The DevOps Industry is expected to continue growing with the rise in digital businesses and the spread of digitalization among various industries.
Indeed, the global market has witnessed significant growth with the development of software processes and toolsets while DevOps practices have transformed the way organizations develop their applications and digital services. Due to that, many applications will require upgrades and new features.
A study by Allied Market Research revealed that the global DevOps Industry size was valued at $2,885 million in 2016, and should reach $9,407 million by 2023. It should then rise to its highest growth rate from 2017 to 2023, with the increased demand for cloud computing services and the management of applications.
Moreover, DevOps is adopted more widely in large enterprises rather than SMEs, as they possess more investments and require reduced development cycles. This should then propel the adoption of DevOps among large enterprises as well as support the growth of the market in the next few years.