DevOps Market Size By Component (Solution [Management DevOps, Delivery DevOps, Operation DevOps], Service [Professional Service, Managed Service]), By Deployment Model (On-premise, Cloud [Public Cloud, Private Cloud, Hybrid Cloud]), By Organization Size,

DevOps Market Size By Component (Solution [Management DevOps, Delivery DevOps, Operation DevOps], Service [Professional Service, Managed Service]), By Deployment Model (On-premise, Cloud [Public Cloud, Private Cloud, Hybrid Cloud]), By Organization Size, Application & Global Forecast, 2023 - 2032

DevOps Market is poised to witness robust growth from 2023 to 2032, owing to the escalating need for reducing the software development cycle and accelerating delivery. DevOps emphasizes communication, collaboration, and integration between development and operations teams to enable quick and reliable software delivery, a major factor contributing to the rising product demand.

Furthermore, the increasing focus of enterprises on reducing IT capital expenditure is likely to support industry growth, as enterprises are becoming price-sensitive to reduce IT spending and invest in core business growth, the importance of DevOps is increasing.

DevOps helps organizations in continuous software development and lower the expenses associated with software development, deployment, and monitoring. In addition, the increasing number of cloud providers has improved the initial development setup and software maintenance, and the growing popularity of public clouds will enhance the cost-saving benefits.

The DevOps market is segmented based on organization, application, and region.

As per the organization, the large enterprise segment held a sizable share of the DevOps market in 2022 and is expected to grow substantially between 2023 and 2032, driven by the high demand for DevOps solutions and services due to multiple product developments and teams.

The presence of several teams necessitates effective coordination and an organizational shift towards agile practices, accomplished via DevOps solution, which has resulted in the growing adoption rate of these technologies. Microsoft Corporation, for example, includes several business segments, including Windows, Azure, and Office. For the development and implementation of timely updated solutions, the organization uses DevOps and agile practices.

The DevOps market from the IT & telecom application segment amassed significant revenue in 2022 and is projected to expand further through 2032. Many ISPs and telecom providers are replacing traditional network software with novel, agile software development approaches to accelerate 5G rollouts. As SDN and SD-WAN become more prevalent in 5G deployments, programmable network software, and centrally managed applications become more common. DevOps solutions are expected to boost the usage of containerized technologies operating on virtualized machines for high-performance network infrastructure.

The Asia Pacific DevOps market is estimated to amass more than 15 billion in 2032 attributed to the extensive digitization across industry verticals, especially IT and telecom. With an increasing demand for faster software development and relatively simple updates to current installations, there is a greater emphasis on rapid IT service provision through corporate adoption of lean and agile practices, owing to which industry players are expanding their services across APAC.

To cite an instance, GitLab, a DevOps platform provider, strengthened its channel ambitions in Asia Pacific by including Tech Data as a local distributor. Tech Data will provide GitLab's DevSecOps platform to Australia, New Zealand, Malaysia, Singapore, India, Vietnam, Japan, and Indonesia as a part of the arrangement.