Scot Analysis
8.7.5. Strategic Analysis
8.8. Ibm Corporation (U.S.)
8.8.1. Overview
8.8.2. Product Portfolio
8.8.3. Strategic Initiatives
8.8.4. Scot Analysis
8.8.5. Strategic Analysis
8.9. Infosys (India)
8.9.1. Overview
8.9.2. Product Portfolio
8.9.3. Strategic Initiatives
8.9.4. Scot Analysis
8.9.5. Strategic Analysis
8.10. Intelliswift Software, Inc. (India)
8.10.1. Overview
8.10.2. Product Portfolio
8.10.3. Strategic Initiatives
8.10.4. Scot Analysis
8.10.5. Strategic Analysis
8.11. Oracle Corporation (U.S.)
8.11.1. Overview
8.11.2. Product Portfolio
8.11.3. Strategic Initiatives
8.11.4. Scot Analysis
8.11.5. Strategic Analysis
8.12. Red Hat (U.S.)
8.12.1. Overview 
8.12.2. Product Portfolio
8.12.3. Strategic Initiatives
8.12.4. Scot Analysis
8.12.5. Strategic Analysis
8.13. Tieto (Finland)
8.13.1. Overview
8.13.2. Product Portfolio
8.13.3. Strategic Initiatives
8.13.4. Scot Analysis
8.13.5. Strategic Analysis
8.14. Visolve Inc. (U.S.)
8.14.1. Overview
8.14.2. Product Portfolio
8.14.3. Strategic Initiatives
8.14.4. Scot Analysis
8.14.5. Strategic Analysis
8.15. Wipro (India)
8.15.1. Overview
8.15.2. Product Portfolio
8.15.3. Strategic Initiatives
8.15.4. Scot Analysis
8.15.5. Strategic Analysis

List Of Tables
1. Global Open Source Services Market  By Service 2015-2024 ($ Million)
2. Global Consulting Services Market  By Geography 2015-2024 ($ Million)
3. Global Implementation Market By Geography 2015-2024 ($ Million)
4. Global Support, Maintenance, And Management Services Market  By Geography 2015-2024 ($ Million)
5. Global Training Services Market  By Geography 2015-2024 ($ Million)
6. Global Open Source Services Market  By Vertical 2015-2024 ($ Million)
7. Global Banking, Financial Services, And Insurance (Bfsi) Market By Geography 2015-2024 ($ Million)
8. Global Manufacturing Market By Geography 2015-2024 ($ Million)
9. Global Healthcare And Life Sciences Market By Geography 2015-2024 ($ Million)
10. Global Retail And Distribution Market By Geography 2015-2024 ($ Million)
11. Global Others Market By Geography 2015-2024 ($ Million)
12. Global Open Source Services Market  By Geography 2015-2024 ($ Million)
13. North America Open Source Services Market  2015-2024 ($ Million)
14. Europe Open Source Services Market  2015-2024 ($ Million)
15. Asia Pacific Open Source Services Market  2015-2024 ($ Million)
16. Rest Of The World Open Source Services Market  2015-2024 ($ Million)
17. North America Open Source Services Market  By Service 2015-2024 ($ Million)
18. Europe Open Source Services Market  By Service 2015-2024 ($ Million)
19. Asia Pacific Open Source Services Market  By Service 2015-2024 ($ Million)
20. Rest Of The World Open Source Servicesmarket By Service 2015-2024 ($ Million)
21. North America Open Source Services Market By Vertical 2015-2024 ($ Million)
22. Europe Open Source Services Market  By Vertical 2015-2024 ($ Million)
23. Asia Pacific Open Source Services Market By Vertical 2015-2024 ($ Million)
24. Rest Of The World Open Source Services Market By Vertical 2015-2024 ($ Million)
25. United States Open Source Services Market By Service 2015-2024 ($ Million)
26. United States Open Source Services Market By Vertical 2015-2024 ($ Million)
27. Canada Open Source Services Market By Service 2015-2024 ($ Million)
28. Canada Open Source Services Market By Vertical 2015-2024 ($ Million)
29. Uk Open Source Services Market By Service 2015-2024 ($ Million)
30. Uk Open Source Services Market By Vertical 2015-2024 ($ Million)
31. France Open Source Services Market By Service 2015-2024 ($ Million)
32. France Open Source Services Market By Vertical 2015-2024 ($ Million)
33. Germany Open Source Services Market By Service 2015-2024 ($ Million)
34. Germany Open Source Services Market By Vertical 2015-2024 ($ Million)
35. Spain Open Source Services Market By Service 2015-2024 ($ Million)
36. Spain Open Source Services Market By Vertical 2015-2024 ($ Million)
37. Roe Open Source Services Market By Service 2015-2024 ($ Million)
38. Roe Open Source Services Market By Vertical 2015-2024 ($ Million)
39. China Open Source Services Market By Service 2015-2024 ($ Million)
40. China Open Source Services Market By Vertical 2015-2024 ($ Million)
41. India Open Source Services Market By Service 2015-2024 ($ Million)
42. India Open Source Services Market By Vertical 2015-2024 ($ Million)
43. Japan Open Source Services Market By Service 2015-2024 ($ Million)
44. Japan Open Source Services Market By Vertical 2015-2024 ($ Million)
45. Australia Open Source Services Market By Service 2015-2024 ($ Million)
46. Australia Open Source Services Market By Vertical 2015-2024 ($ Million)
47. Roapac Open Source Services Market By Service 2015-2024 ($ Million)
48. Roapac Open Source Services Market By Vertical 2015-2024 ($ Million)
49. Latin America Open Source Services Market By Service 2015-2024 ($ Million)
50. Latin America Open Source Services Market By Vertical 2015-2024 ($ Million)
51. Mena Open Source Services Market By Service 2015-2024 ($ Million)
52. Mena Open Source Services Market By Vertical 2015-2024 ($ Million)

List Of Figures
1. Global Consulting Services Market  2015-2024 ($ Million)
2. Global Implementation Market 2015-2024 ($ Million)
3. Global Support, Maintenance, And Management Services Market  2015-2024 ($ Million)
4. Global Training Services Market  2015-2024 ($ Million)
5. Global Banking, Financial Services, And Insurance (Bfsi) Market 2015-2024 ($ Million)
6. Global Manufacturing Market 2015-2024 ($ Million)
7. Global Healthcare And Life Sciences Market 2015-2024 ($ Million)
8. Global Retail And Distribution Market 2015-2024 ($ Million)
9. Global Others Market 2015-2024 ($ Million)
10. United States (U.S.) Open Source Services Market  2015-2024 ($ Million)
11. Canada Open Source Services Market  2015-2024 ($ Million)
12. United Kingdom (Uk) Open Source Services Market  2015-2024 ($ Million)
13. France Open Source Services Market  2015-2024 ($ Million)
14. Germany Open Source Services Market  2015-2024 ($ Million)
15. Spain Open Source Services Market  2015-2024 ($ Million)
16. Roe Open Source Services Market  2015-2024 ($ Million)
17. China Open Source Services Market  2015-2024 ($ Million)
18. India Open Source Services Market  2015-2024 ($ Million)
19. Japan Open Source Services Market  2015-2024 ($ Million)
20. Australia Open Source Services Market  2015-2024 ($ Million)
21. Roapac Open Source Services Market  2015-2024 ($ Million)
22. Latin America Open Source Services Market  2015-2024 ($ Million)
23. Mena Open Source Services Market  2015-2024 ($ Million)

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FEATURED COMPANIES

  • Accenture (Ireland)
  • Cignex Datamatics (U.S.)
  • Evoke Technologies (U.S.)
  • Hpe (U.S.)
  • Infosys (India)
  • Red Hat (U.S.)
  • MORE

Global open source services market is expected to witness a strong growth rate through 2024

Open source services refers to such services whose source code is generated under a license and the copyright holder grants the right to study, change and distribute the services to the user. Open source services are developed as a public collaboration and made available freely to the user.

