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.
· 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
· Limitation of standardized DevOps tools and solutions
· Difficulties in deploying the DevOps methods
· Increasing adoption of automated processes in developing software
· The continuous transition to a hybrid cloud and increased operational efficiency
|Market Size 2021||US$ 7,398 Mn|
|Market Forecast 2030||US$ 37,227 Mn|
|CAGR||20% During 2022 - 2030|
|Analysis Period||2018 - 2030|
|Forecast Data||2022 - 2030|
|Segments Covered||By Component, By Deployment, By Enterprise Size, By Application, And By Geography
|Regional Scope||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa|
|Key Companies Profiled||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.|
||Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis|
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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
· 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
· 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
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
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
· Rest of Europe
· Rest of Latin America
· South Korea
· Rest of Asia-Pacific
Middle East & Africa
· South Africa
· Rest of Middle East & Africa
North America held the highest share of the global DevOps market in 2021, owing to increased market acceptance of software automation tools used to generate successful outcomes across the financial services to retail industries, which spurred regional market expansion. Due to the increased demand for overall security, while operating physical, virtual, or cloud systems, the region's DevOps market has been growing. The presence of technologically advanced industrialized countries such as the United States and Canada, as well as the United States’ role as a prominent innovation hub for new technologies, are leading many organizations to use DevOps technology. Furthermore, there is a high level of competition in this region, and the United States has major reference points in software and application development, which stimulates the implementation of DevOps technologies, which is expected to fuel market expansion in the coming years.
Some of the prominent players in global development to operations (DevOps) market 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.
The estimated value of global development to operations (DevOps) market in 2021 was accounted to be US$ 7,398 Mn.
The projected CAGR of development to operations (DevOps) during the analysis period of 2022 to 2030 is 20%.
The prominent players of the global development to operations (DevOps) market involve 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.
North America held the dominating share for development to operations (DevOps) during the analysis period of 2022 to 2030
Asia-Pacific region exhibited fastest growing CAGR for development to operations (DevOps) during the analysis period of 2022 to 2030
Rising need for minimizing the software development cycle and accelerating delivery, as well as expanding the market for streamlining cooperation between IT and operation teams, are the prominent factors that fuel the growth of global development to operations (DevOps) market
Based on component, solutions segment held the maximum share for development to operations (DevOps) market in 2021