Global DevSecOps Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global DevSecOps Market 2021 (Includes Business Impact of COVID-19)
Global DevSecOps Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global DevSecOps market report has been segmented on the basis of deployment type, organization size, industry vertical, and region.
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The global DevSecOps market size was valued at USD$ 2.10 billion in 2020 and is projected to reach USD $30.44 billion by 2030, and is anticipated to expand at a CAGR of 20.65% over the forecast period from 2020 to 2030.


Global DevSecOps Market: Overview


DevOps is a set of software development practices that automates processes between software development and information technology operations. This automation shortens the systems development life cycle while deploying updates, features, and patches/fixes frequently. Whereas the DevSecOps is integration of security practices within the DevOps. DevSecOps responsd to the bottleneck effect of traditional security models on recent delivery pipeline. This is achieved by bridging gap between legacy IT systems and security. This bridge ensures fast and safe delivery of code throughout the software infrastructure. In addition, DevSecOps, fulfills two opposing goals ˜speed of delivery and ˜secure code that are merged into one streamlined of operations/process.


Global DevSecOps Market: Dynamics


Growing demand for DevSecOps which provides highly secure application delivery processes by small and medium scale enterprises across the globe is a key factor expected to drive growth of the market owing to its ability to provide high speed and agility in development of delivery cycle of a software.

Growing focus on security and compliance of a software application development environment by various IT organizations is another factor expected to support growth of the target market.

Increasing awareness regarding the benefits of DevSecOps primarily the automation process among multiple enterprises is a factor expected to fuel growth of the potential market in the near future. This automation reduces the manual configuration security consoles work of security framework architecture.

In addition, resistance and reluctance to adopt emerging tools and technologies before proofing methods is a challenging factor that would restraint growth of the potential market in the coming few years.


Global DevSecOps Market: Segment Analysis


The segment deployment type is further classified into cloud and on-premises. The cloud segment is projected to register highest CAGR due to its ability to enhance the organizations infrastructure by offering scalability and improved business performance. Moreover, the on-premises segment is expected to register significant growth in terms of revenue as it eliminates third-party involvement and has direct access to traditional business-critical data.

Among the industry vertical segments, the banking, financial services, and insurance (BFSI) segment currently accounts for significant revenue share due to the fact that these solutions provide reliable deployment and enhanced security of overall applications.


Global DevSecOps Market: Regional Analysis


The market in North America is expected to dominate in terms of revenue in the global market. Thus is primarily attributed to robust IT infrastructure and increasing adoption of these solutions across various medium and large enterprises in countries in the region.

Whereas the market in Asia Pacific is projected to register highest CAGR in the global market. The Asia Pacific DevSecOps market is primarily attributed to increasing advancements and adoption of emerging technologies such as cloud computing, Internet of Things (IoT) and many others across various industry vertical in this region.

Global DevSecOps Market Segmentation:

Segmentation by Deployment Type:

  
Cloud
  
On-Premises

Segmentation by Organization Size:

  
Large Enterprises
  
Small and Medium-Sized Enterprises (SMEs)

Segmentation by Industry Vertical:

  
Telecommunications and IT
  
Government and Public Sector
  
Energy and Utilities
  
Media and Entertainment
  
Retail and Consumer Goods
  
Healthcare and Life Sciences
  
Banking, Financial Services, and Insurance (BFSI)
  
Others (Manufacturing, Transportation and Logistics, Government and Defense, and Education)


Key Market Players included in the report:


  


  
4ARMED LIMITED
  
AlgoSec.
  
Aqua Security Software Ltd.
  
Array Networks (US)
  
Avi Networks (US)
  
Broadcom
  
CA Technologies (US)
  
Check Point Software Technologies (Dome9)
  
Checkmarx Ltd.
  
Chef Software




  
Cloudflare Inc. (US)
  
CLOUDPASSAGE AND HALO
  
Continuum Security
  
Contrast Security
  
CyberArk Software Ltd.
  
Dialogic (US)
  
DOME9 SECURITY INC.
  
