Open Source Services Market

Open Source Services Market with COVID-19 Impact, by Service Type (Professional Services and Managed Services), Vertical (Manufacturing, BFSI, Telecommunications, Healthcare and Life Sciences, IT & ITeS ), and Region - Global Forecast to 2026

Report Code: TC 5972 Sep, 2021, by marketsandmarkets.com

[130 Pages Report] The global open source services market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 18.2% during the forecast period, to reach USD 50.0 billion by 2026 from USD 21.7 billion in 2021. Key factors that are expected to drive the growth of the market are lower software licensing cost and simpler management, compelling need to adopt higher quality software offering more flexibility, agility, and reliability, and rising trend of open standards that support community and collaborative development. These factors are driving the demand for open source services market.

The open source services market is fragmented as there is presence of large number of players across market. The major factors that are expected to drive the adoption of open source services among large enterprises, as well as SMEs across several verticals, including IT and ITeS, transportation and logistics, telecommunications, banking, financial services and insurance (BFSI), manufacturing, healthcare and life sciences, consumer goods and retail, and others (government, media and entertainment, and education), are increasing adoption of cloud and digital transformation. Developing countries across APAC and MEA are expected to offer more opportunities for vendors in the market. The COVID-19 pandemic and the proliferation of remote work environments have created new complex barriers for businesses to overcome. Adopting new business strategies or implementing new technology is a proven route to growth. Increasingly, it’s open source technology that is being chosen as organizations seek a competitive edge and the latest innovations. The percentage of open source software continues to rise with each passing year. The latest economic downturn is only accelerating a trend that was occurring long before the COVID-19 pandemic arrived.

Open Source Services Market

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COVID-19 impact analysis on the global open source services market

The impact of the COVID-19 pandemic on the market is covered throughout the report. The pandemic has had a positive impact on the open source services market. The COVID-19 pandemic and the proliferation of remote work environments have created new complex barriers for businesses to overcome. Adopting new business strategies or implementing new technology is a proven route to growth. Increasingly, it’s open source technology that is being chosen as organizations seek a competitive edge and the latest innovations. The percentage of open source software continues to rise with each passing year. The latest economic downturn is only accelerating a trend that was occurring long before the COVID-19 pandemic arrived.

Market Dynamics

Driver: Lower software licensing cost and simpler management

Obtaining an open source version to replace a software package that is being paid for can be extremely benefiting for a company. The majority of open source software products are distributed freely, making it very cost-effective. Unlike closed proprietary software, open source software can be altered and extended by any developer familiar with the source code. When organizations use open source software, they would no longer need to worry about licenses. Open source software enables them to install it several times and also use it from any location. Organizations will be free from monitoring, tracking, or counting license compliance.

Restraint: Vulnerability to malicious users restricts the adoption of open source software products

The fact that it is an open source product by itself is a threat. This means that it is open for others too. Security risks are a big issue as users with malicious intent can view the code and exploit the vulnerabilities. Many people have access to the source code of open source software, but not all of them have good intentions. While a lot of people utilize their access to spot defects and make improvements to the program, others use this privilege to exploit the product’s vulnerabilities and create bugs that can infect hardware, steal identities, or just annoy other users. These rarely happen with commercially produced software since the companies who make them have stringent quality control processes and ensure that the program is almost perfect when released to the market.

Opportunity: Boost innovation and cultivates better learning

Advancement in technology and the internet has initiated innovation. That can be said about this technology too. In fact, the open source software lends a platform, which is utilized by both the newbies and the pros. Hence, open source software doesn’t require a specific experience to operate; it is unbiased. Investing in open source software encourages learning, productivity, and results in the positive growth of the software. Open source software is open to the users’ fosters the culture of sharing and caring. Besides, there is barely any restriction on operating the source code or applying any modifications too. Users can work freely on open source software and harness the opportunity to analyze source codes especially for big names like Mozilla Firefox, Apache HTTP web server, Cloudera, Docker, Google, GitHub, and more.

Challenge: Compatibility issues with current applications

There is a shortage of applications that run both on open source and proprietary software; therefore, switching to an open-source platform involves a compatibility analysis of all the other software used that run on proprietary platforms. In addition, there are many ongoing parallel developments on open source software. This creates confusion on what functionalities are present in which versions. Many of the latest hardware are incompatible to the open-source platform; so, users have to rely on third-party drivers. However, that cannot guarantee that the hardware will work on the host machine. Therefore, before purchasing a hardware it is recommended to check it is supported by the open source application.

