Dublin, Dec. 13, 2024 (GLOBE NEWSWIRE) -- The "North America Cloud-Based DevOps Tools Market Size, Share & Trends Analysis by Enterprise Size, Product Type, Application, and by Country, 2024-2031" report has been added to ResearchAndMarkets.com's offering.
The North America Cloud-Based DevOps Tools Market is expected to witness market growth of 18.7% CAGR during the forecast period (2024-2031).
The US market dominated the North America Cloud-Based DevOps Tools Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $4.35 billion by 2031. The Canadian market is experiencing a CAGR of 21.1% during 2024-2031. Additionally, the Mexican market is expected to exhibit a CAGR of 20.2% during 2024-2031.
The cloud-based DevOps tools market has grown significantly in recent years due to the quick transition to digital technologies, the uptake of cloud infrastructure, and the growing complexity of software development and deployment. The need to provide high-quality software quickly has increased as businesses in all sectors fight to stay competitive.
Additionally, this demand has led to the adoption of DevOps, a methodology combining development (Dev) and operations (Ops) to streamline the entire software delivery pipeline. DevOps promotes collaboration between teams, continuous integration and delivery (CI/CD), and automation, leading to faster release cycles, improved reliability, and greater agility.
As businesses increasingly transition to digital platforms, the demand for secure, scalable, cloud-based DevOps tools surges across regions. In North America, government regulations mandating robust data management and security practices have accelerated the adoption of cloud-based DevOps tools.
In the United States, heightened cybersecurity concerns have significantly driven this trend as businesses face mounting risks from cyberattacks, including ransomware and data breaches. With cybercrime incidents reported to the FBI's Internet Crime Complaint Center (IC3) reaching over 880,418 in 2023, with losses totaling around 12.5 billion USD, U.S. companies are under pressure to adopt cloud-based DevOps tools.
List of Key Companies Profiled in the North American Cloud-Based DevOps Tools Market
- Amazon.com, Inc.
- IBM Corporation
- Microsoft Corporation
- Hewlett Packard Enterprise Company
- Google LLC (Alphabet Inc.)
- Broadcom, Inc.
- Dell Technologies, Inc.
- Oracle Corporation
- Atlassian Corporation PLC
- Micro Focus International PLC (Open Text Corporation)
Market Segmentation
By Enterprise Size
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
By Product Type
- Public Cloud
- Private Cloud
- Hybrid Cloud
By Application
- IT & Telecom
- BFSI
- Retail & E-commerce
- Healthcare
- Government
- Manufacturing
- Other Applications
By Country
- US
- Canada
- Mexico
- Rest of North America
For more information about this report visit https://www.researchandmarkets.com/r/ed75d4
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