DevSecOps Market Forecasts to 2028 – Global Analysis By Component (Solution and Services), Deployment Type (Cloud and On-Premises), Organization Size (SMEs and Large Enterprises), End User and By Geography
According to Stratistics MRC, the Global DevSecOps Market is accounted for $2.58 billion in 2020 and is expected to reach $20.05 billion by 2028 growing at a CAGR of 29.2% during the forecast period. Rising focus on security and compliance, increasing awareness regarding the benefits of DevOps among enterprises and surge in need for continuous and secure application delivery are driving the market growth. However, resistance to the adoption of new tools and technologies and lack of skilled professionals are hampering the growth of the market.
Integration of security practices within the DevOps is termed as DevSecOps, which stands for development, security, and operations. These practices are primarily focused on creating innovative solutions for complex software development processes within an agile framework. DevSecOps is adopted within the organizations to provide cybersecurity with the aim of implementing security decisions and actions at the same level and actions as DevOps decisions and actions.
Based on the deployment type, the cloud segment is going to have lucrative growth during the forecast period. This can be attributed to the ease of access provided by the cloud segment during the production along with improved security and performance. Moreover, cloud solutions benefit the organizations through speed, security and round the clock services.
By geography, Asia Pacific is going to have high growth during the forecast period owing to the advancements in internet of things (IoT), infrastructure services and cloud computing which in turn have led numerous organizations to adopt DevSecOps solutions and services.
Some of the key players profiled in the DevSecOps Market include Synopsys Inc., Micro Focus International Plc, Chef Software, Check Point Software Technologies, Qualys Inc., Palo Alto Networks Inc., IBM Corporation, Google LLC, Microsoft Corporation, CA Technologies, Aqua Security, Continuum Security, Contrast Security, Puppet Labs and Rough Wave Software.
Deployment Types Covered:
Organization Sizes Covered:
• Small and Medium-Sized Enterprises (SMEs)
• Large Enterprises
End Users Covered:
• Banking, Financial Services, and Insurance (BFSI)
• Energy & Utilities
• Government & Public Sector
• Healthcare & Lifesciences
• Information Technology (IT) and Telecom
• Media & Entertainment
• Retail & Consumer goods
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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