The global development to operations market size is expected to reach USD 39.84 billion by 2030, registering a CAGR of 20.7% during the forecast period, according to a new report by Grand View Research, Inc. from 2022 to 2030 Increasing demand for stream lining collaborations between Information Technology (IT) and operations team intended for the business productivity, are the major drivers of the growth of the Development to Operations (DevOps) market.
Additionally, the rising adoption of agile frameworks along with the continuous integration and deployment practices are likely to create the need to adopt development to operations solution. These digital capabilities help organizations to make the delivery process more simple and versatile. This is attributed to the rise in demand for DevOps solution, during the forecast period.
Development to operations helps enhance the collaboration between the development teams, operations teams, and the quality assurance teams in order to ensure a continuous integration, testing, and delivery of the software. For instance, the Development Bank of Singapore (DBS) has planned to step into open source and micro services by adoption of DevOps tools in order to serve their customers in a more structured manner. DevOps solution features automated software development methodology which does not differentiate if the team is working remotely or on-premise. Due to this autonomous facility, there are lucrative opportunities for the growth of the market.
The collaborative development to operations environment encourages knowledge sharing among teams. The automated, continuous monitoring and testing of the code contributes to the overall quality of the software. Teams are empowered to share feedback with one another to detect the errors and resolve them as soon as possible.
DevOps tools can also enable the developers to integrate a continuous feedback loop so that the response time can be shortened and new versions of the software can be released continuously. Thus, it allows organizations to make development to operations workflows more streamlined, automated and profitable to maximize efficiency.
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The cloud segment is expected to observe a CAGR of 21.4% during the forecast period. The segment growth can be attributed to the increased adoption of automation, along with digitization of the enterprises, and lesser costs for the deployment activities. Thus improving scalability and flexibility within businesses as it allows businesses to access data across connected devices at any point. These benefits will supplement the growth of the segment during the forecast period
The SME segment is expected to witness significant growth of a CAGR of 21.9% during the forecast period owing to the increasing number of small and medium enterprises, across emerging economies, opting for the efficient business solutions
The BFSI segment accounted for 21.7% of CAGR during the forecast period. Increasing digitization, coupled with increasing demand of the customers for efficient delivery processes and services are the factors , expected to drive the market growth
North America is expected to account for highest share, during the forecast period. Key factors contributing to the regional growth are rapid adoption of automation tools, advanced cloud infrastructure, and its wide usage across various sectors such as retail, IT, telecom, and BFSI
Grand View Research has segmented the global development to operations market based on the deployment, enterprise size, end use, and regions:
Development To Operations Deployment Outlook (Revenue, USD Million, 2017 - 2030)
Development To Operations Enterprise Size Outlook (Revenue, USD Million, 2017 - 2030)
Development To Operations End-use Outlook (Revenue, USD Million, 2017 - 2030)
Development To Operations Regional Outlook (Revenue, USD Million, 2017 - 2030)
Middle East & Africa (MEA)
List of key players of Development To Operations Market
Amazon Web Services
Hewlett Packard Enterprise
Chef Software, Inc,
Atlassian Corporation Plc
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