DevSecOps Market is Likely to Register 31.2% CAGR in 2024-30 & Projected to Cross USD 21 Billion by 2030

Development, security, and operations abbreviated as DevSecOps is the practice of incorporating security testing and initiatives at each step of the software development process. The Global DevSecOps Market is aimed to grow at a CAGR of 31.2% during the forecast period of 2024-30 and the market size is expected to exceed USD 21 billion by 2030, states MarkNtel Advisors in their recently published research report. The major factor fueling the growth of the DevSecOps Market globally is the rising focus on security within software development & IT operations.

Furthermore, the extensive adoption of DevSecOps practices across sectors like BFSI, IT & telecom, healthcare, retail, and government organizations in several countries such as Germany, the US, Japan, South Korea, etc., to improve the security is also driving the market significantly. Along with this, the report further states that DevSecOps plays a vital role in protecting sensitive & vulnerable data due to which it is highly adopted by different sectors, particularly tech giants.

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Unveiling the Major Market Contenders in the Global DevSecOps Market

Numerous companies are strategically playing and holding a substantial market share in the Global DevSecOps Market. The top companies include CA Technologies, Google LLC, IBM, Microsoft Corporation, Synopsys, PaloAltoNetwork, DuploCloud, Micro Focus, Veritas, Checkpoint, Accenture, Autorabit, Sophos, Oxeye, Veracode, and others.

Analysis of the Global DevSecOps Market Segmentation

  • By Offering (Solution and Service (Professional & Managed))
  • By Deployment (On-premise and Cloud)
  • By Organization Size (Small & Medium Enterprise and Large Enterprise)
  • By End User (Banking Financial Services and Insurance (BFSI), IT & Telecom, Manufacturing, Healthcare, Retail, Media & Entertainment, and Others (Education, Tourism, etc.))
  • By Region (North America, South America, Europe, The Middle East & Africa, and Asia-Pacific)

DevSecOps is to be extensively adopted by Large Enterprises since it offers control, security, and consistency to these enterprises given its great complexity and scale. Moreover, large organizations are extensively embracing DevSecOps to handle delicate information and to follow strict security & compliance guidelines since it ensures the protection of sensitive data and guarantees regulatory compliance. Moreover, the robust financial state of these large enterprises enables them to invest in advanced DevSecOps tools, wide-ranging training programs, and dedicated teams. All these aspects are likely to bolster the large enterprises segment ultimately boosting the Global DevSecOps Market.

North America to register tremendous growth in the Global DevSecOps Market through 2024-30. North America’s prominent stance in the technological arena globally makes it the key adopter of DevSecOps practices. The well-built IT infrastructure of the region coupled with the availability of telecommunications giants, manufacturing facilities, and the BFSI sector gives North America an added edge over other regions. Moreover, the adoption of DevSecOps practices is quite high across the region to maintain a competitive edge given the presence of numerous prominent tech giants such as Amazon, Intel, Oracle, and others that are constantly competing against each other. Additionally, the digital transformation in North America is also leading to a significant boost in the Global DevSecOps Market.

About Us:

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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