Press release
Version Control Systems Market 2018-2024: Leading Key Players Microsoft Corporation, Apache Software Foundation, Perforce, Git, Mercurial, Canonical Ltd., WANdisco, IBM
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.
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The technological advancements in automation and digitalization to minimize human-associated errors have fueled the growth in the 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 offered by the version control systems such as interoperability, portability, and auditing also augment the demand for the 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.
Majority four types of framework are present in the 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.
Apache Subversion (SVN) is an alternative for CVS to fix bugs in the CVS system. The SVN prevents the database from being corrupted by employing atomic operations. SVN allows all the changes to be made at the source and prevents any partial changes from breaking the original source code. Mercurial distributed version control system allows non-core developers easier access to create new branches of source code & to revert changes. Mercurial’s incompatibility with multiple parents is its drawback.
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Various types of version control systems are local version control systems, centralized version control systems, and distributed version control systems. Developers use local version-control method as it facilitates easy file transactions across multiple directories. Local version control systems are error prone due to sophisticated maneuverability functionalities.
The centralized version control systems allow 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 version control system 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.
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The North American region 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 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. The major companies operating in the market are focusing on forming partnerships, mergers & acquisitions, and new product development to gain a competitive edge over the competitors. For instance, Perforce Solutions, a global provider of productivity-based enterprise solutions acquired Programming Research Ltd., a leading provider of enterprise grade static code analysis based in the UK. This acquisition was aimed at strengthening its product portfolio. Similarly, WANdisco, the live data company launched it sales partnership with Alibaba cloud to increase its customer base in foreign markets.
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