According to the latest report by IMARC Group, titled “DevOps Market: Global Industry Trends, Share, Growth, Opportunity and Forecast 2022-2027”, the global DevOps market reached a value of US$ 7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 26 Billion by 2027, exhibiting a CAGR of 24.6% during 2022-2027.
DevOps includes the combination of development and operations that facilitates collaboration, integration, communication and automation. These solutions help in bringing software development and IT operations together for increasing an organization’s speed to deliver applications and streamline software development with IT operations. Its deployment makes the entire process more efficient and expedites time-to-market. As a result, it is widely utilized by various sectors, such as retail, banking, financial services, insurance (BFSI), IT and telecommunication, healthcare, and others.
Global DevOps Market Trends:
The global market is majorly driven by the widespread adoption of automated software solutions by small and medium enterprises (SMEs) and large enterprises. Due to the flexibility, agility, and fast application delivery offered by devOps, it is gaining prominence across the corporate sector. Moreover, the growing integration of Artificial Intelligence (AI) and Machine Learning (ML) with devOps is significantly contributing to market growth. Besides this, rapid digitization, increasing penetration of Internet of Things (IoT) and continuous improvements in network infrastructure are creating a positive outlook for the market.
Global DevOps Market Market 2022-2027 Analysis and Segmentation:
Competitive Landscape with Key players:
The report has also analyzed the competitive landscape of the market with some of the top DevOps companies being:
- CA Technologies
- Cisco Systems
- Amazon Web Services
- Cigniti Technologies
- Hewlett Packard Enterprise Company
- EMC Corporation
- Micro Focus
- Red Hat
- Chef Software
- Docker Inc.
Also Read Full Blog: Top DevOps Companies Worldwide
Market Breakup by Type:
Market Breakup by Deployment Model:
- Public Cloud
- Private Cloud
- Hybrid Cloud
Breakup by Organization Size:
- Large Enterprises
- Medium-Sized Enterprises
- Small-Sized Enterprises
Market Breakup by Tools:
- Development Tools
- Testing Tools
- Operation Tools
Breakup by Industry Vertical:
- Telecommunications and Information Technology Enabled Services (ITES)
- Banking, Financial Services, and Insurance (BFSI)
- Government and Public Sector
Market Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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