DevSecOps Market

Global DevSecOps Market is valued at USD 3.4 Billion in 2021 and is expected to reach USD 23.5 Billion by 2028 with a CAGR of 31.96% over the forecast period.

Global DevSecOps Market: Global Size, Trends, Competitive, And Historical & Forecast Analysis, 2022-2028: Rise in cybercrimes, the growing internet penetration rate, along with faster and secure application delivery trends are some of the major factors driving the growth of the Global DevSecOps Market.

Scope of Global DevSecOps Market

The procedures and technologies that support collaboration, integration, automation and communications in a company's IT management and software development are together referred to as development and operations. It helps firms improve efficiency and productivity, streamline processes, and foster better IT staff collaboration. The worldwide devsecops industry is anticipated to grow as businesses increasingly employ cloud technologies for microservices, service virtualization, PaaS, and containerization, among other things. The fast use of automated software solutions along with increasing organizational spending on IT concepts like cloud technologies, IoT, mobility, and BYOD are projected to fuel the growth of the worldwide devsecops market. Operations, development, and quality assurance teams are connected by DevOps technology to support automated processes for creating, delivering, and running software applications and solutions. DevOps solutions may be used in a variety of ways to automate the software development lifecycle and satisfy specific business objectives.

The COVID-19 outbreak had a significant influence on the DevSecOps sector. This is due to the fact that individuals are forced to work from home because of limitations and lockdowns, and internet traffic has surged by 25% globally. Additionally, the usage of conferencing programs like Skype, Zoom, and Microsoft Teams is growing widely, and as more people choose remote work, additional technologies like cyber security, virtual private networks (VPNs), and data protection will also grow in popularity. The first half of 2020 saw a decline in ICT investment in key countries like the U.S. as the growth of the global and U.S. tech markets slows to just around 2%. In the medium to long term, the COVID-19 technology may have a highly favorable effect. Everyone has to adapt new technology and become aware of its benefits. However, the COVID-19 pandemic's rising popularity of remote working has raised the danger of cyberattacks and data breaches, which is anticipated to fuel the DevSecOps industry.

The global DevSecOps market is segmented based on the deployment, component, organization size, end-use industry, and region & country level. Based on deployment, the global DevSecOps market is segmented into cloud and on-premises. By component, the market is segmented into solution and services. By organization size, the global DevSecOps market is segmented into small and medium-sized enterprises and large enterprises. By end-use industry, the global DevSecOps market is segmented into BFSI, IT and telecommunications, government and public sector, retail and consumer goods, manufacturing, energy and utilities, media and entertainment, healthcare and life sciences, and others.

The regions covered in the global DevSecOps market report are North America, Europe, Asia-Pacific, Latin America, and the rest of the World. Based on country level, the market of global DevSecOps is sub divided into U.S., Mexico, Canada, U.K., France, Germany, China, Italy, India, Japan, Southeast Asia, Middle East Asia (Saudi Arabia, UAE, Egypt) GCC, Africa, etc.

Global DevSecOps Market Segmentation

By Component

• Solution
• Service
  • Professional
  • Managed

By Deployment Mode

• On-Premises
• Cloud Based

By Organization Size

• Small & Medium Enterprises (SMEs)
• Large Enterprises

By End Use Industry

• BFSI
• Government & Public Secyor
• Manufacturing
• IT & Telecom Industry
• Retail & Consumer Goods
• Energy & Utilities
• Healthcare & Life Sciences
• Education
• Others

Key Players of Global DevSecOps Market

Some major key players for the global DevSecOps market report cover prominent players like

• Micro Focus International plc
• IBM Corporation
• Google LLC
• Microsoft Corporation
• ThreatModeler Software Inc
• Synopsys Inc
• CyberArk Software Ltd
• Qualys Inc
• Splunk Inc
• Entersoft Australia Pty
• Puppet Inc
• Sumo Logic Inc
• Broadcom Inc
• Palo Alto Network Inc
• 4ARMED Limited
• Dome9 Security Inc
• Contrast Security Inc
• Chef Software Inc
• Aqua Security Software
• Rogue Wave Software Inc
• Cloudpassage Inc.
• Checkmarx
• Whitehat Security
• Continuum Managed Services Holdco
• others.

News

Chef Cloud Security is introduced by Progress to expand DevSecOps to cloud-native assets

On May 11th, 2022; Progress veiled its  Chef Cloud Security solution  extending DevSecOps with legal support for native cloud assets and providing end-to-end administration of on-premises, native cloud, and cloud resources. Progress is a vendor of infrastructure software. According to a press release from the company, the offering is enhanced by new Chef portfolio capabilities aimed at achieving DevOps success in enterprise deployments. This will result in the delivery of a unified and scalable platform that will hasten the release of compliant and secure application releases in mixed computing environments.

A software development business called JFrog released JFrog Connect.

On May 25^th, 2022; JFrog Ltd. ("JFrog"), a Liquid Software business and the provider of the JFrog DevOps Platform, unveiled JFrog Connect, a new tool that enables developers to scale-up the management, monitoring, and security of remote Linux & IoT devices. JFrog Connect, which is already available, uses a cutting-edge DevOps platform to usher in a new age of software automation, security, and traceability for the world of connected devices. JFrog Connect, a fully integrated component of the JFrog Platform, enables businesses to manage a single device to hundreds of thousands utilizing a standardized operational model and interface throughout on-premises, cloud, and multi-cloud deployments.

