Development to Operations Market Size Worth $54.53 Billion By 2032 | CAGR: 16.7%

Development to Operations Market Size Worth $54.53 Billion By 2032 | CAGR: 16.7%

The global development to operations market size is expected to reach USD 54.53 billion by 2032, according to a new study by Polaris Market Research. The report “Development to Operations Market Share, Size, Trends, Industry Analysis Report, By Deployment (Cloud, On-premise); By Enterprise Size; By End-use; By Region; Segment Forecast, 2023-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Businesses creating, implementing, and maintaining their applications and services are changing due to cloud computing. DevOps enables enterprises to quickly and effectively create and deploy apps and services, allowing them to take advantage of the advantages of cloud computing, driving market expansion. For instance, In January 2023, Opkey announced the availability of their DevOps platform for Oracle Cloud ERP, which enables businesses to adopt DevOps when putting Oracle Cloud ERP into practice fully by incorporating DevOps best practices. This new platform enables customers to simplify their Oracle Cloud ERP implementation.

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DevOps operations are being streamlined and automated with increasing help from automation and artificial intelligence, which lowers the need for manual intervention and boosts productivity. By doing so, developers and operations teams may concentrate on more valuable tasks while mistakes are reduced and quality is improved. This is positively impacting the market growth. In February 2023, Red Hat announced the launch of the Red Hat Ansible Automation Platform on Google Cloud to simplify cloud platform administration. As more workloads are transferred from the network edge to the cloud, many IT companies strive to automate as many operations as feasible. The widespread adoption of Ansible by IT vendors and cloud service providers has become the de facto standard for IT automation.

Strict regulatory standards apply to several areas, including the financial and healthcare sectors. By empowering them to create and deploy software applications and services that adhere to regulatory standards rapidly and effectively, DevOps may assist these industries in complying with regulatory requirements, which is the reason for the rising adoption of DevOps in these industries.

Development to Operations Market Report Highlights

  • Cloud segment is leading the global market owing to the rise in cloud adoption and the need for more efficient and cost-effective software delivery.
  • SMEs segment is expected to grow at a high CAGR during the forecast period. This can be attributed to the increasing demand for digital transformation across various industries
  • Manufacturing sector is anticipated to grow at a high CAGR during the forecast period. The different software tools and technologies used in manufacturing must collaborate to enhance management
  • North America is the largest market due as the region has a large number of companies that are rapidly adopting digital technologies to improve their operational efficiency and customer experience.
  • Key players include Amazon Web Services, Dell Technologies, SGS, Cisco Systems, & Rackspace Technologies.

Polaris Market Research has segmented the Development to Operations market report according to deployment, enterprise size, end-use and region:

Development to Operations, Deployment Outlook (Revenue - USD Billion, 2019 - 2032)

  • On-premise
  • Cloud

    Development to Operations, Enterprise Size Outlook (Revenue - USD Billion, 2019 - 2032)

  • SMEs
  • Large Enterprise

   Development to Operations, End-use Outlook (Revenue - USD Billion, 2019 - 2032)

  • IT
  • BFSI
  • Retail
  • Manufacturing
  • Healthcare
  • Energy & Utilities
  • Others

Development to Operations, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa