DevOps Market Size, Share, Analysis Report By Component (Solutions, Services), By Deployment (On-premise, Cloud), By Enterprise Size (Large Enterprises, Small & Medium Enterprises), By Application (IT, Telecom, BFSI, Retail, Others), And Region Forecast, 2022 - 2030

The Global DevOps Market size accounted for USD 7,398 Mn in 2021 and is expected to reach USD 37,227 Mn by 2030 with a considerable CAGR of 20% during the forecast timeframe of 2022 to 2030.

Development to Operations (DevOps) is a combination of cultural concepts, processes, and technologies that improve an organization's capacity to provide high-velocity services and applications, upgrading and improving new technologies at a faster speed than traditional software development and infrastructure management methodologies. This feature enables businesses to provide better service to their customers and compete in the global market. DevOps is the intersection of IT Development and IT Operations, emphasizing the need for the two departments to work closely together to achieve comparable goals. Increased cloud computing adoption, breakthroughs in machine learning, continuous integration development, and software standardization are expected to propel the DevOps market forward.

Drivers

·         Rising need for minimizing the software development cycle and accelerating delivery

·         Expanding market for streamlining cooperation between IT and operation teams

·         Enterprises are increasingly focusing on reducing IT capital expenditure

·         The rapid adoption of microservices and service virtualization

Restraints

·         Limitation of standardized DevOps tools and solutions

·         Difficulties in deploying the DevOps methods

Opportunity

·         Increasing adoption of automated processes in developing software

·         The continuous transition to a hybrid cloud and increased operational efficiency

Report Coverage

Development to Operations (DevOps) Market Dynamics

Various sectors of the economy, ranging from retailing to entertainment to finance, are shifting toward the deployment of automation tools, which are more precise, cost-effective, and require less maintenance than traditional ways. In addition, emerging technologies such as Artificial Intelligence (AI) and Deep Learning (DL) are increasing the DevOps market size. Machine learning and artificial intelligence evaluate huge amounts of data and help with menial tasks, allowing IT experts to focus on more specific roles and discovering patterns, anticipating issues, and recommending solutions. Furthermore, the rising adoptions of agile techniques and cloud-based services, as well as corporate modernization to automate business activities, are significant factors driving global DevOps market revenue. Furthermore, as the Internet of Things (IoT) has increased in popularity, DevOps has gained favor due to the infrastructure and integrated applications running on it being interdependent.

Aside from that, DevOps faces several challenges in the implementation such as a lack of common categorization, a lack of a coherent framework of development and operations acceptability, and the need for customization for each deployment.

DevOps Market Segmentation

The global DevOps market segmentation is based on the component, deployment, Enterprise Size, Application and geography

Market by Component

Solutions

·         Management DevOps

o   Continuous Business Planning

o   Testing and Development

o   DevOps Analytics

·         Operations DevOps

o   Continuous Deployment

o   Monitoring & Performance Management

·         Delivery DevOps

o   Continuous Integration

o   Software Delivery Management

Services

·         Professional Services

·         Managed Services

Based on the components, the solution segment accounted for the biggest market share in 2021, owing to its rapid development pace, adaptability, and agility functionality. The solution category is divided into three subcategories: management DevOps, operations DevOps, and delivery DevOps. Demand for DevOps management solutions has expanded as the use of automation developing and testing tools has grown. Organizations are increasingly turning to analytics to improve software delivery workflows and gain valuable insight into automated testing data, and development and operations data analysis is gaining acceptance throughout the industry.

Market by Deployment

·         On-premise

·         Cloud

Based on deployment type, the cloud segment is likely to dominate the forecasting market. The cloud-based solution allows for the global sourcing of IT tasks in order to increase job productivity. Cloud computing is further classified into three types: private cloud, public cloud, and hybrid cloud. The public cloud offers remote access, ease of access, faster installation, and a variety of other organizational benefits such as flexibility and scalability, all of which contribute to its growing popularity. Cloud computing provides real-time, on-demand computer technology, machine learning, big data and analytics, information assurance, software development, and DevOps operations, as well as procedures. This centralized approach enables its customers to receive IT services that are agile, dynamic, and cost-effective.

Market by Enterprise Size

·         Large Enterprises

·         Small & Medium Enterprises

Based on the enterprise size, the large organization's segment is projected to hold the largest market share due to the high capital expenditure supporting the installation of DevOps systems and the increasing demand for good cooperation between computer programmers and IT departments. Cloud service providers and large IT organizations are encouraged to raise more in the development of operational processes and work to manage the software development process as part of their overall strategy. Large organizations were the first to encourage DevOps to increase performance and efficiency, shorten time to market, streamline operations, and minimize costs associated with IT activities such as application development, implementation, and maintenance.

Market by Application

·         IT

·         Telecom

·         BFSI

·         Retail

·         Others

Based on application, the IT segment is predicted to grow at the fastest rate in the market over the next few years. The IT industry faces a number of challenges, including release timelines, quality control, and application downtime. DevOps technology and solutions are intended to boost company efficiency while also adapting to changing business requirements. As a result, they can successfully solve the challenges confronting the IT industry. In particular, the IT sector is adopting DevOps technology to automate application development, testing, and operations processes, thereby improving software quality, reducing delivery time, and improving user experience.

DevOps Market Regional Overview

North America

·         U.S.

·         Canada

Europe

·         U.K.

·         France

·         Germany

·         Spain

·         Rest of Europe

Latin America

·         Mexico

·         Brazil

·         Rest of Latin America

Asia-Pacific

·         India

·         China

·         Japan

·         Australia

·         South Korea

·         Rest of Asia-Pacific

Middle East & Africa

·         South Africa

·         GCC

·         Rest of Middle East & Africa