Enjoy complimentary customisation on priority with our Enterprise License!
The DevSecOps market is estimated to grow at a CAGR of 29.53% between 2022 and 2027. The size of the market is forecast to increase by USD 7,577.43 million. The growth of the market depends on several factors, the increasing incidence of cyberattacks, the growing need for highly secure and continuous application delivery, and the growing awareness of the benefits of DevSecOps among enterprises.
This report extensively covers market segmentation by component (software and service), deployment (on-premise and cloud), and geography (North America, APAC, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
To learn more about this report, Download Report Sample
The increasing incidence of cyberattacks is notably driving the market growth, although factors such as the high costs of deploying enterprise DevSecOps may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key DevSecOps Market Driver
The increasing incidence of cyberattacks is a key factor driving the growth of the global development, security, and operations (DevSecOps) market. Cyber-attacks targeting people, networks, and devices are becoming more sophisticated and sophisticated. In a rapidly changing IT infrastructure, attackers are finding new ways to steal valuable information and disrupt businesses and individuals by infiltrating a variety of devices such as personal computers (PCs), laptops, and smartphones. is finding the Collection of Confidential Information. Increased reliance on these devices for important purposes such as transactions, purchases, and other related activities will increase data theft incidents.
Furthermore, with the emergence of social networking websites, it has become easy for attackers to extract information from vulnerable users. Most security breaches are estimated to be cases of insider fraud (virus attacks from inside a system). Such increasing cases of advanced and sophisticated cyber-attacks are compelling end-users to adopt DevSecOps. Hence, such factors are expected to propel the growth of the market during the forecast period.
Significant DevSecOps Market Trend
Increasing penetration of IoT and distributed denial-of-service (DDoS) attacks are the primary trend in the global development, security, and operations (DevSecOps) market. The threat of cyber-attacks has increased significantly over the years as IoT becomes more prevalent in the consumer electronics industry. The proliferation of connected devices in homes and businesses has increased the need for effective security software for mobile devices. However, hackers are primarily focused on attacking poorly secured networks. Denial of Service (DoS) is the oldest and most prevalent method used to steal sensitive data and send unwanted data to a user's web server or network resources to increase network vulnerability. It's one of the methods. This automatically generated an access request and blocked access to the server and authorized users.
Moreover, hackers are currently shifting toward the use of DDoS techniques, which are the improved versions of DoS. They initiate a coordinated attack from multiple systems using DDoS techniques, which have a more powerful impact than DoS. The need to protect networks from advanced cyber threats has influenced companies around the world to adopt multiple security solutions, such as transaction monitoring solutions, messaging security, web security, e-mail security, data loss prevention, endpoint security, and network security. Thus, vendors in the market are trying to introduce solutions to tackle advanced threats, such as DDoS. This is expected to drive the growth of the market during the forecast period.
Major DevSecOps Market Challenge
The high costs of deploying enterprises are a major challenge to the growth of the global development, security, and operations (DevSecOps) market. Businesses and organizations face investment-related challenges due to the high costs associated with meeting data security requirements. The main criteria for deploying and developing data security solutions are cost-effectiveness, compatibility, reliability, support for new technologies, security, and minimal impact on network infrastructure. However, challenges associated with deploying advanced data security solutions include the high cost and complexity of data security systems, data breaches, underutilized servers, resource-related challenges, and managing portability. These factors increase the costs that businesses bear in managing their IT infrastructure.
Addressing their data security needs results in huge costs to businesses, as it is a continuous process. While hackers only require one tiny vulnerability to exploit any business, businesses need to manage and secure all possible devices, such as PCs, mobiles, and VPNs. With the changing landscape of threats and cybercrimes, the costs incurred on data security services and solutions are increasing proportionately. The number of vulnerabilities keeps increasing with every passing year due to the implementation of new products and services by vendors. In several cases, such vulnerabilities are not even known to administrators, and thus, they require continuous monitoring for both successful and failed attempts at hacking. Such processes increase the costs incurred by businesses to implement and maintain their DevSecOps, which acts as a barrier to the growth of the market during the forecast period.
Key DevSecOps Market Customer Landscape
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 report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global DevSecOps Market Customer Landscape
Vendors 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.
aquasec.com - The company offers devsecops such as the Aqua platform. Also, through this segment, the company offers a cloud-native application protection platform.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
Qualitative and quantitative analysis of vendors 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 vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
The market share growth by the software segment will be significant during the forecast period. In this segment software plays a crucial role in every aspect of a business, going beyond simply aiding the end-users. Software supplied as an online service or application and across a variety of devices allows businesses to communicate with their customers. Additionally, businesses employ software to transform every step of the value chain, including logistics, communications, and operations, to improve their operational efficiencies. Such advantages that lead to a surge in demand for software are driving the software segment of the global DevSecOps market during the forecast period.
Get a glance at the market contribution of various segments Request a PDF Sample
The software segment was valued at USD 627.67 million in 2017 and continue to grow by 2021. In the software segment, the methodology called DevOps aims at enhancing productivity across the whole software development lifecycle. DevSecOps (development, security, and operations) allows software development and IT teams to automate the integration of security at every phase of the software development lifecycle, right from the initial design stage, through integration, testing, deployment, and software delivery. Software development (DevOps) and IT operations are combined in a set of procedures that seek to speed up the systems development lifecycle and offer continuous software delivery of the highest calibre. Such factors will increase the market growth during the forecast period.
For more insights on the market share of various regions Request PDF Sample now!
North America is estimated to contribute 31% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. North America was the largest region of the market in focus in 2022, and it is expected to remain the largest regional market during the forecast period. As a pioneer in the adoption of advanced technologies across industry verticals, such as transportation, telecommunication, and retail, North America is an attractive market for DevSecOps solutions. The expanding IT sector in the region needs high-level security owing to the COVID-19 pandemic, which propelled the growth of the DevSecOps market in the region in 2020 as well as 2021. The industrial sector in the region is highly developed and technologically mature. The development of the sector is expected to lead to the adoption of technology at a faster rate. The prevalence and penetration of major vendors also supplemented market growth in the region in 2021.
In 2020, the outbreak of COVID-19 adversely affected the market in countries like the US, Canada, and Mexico. However, in 2021, the mass COVID-19 vaccination drives carried out across the region and other government initiatives resulted in the removal of the lockdown restrictions and the resumption of business operations. The return of IT employees to offices and increasing demand from end-users are driving the growth of the regional DevSecOps market during the forecast period.
The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
DevSecOps Market Scope |
|
Report Coverage |
Details |
Page number |
156 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 29.53% |
Market growth 2023-2027 |
USD 7,577.43 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
27.13 |
Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
Performing market contribution |
North America at 31% |
Key countries |
US, China, India, Germany, and UK |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Alphabet Inc., Aqua Security Software Ltd., Broadcom Inc., Check Point Software Technologies Ltd., Cloudflare Inc., Contrast Security Inc., Copado Inc., CyberArk Software Ltd., Entersoft Australia Pty Ltd., Fastly Inc., International Business Machines Corp., Microsoft Corp., Okta Inc., Palo Alto Networks Inc., Progress Software Corp., Qualys Inc., Riverbed Technology Inc., Synopsys Inc., ThreatModeler Software Inc., and VMware Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by Deployment
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.