TECH SUPPLIER Jul 2021 - Market Forecast - Doc # US48052421
Worldwide DevSecOps Software Tools Forecast, 2021–2025
This IDC study provides an updated market forecast for 2021–2025 based on June 2021 conditions as described in IDC's Black Book Live Edition: June 2021. It also reflects updates made to the IDC Software Tracker in spring 2021.
"The use of software tools that support the adoption of DevSecOps practices are a hot commodity today, and we are seeing considerable interest in the market today," said Jim Mercer, research director, DevOps and DevSecOps, IDC. "With 24% growth in spending on DevSecOps software tools in 2020, there was effectively no pandemic downturn, and looking forward, we project the DevSecOps competitive market to grow from $2.6 billion in spending in 2020 to $7.5 billion in 2025. We anticipate that this competitive market to be an active segment through our forecast period."
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