The "DevSecOps - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global DevSecOps Market to Reach $32.4 Billion by 2030
The global market for DevSecOps estimated at US$7.5 Billion in the year 2023, is projected to reach a revised size of US$32.4 Billion by 2030, growing at a CAGR of 20% over the analysis period 2023-2030.
The rise of digital transformation and the growing prioritization of cybersecurity across businesses are driving increased adoption of DevSecOps, a methodology integrating development, security, and operations. The COVID-19 pandemic has further accelerated this trend, pushing organizations to invest in DevSecOps initiatives. Factors driving these initiatives include the need for heightened security and agility in applications.
DevSecOps Services, one of the segments analyzed in the report, is projected to record 21.2% CAGR and reach US$20.9 Billion by the end of the analysis period. Growth in the DevSecOps Solutions segment is estimated at 18.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.5 Billion, While China is Forecast to Grow at 24.1% CAGR
Asia-Pacific presents lucrative opportunities for growth in the DevSecOps market. However, challenges in implementation exist, including cultural resistance and integration issues. Despite hurdles, recent market activity reflects a growing interest in DevSecOps, with innovations such as ClickOps and Generative AI poised to bring transformation to the field.
The DevSecOps market in the U.S. is estimated at US$2.5 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$6.1 Billion by the year 2030 trailing a CAGR of 24.1% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.5% and 16.5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 18.7% CAGR.
Key Attributes:
Report Attribute | Details |
No. of Pages | 618 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $7.5 Billion |
Forecasted Market Value (USD) by 2030 | $32.4 Billion |
Compound Annual Growth Rate | 20.0% |
Regions Covered | Global |
MARKET OVERVIEW
MARKET TRENDS & DRIVERS
FOCUS ON SELECT PLAYERS (Total 128 Featured)
For more information about this report visit https://www.researchandmarkets.com/r/5nobzz
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