Maximize Market Research (MMR), a provider of Engineering Equipment data and statistics for both regional and global markets, has produced a report on the DevSecOps industry. Reports include information on the business environment, statistics on local markets, and projections until 2029.
The report covered a wide range of subjects while focusing on marketplaces and sectors. Examples of branding strategies include the introduction of new products, the growth of an organization, the creation of partnerships, and acquisitions. All of the essential elements of the market research that specifically targets the industrial landscape were taken into consideration when this study was developed. This market research analysis also identifies and analyses the major market drivers, challenges, and opportunities. The global Engineering Equipment business consultancy organization Maximize Market Research has recently finished a report on the competitive industry and market DevSecOps intelligence in the DevSecOps Market.
DevSecOps Market Overview:
Examine both current and emerging market trends attentively to gain a deeper understanding of the DevSecOps Market. Porter’s five forces were utilized in the analysis to rank the importance of a number of criteria, including the challenges posed by various agents, the intensity of market competition, and the familiarity of potential young entrepreneurs with a particular resource. The study looked at the microeconomic structure of each country in order to estimate the overall market size by regions and product categories. When determining the size of local, regional, and global markets, this approach starts from scratch. By analysing each country at the micro level, it is possible to determine what percentage of the market is unregulated. Confirmation of the results is aided by interactions with influential local businessmen. Secondary research must be conducted and evaluated using both compensated and uncompensated data sets. Actual government statistics, commercial databases, and, in the case of listed firms, yearly reports serve as the sources for supply by category and demand by each player.
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DevSecOps Market Segmentation:
DevSecOps means thinking about application and infrastructure security from the beginning. It also means automating some security gates to retain the DevSecOps workflow from slowing down.
The increasing need for highly secure continuous application delivery and the improved focus on security and compliance are the major growth factors for the DevSecOps market. Moreover, increasing security breaches, awareness about DevSecOps platforms, the need for improving SDLC by decreasing the time wasted, and the rising investment activities have led to the demand for DevSecOps. However, the lack of skilled professionals and organizations’ resistance to accepting new tools and technologies may hamper the growth of the DevSecOps market.
Cloud-deployed DevSecOps solutions help organizations in deploying their codes in their production process, along with improved performance, security, and scalability. The cloud deployment type benefits organizations with improved scalability, 24/7 service, speed, and enhanced IT security.
DevSecOps Market was valued at US$ 3.51 Bn. in 2021 and it is expected to reach US$ 22.4 Bn. by 2029, at a CAGR of 26.1% through out the forecast period.
Regional Analysis:
The five key geographical regions of the DevSecOps market are North America (the United States, Canada, and Mexico), Europe (the United Kingdom, Germany, France, Italy, Russia, Sweden, etc.), Asia-Pacific (China, Japan, South Korea, India, Australia, ASEAN, and Rest of APAC), South America (Brazil, Argentina, etc.), and the Middle East and Africa (South Africa, GCC, Egypt, Nigeria, and Rest of ME&A).
DevSecOps Market Key players:
• Chef Software
• IBM Corp
• Puppet Labs
• Qualys Inc.
• Rackspace, Inc.
• Splunk
• Sumo Logic
• MicroFocus
• Synopsys
• Microsoft
• Google
• Dome9
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Reasons to buy :
- The market is segmented using both qualitative and quantitative research, accounting for both economic and non-economic factors.
- In this study, market value estimates (in USD billions) are provided for each segment and sub-segment.
- By examining market size, determine the industry and geographic areas anticipated to grow at the highest rates.
- A review of the long-term market prospects for the industry in light of recent changes, including what factors might affect growth and what challenges growing and emerging regions might face.
- A competitive environment that takes into account market shares, novel products, partnerships, company expansion, and takeovers of the leading corporations.
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