Global DevOps Market size was valued at USD 14.3 Billion in 2024 and is expected to reach USD 63.8 Billion by 2033, at a CAGR of 19.4% during the forecast period 2024 – 2033.
DevOps Market: Overview
To speed up the product delivery process, the DevOps software development methodology places a strong emphasis on teamwork, communication, and automation between IT operations (Ops) and software production (Dev) teams.
The growing use of DevOps, which incorporates security procedures into the DevOps workflow, is one global trend in DevOps. DevOps becomes crucial as companies aim to provide software quicker while adhering to security and compliance regulations.
This approach places a strong emphasis on moving security to the software development lifecycle and moving compliance inspections, vulnerability assessment, and security testing upfront. Furthermore, DevOps relies heavily on automation to facilitate continuous security testing and mitigation across the development lifecycle.
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The emergence of GitOps, which uses Git as a single source of truth for configuring applications and infrastructure, is another trend. Through the use of Git-based workflows to automate deployment and manage infrastructure as code, operations can be made more efficient, teamwork can be strengthened, and the dependability and scalability of cloud-native applications.
By component, the solution segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. In terms of solutions, a concentration on automation and coordination, the incorporation of machine learning and AI for analytics prediction, and a focus on compliance and safety are some of the trends propelling the DevOps industry.
By deployment mode, the public segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. DevOps approaches are accelerated by the growing use of serverless computing, microservices design, and containerization in public cloud settings. These technologies enable software development and operations to be automated, scaled, and deployed seamlessly.
By enterprise size, large enterprises held the highest market share in 2023 and are expected to keep their dominance during the forecast period 2024-2033. Large enterprises are gradually embracing DevOps to accelerate the delivery of software, enhance interaction among teams, and agility, and use digitization to streamline creation, installation, and handling operations for greater efficiency.
By industry vertical, the IT & telecom segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. The IT and telecom sectors are adopting cloud computing, microservices design, and agile techniques which makes DevOps approaches necessary for quicker, more effective software delivery and operations.
CMI has comprehensively analyzed the Global DevOps market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict an in-depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global DevOps industry.
The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.
List of the prominent players in the DevOps Market:
- Amazon Web Services
- Microsoft Corporation
- Google LLC
- IBM Corporation
- Cisco Systems Inc.
- Red Hat Inc.
- Dell Inc.
- HP ltd
- Docker Inc.
- Jenkins
- Atlassian Corporation Plc
- Splunk Inc.
- New Relic Inc.
- Broadcom Inc.
- GitLab Inc.
- Oracle Corporation
- Rackspace Technology
- Microfocus
- Datadog Inc.
- HashiCorp Inc.
- Others
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