Development to Operations (DevOps) Market Key Opportunities and Forecast Up To 2024
The global Development and Operations (DevOps) software market is expanding on account of its ability to address inefficiencies faced by the IT industry such as the lagging quality of application development projects, inefficient IT projects, missing deadlines, and outages during or after implementation, resulting in increased cost than expected. Development and Operations connects the development, technical operations, and quality assurance personnel in such a way that the entire process of building, releasing, running, and then repeating occurs as a factory, with clear roles and well defined inputs and outputs.
DevOps-ready tools are witnessing a high demand as they help support the DevOps characteristics and facilitate organizations to reduce coding errors. DevOps tools also help enhance the efficiency of operational processes. The use of these tools ensures security and maintainability of operational processes. The increasing cloud adoption is one of the key factors boosting the growth of the global Development and Operations market. The introduction of concepts such as platform as a service (PaaS) and containerization will also help fuel the growth of the market. Service virtualization is witnessing a rising trend and this is also boding well for the growth of the global Development and Operations market.
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The growing need for operational agility, customer satisfaction, and increasing penetration of the Internet of Things will drive the growth prospects of the global DevOps market. The complex mechanism of deployment of IoT can be simplified with the help of DevOps tools, and thus, the growth of IoT is benefitting the growth of the global Development and Operations market.
Development and Operations (DevOps) is an enterprise software development phrase which relies upon the efficiency of collaboration, integration, automation and communication of software development and IT operations of the organization. DevOps has emerged from two IT trends, called “agile system administration” and “agile operations”. DevOps toolchain is a combination of tools that support in delivering, developing and managing the application throughout the software development cycle. Each tool in DevOps fits into one or more DevOps initiatives such as planning, creating, verifying, releasing, prepoding, configuring and monitoring. Planning activities include production metrics, project requirements, business metrics, update release metrics, release plan & timing and security policy.
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DevOps market is broadly segmented on the basis of tools, enterprise size and geography. On the basis of tools, the DevOps market is segmented into development tools, testing tools and operation tools. Furthermore, on the basis of enterprise size, the DevOps market is segmented into large sized enterprises and small & medium sized enterprises (SMEs). Moreover, in terms of geographies, the global DevOps market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa and South America. North America has been the largest contributor to the revenue generated by DevOps market during the last few years. This is attributed to significant adoption of cloud technology in the region. Asia Pacific is expected to be the fastest growing region in terms of adoption of DevOps tools due to growing number of IT SMEs in the region who would deploy these tools to streamline and agile their business operations.
The major participants in the DevOps market include Puppet Labs, SaltStack Inc., Docker Inc., Chef Software, Inc., CA Technologies, Microsoft Corporation, IBM Corporation, Hewlett Packard Enterprise Development LP, Red Hat Inc., Cisco Systems Inc. and Clarizen, Inc.
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