The DevOps platform market share is expected to grow at a CAGR of 24.5% between 2022 and 2027. The reduced delivery time and the increased adoption of Infrastructure as code (IAC) provide a promising ground for the DevOps platform market.
Most IT departments are under pressure as customers demand faster service delivery. DevOps tools help in increasing the effectiveness of operating conditions of an IT environment. Redundant tasks such as running codes for quality checks several times are almost eliminated with the use of DevOps. DevOps helps in the useful employment of manpower for core processes rather than on repetitive tasks
Technavio’s analysis on the “DevOps Platform Market” projects that the market share is expected to increase by USD 25,113.89. million at an accelerating CAGR during 2023-2027. The report includes historic market data from 2017 to 2021. In 2017, the market was valued at USD 2873.70 Million.
Browse Technavio's 165-page report and in-depth TOC on "DevOps Platform Market by end-user (IT, BFSI, telecommunication, retail, and others), component (solutions and software), and geography (North America, Europe, APAC, South America, and Middle East and Africa).
View detailed Table of Contents Here: https://www.technavio.com/report/devops-platform-market-industry-analysis
The DevOps platform market is segmented by end-user (IT, BFSI, telecommunication, retail, and others), component (solutions and software), and geography (North America, Europe, APAC, South America, and Middle East and Africa).
The market share growth by the IT segment will be significant during the forecast period. The extensive development of IT software and adoption of cloud platforms, owing to transforming business processes across the globe, will propel the growth of this market segment through the forecast period.
The Technical glitches during DevOps application deployment are a major challenge to the global development to operations platform market growth. The fear of uncertainty on the developed application running in the production or live environment hampers the ability to justify the usefulness of the DevOps platform, which will hinder the market growth during the forecast period.
The market structure is fragmented, and the vendors are implementing various strategies such as technological innovations to compete in the market.
Some of the major DevOps platform market vendors are Accenture Plc, Alphabet Inc., Amazon.com Inc., Atlassian Corp. Plc, Broadcom Inc., Cigniti Technologies Ltd., Cisco Systems Inc., CloudBees Inc., Dell Technologies Inc., Digital.ai Software Inc., HashiCorp Inc., Hewlett Packard Enterprise Co., Infosys Ltd., International Business Machines Corp., Microsoft Corp., Open Text Corp., Oracle Corp., Progress Software Corp., Rackspace Technology Inc., and Red Hat Inc.
accenture.com - The company offers a DevOps platform that includes preconfigured tools, test environments, automation blueprints, leading practices, and security features.
amazon.com- The company offers DevOps platforms such as AWS DevOps.
atlassian.com- The company offers DevOps platforms such as Open DevOps, with Jira Software, Confluence, Bitbucket, and Opsgenie.
Download the PDF Sample Report for highlights on the market size, growth momentum, regional growth opportunities, vendor analysis, and other factors influencing the market growth.
Precise market size estimation during the forecast period 2023-2027.
CAGR of the DevOps platform market forecast during 2023-2027.
Market-level data on units, average selling prices, and values of the DevOps platform market share.
Prediction of the upcoming trends, drivers, and factors that challenge the DevOps platform market.
DevOps platform market growth across North America, Europe, APAC, South America, and Middle East and Africa.
