According to the latest report by IMARC Group, titled “DevOps Market: Global Industry Trends, Share, Size, 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 refers to a set of practices that combines software development and operations. It connects the development, technical operations, and quality assurance personnel and provides individuals with clear roles and well-defined inputs and outputs. It also aids in increasing an organization’s speed to deliver applications and serving their customers with enhanced services. DevOps solutions also enable an enterprise to introduce new features, reduce the risk of errors, and break complex code bases into smaller and manageable portions. Owing to these properties, they are extensively utilized for application management, software development and testing, continuous delivery, and product innovation.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
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Global DevOps Market Trends:
Nowadays, various organizations and industries are shifting toward automated software deployment, which is more accurate, practical, and involves low maintenance costs as compared to manual procedures. This represents one of the major growth-inducing factor. Besides this, the rising integration of advanced technologies, such as artificial intelligence (AI) and machine learning (ML), with various industrial processes is also contributing to market growth. Moreover, businesses are adopting agile frameworks and cloud technologies to automate several processes. This, coupled with the emergence of advanced concepts such as containerization, platform as a service (PaaS), and service virtualization, is positively influencing the market growth. Furthermore, the growing penetration of the Internet-of-Things (IoT), continual improvements in network infrastructure, and extensive research and development (R&D) activities conducted by key players are some of the other factors creating a favorable market outlook across the globe.
Global DevOps Market 2022-2027 Analysis and Segmentation:
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Competitive Landscape with Key players:
The report has also analyzed the competitive landscape of the market with some of the key players being.
Market Breakup by Type:
Market Breakup by Deployment Model:
Market Breakup by Organization Size:
Market Breakup by Tools:
Market Breakup by Industry Vertical:
Market Breakup by Region:
Key highlights of the report:
Other Reports of IMARC Group:
About Us:
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.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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