North America was the highest revenue contributor in the global DevOps market in 2016, due to increase in adoption of process automated software, low cost of process automation set-up and maintenance service.
Portland, OR -- (SBWIRE) -- 03/05/2018 -- DevOps Market by Solution, Deployment, and End User: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global DevOps market was valued at $2,885 million in 2016, and is projected to reach $9,407 million by 2023, growing at a CAGR of 18.7% from 2017 to 2023. The lifecycle management segment is anticipated to grow at the highest growth rate during the forecast period.
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Furthermore, enhancement in operational effectiveness and increased demand for automated business process implementation among enterprises in the key countries, such as the U.S., Canada, and Mexico, have directed the key vendors to invest in the development of DevOps solutions of these regions. The Asia-Pacific DevOps market is expected to grow at the highest rate during the forecast period, owing to the increase in demand for automated business process implementation among enterprises in China, Singapore, Australia, and South Korea.
The key players profiled in the DevOps market are IBM Corporation, Oracle Corporation, Amazon Web Services, Inc., Hewlett Packard Enterprise Development LP, Microsoft Corporation, EMC Corporation, VersionOne, Inc., Red Hat, Inc., Google, Inc., and CA Technologies These players have adopted competitive strategies, such as partnership, product portfolio expansions, and collaborations, to augment the growth of the DevOps market.
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