The application release orchestration software global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Application Release Orchestration Software Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The application release orchestration software market size has grown rapidly in recent years. It will grow from $6.54 billion in 2023 to $7.37 billion in 2024 at a compound annual growth rate (CAGR) of 12.7%. The growth in the historic period can be attributed to integration of artificial intelligence and machine learning technologies, rising adoption of devops practices, increasing demand for automation in software development processes, growing complexity of software ecosystems, and emphasis on improving software delivery efficiency.
The application release orchestration software market size is expected to see rapid growth in the next few years. It will grow to $12.06 billion in 2028 at a compound annual growth rate (CAGR) of 13.1%. The growth in the forecast period can be attributed to expansion of cloud-native application development, integration of security into devops pipelines, demand for end-to-end automation solutions, rise of low-code and no-code development platforms, and accelerated digital transformation initiatives. Major trends in the forecast period include increased adoption of AI and ML for intelligent automation, growing focus on security and compliance in software development processes, rise of hybrid and multi-cloud environments for application deployment, emergence of low-code and no-code development platforms, and continued integration of containerization and microservices architecture.
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Scope Of Application Release Orchestration Software Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Application Release Orchestration Software Market Overview
Market Drivers –
The rising industrial automation is expected to propel the growth of application release orchestration software market going forward. Industrial automation refers to using control systems, robotics, and information technologies to streamline manufacturing processes, increase efficiency, and improve productivity in industrial settings. The rise in industrial automation can be attributed to increasing global competition, the need for higher productivity and efficiency, technological advancements, rising labor costs, and the pursuit of improved safety and quality standards in manufacturing processes. Application release orchestration software in industrial automation streamlines the deployment and management of software updates and releases across manufacturing systems, ensuring seamless integration and minimizing downtime. For instance, in 2022, according to the World Robotics Report by the International Federation of Robotics (IFR), a Germany-based non-profit organization, in 2021, around 517,385 new industrial robots were installed in factories globally, marking a remarkable year-on-year growth rate of 31%. Furthermore, the total number of operational robots globally has reached approximately 3.5 million units. Therefore, the rising industrial automation is driving the growth of the application release orchestration software market.
Market Trends –
Major companies operating in the application release orchestration software market are developing application security orchestration and correlation solutions to enhance the security of software releases and streamline the overall release process. Application security orchestration and correlation solutions are software tools and platforms that automate and simplify managing security-related tasks and events in an application environment. For instance, in April 2023, Cycode, an Israel-based software company, launched the Cycode application security orchestration and correlation (ASOC) to revolutionize vulnerability testing and remediation processes by providing visibility into AppSec tools across software delivery pipelines. ASOC provides security teams with complete visibility into AppSec tools across software delivery pipelines, enabling effective management of pipeline vulnerabilities and enhancement of development infrastructure. It acts as a management layer between application development and security testing and automatically collects and correlates data from multiple tools throughout the software development life cycle (SDLC). ASOC supports efficient and focused remedial operations by automating tool discovery, analyzing pipeline security posture, and prioritizing vulnerabilities.
The application release orchestration software market covered in this report is segmented –
1) By Type: On-premise, Cloud-based, Hybrid
2) By Application: Small And Medium Enterprises (SMEs), Large Enterprises
3) By Industry Vertical: Banking, Financial Services, And Insurance (BFSI), Retail And E-commerce, Healthcare And Life Sciences, Manufacturing, Telecommunication And Information Technology, Government And Public Services, Other Industry Verticals
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Regional Insights –
North America was the largest region in the application release orchestration software market in 2023. The regions covered in the application release orchestration software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the application release orchestration software market are Microsoft Corporation, International Business Machines Corporation, Broadcom Inc., VMware Inc., Red Hat Inc., BMC Software Inc., QualiTest Group, XebiaLabs Inc., Perforce Software Inc., JFrog Ltd., GitLab Inc., JetBrains, Digital.ai, SmartBear Software Inc., CloudBees Inc., Puppet Inc., RapidDeploy, Octopus Deploy Pty Ltd., ARCAD Software, Plutora Inc., Inedo LLC, Clarive Software S.L., ReleaseTEAM Inc., Flexagon LLC, Urbancode Inc.
Table of Contents
- Executive Summary
- Application Release Orchestration Software Market Characteristics
- Application Release Orchestration Software Market Trends And Strategies
- Application Release Orchestration Software Market – Macro Economic Scenario
- Global Application Release Orchestration Software Market Size and Growth
…..
- Global Application Release Orchestration Software Market Competitive Benchmarking
- Global Application Release Orchestration Software Market Competitive Dashboard
- Key Mergers And Acquisitions In The Application Release Orchestration Software Market
- Application Release Orchestration Software Market Future Outlook and Potential Analysis
- Appendix
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