target audience: TECH SUPPLIER Publication date: Aug 2023 - Document type: Market Forecast - Doc Document number: # US50199723
Worldwide DevOps Software Tools Forecast, 2023-2027
This IDC study provides a worldwide forecast for the DevOps software tools market for 2023–2027. The study also delivers the market size in 2022 and a five-year forecast through 2027 by geographic region and deployment type.
According to Katie Norton, senior research analyst, DevOps and DevSecOps, IDC, "The DevOps market continues to grow despite economic uncertainty, and we expect this to continue through 2027 with an overall CAGR of 16.1%. Growth of this market is driven in part by the increasing need to incorporate security into DevOps processes, along with the evolution of DevOps practices in areas such as GitOps, FinOps, platform engineering, and others, all of which contribute to increased market activity and expansion."