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Development and Operations Market Trends, Increasing adoption of cloud-based services

Development and Operations Market

Development and Operations Market

A development and operations solution, also known as DevOps, is a combination of Information Technology (IT) operations and software development practices. The use of development and operations solutions helps in shortening the life cycle of development for systems and delivering high-quality software solutions. Development and operations solutions are increasingly used in various small-scale and large-scale companies to improve and increase development processes using automated solutions. The development and operations lifecycle is an array of workflows or automated processes for development and mainly has six phases, including ideation or planning, development of new and improved features, Continuous Integration and Continuous Delivery (CI/CD), continuous deployment, and monitoring operations, and continuous feedback. The other three workflow phases include compliance, security, and continuous testing.

Market Size – USD 6.47 Billion in 2020, Market Growth – at a CAGR of 17.4%, Market trends – Increasing adoption of cloud-based services

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Leading companies are developing a range of development and operations solutions to meet various customer requirements. Key players are developing various development and operations tools and solutions, such as CI/CD tools, project management solutions, infrastructure-as-a-code tools, and collaborative code repositories. Development and operations solutions help companies incorporate agile workflows and increase productivity. The use of cloud-based software has led to the increasing adoption of development and operations solutions for automating processes and modernizing cloud infrastructure.

The development and Operations (DevOps) market size reached USD 6.47 Billion in 2020 and is expected to register a revenue CAGR of 17.4% during the forecast period

Major companies in the market report include Google LLC, Microsoft Corporation, International Business Machines Corporation, Amazon.com, Inc., Oracle Corporation, Red Hat, Inc., VersionOne Inc., Dell EMC, HP Inc., and Atlassian Corporation Plc.

Cloud-based software also helps in monitoring resource utilization with custom alerts, which drives the adoption of development and operations solutions. However, the use of development and operations solutions sections various multidisciplinary tasks into individual tasks. As multiple people are assigned to work on different tasks, companies could face challenges in the management of different operations and employees. Moreover, if the automated processes of development and operations solutions are not implemented properly, the users may face challenges and technical issues. These factors are expected to influence the adoption of development and operations solutions in various sectors.

Market players are focusing on undertaking various market strategies to gain a competitive edge in the market. Leading companies are adopting strategies, such as product launches and differentiation, acquisition, and expansions. On 19 April 2022, BBD Software Development India announced that it has received AWS DevOps Services Competency status. This recognition would help the company improve customer loyalty and brand presence for demonstrated and specialized technical proficiency. These factors are expected to drive demand for development and operations solutions across regions.

Emergen Research has segmented the global DevOps market based on component, enterprise, application, deployment, and region:

  • Component Outlook (Revenue, USD Billion; 2018–2028)
    • Solutions
      1. Management
        1. Continuous Business Planning
        2. Testing and Development
        3. DevOps Analytics
      2. Delivery
        1. Continuous Integration
        2. Software Delivery Management
      3. Operations
        1. Continuous Deployment
        2. Monitoring & Performance Management
  • Services
    1. Container Services
    2. API Services
    3. Managed Services
    4. Professional Services
  • Enterprise Outlook (Revenue, USD Billion; 2018–2028)
    • Small and Medium Enterprise
    • Large Enterprise
  • Application Outlook (Revenue, USD Billion; 2018–2028)
    • IT
    • BFSI
    • Retail
    • Telecom
    • Government
    • Manufacturing
    • Media & Entertainment
    • Others
  • Deployment Outlook (Revenue, USD Billion; 2018–2028)
    • On-premise
    • On Cloud
      1. Public Cloud
      2. Private Cloud
      3. Hybrid Cloud

Detailed Regional Analysis covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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