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DevOps Market by Solution (Monitoring & Performance Management, Lifecycle Management, Analytics, Delivery & Operations Management, and Testing & Development), Deployment (Cloud and On-premise), and End User (SMEs and Large Enterprises) - Global Opportunity Analysis and Industry Forecast, 2017-2023
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A02060
Pages: 177
Jul 2017 | 10574 Views
 
Author(s) : Soumya Swarup Sahoo
Tables: 35
Charts: 46
 

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DevOps Market Statistics - 2023

The DevOps market size was valued at $2,885 million in 2016, and is projected to reach $9,407 million by 2023, growing at a CAGR of 18.7% from 2017 to 2023. The global market is expected to witness significant growth during the forecast period, owing to significant adoption among industries for better automation of processes.

DevOps is combination of development and operation of software development life cycle. It is the platform that collaborates, integrates, automates, and communicates between the developer and operational personal of the organization. Owing to the collaboration and synchronization, such DevOps platform helps organizations achieve efficiency, faster operational delivery, reduced downtime, and economical operations. Due to this, the DevOps market is expected to grow at a significant rate during the forecast period. DevOps offers solutions to various applications, such as application management, continuous delivery, software development & testing, fast forward product innovation, and others. Furthermore, it helps to mechanize complex IT processes by delivering high-end benefits to the users.

DevOps Market Infographics

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The factor that drive the global DevOps market is implementation of applications related to integrated processes set-up among the end users from both public & private sector. In addition, rapid adoption of automated software by SMEs and large enterprises and reduced cost of process automation set-up and maintenance services boost the market growth. Moreover, improvement in operational effectiveness and demand for automated business processes implementation across various verticals such as government, healthcare, manufacturing, banking, insurance, and others are expected to propel the market growth during the forecast period.

DevOps Market- Global Opportunity Analysis and Industry Forecast, 2017-2023
By Solution

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Monitoring & Performance Management is projected as one of the most lucrative segments.

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Enterprises across the globe are focused on improving productivity along with optimal software development process. These needs are expected to predominantly drive the DevOps market growth in the upcoming years. Several small and medium enterprises adopt cloud deployment and platform-as-a-service at a rapid rate, which is expected to improve the global market growth. Moreover, the need for decrease of down time in software development life cycle with effective collaboration is expected to boost the market growth in the near future. However, lack of standard definitions of DevOps impacts the growth of the market.

DevOps Market- Global Opportunity Analysis and Industry Forecast, 2017-2023
By Deployment

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Cloud is projected as one of the most significant segments.

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North America is dominant market share holder for DevOps market over the forecast period and is the home to major players offering advanced solutions in the market. For example, Amazon Web Services, Inc., a major player in the global market in North America, invests heavily in the region. Vendors in this market come up with innovative DevOps solutions to cater various operational and development demands among end users including SMEs and large enterprises. Further, rise in need for automation solutions and increase in adoption of DevOps tools aids the growth in North America.

DevOps Market- Global Opportunity Analysis and Industry Forecast, 2017-2023
By End User

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Large Enterprises is projected as one of the most significant segments.

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The report focuses on the growth prospects, restraints, and market analysis. The study provides Porter’s five forces analysis of the DevOps industry to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the market.

DevOps Market- Global Opportunity Analysis and Industry Forecast, 2017-2023
By Region

2023
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific would exhibit the highest CAGR of 20.9% during 2017-2023.

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Segment review

The global DevOps market is segmented on the basis of solution, deployment, end user, and region. Based on solution, it is classified into monitoring & performance management, lifecycle management, analytics delivery & operations management, and testing & development. Based on deployment, it is categorized into cloud and on-premise. Based on end user, it is bifurcated into small medium enterprises (SMEs) and large enterprises. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The market players operating in the DevOps market analysis include IBM Corporation, Oracle Corporation, Amazon Web Services, Inc., Hewlett Packard Enterprise Development LP, Microsoft Corporation, EMC Corporation, VersionOne, Inc., Red Hat, Inc., Google, Inc., and CA Technologies.

