Global DevSecOps Market: In-Depth Analysis and Forecasts for 2024-2030
MarkNtel Advisors, a leading market research firm, has showed its latest study titled "DevSecOps Market", offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the DevSecOps Market: 2024-2030
The Global DevSecOps Market size was valued at USD 5.98 billion in 2023 & is projected to reach USD 18.78 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 15.77% during the forecast period, i.e., 2024-30. In the past decade, the importance of security in software development has substantially increased due to the demand for agility and high quality. Owing to this, establishments across verticals like IT & telecom, BFSI, healthcare, and retail are integrating DevSecOps solutions to increase security and enhance software delivery speed. This surging adoption of DevSecOps tools is particularly notable in countries with advanced IT infrastructure like the US, Japan, China, and South Korea.
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What are the primary factors driving the growth of the DevSecOps Market?
Growing Needs for Mitigating Security Vulnerabilities – Globally, the cyber security landscape has been constantly evolving, posing significant threats to establishments across verticals. As per cybercrime analytics firm, Spycloud, in 2023, almost 81% of establishments were affected by ransomware at least once. Most of these cyberattack numbers were carried out by comparatively small and agile ransomware gangs. These cyber security threats include a wide range of SQL injections, cross-site scripting, data breaches, insecure APIs, malware, phishing attacks, unpatched vulnerabilities, and unauthorized access among others.
Owing to this rapidly growing cyber threat scenario, software developers consider security as a major concern that is altering the process of software development. The developers consider these risks to be multifaceted, targeting sensitive data, the integrity of systems, and the privacy of users. DevSecOps security tools operate on the principle of early detection and resolution of security fragility to counteract the growing threat of unpatched vulnerabilities. Hence, as the underlying necessity for robust cybersecurity measures throughout the software development lifecycle is increasing, the demand for DevSecOps tools is also growing across verticals.
DevSecOps Market Segmentation:
The DevSecOps market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Offering
- Solution - Market Size & Forecast 2019-2030, (USD Million)
- Service - Market Size & Forecast 2019-2030, (USD Million)
- Professional - Market Size & Forecast 2019-2030, (USD Million)
- Managed - Market Size & Forecast 2019-2030, (USD Million)
By Deployment
- On-Premise- Market Size & Forecast 2019-2030, (USD Million)
- Cloud- Market Size & Forecast 2019-2030, (USD Million)
By Organization Size
- Small & Medium Enterprise- Market Size & Forecast 2019-2030, (USD Million)
- Large Enterprise- Market Size & Forecast 2019-2030, (USD Million)
By End User
- Banking Financial Services and Insurance (BFSI)- Market Size & Forecast 2019-2030, (USD Million)
- IT & Telecom- Market Size & Forecast 2019-2030, (USD Million)
- Manufacturing- Market Size & Forecast 2019-2030, (USD Million)
- Healthcare- Market Size & Forecast 2019-2030, (USD Million)
- Retail- Market Size & Forecast 2019-2030, (USD Million)
- Media & Entertainment- Market Size & Forecast 2019-2030, (USD Million)
- Others (Education, Tourism, etc.)- Market Size & Forecast 2019-2030, (USD Million)
Geographical Analysis into the DevSecOps Market:
The DevSecOps market is categorized based regional:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Competitive Landscape and DevSecOps Market Share Analysis:
The competitive landscape of the DevSecOps Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
- CA Technologies
- Google LLC
- IBM
- Microsoft Corporation
- Synopsys
- PaloAltoNetworks
- DuploCloud
- Micro Focus
- Veritas
- Checkpoint
- Accenture
- Autorabit
- Sophos
- Oxeye
- Veracode
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Questions Addressed in this Study
- What factors are driving the DevSecOps Market growth?
- How is the DevSecOps Market expected to grow over the next five years?
- What are the key insights into the current trends in the DevSecOps Market?
- What is the current size of the DevSecOps Market, and how is it projected to change in the future?
- What is the future outlook for the DevSecOps Market in terms of technological advancements and market expansion?
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.
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