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Open-Source Services Market Share

Report ID: GMI9087
Published Date: Apr 2024
Report Format: PDF

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Open-Source Services Market Share

IBM and Cisco Systems, Inc. dominate the market with around 9% of the market share. IBM Corporation incorporates open-source technologies into its hybrid cloud solutions, such as IBM Cloud and Red Hat OpenShift, enabling smooth deployment, administration, and scalability of open-source applications and workloads across hybrid cloud infrastructures.

Cisco invests in partnerships and acquisitions to expand its portfolio of open-source services and capabilities. It also emphasizes interoperability and compatibility, ensuring seamless integration with existing IT infrastructure. Through these initiatives, Cisco aims to strengthen its position in the market and meet the evolving needs of customers.

Open-Source Services Market Companies

Major companies operating in the open-source services industry are:

Amazon
ATOS SE
Cisco
Google
HCL
HPE
IBM
Microsoft
Oracle C
SUSE

Authors: Preeti Wadhwani, Aishwarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of open-source services reached USD 30.2 billion in 2023 and is set to witness 16% CAGR from 2024 to 2032, owing to the increasing prevalence of cloud computing within global organizations.

The integration & deployment segment recorded USD 8.8 billion in 2023, due to providing customized development services to bridge specific integration gaps for organizations.

North America market held 33% share in 2023, attributed to a long history of accepting and using open-source technology in the region.

Amazon, ATOS SE, Cisco, Google, HCL, HPE, IBM, Microsoft, Oracle C, and SUSE, are some of the major open-source services companies worldwide.