DevOps Market Size is Projected to Reach USD 25.4 Billion at a CAGR of 25.30% by 2030 – Report by Market Research Future (MRFR)
Research Reports
Oct 12, 2022
Things you must know about DevOps Market
The global DevOps Market is expected to register approximately US$ 25.4 Billion by 2030 and is estimated to acquire a 25.30% CAGR between the forecast period of 2022 to 2030. DevOps is a cross-functional mode in the development of software. It usually operates through the collaboration of information technology operations and software development.
This development process ensures the deliverance of features, updates, and fixes in alignment with organizational objectives. Many organizations are adopting DevOps strategies like continuous delivery and continuous integration to automate their software release process through deployment.
Drivers of the DevOps Market
The global DevOps Market growth is driving due to several reasons that include.
- Usefulness for containerization and service virtualization
- Rising requirements for fast application delivery
- Rising focus on reducing OPEX and CAPEX
Apart from these, the lower costs, agility, flexibility, and fast application delivery is predicted to drive the global market growth during the forecast period.
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The global DevOps Market is supported by various key market players contributing to the industry by using their effective ideas and strategies. These key players are;
- Atlassian (Australia)
- Micro Focus (the U.K.)
- GitLab (the U.S.)
- Cigniti (India)
- TO THE NEW (India)
- RapidValue (the U.S.)
- CollabNet (the U.S.)
- XebiaLabs (the U.S.)
- CFEngine (the U.S.)
- Electric Cloud (the U.S.)
- Rackspace (the U.S.)
- HashiCorp (the U.S.)
- Clarive (Spain)
- OpenMake Software (the U.S.)
- Perforce (the U.S.)
DevOps Market Report Scope:
| Parameter | Details |
| Revenue Forecast in 2030: | USD 25.4 Billion |
| Growth Rate: | CAGR of 25.30% from 2022 to 2030 |
| Forecast Period: | 2022 -2030 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Market Segmentation
According to the global DevOps Market report, this market has been classified based on solution, organization size, deployment, and industry verticals.
Solution Segment:
Based on the solution segment, the global market for DevOps has been segregated into:
- Testing & development
- Lifecycle management
- Monitoring and performance management
- Delivery & operations management
- Analytics
Organization Size Segment:
In terms of organizational size, the global market for DevOps has been categorized into:
- Large Enterprise
- Small and Medium-sized Enterprises (SMEs)
Deployment Segment:
On the basis of deployment segment, the global market for DevOps has been classified into:
- Cloud (Public cloud, Hybrid cloud, and Private cloud)
- On-premise
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Industry Verticals Segment:
Based on the vertical segment, the global DevOps Market has been segregated into:
- BSFI
- Media and entertainment
- Retail
- Government and public sector
- ITES
- Energy and utilities
- Manufacturing
- Travel and hospitality
- Healthcare
- Transportation and logistics
- Education
Among these, the Information and Telecommunication Technology Enabled Services segment is predicted to dominate the global market for DevOps during the review period because of the digital transformation of physical businesses.
Regional Analysis:
Regionally, the DevOps Market has spread across regions such as North America, Asia-Pacific, Europe, and the rest of the world.
The Asia Pacific market is anticipated to generate the highest CAGR during the predicted year due to the presence of prominent market players such as TO THE NEW, Cigniti, etc., in countries like India.
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About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
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