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Title: Linux OS Market to Reach $15.64 Billion by 2027
Post by: priyaapatil0210 on March 26, 2021, 07:35:05 AM
The global Linux Operating System market size is projected to reach USD 15.64 billion by the end of 2027. The increasing product applications across diverse industry verticals will bode well for market growth. According to a report published by Fortune Business Insights, titled “Linux Operating System Market Size, Share & Covid-19 Impact Analysis, By Distribution (Virtual Machines, Servers and Desktops), By End-use (Commercial/Enterprise and Individual), and Regional Forecast, 2020-2027,” the market was worth USD 3.89 billion in 2019 and will exhibit a CAGR of 19.2% during the forecast period, 2020-2027.

Linux operating systems are used in several applications by major companies across the world. They are used to develop several coding languages and build embedded systems on a large scale. The increasing adoption of cloud platforms in Linux-based OS will allow applications across diverse industry verticals. The ease of availability of cloud platforms as well open-source codes over the internet will emerge in favor of the growth of the overall Linux Operating System Market in the coming years. The presence of several large scale companies operating across the world will bode well for the growth of the market in the coming years. The increasing investment in the adoption of cloud-based applications derived through Linux OS will contribute to the growing demand for the product across the world. Moreover, the use of Linux-OS by major companies such as Facebook will create several opportunities for market growth.

The Linux OS Market report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the increasing number of company mergers and acquisitions has made the highest impact on market growth. In December 2017, ClearCenter announced that it has completed the acquisition of Minebox IT Services. Through this acquisition, the company will look to enhance ClearOS. ClearCenter will look to capitalize on Minebox’s blockchain based decentralized platform with the ClearOs. This acquisition will help the companies offer improved customer services, by providing enhanced Linux-OS platforms across the world. ClearCenter’s acquisition of Minebox will not just help the company grow but will also have a direct impact on the growth of the overall market in the coming years.

The Linux Operating System Market report analyzes ongoing market trends across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among these regions, the Linux Operating System  (https://www.fortunebusinessinsights.com/linux-operating-system-market-103037)Market in North America is projected to emerge dominant in the coming years. The presence of several large scale companies in the United States will have a direct impact on the growth of the market in this region.  As of 2018, the market in 2018 was worth USD 675.5 million and this value is projected to increase further in the coming years. Besides North America, the market in Europe will exhibit a considerable CAGR in the coming years driven by the growing efforts to integrate the use of Linux-OS in desktop systems in several countries across Europe.