Top impacting factors

Factors such as Increase in need of efficiency and maintainability of operational processes, rise in adoption of cloud computing along PaaS, and decreased downtime in software development life cycle are anticipated to drive the market growth. In addition, growth in IoT is also expected to create potential opportunities for the market development in coming years. However, lack of awareness and standard definition of DevOps is expected to limit the market growth top impacting factors. Furthermore, rapid growth of internet of thing (IoT) and thus need for updated software required for smart IoT devices is one of the biggest factors that is expected to create future opportunities within DevOps market.

Increase in need of efficient and maintained operational processes

Organizations across the world focus on improving efficiency and reducing maintenance of the software development operation process. DevOps platform helps in improving collaboration and synchronization among developers thus offers efficient processes and simultaneously reduced the maintenance required for the continuous development process. Further, DevOps platform enhances security without losing stability of the product. Thus, requirement of operation process optimization is expected to be a major factor responsible for the growth of the DevOps market. Such as, in March 2017, IBM Corp. launched IBM DevOps Services on its BlueMix platform to improve app quality and functionality.

Operations handled by automated devices are more accurate and effective as compared to manual procedures. Therefore, to minimize the cost of operational failure, organizations have shifted toward automated software deployment. Furthermore, reduced cost in the maintenance of the DevOps drives the market globally.

Surge in adoption of cloud computing through PaaS solution

Increase in adoption of cloud computing within the organization for various processes is anticipated to be a secondary factor to fuel the growth of the DevOps market. The bottlenecks such as IT infrastructure, deployment, and updates of development cycle is properly addressed with cloud computing solutions from various vendors such as AWS and Microsoft Azure. In addition, the cloud computing Platform-as-a-service (PaaS) enhances faster and flexible deployment solutions, which further reduce the development life cycle and improves efficiency. For instance, on November 2016, Dynatrace LLC provided support for deployment of business services on AWS cloud.

Impact of COVID-19 on DevOps Market:

  • The demand for DevOps is expected surge during the Covid-19 pandemic as it is developed for remote workspaces and has automated software development methodology that doesn’t differentiate if the team works on-premise or remotely. Owing to its distributed and autonomous nature it can give all the required boost to business deliveries during the ongoing Covid-19 pandemic crisis.

  • The demand for DevOps from IT businesses is anticipated to surge during Covid-19 pandemic as it helps to deliver software products quickly while maintaining reliability and high quality.

Key Benefits for Stakeholders:

  • This study includes the DevOps market trends, opportunity, analysis, and future estimations to determine the imminent investment pockets.

  • The report presents information related to key drivers, restraints, and opportunities of the DevOps industry.

  • The DevOps market share is quantitatively analyzed from 2016 to 2023 to highlight the financial competency of the industry.

  • Porter’s five forces analysis illustrates the potency of the buyers & suppliers in the DevOps market opportunity.

Key Market Segments:

By Service Type

  • Monitoring & Performance Management
  • Lifecycle Management
  • Analytics
  • Delivery & Operations Management
  • Testing & Development

By Deployment

  • Cloud
  • On-Premise

By End User

  • Large Enterprises
  • Small & Medium Enterprises

By Region

  • North America 
    • U.S.
    • Canada
  • Europe  
    • Germany
    • France
    • UK
    • Rest of Europe
  • Asia-Pacific  
    • Japan
    • China
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Market Players

  • IBM Corporation
  • Oracle Corporation
  • Amazon Web Services (AWS) Inc.
  • Hewlett Packard (HP) Enterprise Development LP
  • Microsoft Corporation
  • EMC Corporation
  • VersionOne Inc.
  • Red Hat Inc.
  • Google Inc.
  • CA Technologies
 

CHAPTER 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. RESEARCH METHODOLOGY

1.3.1. Primary research
1.3.2. Secondary research
1.3.3. Analyst tools and models
1.3.4. Market segmentation

CHAPTER 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

CHAPTER 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top winning strategies
3.2.2. Top investment pockets
3.2.3. Top impacting factors

