The open-source software market size has grown rapidly in recent years. It will grow from $35.9 billion in 2023 to $41.83 billion in 2024 at a compound annual growth rate (CAGR) of 16.5%. The rise during the historical period can be credited to heightened access to open-source platforms, a stronger focus on technology education, government initiatives driving growth, cost pressures rising, and a greater demand for collaborative and flexible software solutions.
The open-source software market size is expected to see rapid growth in the next few years. It will grow to $77.75 billion in 2028 at a compound annual growth rate (CAGR) of 16.8%. The anticipated growth in the forecast period can be linked to a growing number of organizations, the increasing availability of open APIs, businesses' greater adoption of open-source software, a shift towards cloud-based infrastructure, and an increasing awareness of security benefits. Key trends expected in this period include technological advancements, ethical licensing models, cloud-based open-source software, frameworks for quantum computing, and the rise of low-code and no-code development.
The projected increase in small enterprises is anticipated to drive the growth of the open-source software market in the future. These small businesses are characterized as privately owned, run by a limited number of employees, and with comparatively lower revenue and profits than larger corporations. Their growth is fueled by advancements in technology, globalization, evolving workforce patterns, government backing, market prospects, cost-effectiveness, and a spirit of entrepreneurship. Open-source software aids these small enterprises by offering affordable solutions for their operational requirements, granting them access to top-notch software without the steep expenses associated with proprietary software. For example, in April 2023, as per the United States Chamber of Commerce, a U.S.-based business advocacy group, the United States was home to 33.2 million small businesses, making up 99.9% of all U.S. businesses. The year 2021 marked a significant milestone with 5.4 million new business applications submitted nationwide. Consequently, the rising number of small enterprises is propelling the expansion of the open-source software market.
Prominent players in the open-source software sector are concentrating on crafting edge-optimized operating systems, such as Red Hat Device Edge, to bolster open-source communities. Red Hat Device Edge, an edge-optimized operating system, facilitates computing by providing the essential infrastructure and capabilities for efficient data processing at the network's edge. For instance, in October 2022, Red Hat Inc., a U.S.-based provider of open-source software products, unveiled Red Hat Device Edge, an edge-optimized operating system. This product empowers enterprises to deploy only the essential software components, thereby reducing the attack surface and resource utilization. It simplifies the management of edge devices and their associated workloads, allowing enterprises to deploy workloads on resource-limited devices at the furthest edge. Additionally, it offers security features such as intelligent device upgrades, zero-touch provisioning, and rapid security patches.
In April 2024, Cisco Systems Inc., a U.S.-based digital communications technology corporation, acquired Isovalent for an undisclosed sum. This acquisition is aimed at enhancing Cisco's capabilities in cloud-native networking and security while also expanding its dedication to the open-source ecosystem, particularly in the eBPF technology domain. Isovalent is a U.S.-based company that provides open-source software for cloud-native service connectivity, security, and observability.
Major companies operating in the open source software market are Intel Corporation, International Business Machines Corporation, Oracle Corporation, Transcend Information Inc., F5 Inc., Red Hat Inc., Mozilla Corporation, SUSE S.A., Progress Software Corporation, HashiCorp, Acquia Inc., Canonical Ltd., Aptean, Puppet Inc., TYPO3, MariaDB Corporation, The Linux Foundation, Redpill Linpro., ClearCenter, KDE, Eclipse Foundation AISBL, The Apache Software Foundation, Python Software Foundation, FossID, RethinkDB.
North America was the largest region in the open source software market in 2023. The regions covered in the open source software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the open source software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Open source software encompasses programs that come with their source code available, enabling users to examine, alter, and distribute them freely. This stands in contrast to proprietary software, where the source code is typically concealed and managed by the developer or vendor. The open-source approach fosters collaboration and community-led development, resulting in software that is more transparent, adaptable, and economical compared to its proprietary counterparts.
The primary categories of open-source software include shareware, bundled software, and Berkeley source distribution (BSD). Shareware is a software distribution method that permits users to test it before purchasing. It finds applications in various sectors such as professional services, managed services, small and medium enterprises, large enterprises including banking, financial services, insurance (BFSI), education, manufacturing, healthcare, life sciences, retail, distribution, and other end-users.
The open-source software market research report is one of a series of new reports that provides open-source software market statistics, including open-source software industry global market size, regional shares, competitors with an open-source software market share, detailed open-source software market segments, market trends and opportunities, and any further data you may need to thrive in the open-source software industry. This open-source software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The open source software market includes revenues earned by entities by providing services such as community support, security, and educational opportunities. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The open-source software market size is expected to see rapid growth in the next few years. It will grow to $77.75 billion in 2028 at a compound annual growth rate (CAGR) of 16.8%. The anticipated growth in the forecast period can be linked to a growing number of organizations, the increasing availability of open APIs, businesses' greater adoption of open-source software, a shift towards cloud-based infrastructure, and an increasing awareness of security benefits. Key trends expected in this period include technological advancements, ethical licensing models, cloud-based open-source software, frameworks for quantum computing, and the rise of low-code and no-code development.
The projected increase in small enterprises is anticipated to drive the growth of the open-source software market in the future. These small businesses are characterized as privately owned, run by a limited number of employees, and with comparatively lower revenue and profits than larger corporations. Their growth is fueled by advancements in technology, globalization, evolving workforce patterns, government backing, market prospects, cost-effectiveness, and a spirit of entrepreneurship. Open-source software aids these small enterprises by offering affordable solutions for their operational requirements, granting them access to top-notch software without the steep expenses associated with proprietary software. For example, in April 2023, as per the United States Chamber of Commerce, a U.S.-based business advocacy group, the United States was home to 33.2 million small businesses, making up 99.9% of all U.S. businesses. The year 2021 marked a significant milestone with 5.4 million new business applications submitted nationwide. Consequently, the rising number of small enterprises is propelling the expansion of the open-source software market.
