DevOps Market to Perceive Accruals at a Whopping 32% CAGR; MRFR Unleashes the Forecast for 2017-2023
Jul 10, 2019
This report provides extensive research methodology of DevOps Market with micro-level examination of cross-category trends, consumer landscape, latest developments, growth opportunities and challenges. Information is probed by carrying out primary and secondary research in order to deliver up-to-date and accurate market foresight
Pune, India - July 10, 2019 /MarketersMedia/ —
Market Highlights
DevOps term is derived by combining words development (Dev) and information technology operations (Ops) for a set of practices used for the development of software. DevOps shortens the systems development life cycle while delivering features, fixes, and timely updates adhering to business objectives.
In an IT business, business units operate as individual entities in an environment where management, processes, and information are guarded. To break down silos on the software development side, there needs better communication and collaboration to serve the needs of the organization best.
Here, DevOps comes into the picture aiding to break down enterprise silos, manifesting the culture that partners developers with operations staff to ensure the organization achieves optimal running of software with minimal problems. Moving towards a DevOps-based culture is a solution to breaking down silos. DevOps-based culture is one that supports a willingness to work together and share.
Over the past years, the global DevOps market is witnessing a remarkable increase, mainly due to the rapidly growing IT industry. Various small to large scale enterprises are reliant on cloud-based solutions for service virtualization and containerization, this, as a result, is acting as a key driving force behind the expansion of the global DevOps market.
Additional factors, such as the growing demand for digitalization and the rising uptake of the cloud platform, are substantiating the growth of the market. Increasing cloud-based data storage and cloud-based applications alongside, the growing intervention of the Internet of Things (IoT) drive the global DevOps market.
Augmenting demand for the reduction in the cost of process automation set-up & maintenance services improved operational efficiencies foster the growth in the market. Besides, the increasing implementations of automated business process across various industry verticals propel the growth in the global DevOps market.
Conversely, complexities related to the implementation process of DevOps and lacks of standardization are some of the factors expected to obstruct the market growth over the review period. Nevertheless, increasing availability of well-established infrastructure that allows implementation and higher penetration of advanced technologies is expected to support the market growth in the years to come.
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Global DevOps Market – Segments
For a better understanding, the report has been segmented into five key dynamics:
By Solution: Monitoring and Performance Management, Lifecycle Management, Analytics, Delivery & Operations Management, and Testing & Development
By Deployment: On-premise and on-Cloud (Public Cloud, Private Cloud, and Hybrid Cloud)
By Organization Size: Small and Medium-sized Enterprises (SMEs) and Large Enterprise.
By Industry Verticals: Retail, BSFI, Information & Telecommunication Technology Enabled Services (ITES), Media & Entertainment, Manufacturing, Healthcare, Government & Public Sector, Education, Energy & Utilities, Travel and Hospitality, and Transportation & Logistics, among others.
By Regions: Asia Pacific, North America, Europe, and the Rest-of-the-World.
Global DevOps Market – Regional Analysis
The North American region accounts for the significant market for DevOps. The region is a hub for the development and adoption of innovative technologies. The presence of a well-established infrastructure supports market progress, allowing implementations of advanced technologies.
Well-established BFSI industry in this region creates opportunities for the market to grow colossally during the review period.
The US, among other North American countries, accounts for the dominating market in the region. The Europe market for DevOps is a substantially large market in terms of both size and volume.
The Asia Pacific region has emerged a promising market, globally. Factors such as continuous growth in technologies and the presence of key players drive the regional market. China is one of the significant markets in the region. Increasing awareness about technological developments is a key driving force driving the demand in the APAC market.
Global DevOps Market – Competitive Analysis
Competitive by nature, the DevOps market is envisaged to witness intensified competition with more entrants getting attracted to the market. The market appears fragmented due to the presence of a number of key players. Matured players incorporate strategic initiatives such as collaboration, acquisition, product & technology launch, and expansion to gain a competitive edge in the market.
Well-established players focus on new product development initiatives and geographical expansion. Hence, the market is projected to witness constant development and innovations of new products, which resultantly tern in intensifying the competition among the DevOps providers.
Major Players:
Players leading the DevOps market include Oracle Corporation, IBM Corporation, Amazon Web Services, Inc., Microsoft Corporation, Hewlett Packard Enterprise Development LP (US), EMC Corporation, Google, Inc., CA Technologies (US), VersionOne, Inc., Red Hat, Inc. (US), Cisco Systems, Inc., Puppet Labs, Inc. (US), Chef, Inc., Docker, Inc., Atlassian (Australia), Clarizen, Inc, Micro Focus (UK), GitLab (US), Cigniti (India), RapidValue (US), XebiaLabs (US), TO THE NEW (India), CFEngine (US), Electric Cloud (US), CollabNet (US), HashiCorp (US), Perforce (US), Rackspace (US), Clarive (Spain), and OpenMake Software (US), among others.
Industry/Innovation/Related News:
April 9, 2019 --- xMatters (the US), a digital service availability platform that prevents IT issues from becoming business problems, launched a new powerful tool - Flow Designer which allows users to create incident management workflows using a no-code drag-and-drop interface.
xMatters’ Flow Designer brings no-code incident management workflows to the enterprise. The new visual workflow builder allows all teams to synchronize DevOps and IT applications via drag-and-drop, and to create fully-automated toolchains without coding expertise. Flow Designer will also enable organizations to maintain the integrity of data shared across all of their tools and systems.
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Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Website: https://www.marketresearchfuture.com/reports/devops-market-6518
Source: MarketersMedia
Release ID: 88894692
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