DevOps Market Size (2024 - 2029)

DevOps Market Analysis

The DevOps Market size is estimated at USD 13.14 billion in 2024, and is expected to reach USD 36.01 billion by 2029, growing at a CAGR of 22.34% during the forecast period (2024-2029).

The increasing need for efficient and maintained operational processes and rising adoption of cloud computing coupled with PaaS lowered downtime in software development life cycles are pushing the growth of the DevOps Market. Different firms across the globe are focusing on decreasing the time and maintenance of the software development operation process. DevOps enables improved collaboration and synchronization among developers and reduces the maintenance of the constant development process.

• MLOps and AIOps are two of the renowned trending DevOps tools. Essential to optimize the DevOps processes to reap the benefits of high-quality and quick developments where MLOps and AIOps are important role players. AIOps enable automates IT processes and operations, whereas MLOps maintains the development system of machine learning. This is one of the widely used DevOps future trends, which has also been incorporated into a platform named DRYiCE IntelliOps, developed by HCL. 
• As a solution that manages the full stack AIOps of the firms and its observability requirements, it specializes in converting the customers of HCL from reactive to proactive.
• The low-code approach enables agility, providing every firm with a competitive edge in the demanding and fast-paced software market. Low-code platforms enable businesses and enterprises to build applications without export coding knowledge. This allows non-technical professionals to also have a hand in creating software via a visual interface that entirely manages the app development process. 
• It enables users to build their logic and workflow by dragging and dropping elements. This is one of the well-known DevOps trends that has enabled speed up the development and deployment process just by creating simplistic and user-friendly applications.
• Further, GitLab surveyed 5,001 technology managers and professionals and found a significant boost in DevOps practices over just the past 12 months. In 2022, a sizeable slice of respondents (47%) suggested DevOps or DevSecOps was their methodology of preference, a five percentage point increase over 2021. 
• The survey shows that this rise in DevOps comes with an improved cadence in software delivery. 7 in 10 DevOps teams (70%) introduced code continuously, described as once a day or every few days, up 63 percent from last year. At least 60 percent of developers are developing code faster than before. A complete 35% said they are developing code twice as fast, while 15% release code between three and five times faster.
• One of the most common problems with DevOps is the challenge of holistically monitoring the entire process. DevOps consists of several moving parts, each with different metrics to judge their effectiveness. For example, a metric like the number of deployment frequency or code branches might deal with the CI/CD approach. Further, something like Defect Escape Rate is a component of the Continuous Testing pipeline. Often there needs to be clearer visibility over the entire process, leading to finger-pointing and production delays. Any manual processes made to envisage this lead to extensive labor and risks incorrect updates due to human error.

DevOps Industry Segmentation

DevOps is a set of tools and practices that automates and integrates the processes between software development and Information technology teams. It emphasizes team empowerment, cross-team communication and collaboration, and technology automation.

The DevOps market is segmented by solution (monitoring and performance management, lifecycle management, analytics, delivery and operation management, testing and development), by organization size (SME organization, large organization), by application (BFSI, retail, government, manufacturing, IT and telecommunication, healthcare), and by geography (North America, Europe, Asia Pacific, Middle East and Africa, Latin America).

The market sizes and forecasts are provided in terms of value (USD) for all the above segments.