Company Spotlight

Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Explore the evolution of open-source software and the key trends driving its transformation. From increased community collaboration to cloud integration and security advancements, open-source software is shaping the future of technology.
Open-source software (OSS) is experiencing a transformative wave in 2024 as several key trends are emerging that not only highlight the significance of OSS but also reflect its integral role in the tech ecosystem. Here are few of the key trends:
The integration of Artificial Intelligence (AI) and Machine Learning (ML) into open-source projects is accelerating at an unprecedented rate. By 2026, it is anticipated that over 80% of enterprises will deploy generative AI applications, many of which will operate on open-source platforms. This marks a substantial increase from less than 5% in early 2023. Tools like TensorFlow and PyTorch are leading this charge as they are enabling developers to create complex AI models with greater efficiency. In fact, TensorFlow has over 1.5 million active users and boasts a community of more than 2,000 contributors, underscoring its popularity and huge impact.
As OSS becomes more prevalent, the focus on security is intensifying. A recent report revealed that 96% of codebases analysed contained open-source components, with an average of 526 such components per application. However, vulnerabilities are a significant concern as till September 2024, 74% of risk-assessed codebases contained high-risk vulnerabilities, up from 48% the previous year. This translates to approximately 1,200 vulnerabilities identified across thousands of applications. This has led to increased adoption of Software Bill of Materials (SBOM) practices to enhance transparency and compliance. Companies are also establishing Open Source Program Offices (OSPOs) to oversee their OSS strategies and manage security risks effectively.
Corporate support for open-source projects is witnessing a resurgence. In 2024, tech giants such as Google and Microsoft are significantly increasing their contributions to OSS initiatives, recognising the strategic value these projects bring. For instance, Google has committed over USD 10 million to various open-source projects this year alone. Recent statistics show that 84% of software developers contribute to open-source projects, highlighting the community-driven nature of this movement. Moreover, contributions from corporate sponsors have increased by approximately 30%, reflecting a growing recognition of the importance of OSS in driving innovation.
Sustainability is also becoming a central theme in OSS development. Organisations are increasingly creating tools designed to address environmental challenges, such as carbon footprint calculators and energy-efficient software solutions. In fact, a survey indicated that 80% of companies reported increased usage of open-source technologies over the past year, with many leveraging OSS to meet their sustainability goals. Projects like Open Climate Workbench exemplify how OSS can provide data-driven approaches to environmental assessments and it has already been used by over 500 organisations worldwide.
The adoption of open-source software is surging in developing countries, where organisations are seeking cost-effective and scalable solutions tailoured to local needs. With 80% of companies globally reporting increased use of OSS in the last year, it is evident that businesses in emerging markets are comprehending its potential as a catalyst for innovation and economic growth. For example, countries like India have seen a rise in OSS usage from around 30% in 2020 to nearly 65% in 2024 among small to medium enterprises.
A notable trend in 2024 is the rise of forking projects aimed at ensuring continued access to free resources. As communities become more aware of ethical considerations surrounding software licensing, forks like OpenTofu, derived from Terraform, are gaining popularity as they provide openness and community governance. Since its launch earlier in 2024, OpenTofu has attracted over 1,000 contributors, which reflects a strong community commitment to maintaining freedom in software development.
The open-source software landscape in 2024 is vibrant and dynamic, marked by significant trends that reflect its growing importance in technology. From AI integration and enhanced security measures to increased corporate sponsorship and sustainability initiatives, OSS is poised for transformative growth. The future of open source promises not only technological advancements but also a more inclusive and sustainable digital ecosystem for all.
Latest Updates on Thriving Economically in a World of Constant Innovation
To place an order through our website, select the license type mentioned on the report details page. Click on the ‘Buy Now’ button and fill in your details. Select your preferred mode of payment after which you will be redirected to the selected payment gateway. Follow the steps and proceed to checkout.
www.expertmarketresearch.comEnlisting all your requirements and queries along with details that include billing and delivery address and the preferred payment mode. Our customer service representative will revert to you within 24 hours.
[email protected]To place an order through telephone, call our sales team on the following numbers and our customer service representative will help you regarding the same.
+61 291 889 415Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124