The latest report published by IMARC Group, titled “DevOps Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, offers a comprehensive analysis of the industry, which comprises insights on the Global DevOps market trends. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global DevOps market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 21% during 2021-2026. 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.
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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 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.
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
- 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
Also Read Full Blog: Top DevOps Companies in the World
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 (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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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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