DevSecOps Market size was over USD 4.36 billion in 2023 and is set to reach USD 69.96 billion by the end of 2036, witnessing around 23.8% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of DevSecOps is assessed at USD 5.19 billion.
The growth of the market can be attributed to need for higher secure continuous application delivery along with the increased focus on enhanced safety and security of data. Moreover, with the rise in the security breaches and there has been a significant growth in the higher secure continuous application delivery which is expected to have a positive impact on the market. The goal of DevSecOps is to bridge Development and Operations for a faster time-to-market and rapid customer satisfaction and feedback. In many DevOps implementations and practices, security often ends up being the late comer, delaying the process of release and thus impeding all the benefits of DevOps and Agile software development. According to a recent data published by Breach Level Index, roughly 10 billion records have been breached since 2013 while the average total cost of a data breach is $3.86 million.
Author Credits: Abhishek Verma
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