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DevOps Market Size
- Report ID: GMI4620
- Published Date: May 2023
- Report Format: PDF
DevOps Market size
DevOps Market size crossed USD 8 billion in 2022 and is projected to grow at 20% CAGR from 2023 to 2032, driven by the rising need for reducing the software development cycle and accelerating delivery.
The increased demand for automation and CI & CD has encouraged organizations to adopt DevOps for cost efficiency and cloud computing, fueling the overall market growth. According to the RedGate Software survey, nearly 74% of 3200 enterprises adopted DevOps in the post-pandemic scenario due to the popularity of remote working. The survey also states that out of these companies, nearly 41% lack automation in release processes while 39% have a dearth of legacy application code, indicating robust growth in the future.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| DevOps Market Size in 2022: | USD 8 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 20% |
| 2032 Value Projection: | USD 70 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 400 |
| Tables, Charts & Figures: | 730 |
| Segments covered: | Component, Deployment Model, Organization Size, Application, Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Complexities in implementing DevOps tools are a major factor restraining the DevOps market demand due to a lack of standardization that can cause implementation barriers for enterprises, reducing collaboration and efficiencies. In addition, a dearth of interoperability and integration issues within major CI/CD tools create a manual and ad hoc software development ecosystem that is non-conducive for DevOps solutions, thereby negatively affecting industry expansion. Nonetheless, emphasis on DevOps training within several service-providing firms will aid in overcoming this issue. For instance, Google LLC offers Google Cloud DevOps training modules for smooth application.
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DevOps Market Scope
