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. Adoption of open source services is increasing, as it supports financial
savings of businesses by reducing operating costs and budgets, as well as enables
allocation of more finances on beneficial enterprise services associated with OSS,
including user training, support, and custom development. Demand for open source is
increasing, as it is a proven essential tool for enterprise IT revolution, operational
effectiveness, and business value formation. This in turn, is increasing growth of the
open source services market.
Building an application from open-source software (OSS) components requires more of
integration work such as data management, data synchronization, load balancing,
automatic failover, collaboration tools etc. Major challenges faced by the open source
services include architectural and operational complexities. For instance, organizations
must deal with new software source which include commercial and non-commercial
suppliers. Such compliance norms act as a major hurdle for initiating the modern
process.
Global Open Source Services Market: Regional Insights
The open source service market is segmented on the basis of region, into North America,
Asia Pacific (APAC), Latin America, Europe, Middle East, and Africa. North America is
estimated to hold the largest market share in 2017, and the region is expected to retain
its dominance throughout the forecast period. The U.S. being an early adopter of open
source services, it is the leading country in the market with several enterprises such as
HPE, Cisco Systems, Inc., and Red Hat working with several open source management
projects to enhance enterprise capabilities. For example, in October 2017, Red Hat
partnered with Alibaba Cloud to strengthen its customer base by building global cloud
customers. In June 2017, Red Hat introduced industry’s first production-ready fully open
source Red Hat HCI solution. Increasing adoption of big data and automation by various
companies is expected to drive growth of the market in this region. In Latin America,
companies such as KIO networks (Mexico), are adopting cloud-based open services to
improve
its
operational
productivity
and
efficiency.
Read detail market study @ https://www.coherentmarketinsights.com/ongoing-
insight/global-open-source-services-market-1303
Open Source Services Market: Competitive Background
The open source services market comprises major players such as Red Hat, Inc. (U.S.),
Accenture PLC (Ireland), Asysco, Bell Integrator, Inc., Capgemini SE, Cognizant, Fujitsu
Ltd, Wipro Ltd. (India), IBM Corporation (U.S.), Infosys (India), Macrosoft Inc. , Micro Focus