The Global DevSecOps Market size was valued at USD 5.98 billion in 2023 & is projected to reach USD 18.78 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 15.77% during the forecast period, i.e., 2024-30. According to MarkNtel Advisors Study.
Global DevSecOps Market Driver:
Growing Needs for Mitigating Security Vulnerabilities – Globally, the cyber security landscape has been constantly evolving, posing significant threats to establishments across verticals. As per cybercrime analytics firm, Spycloud, in 2023, almost 81% of establishments were affected by ransomware at least once. Most of these cyberattack numbers were carried out by comparatively small and agile ransomware gangs. These cyber security threats include a wide range of SQL injections, cross-site scripting, data breaches, insecure APIs, malware, phishing attacks, unpatched vulnerabilities, and unauthorized access among others.
Owing to this rapidly growing cyber threat scenario, software developers consider security as a major concern that is altering the process of software development. The developers consider these risks to be multifaceted, targeting sensitive data, the integrity of systems, and the privacy of users. DevSecOps security tools operate on the principle of early detection and resolution of security fragility to counteract the growing threat of unpatched vulnerabilities. Hence, as the underlying necessity for robust cybersecurity measures throughout the software development lifecycle is increasing, the demand for DevSecOps tools is also growing across verticals.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global DevSecOps Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- By Offering
- Solution – Market Size & Forecast 2019-2030, (USD Million)
- Service – Market Size & Forecast 2019-2030, (USD Million)
- Professional – Market Size & Forecast 2019-2030, (USD Million)
- Managed – Market Size & Forecast 2019-2030, (USD Million)
- By Deployment
- On-Premise- Market Size & Forecast 2019-2030, (USD Million)
- Cloud- Market Size & Forecast 2019-2030, (USD Million)
- By Organization Size
- Small & Medium Enterprise- Market Size & Forecast 2019-2030, (USD Million)
- Large Enterprise- Market Size & Forecast 2019-2030, (USD Million)
- By End User
- Banking Financial Services and Insurance (BFSI)- Market Size & Forecast 2019-2030, (USD Million)
- IT & Telecom- Market Size & Forecast 2019-2030, (USD Million)
- Manufacturing- Market Size & Forecast 2019-2030, (USD Million)
- Healthcare- Market Size & Forecast 2019-2030, (USD Million)
- Retail- Market Size & Forecast 2019-2030, (USD Million)
- Media & Entertainment- Market Size & Forecast 2019-2030, (USD Million)
- Others (Education, Tourism, etc.)- Market Size & Forecast 2019-2030, (USD Million)
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – CA Technologies, Google LLC, IBM, Microsoft Corporation, Synopsys, PaloAltoNetwork, DuploCloud, Micro Focus, Veritas, Checkpoint, Accenture, Autorabit, Sophos, Oxeye, Veracode, and others are looking forward to strengthening their market positions.
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