The Latin America, Middle East and Africa DevSecOps Market would witness market growth of 26.3% CAGR during the forecast period (2021-2027).
DevSecOps technology has become a popular concept among the enterprises due to the advantages provided by the technology like timely identification of vulnerabilities in code, higher speed & agility for security departments, enhanced cloud service implementation with strong security protocols, improved collaboration & communication between the departments, and among others. In addition, the growing adoption of DevSecOps is resulting in some crucial developments within the DevSecOps market. Moreover, the usage of advanced technologies like machine learning (ML) and artificial intelligence (AI) has strengthened the DevSecOps technology, hence further bolstering the growth of the market. AI and ML technologies are the integral part of several automated processes, which are utilized in DevSecOps. These improvements help in creating lucrative opportunities for the key market players, which further boosts market growth.
The increasing demand for security solutions by the companies in this region is fueling the demand for the regional market. In addition, growing awareness among the enterprises regarding the benefits of DevSecOps like early detection of threats, better coordination among the teams, improved security systems, and others are motivating companies to adopt DevSecOps solutions, which would contribute to the surging growth of the regional market.
Furthermore, the constantly up-grading IT infrastructure of the region along with the increasing presence of the regional market players would accelerate the growth of the regional market. The increasing investment of the companies in R&D and on various technology trends of the region is estimated to bolster the demand for the DevSecOps solutions in this region.
The Brazil market dominated the LAMEA Manufacturing DevSecOps Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $38.5 million by 2027. The Argentina market would witness a CAGR of 28% during (2021 - 2027). Additionally, The UAE market is expected to witness a CAGR of 26.9% during (2021 - 2027).
Based on Component, the market is segmented into Software and Services. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on End User, the market is segmented into Telecom & IT, Retail & Consumer Goods, BFSI, Government, Manufacturing, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global DevSecOps Market is Predict to reach $11.3 Billion by 2027, at a CAGR of 22.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include CA Technologies (Broadcom Inc), IBM Corporation, Micro Focus International plc, Synopsys, Inc., Microsoft Corporation, Google, LLC., Check Point Software Technologies Ltd., PaloAltoNetworks, Inc., Qualys, Inc. and Splunk, Inc.
By Component
By Deployment Type
By Enterprise Size
By End User
By Country
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