Development Security and Operations Market to Expand at CAGR of 32.2% During Forecast Period, Study by Emergen Research
Rising need for rapid and cost-effective software delivery and rising focus on security and compliance are among some of the key factors driving
VANCOUVER, BC, CANADA, March 4, 2022 /EINPresswire.com/ -- Development, Security, and Operations (DevSecOps) market size reached USD 2.55 Billion in 2020 and is expected to register a revenue CAGR of 32.2% during the forecast period, according to latest analysis by Emergen Research. Rising need for rapid and cost-effective software delivery and rising focus on security and compliance are key factors projected to support market revenue growth between 2021 and 2028. In addition, increasing adoption of DevSecOps among organizations for strengthening brand image and improving customer loyalty will continue to boost revenue growth of the market going ahead. DevSecOps provides enterprises with the assurance that their apps are as safe as feasible. While no app is completely secure, DevSecOps deployment ensures that cybersecurity is the main focus of all development activities. Companies can use this approach to gain more confidence in the apps, as well as strengthen the brand image and improve customer loyalty. This is expected to boost revenue growth of the market over the forecast period.
A recent market intelligence study on the Development Security and Operations market incorporates proprietary techniques and assessment tools to screen the Development Security and Operations market for the forecast period Additionally, valuable insights pertaining to the market size, share and growth rate of Development Security and Operations market offers a greater chance of success for all – business owners, products, and innovative technology. Unbiased perspective on present day and yesteryear trends included in the research aims at saving the product owners from making wrong business decisions
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For further granularity, the study digs deep into aspects such as market segmentation, key driving forces, opportunities and threats for the forecast period of 2021-2028. To help business strategist strengthens their strategic planning and executes a plan to maintain and gain a competitive edge the research weighs up on buyer preferences, gross margin, profit and sale across different regions. Strong focus on financial competency, strengths, and weaknesses of the companies and recent acquisition and merger speaks a lot about the future adjacencies around the core business due to the ongoing development in the Development Security and Operations market.
Top Companies Operating in the Development Security and Operations Market and Profiled in the Report are:
Google LLC, Microsoft Corporation, Cloudflare, Inc., International Business Machines Corporation, Ca Technologies Inc., Micro Focus International plc, Synopsys Inc., Fastly, Inc., Array Networks, Inc., and Qualys, Inc.
It further offers a comprehensive coverage of the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, and partnerships, among others. Key strategic alliances for product development and advancements is expected to add traction to market growth going ahead. The report also covers an in-depth analysis of the key competitors of the market along with their growth strategies and business expansion plans.
Key Highlights From the Report
Solution segment is expected to register steady revenue CAGR during the forecast period due to increasing adoption of DevSecOps solutions across various enterprises for ensuring security and collaboration among development and operation teams.
On-cloud segment is expected to register a significantly robust revenue growth rate over the forecast period due to rising need for reducing Operational Expenditure (OPEX) and increasing scalability.
North America is expected to register steady revenue growth rate over the forecast period due to robust presence of leading market players including Google LLC, Microsoft Corporation, Cloudflare, Inc., International Business Machines Corporation, and Ca Technologies Inc. among others, in countries in the region.
Regional analysis of the Development Security and Operations market includes analysis of the production and consumption ratio, supply and demand dynamics, regional trends and growth drivers, growth prospects, presence of key manufacturers and vendors, and market size and share in key regions such as North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. The report further offers key insights into country wise analysis and major factors driving revenue growth of each regional market.
To know more about the report @ https://www.emergenresearch.com/industry-report/development-security-and-operations-market
The study delivers real answers for questions about market segmentation by types, region and application to power the overall market research for the forecast period 2021-2028. Subject matter experts behind the market analysis have collaborated with some of the highly acclaimed business owners to track records and estimate what is happening in areas such as technology innovation, production volume, end-use and product pricing. Research analysts have further remodeled their approach to present a report uniquely positioned to offer unmatched information on prominent manufactures, new entrants, exiting white spaces, acquisitions and mergers, collaborations and product launches.
Emergen Research has segmented global Development, Security, and Operations (DevSecOps) on the basis of component, deployment, organization size, end-use, and region:
Component Outlook (Revenue, USD Billion; 2018–2028)
Solution
Services
Professional Services
Managed Services
Deployment Outlook (Revenue, USD Billion; 2018–2028)
On-cloud
On-premises
Organization Size Method Outlook (Revenue, USD Billion; 2018–2028)
Large Enterprises
Small and Medium-sized Enterprises
End-Use Outlook (Revenue, USD Billion; 2018–2028)
IT & Telecom
Manufacturing
BFSI
Government
Healthcare
Media & Entertainment
Retail
Energy
Education
Travel & Hospitality
Others
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Report Highlights:
Besides offering a vivid depiction of the global Development Security and Operations business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2021-2028).
The report scrutinizes the salient factors influencing the growth of the market in the near future.
The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
The extensive assessment of real-time data on the business environment offers a more specialized view of threats and challenges companies are likely to face in the years to come. In addition, the unique expertise of the researchers behind the study in strategic growth consulting enables product owners identifies important definition, product classification, and application.
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