The global Development Security and Operations (DevSecOps) market size was USD 4.69 Billion in 2022 and is expected to register a revenue CAGR of 25% over the forecast period, according to the latest report by Reports and Data.
Rising demand for faster application development and delivery is one of the main factors influencing market revenue growth. Organizations must swiftly create and deploy apps in today’s fast-paced business climate in order to remain competitive. Organizations may create and deploy applications more quickly with the help of the software development technique known as DevSecOps, which incorporates security principles into the development process.
Another factor boosting market revenue growth is the growing need for improved security in application development. Security is becoming a crucial component of application development due to the increase in cyberthreats. By incorporating security principles into the development process, DevSecOps ensures that security is embedded into applications from the ground up and offers a comprehensive approach to security.
The market revenue growth is also being fueled by the increasing usage of cloud-based technologies. Organizations are quickly embracing cloud-based solutions to optimize their operations since cloud-based technologies have become a crucial component of the current corporate environment. While maintaining the security of their applications, DevSecOps enables enterprises to take use of cloud-based solutions’ benefits.
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the rising need for enhanced security in application development is a significant factor driving market revenue growth. As cyber threats continue to evolve and become more sophisticated, organizations recognize the importance of incorporating security measures throughout the development lifecycle. DevSecOps, which combines development, security, and operations, offers a comprehensive approach to application security. By integrating security practices into every stage of the development process, organizations can proactively address security vulnerabilities and ensure that applications are built with robust security features.
The growing adoption of cloud-based technologies is another driver of market revenue growth. Cloud computing has revolutionized the way businesses operate by providing flexible and scalable solutions for data storage, processing, and application deployment. DevSecOps aligns well with cloud-based technologies, as it enables seamless integration and collaboration between development teams and cloud platforms. This integration allows organizations to take full advantage of the benefits offered by cloud-based solutions while ensuring that security measures are implemented at every layer of the application stack.
Overall, the combined benefits of enhanced security and cloud-based integration make DevSecOps an attractive approach for application development. As the demand for secure and efficient software solutions continues to rise, the market for DevSecOps is expected to grow significantly.
Some leading companies operating in the global Development Security and Operations (DevSecOps) Market:
Amazon Web Services, CA Technologies, Checkmarx, IBM Corporation, Micro Focus, Qualys, Sonatype, Synopsys, and WhiteHat Security.
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The global market is further segmented into type and application:
Component Outlook (Revenue, USD Billion; 2022 – 2032)
Organization Size Outlook (Revenue, USD Billion; 2022 – 2032)
- Small & Medium-sized Enterprises (SMEs)
- Large Enterprises
Deployment Mode Outlook (Revenue, USD Billion; 2022-2032)
Industry Vertical Outlook (Revenue, USD Billion; 2022-2032)
- Banking & Financial Services, and Insurance (BFSI)
- IT & Telecommunications
- Government & Public Sector
- Retail & Consumer Goods
- Healthcare & Lifesciences
- Media & Entertainment
Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
- Latin America (Brazil, Rest of LATAM)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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