DevOps market size expected to reach USD 37,227 million

TOKYO, June 22, 2022 (GLOBE NEWSWIRE) — The Global DevOps market The size accounted for USD 7,398 million in 2021 and is expected to reach USD 37,227 million by 2030 with a considerable CAGR of 20% during the forecast period of 2022 to 2030.

DevOps (from development to operations) will be essential in the years to come as it is an approach to developing and operating applications that enables new products to be introduced faster and delivered more easily. DevOps is a business approach that enables faster software development and relatively simple upgrades to existing deployments. DevOps promotes faster, more predictable releases by helping organizations strengthen the ties between development, operations, and other stakeholders within the organization through the application of best practices, standardization, and new techniques . DevOps is not a solution on its own, but it includes almost everything from management structure to operations and tools. Typical early system phases include continuous integration and continuous deployment (CI/CD), incident response systems, real-time monitoring, and collaboration platforms.

DevOps quickly caught the attention of the IT industry for all the expected reasons. In today’s fast-paced and ever-changing workplace, fast delivery and faster turnaround times in application development have become essential to growing a business. As a result, the ability to produce large amounts of data with minimal post-production flaws led to the birth of DevOps. DevOps, as a working technique or culture, is implemented by combining interaction, integration, continuous deployment, automation, testing and monitoring. Moreover, DevOps beats the conventional model in the context of rapid problem detection and resolution. As vulnerabilities are regularly tested automatically, the team has more time to discuss new ideas.

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Report cover:

Market DevOps market
Market size 2021 US$7,398 million
Market Forecast 2030 US$37,227 million
CAGR 20% from 2022 to 2030
Analysis period 2018 – 2030
base year 2021
Forecast data 2022 – 2030
Segments Covered By component, by deployment, by company size, by application and by geography
Regional scope North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Profiled Key Companies Amazon Web Services, Inc., Eggplant Limited, CA Technologies (Broadcom), Google, LLC (Alphabet), Dell Technologies, Atlassian Corporation Plc., Cisco Systems, Inc., GitLab, Inc., Microsoft Corporation, Micro Focus International plc, IBM Corporation and Oracle Corporation.
Report cover Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulatory Analysis
Scope of customization 10 a.m. free customization and expert advice

Growth aspects of the global DevOps market

Growing use of cloud technology, advancements in machine learning, rapid application delivery, and application management are expected to drive the DevOps market forward. Although the COVID-19 outbreak has impacted some companies, the global DevOps market has grown significantly throughout the period. This has been attributed to an increase in demand for internet web applications and applications as companies seek to capitalize on the increased online presence of their customers. It has increased the number of information technology (IT) companies to produce software solutions allowing cross-functional organizations to be more flexible and enabling increased operational efficiency throughout the outbreak.

Furthermore, the growing need for modern technologies to improve the functioning of businesses, along with the growing need for organizational improvement of businesses, is expected to fuel the growth of the market. Developing operations helps increase the performance and strength of applications over time, and better collaboration between IT divisions makes the business more productive and adaptable.

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Growing demand for innovative technologies to improve business operations is one of the major factors driving the growth of the global DevOps market

DevOps technologies are crucial platforms for all types of businesses that want to be competent, efficient, and adaptable to rapidly changing market demands. By removing barriers, this technology will play an important role in the process, helping customers and stakeholders to work and communicate between IT administration, development and business. As a result, increased adoption of DevOps platforms for process automation tools by organizations is expected to fuel the market growth over the forecast period. Furthermore, the growing need for fast and reliable application propulsion systems is likely to drive the expansion of the market in the anticipated time frame. This expected increase is due to the ability of DevOps technologies to investigate and assess inefficiencies across the application, discover and optimize flaws, and provide rapid upgrade and remediation. These reasons are expected to fuel the growth of the DevOps market in the coming years.

DevOps Market Regional Overview

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa are the regional classification of the global development to operations (DevOps) market. Asia-Pacific is expected to grow at the fastest CAGR over the estimated period due to growing demand for process automation in markets such as China, Japan, India, and Taiwan. The region’s DevOps activity is increasing in response to the growing requirement for absolute security, whether managing physical, virtual or cloud systems. Furthermore, the region’s development can be attributed to greater use of internet-connected mobile devices, an emphasis on digitalization, and a growing trend towards increased organizational efficiency. Furthermore, increasing adoption of software automation technologies in Singapore and India to provide proper software integration in services and financial industries has supported the growth of the market.

Segmentation of the DevOps market

The global development to operations (DevOps) market has been segmented by Acumen Research and Consulting on the basis of component, deployment, enterprise size, and application. On the basis of component, the market is divided into solutions and services. Based on deployment, the market has divided into on-premises and cloud-based. Based on enterprise size, the market is categorized into large enterprises and small and medium enterprises. Based on application, the market is categorized into IT, Telecom, BFSI, Retail, and Others.

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DevOps Market Players

Some Key Players Covered Globally in Development to Operations (DevOps) Industry are Amazon Web Services, Inc., Eggplant Limited, CA Technologies (Broadcom), Google, LLC (Alphabet), Dell Technologies, Atlassian Corporation Plc ., Cisco Systems, Inc. ., GitLab, Inc., Microsoft Corporation, Micro Focus International plc, IBM Corporation and Oracle Corporation.

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About Acumen Research and Consulting:

Acumen Research and Consulting is a global provider of information and consulting services in the information technology, investment, telecommunications, manufacturing and consumer technology markets. ARC helps investment communities, IT professionals, and business executives make fact-based decisions about technology purchases and develop business growth strategies to compete in the marketplace . With a team of over 100 analysts and a collective industry experience of over 200 years, Acumen Research and Consulting ensures to provide a combination of industry knowledge with global and national level expertise.

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