The global DevOps market is anticipated to grow from USD 7.20 billion in 2021 to USD 8.95 billion in 2022 at a compound annual growth rate (CAGR) of 24.24%, according to the “DevOps Global Market Report 2022” report by ResearchAndMarkets.com.
At a CAGR of 23.82%, the DevOps market is anticipated to reach USD 20.53 billion in 2026. In both small and large businesses, they can be installed locally or in the cloud. Industry verticals like banking, manufacturing, healthcare, information technology (IT) & telecom, and others use these products or services.
In 2021, the DevOps market’s largest region was North America. During the forecast period, Asia Pacific is anticipated to experience the fastest growth.