GLOBAL OPEN SOURCE SERVICES MARKET ANALYSIS

Global Open Source Services MarketSize and Trends

Major factors driving growth of the global open source services market include increasing number open source foundations and the expansion in open source licensing choices. Software such as Blender (3D modeling software), LibreCAD (2D CAD software), and SimPy automatically benefit from copyright protection, providing the developer control over permission to make copies of the derivatives. Open source services provide 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.

Market- Trends