The Global DevSecOps Market Growth at a rate of 31.50% in the forecast period 2022 to 2029
Market research reports help business or organizations in every sphere of trade to make better decisions, to respond to the toughest business questions and reduce the risk of failure. In the world class Global DevSecOps Market market report, data collection modules with large sample sizes are used to collect data and perform base year analysis. The market research data included in this report is analyzed and forecasted using market statistical and coherent models. Market definition, market segmentation, competitive analysis, and research methodology are the major topics covered in the comprehensive Global DevSecOps Market report.
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Market Analysis and Insights - Global DevSecOps Market
According to the Cost of Data Breach Report 2019 published by the International Business Machines (IBM) Corporation, the average cost of a single data breach grew internationally from $3.6 million in 2018 to $3.92 million in 2019. As a result, businesses are utilizing DevSecOps software more frequently to achieve more agile development techniques with improved security. The market is therefore anticipated to generate significant amounts of revenue due to the increased adoption across the globe over the forecasted timeline.
Global DevSecOps Market was valued at USD 2.59 billion in 2021 and is expected to reach USD 23.16 billion by 2029, registering a CAGR of 31.50% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Market Definition
DevOps is a collection of software development strategies that automate operations and software development interactions. The systems development life cycle can be shortened by this automation while often distributing updates, features, and patches/fixes. DevSecOps, on the other hand, is the incorporation of security procedures into DevOps. Its acronym stands for operations, security, and development. Within an agile context, these approaches are concentrated on developing novel solutions for challenging software development processes.
Key Players Global DevSecOps Market
Some of the major players operating in the DevSecOps market are
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Broadcom (U.S.)
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IBM (U.S.)
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MicroFocus (U.K.)
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Synopsys (U.S.)
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Microsoft (U.S.)
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Google Inc., (U.S.)
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Check Point Software Technologies Ltd. (U.S.)
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Palo Alto Networks (U.S.)
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Qualys, Inc. (U.S.)
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Progress Software Corporation (U.S.)
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Global DevSecOps Market Size
The DevSecOps market is segmented on the basis of deployment type, component, organization size and vertical. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
The DevSecOps market was immensely impacted by the outbreak of COVID-19. This is because people are compelled to work from home owing to restrictions and lockdowns, and online traffic has increased by 25% in several parts of the world. Additionally, widespread use of conferencing tools like Zoom, Skype, and Microsoft Teams is expanding, while other technologies like virtual private networks (VPNs), cyber security, and data protection will see an increase as more and more workers work remotely. ICT investment in major nations, like the U.S., is predicted to decrease in the first half of 2020 because the U.S. and worldwide tech market growth is slowing to nearly 2 percent in 2020. The COVID-19 technology may have a very positive impact in the medium to long term. Everyone must adopt new technology and learn about their advantages. We can anticipate further expenditures in digital infrastructure.
Global DevSecOps Market Country Level Analysis
The DevSecOps market is analyzed and market size insights and trends are provided by country, deployment type, component, organization size and vertical as referenced above.
The countries covered in the DevSecOps market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the DevSecOps market because of the increasing adoption of these solutions across various medium and large enterprises within the region over the forecast period of 2022 to 2029. Moreover, the rising need for better and consistent security amid the growing need for application development and deliveries is further estimated to accelerate the expansion over the forecast period.
Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the surging advancements as well as the adoption of emerging technologies such as cloud computing, Internet of Things (IoT) within the region. The increasing adoption across the small and medium-sized enterprises is a significant contributor to the regional market expansion.
Global DevSecOps Market Share Analysis
The DevSecOps market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to DevSecOps market.
Global DevSecOps Market Report Answers the Following Questions:
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How much revenue will the Global DevSecOps Market generate by the end of the forecast period?
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Which market segment is expected to have the maximum market share?
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What are the influencing factors and their impact on the Global DevSecOps Market?
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Which regions are currently contributing the maximum share of the overall Global DevSecOps Market?
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What indicators are likely to stimulate the Global DevSecOps Market?
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What are the main strategies of the major players in the Global DevSecOps Market to expand their geographic presence?
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