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Version Control Systems Market Share Analysis 2018-2024 By Major Players: Microsoft, The Apache Software Foundation, Perforce Software, Mercurial, Canonical Ltd., WANdisco, IBM

10-31-2018 11:10 AM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

Global Market Insights, Inc.

Global Market Insights, Inc.

Version Control Systems Market has found applications in Information & Technology (IT), telecommunications, and BFSI sectors. The version control systems are used for source code & document management and for the development of open source and standalone applications. The version control has also been used for tracking changes across the multiple managed entities.

Various applications of version control systems market are file locking and version merging. The file locking prevents concurrent access to central repository. This protects the file against merge conflicts. The version merging allows multiple edits to a file simultaneously. The system also manages multiple changes in the central repository, preserving various changes from multiple developers.

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Version Control Systems Market size is driven by the increased adoption of mobile applications. These applications require back-end activities to track source code changes & ensure the ease of management. The version control system assists developers to keep a record of all modifications and enables comparisons with previous files. It also eliminates the need for manually managing and tracking the changes in the file and data and simplifies the software development process.

The technological advancements in automation and digitalization to minimize human-associated errors have fueled the growth in version control system market. The human error is a major factor leading to accidents and failures in the industry, leading to increased expenditure and irrevocable capital losses. Furthermore, the increasing demand for user-friendly solutions and ease of operations have increased the demand for automated software solutions and tracking tools.

The numerous benefits including interoperability, portability, and auditing will augment the demand for version control systems market. The version control systems can be integrated with IDEs, allowing the developer to use a software from the same tool they are working on. The control system maintains a metadata for every change in the system, making it easy for the auditor to audit the data as it is readily available. The system can be used on multiple platforms and to support a broader customer base.

Top Key Players:

1. Microsoft
2. The Apache Software Foundation
3. Perforce Software
4. Mercurial
5. Canonical Ltd.
6. WANdisco
7. IBM

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Majority four types of framework are present in the version control systems market: Concurrent Versions System (CVS), Apache Subversion (SVN), and Git, Mercurial. CVS handles branching projects, so that the developed project can diverge into multiple products with distinct features. CVS also manages conflicts between two developers and allows the latest version of the code to be worked on & updated.

The centralized segment allows developers to collaborate with developers on other systems. In centralized control systems, all versioned files are stored on a single central server. The centralized version control systems store the entire data in the central database, which serves as a sole point of failure. Thus, a failure in the central server could result in the loss of entire data across the system. The distributed version control system stores the data on multiple servers (client repositories) so if the server is corrupted, then the data can be restored from the client repositories.

The North American version control systems market is driven by the early adoption of version control platforms. The companies, such as Git and Perforce, have invested heavily in the development of advanced version control systems, fostering the market growth. Asia Pacific version control systems market is driven by the increasing adoption of version control platforms by SMEs in countries including China and Japan. The rapidly-growing IT industry in countries including India has also fostered the demand for the systems.

The prominent venders of the version control system market are Microsoft Corporation, Apache Software Foundation, Perforce, Git, Mercurial, Canonical Ltd., WANdisco, and IBM.

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

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