Managed services segment to hold a larger market size during the forecast period

Based on services, the open source services market is segmented into two categories: professional and managed. The managed services segment for open source services is expected to grow at a higher CAGR as managed services provide all the required skillsets to maintain and upgrade solutions, which are of utmost importance in open source environments. Pre- and post-deployment questions and needs of clients are taken care of through the managed services unit.

Healthcare and Life Sciences industry vertical to grow at the highest CAGR during the forecast period

Healthcare and life sciences is one of the fastest-growing verticals with respect to the adoption of open source technologies and services due to advance clinical decision support (CDS). Using open source to advance CDS makes sense for a number of reasons. By its very nature, an open-source solution is easier to modify. Because the source code is accessible, clinicians and informaticists working together can design a CDS system that integrates organically with an organization’s clinical workflow. Modifications are more difficult with proprietary systems, since the source code is not accessible, and the organization must hire the vendor to execute changes. In addition to the flexibility of open-source solutions, open source has the advantage of benefitting from the input of many contributing physicians and organizations, as opposed to being developed by a single vendor team.

Open Source Services Market by Region

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North America to account for the highest market share during the forecast period

The open source services market is segmented into five regions: North America, Europe, APAC, MEA, and Latin America. The open source services report provides insights into these regional markets in terms of market size, growth rates, future trends, market drivers, and COVID-19 impact. North America is expected to hold the highest market share in the overall open source services market during the forecast period. Following North America, APAC is expected to hold the second-highest market share during the forecast period. High need to adopt higher quality software with lower licensing cost and simpler management offering more flexibility, agility, and reliability and freedom from vendor lock-ins is expected to drive the North American, Europe, and APAC markets. Latin America and MEA are also expected to witness high growth rates during the forecast period.

Key Market Players

The open source services vendors have implemented various types of organic as well as inorganic growth strategies, such as new product launches, product upgradations, partnerships and agreements, business expansions, and mergers and acquisitions, to strengthen their offerings in the market. The major vendors offering open source services globally are IBM (US), SUSE (Germany), Percona (US), MuleSoft (US), Wipro (India), Accenture (Ireland), Evoke Technologies (US), Cisco Systems (US), Infosys (India), HPE (US), ViSolve (US), Chetu (US), HashiCorp (US), and Databricks (US).

Scope of the report

Report Metric

Details

Market size available for years

2019–2026

Base year considered

2020

Forecast period

2021–2026

Forecast units

Million (USD)

Segments covered

Services (Professional [Support and Maintenance, Implementation and Integration, and Training and Consulting] and Managed), Vertical, and Region

Geographies covered

North America, APAC, Europe, MEA, and Latin America

Companies covered

IBM (US), SUSE (Germany), Percona (US), MuleSoft (US), Wipro (India), Accenture (Ireland), Evoke Technologies (US), Cisco Systems (US), Infosys (India), HPE (US), ViSolve (US), Chetu (US), HashiCorp (US), and Databricks (US).

This research report categorizes the open source services market based on services, vertical, and region.

Based on the Component:

  • Services
    • Managed Services
    • Professional Services

Based on the Professional Services:

  • Support and Maintenance
  • Integration and Implementation
  • Training and Consulting

Based on the Vertical:

  • IT and ITeS
  • Transportation and Logistics
  • Telecommunications
  • BFSI
  • Manufacturing
  • Healthcare and Life Sciences
  • Consumer Goods and Retail
  • Others

Based on the Region:

  • North America
  • Europe
  • APAC
  • MEA
  • Latin America

The study includes an in-depth competitive analysis of key players in the open source services market with their company profiles, recent developments, COVID-19 developments, and key market strategies.

