DevSecOps market size to grow at a CAGR of 29.53% by 2027, Driven by growing demand for data security and software security services- Technavio

NEW YORK, Feb. 21, 2023 /PRNewswire/ -- According to Technavio, the global DevSecOps market size is estimated to grow by USD 7577.43 million from 2022 to 2027. The market is estimated to grow at a CAGR of 29.53% during the forecast period. The report includes historic data from 2022-2027. The report includes historic market data from 2017 to 2021. In 2017, the market was valued at USD 1,176.40 million. North America will account for 31% of the market growth during the forecast period. Get more Insights on market size before you buy the full version now. Request a sample report

DevSecOps market - Five Forces
The global DevSecOps market is fragmented, and the five forces analysis covers– 

• Bargaining Power of Buyers 
• The threat of New Entrants
• Threat of Rivalry
• Bargaining Power of Suppliers
• Threat of Substitutes
• Interpretation of porter's five models helps to strategize the business. To access the entire details – buy the report!

DevSecOps market – Customer Landscape 

The report includes the market's adoption lifecycle, 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.

Global DevSecOps Market - Segmentation Assessment

Segment Overview
Technavio has segmented the market based on Component (Software and Service), Deployment (On-premises and Cloud), and region (North America, APAC, Europe, South America, and Middle East and Africa). 

• DevSecOps aims to enhance productivity across the entire software development lifecycle by automating the security integration at every phase. In the service industry, the software goes beyond just aiding the end-user to play a very crucial role in every aspect of various industry verticals by transforming every step of the value. This is a key reason driving the demand for the market.
• Cloud-based technology has taken over the operations of various companies in the form of vendor infrastructure and intranet among other things. In-house infrastructure has transformed the way customer details are stored, tracked, and maintained. Companies prefer on-premises DevSecOps for security and privacy reasons as the servers are on the premises and secure from data leakage.

Geography Overview
By geography, the global DevSecOps market is segmented into North America, APAC, Europe, South America, and the Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global DevSecOps market.

• North America will account for 31% of the global DevSecOps market growth during the forecast period. The rising number of data centers in the region is expected to boost the growth of the market in the US. The increase in the adoption of DevSecOps solutions by SMEs and large enterprises is expected to boost the market further.

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Global DevSecOps Market – Market Dynamics
Key factor driving market growth
The increase in incidents of insider fraud, information theft, and sophisticated cyberattacks targeting people, devices, and networks has been a key driving force in the global DevSecOps market.

• One of the major data breaches happened to the State Bank of India in 2022 where cyber-security researchers discovered that the financial information of over nine million cardholders was exposed by hackers.
• Attackers find it easier to extract information from vulnerable users due to the increase in the usage of social media websites on the internet.
• These are the kinds of incidents that lead to the emergence of extensive demand for the DevSecOps market for security and privacy reasons.

Leading trends influencing the market 

• IoT has penetrated the normal lives of end-users as well as businesses through the vast usage of inter-connected devices, which posed a threat of cyberattacks, which in turn boosted the need for effective security software solutions for devices.
• The increase of breaches of IoT devices from 1.51 billion in 2021 to 14.1 billion in 2022 itself stands as a major influencing trend for the rise of the global DevSecOps market, which leads to vendors creating smart solutions for advanced threats like DDoS.

Major challenges hindering the market growth

• The high costs involved in fulfilling the data security requirements lead to businesses and organizations facing investment-related challenges. So, investing in reliable, compatible, and minimally impacting data security solutions is a primary criterion for deploying and developing data security solutions.
• Hackers only require minimal vulnerability to exploit businesses whereas businesses need to manage and secure all devices like VPNs, PCs, and mobiles. The high cost, complexity, underused servers, management, and resource-related issues pose a threat to the deployment of these advanced data security solutions.
• This posed a major barrier to the growth of the global DevSecOps market during the forecast period.

Driver, Trend & Challenges are the factor of market dynamics that states about consequences & sustainability of the businesses, find some insights from a sample report!

What are the key data covered in this DevSecOps Market report?

• CAGR of the market during the forecast period.
• Detailed information on factors that will drive the growth of the DevSecOps Market between 2022 and 2027.
• Precise estimation of the size of the DevSecOps Market and its contribution to the parent market.
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the DevSecOps Market industry across North America, APAC, Europe, South America, and the Middle East and Africa.
• A thorough analysis of the market's competitive landscape and detailed information about vendors.
• Comprehensive analysis of factors that will challenge the growth of DevSecOps Market vendors.

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Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Component
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Deployment
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global DevSecOps market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global DevSecOps market 2017 - 2021 ($ million)

• 4.2 Component Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Component Segment 2017 - 2021 ($ million)

• 4.3 Deployment Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Deployment Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Component

• 6.1 Market segments 
• Exhibit 30: Chart on Component - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Component - Market share 2022-2027 (%)

• 6.2 Comparison by Component 
• Exhibit 32: Chart on Comparison by Component
• Exhibit 33: Data Table on Comparison by Component

• 6.3 Software - Market size and forecast 2022-2027
• Exhibit 34: Chart on Software - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Software - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Software - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Software - Year-over-year growth 2022-2027 (%)

• 6.4 Service - Market size and forecast 2022-2027
• Exhibit 38: Chart on Service - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Service - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Service - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Service - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Component 
• Exhibit 42: Market opportunity by Component ($ million)

7 Market Segmentation by Deployment

• 7.1 Market segments 
• Exhibit 43: Chart on Deployment - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Deployment - Market share 2022-2027 (%)

