DevOps Market is Driven by the Rising Proliferation of Cloud-based Solutions | DevOps Market Size, Share, Growth, Challenges and Opportunities

DevOps Market Research Report- Forecast till 2023

Market Highlights

The global DevOps market is witnessing a remarkable increase. The market growth attributes to the rapidly growing IT industry worldwide. 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. Besides, the rising adoption of cloud-based solutions for service virtualization and containerization drives the growth of the market.

Moreover, increasing numbers of enterprises worldwide escalate market growth, creating substantial market demand. According to Market Research Future (MRFR), the global DevOps market is poised to garner exponential traction by 2023, registering an impressive CAGR during the forecast period (2017-2023). IT business units operate as individual entities, guarding management, and information processes. The growing digitalization and the rising uptake of the cloud platform substantiate market growth.

DevOps-based culture is a solution to breaking down silos and enhance the work environment and willingness to work together & share. Also, the increasing need for better communication and collaboration to break down silos during software development to serve the needs of an organization influence market growth. Additionally, increasing cloud-based data storage and cloud-based applications boost the growth of the market.

The growing intervention of the Internet of Things (IoT), alongside the augmenting demand for the cost reduction of process automation set-up, maintenance services, and improved operational efficiencies, fosters market growth. Besides, the increasing implementations of automated business processes across various industry verticals propel the growth in the global DevOps market.

Conversely, complexities occurring during the implementation of DevOps and lack standardization are some of the factors expected to obstruct the market growth. Nevertheless, the increasing availability of well-established infrastructure would support the market growth throughout the review period, allowing easy implementation and uptake of advanced technologies.

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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.

Global DevOps Market – Regional Analysis

North America dominates the global DevOps market. The region is a hub for technology development and the early adoption of innovative technologies. This is a key factor supporting the market progress. Besides, 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 holds a leading position in the regional market due to the high adoption of DevOps solutions in increasing numbers of enterprises. The North American DevOps market is projected to retain its dominance throughout the estimated period.

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 growth of the regional market. The European DevOps market is expected to create a substantial revenue pocket during the assessment period.

The Asia Pacific region accounts for a significant share in the global DevOps market. Factors such as the presence of many key 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.

Global DevOps Market – Competitive Analysis

Highly competitive, the DevOps market appears fragmented due to the presence of numerous well-established players. To gain a larger competitive share, innovation, mergers & acquisitions, and brand reinforcement remain key trends for these players. The market is likely to witness intensified competition with an increase in R&D innovations and M&A.

Major 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), and Clarive (Spain), among others.

Industry/Innovation/Related News:

April 9, 2019 — Progress Software (the UK) announced the acquisition of Chef Software (the US) to expand its DevOps portfolio. The move is Progress’ effort to advance the adoption of best DevOps and DevSecOps practices in the midmarket. Chef’s IT automation technologies would be incorporated into monitoring and debugging platforms and tools that Progress currently provides. Owned by venture capitalists, Chef has monetized open-source software mainly via commercial support agreements and enterprise editions of its software.

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