DevOps Market Analysis

DevOps Market Analysis

The DevOps solution market accounted for 5 billion revenue in 2022. Businesses are rapidly shifting from traditional, waterfall software development approaches to more frequent and faster app/software releases. Companies are also focusing on developing new technologies to improve the design and development cycles of new software in line with the increasing demand. For instance, in April 2022, UBiqube, an infrastructure automation solutions company, introduced the launch of Cloudclapp, a continuous delivery tool for DevOps teams targeting applications in hybrid integration.
 

The DevOps market size from the on-premise segment is slated to reach USD 45 billion by 2032, owing to increasing concerns over data privacy in cloud environments. On-premise solutions are a viable option for large enterprises that host their own data centers to implement automation while maintaining high data security levels. To cite an instance, OpsVerse, a DevOps provider, announced the deployment of open-source Argo CD deployment tools, fully managed SaaS with on-premises deployment features.
 

North America DevOps market revenue will surpass USD 25 billion by 2032, attributed to the growing need to reduce the software development cycle and prompt delivery. Additionally, the increased emphasis of regional companies on integrating DevOps tools and solutions with other platforms will foster the market outlook. In February 2023, IBM, a technology firm, introduced the beta version of "IBM DevOps Software Architect" v1.0 that provides a comprehensive suite of design and development tools for rapidly creating, assessing, and communicating software architectures and designs.