Entersoft
  
Fastly (US)
  
Google (US)
  
IBM Corporation
  
Inlab Software (Germany)
  
Joyent (US)
  
Micro Focus International Plc
  
Microsoft Corporation
  
Palo Alto Networks Inc.
  
Puppet
  
Qualys Inc.
  
Riverbed Technologies (US)
  
Rogue Wave Software Inc.
  
Splunk Inc.
  
Sumo Logic
  
Synopsys (US)
  
WhiteHat Security
  
Zevenet (Spain)


Below are the key development related to DevSecOps Market in 2020 and 2021.


June 2021: JFrog to Acquire Vdoo to Deliver End-to-End Continuous Security from Development to Device Acquisition to deliver new software security capabilities across universal types of software releases in a unified DevOps platform. JFrog Ltd. (“JFrog”) (NASDAQ: FROG), the liquid software company, announced that it has entered into a definitive agreement to acquire Vdoo Connected Trust Ltd. (“Vdoo”) in a cash and stock-based deal valued at approximately $300 million. JFrog has accelerated its efforts to provide an industry-leading security offering to support DevOps users as they respond to the disruption in the market for continuous software delivery. As part of the JFrog Platform, Vdoo will accelerate JFrog’s vision of becoming the company behind all software updates and creating a world of Liquid Software by expanding its end-to-end DevOps Platform offering, providing holistic security from the development environment all the way to edges, IoT and devices. Vdoo’s world-class security experts and vulnerability researchers will join the JFrog team to continue to develop advanced security solutions for developers and security engineers. With years of extensive experience in software architecture and vulnerability research, reverse engineering, and binary code analysis, Vdoo’s team and JFrog will seek to deliver a complete DevSecOps solution to secure the full software packages lifecycle. Source

June 2021: Coalfire Acquires Denim Group To Transform DevSecOps Programs. Coalfire announced the acquisition of Denim Group, a recognized leader in application security, to advance Coalfires commitment to bring simplicity and scale to AppSec risk programs through automation. With the acquisition, Coalfire will transform modern application development in a way that optimizes scarce DevSecOps resources and accelerates time to market. Terms of the deal were not disclosed. Denim Group, a privately held company headquartered in San Antonio, Texas, offers advanced application security solutions leveraging its market-leading application security orchestration and correlation platform (ASOC) platform, ThreadFix, with consulting services. Source

March 2021: Copado acquires New Context to embrace multicloud DevSecOps. Salesforce-focused developer operations (DevOps) platform Copado has acquired developer security operations (DevSecOps) startup New Context. Terms of the deal were not disclosed.Founded out of Spain in 2013, Copado promises businesses an integrated Salesforce-native platform that covers every part of the DevOps process, spanning agile planning, continuous delivery, automated testing, and compliance. Bringing New Context under its wing adds further compliance and security automation tools to Copado’s platform while helping it expand further beyond the Salesforce cloud. Source

January 2021: StackRox Acquisition By Red Hat Underscores The Significance Of DevSecOps. Last week, Red Hat announced that it’s acquiring StackRox, a California-based Kubernetes security company founded in 2014. This is one of the most strategic acquisitions for Red Hat, which is squarely focused on increasing the enterprise infrastructure market share. StackRox complements Red Hat’s current portfolio by bringing critical security capabilities missing from its infrastructure and platform offerings. Source

September 2020: Snyk Acquires DeepCode to Apply AI to DevSecOps. DeepCode has developed an interpretable machine learning semantic code analysis tool that scans code anywhere from 10 to 50 times faster than existing approaches. DeepCode currently supports Java, JavaScript, Python, TypeScript and C/C++ programming languages. Developers get started by connecting the DeepCode bot to their GitHub, BitBucket or GitLab accounts or directly within their integrated development environment (IDE). DeepCode then immediately starts reviewing each commit with no additional coding required. The bot is currently free for teams of up to 30 developers. Source

June 2020: GitLab acquires DevSecOps startups Peach Tech and Fuzzit. Source