According
to market research report "DevSecOps Market by
Component (Solution and Services), Deployment Type (On-premises and Cloud),
Organization Size, Vertical (BFSI, IT and Telecommunications, Manufacturing,
and Government and Public Sector), and Region - Global Forecast to 2023",
The DevSecOps market size is expected to grow from USD 1.5 billion in 2018 to
USD 5.9 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 31.2%
during the forecast period.
The
growing need for highly secure continuous application delivery and the
increased focus on security and compliance are the major growth factors for the
DevSecOps market.
Browse and
in-depth TOC on “DevSecOps Market”
65
- Tables
37
- Figures
148
- Pages
Companies with DevOps framework adopt DevSecOps framework to deliver higher levels of security and efficiency in their applications
DevSecOps solutions
provide customers with the required set of tools, enabling the security teams
to efficiently align with the DevOps team and deliver the required security
changes, resulting in continuous monitoring of attacks and defects. Companies
with a DevOps framework are adopting the DevSecOps framework to deliver higher
levels of security and efficiency in the applications being built. This results
in the presence of a higher level of security at every stage of the software
delivery life cycle, enabling clients to experience reduced compliance costs
and achieve faster application release and delivery.
Cloud deployment type
would help in enabling enhanced infrastructure scalability and performance
Cloud deployment of
DevSecOps solutions helps organizations deploy their codes in their production
process, along with enhanced security, performance, and scalability. The cloud
deployment type offer organizations with benefits, such as increased
scalability, speed, 24/7 service, and enhanced IT security. DevSecOps practices
would help reduce the Operational Expenditure (OPEX) of organizations using
process standardization and automation processes that come with complete
control and availability of an environment based on users’ needs.
DevSecOps solutions would
help deliver applications faster and efficiently and reduce vulnerabilities and
attacks to a huge extent
The adoption of DevSecOps
solutions is higher among the large enterprises segment, and the trend is
expected to continue during the forecast period. The rising demand for faster
development and release cycles, as well as, the need for early integration of
security tools into the DevOps processes provide large enterprises with various
benefits.
APAC is expected to
dominate the global DevSecOps market during the forecast period
The global DevSecOps
market by region covers North America, Asia Pacific (APAC), Europe, Middle East
and Africa (MEA), and Latin America. APAC has a favorable market for the
DevSecOps solution and service vendors. The region has major developing
economies and a broad customer base for many industries. Due to the huge
customer potential of this region, organizations around the globe want to set
their footprint here. Due to these factors, the adoption of DevSecOps solutions
and services would prove to be beneficial for enterprises, as they can enjoy
the benefits of shorter development life cycles, improved operational
efficiency, enhanced automation, and reduced costs.
The report also studies
various growth strategies, such as mergers and acquisitions, partnerships and
collaborations, and developments, adopted by the major players to expand their
presence in the global DevSecOps market. The major vendors in the global
DevSecOps market include CA Technologies (US), IBM (US), MicroFocus (UK),
Synopsys (US), Microsoft (US), Google (US), Dome9 (US), PaloAltoNetworks (US),
Qualys (US), Chef Software (US), Threat Modeler (US), Contrast Security (US),
CyberArk (Israel), Entersoft (Australia), Rough Wave Software (US), Splunk
(US), 4Armed (UK), Aqua Security (Israel), Check Marx (Israel), Continuum Security (Spain), Whitehat Security (US), Sumologic
(US), Puppetlabs (UK),and Algo Sec (US).
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Content Source: https://www.marketsandmarkets.com/PressReleases/devsecops.asp
Report: https://www.marketsandmarkets.com/Market-Reports/devsecops-market-122458587.html
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/devsecops.asp
Report: https://www.marketsandmarkets.com/Market-Reports/devsecops-market-122458587.html
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