The Latin America, Middle East and Africa Open Source Services Market would witness market growth of 20.7% CAGR during the forecast period (2021-2027).
By adopting Open source solutions, client businesses get higher flexibility and vendors become empowered by getting the opportunity and capability to modify their product to give customers the improved functionalities of their product. The increasing advancements in open source services enable technology providers to offer new solutions via partnerships. For example, Red Hat and Infosys, in 2019, formed a partnership for the development of an end-to-end open-source reference architecture & solution for IoT for industry verticals such as retail, oil and gas, financial services, and consumer packaged goods (CPG) & manufacturing.
The adoption of open source software has increased in the last few years at the enterprise level. It is because companies are identifying several benefits of open source services over the proprietary services and software, which is encouraging more companies to adopt these solutions. Due to this increase in adoption, the growth of the regional open source services market would witness a surge over the forecast period. In addition, the limited budget of the SMEs in this region is also contributing to the growth of the open source services market in this region.
Moreover, proprietary software for the major IT infrastructure can increase the risk of getting locked in by the vendor or technology. If this situation occurs then companies could witness an increase in the prices of the solutions and also experience less flexibility which cannot be avoided. Owing to this challenge, companies are increasingly inclining towards the implementation of open source services. In addition, several start-ups are using open source solutions in their premises due to their budget constraints, which is creating lucrative opportunities for the regional market growth during the forecast period.
Although, the development of an application from open-source software (OSS) features requires significant integration work like data synchronization, collaboration tools, automatic failover, load balancing, data management, etc. In addition, challenges like high architectural and operational complications are estimated to hinder the growth of the open source services market over the forecast period. For example, companies should deal with the latest software sources that include commercial and non-commercial vendors. These compliance norms would pose a key challenge in the introduction of advanced processes. Additionally, the absence of proper knowledge about particular open source services among numerous small enterprises is also restricting the growth of the open source services market.
The Professional Services market dominated the South Africa Open Source Services Market by Type 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $488.1 million by 2027. The Managed Services market is expected to witness a CAGR of 24.8% during (2021 - 2027).
Based on Type, the market is segmented into Professional Services and Managed Services. Professional Services market is further bifurcated across Training & Consulting, Integration & Implementation and Support & Maintenance. Based on Industry Vertical, the market is segmented into IT, ITeS & Telecom, BFSI, Consumer Goods & Retail, Manufacturing, Healthcare & Life Sciences, Transportation & Logistics, Education and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Open Source Services Market is Predict to reach $60 Billion by 2027, at a CAGR of 17%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Suse SA, Percona, Salesforce.com (Mulesoft), Wipro Ltd., Accenture plc, Evoke Technologies, Cisco Systems, Inc., Infosys Limited, and Hewlett Packard Enterprise.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Professional Services
- Training & Consulting
- Integration & Implementation
- Support & Maintenance
- Managed Services
By Industry Vertical
- IT, ITeS & Telecom
- BFSI
- Consumer Goods & Retail
- Manufacturing
- Healthcare & Life Sciences
- Transportation & Logistics
- Education
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Suse SA
- Percona
- Salesforce.com (Mulesoft)
- Wipro Ltd.
- Accenture plc
- Evoke Technologies
- Cisco Systems, Inc.
