The DevOps platform market is expected to grow $ 2.5 billion with a CAGR of 10.6% by 2032. This data which has been collected and analyzed considering the existing top providers. Cisco, Puppet, Docker, Ansible, Chef, Atlassian, Rackspace, Microsoft, IBM, VMware are the top Players.
According to analysts, rising demand for DevOps technology to improve operations in a rapidly changing market demand is expected to drive the growth of the DevOps market during the estimated period. Increasing demand for fast, constant application delivery systems is expected to accelerate market growth over the forecast period. In addition, the increasing adoption of innovative technologies such as machine learning and artificial intelligence to provide scalable DevOps platforms and solutions is expected to create huge investment opportunities in the market. However, the high cost of implementing advanced DevOps technology can hinder market growth during the forecast period.
The small and medium-sized enterprise (SME) subsegment is expected to grow steadily throughout this period. This is primarily due to the rapid adoption of the DevOps platform by SMEs in software optimization and development services. In addition, several other benefits of DevOps technology, such as time savings in testing, design, and ideas, are expected to drive growth in the market subsegment during the estimated period.
