DevOps 2.0 Market: Current Analysis and Forecast (2023-2030)
Emphasis on Components (Solution, [Tools, And Software], and Services); Deployment (On-Premises, and Cloud); Industry (ICT, BFSI, Retail, Government, and Others) and Region/Country
The DevOps 2.0 Market was valued at XX billion in 2022 and is expected to grow at a steady rate of around XX% in the forecasted period (2023-2030) owing to the increasing demand for faster software delivery, enhanced collaboration between development and operations teams, automation of development processes, and the adoption of cloud technologies. DevOps 2.0 extends DevOps principles across the whole company, not just development and IT teams. It encourages collaboration and unity among diverse departments such as QA, Security, Legal, and HR, who work together to create, maintain, and improve software products. The ultimate goal of DevOps 2.0 is to tear down barriers and promote open lines of communication throughout the organization for better outcomes. Moreover, organizations are seeking to improve efficiency, reduce time-to-market, and enhance overall software quality through the implementation of DevOps practices. Also, the growing focus on continuous integration/continuous deployment (CI/CD), containerization, and microservices architecture contributes to the momentum in the DevOps 2.0 market. For instance, according to Puppet’s State of DevOps report, around 80% of organizations have started implementing DevOps practices.
Some of the major players operating in the market include Algoworks Solutions Inc.; CONTINO; Broadcom Inc.; Clarion; PixelCrayons; Accenture.; Capgemini Group.; Xenonstack; Veritis Group Inc.; Appnovation.
Insights Presented in the Report
“Among components, the solutions segment is currently gaining a significant share of the market during forecast period.”
Based on the components, the market is segmented into solutions, and services. The solutions segment is further bifurcated into tools and software. Among these, the solutions segment held a significant share of the global market revenue. This segment comprises tools and software that are designed to streamline and enhance the DevOps processes for organizations. These solutions act as an all-encompassing package that addresses various aspects of DevOps, such as continuous integration, automated testing, deployment, and monitoring. By utilizing these solutions, businesses can effectively manage their software development and operations, enabling faster and more reliable delivery of applications and services. With an array of features and capabilities, these solutions empower organizations to optimize their DevOps workflows, improve collaboration among teams, and ultimately foster innovation and agility in their software development lifecycle.
“Amongst deployment, between clouds segment is currently leading during the forecast period.”
Based on the deployment, the market is bifurcated into on-premises and clouds. Among these, the cloud segment emerges as the frontrunner in shaping the market. Cloud deployment has taken center stage due to its inherent advantages in scalability, flexibility, and accessibility. Organizations are gravitating towards cloud-based DevOps solutions to leverage the power of on-demand resources, allowing for rapid development, testing, and deployment. Moreover, cloud-based DevOps facilitates collaboration among distributed teams by offering a centralized platform accessible from anywhere, fostering a more efficient and collaborative development and operations environment. As businesses continue to embrace digital transformation, the cloud’s dominance in the DevOps 2.0 market underscores its pivotal role in driving innovation and operational excellence.
“North America to hold a significant share in the market.”
DevOps 2.0 is experiencing robust growth and heightened demand in the North American market. Companies are increasingly recognizing the value of streamlined collaboration between development and operations teams to enhance software delivery and overall efficiency. Moreover, the emphasis on automation, continuous integration, and continuous delivery has fueled the adoption of DevOps practices, in North America, where organizations seek to stay competitive in the rapidly evolving tech landscape. As businesses strive for faster, more reliable software deployment, the demand for skilled DevOps professionals and advanced toolsets continues to escalate, making it a pivotal aspect of the region’s IT landscape.
DevOps 2.0 Market Report Coverage
Reasons to buy this report:
- The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
- The report presents a quick review of overall industry performance at one glance.
- The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments.
- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
- The study comprehensively covers the market across different segments.
- Deep dive regional level analysis of the industry.
Customization Options:
The global DevOps 2.0 market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to contact us to get a report that completely suits your requirements.
Table of Contents
Research Methodology for the DevOps 2.0 Market Analysis
(2023-2030)
Analyzing the historical market, estimating the current market, and forecasting the future market of the global DevOps 2.0 market were the three major steps undertaken to create and analyze the adoption of DevOps 2.0 market in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global DevOps 2.0 market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the DevOps 2.0 Market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the DevOps 2.0 Market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as components, deployment, and industry. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the DevOps 2.0 market. Further, we conducted factor analysis using dependent and independent variables such as various components, deployment, and industry DevOps 2.0 market. A thorough analysis was conducted of demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the DevOps 2.0 market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global DevOps 2.0 Market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2030 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
- The industry’s market size, in terms of revenue (USD) and the adoption rate of the DevOps 2.0 Market across the major markets domestically
- All percentage shares, splits, and breakdowns of market segments and sub-segments
- Key players in the global DevOps 2.0 Market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market.
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global DevOps 2.0 market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of components, deployment, and industry in the global DevOps 2.0 market.
The main objective of the Global DevOps 2.0 Market Study
The current & future market trends of the global DevOps 2.0 market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
- Analyze the current and forecast market size of the DevOps 2.0 market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments.
- Segments in the study include areas of components, deployment, and industry.
- Define and analysis of the regulatory framework for the DevOps 2.0 market industry.
- Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
- Analyze the current and forecast market size of the DevOps 2.0 market for the major region.
- Major countries of regions studied in the report include Asia Pacific, Europe, North America, and the Rest of the World.
- Company profile of the DevOps 2.0 market and the growth strategies adopted by the market players to sustain in the fast-growing market.
- Deep dive regional level analysis of the industry
Frequently Asked Questions FAQs
Q1: What is the current market size and growth potential of the global DevOps 2.0 Market?
Q2: What are the driving factors for the growth of the global DevOps 2.0 Market?
Q3: Which segment has the largest share of the global DevOps 2.0 Market by industry?
Q4: Which region will dominate the global DevOps 2.0 Market?
Q5: Who are the key players operating in the global DevOps 2.0 Market?
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