- Infosys Limited
- Hewlett Packard Enterprise
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Open Source Services Market, by Type
1.4.2 LAMEA Open Source Services Market, by Industry Vertical
1.4.3 LAMEA Open Source Services Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2017, Jun – 2021, Jun) Leading Players
Chapter 4. LAMEA Open Source Services Market by Type
4.1 LAMEA Open Source Services Professional Services Market by Country
4.2 LAMEA Open Source Services Market by Professional Services Type
4.2.1 LAMEA Open Source Services Training & Consulting Market by Country
4.2.2 LAMEA Open Source Services Integration & Implementation Market by Country
4.2.3 LAMEA Open Source Services Support & Maintenance Market by Country
4.3 LAMEA Open Source Services Managed Services Market by Country
Chapter 5. LAMEA Open Source Services Market by Industry Vertical
5.1 LAMEA IT, ITeS & Telecom Open Source Services Market by Country
5.2 LAMEA BFSI Open Source Services Market by Country
5.3 LAMEA Consumer Goods & Retail Open Source Services Market by Country
5.4 LAMEA Manufacturing Open Source Services Market by Country
5.5 LAMEA Healthcare & Life Sciences Open Source Services Market by Country
5.6 LAMEA Transportation & Logistics Open Source Services Market by Country
5.7 LAMEA Education Open Source Services Market by Country
5.8 LAMEA Other Industry Vertical Open Source Services Market by Country
Chapter 6. LAMEA Open Source Services Market by Country
6.1 Brazil Open Source Services Market
6.1.1 Brazil Open Source Services Market by Type
6.1.1.1 Brazil Open Source Services Market by Professional Services Type
6.1.2 Brazil Open Source Services Market by Industry Vertical
6.2 Argentina Open Source Services Market
6.2.1 Argentina Open Source Services Market by Type
6.2.1.1 Argentina Open Source Services Market by Professional Services Type
6.2.2 Argentina Open Source Services Market by Industry Vertical
6.3 UAE Open Source Services Market
6.3.1 UAE Open Source Services Market by Type
6.3.1.1 UAE Open Source Services Market by Professional Services Type
6.3.2 UAE Open Source Services Market by Industry Vertical
6.4 Saudi Arabia Open Source Services Market
6.4.1 Saudi Arabia Open Source Services Market by Type
6.4.1.1 Saudi Arabia Open Source Services Market by Professional Services Type
6.4.2 Saudi Arabia Open Source Services Market by Industry Vertical
6.5 South Africa Open Source Services Market
6.5.1 South Africa Open Source Services Market by Type
6.5.1.1 South Africa Open Source Services Market by Professional Services Type
6.5.2 South Africa Open Source Services Market by Industry Vertical
6.6 Nigeria Open Source Services Market
6.6.1 Nigeria Open Source Services Market by Type
6.6.1.1 Nigeria Open Source Services Market by Professional Services Type
6.6.2 Nigeria Open Source Services Market by Industry Vertical
6.7 Rest of LAMEA Open Source Services Market
6.7.1 Rest of LAMEA Open Source Services Market by Type
6.7.1.1 Rest of LAMEA Open Source Services Market by Professional Services Type
6.7.2 Rest of LAMEA Open Source Services Market by Industry Vertical
Chapter 7. Company Profiles
7.1 SUSE S.A.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Product Launches and Product Expansions:
7.1.5.3 Acquisition and Mergers:
7.2 Percona LLC.
7.2.1 Company Overview
7.2.2 Recent strategies and developments:
7.2.2.1 Partnerships, Collaborations, and Agreements:
7.2.2.2 Product Launches and Product Expansions:
7.3 Evoke Technologies Pvt Ltd
7.3.1 Company Overview
7.4 IBM Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional & Segmental Analysis
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Product Launches and Product Expansions:
7.4.5.3 Acquisition and Mergers:
7.4.6 SWOT Analysis
7.5 Hewlett Packard Enterprise Company
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.5.5.2 Acquisition and Mergers:
7.5.6 SWOT Analysis
7.6 Accenture PLC
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Product Launches and Product Expansions:
7.6.6 SWOT Analysis
7.7 Infosys Limited
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Product Launches and Product Expansions:
7.7.5.2 Acquisition and Mergers:
7.7.6 SWOT Analysis
7.8 Wipro Limited
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.8.6 SWOT Analysis
7.9 Cisco Systems, Inc.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.9.4 Research & Development Expense
7.9.5 Recent strategies and developments:
7.9.5.1 Partnerships, Collaborations, and Agreements:
7.9.5.2 Acquisition and Mergers:
7.9.6 SWOT Analysis
7.10. Salesforce.com, Inc. (Mulesoft)
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Regional Analysis
7.10.4 Research & Development Expense
7.10.5 Recent strategies and developments:
7.10.5.1 Product Launches and Product Expansions:
7.10.5.2 Acquisition and Mergers:
