Quick Overview of the DevSecOps Market Analysis
The Global DevSecOps Market Analysis, research report provides an in-depth market study with qualitative and quantitative research of the continuing industry trends, opportunities, growth areas, drivers, and challenges, which would enable stakeholders to align their market strategies according to the present & future market dynamics.
Detailed Analysis of Global DevSecOps Industry (2024-30): Reveals Further Growth &Market Expansion
According to the most recent study, the Global DevSecOps Market size was valued at USD 5.98 billion in 2023 & is projected to reach USD 18.78 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 15.77% during the forecast period, i.e., 2024-30. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, regional landscape, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024-30.
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Global DevSecOps Market Challenge:
Resistance to Adopt New Practices in the Development Cycle by Organizations – Organizations in different sectors often resist any changes that would impact the workflow. The implementation of DevSecOps tools is often associated with an operational shift in the software development lifecycle. Owing to this, establishments in certain verticals are hesitating to invest in new tools and technologies associated with DevSecOps. Moreover, at times there is limited expertise among small-scale organizations, in terms of security implementation practices, which further makes these organizations swift away from DevSecOps automation. This resistance and reluctance to change disrupt the adoption of DevSecOps practices and it is also slowing down its implementation across various verticals such as the public sector, healthcare, etc. Hence the hesitance from organizations in embracing DevSecOps is hindering the expansion of the market size.
DevSecOps Market Segmentation Analysis
-By Offering
- Solution – Market Size & Forecast 2019-2030, (USD Million)
- Service – Market Size & Forecast 2019-2030, (USD Million)
-By Deployment
- On-Premise- Market Size & Forecast 2019-2030, (USD Million)
- Cloud- Market Size & Forecast 2019-2030, (USD Million)
-By Organization Size
- Small & Medium Enterprise- Market Size & Forecast 2019-2030, (USD Million)
- Large Enterprise- Market Size & Forecast 2019-2030, (USD Million)
-By End User
- Banking Financial Services and Insurance (BFSI)- Market Size & Forecast 2019-2030, (USD Million)
- IT & Telecom- Market Size & Forecast 2019-2030, (USD Million)
- Manufacturing- Market Size & Forecast 2019-2030, (USD Million)
- Healthcare- Market Size & Forecast 2019-2030, (USD Million)
- Retail- Market Size & Forecast 2019-2030, (USD Million)
- Media & Entertainment- Market Size & Forecast 2019-2030, (USD Million)
- Others (Education, Tourism, etc.)- Market Size & Forecast 2019-2030, (USD Million)
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Geographical Analysis:
-By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
North America is showcasing noteworthy adoption of DevSecOps practices, due to the region’s prominent position in the global technology landscape, with a significant concentration of telecommunication giants, manufacturing facilities, BFSI, etc. Along with this, North America also boasts a well-established IT infrastructure, featuring an extensive network of data centers. Additionally, in North America, the presence of major tech companies is enhancing software innovations due to aggressive competition. This has led many companies to adopt DevSecOps tools to maintain a competitive edge.
Key Players and Competitive Strategies in the DevSecOps Market
The report provides a study that looks at the requirements for manufacturing and processing, project expenses, finance, and economics, as well as projected profit margins and returns on investment. This also helps in identifying the major market players in the market such as:
- CA Technologies
- Google LLC
- IBM
- Microsoft Corporation
- Synopsys
- PaloAltoNetworks
- DuploCloud
- Micro Focus
- Veritas
- Checkpoint
- Accenture
- Autorabit
- Sophos
- Oxeye
- Veracode
- Others
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Global DevSecOps Industry Recent Development:
- 2023: Veritas joined forces with Dynatrace to utilize partner programs aimed at incentivizing their respective channels to adopt cloud technologies. This joint effort offers partners training opportunities, empowering them to improve their skills in unified observability, security, AIOps, advanced DevSecOps, and CloudOps.
- 2022: AutoRabit launched a DevSecOps tool named CodeScan Shield for Salesforce environments to address security issues arising from policy changes and misconfigurations.
Key Report Highlights
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Key Questions Answered in the Research Report
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry across the globe?
- How has the industry been evolving in terms of geography and product adoption?
- How has the competition been shaping up across various regions?
- How have buying behaviour, customer inclination, and expectations from product manufacturers been evolving during 2024-30?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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