TECH SUPPLIER Jul 2020 - Market Share - Doc # US45188620
Worldwide DevOps Software Tools Market Shares, 2019: Leaders Drive Double-Digit Growth
This IDC study provides a competitive analysis of vendor market shares for the worldwide DevOps software tools market for calendar year 2019. The study reflects the addition of revenue from several security and collaboration functional markets. For more details regarding this revised market definition, see the Market Definition section and refer to IDC's Worldwide DevOps Software Tools Taxonomy, 2020 (IDC #US46603620, June 2020).
According to Jim Mercer, research director, DevOps at IDC, "The worldwide DevOps software tools market saw strong double-digit growth in 2019, with worldwide revenue totaling $8.5 billion. The market was impacted by a number of mergers and acquisitions. IDC believes enterprise DevOps teams are maturing and looking to reduce complexity by adopting more standardized tool chains and workflows. The impact of this trend is likely to add pressure on the market in 2020 as vendors and enterprise customers deal with the worldwide economic slowdown."
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