7.10.6 SWOT Analysis
TABLE 1 LAMEA Open Source Services Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Open Source Services Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Open Services Market
TABLE 4 Product Launches And Product Expansions– Open Services Market
TABLE 5 Acquisition and Mergers– Open Services Market
TABLE 6 LAMEA Open Source Services Market by Type, 2017 - 2020, USD Million
TABLE 7 LAMEA Open Source Services Market by Type, 2021 - 2027, USD Million
TABLE 8 LAMEA Open Source Services Professional Services Market by Country, 2017 - 2020, USD Million
TABLE 9 LAMEA Open Source Services Professional Services Market by Country, 2021 - 2027, USD Million
TABLE 10 LAMEA Open Source Services Market by Professional Services Type, 2017 - 2020, USD Million
TABLE 11 LAMEA Open Source Services Market by Professional Services Type, 2021 - 2027, USD Million
TABLE 12 LAMEA Open Source Services Training & Consulting Market by Country, 2017 - 2020, USD Million
TABLE 13 LAMEA Open Source Services Training & Consulting Market by Country, 2021 - 2027, USD Million
TABLE 14 LAMEA Open Source Services Integration & Implementation Market by Country, 2017 - 2020, USD Million
TABLE 15 LAMEA Open Source Services Integration & Implementation Market by Country, 2021 - 2027, USD Million
TABLE 16 LAMEA Open Source Services Support & Maintenance Market by Country, 2017 - 2020, USD Million
TABLE 17 LAMEA Open Source Services Support & Maintenance Market by Country, 2021 - 2027, USD Million
TABLE 18 LAMEA Open Source Services Managed Services Market by Country, 2017 - 2020, USD Million
TABLE 19 LAMEA Open Source Services Managed Services Market by Country, 2021 - 2027, USD Million
TABLE 20 LAMEA Open Source Services Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 21 LAMEA Open Source Services Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 22 LAMEA IT, ITeS & Telecom Open Source Services Market by Country, 2017 - 2020, USD Million
TABLE 23 LAMEA IT, ITeS & Telecom Open Source Services Market by Country, 2021 - 2027, USD Million
TABLE 24 LAMEA BFSI Open Source Services Market by Country, 2017 - 2020, USD Million
TABLE 25 LAMEA BFSI Open Source Services Market by Country, 2021 - 2027, USD Million
TABLE 26 LAMEA Consumer Goods & Retail Open Source Services Market by Country, 2017 - 2020, USD Million
TABLE 27 LAMEA Consumer Goods & Retail Open Source Services Market by Country, 2021 - 2027, USD Million
TABLE 28 LAMEA Manufacturing Open Source Services Market by Country, 2017 - 2020, USD Million
TABLE 29 LAMEA Manufacturing Open Source Services Market by Country, 2021 - 2027, USD Million
TABLE 30 LAMEA Healthcare & Life Sciences Open Source Services Market by Country, 2017 - 2020, USD Million
TABLE 31 LAMEA Healthcare & Life Sciences Open Source Services Market by Country, 2021 - 2027, USD Million
TABLE 32 LAMEA Transportation & Logistics Open Source Services Market by Country, 2017 - 2020, USD Million
TABLE 33 LAMEA Transportation & Logistics Open Source Services Market by Country, 2021 - 2027, USD Million
TABLE 34 LAMEA Education Open Source Services Market by Country, 2017 - 2020, USD Million
TABLE 35 LAMEA Education Open Source Services Market by Country, 2021 - 2027, USD Million
TABLE 36 LAMEA Other Industry Vertical Open Source Services Market by Country, 2017 - 2020, USD Million
TABLE 37 LAMEA Other Industry Vertical Open Source Services Market by Country, 2021 - 2027, USD Million
TABLE 38 LAMEA Open Source Services Market by Country, 2017 - 2020, USD Million
TABLE 39 LAMEA Open Source Services Market by Country, 2021 - 2027, USD Million
TABLE 40 Brazil Open Source Services Market, 2017 - 2020, USD Million
TABLE 41 Brazil Open Source Services Market, 2021 - 2027, USD Million
TABLE 42 Brazil Open Source Services Market by Type, 2017 - 2020, USD Million
TABLE 43 Brazil Open Source Services Market by Type, 2021 - 2027, USD Million
TABLE 44 Brazil Open Source Services Market by Professional Services Type, 2017 - 2020, USD Million
TABLE 45 Brazil Open Source Services Market by Professional Services Type, 2021 - 2027, USD Million
TABLE 46 Brazil Open Source Services Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 47 Brazil Open Source Services Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 48 Argentina Open Source Services Market, 2017 - 2020, USD Million
TABLE 49 Argentina Open Source Services Market, 2021 - 2027, USD Million
TABLE 50 Argentina Open Source Services Market by Type, 2017 - 2020, USD Million
TABLE 51 Argentina Open Source Services Market by Type, 2021 - 2027, USD Million
TABLE 52 Argentina Open Source Services Market by Professional Services Type, 2017 - 2020, USD Million
TABLE 53 Argentina Open Source Services Market by Professional Services Type, 2021 - 2027, USD Million
