1. Market Research
  2. > Software Market Trends
  3. > Open Source

Breakthroughs that will shape the future of the industry of publicly available softwares

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
3 votes

Global Open Source & Free Software Industry

The global open source software industry is expected to record yearly growth of 22% to exceed $8 billion in 2013, according to market research from IDC. Open software is produced by way of public collaboration, with an openly published source code that is then enriched by others as opposed to traditional software where the source code is strictly protected.

The global software market, worth close to $300 billion, has been changed by the presence of open source software on the market. Originally a propriety software substitute, open source is being used in a more direct manner across a wide array of commercial products. Open source software allows users to view, copy, change and distribute both the source code and the software, depending on licensing conditions. Open source has many advantages including innovation, customization, affordability, interoperability and local content development.

Firms are eager to avail of reasonably priced testing solutions to detect software bugs, while also speeding up the time-to-market period for software products. Testing tools are becoming more costly due to market expansion, driving IT firms to take advantage of open source testing tools.

Within the current economic climate, open source software is increasingly attractive for businesses seeking to cut costs to better weather the economic recession. Though open source has been available on the IT market for more than 20 years, the market is benefiting from changing mindsets regarding intellectual property in terms of production, distribution and IT market commoditization.

Commercial open source software companies develop commercial solutions by adding supplementary features to existing open source software for more publicly available products with a greater degree of usability.

Developments

Open source tools are useful to enhance testing life cycle quality and foresight, which cuts down on application development expense as tool investments are reduced, reports technology firm Cognizant. A number of advancements have contributed to open source tools, including organizational budget cuts due to the economic recession, the innovation potential of open source for IT professionals and the increasing importance attributed to open source within the business agenda. Other significant factors making open source tools more attractive include: less time-intensive development, quicker procurement, flexibility and low ownership cost.

Leading Examples

Among leading open source software names operating on the market are: SugarCRM, OpenOffice, MySQL, Apache Web Server, Firefox browser and the Linux operating system.

Linux operates an array of computer hardware such as televisions, tablet computers, gaming consoles and mobile phones; it also runs the world’s top ten supercomputers, and over 90% of all supercomputers.

Read more ยป

Share

You might be interested in these related markets:

24/7 Customer Support

Talk to Sam

+1 718 473 0872

1-10 of about 100 reports

Global Open Source Industry

  • March 2015
    180 pages
  • Publishing  

  • World  

    United Kingdom  

View report >

Open Source Industry in the US

  • January 2016
    9 pages
  • Open Source  

  • United States  

    North America  

View report >

The future of the Open Source Industry in Europe

  • January 2014
    8 pages
  • Open Source  

  • Europe  

View report >

Open Source Industry in France

  • September 2015
    11 pages
  • Open Source  

  • France  

    Europe  

View report >

Open Source Industry in Italy

  • January 2014
    8 pages
  • Italy  

    Europe  

View report >

Open Source Industry in Russia

  • January 2013
    23 pages
  • Open Source  

  • Russian Federat  

    World  

    Europe  

View report >

Open Source Industry in India

  • December 2015
    6 pages
  • Open Source  

  • India  

View report >

Open Source Industry in Iran

  • January 2016
    27 pages
  • Open Source  

  • Iran  

    United States  

    Asia  

View report >

Open Source Statistics in the US

  • December 2015
    7 pages
  • Open Source  

    Healthcare  

    Drug Delivery T  

  • United States  

    North America  

View report >

Search in Open Source Industry (About 100 reports)
Parent industry: Software
Related industries: Business Software, Video Game

39 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 150 - $ 3 500)

Virtualization Layer in NFV Infrastructure

Virtualization Layer in NFV Infrastructure

  • $ 3 500
  • Industry report
  • January 2016
  • by IDC

This IDC technology assessment examines the role of the virtualization layer in NFV architecture, and the current and future implications of virtualization layer choices in the development of the NFV ecosystem."The ...

Software Defined Networking: Solutions, Vendor And Ente ...

January 2016 $ 2 995

A Quarterly Financial Corporate Report For Red Hat, Inc ...

December 2015 $ 150

Idc Futurescape: Worldwide Enterprise Infrastructure 20 ...

November 2015 $ 4 500

Idc Futurescape: Worldwide Big Data And Analytics 2016 ...

November 2015 $ 4 500

Perspective: Open Source Is Dead, Long Live Open Source ...

October 2015 $ 1 500

The 2016-2021 Outlook For Standalone Open-source Softwa ...

September 2015 $ 595

The 2016-2021 Outlook For Standalone Open-source Softwa ...

September 2015 $ 595

It Strategy And Innovation: Cio In Action -- Understand ...

August 2015 $ 4 000

Global Open System Mri Market - Growth, Trends And Fore ...

August 2015 $ 4 250

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.