Report Id: SNS/ICT/2416 | July 2022 | Region: Global | 135 Pages
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 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.
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.
Reluctance to Adopt New Tools and Technologies.
Adoption by SMEs has a huge potential.
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Reliance on Outdated Application Development Processes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.
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. 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 2021, 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 2022 to 2028, 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 2021 to 2028, 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 2021, 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 2021 to 2028, 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
On The Basis of Deployment
On The Basis of Organization
Small and Medium Enterprise
On The Basis of Industry Vertical
IT & Telecommunication
Retail & Consumer Goods
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.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
The major key players are CA Technologies, IBM Corporation, MicroFocus, Synopsys, Inc., Microsoft Corporation, Google LLC, Riverbed Technology, Inc., Dialogic, Cloudflare, Inc., Array Networks
|Market Size in 2022||US$ 4.27 Billion|
|Market Size by 2030||US$ 23.63 Billion|
|CAGR||CAGR 23.84% From 2023 to 2030|
|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 (FAQ) :
Ans: - The DevSecOps Market size was valued at USD 3.45 Bn in 2021.
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
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
126.96.36.199 United Kingdom
188.8.131.52 South Korea
184.108.40.206 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. DevSecOps Market Segmentation, by Component
9. DevSecOps Market Segmentation, by Deployment
10. DevSecOps Market Segmentation, by Organization
10.1 Small and Medium Enterprise
10.2 Large Enterprise
11. DevSecOps Market Segmentation, by Industry Vertical
11.2 IT & Telecommunication
11.4 Retail & Consumer Goods
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13. Company Profiles
13.1 CA Technologies
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 IBM Corporation
13.4 Synopsys, Inc.
13.5 Microsoft Corporation
13.6 Google LLC
13.7 Riverbed Technology, Inc.
13.9 Cloudflare, Inc.
13.10 Array Networks
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
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