TABLE 54 Argentina Open Source Services Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 55 Argentina Open Source Services Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 56 UAE Open Source Services Market, 2017 - 2020, USD Million
TABLE 57 UAE Open Source Services Market, 2021 - 2027, USD Million
TABLE 58 UAE Open Source Services Market by Type, 2017 - 2020, USD Million
TABLE 59 UAE Open Source Services Market by Type, 2021 - 2027, USD Million
TABLE 60 UAE Open Source Services Market by Professional Services Type, 2017 - 2020, USD Million
TABLE 61 UAE Open Source Services Market by Professional Services Type, 2021 - 2027, USD Million
TABLE 62 UAE Open Source Services Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 63 UAE Open Source Services Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 64 Saudi Arabia Open Source Services Market, 2017 - 2020, USD Million
TABLE 65 Saudi Arabia Open Source Services Market, 2021 - 2027, USD Million
TABLE 66 Saudi Arabia Open Source Services Market by Type, 2017 - 2020, USD Million
TABLE 67 Saudi Arabia Open Source Services Market by Type, 2021 - 2027, USD Million
TABLE 68 Saudi Arabia Open Source Services Market by Professional Services Type, 2017 - 2020, USD Million
TABLE 69 Saudi Arabia Open Source Services Market by Professional Services Type, 2021 - 2027, USD Million
TABLE 70 Saudi Arabia Open Source Services Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 71 Saudi Arabia Open Source Services Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 72 South Africa Open Source Services Market, 2017 - 2020, USD Million
TABLE 73 South Africa Open Source Services Market, 2021 - 2027, USD Million
TABLE 74 South Africa Open Source Services Market by Type, 2017 - 2020, USD Million
TABLE 75 South Africa Open Source Services Market by Type, 2021 - 2027, USD Million
TABLE 76 South Africa Open Source Services Market by Professional Services Type, 2017 - 2020, USD Million
TABLE 77 South Africa Open Source Services Market by Professional Services Type, 2021 - 2027, USD Million
TABLE 78 South Africa Open Source Services Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 79 South Africa Open Source Services Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 80 Nigeria Open Source Services Market, 2017 - 2020, USD Million
TABLE 81 Nigeria Open Source Services Market, 2021 - 2027, USD Million
TABLE 82 Nigeria Open Source Services Market by Type, 2017 - 2020, USD Million
TABLE 83 Nigeria Open Source Services Market by Type, 2021 - 2027, USD Million
TABLE 84 Nigeria Open Source Services Market by Professional Services Type, 2017 - 2020, USD Million
TABLE 85 Nigeria Open Source Services Market by Professional Services Type, 2021 - 2027, USD Million
TABLE 86 Nigeria Open Source Services Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 87 Nigeria Open Source Services Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 88 Rest of LAMEA Open Source Services Market, 2017 - 2020, USD Million
TABLE 89 Rest of LAMEA Open Source Services Market, 2021 - 2027, USD Million
TABLE 90 Rest of LAMEA Open Source Services Market by Type, 2017 - 2020, USD Million
TABLE 91 Rest of LAMEA Open Source Services Market by Type, 2021 - 2027, USD Million
TABLE 92 Rest of LAMEA Open Source Services Market by Professional Services Type, 2017 - 2020, USD Million
TABLE 93 Rest of LAMEA Open Source Services Market by Professional Services Type, 2021 - 2027, USD Million
TABLE 94 Rest of LAMEA Open Source Services Market by Industry Vertical, 2017 - 2020, USD Million
TABLE 95 Rest of LAMEA Open Source Services Market by Industry Vertical, 2021 - 2027, USD Million
TABLE 96 Key Information – SUSE S.A.
TABLE 97 Key Information – Percona LLC.
TABLE 98 Key Information – Evoke Technologies Pvt Ltd
TABLE 99 Key information – IBM Corporation
TABLE 100 key information – Hewlett Packard Enterprise Company
TABLE 101 Key information – Accenture PLC
TABLE 102 Key Information – Infosys Limited
TABLE 103 Key Information – Wipro Limited
TABLE 104 Key Information – Cisco Systems, Inc.
TABLE 105 Key Information –Salesforce.com, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Jun – 2021, Jun) Leading Players
FIG 5 Recent strategies and developments: Percona LLC.
FIG 6 Recent strategies and developments: IBM Corporation
FIG 7 Swot analysis: IBM Corporation
FIG 8 Recent strategies and developments: Hewlett Packard Enterprise
FIG 9 SWOT analysis: Hewlett-Packard enterprise Company
FIG 10 Recent strategies and developments: Accenture PLC
FIG 11 Swot analysis: Accenture plc
FIG 12 Recent strategies and developments: Infosys Ltd.
FIG 13 SWOT Analysis: Infosys Limited
FIG 14 SWOT Analysis: Wipro Limited
FIG 15 SWOT Analysis: Cisco Systems, Inc.
FIG 16 Recent strategies and developments: Salesforce
FIG 17 SWOT Analysis: Salesforce.com Inc.