Open Source Services Market Size Estimated to Be $54.1 Billion by 2027
According to MarketsandMarkets, Open Source Services Market size is expected to grow from an estimated value of USD 25.6 billion in 2022 to 54.1 billion USD by 2027, at a Compound Annual Growth Rate (CAGR) of 16.2% from 2022 to 2027. Some factors driving market growth include gamut of low cost OSS; freedom from vendor lock-ins; increased usage of cloud technology and IoT devices in enterprises; and simple bug removal processes associated to OSS.
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