The Global Version Control Systems Market Size valued for USD 982.5 Million in 2021 and is projected to occupy a market size of USD 2,679.2 Million by 2030 growing at a CAGR of 11.9% from 2022 to 2030.
A version control system is a tool that allows a user to track changes to a file or set of files over time so that specific versions can be recalled later. Version control systems are sophisticated tools that assist a team in managing changes in source code. It enables users to collaborate with other programmers. Furthermore, it employs a special database to keep track of all code changes. With the help of version control every change made to the code can be tracked. This enables developers to see the historical record of who changed what at any given moment - and, if necessary, roll back to an earlier version. It also establishes a solitary source of truth.
Version Control Systems Market Report Statistics
- Global version control systems market revenue is projected to reach USD 2,679.2 Million by 2030 with a CAGR of 11.9% from 2022 to 2030
- North America version control systems market share gathered more than USD 304.6 million in 2021
- Asia-Pacific version control systems market growth will record a significant CAGR from 2022 to 2030
- Based on the type, the centralized version control systems (CVCS) sub-segment achieved 53% shares in 2021
- Among enterprise size, the large enterprise sub-segment occupied USD 589.5 million in revenue in 2021
- The rising adoption of cloud-based platforms among enterprises is a popular version control systems market trend that drives the industry demand
Global Version Control Systems Market Dynamics
Market Drivers
- Growing need to decrease complexities in software development
- Rising demand for automation and digitalization tools
- Rapidly increasing adoption of smartphones and tablets
Market Restraints
- Presence of open-source version control systems
- Increasing volume of data generated by organizations
Market Opportunities
- Increasing opportunities for advanced version control systems
- The surging number of small & medium IT enterprises
Version Control Systems Market Report Coverage
Market |
Version Control Systems Market |
Version Control Systems Market Size 2021 |
USD 982.5 Million |
Version Control Systems Market Forecast 2030 |
USD 2,679.2 Million |
Version Control Systems Market CAGR During 2022 - 2030 |
11.9% |
Version Control Systems Market Analysis Period |
2018 - 2030 |
Version Control Systems Market Base Year |
2021 |
Version Control Systems Market Forecast Data |
2022 - 2030 |
Segments Covered |
By Type, By Deployment, By Enterprise Size, By End-Use, And By Geography
|
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Key Companies Profiled |
Amazon.com, Inc., Atlassian, Collabnet, IBM Corporation, GitLab B.V., Micro Focus, Microsoft Corporation, PTC, Inc, SeaPine Software, WANdisco, Inc., and Wildbit LLC.
|
Report Coverage
|
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Version Control Systems Market Growth Factors
The growing number of newer versions of software and application is a very prominent factor that is driving the global version control systems market. The increasing need to lessen complexities in software development is another factor that is fueling the market demand. Version control systems keep track of changes in software products, allowing development teams to simplify the software development process. The complete technological system is intended to reduce the complexities of software development. Version control systems assist in measuring indifference in files, comparing them, and keeping track of it. Technological advances have resulted in a shift toward automation and digitalization in order to reduce involvement in human tasks and errors. Furthermore, the simplicity of use and user-friendliness reflects the high demand for the same.
Version control system market growth is being aided by the industry's rapid digital transformation. For example, the rising demand for digitalization and automation has enabled IT firms to upgrade their software and services in order to compete. Furthermore, the market has risen as a result of the increasing penetration of smartphones and tablets. However, threats such as data privacy and data theft could hamper the market growth. Additionally, the presence of numerous open-source service providers may impede market growth during the forecast period.
Furthermore, the integration of software applications such as Platform as a Service (PaaS) and Integrated Development Environment (IDE) with version control systems is expected to provide significant market growth opportunities from 2022 to 2030. However, growing development teams around the world, as well as increased demand for jointly working on projects to ramp up product delivery, are likely to generate lucrative growth opportunities for the market.
Version Control Systems Market Segmentation
The global version control systems market is segmented based on type, deployment, enterprise size, end-use, and geography.
Version Control Systems Market By Type
- Centralized Version Control Systems (CVCS)
- Distributed Version Control Systems (DVCS)
According to the type segment, the Centralized Version Control Systems (CVCSs) segment accounted for a sizable market share in 2021 and is expected to maintain this trend in the coming years. Centralized Version Control Systems (CVCSs) was created to address a major issue that people face when collaborating with developers on other systems. However, distributed version control systems (DVCS) are gaining popularity due to their improved performance and ability to make the development of new code branches faster and easier.
Version Control Systems Market By Deployment
According to our industry analysis of version control systems, on-premise deployment will account for more than half of the market in 2021. This is because on-premise deployment lowers the total cost of ownership due to low monthly or annual subscription fees. Furthermore, the increasing number of incidents of data theft and data cloning is encouraging organizations to adopt on-premise solutions for their operations. However, advancements in cloud-based deployments, such as improved data security and lower overall costs, are supporting market growth.
