A number of factors, such as the rising number of data breaches, surging focus on security and compliance, and increasing emphasis on the extremely secure delivery of applications, are expected to fuel the DevSecOps market growth in the foreseeable future. DevSecOps refers to the process of integrating security features in every part of the development process, to infuse security in information technology (IT) and business objectives and minimize vulnerabilities.
One of the key growth drivers for the DevSecOps market is the rising incidence of data breaches, which occur due to vulnerabilities in applications. Data breaches in enterprises often result in the loss of data and money and hamper the reputation of the firm, as such incidences harm the customers. To mitigate these damages, business organizations are increasingly deploying DevSecOps software as it helps in the implementation of more-agile development practices with increased security.
One of the key growth drivers for the DevSecOps market is the rising incidence of data breaches, which occur due to vulnerabilities in applications. Data breaches in enterprises often result in the loss of data and money and hamper the reputation of the firm, as such incidences harm the customers. To mitigate these damages, business organizations are increasingly deploying DevSecOps software as it helps in the implementation of more-agile development practices with increased security.
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This process helps businesses in the early identification of vulnerabilities in the code and improvement of communication and collaboration among teams. The component segment of the DevSecOps market is divided into service and software. Under this segment, the software category held the larger market share in 2019. Thus, the soaring cases of data breaches will result in the increasing demand for DevSecOps software and associated services worldwide.
Currently, the market is highly competitive due to the presence of a large number of players, such as IBM Corporation, ThreatModeler Software Inc., Puppet Inc., Contrast Security Inc., Continuum Managed Services Holdco LLC, Microsoft Corporation, Entersoft Australia Pty. Ltd., Dome9 Security Inc., Aqua Security Software Ltd., CyberArk Software Ltd., Broadcom Inc., Rogue Wave Software Inc., Whitehat Security Inc., Google LLC, Micro Focus International plc, Cloudpassage Inc., 4ARMED Limited, and Checkmarx Ltd. Nowadays, market players are focusing on product launches, partnerships, and mergers and acquisitions to consolidate their presence.
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This process helps businesses in the early identification of vulnerabilities in the code and improvement of communication and collaboration among teams. The component segment of the DevSecOps market is divided into service and software. Under this segment, the software category held the larger market share in 2019. Thus, the soaring cases of data breaches will result in the increasing demand for DevSecOps software and associated services worldwide.
Currently, the market is highly competitive due to the presence of a large number of players, such as IBM Corporation, ThreatModeler Software Inc., Puppet Inc., Contrast Security Inc., Continuum Managed Services Holdco LLC, Microsoft Corporation, Entersoft Australia Pty. Ltd., Dome9 Security Inc., Aqua Security Software Ltd., CyberArk Software Ltd., Broadcom Inc., Rogue Wave Software Inc., Whitehat Security Inc., Google LLC, Micro Focus International plc, Cloudpassage Inc., 4ARMED Limited, and Checkmarx Ltd. Nowadays, market players are focusing on product launches, partnerships, and mergers and acquisitions to consolidate their presence.
- Future potential of the market through its forecast for the period 2020– 2030
- Major factors driving the market and their impact during the short, medium, and long terms
- Market restraints and their impact during the short, medium, and long terms
- Recent trends and evolving opportunities for the market participants
- Historical and the present size of the market segments and understand their comparative future potential
- Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
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