Report Overview:
The following report titled “Global DevSecOps Market: Offering (Solution, (Service, Professional, Managed)), By Deployment, (On-Premise, Cloud), By Organization Size (Small & Medium Enterprise, Large Enterprise) and other forecast 2024-2030” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.
Global DevSecOps Market Summary
The Global DevSecOps Market size is estimated to grow at a CAGR of around 31.2% during the forecast period, i.e., 2024-30. The global market size of DevSecOps is expected to exceed USD 21 billion by 2030. The market is showcasing substantial growth due to the increasing importance of security in software development and IT operations. Establishments across sectors, such as Banking, Financial Services and Insurance (BFSI), IT & Telecom, Healthcare, Retail, and Government, are embracing DevSecOps practices to enhance security and improve software delivery speed. This expansion is particularly notable in countries with advanced IT infrastructure including Germany, the US, Japan, South Korea, etc.
Report Coverage & Details
- Forecast Period: 2024-2030
- Base Year: 2023
- CAGR: 31.2%
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DevSecOps Market Driver:
Increasing Need to Mitigate Security Vulnerabilities to Augment the Market Growth – The landscape of cyber threats is constantly evolving and expanding, posing significant challenges to organizations and individuals alike. For instance, as per Check Point, a global IT security provider, Global cyberattacks increased by 38% in 2022, compared to 2021. These cyberattack numbers were driven by smaller, more agile hackers and ransomware gangs.
The escalating cyber threat landscape has reshaped software development, making security a paramount concern. These cyber security threats encompass a wide array of concerns, including data breaches, insecure APIs, SQL injections, cross-site scripting, malware, phishing attacks, unpatched vulnerabilities, poor password policies, insufficient logging, and unauthorized access. These risks are multifaceted, targeting sensitive data, the integrity of systems, and the privacy of users, underscoring the necessity for robust cybersecurity measures throughout the software development lifecycle.
In line with this, dynamic threat environment, the adoption of DevSecOps has witnessed a significant surge in software development practices. As DevSecOps operates on the principle of early detection and resolution of security weaknesses to counteract the looming threat of unpatched vulnerabilities, its use is constantly rising across various end-user industries globally.
Segmentation Analysis: DevSecOps Market
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)
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Region: North America Holds a Major Market Share
Among all regions globally, North America is anticipated to dominate the DevSecOps Market with the largest share during 2024-30.
Leading Players Analysis: DevSecOps Market
The report provides detailed analysis of key players in the global DevSecOps market, highlighting their strategies and competitive scenario.
- CA Technologies
- Google LLC
- IBM
- Microsoft Corporation
- Synopsys
- PaloAltoNetworks
- DuploCloud
- Micro Focus
- Veritas
- Checkpoint
- Accenture
- Autorabit
- Sophos
- Oxeye
- Veracode
Note: Should you require specific information beyond the current scope of the report, we are prepared to furnish it as part of our customization services.
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- Identifying Investment Opportunities: Through trend analysis and industry insights, stakeholders can identify attractive investment opportunities and stay ahead in the market for better ROI.
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