Version Control Systems Market By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
The large enterprise sub-segment dominated the enterprise size segment and will continue to do so in the coming years. Version control systems are in high demand in large enterprises due to the growing requirement for improved solutions and a seamless development process. Furthermore, significant investments in R&D activities contribute to company productivity. SMEs, on the other hand, will experience rapid growth as a result of their growing base and their constant desire to acquire new technologies.
Version Control Systems Market By End-Use
- BFSI
- Education
- Healthcare & Life Sciences
- IT & Telecom
- Retail & CPG
- Others
According to the version control systems market forecasts, the IT & telecom sub-segment will account for a significant share between 2022 and 2030. The majority of IT and telecom organizations use version control systems because they can help IT and telecom organizations secure the source code of the current version and work on the most recent release. Furthermore, rising demand for Artificial Intelligence and machine learning is anticipated to increase the deployment of various software and applications in the healthcare and life science sectors.
Version Control Systems Market Regional Outlook
North America
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- India
- Japan
- China
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
The Middle East & Africa
- South Africa
- GCC Countries
- Rest of the Middle East & Africa (ME&A)
Version Control Systems Market Regional Analysis
According to our regional scenario for version control systems, North America is expected to lead the entire market in the coming years. Because of the presence of numerous IT behemoths, the early adoption of innovative technologies, and the presence of key players, historical data suggest the same for the North American region. Furthermore, the presence of leading end-use industries such as IT & telecom, BFSI, retail, and healthcare, as well as an increasing trend of utilizing AI, ML, and IoT, will support the North American version control systems market.
Asia-Pacific, on the other hand, is expected to grow rapidly due to increased digitization and automation, increased investments in the private and public sectors to upgrade technology and rising demand for cloud-based deployment software and applications.
Version Control Systems Market Players
Some of the leading Version Control Systems companies include Amazon.com, Inc., Atlassian, Collabnet, IBM Corporation, Microsoft Corporation, Micro Focus, PTC, Inc, WANdisco, Inc., SeaPine Software, and Wildbit LLC.
CHAPTER 1. Industry Overview of Version Control Systems Market
1.1. Definition and Scope
1.1.1. Definition of Version Control Systems
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Version Control Systems Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Version Control Systems Market By Type
1.2.3. Version Control Systems Market By Deployment
1.2.4. Version Control Systems Market By Enterprise Size
1.2.5. Version Control Systems Market By End-Use
1.2.6. Version Control Systems Market By Region
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restraint 1
3.2.2. Restraint 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Version Control Systems Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Version Control Systems Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Regulatory Compliance
3.9. Competitive Landscape, 2021
3.9.1. Player Positioning Analysis
3.9.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Version Control Systems Market By Type
