The global development to operations market was valued at approximately USD 7.45 Billion in 2021. It is anticipated to grow at a compound annual rate (CAGR) of 20.1% between 2023 and 2032.
Development to Operations Market Demand
The DevOps market is expected to grow due to increased adoption of cloud technologies, rapid application delivery, advances in AI, and software automatization. Despite the disruption caused by the COVID-19 pandemic, there was an increase in global DevOps demand. The sudden increase in demand for software and web-based applications was due to businesses attempting to take advantage of the increasing online presence of their customers. This allowed IT businesses to produce software products and enabled cross-functional teams to be more flexible, thereby ensuring greater operational efficiency in the face of the pandemic.
Market growth is expected to be driven by the growing demand for advanced technology to improve business operations and the increased need for enterprise optimization. The development to operations approach allows for greater speed and agility in the entire lifecycle of an application. Additionally, better collaboration between IT teams helps make the organization more proactive and efficient.
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Driving Factors
Growing Popularity and Demand for DevOps Tools.
DevOps tools have been growing in popularity because they facilitate the development process within a team and reduce errors. These tools improve security and stability in the software deployment process. Platform-as-a-service and containerization are among the key development and operations s software market trends. Virtualization of these services is a growing trend that simplifies the adoption and implementation of DevOps. There is a growing demand for operational flexibility and client satisfaction. This market is also witnessing the penetration of IoT.
Ongoing Shift To Hybrid Cloud And Improvement In Operational Efficiency To Favor Growth.
DevOps in hybrid clouds allows for quick and flexible provisioning. This balances the total cost ownership of maintaining the development and running-time infrastructure. The hybrid cloud has helped bridge the gap between IT and business by increasing efficiency and agility and delivering IT resources quickly at a low price. The switching costs between public and private cloud models are high, which has prompted the adoption of hybrid cloud. This would accelerate DevOps market growth over the next years.
Development to Operations Market Restraints Factors
The lack of standard DevOps tools has resulted in an unstructured process that leaves no way for automation. Market growth is hindered by the presence of many tools that have similar features, which can be used for short-term operations. Another factor that is hindering the market growth is a lack of technical skills to implement effective DevOps apps. These are the main factors that limit global DevOps market revenue growth.
Development to Operations MarketTrends
Industry growth is expected to be driven by the adoption of software development automation technologies, including Continuous Integration and Continuous Deployment practices (CI/CD). DevOps tools have been in high demand due to the rapid evolution of automation technologies in different industry verticals. Software upgrades are becoming more important in a digitally empowered environment. Enterprises are now adopting DevOps tools for rapid development and deployment.
COVID-19 has forced public and private sector enterprises to adopt the work-from-home policy. This has increased collaborations and information sharing between departments. Research Innovation Council, which is a group of nine top DevOps companies, released April 2020 data. It revealed that around 40% of organizations identified the lack of an agile culture as their biggest obstacle in dealing with the technological challenges presented by the COVID-19 pandemic. Businesses can achieve this critical collaboration with DevOps tools. As organizations adapt quickly to distributed work environments, the DevOps market is seeing an increase.
Recent Developments:
Microsoft Corporation launched the DevOps Workflow Generator in November 2021. This tool is designed to help customers visualize and identify ways to improve their DevOps toolchain. It also introduced OpenID Connect integration between Azure Active Directory (GitHub Actions), which will automate the management and updating of credentials in both Azure Active Directory as well as GitHub Actions.
Google LLC acquired digital transformation research company 'DORA' LLC in December 2019. This will allow the delivery of research-backed DevOps practices. This will allow teams to use automation to improve their software's quality, process, and quality, using a data-driven approach.
Market Key Players:
IBM Corporation, Para soft, Amazon Web Services, Docker, Inc, CA Technologies, Cisco Systems, Puppet Inc, Hewlett Packard Enterprise, Chef Software Inc, Atlassian Corporation Plc, and Other Key Players
Development to Operations Market Segmentation
Market.US has divided the Development To Operations market into North America, Europe, and APAC. The market is divided into Cloud and On-premise by deployment. The market was further segmented by End-Use into IT, BFSI, and Telecom.
Frequently Asked Questions
What is the size of the development to operations market?
The development to operations market was valued at USD 4.23 Billion in 2021. It is projected to grow to $19.12 Billion by 2032.
What is development to operations market?
The development to operations market is expected to expand at a compound annual rate of 14.7 % between 2021 and 2032, reaching $19.12 Billion in 2032.
Which segment had the largest share of the development to operations market?
With a 38.9% share in 2021, North America was the dominant market for development and operations. This is due to technological proliferation, higher penetration of smartphones, improved network connectivity, the high adoption rate for digital services, and high adoption rates in the region.
What factors are driving the development to operations market?
DevOps will continue to grow due to the increasing use of cloud technologies, rapid application delivery, and advances in artificial intelligence and software automation.
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