Press release
Open Source Services Market 2024-2033 : Industry Analysis, Size, Share, Growth And Forecast | IBM Corporation, Oracle Corporation, Hewlett Packard Enterprise, Cisco Systems
Open Source Services Global Market Report 2024
The open source services market size is expected to see exponential growth in the next few years. It will grow to $107.46 billion in 2028 at a compound annual growth rate (CAGR) of 24.3%. The growth in the forecast period can be attributed to rising the utilization of cloud computing, rising government support, and growing number of tech savvy people. Major trends in the forecast period include introduction of new open-source versions, launch of quantum-centric supercomputing, investing on artificial intelligence, technological advancements and product launches.
Market Overview -
Open source services refer to software for which the source code is made freely available and may be redistributed and modified according to the requirement of the user. OSS typically includes a license that allows programmers to modify the software to best fit the needs and control how the software can be distributed. Open source code is shared publicly. Anyone can access the repository to use the code independently or contribute to the improvements of the design and functionality of the project.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=5851&type=smp
Open Source Services Market Thrives On Reduced Costs And Accelerated Time-To-Market
Reduced cost of ownership and time to market has been contributing to the growth of the open-source services market. MySQL Databases, Apache HTTP Server, WordPress by Automatic, Ubuntu by Canonical, MuleSoft Data Integration Platform, and Red Hat are using open source. Using OSS can reduce development costs to clients in numerous ways, such as costs associated with acquisition, deployment, support and maintenance. For instance, according to a study published by Linux Foundation Consulting, clients using open system software save 20-55% over commercial solutions; these cost savings start with acquisition but extend to deployment, support, and maintenance. Reduced cost of ownership and time to market will drive the growth of the open source services market during the forecast period.
Competitive Landscape -
Major companies operating in the open source services market report are IBM Corporation, Oracle Corporation, Hewlett Packard Enterprise, Cisco Systems, Infosys, Salesforce.com, HCL, Atos Information Technology Incorporated, Wipro, Appsmith, Zilliz, Alibaba, Tencent, Endor Labs, Dgraph Labs, ToolJet, ValarDigital, 5ire, CivicDataLab, Swan Solutions & Services Pvt. Ltd, UCloud Information Technology, Mindee, Luos, Platform.sh, Strapi, PrestaShop, Bonitasoft, SensioLabs, draw.io, Sysdig, Giskard, Starburst, Bucharest DevOps Hackers Meetup, JSHeroes Meetups, SKB Kontur, Saleor Commerce, Tensor, Pachyderm, Rapid Silicon, Mirantis, SpiderOak, Eclipse Foundation, Appnovation, LifeRaft, PerfectlySoft Inc, BoxOfDocs, Cogdina, Sonatafy Technology, GoNet, Teravision Technologies, Extendo, ClickIT Smart Technologies, Altoros, Exoft, CodeNinja,, Tuxdi, Flowing Code, Zarego, GitHub, Treeverse, flexiWAN, Linnovate, AeroBase Group, Inc, Foretold, OpenSource Intelligent Solutions (Pty) Ltd, Bridge IT Support, Axial Technologies (Pty) Ltd, Saturn Technologies, Data.world, Hope La Fleur Communications Networks, Green IT Web, Net Advertising Solutions
Technology Advancements Propel Major Companies In The Open-Source Services Market
Major companies operating in open-source services are focusing on advancements in technology to strengthen their position in the market. For instance, in September 2022, Google AI, a US-based company division of Google dedicated to artificial intelligence that provides open source services, launched TensorStore, an open-source C++ and Python library structured for the storage and manipulation of n-dimensional data. Through improved management and processing of massive datasets, the library seeks to address important engineering difficulties in scientific computing.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/open-source-services-global-market-report
Key Segments -
The open source services market covered in this report is segmented -
1) By Service Type: Professional Services, Management Services
2) By End-Use Industry: Banking, Financial Services And Insurance (BFSI), Telecom And IT, Manufacturing, Government, Healthcare, Retail, Other End-User
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model "
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Open Source Services Market 2024-2033 : Industry Analysis, Size, Share, Growth And Forecast | IBM Corporation, Oracle Corporation, Hewlett Packard Enterprise, Cisco Systems here
News-ID: 3468717 • Views: …
More Releases from The Business Research Company
Procurement Analytics Market Trends, Top Companies, Share, Growth And Forecast 2 …
The procurement analytics market size has grown rapidly in recent years. It will grow from $4.66 billion in 2023 to $5.47 billion in 2024 at a compound annual growth rate (CAGR) of 17.4%. The growth in the historic period can be attributed to cost reduction imperatives, supplier performance management, compliance and risk mitigation, strategic sourcing optimization, enhanced spend visibility..
