PUNE, India, February 8, 2018 /PRNewswire/ --

According to a new market research report "Open Source Services Market by Service Type (Support, Maintenance and Management, Implementation, Consulting), Industry (Manufacturing, Healthcare and Life Sciences, Retail and Distribution), and Region - Global Forecast to 2022", published by MarketsandMarkets™, the global market size is expected to grow from USD 11.40 Billion in 2017 to USD 32.95 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 23.65% during the forecast period (2017-2022).

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 12 tables and 27 figures spread through 86 pages and in-depth TOC on "Open Source Services Market"

https://www.marketsandmarkets.com/Market-Reports/open-source-services-market-27852275.html
Early buyers will receive 10% customization on this report

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. Open source adoption in organizations is expected to grow across all the IT segments to avail the flexibility and effectiveness in performing tasks with benefits, such as reduced costs, accelerated time-to-market, and simplified interoperability.

The rapid adoption of open source services in North America is expected to drive the regional market during forecast period.   

North America is estimated to hold the largest market size in 2017, and the region is expected to dominate the market during the forecast period. Enterprises are adopting open source services. In fact, they are using open source services for their specific requirements. They are developing open source solution strategies for 5 major reasons: cost, support, flexibility, community, and the platform.

Globally, the manufacturing industry vertical is expected to lead in terms of open source services adoption.   

The manufacturing industry vertical is expected to dominate the Open Source Services Market by vertical during the forecast period. The manufacturing companies would continue to adopt open source services, primarily for production planning, inventory planning, and demand forecasting.

Inquiry before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=27852275

Support, Maintenance, and Management Services segment is to hold the largest market size during forecast period.   

The support, maintenance, and management services segment is expected to hold the largest market size, due to the increasing adoption of open source technologies across enterprises of all sizes.

The major vendors in the Open Source Services Market include Red Hat (US), Accenture (Ireland), Wipro (India), IBM (US), Infosys (India), Cisco Systems (US), Atos (France), HCL (India), HPE (US), and Oracle (US).

Browse Related Reports   

Containers as a Service Market by Service Type (Management and Orchestration, Security, Monitoring and Analytics, Storage and Networking), Deployment Model (Public, Private, and Hybrid), Organization Size, Vertical, and Region - Global Forecast to 2022
https://www.marketsandmarkets.com/Market-Reports/containers-as-a-service-market-250080645.html

Workspace as a Service Market by Solutions (Virtual Desktop Infrastructure and Applications, Desktop as a Service, Hosted Applications, Security Solutions), Services (Managed Service, System Integration, Consulting) - Global Forecast to 2019
https://www.marketsandmarkets.com/Market-Reports/workspace-as-a-service-market-250917058.html

Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™    

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets