Devops Market Synopsis
Devops Market Size Was Valued at USD 10.9 Billion in 2023, and is Projected to Reach USD 61.1 Billion by 2032, Growing at a CAGR of 21.1% From 2024-2032.
The DevOps market encompasses all the practices, tools, as well as the cultural philosophies that connect the software development (Dev) and the IT operation (Ops). It is to enable the codification, creation, development, testing, and implementation and other management tasks of software solutions and support structures. DevOps is the well-organized practice and culture of combining and improving the cooperation between software developers and other related IT specialists through the integration of tools, throughout the development process for regularly releasing high-quality yet reliable software. Hence, the DevOps market consists of CI/CD, infrastructure as code, containers, orchestration tools, and cloud providers. DevOps, thus, helps organizations to be more contemporary, adaptable, and effective in responding to customers’ needs which, in turn, allows organizations to be quicker in delivering new features and innovations and boost their overall business competitiveness for businesses that primarily operate digitally.
- The trends of the DevOps market reveal rapid growth due to the growth of such factors as the use of agile methods and cloud technologies. DevOps refers to the set practices that enhances the communication between the development team and operations functions to enable the enhancement of the processes of delivering the software as well as the management of resources. It assists organisations in attaining quicker time-to- deploy, better quality of the released software, and more effective IT processes. Some of the critical subdomains of the DevOps domain are Continuous Integration & Continuous Delivery tools, Containers and Orchestration tools including Docker and Kubernetes, Configuration management & Automation tools including Chef or Puppet, and Cloud Computing platforms such as AWS, Azure, or Google Cloud among others.
- Culture and market behavior indicate that the importance of DevOps solutions is increasing steadily, primarily due to high demands for a shorter time to market, bigger and constantly growing businesses, and decreasing operational costs. Given the importance of digital transformation in organizations, which buzz closely related to software and software development and hence, the DevOps market and the related tools are still growing and changing. Organizations are also shifting towards DevSecOps where security is being incorporated right from the DevOps process to safeguard application from vulnerabilities and compliance issues. All in all, the DevOps market will continue to grow as organisations strive to improve there IT environments and to deliver product innovation at speed in a competitive world.
Devops Market Trend Analysis
Increasing adoption of DevSecOps principles
- Among all the trends in the DevOps market, one should avoid missing the fact that more and more people introduce DevSecOps. DevSecOps involves the participation of security measures throughout the flow of the application development process with an objective of having security as a standard process rather than an opportunity. This trend answers to continuously increasing threats of cyber attacks and to regulations which force organizations to secure their applications from the beginning of application development and through to production and live usage. DevSecOps is the integration of security testing, compliance, and risk analysis tools into the CI/CD processing cycle, which extends program security without delaying the development or amplifying the cost of operation. That trend reflects the growing concern with preventive, holistic strategies to addressing software risks in the context of raising levels of interconnectivity and technological dependence.
Expansion of DevOps practices beyond traditional IT domains into non-technical areas of business operations
- A new trend in the DevOps market is the interaction of DevOps with not only IT fields but also a combination of different organizational business processes. It is also noteworthy that more and more companies and organizations admit to using DevOps principles for various elements of the business processes like marketing, financial, and customer support areas. Deviating from the usual approaches in the operations of these departments, the use of DevOps automation, collaboration, and continuous improvement methodologies will enable the business to have enhanced efficiency, agility, and responsiveness to market trends. For instance, a firm’s marketing department can use DevOps tools to automate campaigns and analyze their performance for better results, and a firm’s finance department can use the tool to enhance its reports as well as ensure the right compliance on the market. It also holds the key for DevOps tool sellers and advisors to grow their businesses and target multiple needs of many different functions across enterprises that are increasing their adoption of the technology.
Devops Market Segment Analysis:
Devops Market Segmented on the basis of type, Tools and Industry Vertical.
By Type, Solutions segment is expected to dominate the market during the forecast period
- Throughout the forecast period, of the DevOps products by type, the Solutions segment is expected to retain the largest market share. Included in this segment are various DevOps tools and platforms that are used to help carry out the different DevOps processes like CI/CD, automation of infrastructure, managing configurations and containerization. The recently observed trends in cloud computing and microservices have created a need for DevOps solutions that enable the improvement of development processes, facilitate communication between the teams, and provide automation of the deploying processes. It has now become the norm for different sectors’ organizations to spend on DevOps solutions with an aim of enhancing software delivery, project reliability and enhanced operation. As the nature of DevOps is constantly shifting and as the area expands within IT companies, the Solutions segment will also grow as vendors adapt to the new requirements in software creation and IT management.
By Tools, Development Tools segment expected to held the largest share
- In the context of the DevOps market, the growth that the segment of development tools is expected to achieve will be significantly high, primarily because of how it aids organizations in the management of the SDLC. These tools comprise various technologies and applications that enable coding, testing, versioning, and sharing among the development teams. These are IDEs, Version control systems such asGit, CI/CD solutions, and Code review tools. The trends that are characteristic for faster time-to-market, better quality and effective collaboration with remote teams have a positive impact on the usage of these development tools.
- Further, this is true as institutions and companies adapt to flexibility and the agile methodologies and modularity through cloud-native technologies, then it gets even worse regarding the importance of reliable and extensible development kits. This segment proves to be rather crucial in becoming a key instrument for promoting modern approaches to the software development and increasing general performance and competitiveness of organisations relying on DevOps.
Devops Market Regional Insights:
Asia Pacific is Expected to Dominate the Market Over the Forecast period
- Looking at the forecasts for the upcoming years, it can be stated that Asia Pacific region will lead the global DevOps market. The essence of this particular region is witnessing a steeper rise in the overall adoption of the DT programs due to the stepped up speed that is being presented by the cloud computing as well as the up gradation taking place in the IT structures. Currently, India, China, Japan and South Korea are the fastest growing IT markets fueled by extending internet use, emergence of new startups and growing investments in IT.
- Furthermore, there is a trend towards more agile methods and the continuous delivery of software, which is also driving DevOps in Asian Pacific countries in enterprises. Booming with young, tech-savvy generation workers and high concern for innovation, the Asia Pacific region is expected to take up the DevOps market in the future with great potential for business and technology vendors in the next few years.
Active Key Players in the Devops Market
- Amazon Web Services (AWS) (USA)
- Atlassian (Australia)
- Chef (USA)
- Cisco Systems (USA)
- Docker (USA)
- GitLab (USA)
- Google Cloud Platform (GCP) (USA)
- HashiCorp (USA)
- IBM (USA)
- Jenkins (USA)
- Microsoft (USA)
- New Relic (USA)
- Puppet (USA)
- Red Hat (USA)
- Splunk (USA)
- Other key Players
Key Industry Developments in the Devops Market:
- May 2024, In order to facilitate DevOps teams' proactive detection and resolution of security vulnerabilities, summarize issue discussions and merge requests, eliminate bottlenecks, and improve team collaboration, GitLab Duo has introduced an enterprise edition of its artificial intelligence (AI) add-on for its CI/CD platform.
- April 2024, Copado, the AI-powered DevOps and testing provider for enterprise SaaS, has introduced Test Copilot, an AI-powered test creation assistant.
Global Devops Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 10.9 Bn. |
Forecast Period 2024-32 CAGR: |
21.1 % |
Market Size in 2032: |
USD 61.1 Bn. |
Segments Covered: |
By Type |
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By Tools |
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By Industry Verticals |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Devops Market by Type
4.1 Devops Market Snapshot and Growth Engine
4.2 Devops Market Overview
4.3 Pacemaker
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Pacemaker: Geographic Segmentation Analysis
4.4 ICD
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 ICD: Geographic Segmentation Analysis
4.5 CRT
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 CRT: Geographic Segmentation Analysis
Chapter 5: Devops Market by Application
5.1 Devops Market Snapshot and Growth Engine
5.2 Devops Market Overview
5.3 Bradycardia
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Bradycardia: Geographic Segmentation Analysis
5.4 Tachycardia
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Tachycardia: Geographic Segmentation Analysis
5.5 Heart Failure
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Heart Failure: Geographic Segmentation Analysis
5.6 Others
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Others: Geographic Segmentation Analysis
Chapter 6: Company Profiles and Competitive Analysis
6.1 Competitive Landscape
6.1.1 Competitive Benchmarking
6.1.2 Devops Market Share by Manufacturer (2023)
6.1.3 Industry BCG Matrix
6.1.4 Heat Map Analysis
6.1.5 Mergers and Acquisitions
6.2 AMAZON WEB SERVICES (AWS)
6.2.1 Company Overview
6.2.2 Key Executives
6.2.3 Company Snapshot
6.2.4 Role of the Company in the Market
6.2.5 Sustainability and Social Responsibility
6.2.6 Operating Business Segments
6.2.7 Product Portfolio
6.2.8 Business Performance
6.2.9 Key Strategic Moves and Recent Developments
6.2.10 SWOT Analysis
6.3 ATLASSIAN
6.4 CHEF
6.5 CISCO SYSTEMS
6.6 DOCKER
6.7 GITLAB
6.8 GOOGLE CLOUD PLATFORM (GCP)
6.9 HASHICORP
6.10 IBM
6.11 JENKINS
6.12 MICROSOFT
6.13 NEW RELIC
6.14 PUPPET
6.15 RED HAT
6.16 SPLUNK
6.17 OTHER KEY PLAYERS
Chapter 7: Global Devops Market By Region
7.1 Overview
7.2. North America Devops Market
7.2.1 Key Market Trends, Growth Factors and Opportunities
7.2.2 Top Key Companies
7.2.3 Historic and Forecasted Market Size by Segments
7.2.4 Historic and Forecasted Market Size By Type
7.2.4.1 Pacemaker
7.2.4.2 ICD
7.2.4.3 CRT
7.2.5 Historic and Forecasted Market Size By Application
7.2.5.1 Bradycardia
7.2.5.2 Tachycardia
7.2.5.3 Heart Failure
7.2.5.4 Others
7.2.6 Historic and Forecast Market Size by Country
7.2.6.1 US
7.2.6.2 Canada
7.2.6.3 Mexico
7.3. Eastern Europe Devops Market
7.3.1 Key Market Trends, Growth Factors and Opportunities
7.3.2 Top Key Companies
7.3.3 Historic and Forecasted Market Size by Segments
7.3.4 Historic and Forecasted Market Size By Type
7.3.4.1 Pacemaker
7.3.4.2 ICD
7.3.4.3 CRT
7.3.5 Historic and Forecasted Market Size By Application
7.3.5.1 Bradycardia
7.3.5.2 Tachycardia
7.3.5.3 Heart Failure
7.3.5.4 Others
7.3.6 Historic and Forecast Market Size by Country
7.3.6.1 Bulgaria
7.3.6.2 The Czech Republic
7.3.6.3 Hungary
7.3.6.4 Poland
7.3.6.5 Romania
7.3.6.6 Rest of Eastern Europe
7.4. Western Europe Devops Market
7.4.1 Key Market Trends, Growth Factors and Opportunities
7.4.2 Top Key Companies
7.4.3 Historic and Forecasted Market Size by Segments
7.4.4 Historic and Forecasted Market Size By Type
7.4.4.1 Pacemaker
7.4.4.2 ICD
7.4.4.3 CRT
7.4.5 Historic and Forecasted Market Size By Application
7.4.5.1 Bradycardia
7.4.5.2 Tachycardia
7.4.5.3 Heart Failure
7.4.5.4 Others
7.4.6 Historic and Forecast Market Size by Country
7.4.6.1 Germany
7.4.6.2 UK
7.4.6.3 France
7.4.6.4 Netherlands
7.4.6.5 Italy
7.4.6.6 Russia
7.4.6.7 Spain
7.4.6.8 Rest of Western Europe
7.5. Asia Pacific Devops Market
7.5.1 Key Market Trends, Growth Factors and Opportunities
7.5.2 Top Key Companies
7.5.3 Historic and Forecasted Market Size by Segments
