This IDC study provides 2020 vendor share analysis for the worldwide software change, configuration, and process management (SCCPM) market. Revenue growth for leading vendors resulting from Global 2000 and SMB 2020 investment led to a fourth year of double-digit revenue growth of 14.8% to reach $4.81 billion (compared with 16% growth to reach $4.19 billion in 2019). This resulted from growth on the part of some major vendors across areas of innovation in this broad market, extremely high double-digit and other growth from innovators (such as Atlassian, Microsoft-GitHub, Digital.ai, GitLab, JFrog, Blueprint, Jama, and Digital.ai [formerly CollabNet and XebiaLabs]), investment by organizations seeking to gain agile automation and management for requirements, and DevOps expenditures in the wake of higher investment during 2020. With unpredictable financial consequences initially in the wake of COVID-19 and the desperate drive to digital execution demanded by the pandemic, we expect ongoing need for collaboration and governance to continue to drive growth, moving into 2021-2022 and beyond. We see this also in surveys indicating ongoing purchase commitments to development and DevOps tools even in the face of the crisis."Hybrid work, digitization, and volatility in the world economy as a result of the global pandemic with software as a competitive driver will create ongoing demand for effective software management and DevOps efficiency in 2021-2022, with double-digit growth of 14.8% in 2020 for the SCCPM market as companies sought to drive innovation and manage complex IT initiatives," says Melinda Ballou, research director, Agile ALM, Quality, and Portfolio Strategies at IDC. "Dynamic growth on the part of key vendors such as Atlassian and Microsoft-GitHub, along with other innovators, and some growth on the part of other enterprise providers drove SCCPM adoption in this broad market area. This is the fourth consecutive year of high double-digit growth in this market. We continue to see multiple acquisitions in this space as the market consolidates. The impact of OSS complicated purchase patterns for commercial offerings, and we are increasingly seeing integration with key OSS solutions such as Git and commitment to OSS standards. A number of factors will continue to contribute to SCCPM growth, including the strong emergence of agile and DevOps environments to help address mobile, cloud, and embedded development and systems engineering as IoT emerges and the need to manage complex sourcing, along with distributed development, open source, and increased compliance demands (which are nearly impossible to do without SCCPM automation). Indeed, we saw high double-digit revenue growth for many innovative vendors targeting these areas, mitigating flat revenue and some losses for legacy solutions. We expect the push toward multimodal, multiplatform deployments (including mobile, social media applications, and those embedded with big data and analytics) to drive ongoing growth in the 2022-2024 period as platforms consolidate via acquisition and organic evolution and as platform-as-a-service (PaaS) application life-cycle management (ALM) solutions emerge over time."
Our reports have been used by over 10K customers, including:
241 pages •
By Global Industry Analysts
• Jan 2022
Abstract: Global Predictive Maintenance for Manufacturing Industry Market to Reach US$3.9 Billion by the Year 2026 Predictive maintenance is proactive and is designed to increase reliability of machine and decrease their downtime. As competition in the manufacturing industry intensifies...
This IDC Perspective discusses the streaming data imperative and two open source technologies -- Apache Kafka and Apache Pulsar -- used for streaming data movement. The demand for real-time data movement to enable actionable business decisions will continue to grow. Stream processing will continue to take a large share from batch processing....
120 pages •
By Infiniti Research Limited
• Dec 2021
Global Real Time Bidding Market 2022-2026 The analyst has been monitoring the real time bidding market and it is poised to grow by $ 16.52 bn during 2022-2026, decelerating at a CAGR of 22.21% during the forecast period. Our report on the real time bidding market provides a holistic analysis, market size and forecast, trends,...
The global performance analytics market exhibited strong growth during 2015-2020. Looking forward, the analyst expects the market to grow at a CAGR of around 20% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of...
Digital technologies such as AI, analytics, cloud, and digital twin are playing a key role in the transformation of the water industry. The application of these advanced technologies helps water resource authorities (both municipal and non-municipal authorities) to address various challenges related to the monitoring of water quality, the...
The digital transformation market size to grow from USD 521.5 billion in 2021 to USD 1247.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 19.1% during the forecast period. Various factors such as increasing spending on marketing and advertising activities by enterprises, changing landscape of customer intelligence to drive the...
The global facility management (FM) market suffered a significant shock due to the COVID-19 pandemic.However, the market is bouncing back, with future growth focused on technology and sustainability. The industry is undergoing a major transformation, driven by technology innovation, new business models, emerging value propositions,...
120 pages •
By Infiniti Research Limited
• Nov 2021
Global Truck-as-a-Service Market 2021-2025 The analyst has been monitoring the truck-as-a-service market and it is poised to grow by $ 24.92 bn during 2021-2025, progressing at a CAGR of 22.19% during the forecast period. Our report on the truck-as-a-service market provides a holistic analysis, market size and forecast,...
Like the commercial sector, COVID-19 has accelerated digitalization in the military domain, as evident from the many military organizations currently considering and adopting digital technologies exponentially. This is compounded by rising geopolitical concerns from state and non-state actors, which can only be countered by the strategic advantage...
The global data fabric market is projected to reach US$ 2,466.12 million by 2028 from US$ 1,241.04 million in 2021; it is estimated to register a CAGR of 10.3% during 2021–2028. The use of the cloud-based platform is increasing due to the simplification of the deployment time and the reduction in the deployment cost.Further, the internet...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.