Recent Developments

  • In May 2021, IBM introduced advances in its quantum computing capabilities. The company is making it faster and easier for developers to use quantum software by introducing Qiskit Runtime. Qiskit, the IBM-developed open-source framework for quantum computing for a global community of developers, aims to make quantum computing accessible to all.
  • In January 2021, SUSE launched Longhorn 1.1 which allows developers to confidently build applications and store data in edge environments on resource-constrained devices. Longhorn is 100% open source, microservices-centric, and cloud-native storage for Kubernetes deployments. Longhorn 1.1 brings a host of new features and improvements for enterprise DevOps teams.
  • In August 2021, Cisco Systems introduced Cloud-Native SD-WAN (CN-WAN) open source project to show how Kubernetes applications can be automatically mapped to SD-WAN with the result that the applications perform better over the WAN.
  • In May 2020, Accenture collaborated with Fujitsu to work on the project "Hyperledger Cactus" by Hyperledger, an open source collaborative effort created to advance cross-industry blockchain technologies hosted by the Linux Foundation.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 15)
    1.1 INTRODUCTION TO COVID-19
    1.2 COVID-19 HEALTH ASSESSMENT
           FIGURE 1 COVID-19: GLOBAL PROPAGATION
           FIGURE 2 COVID-19 PROPAGATION: SELECT COUNTRIES
    1.3 COVID-19 ECONOMIC ASSESSMENT
           FIGURE 3 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020
           1.3.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT
                    FIGURE 4 CRITERIA IMPACTING GLOBAL ECONOMY
                    FIGURE 5 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY
    1.4 OBJECTIVES OF THE STUDY
    1.5 MARKET DEFINITION
           1.5.1 INCLUSIONS AND EXCLUSIONS
    1.6 MARKET SCOPE
           1.6.1 MARKET SEGMENTATION
           1.6.2 REGIONS COVERED
           1.6.3 YEARS CONSIDERED FOR THE STUDY
    1.7 CURRENCY CONSIDERED
           TABLE 1 USD EXCHANGE RATE, 2018–2020
    1.8 STAKEHOLDERS
    1.9 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 24)
    2.1 RESEARCH DATA
           FIGURE 6 OPEN SOURCE SERVICES MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
    2.2 MARKET BREAKUP AND DATA TRIANGULATION
           FIGURE 7 DATA TRIANGULATION
    2.3 MARKET SIZE ESTIMATION
           FIGURE 8 MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES
           2.3.1 TOP-DOWN APPROACH
                    FIGURE 9 MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 1 (TOP-DOWN): REVENUE OF VENDORS OFFERING OPEN SOURCE SERVICES SOLUTIONS AND SERVICES (1/2)
                    FIGURE 10 MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 1 (TOP-DOWN): REVENUE OF VENDORS OFFERING THE OPEN SOURCE SERVICES SYSTEM SOLUTIONS AND SERVICES (2/2)
                    FIGURE 11 MARKET SIZE ESTIMATION METHODOLOGY – (SUPPLY SIDE): CAGR PROJECTIONS FROM THE SUPPLY SIDE
           2.3.2 BOTTOM-UP APPROACH
                    FIGURE 12 MARKET SIZE ESTIMATION METHODOLOGY - APPROACH 2, BOTTOM-UP (SUPPLY SIDE): COLLECTIVE REVENUE FROM ALL SOLUTIONS/SERVICES OF THE OPEN SOURCE SERVICES MARKET
    2.4 MARKET REVENUE ESTIMATION
           FIGURE 13 ILLUSTRATION OF THE COMPANY’S OPEN SOURCE SERVICES REVENUE ESTIMATION
    2.5 MARKET FORECAST
           TABLE 2 FACTOR ANALYSIS
    2.6 GROWTH FORECAST ASSUMPTIONS

3 EXECUTIVE SUMMARY (Page No. - 34)
    FIGURE 14 OPEN SOURCE SERVICES MARKET: GLOBAL SNAPSHOT
    FIGURE 15 TOP-GROWING SEGMENTS IN THE MARKET
    FIGURE 16 IMPLEMENTATION AND INTEGRATION SEGMENT TO HOLD THE LARGEST MARKET SIZE DURING FORECAST PERIOD
    FIGURE 17 TOP VERTICALS IN THE MARKET
    FIGURE 18 MARKET: REGIONAL SNAPSHOT

