Global DevSecOps Market is expected to rise from its initial estimated value of USD 1.47 billion in 2018 to an estimated value of USD 13.63 billion by 2026, registering a CAGR of 32.10% in the forecast period of 2019-2026. This rise in market value can be attributed to the rising levels of adoption of DevOps by the small & medium-sized enterprises.
The report analyzes and predicts general market drivers as customers’ demands, government policies, and requests which are identified with customer purchasing behavior. Due to high demand and the value of market research for the success of different sectors, this market research report is provided that cover many work areas. This DevSecOps market research report additionally contains vital profiling of real players in the market, precisely examining their center abilities, and a clear picture of market competition. This market report provides best solutions for strategy development and implementation depending on client’s needs to extract tangible results.
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Major Market Competitors/Players: Global DevSecOps Market
Few of the major competitors currently working in the DevSecOps market are Broadcom, IBM Corporation, Micro Focus, Synopsys Inc., Microsoft, Google, DOME9 SECURITY INC., Palo Alto Networks Inc., Qualys Inc., Chef, Contrast Security, CyberArk Software Ltd., Entersoft, Rogue Wave Software Inc., Splunk Inc., 4ARMED LIMITED, Aqua Security Software Ltd., Checkmarx Ltd., CLOUDPASSAGE AND HALO, Continuum Security, Puppet, Sumo Logic, WhiteHat Security, and AlgoSec.
Key Developments in the Market:
In November 2018, Aqua Security Software Ltd. announced an upgraded version of its security platform for cloud known as 3.5. This upgraded version is able to enable the users for the deployment of security in applications with the usage of server less functions.
In May 2018, Micro Focus announced the introduction of IT Operations Management (ITOM) platform which integrates DevOps with AIOps for the enhancement and effectiveness of speed for the application deployment and delivery.
Market Drivers:
Growing need for better and consistent security amid the growing need for application development and deliveries is expected to act as a driver to the market growth
Rising levels of adoption globally among the small & medium-sized enterprises and the need to comply with these security guidelines and regulations is expected to act as a driver for the market growth
Market Restraints:
Refusal of a number of enterprises in adoption of modern technologies is expected to restrain the market growth
Lack of knowledgeable and technically capable professionals present in the enterprises for the deployment and integration of DevSecOps is also expected to act as a restraint to the market growth
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Segmentation: Global DevSecOps Market
By Component
Solution
Services
Professional Services
Managed Services
By Deployment Type
Cloud
On-Premises
By Organization Size
Small & Medium-Sized Enterprises
Large Enterprises
By Vertical
BFSI
IT & Telecommunications
Government & Public Sector
Retail & Consumer Goods
Manufacturing
Energy & Utilities
Media & Entertainment
Healthcare & Life Sciences
Others
By Geography
North America
South America
Europe
Asia-Pacific
Middle East and Africa
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Competitive Analysis: Global DevSecOps Market
Global DevSecOps market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of DevSecOps market for global, Europe, North America, Asia Pacific and South America.
Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key Market players involved in this industry
Detailed analysis of the Market Segmentation
Competitive analysis of the key players involved
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