Markntel Advisors’ report, DevSecOps Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the DevSecOps presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
DevSecOps Market Research Report & Market Summary:
The Global DevSecOps Market size was valued at USD 5.98 billion in 2023 & is projected to reach USD 18.78 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 15.77% during the forecast period, i.e., 2024-30. In the past decade, the importance of security in software development has substantially increased due to the demand for agility and high quality. Owing to this, establishments across verticals like IT & telecom, BFSI, healthcare, and retail are integrating DevSecOps solutions to increase security and enhance software delivery speed. This surging adoption of DevSecOps tools is particularly notable in countries with advanced IT infrastructure like the US, Japan, China, and South Korea.
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DevSecOps Market Dynamics:
Key Driver-
Growing Needs for Mitigating Security Vulnerabilities – Globally, the cyber security landscape has been constantly evolving, posing significant threats to establishments across verticals. As per cybercrime analytics firm, Spycloud, in 2023, almost 81% of establishments were affected by ransomware at least once. Most of these cyberattack numbers were carried out by comparatively small and agile ransomware gangs. These cyber security threats include a wide range of SQL injections, cross-site scripting, data breaches, insecure APIs, malware, phishing attacks, unpatched vulnerabilities, and unauthorized access among others.
Owing to this rapidly growing cyber threat scenario, software developers consider security as a major concern that is altering the process of software development. The developers consider these risks to be multifaceted, targeting sensitive data, the integrity of systems, and the privacy of users. DevSecOps security tools operate on the principle of early detection and resolution of security fragility to counteract the growing threat of unpatched vulnerabilities. Hence, as the underlying necessity for robust cybersecurity measures throughout the software development lifecycle is increasing, the demand for DevSecOps tools is also growing across verticals.
DevSecOps Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
By Offering
- Solution - Market Size & Forecast 2019-2030, (USD Million)
- Service - Market Size & Forecast 2019-2030, (USD Million)
- Professional - Market Size & Forecast 2019-2030, (USD Million)
- Managed - Market Size & Forecast 2019-2030, (USD Million)
By Deployment
- On-Premise- Market Size & Forecast 2019-2030, (USD Million)
- Cloud- Market Size & Forecast 2019-2030, (USD Million)
By Organization Size
- Small & Medium Enterprise- Market Size & Forecast 2019-2030, (USD Million)
- Large Enterprise- Market Size & Forecast 2019-2030, (USD Million)
Large enterprises have been at the forefront of adopting DevSecOps practices due to their complex IT infrastructure. DevSecOps is crucial in such intricate settings as it ensures control, security, and consistency across diverse systems. Large enterprises deal with sensitive data and stringent security and compliance regulations.
By End User
- Banking Financial Services and Insurance (BFSI)- Market Size & Forecast 2019-2030, (USD Million)
- IT & Telecom- Market Size & Forecast 2019-2030, (USD Million)
- Manufacturing- Market Size & Forecast 2019-2030, (USD Million)
- Healthcare- Market Size & Forecast 2019-2030, (USD Million)
- Retail- Market Size & Forecast 2019-2030, (USD Million)
- Media & Entertainment- Market Size & Forecast 2019-2030, (USD Million)
- Others (Education, Tourism, etc.)- Market Size & Forecast 2019-2030, (USD Million)
The IT & Telecom sector is emerging as a significant adopter of DevSecOps practices. During the past decade, establishments in the IT and telecom sectors have been constantly innovating and developing new software for different applications.
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific.
North America is showcasing noteworthy adoption of DevSecOps practices, due to the region's prominent position in the global technology landscape, with a significant concentration of telecommunication giants, manufacturing facilities, BFSI, etc. Along with this, North America also boasts a well-established IT infrastructure, featuring an extensive network of data centers. Additionally, in North America, the presence of major tech companies is enhancing software innovations due to aggressive competition. This has led many companies to adopt DevSecOps tools to maintain a competitive edge.
As indicated in the latest market research report published by Markntel Advisors, “DevSecOps Research Report: Forecast (2024-2030)”, this report offers a detailed analysis of the industry, featuring insights into the DevSecOps industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/devsecops-market.html
Top Companies Operating in the DevSecOps Market:
- CA Technologies
- Google LLC
- IBM
- Microsoft Corporation
- Synopsys
- PaloAltoNetworks
- DuploCloud
- Micro Focus
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Veritas
- Checkpoint
- Accenture
- Autorabit
- Sophos
- Oxeye
- Veracode
*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address*
Other Report:
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Key Report Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Frequently Asked Questions (FAQs)-
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What leading factors would propel and impede the industry across the geography?
- How has the industry been evolving in terms of geography & DevSecOps Market adoption?
- How has the competition been shaping up across the geography?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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