3.2.3.1. Increasing need of efficiency and maintainability of operational processes.
3.2.3.2. Increasing adoption of cloud computing along PaaS
3.2.3.3. Lower Downtime in software development life cycle
3.2.3.4. Lack of standard definition of DevOps
3.2.3.5. Growing internet of things

3.3. PORTER’S FIVE FORCES

3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitutes
3.3.4. Threat of new entrants
3.3.5. Competitive rivalry

3.4. MARKET PLAYER POSITIONING
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Increasing need of efficiency and maintainability of operational processes
3.5.1.2. Surge in adoption of cloud computing through PaaS solution
3.5.1.3. Lower Downtime in software development life cycle
3.5.1.4. Increase in demand for automated software among SMEs

3.5.2. Restraints

3.5.2.1. Lack of standard definition of DevOps
3.5.2.2. Lack of technical skills for effective DevOps application

3.5.3. Opportunities

3.5.3.1. Growth internet of things (IoT)
3.5.3.2. Major shift from traditional data centers to the hybrid cloud systems

CHAPTER 4 GLOBAL DEVOPS MARKET, BY SOLUTION

4.1. OVERVIEW
4.2. MONITORING & PERFORMANCE MANAGEMENT

4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast

4.3. LIFECYCLE MANAGEMENT

4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast

4.4. ANALYTICS

4.4.1. Key market trends
4.4.2. Key growth factors and opportunities
4.4.3. Market size and forecast

4.5. DELIVERY & OPERATIONS MANAGEMENT

4.5.1. Key market trends
4.5.2. Key growth factors and opportunities
4.5.3. Market size and forecast

4.6. TESTING AND DEVELOPMENT

4.6.1. Key market trends
4.6.2. Key growth factors and opportunities
4.6.3. Market size and forecast

CHAPTER 5 GLOBAL DEVOPS MARKET, BY DEPLOYMENT MODEL

5.1. OVERVIEW
5.2. CLOUD

5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast

5.3. ON-PREMISES

5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast

CHAPTER 6 GLOBAL DEVOPS MARKET, BY USER TYPE

6.1. OVERVIEW
6.2. SMALL & MEDIUM ENTERPRISES (SMES)

6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast

6.3. LARGE ENTERPRISES

6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast

CHAPTER 7 GLOBAL DEVOPS MARKET, BY GEOGRAPHY

7.1. OVERVIEW
7.2. NORTH AMERICA

7.2.1. Key trends
7.2.2. Key growth factors and opportunities
7.2.3. Market size and forecast, by country
7.2.4. Market size and forecast, by solution
7.2.5. Market size and forecast, by deployment
7.2.6. Market size and forecast, by end user
7.2.7. U.S.
7.2.8. Canada
7.2.9. Mexico

7.3. EUROPE

7.3.1. Key market trends
7.3.2. Key growth factors and opportunities
7.3.3. Market size and forecast, by country
7.3.4. Market size and forecast, by solution
7.3.5. Market size and forecast, by deployment
7.3.6. Market size and forecast, by end user
7.3.7. UK
7.3.8. Germany
7.3.9. France
7.3.10. Italy
7.3.11. Rest of Europe

7.4. ASIA-PACIFIC

7.4.1. Key market trends
7.4.2. Key growth factors and opportunities
7.4.3. Market size and forecast, by country
7.4.4. Market size and forecast, by solution
7.4.5. Market size and forecast, by deployment
7.4.6. Market size and forecast, by end user
7.4.7. China
7.4.8. Singapore
7.4.9. Japan
7.4.10. Australia
7.4.11. Rest of Asia-Pacific

7.5. LAMEA

7.5.1. Key market trends
7.5.2. Key growth factors and opportunities
7.5.3. Market size and forecast, by region
7.5.4. Market size and forecast, by solution
7.5.5. Market size and forecast, by deployment
7.5.6. Market size and forecast, by end user
7.5.7. Latin America
7.5.8. Middle East
7.5.9. Africa

