April 22, 2024
DevOps Automation Tools
Ict

DevOps Automation Tools Market is Estimated to Witness High Growth Owing to Rising Need for Frequency of Software Delivery

The DevOps automation tools market has seen significant growth in recent years. DevOps automation tools help streamline software development, testing, and deployment by automating repetitive tasks and accelerating workflows. Key tools include configuration management tools, application performance management tools, and integration and deployment tools. The rising need amongst organizations to reduce costs, improve productivity, and increase frequency of software delivery by building and releasing software faster has been a major factor driving adoption of DevOps automation tools.

The Global DevOps automation tools market is estimated to be valued at US$ 6.68 Bn in 2024 and is expected to exhibit a CAGR of 8.5% over the forecast period 2024 to 2030.

Key Takeaways

Key players operating in The Devops Automation Tools Market are Bayer Material Science, Lyondell Basell, Dow Chemicals Company, Polyplastics Group, Sibur, China XD Plastics Company Ltd., and Saudi Basic Industries Corporation (SABIC). The presence of major DevOps solution providers presents lucrative growth opportunities, especially in developing economies with growing IT infrastructure.

The increasing demand from enterprises to accelerate application delivery cycles and reduce downtime is a major opportunity boosting the adoption of DevOps automation tools. Various tools offer capabilities like continuous integration, deployment, monitoring and infrastructure management which help organizations scale seamlessly.

The growing global cloud adoption is driving several organizations to embrace DevOps practices and tools to build cloud-native apps. Key players are focusing on expanding their cloud offerings and capabilities which is expected to support the global expansion of the DevOps automation tools market during the forecast period.

Market drivers
The main driver for the DevOps automation tools market growth is the rising need for frequency of software delivery. DevOps tools help streamline software development processes to build and release software faster. This allows organizations to continually experiment with new features, fix bugs quickly and improve products at a much faster pace. The ability of DevOps tools to reduce costs, improve productivity and enhance software delivery cycles has fueled their adoption in recent years.

PEST Analysis:

Political: The DevOps Automation Tools Market growth may find tailwinds in regions where digitization initiatives and outsourcing in IT and software development is encouraged through favorable policies and regulations.

Economic: Strong economic growth leading to increased IT budgets of organizations may propel spending on DevOps Automation Tools to accelerate software release cycles and improve developer productivity.

Social: Younger workforce adoption of collaboration software and demand for24x7 software delivery may drive demand for DevOps practices and associated tools from the DevOps Automation Tools Market.

Technological: Continuous emphasis on improving code quality, security, and deploying features faster has prompted organizations to invest in tools that facilitate DevOps practices involving continuous integration, delivery, deployment. Advancements in AI and containerization support further aid automation.

In terms of value, the DevOps Automation Tools Market witnesses substantial demand originating from North America. The high technology intensity of organizations as well as the presence of global IT leaders and early adopters of digital transformation initiatives contribute to significant consumption of automation tools here. Asia Pacific is poised to be the fastest growing regional DevOps Automation Tools Market propelled by burgeoning software development activities in countries such as India, China, and investments in digital roadmaps across industries in emerging economies.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it