The global development to operations market size was valued at USD 7.56 billion in 2021 and is expected to reach USD 38.43 billion expanding at a compound annual growth rate (CAGR) of 19.8% from 2022 to 2030. Software development and IT operations are brought together in the practice known as "DevOps," which is an acronym for "development operations." The systems development life cycle is to be shortened, and on an ongoing basis, high-quality software should be delivered. This is the purpose of the initiative. Agile software development is designed to work hand in hand with DevOps, and several aspects of DevOps are drawn directly from the Agile methodology. Because of this, faster innovation and development are now possible, thanks to an increase in the number of releases and their rate. In addition to that, it makes it possible for businesses to swiftly implement new features, fix bugs, and react to demands from customers. DevOps methodologies are known as "continuous integration" and "continuous delivery" and automate the process of releasing software from its development stage all the way through its deployment phase.
The expansion of the DevOps industry is being driven by an increase in the demand for continuous and rapid application delivery as well as an increased emphasis on lowering Capital expenditure and Operational Expenditure. The expansion of the number of applications that can function in an ever-changing information technology environment is another factor that contributes to the development of the market. However, significant reliance on existing procedures is likely to act as a barrier to the market's expansion. In addition, developments in artificial intelligence (AI), its usage in application development, and a high rate of acceptance among small and medium-sized businesses are anticipated to present the attractive potential for the expansion of the DevOps industry.
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Growing demand for quick and continuous application delivery to Favour Market Growth
Since the past few years, the DevOps sector has been enjoying substantial growth as a result of the fact that it assists businesses in closing the gap that exists between the achievement of strategic goals and the day-to-day administration of work. Organizations have the insights necessary to enable an outcome-driven approach to software development when there is enhanced visibility and alignment. In addition, DevOps solutions allow for the seamless integration and deployment of code, which, in turn, leads to an increase in both the frequency and quality of software deliveries. In addition, DevOps solutions shorten the time required for application development from months or weeks to days or even hours. This is made possible by the increased speed with which application updates are made and the increased frequency with which they reach the production environment. Therefore, speeding up the cycle of developing the prototype and cutting down the amount of time needed for deployment. As a result, the expansion of the DevOps business is being fueled by an increasing number of advantages like these.
Putting more effort towards cutting Capital expenditure and Operational expenditure to Aid Growth
It is now widely acknowledged that DevOps is an essential approach to the software development process. Customer satisfaction may be driven upwards because to several of its advantages, including faster software delivery and increased software quality, amongst other advantages. One of the primary causes that is driving the need to go serverless is the large capital expenditures and operating expenditures associated with business servers and network infrastructure. Since serverless computing eliminates the requirement for businesses to devote resources to the maintenance of their underlying infrastructure, they are free to focus those resources on their primary business operations instead. In addition, a survey found that 61.0% of IT and business professionals are speeding up their digital transformation initiatives in order to automate application modernization. The expansion of the market is also being driven by the fact that IT and business professionals are investing in the recruitment of more specialists and the implementation of DevOps solutions in order to modernize apps and automate infra operations.
Operational flexibility is often desired to boost growth
The use of DevOps tools helps organizations boost their development processes and reduces the likelihood of mistakes. Consequently, they are becoming more and more well-known, particularly in the IT industry. The software deployment process is supported by these technologies in terms of both stability and security. One of our key analysts claims that "Some of the current industry trends fueling the DevOps market growth include containerization and platform-as-a-service. The adoption and execution of DevOps in numerous sectors is being made simpler by these services." In addition to these, the sector is seeing an increase in demand for IoT penetration, customer happiness, and high operational flexibility. These elements would facilitate development as well.
When it comes to putting DevOps solutions into action, organizations encounter a number of different problems. The absence of standardized DevOps technologies has resulted in the creation of an undefined process framework, which has led to the automation of processes in the absence of a systematic strategy. It is difficult for enterprises to produce flawless results, evaluate progress, and integrate with the current infrastructure because of the complexity involved in deploying DevOps solutions and the lack of software knowledge. These are the major reasons that are anticipated to impede the expansion of the market.
The Development to Operations market is segmented into the following categories: Deployment, Enterprise Size, End Use, and Region.
Based on Deployment the DevOps market is divided into Cloud and On-premises. In 2021, the cloud category held the biggest market share at 62.3%. To increase productivity, the cloud-based solution enables the outsourcing of IT activities. The on-demand, real-time capabilities provided by cloud technology include computing, big data and analytics, machine learning, cyber security, application development, and DevOps procedures. This mix of services enables the end user to receive IT that is flexible, agile, and affordable.
It stimulates businesses to invest in the creation of new products in accordance with changing consumer demands. For instance, to standardize software delivery for more than 23,000 engineers globally, HSBC has inked a multi-year agreement with the DevOps platform Cloud Bees. These advantages of cloud adoption will accelerate the sector's expansion.
On-premises software is anticipated to grow at a CAGR of 19.4% over the course of the projected year. It was necessary to obtain a license in order to utilize it within an organization's IT infrastructure due to on-premise implementation. As a result, security features get better and it's simpler to spot dangers from rogue software. Due to the need to securely keep sensitive data, this would increase demand for on-premise solutions in highly regulated businesses. These elements are anticipated to accelerate market expansion throughout the anticipated timeframe.
Based on Enterprise Size the DevOps market is divided into SME and Large Enterprise. With a market share of 60.3% in 2021, the large enterprise sector dominated. Large businesses were among the first to promote DevOps in order to boost quality and productivity, streamline processes, accelerate time to market, and save costs related to IT operations including software development, delivery, and maintenance.
Large IT businesses and cloud service providers are anticipated to invest more money in the development of the operations toolchain as their main approach for managing the software development lifecycle. For instance, Amazon Web Services committed USD 236 million to the construction of a data center facility in Sao Paulo, Brazil, in February 2020. With the aid of this investment, the business was able to maintain the use of cloud-powered DevOps services by both public and private businesses.
The projection term is likely to see the SME category grow at a CAGR of 21.9%. The adoption of DevOps approaches by SMEs to increase deployment frequency and shorten development lifecycles would help them remain competitive in the market, which will drive market growth during the projected period.
The majority of SMEs are enhancing the deployment of DevOps technologies to provide software automating processes due to the multiple benefits of DevOps, including saving time for ideas, testing, designing, and other elements of corporate growth. Some of the factors expected to contribute to the market expansion in the projected future include SMEs' growing use of DevOps in software optimization and development services.
Based on end use the DevOps market is divided into IT, BFSI, Retail, Telecom and Others. By 2030, the IT sector, which had a 37.2% market share in 2021, is anticipated to rule. The IT industry has a number of difficulties, such as quality control, release schedules, and application downtime. Tools and solutions for DevOps are designed to boost corporate productivity and adapt to shifting business needs. They are therefore well-equipped to handle the difficulties the IT sector is currently experiencing. In particular, the IT sector is using DevOps technologies to automate its software development, testing, and operations processes. This increases product quality, shortens delivery times, and enhances customer experience.
During the projection period, the BFSI application category is anticipated to grow at the highest CAGR of 21.7%, primarily as a result of economic and technical advancements as well as the growing use of smartphones and other smart devices for conducting business and banking activities. Consumer demand for digital services has increased the urgency with which banking and financial systems must be accelerated to supply services continually, which is best accomplished using DevOps solutions.
Based on region the DevOps market is divided into North America, Europe, Asia Pacific, Latin America, Middle East.
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In 2021, North America had a 38.9% market share of the worldwide DevOps market, which was the greatest market share. Regional market growth has increased as a result of the growing market penetration of software automation solutions to give effective results across the BFSI and retail sectors.
The capacity to quickly supply solutions while yet satisfying ever-increasing user demands has led to wider adoption of development to operations. For example, CollabNet VersionOne and Xebia Labs collaborated to develop a new DevOps platform for businesses. The firms' ability to provide their customer bases with the end-to-end management skills and visibility necessary to create software solutions safely, dependably, and promptly will be aided by this partnership. These programs aid in the expansion of the DevOps industry in the area.
Due to the growing digitalization in the banking industry, Asia Pacific is predicted to have the highest CAGR of any geographical market, at 24.2%. To keep up with the frequent business needs that go along with attempts to alter clients' banking experiences, the majority of banks have implemented agile project planning and execution techniques. To meet rising consumer expectations, a large banking company in Southeast Asia was seeking marketing strategies for their new digital banking services. In order to implement DevOps methods, the internal IT development team used Atlassian Jira software.
List of key DevOps market companies profiled
A new DevOps platform for the organisations was developed in January 2020 by CollabNet VersionOne, a software company with headquarters in Georgia, and XebiaLabs, an independent software firm with headquarters in Burlington. Officials from the firms claim that this partnership would enable them to provide the end-to-end management skills and insight needed to swiftly, safely, and reliably create software solutions for their respective customer bases. It would help businesses accelerate their digital transformation in many ways.
In July 2019, the New York-based global IT giant IBM Corporation established a cooperation with the Massachusetts-based DBmaestro, a provider of computer software services. Through this agreement, the firms will be able to offer capabilities for database release automation that are specifically created to make DevOps environments for businesses easier.