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8 REASONS WHY YOUR WEBSITE IS MORE IMPORTANT THAN YOUR BUSINESS CARD For becoming a successful entrepreneur we should have abilities to an increase in networking. For becoming successful they all prom...
Open source services are provided by a software application running online and providing facilities over the internet.
Open source services provide companies the benefit of cost-effectiveness and enhanced security and quality. Open source software do not include charges such as multi-user fees, administration fees, and upgrading costs.
Open source services allow users to freely modify a work, integrate work into a larger project, use said work in new ways, or derive a new work based on...
Understanding the concept of open source software solutions and its functionality is key to utilizing the benefits, read further to know more about 6 reasons.
Open source software solutions has become an increasingly popular alternative to proprietary software. Learn the different reasons why businesses are opting for open source software & understanding the concept and functionality of open source software solutions is key to utilizing its benefits. Come to Charter Global to make the transition.
Open source software solutions has become an increasingly popular alternative to proprietary software. Learn the different reasons why businesses are opting for open source software & understanding the concept and functionality of open source software solutions is key to utilizing its benefits. Come to Charter Global to make the transition.
Charter Global offers custom website development, leveraging open source software solutions such as Big Data, IoT, DevOps, and MicroServices, a variety of open source modules, etc.
Charter Global offers custom website development, leveraging open source software solutions such as Big Data, IoT, DevOps, and MicroServices, a variety of open source modules, etc.
By 2022 Open Source Services Market expected to exceed $32.95 from $11.40 Billion in 2017
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
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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.
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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:
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Report:
https://www.marketsandmarkets.com/Market-Reports/open-source-services-market-27852275.html