The latest report by IMARC Group, titled “DevOps Market: Global Industry Trends, Share, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the global DevOps Market Trend 2022. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global DevOps market reached a value of US$ 7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 26 Billion by 2027, exhibiting a CAGR of 24.6% during 2022-2027.
DevOps refers to a set of practices that combines software development and operations. It connects the development, technical operations, and quality assurance personnel and provides individuals with clear roles and well-defined inputs and outputs. It also aids in increasing an organization’s speed to deliver applications and serving their customers with enhanced services. DevOps solutions also enable an enterprise to introduce new features, reduce the risk of errors, and break complex code bases into smaller and manageable portions. Owing to these properties, they are extensively utilized for application management, software development and testing, continuous delivery, and product innovation.
Global DevOps Market Trends:
Nowadays, various organizations and industries are shifting toward automated software deployment, which is more accurate, practical, and involves low maintenance costs as compared to manual procedures. This represents one of the major growth-inducing factor. Besides this, the rising integration of advanced technologies, such as artificial intelligence (AI) and machine learning (ML), with various industrial processes is also contributing to market growth. Moreover, businesses are adopting agile frameworks and cloud technologies to automate several processes. This, coupled with the emergence of advanced concepts such as containerization, platform as a service (PaaS), and service virtualization, is positively influencing the market growth. Furthermore, the growing penetration of the Internet-of-Things (IoT), continual improvements in network infrastructure, and extensive research and development (R&D) activities conducted by key players are some of the other factors creating a favorable market outlook across the globe.
Global DevOps Market Market 2022-2027 Analysis and Segmentation:
Competitive Landscape with Key players:
The report has also analyzed the competitive landscape of the market with some of the top DevOps companies being:
- CA Technologies
- Cisco Systems
- Amazon Web Services
- Cigniti Technologies
- Hewlett Packard Enterprise Company
- EMC Corporation
- Micro Focus
- Red Hat
- Chef Software
- Docker Inc.
Also Read Full Blog: Top DevOps Companies Worldwide
Market Breakup by Type:
Breakup by Deployment Model:
- Public Cloud
- Private Cloud
- Hybrid Cloud
Breakup by Organization Size:
- Large Enterprises
- Medium-Sized Enterprises
- Small-Sized Enterprises
Market Breakup by Tools:
- Development Tools
- Testing Tools
- Operation Tools
Breakup by Industry Vertical:
- Telecommunications and Information Technology Enabled Services (ITES)
- Banking, Financial Services, and Insurance (BFSI)
- Government and Public Sector
Market Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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