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DevSecOps Market Report Scope & Overview:

The DevSecOps Market size was valued at USD 4.27 Bn in 2022 and is expected to reach USD 23.63 Bn by 2030, and grow at a CAGR of 23.84% over the forecast period 2023-2030.

DevSecOps is a collection of software development strategies that automate procedures between software development and information technology operations. This automation has the potential to reduce the systems development life cycle while often distributing updates, additions, and fixes. DevSecOps, on the other hand, is the integration of security principles inside DevOps. It is an acronym that stands for development, security, and operations. Within an agile context, these techniques are focused on developing novel solutions for difficult software development processes. DevSecOps is used inside enterprises to offer cybersecurity with the goal of executing security choices and actions at the same level and with the same actions as DevOps decisions and actions.

DevSecOps Market Revenue Analysis

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DevSecOps is more than just security professionals; it is a cooperation of people and procedures that includes development, operations, and security staff, as well as technology. Code analysis, change management, compliance monitoring, threat investigation, vulnerability assessment, security training, and other components are critical components of the DevSecOps strategy. DevSecOps can result in security features like identity and access management, firewalling, and vulnerability scanning being activated programmatically throughout the DevOps lifecycle, giving security teams more freedom to define policies.

MARKET DYNAMICS:

KEY DRIVERS:

  • There is an increasing demand for highly secure and continuous application delivery.

  • Increased emphasis on security and compliance.

  • Enterprises are becoming more aware of the benefits of DevOps.

RESTRAINTS:

  • Reluctance to Adopt New Tools and Technologies.

OPPORTUNITY:

  • Adoption by SMEs has a huge potential.

CHALLENGES:

  • a scarcity of skilled professionals

  • Reliance on Outdated Application Development Processes

IMPACT OF COVID-19:

The introduction of COVID-19 has a significant influence on all sectors worldwide. Furthermore, closures and limitations have caused many to work from home, resulting in a spike in online traffic in several locations throughout the world. Furthermore, widespread use of conferencing apps will benefit from increased usage, while other technologies, such as virtual private networks (VPNs), cyber security, and data protection, will see an increase as most workforces operate remotely. COVID-19 technology may have a significant influence in the medium to long term. Everyone is compelled to accept new technology and learn about its benefits. More investments in digital infrastructure are likely.

MARKET ESTIMATION:

The component section is divided into two parts: software and services. In 2022, the software category dominated the market. This is due to the increasing demand for highly secure continuous application delivery. The component section is divided into two parts: software and services. In 2021, the software category dominated the market. This is due to the increasing demand for highly secure continuous application delivery. During the projected period, the software segment is predicted to grow at the fastest rate. The rising popularity of DevSecOps among enterprises, as well as benefits such as increased speed and agility, improved communication and cooperation across teams, early vulnerability detection, and security, are projected to drive demand for DevSecOps software throughout the projection period.

The market has been divided into three categories: small, medium, and big enterprises. In 2022, the big enterprise sector dominated the market. Large organizations are early adopters of technology that improve quality and efficiency, shorten business operations time, streamline workflow, and save expenses. As a result, major businesses are the most aggressive users of DevSecOps solutions to protect their apps. From 2023 to 2030, the small and medium enterprise category is predicted to grow at the fastest CAGR. Because of the simplicity of use, agility, rapid application delivery, and flexibility provided by DevSecOps solutions, small and medium-sized businesses are likely to employ them more frequently. These advantages are projected to fuel DevSecOps demand in small and medium-sized businesses throughout the projection period.

The market has been divided into verticals such as BFSI, IT and communications, government, retail and consumer goods, manufacturing, and others. In 2021, the IT and telecommunications segment dominated. DevSecOps is used in the IT sector to assist automate software development, testing, and operations, which improves product quality, customer experience, and delivery time. DevSecOps solutions also assist the business in resolving challenges with release deadlines and software quality. From 2023 to 2030, the BFSI segment is predicted to grow at the fastest CAGR. In recent years, the BFSI vertical has seen a tremendous surge in cyber threats and assaults. The growing desire for mobile and online banking has raised the danger of attacks and data breaches, resulting in greater use of DevSecOps.

