The TAM of the security and development operations market will be USD 23.42 billion in 2028

The Global Development, Security and Operations (DevSecOps) Market The size reached USD 2.55 billion in 2020 and is expected to register a CAGR of 32.2% during the forecast period, according to the latest analysis from Emergen Research. Growing need for fast and cost-effective software delivery and increasing focus on security and compliance are key factors that are expected to support the market revenue growth between 2021 and 2028. Additionally, increasing adoption of DevSecOps among organizations to strengthen brand image and improve customer loyalty will continue. to drive market revenue growth in the future. DevSecOps gives enterprises the assurance that their applications are as secure as possible. Although no application is completely secure, deploying DevSecOps ensures that cybersecurity is at the center of all development activities. Businesses can use this approach to gain more trust in apps, as well as build brand image and improve customer loyalty. This is expected to drive the market revenue growth over the forecast period.

However, challenges in implementing DevSecOps solutions are a key factor that is expected to hamper the market revenue growth to some extent over the forecast period.

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The report examines in detail the growth opportunities, challenges, market drivers and restraints, limitations, threats and requirements of the security and development operations market. The study further assesses the regional market as well as the international market to get an insight into the scope of the market. The report also offers estimates and forecasts on the market segment and sub-segments showing promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Security and Development Operations market. It offers fruitful business insights to help businesses take advantage of lucrative growth opportunities.

The report further offers comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers the strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches and brand promotions, among others. The report aims to provide readers with a comprehensive understanding of the relevant characteristics of the industry.

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Key Players profiled in the report are:

Google LLC, Microsoft Corporation, Cloudflare, Inc., International Business Machines Corporation, Ca Technologies Inc., Micro Focus International plc, Synopsys Inc., Fastly, Inc., Array Networks, Inc. and Qualys, Inc.

Additionally, the report provides a comprehensive overview of the security and developer operations market along with the product portfolio and market performance. The report offers key insights on market share, supply chain analysis, supply and demand relationship, import/export details, and product and consumption patterns. For better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence.

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The analysis of the segments and their growth projection is carried out by historical and current in-depth analysis of the market scenario. In addition, the report provides details about the factors and characteristics of the security and development operations market that are expected to drive the growth of the industry in the coming years.

Emergen Research has segmented global development, security, and operations (DevSecOps) based on component, deployment, organization size, end use, and region:

Components Outlook (Revenue, USD Billion; 2018-2028)

  • Solution
  • Services
  • Professional services
  • Managed Services

Deployment Outlook (Revenue, USD Billion; 2018-2028)

Organization Size Method Outlook (Revenue, USD Billion; 2018-2028)

  • Large companies
  • Small and medium enterprises

End-Use Outlook (Revenue, USD Billion; 2018-2028)

  • IT & Telecom
  • Manufacturing
  • BFSI
  • Government
  • Health care
  • Media and entertainment
  • Retail
  • Energy
  • Education
  • travel and hospitality
  • Others

Key questions answered by the report:

What is the Development Security and Operations market growth rate? What is the anticipated market valuation of the security and development operations industry by 2028?

What are the key growth drivers and restraining factors in the Security and Development Operations market?

Who are the major players operating in the market? What are the main strategies adopted by these companies?

What are the key opportunities and growth prospects for the security and development operations industry during the forecast period?

Which region is expected to show significant growth in the coming years?

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