This market research report presents a detailed segmentation of the global DevOps platform market by end user (IT, BFSI, telecom, retail, and others) and by geography (the Americas, APAC, and EMEA). The leading vendors in this market are CA Technologies, IBM, Puppet Labs, Rackspace, and Red Hat.
Technavio has released a new market research report on the global DevOps platform market, which is expected to grow at a CAGR of 19% between 2016 and 2020. The DevOps platform market consists of tools and processes that bridge the gap between software developer teams and operational teams. Organizations are increasingly adopting DevOps solutions to innovate their software delivery supply chain processes. DevOps tools are gaining popularity because they provide a holistic IT environment for the automation of software development processes. The Americas account for 57% of the global DevOps market due to the ability of such tools to bolster process efficiency across different verticals and enhance customer service.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“With the introduction of cloud computing, many software development companies have started to shift towards platform as a service (PaaS). Platform vendors offer automation and other tools in the cloud, which can be then be used to consolidate and integrate applications into user-platforms. This helps IT organizations to get the necessary automation in the cloud, making PaaS imperative to those who want to automate, test, and develop services. PaaS helps users to rectify issues in application configuration management, template management, and zero-downtime while deploying new releases. Increased use of PaaS along with other developments is expected to have a positive impact on market growth during the forecast period,” says Amit Sharma, Lead Analyst, ICT, Technavio Research
The IT segment leads the global DevOps platform market, occupying about 35% of the total market share. The IT industry uses DevOps tools quite extensively to develop products faster so that they can release many software modules within a short period of time. Software quality, improvement, and enhanced customer service are some of the factors driving the growth of the DevOps platform in the IT sector.
The key vendors in the global DevOps platform market include CA Technologies, IBM, Puppet Labs, Rackspace, and Red Hat. The market is rapidly gaining traction and becoming a collaborative tool of choice for end users. Implementing DevOps helps software development companies to offer high-quality applications while reducing time between releases and related costs. Competition among vendors is expected to become very intense especially as the technology matures. Vendors compete on the basis of price, brand value, new products, and innovation to bolster their market shares. Mergers and acquisitions are also quite common in this sphere with large vendors acquiring smaller companies and start-ups.
A more detailed analysis is available in the Technavio report Global DevOps Platform Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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