Valued to be $17 Billion by 2026, DevSecOps Slated for Robust Growth Worldwide
SAN FRANCISCO, Aug. 24, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "DevSecOps - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
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Global DevSecOps Market to Reach $17 Billion by the Year 2026
Amid the COVID-19 crisis, the global market for DevSecOps estimated at US$2.9 Billion in the year 2020, is projected to reach a revised size of US$17 Billion by 2026, growing at a CAGR of 33.1% over the analysis period. Services, one of the segments analyzed in the report, is projected to grow at a 34.4% CAGR to reach US$13.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Solutions segment is readjusted to a revised 31.3% CAGR for the next 7-year period. This segment currently accounts for a 42.6% share of the global DevSecOps market.
The U.S. Market is Estimated at $1.4 Billion in 2021, While China is Forecast to Reach $2.8 Billion by 2026
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SOURCE Global Industry Analysts, Inc.
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