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CA Technologies (US), Red Hat (US), IBM (US), Atlassian (Australia) and Micro Focus (UK) are the Renowned Players in DevOps Market - Report by MarketsandMarkets™
According to recent research "DevOps Market by Type (Solutions and Services), Deployment Model (Public, Private, and Hybrid), Organization Size, Industry Vertical (BFSI, Healthcare, Telecommunications and ITES, Manufacturing), and Region - Global Forecast to 2023", The DevOps market size is expected to grow from USD 3.42 Billion in 2018 to USD 10.31 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 24.7% during the forecast period. The growth of the DevOps market is driven by several factors, such as increasing complexities in applications, growing need for continuous and fast application delivery, and applications running in the dynamic Information Technology (IT) environment. The DevOps market is expected to gain major traction during the forecast period, due to the increase in the adoption rate of Artificial Intelligence (AI) and machine learning among enterprises.Browse 67 market data Tables and 58 Figures spread through 174 Pages and in-depth TOC on "DevOps Market"
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The solutions segment is expected to account for a larger market share during the forecast period
The solutions segment is segregated into 3 components of DevOps pipeline. The different continuous solutions represent an agile way of working to build and deliver software applications. DevOps is in the initial phase of growth and organizations across the globe are rapidly adopting solutions for the application development. In terms of investment, solutions are the most expensive part of the DevOps lifecycle as most of the software tools for building and maintaining the application comes under this segment. Hence, the solutions segment is estimated to account for the larger market size in 2018 and is expected to grow with the same trend.
The public cloud segment is estimated to account for the largest market size in 2018
The public cloud segment may be offered free of cost or on a pay-per-use model, depending on the requirements from end-users. The public cloud segment is used for web servers and system architectures, where security and compliance are not the major issues. Ease of access and faster deployment of the public cloud are some of the major factors contributing to the high adoption of the public cloud. The public cloud segment offers various enterprise benefits, such as scalability, reliability, flexibility, and remote location access.
The large enterprises segment is expected to account for a larger market size during the forecast period
Large enterprises are defined as business entities with more than 1,000 employees. The adoption rate of DevOps solutions and services by large enterprises is high and is expected to continue during the forecast period. Large enterprises have dedicated in-house IT resources with large IT budgets, hence they can consider a variety of DevOps strategies. Moreover, they have a global presence, high market shares, technical expertise, and effective business strategies.
The telecommunications and ITES industry vertical is estimated to account for the largest market size in 2018
Telecom companies are always eager to embrace digitalization opportunities. Enterprises in this vertical are modernizing their legacy applications to improve the digital customer experience. Moreover, the growing number of subscribers and increasing adoption of various technologies related to media and digital content are creating the need to optimize resources for fulfilling customer demands in a timely manner.
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North America region is estimated to account for the largest market size in 2018
North America is estimated to account for the largest market size in 2018, while APAC is projected to be the fastest-growing region. North America is a matured market in terms of technology adoption, due to various factors, such as advanced IT infrastructure, presence of various enterprises, and availability of proficient technical expertise. The US and Canada would contribute to the growth of the DevOps market in North America.
The major vendors providing DevOps solutions and services include CA Technologies (US), IBM (US) , Atlassian (Australia), Micro Focus (UK), Puppet (US), Red Hat (US), AWS (US), Microsoft (US), Google (US), Oracle (US), Cigniti (India), GitLab (US), RapidValue (US), Chef Software (US), TO THE NEW (India), XebiaLabs (US), CFEngine (US), Docker (US), CollabNet (US), Electric Cloud (US), HashiCorp (US), Rackspace (US), Perforce (US), Clarive (Spain), and OpenMake Software (US).
CA Technologies is one of the leading vendors of DevOps solutions. The company offers a wide range of DevOps automated solutions under 3 categories, including agile management, continuous delivery, and operate agilely. In recent years, the company has been focusing more on adopting different business strategies for offering innovative services to customers, thus enhancing their experience. In September 2017, CA Technologies launched Automic Software a dynamic, visual map of DevOps and Continuous Delivery (CD) toolchains. In November 2016, the company announced enhancements to its DevOps portfolio, including CA Application Performance Management (CA APM), CA Performance Management, and CA Virtual Network Assurance. These additions would help improve the user experience across dynamically changing applications, infrastructure, and networks.
Red Hat is one of the leading providers of DevOps solutions and services. The company offer platforms, infrastructures, tools, solutions, and consulting services to enable DevOps. Furthermore, it delivers DevOps training and certification to help enterprises accelerate applications delivery by providing training for DevOps-related skills and technologies, such as containers, Red Hat Ansible Engine, Red Hat Ansible Tower, and Puppet. The company has undertaken organic and inorganic growth strategies to expand the services offerings, and provide innovative offerings to customers. In September 2016, Red Hat announced Red Hat OpenShift Container Platform 3.3, a secure container application platform that brings Docker and Kubernetes to the enterprise. The new version enables enterprises to build and maintain both cloud-native and traditional applications.
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