CHAPTER 8 COMPANY PROFILES

8.1. AMAZON WEB SERVICES, INC.

8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Product portfolio
8.1.5. Business performance
8.1.6. Key strategic moves and developments

8.2. CA, INC.

8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating Segments
8.2.4. CA Inc.: Product Portfolio
8.2.5. Business performance
8.2.6. key Strategic moves and developments

8.3. DELL EMC

8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Operating Segments
8.3.4. Product portfolio
8.3.5. Business performance
8.3.6. key Strategic moves and developments

8.4. GOOGLE INC.

8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating Segments
8.4.4. Product portfolio
8.4.5. Business performance
8.4.6. key Strategic moves and developments

8.5. HP INC.

8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating Segments
8.5.4. HP Inc.: Product Portfolio
8.5.5. Business performance
8.5.6. key Strategic moves and developments

8.6. IBM CORPORATION

8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Operating business segments
8.6.4. Product portfolio
8.6.5. Business performance
8.6.6. Key strategic moves and developments

8.7. MICROSOFT CORPORATION

8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Operating Segments
8.7.4. Product portfolio
8.7.5. Business performance
8.7.6. key Strategic moves and developments

8.8. ORACLE CORPORATION

8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Operating Segments
8.8.4. Product portfolio
8.8.5. Business performance
8.8.6. key Strategic moves and developments

8.9. RED HAT INC.

8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Operating Segments
8.9.4. Product portfolio
8.9.5. Business performance
8.9.6. key Strategic moves and developments

8.10. VERSIONONE, INC.

8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Operating Segments
8.10.4. Product portfolio
8.10.5. Business performance
8.10.6. key Strategic moves and developments