Copado Introduces New DevSecOps Training Module to Speed Up and Secure Releases

On August 30^th, 2022; In order to facilitate quicker and more secure software updates, Copado, the industry pioneer in low-code DevOps, announced the availability of a new DevSecOps training package. The Copado Community, which has 55,000 members, offers the new module for people to study, network, and advance their professions. With a target to teach 15,000 additional DevOps experts by the end of 2022, Copado has now certified over 20,000 DevOps professionals and taught over 35,000 DevOps specialists.

Rise in cybercrimes, the growing internet penetration rate, and highly faster and secure application delivery are some of the major factors driving the growth of the Global DevSecOps Market Growth

Some of the major drivers propelling development in the worldwide market are the increasing demand for highly secure uninterrupted application delivery, the rising emphasis on safety and compliance, and the rise in cybercrimes. To increase efficiency, an increasing number of enterprises have digitized their processes throughout time. DevSecOps and other cutting-edge solutions are in high demand as a result, and this trend is expected to continue over the projected period.

Similar to this, businesses are using sophisticated security solutions as a result of increased cybersecurity concerns. Accenture's state of cybersecurity study 2021, which included 4,744 respondents, found that firms encountered 270 cyberattacks, of which 29 were successful. The adoption of security, development, and operation solutions will therefore continue to be encouraged by the rising awareness of cyber risks and the measures that can be done to avoid them. DevSecOps is gaining popularity because it enables businesses to produce higher-quality, more agile software. Consequently, it may help sectors like government, IT & telecom, BFSI, and others by offering stronger protection measures against cyber-threats.

The market is rising as a result of the prevalence of major technical powerhouses, an increase in cybercrime, and the expanding use of cutting-edge technology across a variety of sectors. In the previous few years, there has been a rapid increase in data breach occurrences throughout the U.S. due to the presence of big technical firms, and the trend is projected to continue during the projection period. Consider the 2021 LinkedIn data breach, which exposed the personal data of 700 million members, or the 2015 Twitter data breach, which revealed the data of 5.4 million users. For these reasons, cyber security is a must in the nation.

Data leaks and other cyberattacks may be prevented by regular security upgrades and bug patches for American organizations. DevSecOps solutions are anticipated to be in high demand across the United States throughout the projection period as a result of this.

However, there are a few major challenges that are anticipated to restrain market revenue growth throughout the projected period, including a shortage of qualified specialists and a lack of integration of AppSec tools. Additionally, throughout the projection period, difficulties in adopting DevSecOps solutions are anticipated to limit market revenue growth to some level. Since highly qualified individuals are needed to handle DevSecOps solutions across sectors, it is anticipated that the acceptance of DevSecOps solutions would be constrained in the near future. The majority of DevOps toolchains are supported by several vendors. Based on the unique requirements, teams choose source code management, building tools, CI/CD, software testing, binary libraries, and trouble-monitoring solutions. Implementing security technologies makes things much more difficult. Software composition analysis (SCA), Static application security testing (SAST), and a few other kinds of dynamic testing techniques are often used in security analysis. The concerns must be very evident to developers. However, it might be difficult to combine and comprehend data from many vendors' resources.

North America is Expected to Capture a Major Share in the Global DevSecOps Market

Within the projected period, North America is anticipated to lead the worldwide DevSecOps market. North America is home to nations with established economies like the United States and Canada. Early and speedy adoption of technologies like the Internet of Things and cloud computing favors the expansion of the regional market (IoT). Additionally, the market is expanding as a result of the widespread use of DevSecOps solutions across several sectors, including IT and telecommunications, BFSI, and retail, as well as the rising frequency of data breaches.

Over the projection period, Asia Pacific is anticipated to see the highest CAGR growth. Some of the economies that are expanding the quickest are found in Asia Pacific, including China and India. During the projected period, there is likely to be a rise in demand for DevSecOps due to the increasing usage of cloud technologies and the increased need for business and IT services. Additionally, the region's market is projected to be driven by the growth of sophisticated infrastructure as well as the rising use of smart devices, tablets, smartphones, and digital services.

By Regional & Country Level

North America

• U.S
• Canada

Europe

• U.K.
• France
• Germany
• Italy

Asia Pacific

• China
• Japan
• India
• Southeast Asia

Latin America

• Brazil
• Mexico

Middle East and Africa

• GCC
• Africa
• Rest of Middle East and Africa

Report Analysis	Details
Historical data	2018 - 2021
Forecast Period	2021 - 2028
Market Size in 2021:	USD 3.4 Billion
Base year considered	2021
Forecast Period CAGR %:	31.96%
Market Size Expected in 2028:	USD 23.5 Billion
Tables, Charts & Figures:	175
Pages	300
Key Players/Companies	Micro Focus International plc, IBM Corporation, Google LLC, Microsoft Corporation, ThreatModeler Software Inc., Synopsys Inc., CyberArk Software Ltd., Qualys Inc., Splunk Inc., Entersoft Australia Pty Ltd., Puppet Inc., Sumo Logic Inc., Broadcom Inc., Palo Alto Network Inc., 4ARMED Limited, Dome9 Security Inc., Contrast Security Inc., Chef Software Inc., Aqua Security Software Ltd., Rogue Wave Software Inc., Cloudpassage Inc., Checkmarx Ltd., Whitehat Security Inc., Continuum Managed Services Holdco LLC, and others.
Segments Covered	By Deployment, By Component, By Organization Size, By End-User.
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, Africa, Rest of the Middle East and Africa