The procurement analytics market size is expected to see exponential…
Plasma Fractionation Global Market Analysis, Trends, Growth, Research And Foreca …
The plasma fractionation market size has grown strongly in recent years. It will grow from $28.95 billion in 2023 to $31.78 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to growing prevalence of hemophilia and immunodeficiency disorders, increased aging population, rising demand for immunoglobulins, expansion of plasma collection centers, growing number of surgical procedures .
The…
Wealth Management Platform Global Market Analysis, Trends, Growth, Research And …
The wealth management platform market size has grown rapidly in recent years. It will grow from $3.92 billion in 2023 to $4.45 billion in 2024 at a compound annual growth rate (CAGR) of 13.5%. The growth in the historic period can be attributed to an increase in the number of HNWIs across the globe, growing digitalization across the financial sector, growing concerns about data security and bank safety, use…
Spreadsheet Software Market 2024 Report By Key Companies, Regional Analysis And …
The spreadsheet software market size has grown strongly in recent years. It will grow from $10.05 billion in 2023 to $10.79 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to user interface improvements, increasing adoption of cloud computing, and the emergence of open-source alternatives.
The spreadsheet software market size is expected to see strong growth in the…
More Releases for Services
Electrical Services Market Next Big Thing | Major Giants SSI Electrical Services …
A new business intelligence report released by AMA with title "Electrical Services Market" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Electrical Services Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and…
AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & …
Kunal Repair & Services is growing on-demand home services platform in India and we are currently operating in Gurgaon. We offer an array of services which include AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & Repair, R.O Services & Repair, Microwave Services & Repair, Geyser Services & Repair. Our operating philosophy for solving this massive problem is - Right price.
To know why we do what we…
Electrical Services Market Technology and Outlook 2023 Top Companies are Allianc …
A report added to the rich database of Qurate Business Intelligence, titled “Global Electrical Services Market Size, Status and Forecast 2023”, provides a 360-degree overview of the worldwide market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the data reliable in context…
Electrical Services Market Size 2018: Alliance Electrical Services, Housejoy, Te …
In 2017, the global Electrical Services market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025.
This report focuses on the global Electrical Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Electrical Services development in United States, Europe and China.
Get Sample Copy of this report @ http://www.orbisresearch.com/contacts/request-sample/2311492…
Global Electrical Services Market 2018 Key Players: Alliance Electrical Services …
Electrical Services Market:
WiseGuyReports.com adds “Electrical Services Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2025”reports to its database.
Executive Summary
This report studies the global Electrical Services market, analyzes and researches the Electrical Services development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
Alliance Electrical Services
Housejoy
Texas Electrical Services
Able Electrical Services
Wyer Electrical Services
SSI Electrical…
Dental Services Market: Coast Dental Services, Pacific Dental Services
HTF MI published a new industry research that focuses on Dental Services market and delivers in-depth market analysis and future prospects of Global Dental Services market. The study covers significant data which makes the research document a handy resource for managers, analysts, industry experts and other key people get ready-to-access and self-analyzed study along with graphs and tables to help understand market trends, drivers and market challenges. The study is…
