Fortune Business Insights I do the publication of a report in which he argues that expects the global market size for Linux to reach 15,64 billion by the end of 2027 in which it estimates that it will show an average annual growth rate of 19,2% during the forecast period, 2020-2027.
And it is that as such Linux has experienced two significant growth peaks (in terms of growth from previous years) this year, according to data from NetMarcketShare. The first time in April, which raised its market share to 2,87%, and the second time in July, when its share of the desktop OS market rose to 3,61%.
Fortune Business Insights says this growth will continue over time, especially over the next seven years, when Linux's share of the desktop will reach 19,2%.
The firm believes that increasing product applications in different sectors industrial is a key factor in the growth of the market. Therefore, the increasing adoption of cloud platforms on Linux-based operating systems will allow applications in various industries.
The ease of availability of cloud platformsAs well as open source codes on the Internet, it will promote the growth of the general market in the coming years. In addition, healthcare, manufacturing, IT and telecommunications companies, among others, are currently focusing on replacing existing servers and equipment by advanced Linux servers. This helps organizations to take advantage of the features of this operating system, such as advanced security and data storage capacity.
There is also the reliability and speed of the system. With the increase in the number of servers and data centers, market growth for these systems is expected to accelerate during the forecast period.
Another factor that comes into play is that Fortune Business estimates that it expects the overall Linux operating systems market to grow at a strong CAGR (compound annual growth rate) during the period. The growth of the Linux market is driven by growing cloud-based demand in the healthcare, information technology and telecommunications industries.
In fact, as the Covid-19 pandemic continues, it has posed an exceptional challenge for back-end technologies and front-end applications.
However, Linux is playing a dynamic role in efforts to mitigate the spread of Covid-19.
Many open source projects support healthcare services, software developers, scientists, and innovators in many countries to alleviate some of the difficulties associated with this pandemic. Embedded Linux has been used in thermal imaging devices such as the Raspberry Pi-based FluSense and Kogniz's Health Cam device. This made it possible to control the temperature, detect a cough and analyze the data to monitor the symptoms of the coronavirus.
Finally, the firm believes that with increased investment in terms of business strategies such as product launches, business expansion, mergers, acquisitions etc., market growth is expected to grow at a substantial CAGR over the forecast period.
The study report covers several factors that have contributed to the growth of the Linux market in recent years. Among all factors, the increasing number of company mergers and acquisitions has had the greatest impact on market growth.
In parallel, the growing number of startups offering Linux operating systems and services and the increasing adoption of virtual machines are expected to increase the size of the market.
Likewise, the presence of several large companies operating around the world will bode well for the growth of the market in the coming years. In addition, the increasing investment in the adoption of cloud applications derived from the Linux operating system will also contribute to the growing demand for the product around the world.
In addition to these facts, the use of the operating system by large companies such as Facebook will create several opportunities for market growth. The report cited some of the top companies operating in the Linux operating system market, including Arch Linux, Amazon Web Services, Canonical, ClearCenter, Debian, Elementary, IBM, etc.