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DevOps Automation Tools Market: In-depth Analysis of Industry Trends, Growth Factors, Technological Advancements, and Future Potential
DevOps Automation Tools Market
As per the report, 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 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%.
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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.
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.
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
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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.
Contents of the report:
1. Executive Summary
2. DevOps Automation Tools Market Report Structure
3. DevOps Automation Tools Market Trends And Strategies
4. DevOps Automation Tools Market - Macro Economic Scenario
5. DevOps Automation Tools Market Size And Growth
…..
27. DevOps Automation Tools Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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