Global Open Source Services Market – Technologies, Market Share and Industry Forecast to 2024: Expected to Grow at a CAGR of 24% – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global
Open Source Services Market – Technologies, Market share and Industry
Forecast to 2024”
report has been added to ResearchAndMarkets.com’s
offering.

Global open source services market is expected to rise with the CAGR of
about 24% 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.

Further, the development of open source Infrastructure as a Service
(IaaS) and Platform as a Service (PaaS) is widely adopted in public
administration datacenter.

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.

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.

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-Manager-as-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.

Market Dynamics

Drivers

  • Accelerated Time-to-Market and Simplified Interoperability
  • Expansion in Open Source Licensing
  • Technological Developments
  • Increased Return on Investments

Restraints

  • Privacy and Security Concerns
  • High Cost of Integrating Services

Opportunities

  • Increasing Demand From End Users
  • Emergence of Cloud Based Technology

Challenges

  • Complexity in Open Source Technologies

Key Topics Covered

1. Introduction

2. Market Overview

3. Market Determinants

4. Global Open Source Services Market, By Service

5. Global Open Source Services Market, By Vertical

6. Competitive Landscape

7. Geographic Analysis

8. Company Profiles

  • 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)

For more information about this report visit https://www.researchandmarkets.com/research/hgn7mp/global_open?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For
E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call
1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related
Topics: Software

leverton

I have been involved with publishing and marketing for the past 32 years. My passion is helping people share their voice. I am able to do this through two important venues: One, with Area-Info.net where people can share everything from opinions to events to news. It is your choice! What do you want to share? Two, through a new program called America's Real Deal I am involved with to help business owners get their voice heard.I schedule speaking engagements with community groups and business groups to share my passion about the importance of "sharing your voice".Contact me directly at lee@leeeverton.com for scheduling information.