The changing priority of a company for improved security quality and resilience is the key driving factor of DevSecOps Market. Furthermore, the simultaneously working of development of software and automation of security reduces the time to bring the technology to the market. DevSecOps uses artificial intelligence and machine learning to automate many of its processes. Adopting DevSecOps helps the organization to address the business needs faster along with maintaining stable operations and keeping the enterprises secure. Moreover, many organizations have started adopting DevSecOps platform.
However, many try to get perfect security at every single stage of the development. This process requires time and patience but, many organizations give up due to long time wastage. Furthermore, DevSecOps technology integration and continuous development process of the security should be done simultaneously. Adding security features after DevOps is challenging as getting new DevOps tools to be compatible with the old security method is difficult.
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Moreover, many organizations are still in the early stage of development of the market and are adopting different strategies to increase their market growth and boost their DevSecOps market size. For instance, Red Hat was acquired by IMB in 2018 to increase its market share in the DevSecOps industry.
COVID-19 Impact Analysis
- The emergence of COVID-19 has a great impact on all industries across the globe. Furthermore, lockdown and restrictions have forced the people to work from home due to which many regions across the world have witness a 25% increase in web traffic.
- Moreover, extensive use of conferencing applications, such as Zoom, Skype, and Microsoft Teams, are benefitting from growing usage while other technologies, such as virtual private networks (VPNs), cyber security, and data security, will witness a surge as most workforces are operating remotely.
- It is expected that the U.S. and global tech market growth was slowing down to nearly 2% in 2020, due to which ICT spending in major economies, such as the U.S., declined in the first half of 2020.
- In the medium-to-long run, the COVID-19 technology impact may be extremely positive. Everyone is forced to embrace new technologies and discover their benefits. Additional investments in digital infrastructure can be expected.
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The report has offered an all-inclusive analysis of the global DevSecOps Market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the start, the report lays emphasis on the key trends and opportunities that may emerge in the near future and positively impact the overall industry growth.
Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.
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Key benefits of the report:
- This study presents the analytical depiction of the DevSecOps market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the DevSecOps market share.
- The current market is quantitatively analyzed to highlight the DevSecOps market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed DevSecOps market analysis on the basis of competitive intensity and how the competition will take shape in coming years
Key Market Players:
- Cloudflare, Inc.,
- Microsoft Corporation,
- IBM Corporation,
- CA Technologies,
- Synopsys, Inc.,
- Riverbed Technology, Inc.,
- Google LLC,
- Dialogic,
- MicroFocus,
- Array Networks
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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
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