DevSecOps Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2020 - 2025

 Overview

DevSecOps Market is forecast to reach $6.5 billion by 2025, after growing at a CAGR of 28.85% during 2020-2025. With the rise in the security breaches and there has been a significant growth in the higher secure continuous application delivery. Therefore the increasing focus on security and compliance are analyzed to impact on the growth of the DevSecOps market as it provides cyber protection, cloud security, application security and so on.

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Report Coverage

The report: “DevSecOps Market – Forecast (2019-2024)”, by IndustryARC, covers an in-depth analysis of the following segments of the DevSecOps Market.

Key Takeaways

·  Asia-Pacific is analyzed to grow at highest rate owing to the increasing growth in the small and medium scale enterprises.

·  The increasing need for highly secure continuous application delivery and the improved focus on security and compliance is likely to aid in the market growth of DevSecOps.

·  The high adoption rate in the large scale enterprises with the increasing awareness of the security threats is analyzed to impact on the growth of the DevSecOps market during the forecast period.

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Organization Size - Segment Analysis

Large scale enterprises hold the highest market share over the small and medium scale enterprises due to the high capital investment. As stated by Norton, the total number of data breaches have reached 4 billion records during the first six months of 2019. Therefore the increasing security breaches have significantly impacted on the increasing adoption in the large scale enterprises to ensure maximum security in the enterprise despite high capital investment and requirement of highly skilled employees. 

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Vertical - Segment Analysis

BFSI sector is analyzed to hold the highest market share during 2019. The significant rise in the data breaches in the financial sectors are contributing to the highest market share. In the first six months of 2019 alone there has been 106 million number of records breached, the highest among all other sectors. As stated by Norton, in 2019, Capital One has suffered from $100 to $150million thereby creating a dire need for updating the technology to fix the vulnerabilities. Therefore there is dire need for employment of the DevSecOps solutions to ensure the cyber security in the enterprises which is in turn impacting on the growth of the DevSecOps market growth rate during the forecast period 2020-2025.

Geography - Segment Analysis

APAC dominated the DevSecOps market, followed by North America and Europe. The economy of APAC is mainly influenced by the economic dynamics of countries such as China and India, and the high presence of the large scale enterprises. The significant growth in the small and medium scale enterprises alongside the increasing awareness about the security breaches and the loses caused to the industry. Moreover the increasing cyberattacks in this region including data breach in Toyota, Japan in March 2019, and Singapore healthcare data breach in January 2019 and many other security breaches are analysed impact on the increasing adoption rate of the DevSecOps solutions for the cyber security in APAC region.


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