Global Open Source Services Market to Reach US$ 32.95 Billion Growing at CAGR 23.65% to 2022

Global Open Source Services Market report provides industry overview for different region and along with history of development. The report includes eight chapters with global key Manufacturers Analysis as well as global trend of Open Source Services Market.

ReportsnReports always aims at offering their clients an in-depth analysis and the best research material of the various market. This new report on the global open source services market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.

The Global Open Source Services Market size is expected to grow from US$ 11.40 Billion in 2017 to US$ 32.95 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 23.65% during the forecast period. 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.

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North America is estimated to contribute highest market share in 2017, and is projected to lead the open source services market during the forecast period. The reason for the increasing growth is the initial adoption of developing technologies and the high investments in cloud-based solutions. The Europe, Middle East, and Africa (EMEA) region is also expected to witness considerable adoption of open source technologies.

Top Key Players in the “Open Source Services Market” include are
• Red Hat (US)
• Accenture (Ireland)
• Wipro (India)
• IBM (US)
• Infosys (India)
• Cisco Systems (US)
• Atos (France)
• HCL (India)
• HPE (US)
• Oracle (US)

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Study Objectives :
The main objective of this report is to define, describe, and forecast the open source services market on the basis of segments including service type, vertical, and region. The report provides detailed information regarding major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market. The report forecasts the market size with respect to 4 main geographic regions, namely, North America, Europe, Middle East, and Africa (EMEA), Asia Pacific (APAC), and Latin America. The report profiles key players and comprehensively analyzes their core competencies. It also tracks and analyzes competitive developments, such as mergers and acquisitions, new product developments, and Research and Development (R&D) activities in the market.

Key Target Audience
• Open source services providers
• Managed service players
• Support service providers
• Value-added resellers

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Source URL: https://marketersmedia.com/global-open-source-services-market-to-reach-us-3295-billion-growing-at-cagr-2365-to-2022/469399

Source: MarketersMedia

Release ID: 469399