DevSecOps Market Analysis

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.