DevSecOps Global Market Report 2024

The DevSecOps market size has grown exponentially in recent years. It will grow from $5.52 billion in 2023 to $7.07 billion in 2024 at a compound annual growth rate (CAGR) of 28%. The growth observed during the historical period can be attributed to several factors, including the increasing preference for on-premises software solutions among large enterprises, a heightened demand for secure and continuous application delivery, growing recognition of the advantages associated with DevOps and cloud-based solutions, a rise in the frequency of security breaches, and the widespread adoption of IoT, AI, and machine learning technologies within the manufacturing industry.

The DevSecOps market size is expected to see exponential growth in the next few years. It will grow to $19.09 billion in 2028 at a compound annual growth rate (CAGR) of 28.2%. The projected growth in the forecast period can be attributed to several key factors, including the expanding internet penetration, a rise in cybercrimes necessitating heightened security measures, increasing regulatory compliance requirements pertaining to security, the growing prevalence of cloud-based services, and the ongoing digitization efforts across various sectors. Noteworthy trends anticipated during this period comprise continued technological advancements, greater adoption of advanced technologies by small and medium-sized enterprises (SMEs), advancements in cloud computing capabilities, increased investments in cutting-edge IT technologies, and the wider integration of 5G technologies into various systems and processes.

The surge in cybercrime activities is poised to drive the expansion of the DevSecOps market in the foreseeable future. Cybercrime, involving illicit activities exploiting digital technologies, has proliferated with the increasing interconnectedness of devices and systems facilitated by widespread internet usage. DevSecOps emerges as a proactive measure against cyber threats, integrating security practices seamlessly throughout the software development lifecycle. By embedding security into the DevOps process, DevSecOps aims to identify and mitigate vulnerabilities early on. For instance, in September 2023, AAG, a UK-based IT support services provider, disclosed that 39% of UK companies encountered cyberattacks in 2022. Moreover, during the first half of the same year, cybercrime affected 53.35 million individuals in the United States. This surge underscores the pivotal role of DevSecOps in fortifying defenses against cyber threats.

Key players in the DevSecOps sector are leveraging advanced technologies, particularly software automation solutions, to cater to evolving customer needs. Software automation solutions streamline processes, replacing manual tasks with automated workflows, thereby enhancing efficiency and accuracy. For instance, in May 2022, JFrog Ltd., a US-based provider of a comprehensive DevOps platform, introduced JFrog Connect. This innovative platform facilitates efficient management, monitoring, and security of remote Linux and IoT devices, offering comprehensive fleet visibility, monitoring capabilities, and accelerated troubleshooting features. Integrated with other JFrog tools such as Artifactory and Xray, JFrog Connect provides an end-to-end solution for IoT edge deployment capabilities, addressing evolving security challenges in connected environments.

In March 2021, Copado, a US-based DevOps solutions provider, completed the acquisition of New Context for an undisclosed sum. This strategic move enables Copado to leverage its tools and professional services expertise to assist organizations in building and deploying secure, tailored applications atop existing cloud platforms. Additionally, the acquisition enhances Copado's access to various software-as-a-service (SaaS) applications, augmenting its portfolio in the DevSecOps domain. New Context, based in the US, specializes in providing DevSecOps services, aligning with Copado's mission to bolster security measures in software development and deployment processes.

Major companies operating in the devsecops market are Google LLC, Microsoft Corporation, Amazon Web Services Inc., Accenture Plc, International Business Machines Corporation, Broadcom Inc., Palo Alto Networks Inc., Synopsys Inc., Splunk Inc., Atlassian Corporation, Micro Focus International Plc, Check Point Software Technologies Ltd., Progress Software Corporation, CyberArk Software Ltd., Qualys Inc., Qentelli Inc., Synk Ltd., Veracode Inc., Checkmarx Ltd., Veritas Technologies LLC, Autorabit Inc., Rogue Wave Software Inc., Threat Modeler Software Inc., 4Armed Limited, Continuum Security Consultants Inc., Gitlab Inc., Aqua Security Software Ltd.

North America was the largest region in the devsecops market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the devsecops market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the DevSecOps market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

DevSecOps stands as a methodology integrating security practices seamlessly into DevOps processes, with the primary goal of ensuring that security remains a top priority throughout the entire software development lifecycle. It underscores the importance of embedding security measures right from the inception of the development process, rather than treating it as an isolated phase occurring solely at the conclusion of development cycles.

The principal components within DevSecOps revolve around solutions and services. Solutions encompass methods or approaches aimed at addressing specific challenges or fulfilling particular requirements. They are deployable both on-premises and on the cloud, catering to organizations of varying sizes, including small and medium-sized enterprises (SMEs) and large enterprises. These solutions find application across diverse sectors such as banking, financial services, and insurance, information technology and telecommunications, healthcare, retail, government, manufacturing, media and entertainment, among others.

The DevSecOps market research report is one of a series of new reports that provides devsecops market statistics, including DevSecOps industry global market size, regional shares, competitors with a DevSecOps market share, detailed DevSecOps market segments, market trends and opportunities, and any further data you may need to thrive in the DevSecOps industry. This DevSecOps market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The DevSecOps market consists of revenues earned by entities by providing services such as advisory services, security automation, vulnerability assessments and compliance monitoring. The market value includes the value of related goods sold by the service provider or included within the service offering. The DevSecOps market also includes sales of threat detection tools, penetration testing software and continuous delivery tools. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.