4 PREMIUM INSIGHTS (Page No. - 38)
    4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN THE OPEN SOURCE SERVICES MARKET
           FIGURE 19 FOCUS ON IMPROVING CUSTOMER EXPERIENCE AND SIMPLIFYING INFORMATION TECHNOLOGY OPERATIONS WORKFLOW TO DRIVE THE ADOPTION OF OPEN SOURCE SERVICES
    4.2 MARKET, BY VERTICAL, 2021 VS. 2026
           FIGURE 20 IT AND ITES VERTICAL TO THE LARGEST MARKET SHARE DURING THE FORECAST PERIOD
    4.3 MARKET: REGIONAL SCENARIO, 2021–2026
           FIGURE 21 ASIA PACIFIC TO EMERGE AS THE BEST MARKET FOR INVESTMENTS IN NEXT FIVE YEARS

5 MARKET OVERVIEW AND INDUSTRY TRENDS (Page No. - 40)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 22 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: OPEN SOURCE SERVICES MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Lower software licensing cost and simpler management
                    5.2.1.2 Compelling need to adopt higher quality software offering more flexibility, agility, and reliability
                               FIGURE 23 MAJOR BENEFITS DRIVING THE ADOPTION OF OPEN SOURCE SOFTWARE
                    5.2.1.3 Rising trend of open standards that support community and collaborative development
                    5.2.1.4 Simple bug removal and tracking and freedom from vendor lock-ins
                    5.2.1.5 Abundant support from the community and open source service vendors
           5.2.2 RESTRAINTS
                    5.2.2.1 Vulnerability to malicious users restricting the adoption of open source software products
                    5.2.2.2 Free upfront open source products may later call for licensed software, thereby adding to hidden costs
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Boosting innovation and cultivating better learning
                    5.2.3.2 Growing inclination to extend the technical support and maintenance from open source service vendors
                    5.2.3.3 Rising adoption of open source cloud technology
                               FIGURE 24 SPECIFIC RESULTS FROM THE SURVEY THAT SHOWS HOW DEVELOPERS FEEL ABOUT OPEN SOURCE SKILLS
           5.2.4 CHALLENGES
                    5.2.4.1 Open source software products are sometimes not as user-friendly as commercial versions
                    5.2.4.2 Compatibility issues with current applications
    5.3 COVID-19-DRIVEN MARKET DYNAMICS
           5.3.1 DRIVERS AND OPPORTUNITIES
           5.3.2 RESTRAINTS AND CHALLENGES
    5.4 ECOSYSTEM
           FIGURE 25 OPEN SOURCE SERVICES MARKET: ECOSYSTEM
    5.5 TECHNOLOGY LANDSCAPE
           FIGURE 26 OPEN SOURCE ADOPTION: TECHNOLOGY

6 OPEN SOURCE SERVICES MARKET, BY SERVICE (Page No. - 50)
    6.1 INTRODUCTION
           6.1.1 SERVICES: MARKET DRIVERS
           6.1.2 SERVICES: COVID-19 IMPACT
                    FIGURE 27 MANAGED SERVICES SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
                    TABLE 3 MARKET SIZE, BY SERVICE, 2019–2026 (USD MILLION)
    6.2 PROFESSIONAL SERVICES
           FIGURE 28 IMPLEMENTATION AND INTEGRATION SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
           TABLE 4 MARKET SIZE, BY PROFESSIONAL SERVICE, 2019–2026 (USD MILLION)
           TABLE 5 PROFESSIONAL SERVICES: OPEN SOURCE SERVICES MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
           6.2.1 TRAINING AND CONSULTING
                    TABLE 6 TRAINING AND CONSULTING: MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
           6.2.2 SUPPORT AND MAINTENANCE
                    TABLE 7 SUPPORT AND MAINTENANCE: MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
           6.2.3 IMPLEMENTATION AND INTEGRATION
                    TABLE 8 IMPLEMENTATION AND INTEGRATION: MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
    6.3 MANAGED SERVICES
           TABLE 9 MANAGED SERVICES: MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)

