According to the latest report by IMARC Group “Version Control Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global version control systems market is expected to exhibit a CAGR of 9.5% during 2022-2027.
Version control systems (VCS) are software tools that help a development team manage source code changes over time. VCS is widely used in development units to track changes in software without requiring manual involvement. The primary purpose of this system is to provide backups that allow developers to work more effectively and efficiently over time by lowering the complexity of the software development process.
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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends:
The growing automation in software development, combined with the widespread use of tablets and smartphones, is propelling the worldwide version control systems market forward. Smartphones include applications that require back-end assistance to ensure easy management. Furthermore, the need to reduce the complexity of software systems by merging version control with integrated development environments (IDEs) is propelling the industry. Furthermore, the increasing demand for user-friendly solutions and ease of service has increased the demand for automated software solutions and tracking tools that may be produced using VCS. Growing development divisions around the world, as well as increased demand for cooperatively working on projects to speed product delivery, are driving its global demand.
Breakup by Type:
- Centralized Version Control Systems (CVCS)
- Distributed Version Control Systems (DVCS)
Breakup by Deployment Type:
- On-premises
- Cloud-based
Breakup by Enterprise Size:
- Large Enterprises
- Small and Medium Enterprises
Breakup by End Use:
- BFSI
- Education
- Healthcare and Life Sciences
- IT and Telecom
- Retail and CPG
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Amazon.com Inc.
- Atlassian Corporation Plc
- GitHub Inc. (Microsoft Corporation)
- International Business Machines Corporation
- LogicalDOC
- Luit Infotech
- Micro Focus
- Perforce Software Inc.
- PTC Inc.
- Unity Software Inc.
- WANdisco plc.
- Wildbit LLC.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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