Devsecops Market Size to grow by USD 14002.3 million between 2024-2028

The Devsecops Market is segmented by Component (Software and Service), Deployment (On-premise and Cloud), and Geography (North America, APAC, Europe, South America, and Middle East and Africa). As per the Global Forecast research report 2024-2028 published by Technavio, the market size is estimated to grow by USD 14002.3 million, at a CAGR of 37.12% during the forecast period. There are several companies that are contributing to the market as per this report. Increasing penetration of IoT and distributed denial-of-service (DDoS) attacks .

By Component, the Software segment is projected to dominate the market size in 2024

The DevSecOps market is experiencing significant growth due to the increasing recognition of the need for integrating security into the software development lifecycle. Companies are investing in DevSecOps solutions to enhance their security posture, reduce vulnerabilities, and accelerate time-to-market. DevSecOps automates security testing, enabling continuous integration and delivery, and fosters a culture of security collaboration between development and operations teams. This results in more secure applications and reduced risk for businesses.

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By Deployment, On-premise segment is expected to hold the largest market size for the year 2024

The DevSecOps market is experiencing significant growth due to the increasing recognition of security as a crucial component in the software development lifecycle. Companies are investing in DevSecOps solutions to enhance their security posture, reduce vulnerabilities, and accelerate the release of secure software. DevSecOps integrates security into the development process, enabling continuous security testing, automation, and collaboration between development, security, and operations teams. This approach not only improves security but also increases efficiency and reduces time-to-market for new applications. The global DevSecOps market is projected to reach USD15.4 billion by 2023, growing at a CAGR of 22.2% during the forecast period.

Why is North America forecasted to hold the largest regional market size in 2024?

The DevSecOps market is experiencing significant growth due to the increasing recognition of security as a critical component in the software development lifecycle. Companies are investing in DevSecOps solutions to integrate security testing and practices early in the development process, reducing vulnerabilities and mitigating risks. This approach not only enhances security but also accelerates the release cycle, ensuring compliance with industry regulations. DevSecOps tools and services enable automation, collaboration, and continuous integration, providing a competitive edge in today's digital landscape.

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Research Analysis Overview

The DevSecOps market is experiencing significant growth as automation adoption becomes a priority for IT modernization efforts in large, medium, and small enterprises. With the increasing number of deployment environments, especially in cloud computing, team collaboration is crucial to ensure security. However, security breaches, data breaches, and cybercrimes continue to pose a threat, making DevSecOps practices essential. Key players in the DevSecOps market include Synopsys, Riverbed Technology, PaloAltoNetworks, CA Technologies, NewContext, Capado, and others. These companies provide solutions that leverage machine learning and artificial intelligence to enhance security. The insurance, banking, telecommunication, IT, and Internet of Things industries are major adopters of DevSecOps due to their large attack surface and the sensitivity of their data. With the advent of 5G, the need for robust DevSecOps practices is more critical than ever. Companies must invest in advanced security solutions to protect against evolving threats and ensure business continuity.

Market Research Overview

The DevSecOps market is a significant segment within the expansive IT software industry, encompassing organizations specializing in application and systems software development and production. This sector also houses providers of database management software. The global systems software market encompasses businesses engaged in application development and management, cloud computing, data centers, hosting, IT management, mobility, networking, security, and storage software creation. Notably, it excludes entities involved in home entertainment software production. According to Technavio, the market size for systems software is determined by the consolidated revenue generated by companies offering all types of software solutions, including cloud-based services. - The Devsecops Market is experiencing significant growth, fueled by the . Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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