DevSecOps Market Size Worth $17.24 Billion By 2028

Published On: December 16, 2021

The global DevSecOps Market is estimated to arrive at USD 17.24 billion by 2028. It is projected to develop by 24.1% CAGR from 2021 to 2028.

The Development, Security, and Operation, abbreviation of it is DevSecOps. These resolutions assist in adding safety at every stage of the software development lifecycle, starting from the first phase of design via incorporation, examination and use.

DevSecOps resolutions assist businesses to make better teamwork between IT with operational teams, make more efficient workflow, and attain greater competence along with the output.

The features like increasing incidences of cybercrime, growing implementation of the Work From Home (WFH) form, changing customer inclination to online stages, and increasing infiltration speed of the internet, have globally increased the demand for DevSecOps resolutions.

The rising necessity for incessant deliverance of the application by way of extreme safety measures is, furthermore, projected to stimulate the demand for DevSecOps resolutions, during the forecast period.

The growing implementation of cloud technologies through businesses plus the growth in the figure of cyber assaults are anticipated to impel the enlargement of the DevSecOps Market. Besides, the increasing inclination for the linked apparatuses, like laptops, smart phones and tablets, between the persons is estimated to steer the expansion of the market.

The North America held the major share of the global market, in 2020. The region comprises developed nations, such as Canada and the U.S. Generally, these nations are famous for the insistent acceptance of sophisticated technologies, like cloud computing, artificial intelligence (AI), the internet of things (IoT) and machine learning. A well-built as well as strong IT infrastructure set up within the region might encourage the demand for DevSecOps resolutions.

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Further key findings from the report suggest:

• As a result of fast progressions in the IT infrastructure, internet of things (IoT) and cloud computing, Asia Pacific local market is projected to increase by the maximum CAGR during the forecast period. This has directed the regional businesses to take on DevSecOps resolutions along with the services

• The small & medium enterprise section is projected to record the maximum CAGR during the forecast period, in terms of the organization, because of the rising alertness regarding DevSecOps plus the huge benefits presented by these resolutions to small & medium enterprises

• The growth in cyber intimidation and augmented susceptibility of business networks are the factors, furthermore, anticipated to initiate an enhancement in business spotlight on safety of the application

• The cloud sector is likely to augment during the forecast period, in terms of the deployment, due to the benefits like scalability, safety, suppleness, and cost-savings, offered by the cloud sourced deployments

• In 2020, the software division held above 60.0% share and led the market, in terms of the component

Million Insights segmented the global DevSecOps market based on Deployment, Vertical, Organization, Component, and Region.

DevSecOps Component Outlook (Revenue, USD Million, 2018 - 2028)
    • Software
    • Service

DevSecOps Deployment Outlook (Revenue, USD Million, 2018 - 2028)
    • On-Premise
    • Cloud

DevSecOps Organization Outlook (Revenue, USD Million, 2018 - 2028)
    • Small and Medium Enterprise
    • Large Enterprise

DevSecOps Industry Vertical Outlook (Revenue, USD Million, 2018 - 2028)
    • BFSI
    • IT & Telecommunication
    • Government
    • Retail & Consumer Goods
    • Manufacturing
    • Others

DevSecOps Regional Outlook (Revenue, USD Million, 2018 - 2028)
    • North America
        • U.S.
        • Canada
    • Europe
        • U.K.
        • Germany
    • Asia Pacific
        • China
        • Japan
        • India
    • Latin America
        • Brazil
        • Mexico
    • Middle East & Africa

Companies

Various companies for DevSecOps Market are:

    • Riverbed Technology
    • Microsoft Corporation
    • Google LLC
    • CA Technologies
    • Synopsys
    • Palo Alto Networks
    • IBM
    • Copado