Devops Market Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-2028

Report DescriptionAbout IMARC Group

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Global DevOps Market Research Report:

The latest report by IMARC, titled “ DevOps Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” finds that the global DevOps market size reached US$ 8.7 Billion in 2022. DevOps refers to a set of practices that combines software development and operations. It connects the development, technical operations, and quality assurance personnel and provides individuals with clear roles and well-defined inputs and outputs. It also aids in increasing an organization’s speed to deliver applications and serving their customers with enhanced services. DevOps solutions also enable an enterprise to introduce new features, reduce the risk of errors, and break complex code bases into smaller and manageable portions. Owing to these properties, they are extensively utilized for application management, software development and testing, continuous delivery, and product innovation.

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Global DevOps Market Trends :

Nowadays, various organizations and industries are shifting toward automated software deployment, which is more accurate, practical, and involves low maintenance costs as compared to manual procedures. This represents one of the major growth-inducing factor. Besides this, the rising integration of advanced technologies, such as artificial intelligence (AI) and machine learning (ML), with various industrial processes is also contributing to market growth. Moreover, businesses are adopting agile frameworks and cloud technologies to automate several processes. This, coupled with the emergence of advanced concepts such as containerization, platform as a service (PaaS), and service virtualization, is positively influencing the market growth. Furthermore, the growing penetration of the Internet-ofThings (IoT), continual improvements in network infrastructure, and extensive research and development (R&D) activities conducted by key players are some of the other factors creating a favorable market outlook across the globe. Looking forward, IMARC Group expects the market to reach US$ 32.7 Billion by 2028, exhibiting a CAGR of 24.5% during the forecast period (2023-2028).

Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

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Market Summary:

Breakup by Type:

• Solutions

• Services

Breakup by Deployment Model:

• Public Cloud

• Private Cloud

• Hybrid Cloud

Breakup by Organization Size:

• Large Enterprises

• Medium-Sized Enterprises

• Small-Sized Enterprises

Breakup by Tools:

• Development Tools

• Testing Tools

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• Operation Tools

Breakup by Industry Vertical:

• Telecommunications and Information Technology Enabled Services (ITES)

• Banking, Financial Services, and Insurance (BFSI)

• Retail

• Manufacturing

• Healthcare

• Government and Public Sector

• Others

Breakup by Region:

• North America

• Europe

• Asia Pacific

• Middle East and Africa

• Latin America

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Competitive Landscape with Key Players:

Microsoft Corporation

Oracle Corporation

CA Technologies

Google LLC

Cisco Systems

Amazon Web Services

Cigniti Technologies Ltd.

Hewlett Packard Enterprise Company

EMC Corporation

VersionOne Inc.

Micro Focus International PLC

Puppet Inc.

Red Hat Inc.

GitLab Inc.

Progress Chef Software Corporation

Docker Inc.

• Atlassian Corporation PLC

View Full Report with TOC & List of Figure: https://www.imarcgroup.com/devops-market

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