February 23, 2024
DevOps Automation Tools Market

Projected Rise In Cloud Adoption To Boost Growth Of The Global Devops Automation Tools Market

DevOps automation tools help streamline software development process by automating repetitive tasks related to infrastructure provisioning, configuration management, application deployment, version control, code quality and testing. These tools enable organization to deploy code changes more frequently and reliably which in turn help improve customer experience. DevOps automation tools integrate development and operations teams to shorten development life cycles and delivery release more rapidly. Some common DevOps automation tools includes configuration management tools, build automation tools, deployment automation tools, and application performance management tools.

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 23.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
One of the key trends fueling growth of DevOps automation tools market size is rising adoption of cloud based solutions across industries. Cloud adoption is helping organization scale their operations, reduce IT costs and improve productivity. As more and more workloads shift to cloud, there is increasing need for continuous integration and delivery of applications. DevOps tools help automate processes involved in delivery of cloud based applications and services. Growing popularity of microservices architecture is also driving demand for DevOps tools. As microservices break down applications into independent components, there is need for tools to manage complex deployment and integration processes. Adoption of DevOps practices help implement microservices at scale. Other trends include growing focus on monitoring and observability tools and increasing demand for open source configuration management tools.

Porter’s Analysis

Threat of new entrants: Low-to-medium level barriers to entry such as patents and certifications limit new players. However, the market is growing rapidly attracting new startups.

Bargaining power of buyers: Buyers have moderate bargaining power due to availability of multiple options and price sensitivity. However switching costs and vendor lock-in increases buyers dependence.

Bargaining power of suppliers: Suppliers have low bargaining power due to availability of substitute components and focus on retaining long term customers. However some niche components enhance suppliers power.

Threat of new substitutes: Threat is medium as alternatives like build automation and configuration management tools are substitutable. However, DevOps specialization and vendor lock-in limits impact.

Competitive rivalry: Intense competition due to rapid growth and low differentiation. Market fragmentation and price wars increases rivalry. Standardization limits competitive advantage.

Key Takeaways

The global DevOps Automation Tools Market is expected to witness high growth, exhibiting CAGR of 23% over the forecast period, due to increasing need to streamline development workflows and automate deployment processes.

North America dominated the market in 2023 accounting for over 35% share owing to strong technology adoption and presence of key players in the region. Asia Pacific is expected to witness fastest growth during the forecast period driven by growing IT spending, developing tech landscape in countries like India and China.

Key players operating in the DevOps Automation Tools market are Ansible, Puppet, Chef, SaltStack, Docker, Jenkins, Bamboo, Microsoft Team Foundation Server, Octopus Deploy, CA Release Automation, XebiaLabs, Electric Cloud, Red Hat, GitLab, AWS CodeDeploy, CircleCI, Codeship, Spinnaker, Harness, Alibaba Cloud. Players are focusing on product enhancements, strategic partnerships and acquisitions for sustained growth in the competitive market.

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