7.5.4 Historic and Forecasted Market Size By Type
7.5.4.1 Pacemaker
7.5.4.2 ICD
7.5.4.3 CRT
7.5.5 Historic and Forecasted Market Size By Application
7.5.5.1 Bradycardia
7.5.5.2 Tachycardia
7.5.5.3 Heart Failure
7.5.5.4 Others
7.5.6 Historic and Forecast Market Size by Country
7.5.6.1 China
7.5.6.2 India
7.5.6.3 Japan
7.5.6.4 South Korea
7.5.6.5 Malaysia
7.5.6.6 Thailand
7.5.6.7 Vietnam
7.5.6.8 The Philippines
7.5.6.9 Australia
7.5.6.10 New Zealand
7.5.6.11 Rest of APAC
7.6. Middle East & Africa Devops Market
7.6.1 Key Market Trends, Growth Factors and Opportunities
7.6.2 Top Key Companies
7.6.3 Historic and Forecasted Market Size by Segments
7.6.4 Historic and Forecasted Market Size By Type
7.6.4.1 Pacemaker
7.6.4.2 ICD
7.6.4.3 CRT
7.6.5 Historic and Forecasted Market Size By Application
7.6.5.1 Bradycardia
7.6.5.2 Tachycardia
7.6.5.3 Heart Failure
7.6.5.4 Others
7.6.6 Historic and Forecast Market Size by Country
7.6.6.1 Turkey
7.6.6.2 Bahrain
7.6.6.3 Kuwait
7.6.6.4 Saudi Arabia
7.6.6.5 Qatar
7.6.6.6 UAE
7.6.6.7 Israel
7.6.6.8 South Africa
7.7. South America Devops Market
7.7.1 Key Market Trends, Growth Factors and Opportunities
7.7.2 Top Key Companies
7.7.3 Historic and Forecasted Market Size by Segments
7.7.4 Historic and Forecasted Market Size By Type
7.7.4.1 Pacemaker
7.7.4.2 ICD
7.7.4.3 CRT
7.7.5 Historic and Forecasted Market Size By Application
7.7.5.1 Bradycardia
7.7.5.2 Tachycardia
7.7.5.3 Heart Failure
7.7.5.4 Others
7.7.6 Historic and Forecast Market Size by Country
7.7.6.1 Brazil
7.7.6.2 Argentina
7.7.6.3 Rest of SA
Chapter 8 Analyst Viewpoint and Conclusion
8.1 Recommendations and Concluding Analysis
8.2 Potential Market Strategies
Chapter 9 Research Methodology
9.1 Research Process
9.2 Primary Research
9.3 Secondary Research
Global Devops Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 10.9 Bn. |
Forecast Period 2024-32 CAGR: |
21.1 % |
Market Size in 2032: |
USD 61.1 Bn. |
Segments Covered: |
By Type |
|
|
By Tools |
|
||
By Industry Verticals |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
Frequently Asked Questions :
The forecast period in the Devops Market research report is 2024-2032.
Amazon Web Services (AWS) (USA), Atlassian (Australia), Chef (USA), Cisco Systems (USA) and Other Major Players.
The Devops Market is segmented into Type, Tools, Industry Vertical and region. By Type, the market is categorized into Solutions, Services. By Tools, the market is categorized into Development Tools, Testing Tools, Operation Tools. By Industry Vertical, the market is categorized into Telecommunications and Information Technology Enabled Services (ITES), Banking, Financial Services, and Insurance (BFSI), Retail, Manufacturing, Healthcare, Government and Public Sector, Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
The DevOps market encompasses all the practices, tools, as well as the cultural philosophies that connect the software development (Dev) and the IT operation (Ops). It is to enable the codification, creation, development, testing, and implementation and other management tasks of software solutions and support structures. DevOps is the well-organized practice and culture of combining and improving the cooperation between software developers and other related IT specialists through the integration of tools, throughout the development process for regularly releasing high-quality yet reliable software. Hence, the DevOps market consists of CI/CD, infrastructure as code, containers, orchestration tools, and cloud providers. DevOps, thus, helps organizations to be more contemporary, adaptable, and effective in responding to customers’ needs which, in turn, allows organizations to be quicker in delivering new features and innovations and boost their overall business competitiveness for businesses that primarily operate digitally.
Devops Market Size Was Valued at USD 10.9 Billion in 2023, and is Projected to Reach USD 61.1 Billion by 2032, Growing at a CAGR of 21.1% From 2024-2032.