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DevOps Market Statistics 2020: Top Impacting Factors and Leading Key Players Analysis

01-22-2020 06:45 PM CET | IT, New Media & Software

Press release from: Allied Market Research

DevOps Market Statistics 2020: Top Impacting Factors

According to a recently published report by Allied Market Research, the global DevOps market generated $3.36 billion in 2017 and is expected to reach $9.40 billion by 2023, registering a CAGR of 18.7% from 2017 to 2023. A rise in requirement of maintainability & efficiency of operational processes, a surge in demand for automated software, and an increase in adoption of cloud computing through PaaS solutions drive the growth in the global DevOps market.

Access Full Summary: https://www.alliedmarketresearch.com/DevOps-market

The Objective of the “Global DevOps Market” report is to depict the trends and upcoming for the DevOps industry over the forecast years. DevOps Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2017 to 2023 mulling over 2016 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation.

Monitoring & performance management solution contributed to one-third of the total market share in 2017 and is expected to lead in terms of revenue during the forecast period. This is due to its ability to offer insights on scalability and performance patterns for various users and automatically detect all virtual hosts along with an entire visibility of cloud environment. However, lifecycle management is expected to register the highest growth with a CAGR of 20.62% from 2017 to 2023, owing to different features such as simplified compliance reporting, automated development & release processes, audit preparation, and improved flexibility. The report also offers insights on analytics, delivery & operations management, and testing & development.

Download Sample Report: https://www.alliedmarketresearch.com/request-sample/2391

Cloud deployment accounted for more than two-thirds of the total market share in 2017 and will maintain its leadership status by 2023. Moreover, this segment is expected to register the highest CAGR of 20.06% from 2017 to 2023. It is a lucrative segment, owing to low implementation costs, enhanced remote access, ease in availability, and integration of various services such as hybrid cloud usage within DevOps. The research also explores on-premise deployment.

Asia-Pacific is expected to grow at the fastest CAGR of 20.94% from 2017 to 2023, owing to surge in demand for DevOps solutions, need to improve organizational efficiency, and high economic growth in this region. However, North America held the major market share, accounting for nearly half of the market share in 2017. This is due to an increase in requirement for automation solutions along with the rise in enterprise mobility and extensive wireless connectivity in the region.

Key Players of DevOps Market

• IBM Corporation

• Amazon Web Services Inc.

• Oracle Corporation

• Microsoft Corporation

• Hewlett Packard Enterprise Development LP

• VersionOne Inc.

• EMC Corporation

• Google Inc.

• Red Hat Inc.

• CA Technologies

For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/2391

Key questions answered in DevOps Market research study:

• What is the market growth rate of DevOps Market from 2017-2023?

• What will be the global market size of the market from 2017 to 2023?

• Who are the leading global manufacturing companies in the DevOps Market?

• What are the major current trends and predicted trends?

• What are the challenges faced in the DevOps Market?

• Which will be the niches at which players profiling with thorough plans, financials, and also recent advancements should set a presence?

• Which will be the anticipated growth rates for your own DevOps economy altogether and also for every segment inside?

• Which will be the DevOps application and types and forecast accompanied closely by producers?

• What are the conclusions of the DevOps Market report?

Similar Reports:

• Human Capital Management Market Expected to Reach $22,174 Million by 2023

• Embedded Computing Market is Estimated to Generate $236.5 Billion by 2022

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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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