DevOps Market Worth USD 14,969.6 Million by 2026, at 19.1% CAGR; Increasing Demand for Client Satisfaction to Aid Growth: Fortune Business Insights™

Press Releases

Jan 31, 2020

PUNE, India, Jan. 31, 2020 /PRNewswire/ — The global Development and Operations (DevOps) Market is likely to gain momentum from the ability of the software solutions to aid in enhancing a company’s’ speed to provide improved services and applications to the consumers. Besides, they offer automation and it thereby, helps employees in doing innovative work rather than spending time on low-value tasks. This information is published in a recent study by Fortune Business Insights™, titled, “DevOps Market Size, Share & Industry Analysis, By Offering (Software, Services), By Deployment (Public Cloud, Private Cloud, and Hybrid), By Organization Size (Large Enterprises, Small and Medium Enterprises), By Industry (BFSI, Retail, Government, Manufacturing, IT & Telecommunication, Healthcare, and Others), and Regional Forecast, 2019-2026.” As per the study, the global DevOps market size is projected to reach USD 14,969.6 million by 2026, exhibiting a CAGR of 19.1% during the forecast period. Whilst, it stood at USD 3,709.1 million in 2018.

DevOps Market Analysis, Insights and Forecast, 2015-2026

This Report Answers the Following Questions:

  • What are the development to operations market trends and growth drivers?
  • How many significant key players are present in the market?
  • Which business strategies are being used by the industry giants to gain success?
  • What are the most niche areas present in the market?
  • What are the crucial opportunities and challenges in the market?

To gain more insights into the market with detailed table of content and figures, click here: https://www.fortunebusinessinsights.com/devops-market-102040

High Demand for Operational Flexibility to Propel Growth

DevOps tools are aiding in strengthening the development process in an organization and are decreasing the chances of making errors. Hence, they are gaining more and more popularity, especially in the IT sector. These tools also support stability and security of the software deployment process. According to one of our lead analysts, “Containerization and platform-as-a-service are some of the current market trends that are accelerating the DevOps market growth. These services are simplifying the implementation and adoption of DevOps in various industries.” Apart from these, there is an increasing demand for the penetration of Internet of Things (IoT), client satisfaction, and high operational flexibility in the industry. These factors would also boost growth.

Increasing Number of SMEs to Favor Growth in Asia Pacific

In terms of geography, the market is fragmented into Latin America, the Middle East and Africa, Europe, Asia Pacific, and North America. Out of these, North America acquired USD 1,829.4 million DevOps software market revenue in 2018. This growth is attributable to the rising adoption of DevOps solutions in the BFSI, retail, and IT & telecommunication industries. Europe would also showcase a healthy growth because of the increasing deployment of these software solutions in several banks. It has resulted in around 25% efficiency enhancement in internet banking by cutting off the workload of the IT operation teams.

Asia Pacific, on the other hand, is set to exhibit the highest CAGR in the coming years owing to the up surging demand for automated software in countries, namely, China, Japan, and Singapore. Additionally, the number of small and medium enterprises (SMEs) is increasing day by day in these countries. It is, in turn, causing a high demand for DevOps tools to agile and streamline the business operations.

Request a Sample Copy: https://www.fortunebusinessinsights.com/enquiry/sample/devops-market-102040

CollabNet Teams Up with XebiaLabs while IBM Corporation Joins Hand with DBmaestro to Launch New Platforms

Key companies present in the market are following the strategy of partnerships to create new DevOps platforms in order to increase their product portfolio and gain more popularity. They are also striving persistently to gain the maximum DevOps market share during the forthcoming years. Below are two of the key industry developments:

  • January 2020: CollabNet VersionOne, a software firm headquartered in Georgia, teamed up with XebiaLabs, an independent software company based in Burlington, to create new DevOps platform for the companies. As per the company officials, this collaboration would help the companies in offering their consumer bases with end-to-end management capabilities and visibility required to develop software solutions securely, reliably, and quickly. It would further aid the companies in speeding up their digital transformation.
  • July 2019: IBM Corporation, a multinational information technology company based in New York, announced its partnership with DBmaestro, a computer software service company headquartered in Massachusetts. This partnership would help the companies in providing database release automation capabilities specially designed to smoothen DevOps environments for companies. 

Fortune Business Insights™ lists out some of the most prominent companies operating in the DevOps market. They are as follows:

  • Cigniti Technologies
  • Amazon Web Services, Inc.
  • CA Technologies
  • Microsoft Corporation
  • Atlassian Corporation Plc.
  • Red Hat, Inc.
  • GitLab
  • Oracle Corporation
  • Google LLC
  • RapidValue
  • IBM Corporation
  • Puppet
  • Other key market players

Have Any Query? Ask Our Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/devops-market-102040

Table of Content:

  • Introduction
    • Definition, By Segment
    • Research Approach
    • Sources 
  • Executive Summary
  • Market Dynamics
    • Drivers, Restraints and Opportunities
    • Emerging Trends
  • Key Insights
    • Macro and Micro Economic Indicators
    • Consolidated SWOT Analysis of Key Players
    • Porter’s Five Forces Analysis
  • Global DevOps Market Analysis, Insights and Forecast, 2015-2026
  • Key Findings / Summary
  • Market Size Estimates and Forecasts
    • By Offering (Value)
      • Software
      • Services
    • By Deployment (Value)
      • Public Cloud
      • Private Cloud
      • Hybrid Cloud
    • By Organization Size (Value)
      • Large Enterprises
      • Small and Medium Enterprises
    • By Industry (Value)
      • BFSI
      • Retail
      • Government
      • Manufacturing
      • IT & Telecommunication
      • Healthcare
      • Others
    • By Geography (Value)
      • North America
      • Europe
      • Asia Pacific
      • Middle East and Africa
      • Latin America

