target audience: TECH SUPPLIER Publication date: Jun 2023 - Document type: Market Share - Doc Document number: # US49416123
Worldwide Software Change, Configuration, and Process Management Market Shares, 2022: DevOps, Emerging AI, and Agile Drive Continuing Double-Digit Growth
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Abstract
This IDC study provides 2022 vendor share analysis for the worldwide software change, configuration, and process management market. Revenue growth for leading vendors resulting from Global 2000 and SMB 2020 investments led to a sixth year of high double-digit revenue growth, which at 21.2% to reach $7.4 billion is similar to last year's already high growth (of 22.4% to reach $6.1 billion in 2021).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, GitLab, JFrog, Harness, LaunchDarkly, CircleCI, Amazon Web Services, CloudBees, Blueprint, and Jama), investment by organizations seeking to gain agile automation and management for requirements, and DevOps expenditures in the wake of higher investment during 2022 moving into 2023. With unpredictable geopolitical, climate change and financial environments, digital execution, and hybrid work imperatives, we expect the ongoing need for collaboration and governance to continue to drive growth moving into 2024–2027. We also see this in surveys indicating ongoing purchase commitments to development and DevOps tools and related areas of agile, value stream management, and leverage of AI with game-changing analytics.
"Hybrid work, digitization, and volatility in the world economy with software as a competitive driver created ongoing massive demand in 2022 for effective software management and DevOps efficiency, with high double-digit growth of 21.2% in 2022 for the SCCPM market as companies sought to drive innovation and manage complex IT initiatives and evolving AI capabilities," says Melinda Ballou, research director, Agile ALM, Quality, and Portfolio Strategies at IDC. "Colossal growth on the part of key vendors such as Atlassian, Microsoft-GitHub, GitLab, and JFrog, along with other innovators and some growth on the part of enterprise providers, drove high SCCPM adoption in this broad market area. This is the sixth consecutive year of high double-digit growth in this market that expanded significantly. We continue to see multiple acquisitions in this space as the market consolidates. A number of factors will continue to contribute to SCCPM growth, including the strong emergence of AI, agile, value stream management, and DevOps environments to help address mobile, cloud, and embedded development and systems engineering as IoT emerges. The need to manage complex sourcing along with distributed development and open source (along with increased compliance demands) are largely impossible to do without SCCPM automation. Indeed, we saw high double-digit revenue growth for many innovative vendors targeting these areas, mitigating lower but still solid single-digit revenue growth for legacy solutions as enterprises also engage in application modernization. We expect the continuing push toward multimodal, multiplatform deployments (including mobile, collaborative applications, and those embedded with big data and analytics) to drive ongoing growth in the 2023–2027 period as AI and ML functionality evolves further and matures, as platforms consolidate via acquisition and organic evolution and as platform-as-a-service (PaaS) application life-cycle management (ALM) solutions continue."