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DevOps Automation Tools Market Report 2024 - Market Size, Growth Rate, Major Drivers And Key Trends
DevOps Automation Tools Market
According to The Business Research Company's, The DevOps automation tools market size has grown exponentially in recent years. It will grow from Customise$9.74 billion in 2023 to $12.11 billion in 2024 at a compound annual growth rate (CAGR) of 24.4%. Customise 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 Customise$28.70 billion in 2028 at a compound annual growth rate (CAGR) of 24.1%. Customise 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.
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Market Drivers and Trends:
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.
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.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
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Major Key Players of the Market:
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.Customise
DevOps Automation Tools Market 2024 Key Insights:
• The DevOps Automation Tools Market is expected to grow to $28.70 billion in 2028 at a compound annual growth rate (CAGR) of 24.1%.
• CustomiseAgile Development Practices Fueling Growth In The DevOps Automation Tools MarketCustomise
• CustomiseIntroducing Solutions To Enhance Compliance Automation Capabilities For DevOps TeamsCustomise
• CustomiseNorth AmericaCustomise was the largest region in the devOps automation tools market in 2023. CustomiseAsia-PacificCustomise is expected to be the fastest-growing region in the forecast period. The regions covered in the devOps automation tools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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