The market has been divided into two segments based on deployment: on-premise and cloud. In 2022, the on-premise segment dominated the market. Due to increased concerns about data security and privacy protection, many businesses prefer the on-premise implementation of DevSecOps solutions. Furthermore, on-premise DevSecOps systems do not require an internet connection and can be readily modified to meet the needs of the organization. Over the projection period, the category is predicted to increase steadily. From 2023 to 2030, the cloud category is predicted to grow at the fastest CAGR. The cloud deployment methodology works with a variety of devices and channels, including smartphones, tablets, and social media. Over the projection period, the increased desire to reduce capital and operating expenditures is likely to fuel demand for cloud deployment of DevSecOps solutions.

KEY MARKET SEGMENTS:

On The Basis of Component

  • Software

  • Service

On The Basis of Deployment

  • On-Premise

  • Cloud

On The Basis of Organization

  • Small and Medium Enterprise

  • Large Enterprise

On The Basis of Industry Vertical

  • BFSI

  • IT & Telecommunication

  • Government

  • Retail & Consumer Goods

  • Manufacturing

  • Others

DevSecOps Market Segmentation Analysis

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REGIONAL ANALYSIS:

North America is expected to lead the worldwide DevSecOps market. A high adoption rate of digital services, technical proliferation, enhanced network connectivity, and increased smartphone usage are key factors promoting regional market progress. The existence of major technology enterprises is anticipated to contribute to the market's growth. Because of increased spending on connected devices, rising demand for digital services, and investments in various cloud and IoT technologies, the Asia Pacific region is expected to be one of the fastest expanding areas in the market.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

KEY PLAYERS:

The major key players are CA Technologies, IBM Corporation, MicroFocus, Synopsys, Inc., Microsoft Corporation, Google LLC, Riverbed Technology, Inc., Dialogic, Cloudflare, Inc., Array Networks and Other Players

Array Networks-Company Financial Analysis

Company Landscape Analysis

DevSecOps Market Report Scope:
Report Attributes Details
Market Size in 2022  US$ 4.27 Billion
Market Size by 2030  US$ 23.63 Billion
CAGR  CAGR 23.84% From 2023 to 2030
Base Year  2022
Forecast Period  2023-2030
Historical Data  2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Component (Software and Service)
• By Deployment (On-Premise and Cloud)
• By Organization (Small and Medium Enterprise and Large Enterprise)
• By Industry Vertical (BFSI, IT & Telecommunication, Government, Retail & Consumer Goods Manufacturing, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, +D11UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles CA Technologies, IBM Corporation, MicroFocus, Synopsys, Inc., Microsoft Corporation, Google LLC, Riverbed Technology, Inc., Dialogic, Cloudflare, Inc., Array Networks
Key Drivers •Increased emphasis on security and compliance.
•Enterprises are becoming more aware of the benefits of DevOps.
Market Restraints •Reluctance to Adopt New Tools and Technologies.

Frequently Asked Questions

Ans: - The DevSecOps Market size was valued at USD 4.27 Bn in 2022.

Ans: - There is an increasing demand for highly secure and continuous application delivery and increased emphasis on security and compliance.  

Ans: - North America is expected to lead the worldwide DevSecOps market.

Ans. The primary growth tactics of DevSecOps market participants include merger and acquisition, business expansion, and product launch.

Ans: - The study includes a comprehensive analysis of DevSecOps Market trends, as well as present and future market forecasts. DROC analysis, as well as impact analysis for the projected period. Porter's five forces analysis aids in the study of buyer and supplier potential as well as the competitive landscape etc.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7. PEST Analysis

 

8. DevSecOps Market Segmentation, by Component

8.1 Software

8.2 Services

9. DevSecOps Market Segmentation, by Deployment

9.1 On-premise

9.2 Cloud

10. DevSecOps Market Segmentation, by Organization

10.1 Small and Medium Enterprise

10.2 Large Enterprise

11. DevSecOps Market Segmentation, by Industry Vertical

11.1 BFSI

11.2 IT & Telecommunication

11.3 Government

11.4 Retail & Consumer Goods

11.5 Manufacturing

11.6 Others

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

13. Company Profiles

13.1 CA Technologies

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 IBM Corporation

13.3 MicroFocus

13.4 Synopsys, Inc.

13.5 Microsoft Corporation

13.6 Google LLC

13.7 Riverbed Technology, Inc.

13.8 Dialogic

13.9 Cloudflare, Inc.

13.10 Array Networks

14. Competitive Landscape

14.1 Competitive Benchmarking

14.2 Market Share Analysis

14.3 Recent Developments

15. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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