DevOps Tool Market: Global Analysis, Market Share, Size, Trends, Growth Analysis, and Forecast to 2019-2024
DevOps is a medium using which the software development sector can benefit much. The medium brings together the development and the operations teams. While working, often there is a gap between both sides. To curb that the platform has been raised, which aims at providing a better work flow and precision to get desired results. The procees proves to be an efficient method. Tools that back up the process are called DevOps tools that include configuration management tools, collaboration & organizational tools, build automation tools, API tools, and application & infrastructure monitoring tools, etc.
Rising demand from various end users about DevOps to ensure better growth for the market for DevOps tools. These tools are quite cost-efficient and curbs the production cost significantly, as well as, have positive impact on time management.
Companies leveraging from the growing integration DevOps tools in various industries are Docker Inc., Puppet Labs, Chef, Saltstack, Red Hat, Atlassian, XebiaLabs, VersionOne, Cisco, CollabNet, Vmware, Microsoft, CA Technologies, HP, IBM, Rackspace, Spirent Communications plc, DBmaestro, and others. These companies are banking on their strategic moves to encash more from the market and ensure better growth charts for the market as a whole.
The market for DevOps tools requires a closer inspection as it would assist in the understanding of factors that are pressing the market to move forward. This study has been boosted further by several facts to make the predictions more reliable.
By product type, the market study of the global DevOps tools covers DevOps Ready, DevOps Enabled, DevOps Capable. All these sectors have specific function according to which they are pervading the market.
By application, the report covering the market for DevOps market includes IT, Telecom, BFSI, and Government & public sector. These sectors are witnessing a prolific ingress of the global DevOps tools market.
Europe and North America are expected to garner better profits by leveraging several features like better technological integration at all level, sophisticated infrastructures, high investment capacity, and others. These features can push these regional markets wide open and allow in DevOps tools to have a much simplified installation procedure. Countries like Denmark, the Netherlands, France, Germany, the US, Canada, the UK and others are expected to increase their profit margins by having these processes installed at the earliest.
The APAC region is opening up to new technologies pretty quickly as several countries are investing much on bettering their infrastructural stance. Simultaneously, investors are considering the region as a scope to explore various opportunities, which can trigger better market growth. The Middle East & Africa market may find the growth to be sluggish due to the presence of poor economies in Africa.
In September 2019, SmartBear announced that they have taken over BitBar of Helsinki in recent bid to improve their market stance. The move is expected to give SmartBear an advantage in their mobile application test automation platform sector. Another company TPG Capital is eyeing to buy CollabNet VersionOne.
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Source: EIN Presswire