Report ID: UCMIG45A2073
Report ID:
UCMIG45A2073 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2020, the global DevSecOps market reached a significant valuation of USD 2.79 billion. Moving forward, industry experts predict a robust growth trajectory for the market, with a projected compound annual growth rate (CAGR) of 24.1% from 2021 to 2028. DevSecOps, which combines development, security, and operations, has gained substantial traction as organizations prioritize the integration of security practices throughout the software development lifecycle. The increasing adoption of cloud computing, agile methodologies, and the need for continuous integration and deployment further fuel the demand for DevSecOps solutions. With its potential to enhance application security and streamline development processes, the DevSecOps market is set to witness significant expansion in the coming years.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Internet Software & Services by segment aggregation, the contribution of the Internet Software & Services in Software & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG45A2073