by DevOps is an approach that aims to accelerate software delivery by integrating development and operations teams. DevOps emphasizes on continuous testing, delivery, integration, and deployment by adopting automation tools to ensure high quality and reliability while reducing human errors and time to deploy code changes. DevOps automation tools streamline application release management and automate infrastructure provisioning, configuration management, application deployment, monitoring, and other IT processes needed to deliver features, fixes, and updates frequently in production.
The global DevOps Automation Tools Market is estimated to be valued at US$ 5.79 Bn in 2023 and is expected to exhibit a CAGR of 8.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The surging demand from growing startups and SMEs seeking to automate and accelerate application release cycles is expected to drive the DevOps automation tools market over the forecast period. Startups and smaller companies leverage DevOps automation tools for quicker release cycles and continuous integration to meet customer expectations and compete effectively. As startups raise more funding for product development, investments in DevOps tools increase. The adoption of DevOps practices and automation tools improves collaboration within development and operations teams and enhances productivity. This allows startups to focus more on innovation and expand customer base rapidly.
SWOT Analysis
Strength: DevOps Automation Tools are used for streamlining software development, testing and deployment. It helps in reducing the time to market and improves the productivity of software development teams.
Weakness: Implementing DevOps Automation tools requires a mindset change and a lot of initial investment which can be a hurdle for small and medium teams. Training and skilling the team takes time to adapt to DevOps practices.
Opportunity: Growth of digital transformation initiatives across industries is creating a huge opportunity for DevOps Automation Tools providers. Focus on cloud native applications and microservices adoption will further drive the DevOps Automation Tools market.
Threats: Open source tools can pose a threat as they provide similar functionalities at no cost. Lack of IT modernization in some organizations can resist the adoption of DevOps practices.
Key Takeaways
The Global Devops Automation Tools Market Size is expected to witness high growth. Regional analysis comprises
The North American region dominates the DevOps Automation Tools market currently due to heavy investments in digitization by enterprises. Growing focus on rapid application development and continuous delivery models in the US and Canada is fueling the adoption of DevOps Automation Tools in the region. The Asia Pacific region is expected to offer lucrative growth opportunities during the forecast period supported by the increasing development of digital infrastructure and rising tech-savvy population in countries like India, China and Japan.
Key players operating in the DevOps Automation Tools market are Bayer Material Science, Lyondell Basell, Dow Chemicals Company, Polyplastics Group, China XD Plastics Company Ltd., and Saudi Basic Industries Corporation (SABIC). DevOps Automation Tools providers are focusing on offering AI-powered tools, cloud-based solutions and integrating them with leading project management and monitoring platforms to gain a competitive edge in the market. Partnerships with cloud providers and consulting companies are helping key players in expanding their customer base globally.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
