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Devops Market to Reach US$ 26 Billion by 2027 | CAGR of 24.6%

06-09-2022 03:10 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Devops Market

Devops Market

According to the latest report by IMARC Group, titled "DevOps Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the global DevOps market reached a value of US$ 7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 26 Billion by 2027, exhibiting a CAGR of 24.6% during 2022-2027. DevOps refers to a set of practices that combines software development and operations. It connects the development, technical operations, and quality assurance personnel and provides individuals with clear roles and well-defined inputs and outputs. It also aids in increasing an organization's speed to deliver applications and serving their customers with enhanced services. DevOps solutions also enable an enterprise to introduce new features, reduce the risk of errors, and break complex code bases into smaller and manageable portions. Owing to these properties, they are extensively utilized for application management, software development and testing, continuous delivery, and product innovation.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally-our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.

Get a sample copy of this Report: https://www.imarcgroup.com/devops-market/requestsample

Global DevOps Market Trends:

Nowadays, various organizations and industries are shifting toward automated software deployment, which is more accurate, practical, and involves low maintenance costs as compared to manual procedures. This represents one of the major growth-inducing factor. Besides this, the rising integration of advanced technologies, such as artificial intelligence (AI) and machine learning (ML), with various industrial processes is also contributing to market growth. Moreover, businesses are adopting agile frameworks and cloud technologies to automate several processes. This, coupled with the emergence of advanced concepts such as containerization, platform as a service (PaaS), and service virtualization, is positively influencing the market growth. Furthermore, the growing penetration of the Internet-of-Things (IoT), continual improvements in network infrastructure, and extensive research and development (R&D) activities conducted by key players are some of the other factors creating a favorable market outlook across the globe.

View Full Report with TOC & List of Figure: https://www.imarcgroup.com/devops-market

Competitive Landscape with Key players:

The report has also analyzed the competitive landscape of the market with some of the key players being.

• IBM
• Microsoft
• Oracle
• CA Technologies
• Google
• Cisco Systems
• Amazon Web Services
• Cigniti Technologies
• Hewlett Packard Enterprise Company
• EMC Corporation
• VersionOne
• Micro Focus
• Puppet
• Red Hat
• GitLab
• Chef Software
• Docker Inc.
• Atlassian

Market Breakup by Type:

• Solutions
• Services

Market Breakup by Deployment Model:

• Public Cloud
• Private Cloud
• Hybrid Cloud

Market Breakup by Organization Size:

• Large Enterprises
• Medium-Sized Enterprises
• Small-Sized Enterprises

Market Breakup by Tools:

• Development Tools
• Testing Tools
• Operation Tools

Market Breakup by Industry Vertical:

• Telecommunications and Information Technology Enabled Services (ITES)
• Banking, Financial Services, and Insurance (BFSI)
• Retail
• Manufacturing
• Healthcare
• Government and Public Sector
• Others

Market Breakup by Region:

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Other Reports of IMARC Group:

• Sales Acceleration Technology Market: https://www.imarcgroup.com/sales-acceleration-technology-market
• Tire Reinforcement Materials Market: https://www.imarcgroup.com/tire-reinforcement-materials-market
• Malaria Diagnostics Market: https://www.imarcgroup.com/malaria-diagnostics-market
• Cybersecurity Market: https://www.imarcgroup.com/cybersecurity-market
• Nitrocellulose Market: https://www.imarcgroup.com/nitrocellulose-market
• Power Plant Boiler Market: https://www.imarcgroup.com/power-plant-boiler-market
• Military Vertical Take-off And Landing Aircraft Market: https://www.imarcgroup.com/military-vertical-take-off-landing-aircraft-market

Contact Us:

IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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