7 OPEN SOURCE SERVICES MARKET, BY VERTICAL (Page No. - 57)
    7.1 INTRODUCTION
           7.1.1 VERTICALS: MARKET DRIVERS
           7.1.2 VERTICALS: COVID-19 IMPACT
                    FIGURE 29 HEALTHCARE AND LIFE SCIENCES VERTICAL TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
                    TABLE 10 MARKET SIZE, BY VERTICAL, 2019–2026 (USD MILLION)
    7.2 IT AND ITES
           TABLE 11 IT AND ITES: MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
    7.3 TRANSPORTATION AND LOGISTICS
           TABLE 12 TRANSPORTATION AND LOGISTICS: MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
    7.4 TELECOMMUNICATIONS
           TABLE 13 TELECOMMUNICATIONS: OPEN SOURCE SERVICES MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
    7.5 BANKING, FINANCIAL SERVICES AND INSURANCE
           TABLE 14 BANKING, FINANCIAL SERVICES AND INSURANCE: MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
    7.6 MANUFACTURING
           TABLE 15 MANUFACTURING: MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
    7.7 HEALTHCARE AND LIFE SCIENCES
           TABLE 16 HEALTHCARE AND LIFE SCIENCES: MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
    7.8 CONSUMER GOODS AND RETAIL
           TABLE 17 CONSUMER GOODS AND RETAIL: MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
    7.9 OTHER VERTICALS

8 OPEN SOURCE SERVICES MARKET, BY REGION (Page No. - 68)
    8.1 INTRODUCTION
           FIGURE 30 ASIA PACIFIC TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
           TABLE 18 MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
    8.2 NORTH AMERICA
           8.2.1 NORTH AMERICA: MARKET DRIVERS
           8.2.2 NORTH AMERICA: COVID-19 IMPACT
           8.2.3 NORTH AMERICA: REGULATORY LANDSCAPE
                    FIGURE 31 NORTH AMERICA: MARKET SNAPSHOT
                    TABLE 19 NORTH AMERICA: MARKET SIZE, BY SERVICE, 2019–2026 (USD MILLION)
                    TABLE 20 NORTH AMERICA: MARKET SIZE, BY PROFESSIONAL SERVICE, 2019–2026 (USD MILLION)
                    TABLE 21 NORTH AMERICA: MARKET SIZE, BY VERTICAL, 2019–2026 (USD MILLION)
    8.3 EUROPE
           8.3.1 EUROPE: OPEN SOURCE SERVICES MARKET DRIVERS
           8.3.2 EUROPE: COVID-19 IMPACT
           8.3.3 EUROPE: REGULATORY LANDSCAPE
                    TABLE 22 EUROPE: MARKET SIZE, BY SERVICES, 2019–2026 (USD MILLION)
                    TABLE 23 EUROPE: MARKET SIZE, BY PROFESSIONAL SERVICES, 2019–2026 (USD MILLION)
                    TABLE 24 EUROPE: MARKET SIZE, BY VERTICAL, 2019–2026 (USD MILLION)
    8.4 ASIA PACIFIC
           8.4.1 ASIA PACIFIC: MARKET DRIVERS
           8.4.2 ASIA PACIFIC: COVID-19 IMPACT
           8.4.3 ASIA PACIFIC: REGULATORY LANDSCAPE
                    FIGURE 32 ASIA PACIFIC: MARKET SNAPSHOT
                    TABLE 25 ASIA PACIFIC: OPEN SOURCE SERVICES MARKET SIZE, BY SERVICES, 2019–2026 (USD MILLION)
                    TABLE 26 ASIA PACIFIC: MARKET SIZE, BY PROFESSIONAL SERVICES, 2019–2026 (USD MILLION)
                    TABLE 27 ASIA PACIFIC: MARKET SIZE, BY VERTICAL, 2019–2026 (USD MILLION)
    8.5 MIDDLE EAST AND AFRICA
           8.5.1 MIDDLE EAST AND AFRICA: MARKET DRIVERS
           8.5.2 MIDDLE EAST AND AFRICA: COVID-19 IMPACT
           8.5.3 MIDDLE EAST AND AFRICA: REGULATORY LANDSCAPE
                    TABLE 28 MIDDLE EAST AND AFRICA: MARKET SIZE, BY SERVICE, 2019–2026 (USD MILLION)
                    TABLE 29 MIDDLE EAST AND AFRICA: MARKET SIZE,  BY PROFESSIONAL SERVICE, 2019–2026 (USD MILLION)
                    TABLE 30 MIDDLE EAST AND AFRICA: MARKET SIZE, BY VERTICAL, 2019–2026 (USD MILLION)
    8.6 LATIN AMERICA
           8.6.1 LATIN AMERICA: OPEN SOURCE SERVICES MARKET DRIVERS
           8.6.2 LATIN AMERICA: COVID-19 IMPACT
           8.6.3 LATIN AMERICA: REGULATORY LANDSCAPE
                    TABLE 31 LATIN AMERICA: MARKET SIZE, BY SERVICE, 2019–2026 (USD MILLION)
                    TABLE 32 LATIN AMERICA: MARKET SIZE, BY PROFESSIONAL SERVICE, 2019–2026 (USD MILLION)
                    TABLE 33 LATIN AMERICA: MARKET SIZE, BY VERTICAL, 2019–2026 (USD MILLION)