Open source services majorly includes consulting services, software development, support and implementation services, open source roadmap, open source maturity assessments, etc. Global open source services market is expected to rise with the CAGR of about 24.0% during the forecast period 2017-2024.

Technological advancements and developments in open source services is one of the major factors that contributes towards the growth of global open source services market during the forecast period. According to the Institute of Electrical and Electronics Engineers (IEEE, United States), the development of TCS Network as a Service (TNaaS) provides a vendor agnostic network as a service for cloud provisioning. TNaaS is modular in nature and open source middle layer single umbrella platform based on network as a service that is highly adopted by the business enterprises.

Further, the development of open source Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) is widely adopted in public administration datacenter. Open source infrastructure as a service is majorly used to deploy and manage large number of virtual private servers in a data center. Open source platform as a service tools are common for use among small business users and can also be applied across large company size.

Moreover, the development of storage as a service on cloud with the use of OpenStack is widely adopted to store personal data of the user. The personal data is encrypted and stored on the private cloud by ensuring security of data through Advanced Encryption Standard (AES) encrypting algorithm, as per the Institute of Electrical and Electronics Engineers.

Such technological developments and innovations in open source services is expected to increase its adoption among business organizations and enterprises. This is expected to promote the growth of global open source services market during the forecast period.

Asia Pacific: The most lucrative region
Asia Pacific is expected to emerge as the fastest growing region in the global open source services market during the forecast period. Increasing digitalization, rising IT spending, strategic initiatives taken by the market players for the development and deployment of open source technologies across the region, etc. are some of the major factors that contributes towards the fastest growth rate of Asia Pacific in open source services market during the forecast period.

For instance, as per the Global Innovation & Technology Alliance (GITA, India), Asia Pacific aims to achieve 67% of digitization by the end of 2020 from 32% in 2016. This would increase the demand and adoption of open source services. Also, strategic initiatives taken by the market players is expected to promote the market growth in Asia Pacific.

According to the official company sources, in 2015, Intelliswift Software, Inc. (leading software solutions and staffing company) acquired Premier Legal Staffing, Inc. for the development of open source technologies. The acquisition is expected to increase Intelliswift’s market share in specialized areas such as standards bodies, open source, licensing, agreements, etc.

Further, in 2017, HCL Technologies and Red Hat collaborated to offer Linux based virtual infrastructure (cloud infrastructure leasing service) for companies. Through this collaboration, HCL Technologies would use OpenShift technology of Red Hat to reduce the requirement for hardware and also costs, as per the official company sources.

Such factors are expected to further increase the adoption of open source technologies across business enterprises of the region. This is expected to contribute towards the fastest growth rate of Asia Pacific in open source services market during the forecast period.

Emergence of cloud based technology to fuel large scale adoption of open source services
Emergence of cloud based open source platforms is one of the major factors that contributes towards the growth of global open source services market during the forecast period. According to the Institute of Electrical and Electronics Engineers, the development of private cloud based on open source, ownCloud is widely used for data storage in the corporate environment.

Further, the development of Task-Manageras-a-Service in Apache CloudStack allows the user to execute tasks from within interface of Apache CloudStack. It also supports task deployment, retrieval, and management in external SSH (Secure Shell) reachable computing resources, as per the Institute of Electrical and Electronics Engineers. This is expected to promote the growth of global open source services market during the forecast period.

However, privacy and security concerns and high cost of integrating services are some of the major factors restraining the growth of global open source services market during the forecast period.

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  • Accenture (Ireland)
  • Atos (France)
  • Cignex Datamatics (U.S.)
  • Cisco Systems (U.S.)
  • Evoke Technologies (U.S.)
  • Hcl Technologies (India)
  • Hpe (U.S.)
  • Ibm Corporation (U.S.)
  • Infosys (India)
  • Intelliswift Software, Inc. (India)
  • Oracle Corporation (U.S.)
  • Red Hat (U.S.)
  • Tieto (Finland)
  • Visolve Inc. (U.S.)
  • Wipro (India)
Note: Product cover images may vary from those shown
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