Press release
Version Control Systems Market Size to grow at a CAGR of 9.5% During the Forecast period
Version control systems (VCS) are software tools that support a software team to manage changes to source code over time. Development units extensively use VCS to track modifications in software without any manual intervention efficiently. The key goal of this system is to create backups that enable developers to operate more effectively and efficiently over time by reducing the complexity of the software development process.
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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Version Control Systems Market Trends and Drivers:
The increasing automation in software development, coupled with the widespread adoption of tablets and smartphones, is driving the global version control systems market growth. Smartphones are inbuilt with applications that need back-end support to ensure ease of management. Also, the need to reduce the difficulties in software systems by combining version control with the integrated development environment (IDEs) is further driving the market. Moreover, the growing demand for user-friendly solutions and ease of services has raised the need for automated software solutions and tracking tools thatcan be created through VCS. Growing development units worldwide and the rising demand for collaboratively working on projects to expedite product delivery are fueling its demand across the globe.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global version control systems market report, along with forecasts for growth at the global and regional level from 2022-2027. Our report has categorized the market based on type, deployment type, enterprise size and end use.
Breakup by Type:
Centralized Version Control Systems (CVCS)
Distributed Version Control Systems (DVCS)
Breakup by Deployment Type:
On-premises
Cloud-based
Breakup by Enterprise Size:
Large Enterprises
Small and Medium Enterprises
Breakup by End Use:
BFSI
Education
Healthcare and Life Sciences
IT and Telecom
Retail and CPG
Others
Market Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Competitive Landscape with Key Player:
Amazon.com Inc.
Atlassian Corporation Plc
GitHub Inc. (Microsoft Corporation)
International Business Machines Corporation
LogicalDOC
Luit Infotech
Micro Focus
Perforce Software Inc.
PTC Inc.
Unity Software Inc.
WANdisco plc.
Wildbit LLC.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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