Prominent players in the open-source software sector are concentrating on crafting edge-optimized operating systems, such as Red Hat Device Edge, to bolster open-source communities. Red Hat Device Edge, an edge-optimized operating system, facilitates computing by providing the essential infrastructure and capabilities for efficient data processing at the network's edge. For instance, in October 2022, Red Hat Inc., a U.S.-based provider of open-source software products, unveiled Red Hat Device Edge, an edge-optimized operating system. This product empowers enterprises to deploy only the essential software components, thereby reducing the attack surface and resource utilization. It simplifies the management of edge devices and their associated workloads, allowing enterprises to deploy workloads on resource-limited devices at the furthest edge. Additionally, it offers security features such as intelligent device upgrades, zero-touch provisioning, and rapid security patches.
In April 2024, Cisco Systems Inc., a U.S.-based digital communications technology corporation, acquired Isovalent for an undisclosed sum. This acquisition is aimed at enhancing Cisco's capabilities in cloud-native networking and security while also expanding its dedication to the open-source ecosystem, particularly in the eBPF technology domain. Isovalent is a U.S.-based company that provides open-source software for cloud-native service connectivity, security, and observability.
Major companies operating in the open source software market are Intel Corporation, International Business Machines Corporation, Oracle Corporation, Transcend Information Inc., F5 Inc., Red Hat Inc., Mozilla Corporation, SUSE S.A., Progress Software Corporation, HashiCorp, Acquia Inc., Canonical Ltd., Aptean, Puppet Inc., TYPO3, MariaDB Corporation, The Linux Foundation, Redpill Linpro., ClearCenter, KDE, Eclipse Foundation AISBL, The Apache Software Foundation, Python Software Foundation, FossID, RethinkDB.
North America was the largest region in the open source software market in 2023. The regions covered in the open source software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the open source software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Open source software encompasses programs that come with their source code available, enabling users to examine, alter, and distribute them freely. This stands in contrast to proprietary software, where the source code is typically concealed and managed by the developer or vendor. The open-source approach fosters collaboration and community-led development, resulting in software that is more transparent, adaptable, and economical compared to its proprietary counterparts.
The primary categories of open-source software include shareware, bundled software, and Berkeley source distribution (BSD). Shareware is a software distribution method that permits users to test it before purchasing. It finds applications in various sectors such as professional services, managed services, small and medium enterprises, large enterprises including banking, financial services, insurance (BFSI), education, manufacturing, healthcare, life sciences, retail, distribution, and other end-users.
The open-source software market research report is one of a series of new reports that provides open-source software market statistics, including open-source software industry global market size, regional shares, competitors with an open-source software market share, detailed open-source software market segments, market trends and opportunities, and any further data you may need to thrive in the open-source software industry. This open-source software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The open source software market includes revenues earned by entities by providing services such as community support, security, and educational opportunities. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Open Source Software Market Characteristics3. Open Source Software Market Trends and Strategies32. Global Open Source Software Market Competitive Benchmarking33. Global Open Source Software Market Competitive Dashboard34. Key Mergers and Acquisitions in the Open Source Software Market
4. Open Source Software Market - Macro Economic Scenario
5. Global Open Source Software Market Size and Growth
6. Open Source Software Market Segmentation
7. Open Source Software Market Regional and Country Analysis
8. Asia-Pacific Open Source Software Market
9. China Open Source Software Market
10. India Open Source Software Market
11. Japan Open Source Software Market
12. Australia Open Source Software Market
13. Indonesia Open Source Software Market
14. South Korea Open Source Software Market
15. Western Europe Open Source Software Market
16. UK Open Source Software Market
17. Germany Open Source Software Market
18. France Open Source Software Market
19. Italy Open Source Software Market
20. Spain Open Source Software Market
21. Eastern Europe Open Source Software Market
22. Russia Open Source Software Market
23. North America Open Source Software Market
24. USA Open Source Software Market
25. Canada Open Source Software Market
26. South America Open Source Software Market
27. Brazil Open Source Software Market
28. Middle East Open Source Software Market
29. Africa Open Source Software Market
30. Open Source Software Market Competitive Landscape and Company Profiles
31. Open Source Software Market Other Major and Innovative Companies
35. Open Source Software Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Open Source Software Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on open source software market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for open source software ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The open source software market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Type: Shareware; Bundled Software; Berkeley Source Distribution (BSD)2) by Application: Professional Services; Managed Services
3) by Organization Size: Small and Medium Enterprises; Large Enterprises
4) by End-User: Banking Financial Services and Insurance (BFSI); Education; Manufacturing; Healthcare and Life Sciences; Retail and Distribution; Other End-Users
Key Companies Mentioned: Intel Corporation; International Business Machines Corporation; Oracle Corporation; Transcend Information Inc.; F5 Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Intel Corporation
- International Business Machines Corporation
- Oracle Corporation
- Transcend Information Inc.
- F5 Inc.
- Red Hat Inc.
- Mozilla Corporation
- SUSE S.A.
- Progress Software Corporation
- HashiCorp
- Acquia Inc.
- Canonical Ltd.
- Aptean
- Puppet Inc.
- TYPO3
- MariaDB Corporation
- The Linux Foundation
- Redpill Linpro.
- ClearCenter
- KDE
- Eclipse Foundation AISBL
- The Apache Software Foundation
- Python Software Foundation
- FossID
- RethinkDB
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | July 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 41.83 Billion |
Forecasted Market Value ( USD | $ 77.75 Billion |
Compound Annual Growth Rate | 16.8% |
Regions Covered | Global |