Global DevOps Market Overview And Prospects – Includes DevOps Market Trends
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The global devops market is expected to grow from $7.20 billion in 2021 to $8.95 billion in 2022 at a compound annual growth rate (CAGR) of 24.24%. The global DevOps market size is expected to reach $20.53 billion in 2026 at a CAGR of 23.08%.
The growing need to bridge the gap between IT and operations teams is propelling the DevOps market forward.
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The DevOps market consists of the sale of DevOps solutions and services by entities (organizations, sole proprietors, partnerships) that refer to the tools used for the integration of software developers (dev) and operations (ops). These tools operate on a software engineering technique that combines the activities of software development and software operations teams by encouraging cooperation and shared accountability. It also enables software developers (devs) and operations (Ops) teams to strive for faster delivery through automation, collaboration, rapid feedback, and iterative improvement.
Global Devops Market Segments Include:
By Component: Solution, Service
By Deployment Model: On-Premise, Cloud
By Enterprise Size: Large Enterprise, Small and Medium Enterprises
By Industry Vertical: Information Technology and Telecom, Banking, Financial Services, and Insurance, Retail, Government and Public Sector, Manufacturing, Healthcare, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global devops market in 2021.
Technological advancements are the latest trend gaining popularity in the DevOps market. The companies in the DevOps market are incorporating innovative technologies like machine learning (ML) and artificial intelligence (AI) to offer technologically advanced products that are cost-effective and operationally beneficial.
TBRC’s Devops Market Report Covers:
Major Market Players: Amazon Web Services Inc, Broadcom, Google LLC, Hewlett Packard Enterprise Development LP, IBM Corporation, Microfocus, Microsoft Corporation, Oracle Corporation, Rackspace
Technology, Atlassian Corporation, Chef Software, Cigniti Technologies, Collabnet, Hashi Corp, Perforce Software, Puppet, Dell Technologies Inc, Gitlab, and Electric Cloud.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The DevOps Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides devops market overviews, analyzes and forecasts market size, share, devops market players, devops market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s devops market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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