Exploring the DevSecOps Market: Insights, Key Drivers, and Major Players
Introduction to the DevSecOps Market
DevSecOps is an abbreviated term for development, security, and operations, which is a comprehensive approach to software development and deployment. It encompasses the automated infusion of security considerations throughout the software development lifecycle. This holistic process encompasses the stages of initial design, integration, testing, deployment, and software delivery. DevSecOps practices seamlessly integrate security measures for both applications and infrastructure into the Agile and DevOps methodologies, enhancing the overall security posture and efficiency of the development process.
DevSecOps Key market insights include:
Market Size and Growth: The Global DevSecOps Market size was valued at USD 5.98 billion in 2023 is projected to reach USD 18.78 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 15.77% during the forecast period, i.e., 2024-30.
Regional Analysis: North America, South America, Europe, Asia-Pacific, Middle East Africa.
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What is driving the growth of the global DevSecOps Market market?
Growing Needs for Mitigating Security Vulnerabilities –
Globally, the cyber security landscape has been constantly evolving, posing significant threats to establishments across verticals. As per cybercrime analytics firm, Spycloud, in 2023, almost 81% of establishments were affected by ransomware at least once. Most of these cyberattack numbers were carried out by comparatively small and agile ransomware gangs. These cyber security threats include a wide range of SQL injections, cross-site scripting, data breaches, insecure APIs, malware, phishing attacks, unpatched vulnerabilities, and unauthorized access among others.
Market Segmentation
The DevSecOps Market can be segmented based on several criteria, including:
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
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Key Players in the DevSecOps Market
The DevSecOps Market is highly competitive, with several key players dominating the landscape. These companies are investing heavily in research and development to stay ahead of the competition and meet the evolving needs of their customers. Some of the prominent players in the DevSecOps Market include:
- CA Technologies
- Google LLC
- IBM
- Microsoft Corporation
- Synopsys
- PaloAltoNetwork
- DuploCloud
- Micro Focus
- Veritas
- Checkpoint
- Accenture
- Others
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Questions Addressed in this Study
1.What factors are driving the DevSecOps Market growth?
2.How is the DevSecOps Market expected to grow over the next five years?
3.What are the key insights into the current trends in the DevSecOps Market?
4.What is the current size of the DevSecOps Market, and how is it projected to change in the future?
6.What is the future outlook for the DevSecOps Market in terms of technological advancements and market expansion?
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