DevSecOps Market Size - By Component (Solution, Service [Professional Service, Managed Service]), By Deployment Model (On-premises, Cloud), By Organization Size (SME, Large Organization), Application & Global Forecasts, 2023 - 2032

DevSecOps Market Size

DevSecOps Market size valued at USD 4.4 billion in 2022 and is anticipated to grow at a CAGR of 22% between 2023 and 2032. The rising adoption of advanced technologies by small- & medium-sized businesses as well as increased IT modernization efforts is expected to create additional opportunities for the market.
 

The rising demand for team collaboration, increasing automation adoption in software development & testing, emphasis on security & compliance, and growing acceptance of microservices & service virtualization are expected to drive market growth. Increasing enterprise investments in advanced IT technologies, such as artificial intelligence, machine learning, the Internet of Things, and BYOD, are expected to propel the DevSecOps market demand. The exchange of large data volumes within an organization requires security, which is expected to increase DevSecOps adoption.
 

DevSecOps, short for development, security, and operations, is an approach to software development that integrates security practices and principles into the DevOps process. It aims to ensure that security measures are integrated throughout the entire software development cycle, from the initial design and development to deployment and maintenance. DevSecOps emphasizes the collaboration and shared responsibility between development teams, security teams, and operations teams. It recognizes that security is not a separate phase or an afterthought but an integral part of the development & deployment process.
 

Adopting DevSecOps requires a cultural shift within organizations as it necessitates collaboration and shared responsibility between development, security & operations teams. Resistance to change or lack of buy-in from stakeholders can hinder the implementation of DevSecOps practices. Growth in the DevSecOps market is expected to be slowed by a scarcity of skilled professionals.
 

COVID-19 Impact

The COVID-19 pandemic, as well as the subsequent lockdowns and restrictions, had moderate impacts on the market expansion. As the pandemic disrupted various business deployment models, companies started shifting to cloud services to resume their deployment models. The sudden shift to work-from-home practices during the pandemic to ensure employee safety also augmented market size. The increasing number of cyberattacks in various industries, such as IT & telecommunications, BFSI, retail, and consumer goods, is also expected to fuel market revenue.
 

DevSecOps Market Trends

The DevSecOps industry growth is driven by increasing organization focus towards cyber security. The number of cybercrimes reported currently demonstrates how important security is for a product's life cycle. Companies are implementing the DevSecOps framework to deliver higher levels of security and efficiency in the development of their applications. It provides customers with the tools they need to efficiently align with the DevOps team and deliver the necessary security changes, resulting in continuous monitoring of attacks & defects. DevSecOps technology has gained popularity among organizations due to the benefits it provides, which include increased speed & agility for security teams, improved team collaboration & communication, early detection of vulnerabilities in code, and better cloud service deployment(s) with robust security protocols.
 

DevSecOps Component Market Analysis

The DevSecOps market size from solution segment dominated around USD 3 billion revenue in 2022, attributed to the increasing demand for highly secure continuous application delivery. During the COVID-19 pandemic, the growing preference for remote working increased the risk of cyber threats and data breaches, driving the market value. The growing popularity of DevSecOps among organizations as well as its benefits, such as increased speed & agility, improved communication & collaboration among teams, early vulnerability detection, and security, is expected to propel the demand for DevSecOps solutions.
 

The DevSecOps market from cloud segment was reached USD 1.4 billion revenue in 2022. The cloud deployment model works with various devices and channels including smartphones, tablets & social media. Furthermore, cloud deployment benefits organizations by increasing speed & scalability, providing 24/7 services, and improving IT security. The growing desire to reduce capital and operational expenditures is expected to proliferate the demand for cloud deployment of DevSecOps solutions.
 

The IT & telecommunication segment accounted for 24% of DevSecOps market in 2022. DevSecOps is used in the IT industry to automate software development, testing & operations, which improve product quality, customer experience, and delivery time. DevSecOps solutions also assist the IT industry in resolving issues related to release timelines and software quality. The increasing number of cyberattacks and growing awareness about the benefits of DevSecOps may drive product demand in the IT & telecommunications industry.
 

North America DevSecOps market held over 35% revenue share in 2022, aided by the early & rapid adoption of technologies such as cloud computing and the Internet of Things (IoT) in healthcare. The U.S. and Canada are some of the countries in North America that are early adopters of technology. The high adoption rate of DevSecOps solutions across various industries, including BFSI, IT & telecommunications, and retail, along with the increasing frequency of data breaches is driving market growth.
 

DevSecOps Market Share

Some of the major companies operating in the DevSecOps market are:

• Amazon Web Services (AWS), Inc.
• Atlassian Corporation Plc.
• Broadcom, Inc.
• Check Point Software Technologies Ltd.
• Entersoft Security
• Gitlab, Inc.

These companies focus on strategic partnerships and new product launches & commercialization for market expansion. Furthermore, they heavily invest in R&D to introduce innovative products and garner maximum revenue in the market.
 

DevSecOps Industry News:

• In August 2022, Copado, a global leader in low-code DevOps, released a new DevSecOps training module that aids in secure & faster software releases. The module is available in the Copado Community, where the community's 55,000 members can learn, connect, and develop their careers.
   
• In May 2022, Progress Infrastructure Software released Progress Chef Cloud Security, which extends DevSecOps with compliance support for native cloud assets, enabling end-to-end management of on-premises, cloud, and native cloud resources. The offering is complemented by new capabilities across the Chef portfolio. This launch aimed to achieve DevOps success in enterprise deployments to deliver a unified & scalable platform that accelerates the delivery of secure and compliant application releases in mixed computing environments.
   

This DevSecOps market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments:

Market, By Component

• Solution
• Service

Market, By Deployment Model

• On-premises
• Cloud

Market, By Organization Size

• SME
• Large organization

Market, By Application

• BFSI
• IT & telecommunication
• Healthcare
• Retail
• Government
• Manufacturing
• Media & entertainment
• Others

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Netherlands
• Asia Pacific
  • China
  • Japan
  • India
  • Australia & New Zealand
  • South Korea 
• Latin America
  • Brazil
  • Mexico
  • Argentina 
• MEA
  • UAE
  • Saudi Arabia
  • South Africa