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Global Application Release Automation Market 2024 : Trends, Business Growth And Major Driving Factors | Microsoft Corporation, HP Inc., IBM Corporation, Broadcom, Red Hat Inc., Atlassian Corporation Plc, Micro Focus International plc
Application Release Automation Global Market Report 2024
As per the report, the application release automation market size has grown rapidly in recent years. It will grow from $3.11 billion in 2023 to $3.55 billion in 2024 at a compound annual growth rate (CAGR) of 14.2%. The application release automation market size is expected to see rapid growth in the next few years. It will grow to $6.14 billion in 2028 at a compound annual growth rate (CAGR) of 14.6%.
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Rising Demand For DevOps Practices Fuels Application Release Automation Market Growth
The increase in DevOps practices is expected to propel the growth of the application release automation market going forward. DevOps practices refer to development and operations, a collection of procedures, equipment, and cultural norms that automate and streamline communication between IT and software development teams. DevOps practices are increasing due to the increasing complexity of software development, coupled with the need for faster delivery and greater agility. The application release automation automates the deployment process of DevOps, allowing organizations to deploy applications consistently across different environments, such as development, testing, staging, and production. For instance, in January 2023, according to the 2023 Global DevSecOps Report by GitLab, a US-based open-core company that operates a DevOps software package, around 36% of DevSecOps professionals worldwide employ DevSecOps while developing software, up from 27% in 2020. Therefore, the demand for DevOps practices is driving the growth of the application release automation market.
Advanced Technology In Application Release Automation
Major companies operating in the application release automation market are focusing on developing comprehensive software solutions for causal artificial intelligence (AI), such as AutomationEngin, to gain a competitive edge. AutomationEngine is a comprehensive software solution that automates various workflows, particularly prepress, packaging, and data remediation. For instance, in February 2023, Dynatrace, a US-based software intelligence company, launched AutomationEngine, a casual AI-based comprehensive software solution. The Dynatrace AutomationEngine employs causal AI and is intended to provide answer-driven automation that allows enterprises to manage clouds more efficiently, innovate faster and more securely, and achieve consistently improved business outcomes.
The application release automation market covered in this report is segmented -
1) By Component: Tool, Services
2) By Deployment: Cloud, On-Premises
3) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
4) By End-User Industries: BFSI, IT And Telecommunications, Retail And E-Commerce, Media And Entertainment, Other End User Industries
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Major companies operating in the application release automation market are Microsoft Corporation, HP Inc., IBM Corporation, Broadcom, Red Hat Inc., Atlassian Corporation Plc, Micro Focus International plc, BMC Software Inc., ThoughtWorks Inc., Dynatrace LLC, Circle Internet Services Inc., GitLab Inc., Rocket Software Inc., Jfrog Ltd., Digital.ai Software Inc., Electric AI Inc., Chef Software Inc., CloudBees Inc., Puppet Inc., QualiSystems Ltd., Octopus Deploy Pty Ltd., Codefresh Inc., Automic Software Inc., RapidDeploy, Plutora, Travis CI GmbH, Spinnaker Global Limited, DeployHub Inc., Clarive Software Inc., Inedo
Contents of the report:
1. Executive Summary
2. Application Release Automation Market Report Structure
3. Application Release Automation Market Trends And Strategies
4. Application Release Automation Market - Macro Economic Scenario
5. Application Release Automation Market Size And Growth
…..
27. Application Release Automation Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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