Rapid Agile Adoption Boosts the Growth of the Global DevOps Market

DevOps Market Overview

DevOps is a new paradigm within the IT sector which helps to streamline the working between Development and Operations team. Augmenting need to support dynamic business needs is forcing IT enterprises to change the way they build and deliver applications. To keep pace with the high-velocity business environment, DevOps are increasingly becoming an essential part of a large number of organizations. Observing the current scenario, Market Research Future (MRFR) projects the global DevOps market to expand rapidly and generate high growth revenue over the coming years. The DevOps market is experiencing strong growth trends. Traditional software delivery approach is limited by the distinct gap that that exists between development and operations team. Enterprises of different sizes are rapidly adopting DevOps to bridge this gap which is a key driver of the market. Growing acceptance of agile methodology has a catalyzing effect on the growth of the global DevOps market. Shortcomings of the agile approach such as missed deadlines or incompatibility arise from missed cooperation between Development and IT operations team, and thus, DevOps serves as a perfect solution to fill those gaps. 

The shift to mobile applications presents developers with challenges of specific hardware, operating system, network connectivity, and other issues. Strong business motives to deliver mobile applications to market quickly further spurs the adoption of DevOps. Demand for improved operational efficiency across various industry verticals such as manufacturing, healthcare, banking, government and others are expected to boost the growth of the market.  However, the global DevOps market is likely to be met by a few bottlenecks which can hinder the growth of the market. Substantial costs associated with initial implementation of DevOps. Moreover, DevOps transformation is challenged to concurrently manage culture, process, tooling, architecture, organization, and security which requires significant investment in effort, time and expertise which is expected to impede the growth of the DevOps market.

Segmentation

The global DevOps market has been segmented based on solution, deployment, organization size, and industry verticals. By solution, the market has been segmented into Monitoring and performance management, lifecycle management, analytics, delivery & operations management, and testing & development.

By deployment, the market has been segmented into on-premise and on-cloud. The on-cloud segment has been further segmented into public cloud, private cloud, and hybrid cloud.

By organization size, the market has been segmented into small and medium-sized enterprises (SMEs), and large enterprises.

By industry verticals, the market has been segmented into retail, BSFI, information and telecommunication technology enabled services (ITES), media & entertainment, manufacturing, healthcare, and government & public sector.

Regional Analysis

The key markets of the global DevOps market include North America, Europe, Asia Pacific, and the Rest of the World. North America is a significant growth pocket and is driven by the robust economy, early adoption of new technologies and concentration of key players in the region. Europe too is a worthwhile market for DevOps followed by Asia Pacific. Asia Pacific market is expected to exhibit considerable growth over the next couple of years owing to rising demand for digital services, improving network connectivity, penetration of mobile devices and high investment on the improvement of IT infrastructure. Growing number of IT SMEs in the region also fuels the growth of the Asia Pacific market.

Competitive Analysis

Some major players operating in the global DevOps market include XebiaLabs (US),

Rackspace (US), VersionOne, Inc., Electric Cloud (US), EMC Corporation, Google, Inc., CollabNet (US), Puppet Labs, Inc. (the U.S.), Red Hat, Inc. (the U.S.), Perforce (US), IBM Corporation, Micro Focus (UK), RapidValue (US), CFEngine (US), Hewlett Packard Enterprise Development LP, Docker, Inc., Clarive (Spain), Oracle Corporation, Clarizen, Inc, GitLab (US), TO THE NEW (India), Chef, Inc., CA Technologies (the U.S.), OpenMake Software (US), Amazon Web Services, Inc.,

Atlassian (Australia), Cisco Systems, Inc., Cigniti (India), Microsoft Corporation, and HashiCorp (US).