Global DevSecOps Market: Overview
Development and operations can be considered as a collection of processes and tools that drive cooperation, automation, integration, and communication in a company's IT operations and software development. It assists businesses in increasing efficiency and productivity, streamlining procedures, and improving cooperation across IT staff. Increased enterprise use of cloud technologies for micro services, service virtualization, PaaS, and containerization among other things, is likely to boost expansion of the global devsecops market. Rising organizational expenditures in IT concepts like IoT, cloud technologies, BYOD, and mobility together with rapid acceptance of automated software solutions are further likely to drive development of the global devsecops market.
DevOps technologies link operations, development, as well as quality assurance teams to assist automated processes for developing, delivering, and operating software solutions and applications. DevOps solutions can be used in numerous ways to meet unique business requirements and automate the software development lifecycle.
This study from Transparency Market Research (TMR) provides a complete insight of the global devsecops market. It provides well-researched data on a variety of market aspects in order to provide useful business input for profit generation.
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Global DevSecOps Market: Notable Developments
CA Technologies bought Automic, a supplier of service orchestration software and IT automation solutions, in January 2017 to expand its DevOps portfolio.
The noted players that are operational in the global devsecops market are Clarizen, Inc., Hewlett Packard Enterprise, Cisco Systems, Inc., CA Technologies, IBM Corporation, and Puppet Labs, Inc..
Global DevSecOps Market: Key Trends
Below-mentioned market trends and opportunities mark the global devsecops market:
Rise in Internet Penetration and Surge in Cybercrimes to Work in Favor of the Market
The primary goal of devsecops is to automate security protocols and other processes required in developing applications. One of the factors likely to drive growth of the global devsecops market is the rising need for more secure and faster application delivery. Furthermore, increased penetration of internet and a surge in cybercrimes is likely to promote market growth In addition to that, the continued spike in the number of organizations and applications transitioning to the cloud, 5G rollouts and Internet of Things deployments, and are expected to offer new growth opportunities for the market.
Furthermore, expansion of the global devsecops market is likely to be driven by increasing incidences of security hacks and breaches in the application development method. Therefore, security is coming up as one of the critical components. Furthermore, the rising demand for better and dependable security as a result of the increasing demand for application development and delivery amongst businesses is estimated to drive market expansion. Factors such as strong emphasis on compliance and security, escalating security breaches, and need to follow security norms and laws are likely to augur well for the market in the years to come. The growing need for highly secured and constant application delivery and increased awareness of devsecops platforms are all contributing towards market growth.
Furthermore, the solution's high acceptance rate amongst SMEs, increased technical improvements, and expanding modernization in the procedures is estimated to offer up new potential avenues for major players in the devsecops market throughout the forecast period.
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Global DevSecOps Market: Geographical Analysis
The North America region is likely to dominate the global DevSecOps market. Key reasons encouraging the expansion of the regional market include a high acceptance rate of digital services, technological proliferation, improved network connectivity, and greater smartphone usage. The presence of significant technological firms such as Docker, Inc, Puppet Labs, Inc., Hewlett Packard Enterprise, Chef, Inc. Cisco Systems, Inc., CA Technologies, and IBM Cop Corporation is likely to contribute to the market's development.
The Asia Pacific region is predicted to be one of the rapidly growing regions in the market, thanks to augmented spending on connected devices, rising demand for digital services, and investments in different cloud and IoT technologies.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.