As demand for more software increases, whether it be traditional software or emerging and growing areas of demand such as infrastructure as code, policy as code, and low-code generated code, there is a direct impact on the demand for version control," says Christopher Condo, a principal analyst at Forrester Research.
Since all code needs to be version controlled, any increased demand [for] software will result in an increased demand for version control systems," he adds.
A report by research firm Acumen Research and Consulting expects the version control systems market to grow as more organizations adopt agile development methodologies, and as collaboration and code management become more important.
The market for these types of products will expand by an estimated 12 percent compound annual growth rate to reach $2.68 billion by 2030, according to the report. The increasing adoption of cloud-based version control systems is also driving market growth, it says.
#version-control-systems #software-development #market-growth #agile-methodologies #cloud-based-systems
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