Source code management (SCM) is the practice of tracking and controlling changes to source code. It enables developers to collaborate on the same codebase without overwriting each other's changes. Source code management tools are used to store, track, and version code changes, as well as to facilitate developer collaboration. SCM software enables developers to track and manage code changes over time, allowing them to easily revert to previous versions if necessary. It promotes developer collaboration by allowing them to work on the same codebase at the same time and merge their changes. Furthermore, SCM tools provide a clear and transparent record of code changes, which can be useful for understanding a codebase's history and evolution. Git, Subversion, and Mercurial are examples of popular SCM tools.

Source Code Management (SCM) Software Market Report Statistics

• Global source code management software market revenue is estimated to reach USD 1,289.4 Million by 2030 with a CAGR of 8.7% from 2022 to 2030
• North America source code management software market value gathered more than USD 201.7 million in 2021
• Asia-Pacific source code management software market growth will record a CAGR of more than 9% from 2022 to 2030
• Among deployment model, cloud-based sub-segment collected revenue of around US$ 336.2 million in 2021
• Based on the enterprise size, the SMEs sub-segment achieved 56% shares in 2021
• The rising integration of SCM with other tools is a popular source code management software market trend that drives the industry demand

Global Source Code Management Software Market Dynamics

Market Drivers

• Growing adoption of agile development technologies
• Rising integration of SCM tools with other tools
• Increasing collaboration and code review

Market Restraints

• Complexity of the process
• High cost and security concerns

Market Opportunities

• Growing popularity of cloud-based SCM tools
• Increasing application of open-source SCM tools

Source Code Management Software Market Report Coverage

Source Code Management Software Market Growth Factors

Increasing collaboration is a key trend driving the value of the global source code management software market. The need for SCM tools to facilitate collaboration and track code changes grows as software development becomes more collaborative, with teams of developers working on the same codebase. Another trend that is increasing the market share of source code management is agile development. Agile development methodologies, which emphasize rapid iteration and frequent code changes, fuel the demand for SCM tools. Furthermore, the rising demand for cloud-based development has aided SCM software market expansion. The proliferation of cloud-based development tools and platforms has made it easier for developers to access code archives and collaborate on code remotely, contributing to the growth of SCM tools.

Source code management tools and platforms, on the other hand, can be costly, especially for small businesses or individuals. For some users, this may be a barrier to adoption. The market is also limited by the complexity of the source code management software. For instance, some source code management tools and platforms can be complicated to use, particularly for inexperienced developers. Furthermore, integrating source code management platforms and applications with other software and systems can be difficult, creating a barrier to adoption.

Source Code Management Software Market Segmentation

The worldwide source code management software market is categorized based on deployment model, enterprise size, and geography.

Source Code Management Software Market By Deployment Model

• On-Premise
• Cloud-Based

In 2021, the cloud-based sub-segment dominated in terms of deployment model. Cloud-based SCM tools are accessible from any device with an internet connection, allowing developers to collaborate and work on code from anywhere. Cloud-based SCM tools do not require local installation, which is especially beneficial for teams with developers who work on a variety of operating systems. Furthermore, many cloud-based SCM tools include collaboration as well as code review features, which can improve code quality and make it easier for developers to collaborate. Furthermore, cloud-based SCM tools can easily scale to meet the needs of large, distributed teams, as well as easily adjust to changing workloads.

Source Code Management Software Market By Enterprise Size

• Large Enterprises
• SMEs

According to the source code management market forecast, the large enterprises sub-segment is expected to account for a sizable market share between 2022 and 2030. The growing number of applications, the increasing number of code complexities, and the growing need for better quality solutions and a seamless development process are some of the factors driving the large enterprise segment. However, the SME sub-segment is expected to grow at the fastest rate in the coming years. The segment's rapid growth can be attributed to the growing number of SMEs and the global trend of start-up culture.

Source Code Management Software Market Regional Outlook

North America

• U.S.
• Canada

Europe

• U.K.
• Germany
• France
• Spain
• Rest of Europe

Asia-Pacific

• India
• Japan
• China
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

The Middle East & Africa

• South Africa
• GCC Countries
• Rest of the Middle East & Africa (ME&A)

Source Code Management Software Market Regional Analysis

North America generated the most revenue among all regions in 2021 and is expected to continue to do so in the years ahead, from 2022 to 2030. The North American SCM software market is highly competitive, with a mix of large and small players. The presence of many major technology companies in the region drives demand for SCM tools. Furthermore, the European SCM software market is competitive, with a mix of regional and international players. The region has a strong open-source software development tradition, which has contributed to the prominence of open-source SCM tools like Git. The Asia-Pacific region, on the other hand, is expected to grow at the fastest rate in the coming years, from 2022 to 2030.

Source Code Management Software Market Players

Some of the leading source code management software companies include Apache, Broadcom, Codacy, Dynamsoft, FundView, Git, IBM, Mercurial, Microsoft, and SourceGear.