The ever-changing world of technology is constantly pushing the boundaries of software development and operations. DevOps is a practice that combines development (Dev) and information technology operations (Ops), allowing businesses to survive in today’s fast-paced digital environment.
Recent industry trends indicate that the DevOps platform market will expand significantly, promising to further change traditional techniques of software operations.
DevOps Market Will Reach New Heights
The worldwide DevOps Platform market is expected to grow at an unprecedented rate in the next few years. According to MarketsandMarkets, the DevOps industry is expected to reach USD 25.5 billion by 2028, growing at a CAGR of 19.7%.
Puppet Labs, Chef, Docker Inc., Red Hat (Ansible), Atlassian, Saltstack, CA Technologies, Rackspace, XebiaLabs, VersionOne, Cisco, CollabNet, HP, IBM, Microsoft, Spirent Communications plc, Vmware, and DBmaestro are among the primary players driving this expansion. With their entire range of DevOps technologies, these organizations help to encourage a more productive and efficient software development workflow.
With various new and small companies joining the market, the industry’s concentration needs to be balanced. The top five global manufacturers are mostly in the United States, contributing around 9% of total market shares.
Regionally, North America is the major contributor to the worldwide DevOps Platform market, accounting for approximately 60% of total market shares. IT, telecom, retail, and BFSI are among the key industries pushing the adoption of DevOps systems. As these industries continue to deploy and profit from DevOps approaches, the market will continue to expand, demonstrating that the DevOps platform industry is reaching new heights.
The global DevOps platform market is expected to reach USD 25,113.89 million by 2027, indicating that DevOps is more than simply a handy tool; it is the foundation of effective, efficient, and innovative business operations. Finding a trustworthy partner to help firms optimize their processes and accept this revolutionary technology is critical.
OnGraph appears to be a suitable partner in this circumstance. We are well-equipped to lead businesses through their DevOps journey because of our extensive DevOps solutions and services. Whether you’re just getting started with DevOps or looking to improve your current practices, collaborating with OnGraph can ensure you’re well-positioned to capitalize on the booming DevOps platform market. With OnGraph, you can harness the power of DevOps to push your business processes to new heights.
Here’s a good read: Why an Investment in DevOps is Worth it?