Worldwide DevOps Software Tools Market Shares, 2021: Record Year for Mergers and Acquisitions Fosters Expansion and Innovation

Worldwide DevOps Software Tools Market Shares, 2021: Record Year for Mergers and Acquisitions Fosters Expansion and Innovation

This IDC study provides a competitive analysis of vendor market shares for the worldwide DevOps software tools market for CY21. For more details regarding this revised market definition, see the Market Definition section and refer to IDC's Worldwide DevOps Software Tools Taxonomy, 2022 (IDC #US49153922, June 2022).According to Katie Norton, senior research analyst, DevOps and DevSecOps at IDC, "The worldwide DevOps software tools market saw strong double-digit growth in 2021, with revenue totaling $15.9 billion. The 2021 market was impacted by a record number of mergers and acquisitions driven by enterprises' increased demand for platforms that provide tightly integrated DevOps capabilities. In addition, innovative solutions emerged in response to the complexity of deploying applications to modern hybrid infrastructure. Despite worldwide economic challenges, we expect to see continued growth in the market with new innovative entries and more acquisitions and mergers in 2022."

Please Note: Extended description available upon request.