Geographically, the DevSecOps market is segmented into North America, Latin America, Europe, Asia Pacific and the Middle East & Africa region. The market in the North America industry is likely to hold largest revenue share by 2036, owing to rise in fraud related activities in the banking sector, along with growth in IT infrastructure. which is one of the major driving factors for market growth. Furthermore, in 2021, the market in North America is evaluated to occupy the largest share in terms of revenue, owing to rapid advancement in cloud computing, use of Internet of Thing and vast IT infrastructure services in the region. Along with this, the North America also leads in terms of technological advancement and surplus demand for secure software development, which is also expected to contribute to the market growth in the region. As per the analysis of CompTIA’s Cyberstates, United States is the largest tech market in the world, representing 33% of the total, or approximately $1.6 trillion for 2021. Alternatively, the market in Europe is also anticipated to occupy a significant share in the market on account of its high adoption rate of cloud technologies and huge customer base in the region. The DevSecOps market in Middle East & Africa is also expected to grow owing to large number of multi-national companies which have set up their business activities in the region.
Author Credits: Abhishek Verma
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