QYResearch predicted the global DevOps Platform market will reach $ 5356.24 million by 2022

QYResearch predicted the global DevOps Platform market will reach $ 5356.24 million by 2022 ● Industry Report ●Survey and Research ●Maket Analysis ●Research Report

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Qin Wei Company

QYResearch Center qyresearchglobal.com

DevOps is an approach to software development that enables better collaboration between the development and the operations teams.

Basically, it is a methodology that aims to bridge the gap between developers and operations during software development to facilitate a more productive and efficient workflow.

Ultimately, it enables continuous delivery to benefit the company at large. Tools that facilitate DevOps and support its principles are referred to as DevOps tools. These include API tools, collaboration and organizational tools, configuration management tools, build automation tools, application and infrastructure monitoring tools etc. qyresearchglobal.com

The DevOps Platform industry is relatively fragmented, with top 5 vendors accounting for less than 10 % of the industry share. Puppet Labs is the global largest vendors accounted for 4.512 % of the industry share in 2016. Other key players include Chef, Docker Inc., Red Hat (Ansible), and Atlassian among others.

According to QYR, the global DevOps Platform market will reach $ 5356.24 million by 2022.

North America DevOps Platform market size was valued at around USD 1257.32 million in 2016. Europe is expected to exceed USD 680 million by 2017, at a CAGR of over 9.69 % from 2012 to 2017. Asia-Pacific is estimated to be the third largest market for DevOps Platform in 2016, with 16.10 market share in 2016. The growth rate of Asia-Pacific market is comparable to Europe and close to United States. China, India, Japan and Southeast Asia region plays an important role in this market.

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China is one of the most powerful economies in the world, and even if China's economy is slowing down, it is still a global leader in growth. In China, DevOps implementation is far less than corporate awareness, because of leadership and budget for both reasons. The industry is very fragmented, and the market share by player is very low. In 2017, JFrog Jumpstarts Asian Expansion in China. JFrog already has a significant number of important customers in China and this is just the beginning of JFrog’s growth as local enterprises realize the value of fast software releases and automation. China’s larger enterprises are embracing DevOps, and JFrog is the leading universal solution to accelerate this adoption. Recently, the leading software platform and solution provider PRIMETON announced that the DevOps platform, which is part of the partnership with Wanda Network Technology Group, is nearing completion and will be operational in the near future. PRIMETON is one of the key DevOps supplier in China market.

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In Japan region, there are many small company in this market. And the market is very fragmented. Also, some multinational company, such as IBM, CA Technologies, had entered the Japan market.

Market research firm Gartner pointed out that in 2016, India's IT infrastructure market (including servers, storage and network equipment) will reach $ 2.09 billion, an increase of 3.5% over 2015. In India market, both the multinational and India local player plays an important role.

Southeast Asia is also an key market, because of a lot of China and other region‘s IT company enter into Southeast Asia market. According to our investigation, we think that the multinational companies occupy a certain market position in Southeast Asia market. qyresearchglobal.com

Today, the DevOps trend not only goes beyond technology implementation and management but also focuses on a positive organizational change brought across its processes, cultural shift, and security and compliance aspects of the DevOps platform. Thanks to providing a holistic IT environment for the automation of software development processes, DevOps tools are becoming much more popular within the IT industry, in turn increasing the need for a standardized platform.

Over the next 5 years, the DevOps market looks very positive, with forecasting double-digit growth and a higher adoption rate as larger enterprises begin to understand the benefits DevOps can bring in terms of cost reduction and agility. Citing Gartner research that by 2022 more than 50 percent of enterprise DevOps initiatives would incorporate application security testing for custom code, up from less than 10 percent in 2016. qyresearchglobal.com

The IT, Telecom, BFSI, and retail Sectors have been identified as the key end users of DevOps platforms in this study. In 2016, the IT sector emerged as the biggest consumer of DevOps Platforms, holding a share of approximately 35.68% of the total demand. The Banking, Financial Services and Insurance (BFSI) sector has become an aggressive digital marketer with the use of the mobile channel. QYR researchers expect this trend to maintain its momentum across geographies until the next five years. The need to enable a customer's access to financial services through mobile platforms and continuous engagement of customers drives the demand for DevOps tools in this sector. In addition, growing competitive pressures have also encouraged several established telecom players to drive the uptake of solutions that can reduce time to market and optimize costs. Retailers are embracing advanced IT solutions to transform IT environments and remain competitive in the marketplace, the report states.

Retailers are revamping their front-end and back-end mainframe lifecycle development processes with the help of DevOps in a bid to boost business efficiencies. DevOps platform solutions are helping retailers change the configurations of their software applications quickly in response to evolving consumer needs. qyresearchglobal.com

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