The application release automation global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Application Release Automation Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
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 growth in the historic period can be attributed to cost efficiency, demand for flexibility and scalability, integration complexity, automation of deployment tasks, and management of modern application architectures.
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%. The growth in the forecast period can be attributed to agile development practices, the emergence of low-code or no-code platforms, seamless integration with enterprise tools, a shift towards microservices, and digital transformation initiatives. Major trends in the forecast period include AI-driven release orchestration, a shift to self-service automation, hybrid cloud deployment models, enhanced security automation, and serverless deployment automation.
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Scope Of Application Release Automation Market
The Business Research Company’s reports encompass a wide range of information, including:
Application Release Automation Market Overview
Market Drivers –
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.
Market Trends –
Major companies operating in the artificial intelligence (AI) software market are focusing on developing advanced solutions, such as Security Copilot, to enhance cybersecurity capabilities for their clients. Security Copilot is an advanced solution that leverages artificial intelligence (AI) to enhance cybersecurity measures and respond to cyber threats by analyzing large datasets and automating various cybersecurity tasks. For instance, in March 2024, Microsoft Corporation., a US-based technology company, launched Security Copilot, an AI product designed to empower security teams with advanced capabilities to detect and respond to threats quickly. This tool combines a specialized language model with security-specific capabilities, informed by global threat intelligence, to provide tailored insights and guidance for cybersecurity tasks. It aims to summarize vast data signals into key insights, detect cyber threats proactively, and reinforce security postures effectively.
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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Regional Insights –
North America was the largest region in the application release automation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the application release automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
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
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