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 support a software team to manage changes to source code over time. Development units extensively use VCS to track modifications in software without any manual intervention efficiently. The key goal of this system is to create backups that enable developers to operate more effectively and efficiently over time by reducing 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 increasing automation in software development, coupled with the widespread adoption of tablets and smartphones, is driving the global version control systems market growth. Smartphones are inbuilt with applications that need back-end support to ensure ease of management. Also, the need to reduce the difficulties in software systems by combining version control with the integrated development environment (IDEs) is further driving the market. Moreover, the growing demand for user-friendly solutions and ease of services has raised the need for automated software solutions and tracking tools thatcan be created through VCS. Growing development units worldwide and the rising demand for collaboratively working on projects to expedite product delivery are fueling its demand across the globe.
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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