Request for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/devops-market-102040 

(Have a Look at Reports Trending in Information & Technology Industry)

Browse Related Reports:

Cyber Security Market Size, Share & Industry Analysis, By Component (Solutions, Services), By Deployment (On-Premises, Cloud), By Organization Size (SMEs, Large Enterprises), By End-User (BFSI, IT and Telecommunications, Retail, Healthcare, Government, Manufacturing, Travel and Transportation, Energy and Utilities and Others) and Regional Forecast, 2019 – 2026

Mobile Payment Market Size, Share & Industry Analysis, By Payment Type (Proximity Payment, Remote Payment), By Industry (Media & Entertainment, Retail, BFSI, Automotive, Medical & Healthcare, Transportation, Consumer Electronics, Others), and Regional Forecast, 2019-2026

Internet of Things (IoT) Market Size, Share and Industry Analysis By Platform (Device Management, Application Management, Network Management), By Software & Services (Software Solution, Services), By End-Use Industry (BFSI, Retail, Governments, Healthcare, Others) And Regional Forecast, 2019 – 2026

Artificial Intelligence (AI) Market Size, Share and Global Trend by Component (Hardware, Software, Services), By Technology (Computer Vision, Machine Learning, Natural Language Processing, Others), By Industry Vertical (BFSI, Healthcare, Manufacturing, Retail, IT & Telecom, Government, Others) and Geography Forecast till 2026

Endpoint Security Market Size, Share and Global Trend By Component (Software, Services), By Deployment (On-Premise, Cloud), By Enterprise Size (Large Enterprises, Small & Medium Enterprises), By End-Use Industry (BFSI, Telecom & IT, Retail, Healthcare, Government & Public Sector, Transportation, and Others) and Geography Forecast, 2019-2026

Fraud Detection and Prevention Market Size, Share and Industry Analysis By Component (Solutions, Services), By Application area (Insurance Claims, Services, Money Laundering), By Deployment (Cloud & On-premise), By Organization Size (Large, Small & Medium Enterprises), By Vertical (BFSI, IT and Telecommunication, Government,Travel and Transportation, Manufacturing, Healthcare and Life Sciences) and Geography Forecast, 2019 – 2026

Team Collaboration Software Market Size, Share & Industry Analysis, By Component (Solutions, Services), By Solutions Type (Conferencing, Communications, Task Management, File sharing & Synchronization, Enterprise Social network), By Deployment Type (On-premise, Cloud), By Organization Size (SMEs, Large Enterprises), By End-User (BFSI, IT & Telecommunications, Manufacturing, Retail & Consumer Goods, Healthcare, & Others) and Regional Forecast,2019-2026

Natural Language Processing (NLP) Market Size, Share & Industry Analysis, By Deployment (On-Premises, Cloud, and Hybrid), By Technology (Interactive Voice Response (IVR), Text Analytics, Speech Analytics, Pattern and Image Recognition, and Others), By Industry Vertical (Healthcare, Retail, BFSI, Automotive & Transportation, Advertising & Media, Manufacturing, and Others) and Regional Forecast, 2019-2026

3D Printing Market Size, Share & Industry Analysis, By Component (Hardware, Software, and Services), By Technology (Fused Deposition Modeling, Selective Laser Sintering, Stereolithography, Direct Metal Laser Sintering, PolyJet, Multi Jet Fusion (MJF), Others) By Applications (Prototyping, Production, Proof of Concept, and Others), By End-Use (Automotive, Aerospace and Defense, Healthcare, Others) and Regional Forecast, 2019-2026

Enterprise Governance, Risk and Compliance (eGRC) Market Size, Share & Industry Analysis, By Component (Software, Services), By Deployment (On-Premises, Cloud), By Organization Size (SMEs, Large Enterprises), By End-User (BFSI, Healthcare, Government, Energy & Utilities, Manufacturing, Retail & Consumer Goods, Telecom & IT and Others) and Regional Forecast, 2019 – 2026

About us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune – 411045, Maharashtra, India.
Phone:
US: +1-424-253-0390
UK: +44-2071-939123
APAC: +91-744-740-1245
Email: sales@fortunebusinessinsights.com 
Fortune Business Insights™ 
LinkedIn | Twitter | Blogs

Press Release- https://www.fortunebusinessinsights.com/press-release/devops-market-9546

 

Fortune Business Insights Logo (PRNewsfoto/Fortune Business Insights)

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/devops-market-worth-usd-14-969-6-million-by-2026–at-19-1-cagr-increasing-demand-for-client-satisfaction-to-aid-growth-fortune-business-insights-300996776.html

SOURCE Fortune Business Insights

YOU MAY ALSO LIKE

Despite Concerns About Risk, 1-in-4 Business Executives…

PUNE, India, Jan. 31, 2020 /PRNewswire/ -- The global Development and Operations (DevOps) Market is likely to gain momentum from the ability of the software…

read more

Global Survey Reveals 90% of IT Leaders…

PUNE, India, Jan. 31, 2020 /PRNewswire/ -- The global Development and Operations (DevOps) Market is likely to gain momentum from the ability of the software…

read more

Global Hybrid Memory Cube and High-Bandwidth Memory…

PUNE, India, Jan. 31, 2020 /PRNewswire/ -- The global Development and Operations (DevOps) Market is likely to gain momentum from the ability of the software…

read more