An Incisive, In-depth Analysis on the Version Control Systems Market
This study offers a comprehensive, 360 degree analysis on the Version Control Systems market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Version Control Systems market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Overview of the global version control systems market during 2017-2027
With a robust CAGR of 11.5%, the global version control systems market is likely to witness high revenue growth during the assessed period of 10 years. The market is expected to be valued at close to US$ 550 Mn in the year 2021. Revenue growth of the global market can be attributed to increasing number of installations across small and medium sized enterprises and enhanced features of version control systems. The increasing adoption of smart phones and tablets and rapid proliferation of advanced technologies has resulted in an increased spending on application development and deployment globally. Version control systems, being an integral component of the above, have experienced significant growth in revenue. In 2026, the market is likely to reach a significant valuation of US$ 900 Mn.
Automation and digitalisation and elimination of complexity are factors creating a positive impact on the global version control systems market
Technological advancements have led to a transition towards automation and digitalisation to reduce associated human tasks and errors. Apart from this, the ease of operation and user friendliness has also created high demand in the global market for automated software management and tracking tools, which is expected to drive revenue growth of the version control systems market across the globe. For instance, systems such as Bazaar offered by a U.K based company automatically tracks every variation made in the source code and maintains a backup of every model.
Due to increasing popularity and adoption of smartphones and tablets across the globe, various types of mobile applications have been introduced. Backend activities are also in high demand to track the changes and facilitate ease of management. These backend activities include programming of the software (of the application), development of the application, and updates related to the application. The increasing implementation of version control systems across enterprises are fuelling revenue growth of the global market.
“Implementation of a version control system eliminates the need to manually manage and track the changed files, data, and other complexities associated with software development, especially when a team works on a file simultaneously. It enables a developer to keep track of every modification, compare the earlier version with the updated version, maintain a backup from the first file to the last file, support a developer’s preferred workflow, and manage branching and merging. Due to the enhanced features and the elimination of complexities associated with software development, there is an increased demand and adoption of version control systems, especially by small and medium sized enterprises.”
- Senior Research Analyst, Information Technology, Future Market Insights
In terms of value, the market for Windows based version control systems is expected to increase 2.9X during the forecast period
In terms of value, the Windows operating environment segment is projected to be the most attractive market in the global version control systems market during the forecast period. The Windows segment is anticipated to hold about 3/4th of the value share of the global version control systems market by the end of 2027. However, the market in Others segment is expected to register high Y-o-Y growth rates throughout the forecast period. In terms of value, the Others segment is expected to expand at the fastest growth rate of 13.8% during the forecast period.
Future Market Insights has published a new report titled “Version Control Systems Market: Global Industry Analysis (2012–2016) and Opportunity Assessment (2017–2027),” which tracks the performance of the global version control systems market for a period of 10 years. The primary objective of this report is to offer insights on the advancements in the global version control systems market. The study demonstrates the key market dynamics that are expected to influence the current environment and future status of the global version control systems market over the period of study. The primary objective of this report is to offer updates on trends, drivers, restraints, value forecasts, and opportunities for manufacturers operating in the global version control systems market.
Besides market definition, taxonomy and dynamics, this report includes value chain analysis of the global version control systems market, which consists of raw material suppliers, manufacturers, distributors, wholesalers and sales channels. The report analyses the market share of the version control systems market on the basis of the various market segments such as type, enterprise type, operating environment and region. It provides a market outlook for 2017–2027 and sets the forecast within the context of the version control systems ecosystem, including the new technological developments as well as product offerings in the global version control systems market. This study discusses key regional trends contributing to the development of the version control systems market globally, as well as analyses the degree to which drivers are influencing the market globally. Key regions assessed in this report include North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan, and MEA.
In the final section of the report, a competitive landscape has been included to provide report audiences with a dashboard view. Key categories of providers covered in the report are version control systems suppliers and key players. Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the version control systems market. Key players in the global version control systems market include the software companies dealing with version control systems across the globe.
By Enterprise Type
By Operating Environment
A systematic research approach has been adopted while analysing the global version control systems market. In-depth secondary research is used to determine top industry players, products, applications, overall market size, and industry connotations, and to identify distributors and manufacturers. The analysts have conducted interviews with industry experts and industry participants for data collection and verification. Data is validated by the triangulation method, wherein the secondary and primary data along with Future Market Insights’ analysis are consolidated to deduce the final data points.
In addition, it is imperative to note that in an ever-fluctuating global economy, we have not only conducted forecasts in terms of CAGR, but have also analysed the market on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right growth opportunities. Also, another key feature of this report is the analysis of all key segments in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global version control systems market.