How Big is The DevOps Market Compared to The Cloud Market?

In recent years, the ears of DevOps shouting have been seen, but how big is the DevOps market? After studying it, I hope that at least there will be at least an order of magnitude concept for everyone.

in conclusion:
The DevOps market size will be above US$3 billion in 2018 and will reach around US$13 billion by 2024. Compared with the cloud computing market, Gartner predicts that the market will grow by 17.3% in 2019. The fastest growing segment, cloud system infrastructure services or infrastructure as a service (IaaS), is expected to grow by 27.6% in 2019. Gartner predicts that by 2021, cloud revenue will reach $278 billion.

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ameriresearch data

The global DevOps platform market was worth US$2.6 billion in 2016, and it is expected that the compound annual compound growth rate will reach 22.5% from 2017 to 2024, and eventually global sales will reach US$12.93 billion by 2024.

Development and operation and maintenance ( DevOps) refers to a combination of practices and tools that can improve the efficiency of collaboration, integration, automation, and communication of an organization’s software development and IT operations. The stimulating pace enables global organizations to provide customers with quality services and gain a competitive advantage. It has emerged two main IT trends, namely "agile system management" and "agile operation and maintenance".

With the emergence of concepts including containerization, service visualization, and platform as a service (PaaS), cloud usage in organizations continues to increase and is expected to drive market growth during the forecast period. The increasing demand for operation and maintenance agility and the further increase in the adoption rate of small businesses are expected to drive overall market growth at a rapid pace. When developing software packages, it is necessary to provide a standardized platform for developers and operation and maintenance teams, which is a key factor driving the demand for DevOps. With these platforms, developers can work in a collaborative environment and provide products and services in a timely manner.

Major companies in the global market include IBM Corporation, Puppet Labs, CA Technologies, Red Hat Inc., Clarizen Inc., Chef Software Inc., docker Inc., Hewlett-Packard Enterprise Development LP, SlatStack Inc., cisco Systems Inc., Microsoft Corporation and Rackspace.

grandviewresearch

The global DevOps market size was estimated at USD 2.77 billion in 2016 and is expected to grow at a CAGR of 18.60% during the forecast period. Development and operation and maintenance can be defined as a set of tools and practices to promote collaboration, integration, automation and communication of software development and IT operations in the enterprise. It can help companies improve efficiency and productivity, streamline work processes, and improve collaboration between IT teams.

marketsandmarkets

The DevOps market is expected to grow from US$3.42 billion in 2018 to US$10.31 billion in 2023, with a compound annual growth rate (CAGR) of 24.7% during the forecast period. The demand for DevOps is expected to be driven by several factors, such as cost reduction, flexibility, flexibility and rapid application delivery. DevOps combines research and innovation expertise with the entire life cycle of application development to accelerate time to market (TTM) and enhanced operational processes.

The DevOps market has been segmented according to type, deployment model, organization size, industry vertical and region. The service business unit is expected to grow at a high compound annual growth rate during the forecast period, while the solution unit is expected to occupy a larger market size in the 2018 market. Due to its ease of use and flexibility, the adoption of DevOps solutions and services among small and medium-sized enterprises (SMEs) has become a core part of business processes. In addition, the adoption of DevOps solutions and services is expected to grow in the next few years.

It is estimated that the public cloud segment will account for the largest market size in 2018. By using DevOps solutions, companies are developing newer and better ways to increase operational efficiency while reducing costs. Faster deployment, scalability and flexibility; regulatory compliance requirements; expected need to reduce capital expenditure (CAPEX) and operating expenditure (OPEX) will drive demand for DevOps solutions and services. Enterprises adopting DevOps are increasingly inclined to deploy DevOps solutions to run their critical business functions.

The North American market is expected to be the largest in 2018, and the Asia-Pacific region (APAC) is expected to grow at the highest CAGR during the forecast period of the DevOps market. The growing demand for efficient computing frameworks and complete security when running in physical, virtual or cloud environments is expected to drive the global market.