DevOps Market Analysis And Forecast To 2031: By Component (Solution, Service), By Deployment Model (On-premise, Public Cloud, Private Cloud, Hybrid Cloud), By Application (BFSI, IT & Telecom, Healthcare, Retail, Government, Manufacturing, Media & Entertai

DevOps Market Analysis And Forecast To 2031: By Component (Solution, Service), By Deployment Model (On-premise, Public Cloud, Private Cloud, Hybrid Cloud), By Application (BFSI, IT & Telecom, Healthcare, Retail, Government, Manufacturing, Media & Entertainment), And Region

The global DevOps market was valued at USD 7.2 Billion in 2021 and it is anticipated to grow up to USD 35.8 Billion by 2031, at a CAGR of 17.4% during the forecast period.

DevOps is an approach to software development that emphasizes communication and collaboration between software developers and other IT professionals. The goal of DevOps is to shorten the software development life cycle and increase the frequency of software deployments. DevOps is a set of practices that combines software development (Dev) and information technology operations (Ops). DevOps is designed to increase the speed and quality of software development while also reducing the risks involved in software changes.
Global DevOps Market Scope and Report Structure

Market Trends and Drivers
The adoption of software development automation technologies including continuous integration and Continuous Deployment (CI/CD) practices is likely to fuel the industry growth. The evolution of automation technologies across various industry verticals has strengthened the demand for DevOps tools. As software upgrades are becoming increasingly important in a digitally empowered landscape, enterprises are adopting DevOps solutions for quick development and deployment.
Market Restraints and Challenges
The key restraints and challenges in DevOps market are lack of skilled personnel: There is a lack of skilled personnel who are trained in both traditional IT operations and development and are able to work in a DevOps environment. Lack of standardization: There is no standardization in the DevOps market, which makes it difficult for organizations to compare and select the right solutions and vendors. High costs: DevOps solutions and services can be expensive, which can be a barrier for organizations with limited budgets. Implementation challenges: DevOps can be complex to implement and there can be challenges associated with integrating it into existing IT infrastructures.
Global DevOps Market Segmental Overview
The report analyses the global DevOps market based on Component, Deployment Model, Enterprise Size, Application and Region.

Global DevOps Market by Component

By component, the market is segmented into solution, and services. The solutions segment in the United States held more than 65% of the DevOps market share in 2021 and is estimated to exhibit steady growth through 2028. The growing popularity of automated testing and development tools has accentuated the demand for management DevOps solutions. Development & operations analytics is also gaining traction across the country as enterprises are increasingly adopting analytics to streamline the software delivery lifecycle and gain better insights into automated software testing data. For instance, in May 2020, IBM launched an upgraded version of its IBM AIOps solution, which monitors structured & unstructured data of log files and alerts development teams through predictive analytics in case of any unwanted incidents.

Global DevOps Market by Deployment Model

By deployment model, the DevOps market is classified into On-premise, Public Cloud, Private Cloud, and Hybrid Cloud. The on-Premises segment accounted for significant revenue in 2021 driven by the shifting preference of Chinese enterprises toward on-premise hosting of development & operations tools. On-premise solutions offer greater control over enterprise data and better resiliency compared to cloud-based tools. As per the data released by Alibaba Cloud Computing, the Chinese DevOps market is fundamentally different from mature regional markets such as Singapore or ANZ. There is a longstanding preference for enterprise-owned physical assets instead of procuring external services such as outsourcing or managed services.

