DevOps Market Expected To Grow Beyond $4.5 Billion In 2022
The DevOps market is expected to grow beyond $4.5 billion in 2022. Globally, experts forecast an approximately 18% growth rate annually, from $4.5 billion in 2019 to over $17.3 billion in 2027. Of course, this growth is driven by several emerging trends and innovations. For example, continuous integration capabilities allow users to code, build, integrate, and test software projects on a regular basis. Using DevOps, these integrations reduce capital and operational expenditures. More so, leading software developers better understand their resources, identify lucrative performance opportunities, and stay updated on the latest DevOps trends. In this post, we will discuss several of the innovative trends driving the latest DevOps growth expectations.
Accelerated Security
Accelerated security protocols are driving the DevOps market’s expected growth rates. While the software delivery life cycle used to take 6 months, companies are continuously deploying new releases multiple times a year. Of course, security protocols must match the speed of delivery. With DevOps, there is shared ownership to fix security vulnerabilities and bugs within core components. By collaborating between various application components, teams can deploy secure code reliably and prevent serious risk. Compliance, authentication and authorization are moving faster to keep up with the rapid delivery cycles. Certainly, the demand for these processes will continue to rise along with the need to balance agility and security.
Hybrid Teams
Additionally, the rise of hybrid teams drives the overall DevOps market size. Strategic DevOps practices drive pressure to sell products or services through apps, eCommerce solutions, and SaaS services. Therefore, product and engineering teams must rapidly merge into cross-functional, multidisciplinary teams that develop together. Each member needs to expand their processes, soft, and automation skills. Working in this capacity, teams develop more functional and business knowledge, while maintaining expertise in their original focus areas. This way, hybrid teams are evaluated on the growth-defining customer value they deliver, rather than their products or services.
CI/CD Pipelines
Moreover, CI/CD (continuous integration/continuous delivery) pipelines are driving exponential DevOps market growth. These pipelines automate each stage of the DevOps delivery life. By encompassing continuous integration, continuous delivery, and infrastructure, CI/CD pipelines empower development teams to ship products or updates faster. Additionally, the best pipelines integrate with native software platforms, cloud SaaS, and on-premise subscription services. This way, they continue to provide automation and optimization beyond the scope of the tool itself. Leveraging these tools, you can facilitate smaller code changes, fault isolations, and streamline your release rate. Naturally, this helps you minimize your backlog and accelerate meantime to resolution (MTTR). Certainly, demand for pipelines’ comprehensive automation and optimization features drives significant DevOps market growth.
Predictive Analytics (AIOps)
Furthermore, predictive analytics are a driver of DevOps market growth expectations. Properly leveraging these analytics, DevOps organizations build a strong focus on continuous improvement. This way, infrastructure and operations teams gain deeper insights into the business resources being utilized. Of course, these solutions lead to improved asset utilization, maintenance and overall performance. Additionally, these metrics offer in-depth insights to improve business outcomes in the future. Definitely, predictive analytics drive continuous improvements within the DevOps industry.
Complex Toolchains
On top of that, the increasing complexity of DevOps toolchains raises significant market growth expectations. Of course, DevOps teams utilize these toolchains to collaborate and quantify their development results. As demand for DevOps services increase, the variety of these toolchains will continue to evolve to meet new demands. With more options, many DevOps teams implement complex toolchains that handle a variety of tasks across the software development life cycle. This way, developers support multiple platforms, streamline operations, and improve productivity with a single, comprehensive tool. Leveraging this functionality, you can supercharge productivity, efficiency, and availability across your SDLC. Surely, complex DevOps toolchains grow the market by increasing accessibility.
Many significant DevOps market trends drive the industry’s massive growth predictions through 2022. As a strategic approach combining the efforts of your development and operations teams, DevOps is known to supercharge productivity, collaboration, and visibility. Therefore, it is becoming widely adopted by programming teams across the globe. For example, accelerated security protocols drive significant DevOps market growth expectations. Moreover, expansion of hybrid teams shift a DevOps focus to delivering customer value instead of features or products. Furthermore, continuous integration and delivery pipeline automations and optimizations greatly accelerate DevOps deliveries. Utilizing these tools, you can supercharge control, availability, and productivity. Additionally, predictive analytics provide several insights that drive process improvements. This way, you can maximize the efficiency, productivity, and teamwork of your pipeline. Finally, complex toolchains are continuously being added to the market. Of course, these are just a few of the major trends shaping the DevOps market’s growth beyond 2022.
