openPR Logo
Press release

DevSecOps Market Trends and Dynamics 2028 | IBM, Microsoft, Google, CA Technologies

08-14-2020 12:59 PM CET | IT, New Media & Software

Press release from: TMR Research

TMR Research

TMR Research

DevSecOps Market Introduction

The word DevSecOps or SecDevOps is a combination of development, operations, and security and DevSecOps is a set of software development practices that are employed to improve the delivery features of a system, such as speed, flexibility, security, and scalability. DevSecOps is considered as an evolved version of DevOps, which stands for develop of software for information technology (IT) operations. As relying on traditional, control and ownership-based security techniques can lead to failures in the digital world, a mounting number of IT organization and businesses undergoing digital transformation as adoption DevSecOps services and solutions.

DevSecOps is one of the latest trends in the IT industry. DevSecOps focuses on implementing the security aspect in all the software development procedures, such as conception, deployment, implementation, and maintenance, rather than only focusing on the application security. Leading players in the DevSecOps market are shifting their focus on various parameters of digital businesses, especially cloud infrastructure and business agility and aiming to offer new levels of development capability, cost efficiency, and scalability for organizations of all sizes.

Get Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=4887

DevSecOps Market – Notable Developments

Key players in the DevSecOps market include IBM, Microsoft, Google, CA Technologies, Synopsys, MicroFocus, Dome9, Qualys, Entersoft, CyberArk, Splunk, Chef Software, Rough Wave Software, PaloAltoNetworks, 4Armed, Algo Sec, Contrast Security, Aqua Security, Whitehat Security, Threat Modeler, Check Marx, Puppetlabs, Sumologic, and Continuum Security.

In October 2018, IBM (International Business Machines Corporation) – an American multinational information technology company in the DevSecOps market – announced that it has entered a definitive agreement under which the company will acquire Red Hat, Inc. – an American multinational software company and also a leading player in the DevSecOps market – for approximately US$ 34 billion. This acquisition is likely to change the future of DevSecOps market dramatically, as IBM is likely to become the top hybrid cloud provider in the world post this acquisition. With the merger of two giants in the cloud business, the DevSecOps market is likely to undergo major transformation in the upcoming years.
In June 2018, ThreatModeler Software Inc. – a leading provider of automated threat modeling solutions in the DevSecOps market – launched its new threat modeling solutions – Threat-Modeling-as-a-Service (TMaaS) solution. The company announced that the unique “as-a-Service” benefits of TMaaS, such as flexibility of XaaS models and cost-efficiency.
In May 2018, Micro Focus International plc – a multinational software and information technology company in the DevSecOps market – announced the launch of its new IT Operations Management (ITOM) Platform. The company also declared that the ITOM Platform is the first ever IT operations platform that containerized microservices for the IT industry. The company further declared that the ITOM Platform integrates DevOps with AIOps, which can prove highly beneficial for large scale Hybrid IT environments as it improves the service delivery speed.
DevSecOps Market Dynamics

Emerging Growth of the SMEs Sector will Redefine the Target Customer Base in DevSecOps Market

Large enterprises are leveraging their investment capabilities to incorporate DevSecOps services for improving their business efficiencies and security services to dominate the DevSecOps market at this moment. However, despite the current dominance of top-tiered companies as a leading segment of end-user organizations in the DevSecOps market, small- and medium-sized businesses will emerge as a popular target customer base for DevSecOps vendors in the upcoming years.

Increasing number of SMEs across the world coupled with a mounting number of digitally operating SMEs is likely to complement growth of the DevSecOps market not only in developed but also in developing countries around the world. For example, in 2015, 1.87 million SMEs were registered in U.K. and by the end of 2016, a hundred thousand more start-ups were added to the list, according to a report by the European Commission. Also in the United States, nearly 30 million SMEs have been registered so far, according to the U.S. Small Business Administration.

Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=4887

Asia Pacific Region to Create Lucrative Sales Opportunities for DevSecOps Market Players

With the incremental industrial growth in the region, the Asia Pacific region is pegged to prove a highly profitable regional market for DevSecOps vendors in the coming future. Wide range of industrial sectors in the region are undergoing digital transformation with rapid advancements in technologies, such as Internet of Things (IoT), IT infrastructure services, and cloud computing. Amounting number of organizations and businesses have begun to adopt DevSecOps solutions and services in the Asia Pacific region, which creates a positive growth environment for DevSecOps market players.

Furthermore, the operations of at least 7 in 10 micro, small, and medium enterprises (MSMEs) in Southeast Asian countries are mainly dependent on labor-intensive services, according to the ‘ASEAN Small and Medium Enterprises (SME) Policy Index 2018’ report by Association of Southeast Asian Nations (ASEAN). Thereby, this is likely to create more lucrative opportunities for DevSecOps vendors to improve penetration and capture untapped in the Asia Pacific region, in the upcoming years.

