DevOps Market Overview by Technology, Revenue, Demand and Forecast to 2026
The DevOps market size from healthcare industry is likely to surpass by $2 billion by 2026. These DevOps solutions help healthcare establishments to remain competitive by enhancing their medical products as compared to organizations who use standard development approaches. Furthermore, organizations are also utilizing DevOps for deployments of big data project by using data sources which includes electronic health records, medical devices, and lab reports.
The DevOps market is poised to record substantial gains over the coming years owing to the increasing demand for rapid software development throughout industries. Technologically advanced DevOps capabilities, which includes cost reduction, improved efficiency in communication, reduced failures in deployment, and shorter development lifecycles are driving the demand for DevOps services and solutions.
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The DevOps market is likely to exceed $17 billion through 2026.
The enterprises are also adopting deployment models which are hybrid-cloud based since these comprise of various public as well as private infrastructure resources. This helps them to integrate the DevOps solutions with conventional and virtual based platforms, thereby expediting the application delivery and development process.
The demand to minimalize the system development lifecycle and grow productivity of business through fast application delivery is anticipated to considerably contribute in the DevOps market growth.
Manual intervention in the testing process might damage the agility in the development processes. However, automated building as well as deployment processes and continuous delivery implementation could simplify the total process thereby offering better control and visibility over the application processes.
Further it helps in stopping and diminishing the risks linked with the deployment process. The DevOps tools that are used in software delivery management aid in removing redundant source code as well as concurrent evaluation. These tools also deliver automated code checking as well as value stream management across the processes till delivery.
The market for operations DevOps is anticipated to grow at a CAGR of more than 22% by 2026. DevOps gives development teams an easier access to debug the source code as well as make and changes needed in the code.
As upgradation of software is becoming more and more important, enterprises are actively turning to DevOps solutions for rapid deployment and development. In fact, enterprises are utilizing the DevOps functionalities for agile software development, thereby substantially decreasing manual processes as well as eliminating the frequency of coding errors.
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Key players operating in the DevOps market include Google LLC, Microsoft Corporation, Amazon Web Services, Dell Technologies, IBM Corporation, and Oracle Corporation among others.
Citing an example, Microsoft Cooperation has various business units which includes Office, Windows, and Azure. The company adopts practices like agile and DevOps for the deployment and development of updated solutions on time while also concentrating on utilizing centralized DevOps units in order to automate a majority of processes.
Citing an example, Google Health in September 2019, launched healthcare applications such as DeepMind Technologies for the healthcare sector. The company further utilizes expertise in DevOps, ML, AI, and data security.
Meanwhile, the cloud-based DevOps deployment model is anticipated to grow rapidly with a CAGR of over 20% through the forecast timeframe. Most of the enterprises are converting their present business into cloud-based deployment models.
Owing to multiple teams and product developments, the demand for DevOps services and solutions is increasing in large enterprises. The large enterprises are forming development teams according to their business operations, and the DevOps tools they use might also change as per the needs of the organization.
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Rahul Varpe
Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid...