The DevOps Platform Market to grow by USD 25,113.89 million from 2022 to 2027, Growth driven by reduced delivery time - Technavio

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Jul 28, 2023, 11:15 ET

NEW YORK, July 28, 2023 /PRNewswire/ -- The DevOps platform market is to grow by USD 25,113.89 million from 2022 to 2027. However, the growth momentum will be progressing at a CAGR of 24.5% during the forecast period, according to Technavio. The DevOps platform market is fragmented, and the vendors are seeking strong partnerships with automotive, industrial, and commercial companies to compete in the market. Accenture Plc, Alphabet Inc., Amazon.com Inc., Atlassian Corp. Plc, Broadcom Inc., Cigniti Technologies Ltd., Cisco Systems Inc., CloudBees Inc., Dell Technologies Inc., Digital.ai Software Inc., HashiCorp Inc., Hewlett Packard Enterprise Co., Infosys Ltd., International Business Machines Corp., Microsoft Corp., Open Text Corp., Oracle Corp., Progress Software Corp., Rackspace Technology Inc., and Red Hat Inc. are some of the major market participants -. To know about the vendor offerings - Request a sample report

Technavio has announced its latest market research report titled Global DevOps Platform Market

DevOps Platform Market 2023-2027: Scope

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The DevOps report covers the following areas:

The DevOps platform market is fragmented, and the degree of fragmentation will accelerate. The reduced delivery time will offer immense growth opportunities. However, the Technical glitches during DevOps application deployment will hamper the market growth.

DevOps Platform Market 2023-2027

Key Driver

The reduced delivery time is the key factor driving the market growth. IT departments face increasing pressure from customers to deliver services faster. Therefore, software companies must provide timely updates and upgrades to avoid losing customers. As a result, many executives are focused on developing faster service delivery models. This trend has led to the emergence of DevOps third-party providers who play a key role in coordinating and integrating the goals of traditional application developers, quality assurance (QA), and operations teams to reduce time to market. Using DevOps tools has been proven to increase the overall efficiency and effectiveness of the IT environment. Hence, these factors are expected to drive market growth during the forecast period.

Major Trends

Increased adoption of Infrastructure as code (IAC) is the major trend in the market. IAC uses programming and coding techniques to automate IT infrastructure for software development and operations teams. By including a programmable IT infrastructure, these teams can automate the provisioning and management of IT resources throughout the software development process. This approach significantly reduces cycle times, simplifies complexity, and minimizes errors, enabling rapid development of software products. As a result, organizations are increasingly adopting DevOps tools to move from manually configured IT infrastructures to more efficient, automated, and programmable IT infrastructures. Hence, the increasing adoption of IAC is expected to drive market growth during the forecast period.

Significant Challenges

The technical glitches during DevOps application deployment are a significant challenge restricting market growth. One of the biggest challenges in DevOps is predicting how your application will behave in the real world. Software may behave differently in real-world and internal environments, creating potential risks and strains in supplier-customer relationships. Developing a product for cross-platform use does not guarantee its effectiveness in a real-world environment. Hence, these factors are expected to drive market growth during the forecast period.

To learn more about the global trends impacting the future of market research, download a PDF sample

DevOps Platform Market 2023-2027: Segment Analysis

End-user

IT
BFSI
Telecommunication
Retail
Others

Component

Solutions
Software

Geography

North America
Europe
APAC
South America
Middle East and Africa

DevOps Platform Market 2023-2027: Segmentation Highlights

The market share growth by the IT segment will be significant during the forecast period. The IT industry is rapidly adopting DevOps solutions to improve the development and release of multiple software products in a short period of time. This adoption is due to the growing demand for better software quality and better customer service in various IT industry sectors. Furthermore. with the widespread development of IT software and the increasing adoption of cloud platforms, businesses are undergoing major changes in their operations. Thus, the rapid adoption of DevOps solutions is expected to drive segment growth in the market during the forecast period.
North America is estimated to contribute 34% to the growth of the global market during the forecast period. The North American region's advanced technology maturity has played a key role in the spread of DevOps platforms in the region. Particularly in the BFSI sector, there is increasing adoption of DevOps tools to acquire digital banking solutions. For example, Bank of America, successfully implemented a DevOps solution to automate processes and enable faster application delivery. Thus, these factors are expected to drive market growth in the region during the forecast period.

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies, growth strategies, product innovations, new product launches, investments, and growth in market share, among others Buy the Report

DevOps Platform Market 2023-2027: Key Highlights

CAGR of the market during the forecast period 2023-2027
Detailed information on factors that will assist DevOps platform market growth during the next five years
Estimation of the DevOps platform market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the DevOps platform market across North America, Europe, APAC, South America, and the Middle East and Africa
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of DevOps platform market vendors

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DevOps Platform Market Scope
Report Coverage	Details
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 24.5%
Market growth 2023-2027	USD 25,113.89 million
Market structure	Fragmented
YoY growth 2022-2023 (%)	24.2
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	North America at 34%
Key countries	US, China, India, France, and Germany
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	Accenture Plc, Alphabet Inc., Amazon.com Inc., Atlassian Corp. Plc, Broadcom Inc., Cigniti Technologies Ltd., Cisco Systems Inc., CloudBees Inc., Dell Technologies Inc., Digital.ai Software Inc., HashiCorp Inc., Hewlett Packard Enterprise Co., Infosys Ltd., International Business Machines Corp., Microsoft Corp., Open Text Corp., Oracle Corp., Progress Software Corp., Rackspace Technology Inc., and Red Hat Inc.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

1.1 Market Overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary – Chart on Market Segmentation by Component
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global devOps platform market 2017 - 2021

Exhibit 18: Historic Market Size – Data Table on Global devOps platform market 2017 - 2021 ($ million)

4.2 End-user Segment Analysis 2017 - 2021

Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

4.3 Component Segment Analysis 2017 - 2021

Exhibit 20: Historic Market Size – Component Segment 2017 - 2021 ($ million)

4.4 Geography Segment Analysis 2017 - 2021

Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

4.5 Country Segment Analysis 2017 - 2021

Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary

Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers

Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers

Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants

Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes

Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry

Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition

Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

6.1 Market segments

Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)

6.2 Comparison by End-user

Exhibit 32: Chart on Comparison by End-user
Exhibit 33: Data Table on Comparison by End-user

6.3 IT - Market size and forecast 2022-2027

Exhibit 34: Chart on IT - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on IT - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on IT - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on IT - Year-over-year growth 2022-2027 (%)

6.4 BFSI - Market size and forecast 2022-2027

Exhibit 38: Chart on BFSI - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on BFSI - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on BFSI - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on BFSI - Year-over-year growth 2022-2027 (%)

6.5 Telecommunication - Market size and forecast 2022-2027

Exhibit 42: Chart on Telecommunication - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on Telecommunication - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on Telecommunication - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Telecommunication - Year-over-year growth 2022-2027 (%)

6.6 Retail - Market size and forecast 2022-2027

Exhibit 46: Chart on Retail - Market size and forecast 2022-2027 ($ million)
Exhibit 47: Data Table on Retail - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Chart on Retail - Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on Retail - Year-over-year growth 2022-2027 (%)

6.7 Others - Market size and forecast 2022-2027

Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

6.8 Market opportunity by End-user

Exhibit 54: Market opportunity by End-user ($ million)

7 Market Segmentation by Component

7.1 Market segments

Exhibit 55: Chart on Component - Market share 2022-2027 (%)
Exhibit 56: Data Table on Component - Market share 2022-2027 (%)

7.2 Comparison by Component

Exhibit 57: Chart on Comparison by Component
Exhibit 58: Data Table on Comparison by Component

7.3 Solutions - Market size and forecast 2022-2027

Exhibit 59: Chart on Solutions - Market size and forecast 2022-2027 ($ million)
Exhibit 60: Data Table on Solutions - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Chart on Solutions - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Solutions - Year-over-year growth 2022-2027 (%)

7.4 Software - Market size and forecast 2022-2027

Exhibit 63: Chart on Software - Market size and forecast 2022-2027 ($ million)
Exhibit 64: Data Table on Software - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Chart on Software - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on Software - Year-over-year growth 2022-2027 (%)

7.5 Market opportunity by Component

Exhibit 67: Market opportunity by Component ($ million)

8 Customer Landscape

8.1 Customer landscape overview

Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation

Exhibit 69: Chart on Market share by geography 2022-2027 (%)
Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison

Exhibit 71: Chart on Geographic comparison
Exhibit 72: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2022-2027

Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.4 Europe - Market size and forecast 2022-2027

Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.5 APAC - Market size and forecast 2022-2027

Exhibit 81: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 82: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.6 South America - Market size and forecast 2022-2027

Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.7 Middle East and Africa - Market size and forecast 2022-2027

Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027

Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 China - Market size and forecast 2022-2027

Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)

9.10 France - Market size and forecast 2022-2027

Exhibit 101: Chart on France - Market size and forecast 2022-2027 ($ million)
Exhibit 102: Data Table on France - Market size and forecast 2022-2027 ($ million)
Exhibit 103: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on France - Year-over-year growth 2022-2027 (%)

9.11 Germany - Market size and forecast 2022-2027

Exhibit 105: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 106: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 107: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 108: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.12 India - Market size and forecast 2022-2027

Exhibit 109: Chart on India - Market size and forecast 2022-2027 ($ million)
Exhibit 110: Data Table on India - Market size and forecast 2022-2027 ($ million)
Exhibit 111: Chart on India - Year-over-year growth 2022-2027 (%)
Exhibit 112: Data Table on India - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography

Exhibit 113: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

Exhibit 114: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption

Exhibit 116: Overview on factors of disruption

11.4 Industry risks

Exhibit 117: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered

Exhibit 118: Vendors covered

12.2 Market positioning of vendors

Exhibit 119: Matrix on vendor position and classification

12.3 Accenture Plc

Exhibit 120: Accenture Plc - Overview
Exhibit 121: Accenture Plc - Business segments
Exhibit 122: Accenture Plc - Key news
Exhibit 123: Accenture Plc - Key offerings
Exhibit 124: Accenture Plc - Segment focus

12.4 Alphabet Inc.

Exhibit 125: Alphabet Inc. - Overview
Exhibit 126: Alphabet Inc. - Business segments
Exhibit 127: Alphabet Inc. - Key news
Exhibit 128: Alphabet Inc. - Key offerings
Exhibit 129: Alphabet Inc. - Segment focus

12.5 Amazon.com Inc.

Exhibit 130: Amazon.com Inc. - Overview
Exhibit 131: Amazon.com Inc. - Business segments
Exhibit 132: Amazon.com Inc. - Key news
Exhibit 133: Amazon.com Inc. - Key offerings
Exhibit 134: Amazon.com Inc. - Segment focus

12.6 Atlassian Corp. Plc

Exhibit 135: Atlassian Corp. Plc - Overview
Exhibit 136: Atlassian Corp. Plc - Product / Service
Exhibit 137: Atlassian Corp. Plc - Key offerings

12.7 Broadcom Inc.

Exhibit 138: Broadcom Inc. - Overview
Exhibit 139: Broadcom Inc. - Business segments
Exhibit 140: Broadcom Inc. - Key news
Exhibit 141: Broadcom Inc. - Key offerings
Exhibit 142: Broadcom Inc. - Segment focus

12.8 Cigniti Technologies Ltd.

Exhibit 143: Cigniti Technologies Ltd. - Overview
Exhibit 144: Cigniti Technologies Ltd. - Product / Service
Exhibit 145: Cigniti Technologies Ltd. - Key offerings

12.9 Cisco Systems Inc.

Exhibit 146: Cisco Systems Inc. - Overview
Exhibit 147: Cisco Systems Inc. - Business segments
Exhibit 148: Cisco Systems Inc. - Key news
Exhibit 149: Cisco Systems Inc. - Key offerings
Exhibit 150: Cisco Systems Inc. - Segment focus

12.10 Dell Technologies Inc.

Exhibit 151: Dell Technologies Inc. - Overview
Exhibit 152: Dell Technologies Inc. - Business segments
Exhibit 153: Dell Technologies Inc. - Key news
Exhibit 154: Dell Technologies Inc. - Key offerings
Exhibit 155: Dell Technologies Inc. - Segment focus

12.11 Digital.ai Software Inc.

Exhibit 156: Digital.ai Software Inc. - Overview
Exhibit 157: Digital.ai Software Inc. - Product / Service
Exhibit 158: Digital.ai Software Inc. - Key offerings

12.12 Infosys Ltd.

Exhibit 159: Infosys Ltd. - Overview
Exhibit 160: Infosys Ltd. - Business segments
Exhibit 161: Infosys Ltd. - Key news
Exhibit 162: Infosys Ltd. - Key offerings
Exhibit 163: Infosys Ltd. - Segment focus

12.13 International Business Machines Corp.

Exhibit 164: International Business Machines Corp. - Overview
Exhibit 165: International Business Machines Corp. - Business segments
Exhibit 166: International Business Machines Corp. - Key news
Exhibit 167: International Business Machines Corp. - Key offerings
Exhibit 168: International Business Machines Corp. - Segment focus

12.14 Microsoft Corp.

Exhibit 169: Microsoft Corp. - Overview
Exhibit 170: Microsoft Corp. - Business segments
Exhibit 171: Microsoft Corp. - Key news
Exhibit 172: Microsoft Corp. - Key offerings
Exhibit 173: Microsoft Corp. - Segment focus

12.15 Open Text Corp.

Exhibit 174: Open Text Corp. - Overview
Exhibit 175: Open Text Corp. - Product / Service
Exhibit 176: Open Text Corp. - Key news
Exhibit 177: Open Text Corp. - Key offerings

12.16 Oracle Corp.

Exhibit 178: Oracle Corp. - Overview
Exhibit 179: Oracle Corp. - Business segments
Exhibit 180: Oracle Corp. - Key news
Exhibit 181: Oracle Corp. - Key offerings
Exhibit 182: Oracle Corp. - Segment focus

12.17 Red Hat Inc.

Exhibit 183: Red Hat Inc. - Overview
Exhibit 184: Red Hat Inc. - Product / Service
Exhibit 185: Red Hat Inc. - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

Exhibit 186: Inclusions checklist
Exhibit 187: Exclusions checklist

13.3 Currency conversion rates for US$

Exhibit 188: Currency conversion rates for US$

13.4 Research methodology

Exhibit 189: Research methodology
Exhibit 190: Validation techniques employed for market sizing
Exhibit 191: Information sources

13.5 List of abbreviations

Exhibit 192: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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