TECH SUPPLIER Jul 2021 - Market Share - Doc # US48050921
Worldwide DevOps Software Tools Market Shares, 2020: Growth Fueled by Accelerated Digital Transformation
This IDC study provides a competitive analysis of vendor market shares for the worldwide DevOps software tools market for the calendar year 2020. The study reflects the addition of revenue from security and service management functional markets. For more details regarding this revised market definition, see the Market Definition section and refer to IDC's Worldwide DevOps and DevSecOps Software Tools Taxonomy, 2021: Update (IDC #US48033621, July 2021).
According to Jim Mercer, research director, DevOps and DevSecOps at IDC, "The worldwide DevOps software tools market saw strong double-digit growth in 2020, with worldwide revenue totaling $11.9 billion. The 2020 market was impacted by numerous mergers and acquisitions as well as increasing demand driven by accelerated digital transformation. IDC believes enterprise DevOps teams are maturing and looking to reduce complexity by adopting more streamlined toolchains and workflows. As such, we expect to see continued growth in the market with new innovative entries as well as more acquisitions and mergers in 2021."
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