DevSecOps Market Size 2024-2028

The  DevSecOps market size is forecast to increase by USD 14 billion at a CAGR of 37.12% between 2023 and 2028. Market expansion hinges on multiple factors, including the surge in cyberattacks, heightened demand for highly secure and uninterrupted application delivery, and rising awareness among enterprises about the advantages of DevSecOps. The increasing frequency of cyberattacks underscores the crucial need for robust security measures, propelling organizations to prioritize secure application delivery solutions. Simultaneously, the recognition of DevSecOps benefits, such as enhanced collaboration and faster delivery cycles without compromising security, is driving its adoption across enterprises. These trends collectively contribute to shaping a market landscape where security, continuous delivery, and DevSecOps principles converge to meet the evolving needs of modern businesses.

What will be the size of the Market During the Forecast Period?

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Market Dynamics and Customer Landscape

The DevSecOps market is witnessing significant growth due to the increasing adoption of IT modernization efforts, cloud computing, and automation in various industries including Telecommunication, Banking, Insurance, and Small and Medium Enterprises (SMEs). The integration of Artificial Intelligence (AI) and Machine Learning (ML) in DevSecOps is a major trend, providing advanced threat detection and response capabilities. The Internet of Things (IoT) is also fueling the growth of the market, as organizations look to secure their connected devices and networks. With the rollout of 5G, the need for robust security solutions is becoming increasingly critical. Cybercrimes and data breaches continue to pose a significant threat to businesses, making security a top priority. Key players in the market include Capado, NewContext, CA Technologies, PaloAltoNetworks, Riverbed Technology, and Synopsys. Team collaboration is another key factor driving the growth of the market, as organizations look to streamline their development and security processes. Cloud-based deployment models are also gaining popularity, providing scalability and flexibility. In conclusion, the DevSecOps market is expected to continue its growth trajectory, driven by the increasing adoption of IT modernization efforts, automation, and the need for advanced security solutions in various industries.

Key Market Driver

The increasing incidence of cyberattacks is a key factor driving the growth of the global development, security, and operations (DevSecOps) market. Cyber-attacks targeting people, networks, and devices are becoming more sophisticated and sophisticated. In a rapidly changing IT infrastructure, attackers are finding new ways to steal valuable information and disrupt businesses and individuals by infiltrating a variety of devices such as personal computers (PCs), laptops, and smartphones. is finding the Collection of Confidential Information. Increased reliance on these devices for important purposes such as transactions, purchases, and other related activities will increase data theft incidents.

Furthermore, with the emergence of social networking websites, it has become easy for attackers to extract information from vulnerable users. Most security breaches are estimated to be cases of insider fraud (virus attacks from inside a system). Such increasing cases of advanced and sophisticated cyber-attacks are compelling end-users to adopt DevSecOps. Hence, such factors are expected to propel the growth of the market during the forecast period.

Significant Market Trend

Increasing penetration of IoT and distributed denial-of-service (DDoS) attacks are the primary trend in the global development, security, and operations (DevSecOps) market. The threat of cyber-attacks has increased significantly over the years as IoT becomes more prevalent in the consumer electronics industry. The proliferation of connected devices in homes and businesses has increased the need for effective security software for mobile devices. However, hackers are primarily focused on attacking poorly secured networks. Denial of Service (DoS) is the oldest and most prevalent method used to steal sensitive data and send unwanted data to a user's web server or network resources to increase network vulnerability. It's one of the methods. This automatically generated an access request and blocked access to the server and authorized users.

Moreover, hackers are currently shifting toward the use of DDoS techniques, which are the improved versions of DoS. They initiate a coordinated attack from multiple systems using DDoS techniques, which have a more powerful impact than DoS. The need to protect networks from advanced cyber threats has influenced companies around the world to adopt multiple security solutions, such as transaction monitoring solutions, messaging security, web security, e-mail security, data loss prevention, endpoint security, and network security. Thus, companies in the market are trying to introduce solutions to tackle advanced threats, such as DDoS. This is expected to drive the growth of the market during the forecast period.

Major Market Challenge

The high costs of deploying enterprises are a major challenge to the growth of the global development, security, and operations (DevSecOps) market. Businesses and organizations face investment-related challenges due to the high costs associated with meeting data security requirements. The main criteria for deploying and developing data security solutions are cost-effectiveness, compatibility, reliability, support for new technologies, security, and minimal impact on network infrastructure. However, challenges associated with deploying advanced data security solutions include the high cost and complexity of data security systems, data breaches, underutilized servers, resource-related challenges, and managing portability. These factors increase the costs that businesses bear in managing their IT infrastructure.

Moreover, addressing their data security needs results in huge costs to businesses, as it is a continuous process. While hackers only require one tiny vulnerability to exploit any business, businesses need to manage and secure all possible devices, such as PCs, mobiles, and VPNs. With the changing landscape of threats and cybercrimes, the costs incurred on data security services and solutions are increasing proportionately. The number of vulnerabilities keeps increasing with every passing year due to the implementation of new products and services by companies. In several cases, such vulnerabilities are not even known to administrators, and thus, they require continuous monitoring for both successful and failed attempts at hacking. Such processes increase the costs incurred by businesses to implement and maintain their DevSecOps, which acts as a barrier to the growth of the market during the forecast period.

Key Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Market Customer Landscape

Who are the Major Market Players?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Aqua Security Software Ltd. - The company offers DevSecOps, such as the Aqua platform. Also, through this segment, the company offers a cloud-native application protection platform.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

• Alphabet Inc.
• Broadcom Inc.
• Check Point Software Technologies Ltd.
• Cloudflare Inc.
• Contrast Security Inc.
• Copado Inc.
• CyberArk Software Ltd.
• Entersoft Australia Pty Ltd.
• Fastly Inc.
• International Business Machines Corp.
• Microsoft Corp.
• Okta Inc.
• Palo Alto Networks Inc.
• Progress Software Corp.
• Qualys Inc.

Qualitative and quantitative market research report analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. In market research and growth, data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Market?

In the market, the focus is on catering to the diverse needs of various verticals through efficient production processes tailored for both Small and Medium-sized Enterprises (SMEs) and large enterprises. The paramount importance of application delivery is matched by stringent measures for security and compliance, ensuring every component of solutions meets industry standards. Deployment type and organization size play pivotal roles in determining the cloud segment that best suits businesses, while robust codes and scalability guarantee optimal performance and fortified IT security. The emphasis on Operational Expenditure (OPEX) and process standardization drives streamlined automation processes within a secure environment, meeting users' needs for agility and efficiency.

The market share growth by the software segment will be significant during the forecast period. In this segment software plays a crucial role in every aspect of a business, going beyond simply aiding the end-users. Software supplied as an online service or application and across a variety of devices allows businesses to communicate with their customers. Additionally, businesses employ software to transform every step of the value chain, including logistics, communications, and operations, to improve their operational efficiencies. Such advantages that lead to a surge in demand for software are driving the software segment of the global market during the forecast period.

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The software segment was valued at USD 740.80 million in 2018 and continue to grow by 2022. In the software segment, the methodology called DevOps aims at enhancing productivity across the whole software development lifecycle. DevSecOps (development, security, and operations) allows software development and IT teams to automate the integration of security at every phase of the software development lifecycle, right from the initial design stage through integration, testing, deployment, and software delivery. Software development (DevOps) and IT operations are combined in a set of procedures that seek to speed up the systems development lifecycle and offer continuous software delivery of the highest calibre. Such factors will increase the market growth during the forecast period.

Which are the Key Regions for the Market?

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North America is estimated to contribute 32% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. North America was the largest region of the market in focus in 2022, and it is expected to remain the largest regional market during the forecast period. As a pioneer in the adoption of advanced technologies across industry verticals, such as transportation, telecommunication, and retail, North America is an attractive market for DevSecOps solutions. The expanding IT sector in the region needs high-level security owing to the COVID-19 pandemic, which propelled the growth of the market in the region in 2020 as well as 2021. The industrial sector in the region is highly developed and technologically mature. The development of the sector is expected to lead to the adoption of technology at a faster rate. The prevalence and penetration of major companies also supplemented market growth in the region in 2021.

Segment Overview

The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Million" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.

• Component Outlook
  • Software
  • Service

• Deployment Outlook 
  • On-premise
  • Cloud

• Region Outlook 
  • North America
    • The U.S.
    • Canada
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • India
  • South America
    • Chile
    • Argentina
    • Brazil
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa

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Market Analyst Overview

Fortifying IT Infrastructure and Applications in IT, Telecommunication, Banking, Insurance, and Beyond DevSecOps, the intersection of Development, Security, and Operations, is gaining significant traction in today's digital landscape. With the increasing adoption of the Internet of Things (IoT), 5G, Artificial Intelligence (AI), and Machine Learning (ML) in various sectors like IT, telecommunication, banking, insurance, and more, the need for robust security solutions has become imperative. Small, Medium Enterprises (SMEs) and Large Enterprises alike are investing in DevSecOps to streamline their IT modernization efforts, enhance team collaboration, and automate software development.

Moreover, cloud Computing deployment and microservices are driving the market growth, enabling faster and more secure application delivery. The market is witnessing a surge due to the rising concerns of cybercrimes, data breaches, and security breaches. The market landscape depends on the  Data volumes, Cyber security, DevSecOps framework, defects, Solution segment, Remote working, Cloud deployment model, tablets, social media, telecommunication segment, Product quality, Customer experience, Delivery time, Release timelines, Healthcare. Cyberattacks have become a major threat, especially during lockdowns when the reliance on cloud services has increased. Telecommunications, retail, consumer goods, and other industries are also investing in DevSecOps to fortify their cybersecurity frameworks. Key players in the market include Capado, NewContext, CA Technologies, PaloAltoNetworks, Riverbed Technology, Synopsys, and others. They offer solutions for service virtualization, compliance, and enterprise security to help organizations mitigate risks and ensure secure IT infrastructure and applications.

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What are the Key Data Covered in this Market Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the market between 2023 and 2028
• Precise estimation of the size of the market size and its contribution to the parent market
• Accurate predictions about upcoming market trends and changes in consumer behavior
• Growth of the market industry across North America, APAC, Europe, South America, and Middle East and Africa
• Thorough market growth and forecasting analysis of the market’s competitive landscape and detailed information about companies
• Comprehensive market forecast analysis of factors that will challenge the growth of market companies

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