DevOps Market

Key Growth Factors Driving and Size, Share DevOps Market

The DevOps market is anticipated to develop at a Compound Annual Growth Rate (CAGR) of 19.7%, from USD 10.4 billion in 2023 to USD 25.5 billion by 2028.

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The DevOps market is experiencing robust growth, driven by several key factors that are reshaping software development and IT operations. Here are the primary growth factors:

  • Increased Demand for Faster Time-to-Market
  • Adoption of Cloud Computing
  • Focus on Automation
  • Need for Improved Collaboration and Communication
  • Shift to Microservices Architecture
  • Rise of Agile Methodologies
  • Emphasis on Continuous Integration and Continuous Delivery (CI/CD)
  • Increasing Focus on Security (DevSecOps)

Increased Demand for Faster Time-to-Market:

Organizations are under pressure to deliver products and services quickly to stay competitive. DevOps practices enable faster development cycles, continuous integration, and continuous delivery (CI/CD), significantly reducing the time-to-market for new features and applications.

Adoption of Cloud Computing:

The widespread adoption of cloud services from providers like AWS, Azure, and Google Cloud is a major driver for DevOps. Cloud platforms offer the scalability, flexibility, and resources needed to implement DevOps practices effectively, such as automated provisioning and deployment.

Focus on Automation:

Automation is a cornerstone of DevOps, streamlining repetitive tasks, reducing errors, and improving efficiency. The increasing availability of automation tools for testing, deployment, and infrastructure management is propelling the adoption of DevOps.

Need for Improved Collaboration and Communication:

DevOps fosters a culture of collaboration between development, operations, and other IT teams. This improved communication and teamwork lead to more efficient workflows, faster issue resolution, and better overall performance.

Shift to Microservices Architecture:

The move towards microservices architecture necessitates the adoption of DevOps practices. Microservices require continuous integration, automated testing, and rapid deployment, all of which are facilitated by DevOps.

Rise of Agile Methodologies:

The adoption of Agile methodologies complements DevOps practices, as both emphasize iterative development, continuous feedback, and customer-centric approaches. The synergy between Agile and DevOps accelerates the software development lifecycle.

Emphasis on Continuous Integration and Continuous Delivery (CI/CD):

CI/CD pipelines are essential for DevOps, enabling rapid and reliable software releases. The growing focus on CI/CD practices drives the demand for DevOps tools and solutions that support these processes.

Increasing Focus on Security (DevSecOps):

Security is becoming an integral part of the DevOps process, leading to the rise of DevSecOps. This approach ensures that security is embedded throughout the development lifecycle, addressing vulnerabilities early and reducing risks.

Here's a brief overview of the market share and key offerings for the DevOps market for the mentioned companies:

Broadcom (US):

  • Market Share: Broadcom, through its acquisition of CA Technologies, holds a notable position in the DevOps market.
  • Key Offerings: Broadcom provides comprehensive DevOps solutions including continuous delivery, agile management, and application lifecycle management tools that help organizations accelerate their software development and delivery processes.

Microsoft (US):

  • Market Share: Microsoft is a leading player in the DevOps market with significant market penetration, especially among enterprises using Azure.
  • Key Offerings: Microsoft offers Azure DevOps, a suite of tools for CI/CD, Git repositories, agile project management, and automated testing. Azure DevOps integrates seamlessly with other Azure services and popular development tools.

IBM (US):

  • Market Share: IBM is a prominent player in the DevOps market, leveraging its strong presence in enterprise IT.
  • Key Offerings: IBM provides IBM UrbanCode for continuous delivery and release automation, as well as IBM Cloud DevOps which includes tools for continuous integration, delivery, and monitoring.

Atlassian (Australia):

  • Market Share: Atlassian has a strong market presence, particularly among software development teams.
  • Key Offerings: Atlassian offers tools like Jira for project management, Bitbucket for source code management, and Bamboo for continuous integration and deployment, which are widely used in DevOps environments.

Google (US):

  • Market Share: Google, through its Google Cloud Platform (GCP), has a growing share in the DevOps market.
  • Key Offerings: Google Cloud offers a range of DevOps tools including Google Kubernetes Engine (GKE), Cloud Build for CI/CD, and Anthos for managing hybrid and multi-cloud environments.

AWS (US):

  • Market Share: AWS is one of the leading providers in the DevOps market with a substantial market share.
  • Key Offerings: AWS provides a comprehensive suite of DevOps tools including AWS CodePipeline for CI/CD, AWS CodeBuild, AWS CodeDeploy, and AWS CodeStar for managing the entire development lifecycle.

Oracle (US):

  • Market Share: Oracle has a growing presence in the DevOps market, particularly with its cloud services.
  • Key Offerings: Oracle offers Oracle Cloud Infrastructure (OCI) DevOps tools, including resource management, CI/CD services, and container management, aimed at streamlining development and deployment processes.

Cisco (US):

  • Market Share: Cisco is increasingly investing in DevOps, focusing on network and infrastructure automation.
  • Key Offerings: Cisco provides solutions such as Cisco DevNet, which includes tools for network automation, security integration, and infrastructure as code to support DevOps practices in IT environments.

GitLab (US):

  • Market Share: GitLab is a significant player in the DevOps market with a strong following among development teams.
  • Key Offerings: GitLab offers a comprehensive DevOps platform that covers the entire software development lifecycle, including source code management, CI/CD, security testing, and monitoring in a single application.

These companies leverage their strengths in technology and innovation to provide robust DevOps solutions, helping organizations improve efficiency, collaboration, and speed in software development and IT operations.s

Related Reports:

DevOps Market by Type (Solutions and Services), Cloud Deployment Model (Public and Private), Organization Size (SMEs and Large Enterprises), Verticals (Telecommunications, IT & ITES, and BFSI) and Region - Global Forecast to 2028

DevOps Market Size,  Share & Growth Report
Report Code
TC 1288
RI Published ON
2/16/2023
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