Version Control Systems Market Research Report, by Type (Centralized and Distributed), Deployment Type (Cloud and On-Premise), Organization Size (SME and Large Enterprises), Vertical (BFSI, Healthcare, Education, and others) — Global Forecast till 2023
Distributed version control systems (DVCS) are fast, reliable, and easy to use resulting in providing a complete code database on a developer’s computer. DVCS perform actions and tasks by keeping work logged locally, resulting in streamlining the changesets. Additionally, it takes critical decisions such as pushing new changes to a central repository, automatically. Hence, DVCS is projected to lead the version control systems market in the type segment over the forecast period. Owing to this, the market is estimated to witness a positive growth. Furthermore, Market Research Future predicts the maturity of the global version control system market with a CAGR of 11.34% and market value of USD 779.44 million in the year 2023.
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Increasing adoption of smartphones and mobile applications is one of the major factors driving the growth of the version control system market over the assessment period. Smartphones are inbuilt with mobile applications which require back-end support to ensure ease of management. The version control system allows application developers to track and compare previous files and sources and ensures monitoring modifications which takes place in the mobile application due to the control system. Therefore, the version control systems market is expected to witness a positive growth impact due to the increasing adoption of smartphones and mobile applications. However, the implementation of varied applications such as ERP, CRM, and others in the IT organizations is negatively impacting the growth of the version control systems market in the forecast period.
The Global Version Control Systems Market, 2019–2023 (USD Million)
The global version control systems market is expected to reach USD 779.44 million growing at 11.34% CAGR over the forecast period 2019–2023.
The prominent players in the version control system market are CA Technologies (US), IBM (US), Microsoft (US), Amazon.com (US), Atlassian (Australia), Codice Software (Spain), Canonical Ltd. (UK), CollabNet (US), LogicalDOC (US), and SourceGear LLC (US).
Luit Infotech (P) Ltd. (India), Micro Focus (UK), and Perforce Software Inc. (US) are among the other players in the market.
The Version Control System Market is segmented on the basis of type, deployment type, organization size, vertical, and region. These segments are further sub-segmented into the following:
By type, the version control systems market is bifurcated into centralized version control system (CVCS) and distributed version control system (DVCS).
By deployment type, this market is segmented into cloud and on-premise.
By organization size, the market is segmented into small and medium-sized enterprise and large enterprise.
By vertical, the version control systems market is segmented into BFSI, IT and telecom, healthcare, education, retail, and others.
By region, North America, Europe, Asia-Pacific, and the rest of the world are the global segments.
The regional analysis of version control systems market is considered for North America, Europe, Asia-Pacific, and the rest of the world.
Increase in the need to reduce complexities related to software development in IT companies such as IBM, Microsoft, CA Technologies,and others in the US is expected to be one of the major factors for the dominance of North America in the version control systems market. The US and Canada are a few countries in the region, leading due to technical advancements and increasing adoption of cloud-based services and solutions. Hence, North America is expected to witness the largest market share in the version control system market during the forecast period. Asia-Pacific is expected to be the fastest growing region in the market, due to the adoptions of DevOps by organizations as it avoids dependency issues in modern applications and delivers reliable results. Europe is expected to show a high growth rate during the forecast period owing to the growing investments of tech leaders such as Microsoft, Intel, IBM, and others in the European IT market. Furthermore, the version control systems market is expected to witness a significant growth in the rest of the world regional segment.
- Technology providers
- Research organizations
- Network and system integrators
- Third-party service providers
- Application developers
- Version control system providers
- System integrators
- IT infrastructure managers
- Managed service providers
- Cloud service providers
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LIST OF TABLES
Table 1 Global Version Control Systems Market, By Region, 2019–2023
Table 2 North America: Version Control Systems Market, By Country, 2019–2023
Table 3 Europe: Version Control Systems Market, By Country, 2019–2023
Table 4 Asia-Pacific: Version Control Systems Market, By Country, 2019–2023
Table 5 Rest Of The World: Version Control Systems Market, By Country, 2019–2023
LIST OF FIGURES
FIGURE 1 Global Version Control Systems Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Version Control Systems Market
FIGURE 4 Value Chain Of Global Version Control Systems Market
FIGURE 5 Share Of Version Control Systems Market In 2019, By Country (In %)
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