The Global DevSecOps Market Size will Hit $11.3 Billion by 2027, at a CAGR of 22.3% - KBV Research

According to a new report Global DevSecOps Market, published by KBV research, The Global DevSecOps Market size is expected to reach $11.3 billion by 2027, rising at a market growth of 22.3% CAGR during the forecast period.

The software segment accounted for the largest share in the market in 2020. Factor like the increasing requirement for safer consistent application delivery is responsible for the growth of the market. In addition, the shifting preference for the remote working model owing to the COVID-19 pandemic has surged the possibilities of cyber threats and data breaches that would fuel the growth of the DevSecOps market.

The SMEs segment is anticipated to exhibit the highest growth rate during the forecast period. Small and medium enterprises are estimated to highly adopt DevSecOps solutions owing to the offered benefits like agility, ease of utilizing, fast application delivery, and flexibility. Such advantages are projected to spur the demand for DevSecOps in small & medium enterprises during the forecasting period.

The Asia Pacific is estimated to exhibit the promising growth rate during the forecast period. Various emerging economies in the Asia Pacific region like India and China are driving the growth of the regional market. The growing demand for IT & business services and high adoption of cloud technologies is estimated to bolster the demand for DevSecOps solutions during the forecast period. In addition, the growth of the regional market would be propelled by the development of sophisticated infrastructure and the high adoption of smart devices, tablets, smartphones, and digital services.

Full Report: https://www.kbvresearch.com/devsecops-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of CA Technologies (Broadcom Inc), IBM Corporation, Micro Focus International plc, Synopsys, Inc., Microsoft Corporation, Google, LLC., Check Point Software Technologies Ltd., PaloAltoNetworks, Inc., Qualys, Inc. and Splunk, Inc.

Global DevSecOps Market Segmentation

By Component

• Software


• Services

By Deployment Type

• On-premise


• Cloud

By Enterprise Size

• Large Enterprises


• Small & Medium Enterprises

By End User

• Telecom & IT


• Retail & Consumer Goods


• BFSI


• Government


• Manufacturing


• Others

By Geography

North America

• US


• Canada


• Mexico


• Rest of North America

Europe

• Germany


• UK


• France


• Russia


• Spain


• Italy


• Rest of Europe

Asia Pacific

• China


• Japan


• India


• South Korea


• Singapore


• Malaysia


• Rest of Asia Pacific

LAMEA

• Brazil


• Argentina


• UAE


• Saudi Arabia


• South Africa


• Nigeria


• Rest of LAMEA

Companies Profiled

• CA Technologies (Broadcom Inc)


• IBM Corporation


• Micro Focus International plc


• Synopsys, Inc.


• Microsoft Corporation


• Google, LLC.


• Check Point Software Technologies Ltd.


• PaloAltoNetworks, Inc.


• Qualys, Inc.


• Splunk, Inc.