USD 8 billion
Report ID:
SQMIG45A2154 |
Region:
Global |
Published Date: October, 2024
Pages:
157
|Tables:
97
|Figures:
76
Global DevOps Market size was valued at USD 10.1 billion in 2022 and is poised to grow from USD 12.10 billion in 2023 to USD 51.34 billion by 2031, growing at a CAGR of 19.8% during the forecast period (2024-2031).
Increased emphasis on cutting CAPEX and OPEX, together with the growing requirement for continuous and quick application delivery, are driving the DevOps market's expansion. Furthermore, the market's expansion is fuelled by the rise in applications operating in the dynamic IT environment. However, a strong reliance on legacy procedures is anticipated to hinder industry expansion. Furthermore, it is anticipated that the global DevOps market would grow at a profitable pace due to the high rate of acceptance among SMEs and the improvements in AI and its application development. The rapid adoption of automated business processes across a range of industry verticals is one reason that is predicted to contribute to the huge growth of the DevOps market.
Continuous and fast application delivery is becoming more and more necessary in a number of industries, including government, healthcare, manufacturing, banking, and insurance. The increasing desire for improved productivity, efficient workflows, high-quality software delivery, and cost-effective operations will drive further growth in the global DevOps industry. However, the market cannot grow due to a greater reliance on outdated practices. DevOps, which is used to indicate a coordinated connection between IT jobs and developments, is merely a combination of software development life cycle development and operation. It usually makes collaboration, integration, automation, and communication easier between the developer and the operational staff of the company.
Global Market Size
USD 8 billion
Largest Segment
jenkins
Fastest Growth
Continuous Integration/ Continuous Delivery
Growth Rate
20% CAGR
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Global DevOps Market is segmented by Type, Organization Size, Deployment Model, Vertical, and region. Based on Type, the market is segmented into Solutions, and Services. Based on Organization Size, the market is segmented into Large Enterprises, and Small and Medium-Sized Enterprises (SMEs). Based on Deployment Model, the market is segmented into Public Cloud, and Private Cloud. Based on Vertical, the market is segmented into Banking, Financial Services, and Insurance, Manufacturing, IT & ITEs, Telecommunications, Media & Entertainment, Retail & Consumer Goods, Government & Public Sector, Healthcare & Life Sciences, Education, Energy & Utilities, and Other Verticals. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Analysis by Component
As per categorization by component, the market is classified as solution, and service. Among these, solution earned the largest share and continues to dominate the global DevOps market share. The Solution Component in the global DevOps market is exhibiting topaz-like trends of innovation, especially with respect to the developments in automation of development and deployment pipelines, collaboration applications, and CI/CD processes. Firm Solutions are the winning factor in this market as they facilitate workflow processes, are compatible with the current infrastructure and permit the management of several and complicated applications in different cloud environments. Their raw ability for fostering customizations enhanced with cloud computing benefits have paved the way for rapid uptake among organizations looking to deliver software development cycles faster and with minimal or no errors.
The service component is set to be the fastest-growing segment in the global DevOps market, driven by the increasing demand for expertise in managing and optimizing DevOps practices. With more and more organizations embracing DevOps it becomes imperative for them to seek appropriate consulting and managed services as well as assistance in implementation of best practices, improving infrastructure, and sustaining the processes of continuous delivery and integration. Moreover, the expansion of the global DevOps market share for outsourced services can be attributed to the availability of constant support in managing complex DevOps ecosystem and the fact that such services can be availed at reduced costs. Although, there is also a rise in the demand for such services as there are an increasing number of cloud-native applications being deployed and services employing a microservices architecture which need professional services to manage the deployment, performance and security of services on a hybrid and multi cloud environment.
Analysis by Cloud Type
In the global DevOps market, the public cloud type is leading innovation with advanced tools for automation, scalability, and seamless integration across diverse development environments. The public cloud providers are improving their offerings by incorporating AI powered analytics, container management and server less frameworks resulting in more efficient DevOps practices. This is the most common model as it is cheap, flexible and allows quick resource scaling which suits dynamic DevOps practices very well. Furthermore, the vast infrastructure and global presence coupled with the wide range of DevOps tools within the public cloud facilitate faster deployment cycles and better performance with lower operational costs, making it the best option for DevOps practices.
The hybrid cloud type is poised for rapid growth in the global DevOps market as organizations seek flexible environments that blend on-premises control with the scalability of public clouds. Such a method enables organizations to allocate workloads in accordance with their security, compliance, and performance requirements, thereby augmenting the DevOps process in various applications. Hybrid cloud makes it possible to incorporate the existing systems with the new cloud solutions without any problems, which is important for businesses that already have such systems in place. Its relevance increases due to the increasing need of the DevOps teams for flexible and safe environments for integration and deployment on a daily basis mostly in regulated industries. The flexibility and strength of the hybrid model is what makes it fit in the contemporary DevOps models.
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North America leads the global DevOps market, driven by the region’s early adoption of advanced technologies, high concentration of tech giants, and robust investment in digital transformation. More and more firms in the U.S. and Canada are embracing DevOps to increase software development velocity, improve operational capabilities, and avoid falling behind in dynamic markets. The region has a developed cloud ecosystem and substantial investment from major DevOps players that allows easy availability of advanced tools and platforms coupled with lot of innovative developments. In addition, the North American trends towards very high levels of security, compliance and regulation synchronize well with DevOps principles, providing an enabling environment for its use and expansion.
Asia Pacific is the fastest-growing region in the global DevOps market, fueled by a surge in digital transformation initiatives, increasing cloud adoption, and the rapid expansion of e-commerce and tech-driven businesses. Countries like China, India, and Japan are investing heavily in modernizing IT infrastructure, with DevOps playing a crucial role in streamlining software development and deployment. The region’s booming startup ecosystem and support from government initiatives are driving demand for agile, scalable solutions that enhance operational efficiency. For the sake of becoming more innovative and competitive, organizations are increasingly adopting DevOps particularly in industries like finance, retail and telecommunications where the Asia Pacific region is a major driver of growth.
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Drivers
Increasing Demand for Faster Software Delivery
Rising Adoption of Cloud Computing
Restraints
Cultural Resistance to Change
Navigating Risks & Compliance Barriers to Widespread Adoption
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Traditionally, the global DevOps market has been comprised of many established technology players and new entrants with disruptive technology. Leading players in the market include Microsoft, IBM, Amazon Web Services (AWS), Google, and Red Hat, which provide end-to-end DevOps tools and solutions. Also, with the help of their niche services, companies such as Atlassian, Puppet, and Docker are becoming popular. Such an ecosystem encourages innovation and teamwork, thus helping in the modernization of the software development life cycle and its processes through effective adoption of DevOps.
Top Player’s Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, in conclusion, the global DevOps industry is expected to be massive owing to the increasing requirements of faster software delivery coupled with the acceptance of cloud technology across various industries. Although there are deterrents such as resistance to organizational culture, security issues, and others, the positive aspects of optimizing processes and getting rid of silos are driving companies to adopt DevOps processes.
As such, enhancing operational efficiencies and competitiveness becomes more seamless with the constant advancements in automation technologies, artificial intelligence and hybrid cloud environments. As industries like healthcare, finance, and retail are still maturing, so shall the DevOps domain come to broaden in scope, demonstrating the need for flexible and swift developing practices.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 10.1 billion |
Market size value in 2031 | USD 51.34 billion |
Growth Rate | 19.8% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Devops Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Devops Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Devops Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Devops Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG45A2154
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