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2023
Devsecops Market

DevSecOps Market

Size, Share, Competitive Landscape and Trend Analysis Report by Component (Solution, Services), by Deployment Type (On-premises, Cloud), by Organization Size (Large Enterprises, SMEs) and by Industry Vertical (BFSI, IT and Telecom, Government and Public Sector, Manufacturing, Energy and Utilities, Media and Entertainment, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

Report Code: A11541
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DevSecOps is the abbreviation for development, security, and operations. Previously, security to the software was added at the end of the software development cycle. In addition, development and testing of the security were done to separate team’s security and quality assurance team. However, in agile methodology, this approach was not possible as it would create a bottleneck at the end of each development cycle. DevSecOps is a development approach that builds security in the process and automates the core security. Furthermore, in DevSecOps, the automated integration of security is done in all different phases of software development life cycle (SDLC) and not just added in the end of development.

COVID-19 Impact Analysis

  • The emergence of COVID-19 has a great impact on all industries across the globe. Furthermore, lockdown and restrictions have forced the people to work from home due to which many regions across the world have witness a 25% increase in web traffic.
  • Moreover, extensive use of conferencing applications, such as Zoom, Skype, and Microsoft Teams, are benefitting from growing usage while other technologies, such as virtual private networks (VPNs), cyber security, and data security, will witness a surge as most workforces are operating remotely.
  • It is expected that the U.S. and global tech market growth was slowing down to nearly 2% in 2020, due to which ICT spending in major economies, such as the U.S., declined in the first half of 2020.
  • In the medium-to-long run, the COVID-19 technology impact may be extremely positive. Everyone is forced to embrace new technologies and discover their benefits. Additional investments in digital infrastructure can be expected.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

The changing priority of a company for improved security quality and resilience is the key driving factor of DevSecOps. Furthermore, the simultaneously working of development of software and automation of security reduces the time to bring the technology to the market. DevSecOps uses artificial intelligence and machine learning to automate many of its processes. Adopting DevSecOps helps the organization to address the business needs faster along with maintaining stable operations and keeping the enterprises secure. Moreover, many organizations have started adopting DevSecOps platform.

However, many try to get perfect security at every single stage of the development. This process requires time and patience but, many organizations give up due to long time wastage. Furthermore, DevSecOps technology integration and continuous development process of the security should be done simultaneously. Adding security features after DevOps is challenging as getting new DevOps tools to be compatible with the old security method is difficult.

Moreover, many organizations are still in the early stage of development of the market and are adopting different strategies to increase their market growth and boost their DevSecOps market size. For instance, Red Hat was acquired by IMB in 2018 to increase its market share in the DevSecOps industry.

Key benefits of the report:

  • This study presents the analytical depiction of the DevSecOps market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the DevSecOps market share.
  • The current market is quantitatively analyzed to highlight the DevSecOps market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed DevSecOps market analysis on the basis of competitive intensity and how the competition will take shape in coming years

Questions answered in the DevSecOps market research report:

  • Which are the leading market players active in the DevSecOps market?
  • What are the detailed impacts of COVID-19 on the market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the DevSecOps market?
  • What are the projections for the future that would help in taking further strategic steps?

DevSecOps Market Report Highlights

Aspects Details
By Component
  • Solution
  • Services
By Deployment Type
  • On-premises
  • Cloud
By Organization Size
  • Large Enterprises
  • SMEs
By Industry Vertical
  • BFSI
  • IT and Telecom
  • Government and Public Sector
  • Manufacturing
  • Energy and Utilities
  • Media and Entertainment
  • Others
By Region
  • North America  (U.S., Canada)
  • Europe  (France, Germany, Italy, Spain, UK, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players Google LLC, Synopsys, Inc., Cloudflare, Inc., Array Networks, Dialogic, CA Technologies, MicroFocus, Riverbed Technology, Inc., IBM Corporation, Microsoft Corporation
 

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