Global DevOps Market by Application

The application segment of the market is bifurcated into BFSI, healthcare, government, IT & telecom, manufacturing, retail, and others. The IT & telecom sector in Germany captured nearly 30% of the DevOps market share in 2021 owing to rising awareness of the usage of DevOps tools to complement the capabilities of Network Function Virtualization (NFV) technologies. This has propelled German telecom service providers to utilize DevOps processes to manage their container-based networks. The advent of several virtualization technologies including virtual firewalls, traffic routing, and broadband remote server addresses has proliferated the market demand for CI/CD solutions. Infrastructure-as-a-Code (IaaC) coupled with automated-based IT orchestration assists the German IT & telecom industry to efficiently code & pack virtualization processes into containers.
Geographical Analysis of Global DevOps Market
Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Asia-Pacific DevOps market revenue is poised to grow significant CAGR during the forthcoming years. The regional industry is characterized by extensive digitization across sectors, especially the IT & telecom. Moreover, the growing penetration of software automation tools in India and South Korea to deliver efficient software automation across the BFSI & retail sectors has accentuated the market growth. Regional SMEs are rapidly adopting automated software delivery tools to streamline operations and reduce capital expenditure by integrating hybrid cloud solutions with CI/CD tools. This is another major factor contributing to the expanding market presence of DevOps technologies.
Major Players in the Global DevOps Market
The key players in the DevOps market Amazon Web Services, Inc., Broadcom, Dell Technologies, Inc., Google LLC, Hewlett Packard Enterprise Development LP, IBM Corporation, Micro focus, Microsoft Corporation, Oracle Corporation, and Rackspace Technology. among others.
COVID-19 Impact
The COVID-19 pandemic has forced enterprises across public and private sectors to switch to the work-from-home policy, which has led to the increased usage of collaborations and information exchange across various departments. The April 2020 data released by Research Innovation Council, a council of nine leading DevOps enterprises including Microsoft and CloudBees, revealed that about 40% of the organizations identified the lack of agile culture as the biggest barrier in handling technological challenges imposed by the COVID-19 outbreak. DevOps tools assist businesses in achieving this crucial collaboration. The DevOps market is also facing an uptick as organizations quickly adapt to the distributed work environments.
Recent Developments

In November 2021, HSBC has signed a multi-year deal with DevOps platform CloudBees to standardise software delivery for over 23,000 developers globally.
In June 2021 Copado, announced a milestone release as it opens up its platform for true multi-cloud DevOps for enterprise SaaS and low-code development.
In January 2021, Cloudreach Launches DevOps as a Service to Provide Flexible Support for Organizations Driving IT Transformation.
In February 2020, Amazon Web Services invested USD 236 million to build a data center facility in Sao Paulo, Brazil. This investment helped the company to uphold the adoption of cloud-powered DevOps services across public and private enterprises.
In January 2020, CollabNet VersionOne and XebiaLabs Combine to Create Integrated Agile DevOps Platform.

Frequently Asked Questions
Q1. How big is the DevOps market?

Ans. The global DevOps market was valued at USD 7.2 Billion in 2021 and it is anticipated to grow up to USD 35.8 Billion by 2031, at a CAGR of 17.4% during the forecast period.

Q2. What is the DevOps market growth rate?

Ans. The growth rate of the DevOps market is 17.4%

Q3. Which region holds a major market share for the market?

Ans. North America holds a major market share of the DevOps market in 2021.

Q4. Which segment accounted for the largest DevOps market share?

Ans. By application, the BFSI segment accounted for the largest DevOps market share.

Q5. Who are the key players in the kidney stones management market?

Ans. The global DevOps market report includes players such as Amazon Web Services, Inc., Broadcom, Dell Technologies, Inc., Google LLC, Hewlett Packard Enterprise Development LP, IBM Corporation, Micro focus, Microsoft Corporation, Oracle Corporation, and Rackspace Technology, among others.

Q6. What are the factors driving the DevOps market growth?

Ans. The major factors driving the growth of the market are increasing digitization in the banking sector.

Q7. What are the key growth strategies of DevOps market players?

Ans. The key growth strategies of DevOps market players are product launch and product approval.

Q8. Which region will provide more business opportunities for the DevOps market during the forecast period?

Ans. The Asia-Pacific region will provide more business opportunities for the DevOps market during the forecast period.

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