DevSecOps Industry - Regional Synopsis
North America Market Forecast
The North America DevSecOps market is poised to register a leading revenue share of 42.9% throughout the forecast timeline. The regional market has stood out due to the presence of a well-established technological infrastructure and cloud computing. The U.S. public institutions, such as the FCC and NTIA, have been proactive in ensuring that the strict data protection guidelines are implemented in enterprises. For instance, NTIA has been at the forefront of improving the security of the software supply chain. Another significant feature of the regional market is the high concentration of IT and software development firms, bolstered by nearshoring initiatives, driving the scope of application for DevSecOps platforms.
The U.S. market is poised to maintain its dominant revenue share in North America by the end of 2037. A key facet of the growth is the established digital economy in the country, creating a requirement for secure software development practices. The U.S. market also benefits from a mature IT infrastructure and a culture of innovation, highlighted by the emergence of innovative Silicon Valley startups in the sector, facilitating the adoption DevSecOps tools and practices. For instance, Constantinople and Manifest Cyber are two new startups within the DevSecOps landscape of the U.S., which are set to expand the competitive landscape.
Europe Market Forecast
The Europe DevSecOps market is slated to exhibit the fastest expansion at a CAGR of 11.9% throughout the forecast period. The Europe market is marked by a strict focus on data privacy led by the GDPR measures, compelling organizations to integrate security measures in the software development process. Economies in Europe have faced an increasing number of cyberattacks, which has driven the adoption of DevSecOps. The UK, Germany, and France DevSecOps sectors remain the most lucrative within Europe.
The Germany market is poised to emerge as the most lucrative in Europe. A key factor is the Industry 4.0 initiatives pushing for greater digitization across industries, creating greater threat areas for cyberattacks. This creates a sustained demand for DevSecOps solutions in Germany. The industries in Germany leading in the applications are manufacturing, automotive, and finance, where the requirement of secure software development is paramount.
