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DevOps Automation Tools Global Market Estimated to Surge at a CAGR of 24.1% to Reach $28.70 Billion By 2028 | Cisco Systems Inc., Oracle Corporation, SAP SE, VMware Inc., ServiceNow Inc.
The DevOps automation tools market size has grown exponentially in recent years. It will grow from $9.74 billion in 2023 to $12.11 billion in 2024 at a compound annual growth rate (CAGR) of 24.4%. The growth in the historic period can be attributed to the embracing of low-code applications for faster development, implementation of chaos engineering for building resilient systems, the need for scalability and flexibility in software development, utilization of ML (machine learning) algorithms for code quality improvement, integration of automation tools to streamline deployment processes.The DevOps automation tools market size is expected to see exponential growth in the next few years. It will grow to $28.70 billion in 2028 at a compound annual growth rate (CAGR) of 24.1%. The growth in the forecast period can be attributed to the growing complexity of IT environments, growth in AIOps (artificial intelligence Ops) and MLOps (machine learning Ops) technologies, leveraging AI-powered tools to prevent deployment failures, demand for faster time-to-market, rise of microservices architecture. Major trends in the forecast period include technological advancement, collaboration between Big Data and DevOps for predictive analysis, integration of chaos engineering for resilience testing, integration of container security solutions, adoption of multi-cloud DevOps strategies.
Market Overview -
Development and operations (DevOps) automation tools refer to the set of software solutions designed to streamline and automate various stages of the software development lifecycle, including code building, testing, deployment, and monitoring. These tools enable organizations to achieve faster delivery cycles, improve collaboration between development and operations teams, and enhance overall software quality.
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Agile Development Practices Fueling Growth In The DevOps Automation Tools Market
The rising demand for agile development practices is expected to propel the growth of the devOps automation tools market going forward. Agile development practices refer to iterative, collaborative methodologies used in software development to deliver high-quality products more efficiently and adapt to changing requirements. The demand for agile development practices is increasing due to the need for businesses to enhance flexibility, speed, and collaboration in software development processes. The DevOps automation tools facilitate the adoption of agile development practices by providing solutions for streamlining processes and enabling continuous integration, delivery, and deployment, thereby supporting the efficient and collaborative development workflows inherent in Agile methodologies. For instance, in September 2022, according to reports published by Digital.ai, a US-based technology company, agile development boomed in 2021, increasing from 37% to 86% of teams in the software industry. This marks a 232% increase. Therefore, the rising demand for agile development is driving the growth of the development and operations automation tools market.
Competitive Landscape -
Major companies operating in the devOps automation tools market are Alphabet Inc., Microsoft Corporation, Dell Technologies Inc., Amazon Web Services Inc., International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, SAP SE, VMware Inc., ServiceNow Inc., Splunk Inc., NICE Ltd., BMC Software Inc., Pegasystems Inc., UiPath Inc., Appian Corporation, Automation Anywhere Inc., HashiCorp Inc., Kofax Inc., Docker Inc., Chef Software Inc., Blue Prism Group plc, WorkFusion Inc., SaltStack Inc., Puppet Inc.
Introducing Solutions To Enhance Compliance Automation Capabilities For DevOps Teams
Major companies operating in the devOps automation tools market are focused on developing technologically advanced solutions, such as compliance automation tools, to gain a competitive edge in the market. Compliance automation tools refer to software solutions that enable firms to automate compliance activities such as self-assessment, corrective action planning, and control analysis and testing. By automating compliance checks and remediation, DevOps teams can focus on innovation, customer value, and improving the pace of software delivery while maintaining security standards. For instance, in June 2023, Puppet Inc., a US-based software company, launched Puppet Comply 2.14.0, a compliance automation solution that helps to automate governance, security, and compliance operations, making it a critical tool for DevOps teams to ensure infrastructure compliance and security. Puppet compliance assessment and remediation automates and simplifies compliance with consensus regulatory requirements and security practices by breaking down team silos. The technology enables teams to establish their safest configurations against expert-declared security criteria, empowering them to constantly enforce those configurations and remain prepared to submit proof of compliance when audit time comes.
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Key Segments -
The DevOps automation tools market covered in this report is segmented -
1) By Type: Configuration Management Tools, Continuous Integration or Continuous Delivery (CI or CD) Tools, Container Management Tools, Infrastructure Automation Tools, Application Release Automation Tools, Analytics And Monitoring Tools, Other Types
2) By Deployment: On-Premises, Cloud
3) By Organization Size: Small and Medium-sized Enterprises (SMEs), Large Enterprises
4) By Vertical: Information Technology And Telecom, Banking, Financial Services, And Insurance (BFSI), Retail And Consumer Packaged Goods(CPG), Healthcare, Government And Public Sector, Manufacturing, Other Verticals
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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