The DevOps automation tools market facilitates continuous integration and delivery of software applications along with automated deployment. Integrating tools for infrastructure provisioning, configuration management, testing and deployment help software teams in saving development time and focus more on innovation. DevOps tools improve productivity, minimize errors and reduce the overall time taken to release features and updates to customers.
The Global DevOps Automation Tools Market is estimated to be valued at US$ 6.68 Mn in 2024 and is expected to exhibit a CAGR of 8.5% over the forecast period 2024 To 2031.
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 growing demand for automation in IT operations and development processes is fueling the adoption of DevOps practices. Rapid digital transformation across industries is also driving many organizations to embrace DevOps for faster software development cycles. Several DevOps automation tools providers are expanding their presence globally to tap the growing demand from companies implementing continuous delivery models.
Market Key Trends
Continuous delivery and deployment are key trends gaining traction in the Devops Automation Tools Market Demand. Continuous delivery facilitates flexible code release processes through automation thus minimizing delays between code completion and deployment. DevOps tools with built-in capabilities for continuous delivery and deployment help software teams seamlessly move code changes from testing to pre-production and finally to production environments with minimal manual efforts or errors. This allows quicker response to changing business requirements. The focus on autonomous application release is another emerging trend with tools integrating capabilities like automated rollback in case of failures during production deployment.
Porter’s Analysis
Threat of new entrants: Low as the market already have major established players and high initial investments are required.
Bargaining power of buyers: High as there are many options available and buyers can negotiate on price.
Bargaining power of suppliers: Moderate as there are alternatives available and switching costs are low.
Threat of new substitutes: Low as there is no direct substitute for DevOps automation tools available.
Competitive rivalry: High as major players are competing on parameters like product features, pricing and quality.
Geographically, North America region holds the major share in DevOps automation tools market in terms of value owing to advancements in technologies and presence of global players. Asia Pacific region is expected to witness fastest growth over forecast period attributable to growth in IT sector of developing countries like India and China.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it