The "Generative AI in DevOps Market Opportunities and Strategies to 2034" has been added to ResearchAndMarkets.com's offering. This report describes and explains the Generative AI in DevOps market an...
DUBLIN: The "Generative AI in DevOps Market Opportunities and Strategies to 2034" has been added to ResearchAndMarkets.com's offering.
This report describes and explains the Generative AI in DevOps market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period.
The global Generative AI in DevOps market reached a value of nearly $1.87 billion in 2024, having grown at a compound annual growth rate (CAGR) of 38.80% since 2019. The market is expected to grow from $1.87 billion in 2024 to $9.58 billion in 2029 at a rate of 38.53%.
The market is then expected to grow at a CAGR of 37.63% from 2029 and reach $47.3 billion in 2034. Growth in the historic period resulted from the increasing internet penetration, rapid growth of the Large Language Model (LLM), increasing demand for personalized AI solutions, increasing digital transformation across industries, and rising adoption of cloud computing. Factors that negatively affected growth in the historic period were limited availability of skilled personnel and technical expertise.
Going forward, the growing adoption of automation, rising investment in AI startups, increasing usage of artificial intelligence, favorable government initiatives, and expansion of the Information Communication Technology industry will drive growth. A factor that could hinder the growth of the Generative Artificial Intelligence in Development and Operations (DevOps) market in the future includes concerns regarding job displacement. The global Generative AI in DevOps market is fairly fragmented, with a large number of small players operating in the market.
The top ten competitors in the market made up to 15.8% of the total market in 2023. Microsoft Corporation was the largest competitor with a 2.52% share of the market, followed by Alphabet Inc. (Google LLC) with 2.20%, Amazon Web Services Inc. with 1.81%, International Business Machines Corporation with 1.79%, Oracle Corporation with 1.78%, NVIDIA Corporation with 1.58%, Cisco Systems Inc. with 1.43%, Capgemini SE with 0.98%, OpenAI with 0.91%, and NetApp Inc. with 0.81%.
The Generative AI in DevOps market is segmented by component into solutions and services. The solutions market was the largest segment of the Generative AI in DevOps market segmented by component, accounting for 61.64% or $1.15 billion of the total in 2024. Going forward, the services segment is expected to be the fastest growing segment in the Generative AI in DevOps market segmented by component, at a CAGR of 40.28% during 2024-2029. The Generative AI in DevOps market is segmented by deployment mode into cloud-based and on-premise.
The cloud-based market was the largest segment of the Generative AI in DevOps market segmented by deployment mode, accounting for 62.38% or $1.17 billion of the total in 2024. Going forward, the cloud-based segment is expected to be the fastest growing segment in the Generative AI in DevOps market segmented by deployment mode, at a CAGR of 40.20% during 2024-2029. The Generative Artificial Intelligence in Development and Operations (DevOps) market is segmented by application into testing, monitoring, deployment, maintenance, and other applications. The testing market was the largest segment of the Generative Artificial Intelligence in Development and Operations (DevOps) market segmented by application, accounting for 36.62% or $687.76 million of the total in 2024.
Going forward, the deployment segment is expected to be the fastest growing segment in the Generative Artificial Intelligence in Development and Operations (DevOps) market segmented by application, at a CAGR of 42.68% during 2024-2029. North America was the largest region in the Generative Artificial Intelligence in Development and Operations (DevOps) market, accounting for 33.66% or $632.17 million of the total in 2024. It was followed by Asia Pacific, Western Europe, and then the other regions. Going forward, the fastest-growing regions in the Generative AI in DevOps market will be Asia Pacific and the Middle East.
The top opportunities in the Generative AI in DevOps markets segmented by component will arise in the solutions segment, which will gain $4.51 billion of global annual sales by 2029. The top opportunities in the Generative AI in DevOps market segmented by deployment mode will arise in the cloud-based segment, which will gain $5.17 billion of global annual sales by 2029. The top opportunities in the Generative AI in DevOps markets segmented by application will arise in the testing segment, which will gain $2.84 billion of global annual sales by 2029.
The Generative AI in DevOps market size will gain the most in the USA at $1.8 billion. Market-trend-based strategies for the Generative Artificial Intelligence in Development and Operations (DevOps) market include a focus on developing innovative solutions to enhance AI model training and deployment efficiency, concentrating on creating innovative solutions, like the Generative AI production stack and focusing on developing innovative products like AI-powered DevSecOps (Development, Security, and Operations) platforms. Player-adopted strategies in the Generative AI in DevOps market include focusing on expanding operational capabilities through new product launches and focusing on strengthening business capabilities through strategic partnerships.
Key Attributes:
Report Attribute | Details |
No. of Pages | 294 |
Forecast Period | 2024 - 2034 |
Estimated Market Value (USD) in 2024 | $1.87 Billion |
Forecasted Market Value (USD) by 2034 | $47.3 Billion |
Compound Annual Growth Rate | 38.1% |
Regions Covered | Global |
Key Topics Covered:
Major Market Trends
Global Generative AI in DevOps Market Segmentation
Company Profiles
Other Major and Innovative Companies
Key Mergers and Acquisitions
Companies Featured
For more information about this report visit https://www.researchandmarkets.com/r/bnv9i4
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Fonte: Business Wire
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