DevOps Market CAGR 18.7%
July 31, 2017
to a new report by Allied Market Research, titled, DevOps Market by
Solution, Deployment, and End User: Global Opportunity Analysis and
Industry Forecast, 2017-2023, the global DevOps market was valued at
$2,885 million in 2016, and is projected to reach $9,407 million by
2023, growing at a CAGR of 18.7% from 2017 to 2023. The lifecycle
management segment is anticipated to grow at the highest growth rate
during the forecast period.
North America was the highest revenue contributor in the global DevOps
market in 2016, due to increase in adoption of process automated
software, low cost of process automation set-up and maintenance service.
Furthermore, enhancement in operational effectiveness and increased
demand for automated business process implementation among enterprises
in the key countries, such as the U.S., Canada, and Mexico, have
directed the key vendors to invest in the development of DevOps
solutions of these regions. The Asia-Pacific DevOps market is expected
to grow at the highest rate during the forecast period, owing to the
increase in demand for automated business process implementation among
enterprises in China, Singapore, Australia, and South Korea.
In 2016, the cloud segment accounted for the highest share in the DevOps
market, and is expected to witness the highest growth rate from 2017 to
2023, owing to the high demand for cloud computing services and need for
better management of applications such as agile management, portfolio
management, application performance management, app experience
analytics, and service management. Cloud deployment offers efficient
solutions for real user feedback and infrastructure management.
Furthermore, it manages risk across complex environments, provides
multi-tier applications, and reduces risk associated with automated
The key players profiled in the DevOps market are IBM Corporation,
Oracle Corporation, Amazon Web Services, Inc., Hewlett Packard
Enterprise Development LP, Microsoft Corporation, EMC Corporation,
VersionOne, Inc., Red Hat, Inc., Google, Inc., and CA Technologies These
players have adopted competitive strategies, such as partnership,
product portfolio expansions, and collaborations, to augment the growth
of the DevOps market.
Key Findings of the DevOps Market Study
monitoring & performance management segment accounted for the highest
share in the global DevOps industry in 2016, growing at a CAGR of 15.5%
from 2017 to 2023.
•The DevOps solutions market is
estimated to witness the highest growth rate of 18.7%.
•North America DevOps market
generated the highest share of $1,398 million, in terms of revenue, in
•The cloud segment accounted for the
highest share of revenue in 2016, and is expected to witness the highest
growth rate during the forecast period.