Technology DevOps Market

Market Highlights DevOps term is derived by combining words development (Dev) and information technology operations (Ops) for a set of practices used for the development of software. DevOps shortens the systems development life cycle while delivering features, fixes, and timely updates adhering to business objectives. In an IT business, business units operate as individual entities in an environment where management, processes, and information are guarded. To break down silos on the software development side, there needs better communication and collaboration to serve the needs of the organization best. Here, DevOps comes into the picture aiding to break down enterprise silos, manifesting the culture that partners developers with operations staff to ensure the organization achieves optimal running of software with minimal problems. Moving towards a DevOps-based culture is a solution to breaking down silos. DevOps-based culture is one that supports a willingness to work together and share. Over the past years, the global DevOps market is witnessing a remarkable increase, mainly due to the rapidly growing IT industry. Various small to large scale enterprises are reliant on cloud-based solutions for service virtualization and containerization, this, as a result, is acting as a key driving force behind the expansion of the global DevOps market. Additional factors, such as the growing demand for digitalization and the rising uptake of the cloud platform, are substantiating the growth of the market. Increasing cloud-based data storage and cloud-based applications alongside, the growing intervention of the Internet of Things (IoT) drive the global DevOps market. Augmenting demand for the reduction in the cost of process automation set-up & maintenance services improved operational efficiencies foster the growth in the market. Besides, the increasing implementations of automated business process across various industry verticals propel the growth in the global DevOps market. Conversely, complexities related to the implementation process of DevOps and lacks of standardization are some of the factors expected to obstruct the market growth over the review period. Nevertheless, increasing availability of well-established infrastructure that allows implementation and higher penetration of advanced technologies is expected to support the market growth in the years to come. Global DevOps Market – Segments For a better understanding, the report has been segmented into five key dynamics: By Solution: Monitoring and Performance Management, Lifecycle Management, Analytics, Delivery & Operations Management, and Testing & Development By Deployment: On-premise and on-Cloud (Public Cloud, Private Cloud, and Hybrid Cloud) By Organization Size: Small and Medium-sized Enterprises (SMEs) and Large Enterprise. By Industry Verticals: Retail, BSFI, Information & Telecommunication Technology Enabled Services (ITES), Media & Entertainment, Manufacturing, Healthcare, Government & Public Sector, Education, Energy & Utilities, Travel and Hospitality, and Transportation & Logistics, among others. By Regions: Asia Pacific, North America, Europe, and the Rest-of-the-World. Global DevOps Market – Regional Analysis