Devops Market Analysis Report 2022-2027: Industry Current Trends, Growth, Future Demand, Top Companies Share, Size and Forecast

According to the latest report by IMARC Group, titled “DevOps Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global DevOps market reached a value of US$ 7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 26 Billion by 2027, exhibiting a CAGR of 24.6% during 2022-2027.  DevOps includes the combination of development and operations that facilitates collaboration, integration, communication and automation. These solutions help in bringing software development and IT operations together for increasing an organization’s speed to deliver applications and streamline software development with IT operations. Its deployment makes the entire process more efficient and expedites time-to-market. As a result, it is widely utilized by various sectors, such as retail, banking, financial services, insurance (BFSI), IT and telecommunication, healthcare, and others.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.

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Global DevOps Market Trends:

The global market is majorly driven by the widespread adoption of automated software solutions by small and medium enterprises (SMEs) and large enterprises. Due to the flexibility, agility, and fast application delivery offered by devOps, it is gaining prominence across the corporate sector. Moreover, the growing integration of Artificial Intelligence (AI) and Machine Learning (ML) with devOps is significantly contributing to the market growth. Besides this, rapid digitization, increasing penetration of Internet of Things (IoT) and continuous improvements in network infrastructure are creating a positive outlook for the market.

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Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.

• IBM
• Microsoft
• Oracle
• CA Technologies
• Google
• Cisco Systems
• Amazon Web Services
• Cigniti Technologies
• Hewlett Packard Enterprise Company
• EMC Corporation
• VersionOne
• Micro Focus
• Puppet
• Red Hat
• GitLab
• Chef Software
• Docker Inc.
• Atlassian

Market Breakup by Type:

• Solutions
• Services

Market Breakup by Deployment Model:

• Public Cloud
• Private Cloud
• Hybrid Cloud

Market Breakup by Organization Size:

• Large Enterprises
• Medium-Sized Enterprises
• Small-Sized Enterprises

Market Breakup by Tools:

• Development Tools
• Testing Tools
• Operation Tools

Market 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

Market Breakup by Region:

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America

Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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