Future Opportunities In DevOps Market, Every Entrepreneur Should Know
The role of DevOps in any organization has evolved consistently since the field first became known in 2007 as a combination of software development or ‘Dev’ and information technology operations or Ops combining as DevOps, and has become an important part of businesses. In DevOps, the operations and development engineers work together throughout the service lifecycle, from the stages of design development, production, and support, reducing the overall time required and the risks of errors.
DevOps enable businesses to considerably shorten the development life cycle for systems operations while also delivering required features and updates to meet the business objectives. The adaptation of DevOps within businesses is expanding on a large scale, as businesses are recognizing the benefits of DevOps in performance and overall operational efficiency.
Future Opportunities In DevOps Market
There is an abundance of future opportunities in the DevOps market, which is visible by the DevOps market size, currently estimated to be worth approximately $3.58 billion. The value of the global DevOps is projected to reach a value of $10.31 billion by the year 2023, growing at a massive CAGR of 23.54 percent. The DevOps adoption is measured by deployment speed, mean time of recovery, deployment frequency, production failure rate, and average lead time. Factors influencing the selection of a DevOps model are buyer maturity and the supplier-buyer relation.
Future opportunities in the DevOps market include the following:
- Applications In Small Companies: The costs involved in setting up DevOps teams have restricted to a certain degree the expansion of DevOps into medium and small companies. As the costs reduce with increasing competition and widespread availability of DevOps professionals, smaller companies are expected to make use of DevOps capabilities.
- Customer Experience: The customer experience (CX) is of integral importance to businesses directly dealing with consumers, and a feeble CX can result in a customer leaving to never come back. In such a situation, DevOps can rapidly change the required aspects of the CX and fine tune it based on further customer feedback, without spending extensive time in testing and development.
- DevOps and the Cloud: There is an immense potential of linking DevOps with the Cloud, and while many DevOps services are already linked with the Cloud, the number is expected to multiply considerably over the years. With the scalability and personalization provided by DevOps, linking it with the Cloud is the obvious next step, facilitating speedy delivery of services to meet business needs. Using the Cloud reduces the overall DevOps costs for development, testing, deployment, and operations.
- Automation: The biggest trend in the industry is automation and artificial intelligence (AI), and it is expected to influence the DevOps market as well. There is a massive potential of combining Automation and AI with DevOps, based on the stage of the delivery cycle. Automation can be used in application development, planning, provisioning, security, and standardization.
- DevOps Specialized Professionals: The field of DevOps is still developing and typically consists of professionals from the specific fields of software development and information technology operations. However, in the future, as the popularity and importance of DevOps grows, there will be professionals trained to handle DevOps activities specifically, having knowledge of both software development and information technology operations.
The DevOps market is growing at an exponential pace, with applications reaching into numerous businesses and industries. There are a plethora of future opportunities in the field that every entrepreneur should know about so that regardless of the size of the business, entrepreneurs can make use of the benefits of implementing DevOps.