Latin America DevOps market will show a significant growth through 2028. The regional market is anticipated to record a CAGR of 25.6% through the forecast timeframe due to deployment of DevOps to reduce IT expenditure.

The MEA region is pegged to witness double-digit growth fostered by the augmented use of cloud-based technologies for speeding up software delivery. The region is expected to showcase a CAGR of more than 23.1% over the analysis time period.

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The global DevOps market share is set to grow considerably through 2028 due to the rising consumer demand for software development automation technologies. The accelerated adoption of machine learning (ML) and artificial intelligence (AI) has revolutionized DevOps as these technologies enhance operational efficiency and software development.

DevOps is a culmination of approaches, principles and tools which assist in regularizing the process of deploying and developing software applications. AI and ML coupled with DevOps is expected serve as a pillar of digital transformations for many organizations embarking on their respective journeys.

With several global enterprises undertaking their respective digital transformation efforts to build back from the coronavirus pandemic, the demand for DevOps is slated to increase sharply. According to a recent Fujitsu Future Insights survey, over 44% of the respondents have outlined that more than 50% their existing business processes, which were not automated during the pandemic, would be automated by the end of 2025.

Overall, the DevOps market is classified into different segments in terms of component, deployment model, enterprise size, application, and region to more comprehensively outline the industry's projected growth.

With respect to the component segment, the DevOps market is further bifurcated into two segments, namely solutions and services.

The manufacturing segment, fueled by the increasing adoption of CI/CD in IIoT and Industry 4.0, is projected to observe a CAGR of 25.1% through the analysis timeline. The media and entertainment services segment will also record a CAGR of 27.6% over the projected time period. This growth is expected to come from the growing value of DevOps in ensuring continuous delivery of feature upgrades.

The services segment in DevOps market is subdivided into professional services and managed services, both of which are expected to register considerable growth in the forecast period. The professional services segment will record a CAGR of 25.0% through the forecast period owing to increasing adoption of outsourcing testing automation projects among SMEs.

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Meanwhile, the managed services segment in DevOps market is also projected to register noteworthy gains, having held a market share of more than 35.41% in 2021. A majority of the growth is slated to come from the rising adoption of third-party expertise for managing DevOps practices.

Based on application, the DevOps market is classified into BFSI, IT and Telecom, healthcare, retail, government, manufacturing and media and entertainment. Out of these, the retail sector would accrue considerable growth, the segment accounted for a market share of over 11.18% in 2021. The increasing adoption of DevOps for improvising patch management in e-commerce is set to drive the industry outlook.

The government sector reported a market share of 6.73% in 2021 due to the increased deployment of DevOps to limit IT costs in public sector.

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