9 COMPETITIVE LANDSCAPE (Page No. - 85)
    9.1 INTRODUCTION
    9.2 MARKET SHARE OF TOP VENDORS
           TABLE 34 OPEN SOURCE SERVICES: DEGREE OF COMPETITION
           FIGURE 33 MARKET SHARE ANALYSIS OF COMPANIES IN THE OPEN SOURCE SERVICES MARKET
    9.3 KEY PLAYER STRATEGIES/RIGHT TO WIN
           9.3.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY OPEN SOURCE SERVICES VENDORS
    9.4 HISTORICAL REVENUE ANALYSIS OF TOP VENDORS
           FIGURE 34 HISTORICAL FIVE-YEAR REVENUE ANALYSIS OF LEADING PLAYERS IN THE OPEN SOURCE SERVICES MARKET, 2016-2020
    9.5 COMPETITIVE SCENARIO
           TABLE 35 OPEN SOURCE SERVICES: NEW LAUNCHES, AUGUST 2020 - MAY 2021
           TABLE 36 OPEN SOURCE SERVICES: DEALS, AUGUST 2019- JULY 2021

10 COMPANY PROFILES (Page No. - 92)
     10.1 MAJOR PLAYERS
(Business Overview, Services, Key Insights, Recent Developments, MnM View)*
             10.1.1 IBM
                       TABLE 37 IBM: BUSINESS OVERVIEW
                       FIGURE 35 IBM: COMPANY SNAPSHOT
                       TABLE 38 IBM: SERVICE OFFERINGS
                       TABLE 39 IBM: OPEN SOURCE SERVICES MARKET: NEW LAUNCHES
                       TABLE 40 IBM: MARKET: DEALS
             10.1.2 SUSE
                       TABLE 41 SUSE: BUSINESS OVERVIEW
                       FIGURE 36 SUSE: COMPANY SNAPSHOT
                       TABLE 42 SUSE: SERVICE OFFERINGS
                       TABLE 43 SUSE: MARKET: NEW LAUNCHES
                       TABLE 44 SUSE: OPEN SOURCE SERVICES MARKET: DEALS
             10.1.3 PERCONA
                       TABLE 45 PERCONA: BUSINESS OVERVIEW
                       TABLE 46 PERCONA: SERVICE OFFERINGS
                       TABLE 47 PERCONA: MARKET: NEW LAUNCHES
                       TABLE 48 PERCONA: MARKET: DEALS
             10.1.4 MULESOFT
                       TABLE 49 MULESOFT: BUSINESS OVERVIEW
                       TABLE 50 MULESOFT: SERVICE OFFERINGS
                       TABLE 51 MULESOFT: MARKET: NEW LAUNCHES
                       TABLE 52 MULESOFT: OPEN SOURCE SERVICES MARKET: DEALS
             10.1.5 WIPRO
                       TABLE 53 WIPRO: BUSINESS OVERVIEW
                       FIGURE 37 WIPRO: COMPANY SNAPSHOT
                       TABLE 54 WIPRO: SERVICE OFFERINGS
                       TABLE 55 WIPRO: MARKET: NEW LAUNCHES
                       TABLE 56 WIPRO: MARKET: DEALS
             10.1.6 ACCENTURE
                       TABLE 57 ACCENTURE: BUSINESS OVERVIEW
                       FIGURE 38 ACCENTURE: COMPANY SNAPSHOT
                       TABLE 58 ACCENTURE: SERVICE OFFERINGS
                       TABLE 59 ACCENTURE: OPEN SOURCE SERVICES MARKET: DEALS
             10.1.7 EVOKE TECHNOLOGIES
                       TABLE 60 EVOKE TECHNOLOGIES: BUSINESS OVERVIEW
                       TABLE 61 EVOKE TECHNOLOGIES: SERVICE OFFERINGS
                       TABLE 62 EVOKE TECHNOLOGIES: MARKET: DEALS
             10.1.8 CISCO SYSTEMS
                       TABLE 63 CISCO SYSTEMS: BUSINESS OVERVIEW
                       FIGURE 39 CISCO SYSTEMS: COMPANY SNAPSHOT
                       TABLE 64 CISCO SYSTEMS: SERVICE OFFERINGS
                       TABLE 65 CISCO SYSTEMS: MARKET: NEW LAUNCHES
                       TABLE 66 CISCO SYSTEMS: OPEN SOURCE SERVICES MARKET: DEALS
             10.1.9 INFOSYS
                       TABLE 67 INFOSYS: BUSINESS OVERVIEW
                       FIGURE 40 INFOSYS: COMPANY SNAPSHOT
                       TABLE 68 INFOSYS: SERVICE OFFERINGS
                       TABLE 69 INFOSYS: MARKET: NEW LAUNCHES
                       TABLE 70 INFOSYS: MARKET: DEALS
             10.1.10 HPE
                       TABLE 71 HPE: BUSINESS OVERVIEW
                       FIGURE 41 HPE: COMPANY SNAPSHOT
                       TABLE 72 HPE: SERVICE OFFERINGS
                       TABLE 73 HPE: MARKET: NEW LAUNCHES
                       TABLE 74 HPE: OPEN SOURCE SERVICES MARKET: DEALS
*Details on Business Overview, Services, Key Insights, Recent Developments, MnM View might not be captured in case of unlisted companies.
     10.2 OTHER VENDORS
             10.2.1 VISOLVE
             10.2.2 CHETU
             10.2.3 HASHICORP
             10.2.4 DATABRICKS

