Global Continuous Integration Tools Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The global continuous integration tools market was valued at USD 682.33 million in 2020, and it is expected to reach a value of USD 1,884.11 million by 2026, registering a CAGR of 18.22% over the forecast period, 2021 - 2026. Due to the COVID-19 pandemic, several businesses have their employees working from home, and the need to adopt CI tools for developers has increased substantially. Companies have been increasingly moving their apps to the cloud or cloud-based platforms. Such instances have been necessitating the adoption of CI tools in a shorter period. According to Snow Software, a poll from 250 IT leaders globally was taken to understand how the onset of the pandemic affected their cloud adoption plans. The result was an acceleration in the adoption of cloud technologies. Furthermore, 82% of them portrayed ramped-up usage of the cloud as a direct response to the pandemic and the shift to remote working patterns.
Key HighlightsThe competitive landscape of the Continuous Integration Tools Market is expected to move towards fragmentation over the forecast period, owing to the emergence of various new market players, as well as the growth of the existing market players. The new or the small and medium-sized solution providers are increasingly raising funds and making efforts to enter the market seamlessly.
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