Open source hardware worth $1billion by 2015

The market for open source hardware is hotting up, with the top 13 companies in the space turning over nearly $50million last year – according to Phil Torrone, designer at Adafruit industries. Speaking with Adafruit’s founder Limor Fried at the O’Reilly Foo Camp East in the beginning of May, Torrone also claimed that there are now nearly 300 significant open source hardware projects in development and predicted that the market will grow to over $1billion by 2015.

The presentation, given at Microsoft’s North East Research and Development (NERD) Centre, began with Limor giving an introduction to open source hardware. She briefly outlined how designers share the ‘source code’ in the form of CAD and other design files, electronic circuit layouts and firmware/software essential to the functioning of any device.

Read more at Linux User

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