DevSecOps Market Trends

  • Report ID: 2926
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

DevSecOps Market Trends

Growth Drivers

  • Benefit to Various Industry Vertical by Using DevSecOps
  • Growing Need for High Security

Challenges

  • Lack of skilled professionals

DevSecOps Market: Key Insights

Geographically, the DevSecOps market is segmented into North America, Latin America, Europe, Asia Pacific and the Middle East & Africa region. The market in the North America is predicted to grow at the highest CAGR over the forecast period owing to rising in fraud related activities in the banking sector, along with growth in IT infrastructure, which is one of the major driving factors for market growth. Furthermore, in 2021, the market in North America is evaluated to occupy the largest share in terms of revenue, owing to rapid advancement in cloud computing, use of Internet of Thing and vast IT infrastructure services in the region. Along with this, the North America also leads in terms of technological advancement and surplus demand for secure software development, which is also expected to contribute to the market growth in the region. As per the analysis of CompTIA’s Cyberstates, United States is the largest tech market in the world, representing 33% of the total, or approximately $1.6 trillion for 2021. Alternatively, the market in Europe is also anticipated to occupy a significant share in the DevSecOps market on account of its high adoption rate of cloud technologies and huge customer base in the region. The DevSecOps market in Middle East & Africa is also expected to grow owing to large number of multi-national companies which have set up their business activities in the region.

DevSecOps-Market-Share

The global DevSecOps market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

Base Year

2024

Forecast Year

2025-2037

CAGR

23.8%

Base Year Market Size (2024)

USD 5.4 billion

Forecast Year Market Size (2037)

USD 86.65 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 2926
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of DevSecOps is assessed at USD 6.49 billion.

DevSecOps Market size was over USD 5.4 billion in 2024 and is projected to reach USD 86.65 billion by 2037, growing at around 23.8% CAGR during the forecast period i.e., between 2025-2037.

North America industry is estimated to dominate majority revenue share by 2037, owing to rise in fraud related activities in the banking sector, along with growth in IT infrastructure.

The major players in the market are RedHat, Google, Aqua Security, CyberArk, Splunk, Puppet, Algosec, Check Mark, MicroFocus, and, among others.
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