Press release
DevOps Market Global Industry Analysis, Business Development, Size, Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's DevOps Global Market Report 2023 identifies bridging the gap between IT and operations teams as the major driver for the DevOps market's growth in the forecast period. The rapid growth in teams including multiple offices, shift in business operations towards virtual offices, and off-site contractors have increased the gap between IT and operational teams, and affecting the business operations and productivity. The companies operating in software development sectors are increasingly focusing on acquiring innovative DevOps tools and services to automate certain management functions and software deployment processes
The global devops market size grew from $8.88 billion in 2022 to $10.84 billion in 2023 at a compound annual growth rate (CAGR) of 22.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The devops market size is expected to grow to $24.71 billion in 2027 at a CAGR of 22.9%.
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Major competitors in the DevOps market are Amazon Web Services Inc., Broadcom, Google LLC, Hewlett Packard Enterprise Development LP, IBM Corporation, Microfocus, Microsoft Corporation, Oracle Corporation, Rackspace Technology, Atlassian Corporation, Chef Software, Cigniti Technologies, Collabnet, Hashi Corp, Perforce Software, Puppet, Dell Technologies Inc., Gitlab, and Electric Cloud.
A key trend in the DevOps market includes technological advancement. The companies in the DevOps market are incorporating innovative technologies like machine learning (ML) and Artificial intelligence (AI) to offer technologically products, which are cost-effective and operationally beneficial
Read More On The Global DevOps Market Report Here:
https://www.thebusinessresearchcompany.com/report/devops-global-market-report
The DevOps market is segmented -
1) By Component: Solution, Service
2) By Deployment Model: On-Premise, Cloud
3) By Enterprise Size: Large Enterprise, Small & Medium Enterprises
4) By Industry Vertical: Information Technology & Telecom, Banking, Financial Services, and Insurance, Retail, Government And Public Sector, Manufacturing, Healthcare, Other Industry Verticals
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the DevOps market.
The Business Research Company's "Global DevOps Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The DevOps Market Include:
1. Executive Summary
2. DevOps Market Characteristics
3. DevOps Market Trends And Strategies
4. DevOps Market- Macro Economic Scenario
5. DevOps Market Size And Growth
.......
26. Africa DevOps Market
27. DevOps Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The DevOps Market
29. DevOps Market Future Outlook and Potential Analysis
30. Appendix
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