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Market Summary

The global version control systems market is forecast to reach USD 923.5 Million by 2026, according to a new report by Reports and Data. The increasing adoption of cloud-based technologies, coupled with emerging technologies like artificial intelligence, block-chain, machine learning, and IoT will drive the growth of the market. Version control is the ability to manage the change and configuration of an application. Versioning is a priceless process, especially when the firm has multiple developers working on a single application because it allows them to share files easily. These systems allow to verify files for modifications, and then merge them accordingly.

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Version control is essential for files that undergo a lot of revision and redrafting and is particularly crucial for electronic records as it is accessible for multiple users. These changes may not be immediately apparent. Version control is also essential if the firm is working on a collaborative document with several contributors and with frequent revisions. Creating and developing files such as formal policies or project documents, version control allows identifying the development of the document, for example, many versions of a draft and final system, over a prolonged period. This provides traceability and enables retention of documents along with the detail of the changes made, the order of changes, and a record of those versions of documents regarded as final or approved.

Key Coverage of the Report

Region and country wise statistics of the global Version control systems market from the period 2016-2026. While 2016 & 2017 has been utilized as historical data, 2018 is considered the base year. 2019-2026 have been derived as forecasts.

Estimation of the market size along with historical and forecasted trend analysis.

Various technologies available for the market have been analyzed. Statistical analysis has been conducted on obtaining the individual share of these segments.

Share of deployment type, including cloud and on-premises, have been estimated.

Regional up-coming research and application outlook.

Regional prevalence of version control systems has been mapped.

Demand and Supply GAP Analysis

Regional Competitors Pricing Strategy

Market share analysis of the top industry players

Strategic recommendations for the new entrants

Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

Strategic recommendations in key business segments based on the market estimations

Competitive landscaping mapping the key common trends

Company profiling with detailed strategies, financials, and recent developments.

Salient Trends of the Version Control Systems Market

The digital transformation across industries enhances the adoption of organizational practices and methodologies, such as DevOps and Agile.

The complexity in application management rises with the increasing use of applications by an organization. For example, as an enterprise grow or split into different products, channels, or lines of business, they have to add more applications to support it. Due to this, app data are becoming increasingly difficult to manage.

The growing application of multi-cloud deployments and increasing adoption of automation are reducing the manual labor in many spheres of organizational work

Business enterprises today are embracing the Internet of Things (IoT). IoT apps and devices ensure better performance, security, and usability. Use of these tools helps in a more agile delivery of software by reducing operational risks.

Emerging technologies like artificial intelligence and machine learning, firms can now anticipate the future patterns of their customers based on collected data. Global leaders are extending their resources in AI and machine learning to understand the habits and preferences of their consumers.

However, these technologies are yet to be accepted by a part of the population. Moreover, lack of skilled professionals and the increasing cases of privacy invasion, are some of the factors responsible for limiting the market growth.

Companies considered and profiled in this market study

AWS, Atlassian, Canonical, CA Technologies, CollabNet, Codice Software, GitHub, IC Manage, IBM, Luit Infotech, LogicalDOC, Microsoft, Micro Focus, SourceGear, and Perforce Software, among others.

The companies have adopted various strategies, including mergers, acquisitions, and partnerships to hold ongoing trails and come up with new developments in the market.

Market-O-Nomics

The valuation for version control systems market was USD 440.2 Million in 2018, and it is expected to reach USD 923.5 Million by 2026.

The distributed version control systems (DVCS) accounts for the largest market share of ~44% in the year 2018. Distributed version control systems do not rely on a central server to store all the versions of a project’s files. Rather, every developer “clones” a copy of the repository and has the full history of the project on their hard drive, storing all the metadata of the original file.

The windows operating system accounts for the largest market share of ~46% in the year 2018. Windows is one of the most user-friendly and simple operating systems to use. Its ease and lack of difficulty are the important factors for its extensive usage.

The small and medium-sized organization segment is forecasted to witness a higher growth rate of 11.0% during the forecast period, due to the rapid adoption of digital media by these firms to promote their products and services. Moreover, with the increasing acceptance of automation, small and medium-sized organizations are investing more on these tools due to their efficiency and cost-effectiveness.

The cloud deployment type is anticipated to witness a higher CAGR of 11.1% during the forecast period, attributing to the increasing amount of data generated through these tools as well as the large storage availability in clouds. The cloud deployment also offers advanced scalability, intensified security, better compliance, and lower costs.

The retail and consumer goods industry is anticipated to witness the highest CAGR of 11.7% during the forecast period. The retail sector is driven by more intense competition and the penetration of e-commerce. The application of automated processes in the industry improves the cost-related parameters, such as productivity, inventory level, and turnaround time in organizations. This has also enhanced the service levels by leveraging the knowledge trapped within the processes. For instance, with the implementation of big data and analytics technologies, several players have adopted automated supply chain planning and other knowledge-based methods.

Europe held a market share of ~24% in the year 2018, owing to the demand for version control systems for several applications across many industries, such as healthcare, banking & finance, and IT, among others.

Asia Pacific is forecasted to have the highest CAGR of 11.0% during the forecast period, due to the application of version control systems and analytics in various end-use industries. The increasing investments in the emerging technologies by governments of the countries in the region will also fuel the growth of the market in the region.

Moreover, the rising number of small and medium-sized enterprises established in the emerging economies like China and India, and their need to bridge their development and operation activates, has led to the adoption of these tools and solutions.

Segments covered in the report:

This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the industry trends in each of the sub-segments from 2016 to 2026. For the purpose of this report, Reports and Data have segmented into the global Version control systems market on the basis of type, organization size, deployment type, operating system, industry vertical, and region:

Type Outlook (Revenue, USD Million; 2016-2026)

Centralized Version Control Systems (CVCS)

Local Version Control Systems (LVCS)

Distributed Version Control Systems (DVCS)

Organization Size Outlook (Revenue, USD Million; 2016-2026)

Small and Medium-Sized Enterprises

Large Enterprises

Operating System Outlook (Revenue, USD Million; 2016-2026)

Windows

Linux

Others

Deployment type Outlook (Revenue, USD Million; 2016-2026)

Cloud

On-premises

Industry Vertical Outlook (Revenue, USD Million; 2016-2026)

IT And Telecommunications

Banking, Financial Services, and Insurance

Education

Retail and Consumer Goods

Healthcare

Media and Entertainment

Others

Regional Outlook (Revenue, USD Million; 2016-2026)

North America U.S.

Europe UK France

Asia Pacific China India Japan

MEA

Latin America Brazil

