As per this study, the Global DevSecOps Market was valued USD 5.93 BN (by revenue) in 2022 and is anticipated to reach USD 35.58 BN by 2030 with a CAGR of 25.1%.
DevSecOps is an acronym for development, security, and operations. DevSecOps practices are focused on creating new solutions for complex software development process within an agile framework. Its purpose in the organizations is to provide cybersecurity with the objective of implementing security decisions and actions at the same level and actions as DevOps decisions and actions. DevSecOpsis a cloud-based or on-premise deployment services, and find applications across BFSI, IT & telecommunications, government & public sector, and others.
Market Dynamics
The rising demand for highly secured networks along with an increasing focus on security in organizations is augmenting the growth of DevSecOps market. Additionally, increasing adoption of DevSecOps practices in organizations for better overall network security is again boosting the market growth. On the downside, resistance for adopting such modern practices along with lack of skilled expertise in organizations for implementing such methods is likely to impede the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of DevSecOps.
Market Segmentation
The broad DevSecOpsmarket has been sub-grouped into component, deployment type, organization size, and vertical. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Component
By Deployment
By Organization
- Small And Medium Enterprise
- Large Enterprise
By Industry Vertical
- BFSI
- IT & Telecommunication
- Government
- Retail & Consumer Goods
- Manufacturing
- Others
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for DevSecOpsin North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global DevSecOps Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the DevSecOps market include CA Technologies, Google LLC, IBM, Microsoft Corporation, PaloAltoNetworks, Riverbed Technology, Synopsys. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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