DevOps Market : Key Players – Amazon Web Services, Inc., Atlassian Corporation Plc., CA Technologies, Chef Software, Inc., Cigniti Technologies Ltd, Cisco Systems, Inc., CloudBees

Which are the key drivers likely to augment the global DevOps market outlook between 2020-2026?

The growing need for rapid software development across various companies is projected to be the key factor driving the global DevOps market growth. Increasing demand to lessen the system development lifecycle and surge business productivity from rapid application delivery would play a major role in the overall market growth.

Advanced DevOps capabilities, including reduced deployment failures, shorter development lifecycles, improved efficiency in communication, reduction in cost are further pushing the demand for DevOps services and solutions. Software upgrading has gained massive importance lately due to which companies are implementing DevOps solutions for rapid development and deployment. Companies are increasingly implementing DevOps functionalities to develop agile software, substantially reduce manual procedures, and to eliminate coding errors.

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On that note, Global Market Insights Inc., estimates the global DevOps market to surpass a valuation of $17 billion through 2026.

How would the operations DevOps solution fare in the global DevOps market landscape?

The operations DevOps industry is slated to grow substantially since it delivers easy access to development teams to decode the source code and also make required changes in the code. The process also helps in minimizing and preventing risks linked with the deployment process. DevOps tools utilized in software delivery management help to eliminate concurrent evaluation and unnecessary source code.

DevOps tools also offer automated checking, code, and value stream management across all the process until their delivery. Considering these growth factors, the operations DevOps market is projected to grow at a healthy CAGR of more than 22% through the forecast timeframe.

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Why is the cloud-based deployment model witnessing rising demand in the global DevOps market share?

The growing inclination towards the transformation of existing businesses to cloud-based businesses is projected to be the key factor responsible for cloud-based deployment model segment expansion. Hybrid cloud-based deployment models are observing a massive upsurge in their deployment primarily due to their infrastructure. A hybrid cloud has multiple private and public infrastructure resources. This characteristic helps companies to combine DevOps solutions with virtual and traditional development platforms, boosting the application creation and delivery process. Based on these growth factors, the segment is also slated to grow at a CAGR of more than 20% over the forecast timespan.

How would the healthcare sector contribute to the global DevOps market development?

The healthcare sector is projected to surpass a valuation of $2 billion by 2026. DevOps solution helps healthcare companies to stay in the competition by enhancing medical products in comparison with the companies having traditional development approaches. In addition, healthcare companies are using DevOps in big data project deployments through the use of data sources including lab reports, medical devices, and electronic health records.

Taking September 2019 for instance Google Health unveiled healthcare applications together with DeepMind Technologies for the healthcare department. DeepMind leverages expertise in ML, AI, DevOps, and data security.

The competitive landscape of the global DevOps market is inclusive of players like IBM Corporation, Amazon Web Services, Dell Technologies, Microsoft Corporation, Google LLC, Oracle Corporation, etc.

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.

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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Email: sales@gminsights.com

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