4.1. Introduction
4.1.1. Version Control Systems Market Revenue By Type
4.1.1.1. Version Control Systems Market Revenue (USD Million) and Forecast, By Type, 2018-2030
4.1.2. Centralized Version Control Systems (CVCS)
4.1.2.1. Centralized Version Control Systems (CVCS) Market Revenue (USD Million) and Growth Rate (%), 2018-2030
4.1.3. Distributed Version Control Systems (DVCS)
4.1.3.1. Distributed Version Control Systems (DVCS) Market Revenue (USD Million) and Growth Rate (%), 2018-2030
CHAPTER 5. Version Control Systems Market By Deployment
5.1. Introduction
5.2. Version Control Systems Market Revenue By Deployment
5.2.1. Version Control Systems Market Revenue (USD Million) and Forecast, By Deployment, 2018-2030
5.2.2. On-Premise
5.2.2.1. On-Premise Market Revenue (USD Million) and Growth Rate (%), 2018-2030
5.2.3. Cloud-Based
5.2.3.1. Cloud-Based Market Revenue (USD Million) and Growth Rate (%), 2018-2030
CHAPTER 6. Version Control Systems Market By Enterprise Size
6.1. Introduction
6.2. Version Control Systems Market Revenue By Enterprise Size
6.2.1. Version Control Systems Market Revenue (USD Million) and Forecast, By Enterprise Size, 2018-2030
6.2.2. Large Enterprises
6.2.2.1. Large Enterprises Market Revenue (USD Million) and Growth Rate (%), 2018-2030
6.2.3. SMEs
6.2.3.1. SMEs Market Revenue (USD Million) and Growth Rate (%), 2018-2030
CHAPTER 7. Version Control Systems Market By End-Use
7.1. Introduction
7.2. Version Control Systems Market Revenue By End-Use
7.2.1. Version Control Systems Market Revenue (USD Million) and Forecast, By End-Use, 2018-2030
7.2.2. BFSI
7.2.2.1. BFSI Market Revenue (USD Million) and Growth Rate (%), 2018-2030
7.2.3. Education
7.2.3.1. Education Market Revenue (USD Million) and Growth Rate (%), 2018-2030
7.2.4. Healthcare & Life Sciences
7.2.4.1. Healthcare & Life Sciences Market Revenue (USD Million) and Growth Rate (%), 2018-2030
7.2.5. IT & Telecom
7.2.5.1. IT & Telecom Market Revenue (USD Million) and Growth Rate (%), 2018-2030
7.2.6. Retail & CPG
7.2.6.1. Retail & CPG Market Revenue (USD Million) and Growth Rate (%), 2018-2030
7.2.7. Others
7.2.7.1. Others Market Revenue (USD Million) and Growth Rate (%), 2018-2030
CHAPTER 8. North America Version Control Systems Market By Country
8.1. North America Version Control Systems Market Overview
8.2. U.S.
8.2.1. U.S. Version Control Systems Market Revenue (USD Million) and Forecast By Type, 2018-2030
8.2.2. U.S. Version Control Systems Market Revenue (USD Million) and Forecast By Deployment, 2018-2030
8.2.3. U.S. Version Control Systems Market Revenue (USD Million) and Forecast By Enterprise Size, 2018-2030
8.2.4. U.S. Version Control Systems Market Revenue (USD Million) and Forecast By End-Use, 2018-2030
8.3. Canada
8.3.1. Canada Version Control Systems Market Revenue (USD Million) and Forecast By Type, 2018-2030
8.3.2. Canada Version Control Systems Market Revenue (USD Million) and Forecast By Deployment, 2018-2030
8.3.3. Canada Version Control Systems Market Revenue (USD Million) and Forecast By Enterprise Size, 2018-2030
8.3.4. Canada Version Control Systems Market Revenue (USD Million) and Forecast By End-Use, 2018-2030
8.4. North America PEST Analysis
CHAPTER 9. Europe Version Control Systems Market By Country
9.1. Europe Version Control Systems Market Overview
9.2. U.K.
9.2.1. U.K. Version Control Systems Market Revenue (USD Million) and Forecast By Type, 2018-2030
9.2.2. U.K. Version Control Systems Market Revenue (USD Million) and Forecast By Deployment, 2018-2030
9.2.3. U.K. Version Control Systems Market Revenue (USD Million) and Forecast By Enterprise Size, 2018-2030
9.2.4. U.K. Version Control Systems Market Revenue (USD Million) and Forecast By End-Use, 2018-2030
9.3. Germany
9.3.1. Germany Version Control Systems Market Revenue (USD Million) and Forecast By Type, 2018-2030
9.3.2. Germany Version Control Systems Market Revenue (USD Million) and Forecast By Deployment, 2018-2030
9.3.3. Germany Version Control Systems Market Revenue (USD Million) and Forecast By Enterprise Size, 2018-2030
9.3.4. Germany Version Control Systems Market Revenue (USD Million) and Forecast By End-Use, 2018-2030
9.4. France
9.4.1. France Version Control Systems Market Revenue (USD Million) and Forecast By Type, 2018-2030
9.4.2. France Version Control Systems Market Revenue (USD Million) and Forecast By Deployment, 2018-2030
9.4.3. France Version Control Systems Market Revenue (USD Million) and Forecast By Enterprise Size, 2018-2030
9.4.4. France Version Control Systems Market Revenue (USD Million) and Forecast By End-Use, 2018-2030
9.5. Spain
9.5.1. Spain Version Control Systems Market Revenue (USD Million) and Forecast By Type, 2018-2030
9.5.2. Spain Version Control Systems Market Revenue (USD Million) and Forecast By Deployment, 2018-2030
9.5.3. Spain Version Control Systems Market Revenue (USD Million) and Forecast By Enterprise Size, 2018-2030
9.5.4. Spain Version Control Systems Market Revenue (USD Million) and Forecast By End-Use, 2018-2030
