Market Overview

Global Version Control Systems Market 2018-2022 to Post a CAGR of 11% Over the Next Five Years| Technavio


The global version control systems market is expected to post a CAGR of
close to 11% during the period 2018-2022, according to the latest market
research report by Technavio.

This press release features multimedia. View the full release here:

Technavio has published a new market research report on the global version control systems market fr ...

Technavio has published a new market research report on the global version control systems market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is rising demand for
better software development. IT consolidations in organizations have
been increasing to improve operational efficiency and to achieve
economies of scale. The ever-increasing consolidation of IT
infrastructure such as data centers and networking systems in
organizations is forcing C-suite executives to implement advanced IT
service delivery models such as shared and managed IT services. The
continual change in technology and the need for IT modernization in
numerous industries such as manufacturing, BFSI, telecommunication, and
healthcare are the key factors for the growing adoption of IT services.
The demand for consolidated IT services is also expected to grow with
the increase in IT consolidation across industry verticals in the public
sector. Therefore, with the growing IT consolidation, software
development is also increasing, thereby driving the demand for version
control systems.

This market research report on the global
version control systems market 2018-2022
also provides an
analysis of the most important trends expected to impact the market
outlook during the forecast period. Technavio classifies an emerging
trend as a major factor that has the potential to significantly impact
the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing

In this report, Technavio highlights the availability of version control
as a service as one of the key emerging trends in the global version
control systems market:

Global version control systems market:
Availability of version control as a service

Currently, several companies are increasingly adopting cloud-based
version control services since these services can eliminate many of the
installation and maintenance costs associated with in-house hosting.
Version control services offer secure software development along with
regular maintenance tasks such as backing up the repositories at regular
intervals and implementing tested recovery strategies. Compared with
on-premise services, cloud-based services are more economical since
organizations can extend their operations as required without additional
investments in equipment, software, and other resources. Moreover,
cloud-based version control services also ensure better project
management helping to streamline the entire development process. Thus,
with various advantages associated with version control systems, the
market is predicted to grow steadily during the forecast period.

"The growth of the IT and telecommunications industry will propel the
growth of the global version control systems market. Version controls
system provide complete security and regulation of various applications
such as constant software updates, debugging, and the development of
mobile applications. Thus, these advantages are encouraging several
companies to adopt the system, thereby driving the overall growth of the
says a senior analyst at Technavio for research on IT
professional services.

Global version control systems market:
Segmentation analysis

This market research report segments the global version control systems
market by end-user (large enterprises and SMEs) and geographical regions
(APAC, EMEA, and the Americas).

The Americas led the market in 2017 with a market share of more than 42%
of the market share, followed by EMEA and APAC respectively. Although
APAC held the smallest share of the market in 2017, it is expected to
have the highest incremental growth, followed by the EMEA region.

Looking for more information on this market? Request
a free sample report

Technavio's sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio's comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team

View Comments and Join the Discussion!