LIST OF TABLES

TABLE 1. GLOBAL DEVOPS MARKET REVENUE, BY SOLUTION, 2016-2023 ($MILLION)
TABLE 2. MONITORING & PERFORMANCE MANAGEMENT DEVOPS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 3. LIFECYCLE MANAGEMENT DEVOPS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 4. LIFECYCLE MANAGEMENT DEVOPS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 5. DELIVERY & OPERATIONS MANAGEMENT DEVOPS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 6. DELIVERY & OPERATIONS MANAGEMENT DEVOPS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 7. GLOBAL DEVOPS MARKET REVENUE, BY DEPLOYMENT MODEL, 2016-2023 ($MILLION)
TABLE 8. CLOUD DEVOPS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 9. ON-PREMISES DEVOPS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 10. GLOBAL DEVOPS MARKET REVENUE, BY USER TYPE, 2016-2023 ($MILLION)
TABLE 11. SME DEVOPS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 12. LARGE ENTERPRISES DEVOPS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 13. DEVOPS MARKET BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 14. NORTH AMERICA DEVOPS MARKET BY COUNTRY, 2016-2023 ($MILLION)
TABLE 15. NORTH AMERICA DEVOPS MARKET BY SOLUTION, 2016-2023 ($MILLION)
TABLE 16. NORTH AMERICA DEVOPS MARKET BY DEPLOYMENT, 2016-2023 ($MILLION)
TABLE 17. NORTH AMERICA DEVOPS MARKET BY END USER, 2016-2023 ($MILLION)
TABLE 18. EUROPE DEVOPS MARKET BY COUNTRY, 2016-2023 ($MILLION)
TABLE 19. EUROPE DEVOPS MARKET BY SOLUTION, 2016-2023 ($MILLION)
TABLE 20. EUROPE DEVOPS MARKET BY DEPLOYMENT, 2016-2023 ($MILLION)
TABLE 21. EUROPE DEVOPS MARKET BY END USER, 2016-2023 ($MILLION)
TABLE 22. ASIA-PACIFIC DEVOPS MARKET BY COUNTRY, 2016-2023 ($MILLION)
TABLE 23. ASIA-PACIFIC DEVOPS MARKET BY SOLUTION, 2016-2023 ($MILLION)
TABLE 24. ASIA-PACIFIC DEVOPS MARKET BY DEPLOYMENT, 2016-2023 ($MILLION)
TABLE 25. ASIA-PACIFIC DEVOPS MARKET BY END USER, 2016-2023 ($MILLION)
TABLE 26. LAMEA DEVOPS MARKET BY REGION, 2016-2023 ($MILLION)
TABLE 27. LAMEA DEVOPS MARKET BY SOLUTION, 2016-2023 ($MILLION)
TABLE 28. LAMEA DEVOPS MARKET BY DEPLOYMENT, 2016-2023 ($MILLION)
TABLE 29. LAMEA DEVOPS MARKET BY END USER, 2016-2023 ($MILLION)
TABLE 30. AMAZON WEB SERVICE INC.: COMPANY SNAPSHOT
TABLE 31. AMAZON WEB SERVICES INC.: OPERATING SEGMENTS
TABLE 32. AMAZON WEB SERVICES, INC.: PRODUCT PORTFOLIO
TABLE 33. CA INC.: COMPANY SNAPSHOT
TABLE 34. CA INC.: OPERATING SEGMENTS
TABLE 35. DELL EMC: COMPANY SNAPSHOT
TABLE 36. DELL EMC: OPERATING SEGMENTS
TABLE 37. GOOGLE INC.: COMPANY SNAPSHOT
TABLE 38. GOOGLE INC.: OPERATING SEGMENTS
TABLE 39. HP INC.: COMPANY SNAPSHOT
TABLE 40. HP INC.: OPERATING SEGMENTS
TABLE 41. IBM CORPORATION: COMPANY SNAPSHOT
TABLE 42. IBM CORPORATION: OPERATING SEGMENTS
TABLE 43. IBM CORPORATION: PRODUCT PORTFOLIO
TABLE 44. MICROSOFT CORPORATION: COMPANY SNAPSHOT
TABLE 45. MICROSOFT CORPORATION: OPERATING SEGMENTS
TABLE 46. ORACLE CORPORATION: COMPANY SNAPSHOT
TABLE 47. ORACLE CORPORATION: OPERATING SEGMENTS
TABLE 48. RED HAT INC.: COMPANY SNAPSHOT
TABLE 49. RED HAT INC.: OPERATING SEGMENTS
TABLE 50 VERSIONONE, INC.: COMPANY SNAPSHOT
TABLE 51. VERSIONONE, INC.: OPERATING SEGMENT