• 7.2 Comparison by Deployment 
• Exhibit 45: Chart on Comparison by Deployment
• Exhibit 46: Data Table on Comparison by Deployment

• 7.3 On-premise - Market size and forecast 2022-2027
• Exhibit 47: Chart on On-premise - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on On-premise - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on On-premise - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on On-premise - Year-over-year growth 2022-2027 (%)

• 7.4 Cloud - Market size and forecast 2022-2027
• Exhibit 51: Chart on Cloud - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Cloud - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Cloud - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Cloud - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Deployment 
• Exhibit 55: Market opportunity by Deployment ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 57: Chart on Market share by geography 2022-2027 (%)
• Exhibit 58: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 59: Chart on Geographic comparison
• Exhibit 60: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 APAC - Market size and forecast 2022-2027
• Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027
• Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027
• Exhibit 89: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 India - Market size and forecast 2022-2027
• Exhibit 93: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.12 UK - Market size and forecast 2022-2027
• Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 101: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 102: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 103: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 104: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 105: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 106: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 107: Matrix on vendor position and classification

• 12.3 Alphabet Inc. 
• Exhibit 108: Alphabet Inc. - Overview
• Exhibit 109: Alphabet Inc. - Business segments
• Exhibit 110: Alphabet Inc. - Key news
• Exhibit 111: Alphabet Inc. - Key offerings
• Exhibit 112: Alphabet Inc. - Segment focus

• 12.4 Aqua Security Software Ltd. 
• Exhibit 113: Aqua Security Software Ltd. - Overview
• Exhibit 114: Aqua Security Software Ltd. - Product / Service
• Exhibit 115: Aqua Security Software Ltd. - Key offerings

• 12.5 Broadcom Inc. 
• Exhibit 116: Broadcom Inc. - Overview
• Exhibit 117: Broadcom Inc. - Business segments
• Exhibit 118: Broadcom Inc. - Key news
• Exhibit 119: Broadcom Inc. - Key offerings
• Exhibit 120: Broadcom Inc. - Segment focus

• 12.6 Contrast Security Inc. 
• Exhibit 121: Contrast Security Inc. - Overview
• Exhibit 122: Contrast Security Inc. - Product / Service
• Exhibit 123: Contrast Security Inc. - Key offerings

• 12.7 Copado Inc. 
• Exhibit 124: Copado Inc. - Overview
• Exhibit 125: Copado Inc. - Product / Service
• Exhibit 126: Copado Inc. - Key offerings

• 12.8 Fastly Inc. 
• Exhibit 127: Fastly Inc. - Overview
• Exhibit 128: Fastly Inc. - Product / Service
• Exhibit 129: Fastly Inc. - Key offerings

• 12.9 International Business Machines Corp. 
• Exhibit 130: International Business Machines Corp. - Overview
• Exhibit 131: International Business Machines Corp. - Business segments
• Exhibit 132: International Business Machines Corp. - Key offerings
• Exhibit 133: International Business Machines Corp. - Segment focus

• 12.10 Microsoft Corp. 
• Exhibit 134: Microsoft Corp. - Overview
• Exhibit 135: Microsoft Corp. - Business segments
• Exhibit 136: Microsoft Corp. - Key news
• Exhibit 137: Microsoft Corp. - Key offerings
• Exhibit 138: Microsoft Corp. - Segment focus

• 12.11 Okta Inc. 
• Exhibit 139: Okta Inc. - Overview
• Exhibit 140: Okta Inc. - Product / Service
• Exhibit 141: Okta Inc. - Key offerings

• 12.12 Palo Alto Networks Inc. 
• Exhibit 142: Palo Alto Networks Inc. - Overview
• Exhibit 143: Palo Alto Networks Inc. - Product / Service
• Exhibit 144: Palo Alto Networks Inc. - Key news
• Exhibit 145: Palo Alto Networks Inc. - Key offerings

• 12.13 Progress Software Corp. 
• Exhibit 146: Progress Software Corp. - Overview
• Exhibit 147: Progress Software Corp. - Business segments
• Exhibit 148: Progress Software Corp. - Key news
• Exhibit 149: Progress Software Corp. - Key offerings
• Exhibit 150: Progress Software Corp. - Segment focus

• 12.14 Qualys Inc. 
• Exhibit 151: Qualys Inc. - Overview
• Exhibit 152: Qualys Inc. - Product / Service
• Exhibit 153: Qualys Inc. - Key offerings

• 12.15 Riverbed Technology Inc. 
• Exhibit 154: Riverbed Technology Inc. - Overview
• Exhibit 155: Riverbed Technology Inc. - Product / Service
• Exhibit 156: Riverbed Technology Inc. - Key offerings

• 12.16 Synopsys Inc. 
• Exhibit 157: Synopsys Inc. - Overview
• Exhibit 158: Synopsys Inc. - Business segments
• Exhibit 159: Synopsys Inc. - Key offerings
• Exhibit 160: Synopsys Inc. - Segment focus

• 12.17 VMware Inc. 
• Exhibit 161: VMware Inc. - Overview
• Exhibit 162: VMware Inc. - Product / Service
• Exhibit 163: VMware Inc. - Key news
• Exhibit 164: VMware Inc. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 165: Inclusions checklist
• Exhibit 166: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 167: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 168: Research methodology
• Exhibit 169: Validation techniques employed for market sizing
• Exhibit 170: Information sources

• 13.5 List of abbreviations 
• Exhibit 171: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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