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The DevOps Platform Market size is estimated to grow by USD 22.34 billion, at a CAGR of 27.89% between 2023 and 2028. The growth of the market depends on several factors, including reduced delivery time, the increased need for a standardized platform, cost reduction, and superior service. Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. Digitization drives system automation technologies, while Agile software development and Lean programming methodologies optimize Devsecops methodology for efficiency. Accenture, the company offers DevOps platform statistics that include preconfigured tools, test environments, automation blueprints, leading practices, and security features. The DevOps industry thrives on cloud computing services and optimizing on-premises infrastructure through practices like GitOps and leveraging Git repositories for version control. Organizations aim to become DevOps Ready, DevOps Enabled, or DevOps Capable, empowering Operations team members to streamline business value delivery and timely product releases while minimizing bugs. This market research and growth report includes key market drivers, market trends, and challenges during the forecasted period.
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The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in USD Billion for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.
The market share growth by the IT segment will be significant during the forecast period. The IT industry is embracing DevOps solutions for the development and release of multiple software in a short span of time. The need for software quality improvement and enhanced customer services is also increasing with the adoption of the solutions across IT industry verticals. Owing to the increasing benefits of continuous validation (CV), the IT industry has widely adopted CV for DevOps at various levels, such as executives, managers, and practitioners.
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The IT segment was valued at USD 1.23 billion in 2018. Industries are automating their operational processes. This is encouraging IT companies to implement next-generation IT solutions. Budget constraints in the IT industry are prompting C-suite executives and IT managers to reduce the cost of software development through innovative IT solutions. The extensive development of IT software and adoption of cloud platforms, owing to transforming business processes across the globe, will fuel the growth of the global platform market size and segment through the forecast period.
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North America is estimated to contribute 33% to the market growth during the forecast period. Technavio’s analysts have elaborately explained the regional market trends and drivers that shape the market during the forecast period. Being an early adopter of technologies across industries, North America is an attractive region for the market. The high technology maturity in North America has significantly contributed to the deployment in the region. Technology adoption in numerous industry verticals is significantly high for IT modernization. The adoption of DevOps tools is increasing in the BFSI sector in the region to obtain digital banking solutions. Bank of America implemented the DevOps solution for the automation and faster deployment of applications. This approach was to help the bank in improving its operational efficiency and enhance customer services. Such factors will increase the market size during the forecast period.
The market report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Qualitative and quantitative market analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
In today's rapidly evolving tech landscape, software updates are pivotal for maintaining system reliability and security. Adopting a DevOps approach, where production and operational teams collaborate closely, accelerates the deployment cycle and ensures efficient code administration. This approach also focuses on infrastructure building aligned with corporate IT strategies, integrating robust security components into every phase. Embracing DevOps techniques enhances agility and responsiveness, ensuring continuous improvement in software development and deployment practices across the platform sector.
The reduced delivery time is the key factor driving the global market growth. Most IT departments are under pressure as customers demand faster service delivery. These days, the demand for faster software upgrades is commonplace. Additionally, frequent hacking attacks have made software patches common to fix bugs in major software architectures. Therefore, if a company does not provide timely updates and upgrades, it will inevitably lead to the loss of customers. Therefore, most executives are focused on developing faster service delivery models. This has led to the emergence of DevOps third-party providers that coordinate and integrate the goals of traditional application developers, QA, and operations teams for faster time to market. DevOps tools help in increasing the effectiveness of operating conditions of an IT environment. Redundant tasks such as running codes for quality checks several times are almost eliminated with the use of DevOps. The process also helps in the useful employment of manpower for core processes rather than on repetitive tasks. Such factors will increase the market growth during the forecast period.
Increased adoption of Infrastructure as code (IAC) is the primary trend in the global market growth. IAC uses programming and coding techniques to automate IT infrastructure for operations teams in the software development process. With the help of programmable IT infrastructure, the operations team can automate the provisioning of IT resources and manage its IT infrastructure during the software development process. Software developers and operations teams use these tools to collaborate and manage their IT infrastructure. The rapid adoption of virtualization technology is automating the IT infrastructure that includes data centers, networks, and servers for resource provisioning. IAC reduces cycle time, complexities, and errors in the software development process to build software products rapidly. Software development firms are implementing next-generation technologies to automate the software development processes. However, the operational process has not been automated in many firms, as operational teams are using manual processes to manage the IT infrastructure. Therefore, organizations are implementing these tools to shift from manual configuration of IT infrastructure to programmable IT infrastructure. Such factors will increase the market growth and trends during the forecast period.
The technical glitches during DevOps application deployment are a major challenge to the global development of operations platform market growth. These platforms are gaining popularity and are proving to be a key pillar of next-generation IT with the growth of the cloud industry. Organizations focus on building robust software and systems that can perform better and last longer. Once an application has been deployed to the market and commercialized, a major pain point is determining how the application will perform in a live environment. Software functionality in the live environment differs from software functionality in the internal environment. These situations are known to be risky and can deteriorate vendor-customer relationships. Typically, a product is developed using cross-platforms, and the same might not be effective in a live situation. Therefore, the fear of uncertainty on the developed application running in the production or live environment hampers the ability to justify its usefulness, which will hinder the market growth during the forecast period.
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global DevOps Platform Market Customer Landscape
In today's digital era, continuous integration is foundational to agile software development, fostering rapid updates and improvements. Leveraging cloud-based services in education enhances scalability and flexibility compared to traditional on-premises infrastructure, and managed services particularly in sectors like Telecom, IoT, and AI. DevOps systems integrate seamlessly to ensure resilience and streamline IT operations through automated software operations and robust security controls on virtual or cloud platforms. Transitioning from monolithic architecture to microservice architecture enables quicker product updates and supports DevOps design in the DevOps transformation process.
Moreover, standardization bridges process gaps, enhancing CD pipeline efficiency in adopting new IT technologies. Collaborative software development teams break down information silos, reducing repetitive manual work and boosting productivity. Embracing cloud providers, SaaS, and managed environments ensures agility across on-premises and cloud services, integrating physical devices into development environments with open source libraries. Nodes managed by security experts safeguard deployments in diverse deployment models, optimizing continuous integration and testing for superior return on investment in container services and Kubernetes-based container clusters for microservices architecture in Retail and consumer goods, driving E-commerce and digital transformation.
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Market Scope |
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Report Coverage |
Details |
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Page number |
190 |
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Base year |
2023 |
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Historic period |
2018 - 2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 27.89% |
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Market growth 2024-2028 |
USD 22.34 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
25.46 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 33% |
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Key countries |
US, China, France, Germany, and India |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Accenture Plc, Alphabet Inc., Amazon.com Inc., Atlassian Corp. Plc, Broadcom Inc., Cigniti Technologies Ltd., Cisco Systems Inc., CloudBees Inc., Dell Technologies Inc., Digital.ai Software Inc., HashiCorp Inc., Hewlett Packard Enterprise Co., Infosys Ltd., International Business Machines Corp., Microsoft Corp., Open Text Corporation, Oracle Corp., Progress Software Corp., Rackspace Technology Inc., and Red Hat Inc. |
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Market dynamics |
Parent market analysis, Market forecasting growth inducers and obstacles, Fast-growing and slow-growing segment analysis, Market growth and Forecasting, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Component
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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