LIST OF FIGURES

FIGURE 1. MARKET SEGMENTATION: DEVOPS MARKET
FIGURE 2. TOP WINNING STRATEGIES, 2015-2017 (%)
FIGURE 3. TOP WINNING STRATEGIES, 2015-2017
FIGURE 4. TOP INVESTMENT POCKETS
FIGURE 5. TOP IMPACTING FACTORS
FIGURE 6. LOW-TO-MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 7. MODERATE-TO-HIGH BARGAINING POWER OF BUYERS
FIGURE 8. LOW THREAT OF SUBSTITUTES
FIGURE 9. HIGH THREAT OF NEW ENTRANTS
FIGURE 10. HIGH COMPETITIVE RIVALRY
FIGURE 11. PLAYER POSTIONING, 2016
FIGURE 12. DRIVERS, RESTRAINTS, AND OPPORTUNITIES
FIGURE 13. GLOBAL DEVOPS MARKET, BY SOLUTION
FIGURE 14. GLOBAL DEVOPS MARKET, BY DEPLOYMENT
FIGURE 15. GLOBAL DEVOPS MARKET, BY END USER
FIGURE 16. DEVOPS MARKET BY REGION, MARKET SHARE AND CAGR
FIGURE 17. NORTH AMERICA DEVOPS MARKET, 2016-2023 ($MILLION)
FIGURE 18. U.S. DEVOPS MARKET, 2016-2023 ($MILLION)
FIGURE 19. CANADA DEVOPS MARKET, 2016-2023 ($MILLION)
FIGURE 20. MEXICO DEVOPS MARKET, 2016-2023 ($MILLION)
FIGURE 21. EUROPE DEVOPS MARKET, 2016-2023 ($MILLION)
FIGURE 22. UK DEVOPS MARKET, 2016-2023 ($MILLION)
FIGURE 23. GERMANY DEVOPS MARKET, 2016-2023 ($MILLION)
FIGURE 24. FRANCE DEVOPS MARKET, 2016-2023 ($MILLION)
FIGURE 25. ITALY DEVOPS MARKET, 2016-2023 ($MILLION)
FIGURE 26. REST OF EUROPE DEVOPS MARKET, 2016-2023 ($MILLION)
FIGURE 27. ASIA-PACIFIC DEVOPS MARKET, 2016-2023 ($MILLION)
FIGURE 28. CHINA DEVOPS MARKET, 2016-2023 ($MILLION)
FIGURE 29. SINGAPORE DEVOPS MARKET, 2016-2023 ($MILLION)
FIGURE 30. JAPAN DEVOPS MARKET, 2016-2023 ($MILLION)
FIGURE 31. AUSTRALIA DEVOPS MARKET, 2016-2023 (MILLION)
FIGURE 32. REST OF ASIA-PACIFIC DEVOPS MARKET, 2016-2023 ($MILLION)
FIGURE 33. LAMEA DEVOPS MARKET, 2016-2023 ($MILLION)
FIGURE 34. LATIN AMERICA DEVOPS MARKET, 2016-2023 ($MILLION)
FIGURE 35. MIDDLE EAST DEVOPS MARKET, 2016-2023 ($MILLION)
FIGURE 36. AFRICA DEVOPS MARKET, 2016-2023 ($MILLION)
FIGURE 37. AMAZON WEB SERVICES, INC.: REVENUE, 2014-2016 ($MILLION)
FIGURE 38. CA TECHNOLOGIES: REVENUE, 2014-2016 ($MILLION)
FIGURE 39. EMC CORPORATION: REVENUE, 2014-2016 ($MILLION)
FIGURE 40. GOOGLE, INC.: REVENUE, 2014-2016 ($MILLION)
FIGURE 41. HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP: REVENUE, 2014-2016 ($MILLION)
FIGURE 42. IBM CORPORATION: REVENUE, 2014-2016 ($MILLION)
FIGURE 43. MICROSOFT CORPORATION: REVENUE, 2014-2016 ($MILLION)
FIGURE 44. ORACLE CORPORATION: REVENUE, 2014-2016 ($MILLION)
FIGURE 45. RED HAT, INC.: REVENUE, 2014-2016 ($MILLION)
FIGURE 46. VERSIONONE, INC.: REVENUE, 2014-2016 ($MILLION)

 
 

The global DevOps market is expected to grow at a significant rate of 18.7% from 2017 to 2023. DevOps has emerged from two IT trends named “agile system administration” and “agile operations” to offer bimodal software solutions to end users. Increase in demand of automated software by large and small & medium enterprises (SMEs) fuel the market growth during forecast period. Furthermore, DevOps enables end users to maximize the efficiency & security of operational process to reduce the operational cost. As, Platform as- a- Service (PaaS) is gaining traction among DevOps methodologies, the demand for DevOps tools has increased significantly over the years. In addition, enhancement in operational effectiveness and demand for automated business process implementation among enterprises from various industry verticals such as manufacturing, retail, banking, and others are expected to enhance the market growth during the forecast period.

The global DevOps market is expected to reach $9,407 million by 2023. The cloud segment was the highest contributor in the global DevOps market in 2016, in terms of revenue, and is expected to witness the highest growth rate during the forecast period due to adoption of cloud operations by key market players. The market in North America accounted for the highest share of revenue in 2016, followed by Europe. The Asia-Pacific DevOps market is anticipated to grow at the highest growth rate during the forecast period.

The key market players in the global DevOps industry have adopted various strategies, such as product launches, partnerships, business expansions, promotional activities, and strategic alliances, to create awareness about the technology and increase their adoption across various verticals.

 
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