9.6. Rest of Europe
9.6.1. Rest of Europe Version Control Systems Market Revenue (USD Million) and Forecast By Type, 2018-2030
9.6.2. Rest of Europe Version Control Systems Market Revenue (USD Million) and Forecast By Deployment, 2018-2030
9.6.3. Rest of Europe Version Control Systems Market Revenue (USD Million) and Forecast By Enterprise Size, 2018-2030
9.6.4. Rest of Europe Version Control Systems Market Revenue (USD Million) and Forecast By End-Use, 2018-2030
9.7. Europe PEST Analysis
CHAPTER 10. Asia-Pacific Version Control Systems Market By Country
10.1. Asia-Pacific Version Control Systems Market Overview
10.2. China
10.2.1. China Version Control Systems Market Revenue (USD Million) and Forecast By Type, 2018-2030
10.2.2. China Version Control Systems Market Revenue (USD Million) and Forecast By Deployment, 2018-2030
10.2.3. China Version Control Systems Market Revenue (USD Million) and Forecast By Enterprise Size, 2018-2030
10.2.4. China Version Control Systems Market Revenue (USD Million) and Forecast By End-Use, 2018-2030
10.3. Japan
10.3.1. Japan Version Control Systems Market Revenue (USD Million) and Forecast By Type, 2018-2030
10.3.2. Japan Version Control Systems Market Revenue (USD Million) and Forecast By Deployment, 2018-2030
10.3.3. Japan Version Control Systems Market Revenue (USD Million) and Forecast By Enterprise Size, 2018-2030
10.3.4. Japan Version Control Systems Market Revenue (USD Million) and Forecast By End-Use, 2018-2030
10.4. India
10.4.1. India Version Control Systems Market Revenue (USD Million) and Forecast By Type, 2018-2030
10.4.2. India Version Control Systems Market Revenue (USD Million) and Forecast By Deployment, 2018-2030
10.4.3. India Version Control Systems Market Revenue (USD Million) and Forecast By Enterprise Size, 2018-2030
10.4.4. India Version Control Systems Market Revenue (USD Million) and Forecast By End-Use, 2018-2030
10.5. Australia
10.5.1. Australia Version Control Systems Market Revenue (USD Million) and Forecast By Type, 2018-2030
10.5.2. Australia Version Control Systems Market Revenue (USD Million) and Forecast By Deployment, 2018-2030
10.5.3. Australia Version Control Systems Market Revenue (USD Million) and Forecast By Enterprise Size, 2018-2030
10.5.4. Australia Version Control Systems Market Revenue (USD Million) and Forecast By End-Use, 2018-2030
10.6. South Korea
10.6.1. South Korea Version Control Systems Market Revenue (USD Million) and Forecast By Type, 2018-2030
10.6.2. South Korea Version Control Systems Market Revenue (USD Million) and Forecast By Deployment, 2018-2030
10.6.3. South Korea Version Control Systems Market Revenue (USD Million) and Forecast By Enterprise Size, 2018-2030
10.6.4. South Korea Version Control Systems Market Revenue (USD Million) and Forecast By End-Use, 2018-2030
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-Pacific Version Control Systems Market Revenue (USD Million) and Forecast By Type, 2018-2030
10.7.2. Rest of Asia-Pacific Version Control Systems Market Revenue (USD Million) and Forecast By Deployment, 2018-2030
10.7.3. Rest of Asia-Pacific Version Control Systems Market Revenue (USD Million) and Forecast By Enterprise Size, 2018-2030
10.7.4. Rest of Asia-Pacific Version Control Systems Market Revenue (USD Million) and Forecast By End-Use, 2018-2030
10.8. Asia-Pacific PEST Analysis
CHAPTER 11. Latin America Version Control Systems Market By Country
11.1. Latin America Version Control Systems Market Overview
11.2. Brazil
11.2.1. Brazil Version Control Systems Market Revenue (USD Million) and Forecast By Type, 2018-2030
11.2.2. Brazil Version Control Systems Market Revenue (USD Million) and Forecast By Deployment, 2018-2030
11.2.3. Brazil Version Control Systems Market Revenue (USD Million) and Forecast By Enterprise Size, 2018-2030
11.2.4. Brazil Version Control Systems Market Revenue (USD Million) and Forecast By End-Use, 2018-2030
11.3. Mexico
11.3.1. Mexico Version Control Systems Market Revenue (USD Million) and Forecast By Type, 2018-2030
11.3.2. Mexico Version Control Systems Market Revenue (USD Million) and Forecast By Deployment, 2018-2030
11.3.3. Mexico Version Control Systems Market Revenue (USD Million) and Forecast By Enterprise Size, 2018-2030
11.3.4. Mexico Version Control Systems Market Revenue (USD Million) and Forecast By End-Use, 2018-2030
11.4. Rest of Latin America
11.4.1. Rest of Latin America Version Control Systems Market Revenue (USD Million) and Forecast By Type, 2018-2030
11.4.2. Rest of Latin America Version Control Systems Market Revenue (USD Million) and Forecast By Deployment, 2018-2030
11.4.3. Rest of Latin America Version Control Systems Market Revenue (USD Million) and Forecast By Enterprise Size, 2018-2030
11.4.4. Rest of Latin America Version Control Systems Market Revenue (USD Million) and Forecast By End-Use, 2018-2030
11.5. Latin America PEST Analysis
CHAPTER 12. Middle East & