by DevOps automation tools provide infrastructure support and code deployment management across the DevOps pipeline. They help streamline the development to production workflow by automating repetitive tasks, provisioning infrastructure, and enabling continuous delivery of code. DevOps automation reduces the time taken to release and deliver new features and applications to end users. Popular DevOps tools include configuration management tools, build automation tools, deployment automation tools, and continuous integration and continuous delivery (CI/CD) tools. The demand for such tools is rising as organizations increasingly adopt DevOps processes to enhance software development cycles and improve product quality.
The global DevOps Automation Tools Market is estimated to be valued at US$ 5.79 Bn in 2023 and is expected to exhibit a CAGR of 8.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Use of Cloud-Based DevOps Tools
Cloud-based DevOps tools offer various advantages like scalability, flexibility, and easier collaboration between teams across geographies. Cloud tools have simplified DevOps adoption for small and medium enterprises by eliminating the costs associated with hardware procurement and maintenance of on-premise tools. Leading cloud platforms like AWS, Azure, and Google Cloud offer a wide range of DevOps services like automated infrastructure provisioning, continuous integration/delivery, monitoring etc. This has increased the popularity of cloud-based DevOps tools over on-premise tools.
Porter’s Analysis
Threat of new entrants: Low – The DevOps automation tools market is highly competitive with many established players. New entrants would require significant investments to compete with existing players.
Bargaining power of buyers: High – Buyers have high bargaining power due to availability of alternative tools in the market. Buyers can switch between vendors if they find better prices and services from other vendors.
Bargaining power of suppliers: Low – The DevOps automation tools market has several suppliers with differentiated products. Switching costs for suppliers are low as tools require generic components.
Threat of new substitutes: Low – There are no close substitutes for DevOps automation tools. However, alternative modes of continuous delivery like containers can pose a threat.
Competitive rivalry: High – The market is dominated by global players. Competition is based on product features, pricing strategy, and customer support.
Key Takeaways
The Global Devops Automation Tools Market Size is expected to witness high growth over the forecast period of 2023 to 2030. The market size will grow from US$ 5.79 Bn in 2024 to over US$ 11 Bn by 2030, registering a CAGR of around 8.5%.
Regional analysis: North America dominates the global DevOps automation tools market currently, followed by Europe. The high adoption of DevOps practices by organizations across industries drives the North American market. The Asia Pacific region is expected to witness the fastest growth over the forecast period supported by increasing IT spending and adoption of advanced technologies in major economies like China and India.
Key players: 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). Bayer Material Science and Lyondell Basell dominate the global market with their comprehensive product portfolios and global presence.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
