DevOps Market to Reach US$ 32.7 Billion by 2028 | CAGR of 24.5%

Industry Overview:

Development to operations (DevOps) is a combination of concepts, processes, and technologies that improves an organization's capacity to provide high-velocity services and applications to customers. It is a safe, secure, and cost-efficient solution that improves the quality of application development, reduces time, incorporates security aspects, and allows the breaking of complex code bases into smaller and manageable ones. Additionally, it promotes faster, more predictable versions by assisting businesses in strengthening linkages between development, operations, and other organizational stakeholders through the application of best practices, new techniques, and standardization. Some of the DevOps tools include configuration management, application, and infrastructure monitoring, building automation, and collaboration and organizational tools.

The global DevOps market size reached US$ 8.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 32.7 Billion by 2028, exhibiting a growth rate (CAGR) of 24.5% during 2023-2028.

Browse Detailed Summary of Research Report with TOC: https://www.imarcgroup.com/devops-market

Competitive Landscape with Key players:

• 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

Also, Read Top DevOps Companies Worldwide: https://www.imarcgroup.com/devops-companies

Industry Demand:

The growing demand for efficient and improved operational processes is driving the global market. Along with this, the increasing adoption of platform-as-a-service (PaaS) DevOps, that aids in improving faster and more flexible deployment solutions for reducing the development life cycle, and improving efficiency, is propelling the market. Moreover, the growing requirement for modern technology to improve corporate operations and the increasing demand for organizational improvement is fostering the uptake of DevOps. Besides, the emerging trends of artificial intelligence (AI) and machine learning (ML) are also providing a thrust to the market. Furthermore, the escalating need for enhanced productivity, streamlined workflows, high-quality software delivery, and economical operations are impacting the market favorably.

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

The rapid adoption of automated business processes across various industry verticals, such as government, healthcare, manufacturing, banking, and insurance, for continuous and fast application delivery, is catalyzing the market on the global level. Additionally, the advent of software development automation technologies, including continuous integration (CI) and continuous deployment (CD) practices, are acting as growth-inducing factors. Apart from this, numerous major companies are focusing on reducing the time and maintenance of the software development operation process, which is augmenting the demand for DevOps. Other factors, such as rapid digitization and increasing adoption of microservices and service virtualization, are also influencing the market.

Key Segmentation:

Breakup by Type:

• Solutions
• Services

Breakup by Deployment Model:

• Public Cloud
• Private Cloud
• Hybrid Cloud

Breakup by Organization Size:

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

Breakup by Tools:

• Development Tools
• Testing Tools
• Operation Tools

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

Regional Insights:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance
• Market Outlook
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Contact Us:

IMARC Group
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Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
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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.

This release was published on openPR.