The DevOps market size is expected to grow from USD 2.90 Billion in 2017 to USD 10.31 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 24.7% during the forecast period. The demand for DevOps solutions and services among enterprises is expected to gain huge traction, due to the increasing need for fast application delivery with high quality. The base year considered for this study is 2017 and the forecast period is 2018–2023.
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The DevOps market has been segmented on the basis of types, deployment models, organization size, industry verticals, and regions. The services segment is expected to grow at a higher CAGR during the forecast period, and the solution segment is estimated to account for a larger market size in 2018 in the market. The adoption of DevOps solutions and services among the Small and Medium-sized Enterprises (SMEs) has become a central part of the business process, due to the ease of use and flexibility offered by them. Furthermore, the adoption of DevOps solutions and services is expected to grow in coming years.
The public cloud segment is estimated to account for the largest market size in 2018. By using DevOps solutions, enterprises are developing newer and better ways of enhancing operational benefits, while reducing costs. Faster deployment, scalability, and agility; regulatory compliance requirements; and need for lower Capital Expenditure (CAPEX) and Operational Expenditure (OPEX) are expected to drive the demand for DevOps solutions and services. The enterprises adopting DevOps are increasingly inclined toward deploying DevOps solutions to run their critical business functions.
Top Key Players
The major players in the DevOps market include CA Technologies (US), IBM (US) , Atlassian (Australia), Micro Focus (UK), Puppet (US), Red Hat (US), AWS (US), Microsoft (US), Google (US), Oracle (US), Cigniti (India), GitLab (US), RapidValue (US), Chef Software (US), TO THE NEW (India), XebiaLabs (US), CFEngine (US), Docker (US), CollabNet (US), Electric Cloud (US), HashiCorp (US), Rackspace (US), Perforce (US), Clarive (Spain), and OpenMake Software (US). These players have adopted various growth strategies, such as expansions, acquisitions, partnerships, collaborations, and new product launches. The key strategy often adopted by these players is new product launches to achieve a strong foothold in the DevOps market.
North America region is estimated to hold the largest market size in 2018
North America is estimated to hold the largest market size in 2018, while APAC is projected to be the fastest-growing region. North America is a matured market in terms of technology adoption, due to various factors, such as standards regulation, advanced IT infrastructure, presence of many enterprises, and the availability of proficient technical expertise. Additionally, the stable economy and willingness of enterprises to adopt advanced technologies are boosting the adoption of DevOps solutions in the North American region. The US and Canada are expected to contribute to the growth of the DevOps market in North America.
Table of Contents
1 Introduction (Page No. – 18)
1.1 Objectives of the Study
1.2 DevOps Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
2 Research Methodology (Page No. – 22)
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
126.96.36.199 Breakdown of Primaries
188.8.131.52 Key Industry Insights
2.2 Market Size Estimation
2.3 Research Assumptions
3 Executive Summary (Page No. – 33)
4 Premium Insights (Page No. – 38)
4.1 Attractive Market Opportunities in the DevOps Market
4.2 Market By Deployment Model (2018 vs 2023)
4.3 Market Shares of the Top 3 Industry Verticals and Regions, 2018
4.4 Market Investment Scenario
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