PUBLISHER: Roots Analysis | PRODUCT CODE: 1787838
PUBLISHER: Roots Analysis | PRODUCT CODE: 1787838
As per Roots Analysis, the global DevOps market size is estimated to grow from USD 13.29 billion in the current year to USD 108.26 billion by 2035, at a CAGR of 21.01% during the forecast period, till 2035.
The opportunity for devOps market has been distributed across the following segments:
Type of Offering
Type of Deployment Model
Type of Tools
Type of Industry Vertical
Company Size
Geographical Regions
DevOps combines the principles of development and operations to establish a unified framework that integrates individuals, processes, and technology. Its main objective is to improve the speed, security, and efficiency of software development and delivery in comparison to conventional methods. Emerging from an agile software development approach, DevOps leverages a cross-functional strategy to facilitate rapid and iterative application deployment. It aims to shorten the system development lifecycle while maintaining continuous delivery and ensuring high-quality software.
The global market for DevOps is experiencing considerable expansion, driven by the increasing need for rapid software delivery and enhanced operational efficiency within organizations. As a blend of development and operations, DevOps comprises a collection of tools and practices intended to bring together software development and IT operations teams, ultimately improving both the speed and quality of the software development lifecycle. As a result, owing to these factors, the DevOps market is expected to experience significant growth during the forecast period.
Based on type of offering, the global devOps market is segmented into services and solutions. According to our estimates, currently, the services segment captures the majority share of the market. This can be attributed to the rising complexity of software development and the necessity for organizations to implement best practices in devOps. As companies aim to enhance their operational efficiency and hasten their software delivery processes, they frequently seek expert assistance in applying DevOps methodologies, which drives market expansion.
However, the solutions segment is expected to grow at a relatively higher CAGR during the forecast period. This increase is due to the growing dependence on automation and cloud-based DevOps platforms in software development.
Based on type of deployment model, the devOps market is segmented into hybrid cloud, private cloud and public cloud. According to our estimates, currently, the public cloud segment captures the majority of the market. This can be attributed to its affordability, scalability, and accessibility. Organizations are showing a preference for public cloud solutions as they enable quick application deployment without the requirement of significant initial infrastructure investment.
However, the hybrid cloud segment is expected to grow at a relatively higher CAGR during the forecast period. This can be attributed to its capability to allow companies to keep sensitive data in a private environment while utilizing the scalability and flexibility of public cloud resources for less critical workloads.
Based on type of tools, the devOps market is segmented into development tools, operation tools, and testing tools. According to our estimates, currently, the development tools segment captures the majority share of the market. This can be attributed to the rising focus on improving collaboration and productivity among development teams. These tools support continuous integration and delivery (CI/CD), allowing developers to automate their workflows, manage code repositories, and optimize application deployment processes.
However, the testing tools segment is expected to grow at a relatively higher CAGR during the forecast period. This can be attributed to the heightened emphasis on quality and efficiency in software testing.
Based on type of industry vertical, the devOps market is segmented into BFSI, government and public sector, healthcare, manufacturing, retail, telecommunications and information technology enabled services (ITES) and others. According to our estimates, currently, the BFSI segment captures the majority share of the market. This growth can be attributed to the sector's essential requirement for swift software development and deployment in order to comply with regulatory requirements and improve customer service.
However, the healthcare industry is expected to grow at a relatively higher CAGR during the forecast period. This can be attributed to the rising demand for digital transformation within healthcare, including the implementation of electronic health records (EHR), telemedicine, and patient management systems.
Based on company size, the devOps market is segmented into large and small and medium enterprise. According to our estimates, currently, the large enterprise segment captures the majority share of the market. On the other hand, the small and medium enterprise segments are anticipated to experience a higher growth rate during the forecast period. This growth can be attributed to the adoption of devOps in businesses, their agility, innovation, focus on specialized markets, and their capability to adjust to evolving customer preferences and market dynamics..
Based on geographical regions, the devOps market is segmented into North America, Europe, Asia, Latin America, Middle East and North Africa, and the rest of the world. According to our estimates, currently, North America captures the majority share of the market. However, the market in Asia is expected to grow at a higher CAGR during the forecast period. This growth can be attributed to the presence of large enterprises and multinational companies across various industries such as technology, finance, healthcare, and manufacturing. These businesses often face intricate IT landscapes and struggle with the management of extensive software applications and infrastructure.
The report on the DevOps market features insights on various sections, including: