DevOps Market Overview:
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.
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.
Global Devops Market Segmentation
The global DevOps market is segmented on the basis of solution, deployment, end user, and geography. 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 user type, it is bifurcated into small medium enterprises (SMEs) and large enterprises. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global DevOps market was valued at $2,885 million in 2016, and is expected to reach at $9,407 million by 2023, growing at a CAGR of 18.7% from 2017 to 2023. The global DevOps market is expected to witness significant growth during the forecast period, owing to significant adoption among industries for better automation of processes.
The North America DevOps market generated the highest revenue in the global market in 2016, owing to surge in economic condition and high adoption of development & operation solutions. In addition, the Asia-Pacific DevOps market is expected to grow at the highest CAGR during the forecast period, owing to rise in demand for the automated software in countries such as Japan, Singapore, and China.
The key players operating in the global DevOps industry 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. These players have expanded their market presence by adopting various business strategies such as, product portfolio expansions, partnerships, and others.
Factors Influencing Devops Market Growth
High Adoption of Automated Software
The need for automated software is increasing due to growth in economic condition of the developing nations. Countries such as India, Brazil, Mexico, Russia, China, and others are expected to witness a higher growth. The need to improve collaboration between operations and development teams has encouraged the need for DevOps solutions.
Improvement in Operational Effectiveness
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.
Significant Shift to Hybrid Cloud as Primary Deployment Model
Low switching cost between private & public cloud models stimulated the demand for hybrid cloud model across several user types, which is anticipated to fuel the DevOps market growth in the near future.
High Cost Of Initial Installment
DevOps experiences a high growth in the ICT industry due to the enhanced focus on rapid IT service delivery through the adoption of agile practices. However, high costs associated with the initial installment of DevOps system restricts the market growth globally.
- In-depth analysis of the global DevOps and dynamics is provided to understand the market scenario.
- Quantitative analysis of the current trends and future estimations from 2017 to 2023 is provided to assist the strategists and stakeholders to capitalize on prevailing opportunities.
- Porter’s Five Forces analysis examines the competitive structure of the market and provides a clear understanding of the factors that influence the market entry and expansion.
- Comprehensive analyses of the trends, sub-segments, and key revenue pockets are provided.
- Detailed analyses of the key players operating in the global DevOps market and their business strategies are anticipated to assist the stakeholders to take informed business decisions.
DevOps Market Key Segments
- Monitoring & Performance Management
- Lifecycle Management
- Delivery & Operations Management
- Testing & Development
By End User
- Small and Medium Sized Enterprises (SMEs)
- Large Enterprises
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East
Key Market Players
- IBM Corporation
- Oracle Corporation
- Amazon Web Services, Inc.
- Hewlett Packard Enterprise Development LP
- Microsoft Corporation
- EMC Corporation
- VersionOne, Inc.
- Red Hat, Inc.
- Google, Inc.
- CA Technologies