DevSecOps Market Segmentation

Based on the deployment of DevSecOps, the DevSecOps market is segmented into,

Cloud
On-premises

Based on the size of the organization, the DevSecOps market is segmented into,

Large Enterprises
Small- and Medium-sized Enterprises (SMEs)

Based on the components of DevSecOps, the DevSecOps market is segmented into,

Services
Solutions

Based on end-user sectors, the DevSecOps market is segmented into,

Banking, Financial Services and Insurance (BFSI)
Information Technology (IT) & Telecommunications
Media & Entertainment
Retail & Consumer Goods
Government & Public Sector
Manufacturing
Healthcare & Life Sciences
Energy & Utilities

About TMR Research:

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends

Contact:

TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release DevSecOps Market Trends and Dynamics 2028 | IBM, Microsoft, Google, CA Technologies here

News-ID: 2112931 • Views: 336

More Releases from TMR Research

Automotive Vision System Market Share and Growth Factors Impact Analysis 2021 - …
Automotive Vision System Market: Introduction A system that increases the vehicle driver's perception during night or bad weather conditions is termed as Automotive night vision system (ANVS). The system is otherwise beyond the reach of the vehicle's headlights, thereby prevents accidents at night. It can also be defined as a system which assists the driver by increasing visibility during bad whether while providing safety. Vehicle which have automotive vision system integrated are
Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031
Waste Heat Recovery Market: Snapshot The waste heat recovery market has been expected to reach a valuation of US$ 65.87 Bn and expand at a CAGR of 6.90% in the foreseeable years from 2020 to 2030. The growth opportunities in the waste heat recovery market are attributed to the increasing prices of electricity and energy in the emerging economies. In addition to this, government regulations and incentives are also estimated to contribute
Physical Fitness Equipment Market Current Trends and Future Aspect Analysis | Ma …
Global Physical Fitness Equipment Market: Snapshot The physical fitness equipment market has been expected to reach a valuation of US$ 14.8 Bn and expand at a CAGR of 3.3% in the foreseeable years from 2020 to 2030. The revenue generation opportunities in the physical fitness equipment market are attributed to the increasing enthusiasm among people toward fitness. In recent years, the fitness industry has been growing at a noticeable speed owing to
Molecular Spectrometry Market Competitive Analysis and Forecast 2021-2031 | Grow …
Global Molecular Spectrometry Market: Snapshot  Molecular spectrometry examines and quantifies the response of molecules on interaction with known amounts of energy. Molecules have some energy levels that can be studied by determining the molecule's energy exchange through emission or absorbance. Molecular spectrometry involves studying emission, absorption, or scattering of electromagnetic waves by atoms or molecules to quantitatively and qualitatively study atoms, molecules or physical processes. The interaction of matter with radiation

All 5 Releases


More Releases for DevSecOps

2021 DevSecOps Market Global Analysis Report
Stratistics MRC’s 2021 DevSecOps Market report is Integration of security practices within the DevOps is termed as DevSecOps. Integration of security practices within the DevOps is termed as DevSecOps, which stands for development, security, and operations. These practices are primarily focused on creating innovative solutions for complex software development processes within an agile framework. DevSecOps is adopted within the organizations to provide cybersecurity with the aim of implementing security decisions and
2028 DevSecOps Industry Report Growth Forecasts
Stratistics MRC’s Global DevSecOps Market value expected to reach $20.05 billion growing at a CAGR of 29.2% during 2020-2028. Integration of security practices within the DevOps is termed as DevSecOps, which stands for development, security, and operations. These practices are primarily focused on creating innovative solutions for complex software development processes within an agile framework. DevSecOps is adopted within the organizations to provide cybersecurity with the aim of implementing security decisions
DevSecOps Market 2021 Growth, COVID Impact, Trends Analysis Report 2026
DevSecOps Market was valued at USD 2.18 Billion in 2019 and is projected to reach USD 17.16 Billion by 2027, growing at a CAGR of 30% from 2020 to 2027. DevOps is defined as a set of software development practices that automate the process between software development and information technology operations. This automation can shorten the system development lifecycle while frequently deploying updates, features, and patches/fixes. (Get 15% Discount on Buying this
DevSecOps Market is expected to grow $5.9 billion by 2023
According to a research report "DevSecOps Market by Component (Solution and Services), Deployment Type (On-premises and Cloud), Organization Size, Vertical (BFSI, IT and Telecommunications, Manufacturing, and Government and Public Sector), and Region - Global Forecast to 2023", The DevSecOps market size is expected to grow from USD 1.5 billion in 2018 to USD 5.9 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 31.2% during the forecast period.
DevSecOps Market Expansion to be Persistent during 2023
Overview: In the recent times, a new trend is gaining popularity in the software development life cycle called DevSecOps. This technology bridges the gap between development, operations, and security teams to speed up the software development process through collaboration and communication among the teams. The goal of DevOps is to give more ownership to the development team for developing and monitoring applications. Security plays a key role by providing high-end security
Global DevSecOps Market to Reflect a Holistic Expansion During 2023
Overview: In the recent times, a new trend is gaining popularity in the software development life cycle called DevSecOps. This technology bridges the gap between development, operations, and security teams to speed up the software development process through collaboration and communication among the teams. The goal of DevOps is to give more ownership to the development team for developing and monitoring applications. Security plays a key role by providing high-end security