11 APPENDIX (Page No. - 128)
     11.1 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     11.2 AUTHOR DETAILS

The study involved four major activities in estimating the current size of the global open source services market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the total open source services market size. After that, the market breakup and data triangulation techniques were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources, such as Bloomberg and BusinessWeek, have been referred to identify and collect information for this study. The secondary sources included annual reports, press releases, and investor presentations of companies; white papers; and journals, such as Linux Journal and Container Journal, and articles from recognized authors, directories, and databases.

Primary Research

Various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side included industry experts, such as Chief Executive Officers (CEOs), Chief Marketing Officers (CMO), Vice Presidents (VPs), Managing Directors (MDs), technology and innovation directors, and related key executives from various key companies and organizations operating in the open source services market along with the associated service providers, and system integrators operating in the targeted regions. All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Open Source Services Market  Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

For making market estimates and forecasting the open source services market, and other dependent submarkets, the top-down and bottom-up approaches were used. The bottom-up procedure was used to arrive at the overall market size of the global open source services market using key companies’ revenue and their offerings in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the open source services market have been identified through extensive secondary research.
  • The market size, in terms of value, has been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakups have been determined using secondary sources and verified through primary sources.

Data Triangulation

With data triangulation and validation through primary interviews, the exact value of the overall parent market size was determined and confirmed using this study. The overall market size was then used in the top-down procedure to estimate the size of other individual markets via percentage splits of the market segmentation.

Report Objectives

  • To define, describe, and forecast the open source services market based on components, verticals, organization size, deployment types, and regions.
  • To provide detailed information about major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market
  • To analyze the impact of COVID-19 on service types, verticals, and regions across the globe
  • To analyze the market with respect to individual growth trends, prospects, and contributions to the open source services market
  • To forecast the market size of five main regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America
  • To analyze opportunities in the market for stakeholders by identifying high-growth segments of the market
  • To profile key players in the market and comprehensively analyze their core competencies in each microsegment
  • To analyze competitive developments, such as new product launches, product enhancements, partnerships, and mergers and acquisitions, in the open source services market

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COVID-19

Get in-depth analysis of the COVID-19 impact on the Open Source Services Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Open Source Services Market

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Report Code
TC 5972
Published ON
Sep, 2021
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