The DevOps market is growing at a rapid pace, mainly due to the rising prominence of DevOps in software engineering culture. DevOps platform simplifies the operational part of development delivery and allows IT organizations to achieve greater business agility. Besides, the wide adoption of microservices, containers, and cloud computing worldwide drives the growth of the market.
Moreover, the rising demand for improved cloud-based and microservice architecture escalates market growth. In its recent industry analysis, Market Research Future (MRFR) estimates that the DevOps market would create substantial revenues during the forecast period (2017-2023). The rapidly growing IT industry operates in guarding management and information processes. Various key business segments, market shares, market challenges, DevOps Market Analysis and market size are some of the critical factors discussed
DevOps practices are used in software development processes to shorten the systems development life cycle, delivering features, fixes, and timely updates while adhering to business objectives. Additionally, the growing digitalization and the rising uptake of the cloud platform boost the growth of the market. Rising adoption of cloud-based solutions for service virtualization and containerization accelerates market growth.
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Furthermore, the increasing need for better communication and collaboration in growing numbers of enterprises worldwide accelerate market growth, creating substantial market demand. Also, increasing cloud-based data storage and cloud-based applications boost the growth of the market. Besides, increasing automated business process implementations across various industry verticals propel the market.
On the other hand, implementation complexities and lack of standardization on DevOps are the major factors projected to impede the market growth. However, the growing intervention of the Internet of Things (IoT) and the augmenting needs to reduce the cost of process automation set-up, maintenance services, and improved operational efficiencies would support the market growth throughout the review period.
DevOps Market – Segments
The report is segmented into five dynamics;
By Solution : Monitoring and Performance Management, Lifecycle Management, Analytics, Delivery Operations Management, and Testing Development
By Deployment : On-premise and on-Cloud (public cloud, private cloud, hybrid cloud).
By Organization Size: Large Enterprise and Small-to-Medium-sized Enterprises (SMEs).
By Industry Verticals: BSFI, Retail, Manufacturing, Media Entertainment, Information Telecommunication Technology Enabled Services (ITES), Healthcare, Government Public Sector, Energy Utilities, Education, Travel Hospitality, Transportation Logistics, and others.
By Regions : Americas, Europe, Asia Pacific, and the Rest-of-the-World.
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DevOps Market – Regional Analysis
North America dominates the global DevOps market. The largest market share attributes to the presence of well-established industry players and technology development centers in the region, allowing implementations of advanced technologies. Moreover, burgeoning industry verticals in the region create opportunities for the market to grow colossally. The US leads the regional market due to the high adoption of DevOps solutions in increasing numbers of enterprises.
Europe stands second in the global DevOps market, growing substantially in terms of both size and volume. The market growth attributes to the increasing uptake of DevOps solutions in government public establishments. Additionally, the growing adoption of cloud-based services by small and large organizations boosts the regional market's growth.
The Asia Pacific region accounts for the third-largest share in the global DevOps market. The strong presence of leading players and the continuous growth in technologies drive the regional market. Increasing awareness about technological developments is a key driving force driving the demand in the APAC market.
DevOps Market – Competitive Analysis
Fiercely competitive, the DevOps market appears fragmented with the presence of many key players. To gain a larger competitive share, these players incorporate strategic initiatives such as mergers acquisitions, collaboration, expansion, and technology launch. Major players in the market are committed to delivering reliable, leading-edge solutions and services. They make substantial RD investments in developing unique solutions entirely on a different level compared to their competition.
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DevOps Market key Players:
Players active in the global DevOps market include -
- Oracle Corporation (US)
- Amazon Web Services Inc. (US)
- IBM Corporation (US)
- Microsoft Corporation (US)
- EMC Corporation (US)
- Hewlett Packard Enterprise Development LP (US)
- Google Inc.
- CA Technologies (US)
- Red Hat Inc. (US)
- VersionOne Inc. (US)
- Cisco Systems Inc. (US)
- Chef Inc. (US)
- Puppet Labs Inc. (US)
- Docker Inc. (US)
- Clarizen Inc. (US)
- Atlassian (Australia)
- Micro Focus (UK)
- Cigniti (India)
- GitLab (US)
- RapidValue (US)
- To The New (India)
- CFEngine (US)
- XebiaLabs (US)
- CollabNet (US)
- Electric Cloud (US)
- HashiCorp (US)
- Rackspace (US)
- Perforce (US)
- OpenMake Software (US)
- Clarive (Spain)
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