The Global DevOps market is touted to grow at an exceptionally good rate during the forecast period (2022-2030) reports Market Research Future (MRFR) in an extensive study of the same market. Apart from cloud-based solutions, its ability to reduce the cost of automation setup and maintenance services is triggering the market prospect. Furthermore, it enhances the operational efficacy of the software in verticals across industries which can be considered a boost for the DevOps market. The report further includes an in-depth analysis of the segments. This comprehensive study provides a better peek into the prospects of the market in the coming years.
DevOps Market to hit US$ 25.4 Billion, Globally, by 2030 at 25.30% CAGR
The rising adoption of the product among all types of organization sizes – small, medium, and large are expected to catalyze revenue creation for the market players in the years to come. The digitization drive introduced by the governments is expected to support the expansion of the DevOps market over the next few years.
The product enables quality assurance and streamlining activities. In addition, the product helps in shortening the lifecycle of the development process. These factors are likely to emerge as driving factors of the DevOps market over the assessment period. However, on the other side, the lack of skilled people remains an impediment to market growth.
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The solution-based segments of the global DevOps market are delivery and operations management, monitoring and performance management, analytics, lifecycle management, and testing and development.
On the basis of deployment, the DevOps market has been segmented into on-premise and cloud. The cloud segment has been sub-segmented into private cloud, public cloud, and hybrid cloud.
Based on organization size, the global DevOps market has been segmented into SMEs and large enterprises.
On the basis of industry vertical, the DevOps market has been segmented into BFSI, information and telecommunication technology enabled services, retail, manufacturing, government and public sector, media and entertainment, healthcare, education, transportation and logistics, energy and utilities, and travel and hospitality.
Region-specific analysis of the DevOps market includes mainly North America, Europe, Asia Pacific, Rest-of-the-World (RoW).
North America is leading the market as its infrastructural advantage is providing substantial backup to the DevOps market growth. Furthermore, the region has this tendency to adopt the latest technologies owing to which various sectors are quick in responding to this development. At the same time, escalating use of cloud technology can be seen as a significant regional market driver.
Europe’s market is also expected to gain substantially from its percolation in the service industry. The region has similar features like North America which makes it easier for the market to gain significant momentum in the coming years.
The APAC market is expected to grow with the fastest CAGR during the forecast period. Booming industries across the region and emerging economies such as China, India, and South Korea are expected to substantiate the regional market stand.
IBM Corporation, Microsoft Corporation, Amazon Web Services Inc., VersionOne Inc., Cisco Systems Inc., Google Inc., HP Enterprise Development LP, Puppet Labs Inc., Micro Focus, Clarizen Inc., GitLab, Electric Cloud, TO THE NEW, CFEngine, Rackspace, TO THE NEW, CFEngine, Clarive, Perforce, HashiCorp, OpenMake Software, CollabNet, XebiaLabs, Atlassian, Docker Inc., RapidValue, Cigniti, Chef Inc., Red Hat Inc., EMC Corporation, CA Technologies, and Oracle Corporation.
These players are anticipated to invest in the expansion of their technical capabilities, which is likely to encourage competitiveness in the global market place over the next couple of years. In addition, the focus on the expansion of global footprints is also prognosticated to boost the robust competition in the DevOps market in the years to come. Other approaches to be used by these players for gaining edge over others are mergers & acquisitions, collaborations, partnerships, etc.
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List of Tables
Table1 Global DevOps Market, By Country, 2018-2023
Table2 North America: DevOps Market, By Country, 2018–2023
Table3 Europe: DevOps Market, By Country, 2018–2023
Table4 Asia-Pacific: DevOps Market, By Country, 2018–2023
Table5 Latin America: DevOps Market, By Country, 2018–2023
Table6 North America: DevOps Market, By Country
Table7 North America: DevOps Market, By Application
Table8 North America: DevOps Market, By Type
Table9 North America: DevOps Market, By Service
Table10 North America: DevOps Market, By Vertical
Table11 Europe: DevOps Market, By Country
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