Development and Operations Market is Expected to Reach a Market Value of USD 22.40 Billion by 2028 with Constant CAGR 17.4%

Development and Operations Market

According to the most recent analysis by Emergen Research, the global Development and Operations (DevOps) market size reached USD 6.47 billion in 2020 and is projected to grow at a revenue CAGR of 17.4% over the forecast period.

A set of tools and procedures called “development to operations” is used in businesses to promote communication, automation, integration, and cooperation in software development. Additionally, it helps businesses optimise operational procedures, streamline operations, and increase efficiency and production. Teams from development and operations collaborate closely, share duties, and integrate workflows to eliminate waste and accelerate processes. The two DevOps approaches of continuous integration and streamlined delivery help guarantee the calibre of application upgrades and infrastructure improvements that dependably offer services more quickly and preserve an excellent end-user experience.

DevOps is anticipated to grow in popularity due to increased cloud use, quick application delivery, developments in artificial intelligence, and software automation. Even though the COVID-19 pandemic outbreak significantly disrupted company operations in many places, this was also a moment when demand for DevOps services rose. The reason for this was attributed to an unanticipated increase in demand for software and web-based applications as businesses rushed to capitalise on their customers’ increased online presence. It assisted information technology (IT) organisations in developing software solutions by enabling cross-functional teams to be more adaptive and ensuring higher operational efficiency throughout the epidemic.

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Some Key Highlights From the Report :

In 2021, the cloud sector held the biggest market share. To increase productivity, the cloud-based solution enables the outsourcing of IT tasks. The on-demand, real-time capabilities provided by cloud technology include computing, big data and analytics, machine learning, cyber security, application development, and DevOps procedures. This mix of services enables the end user to receive IT that is flexible, agile, and affordable.

Due to the substantial presence of major DevOps providers in the region, including Google LLC, Microsoft Corporation, International Business Machines Corporation, and Amazon.com, Inc., the North American market is anticipated to register a sizable revenue share over the course of the forecast period.

Due to the rising demand for agile development cycles to ensure continuous software development and integration and the adoption of standardised DevOps practises to increase profitability and scalability in large enterprises, the large enterprise segment is anticipated to register a significantly rapid revenue CAGR.

Major companies in the market report include Google LLC, Microsoft Corporation, International Business Machines Corporation, Amazon.com, Inc., Oracle Corporation, Red Hat, Inc., VersionOne Inc., Dell EMC, HP Inc., and Atlassian Corporation Plc.

Emergen Research has segmented global DevOps market on the basis of component, enterprise, application, deployment, and region:

  • Component Outlook (Revenue, USD Billion; 2018–2028)
    • Solutions
      1. Management
        1. Continuous Business Planning
        2. Testing and Development
        3. DevOps Analytics
      2. Delivery
        1. Continuous Integration
        2. Software Delivery Management
      3. Operations
        1. Continuous Deployment
        2. Monitoring & Performance Management
    • Services
      1. Container Services
      2. API Services
      3. Managed Services
      4. Professional Services
  • Enterprise Outlook (Revenue, USD Billion; 2018–2028)
    • Small and Medium Enterprise
    • Large Enterprise
  • Application Outlook (Revenue, USD Billion; 2018–2028)
    • IT
    • BFSI
    • Retail
    • Telecom
    • Government
    • Manufacturing
    • Media & Entertainment
    • Others
  • Deployment Outlook (Revenue, USD Billion; 2018–2028)
    • On premise
    • On Cloud
      1. Public Cloud
      2. Private Cloud
      3. Hybrid Cloud
  • Regional Outlook (Revenue, USD Billion; 2018–2028)
    • North America
      1. US
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. UK
      4. Italy
      5. Spain
      6. Benelux
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Turkey
      5. Rest of MEA

To get leading market solutions, visit the link below: https://www.emergenresearch.com/industry-report/development-and-operations-market

About Emergen Research

Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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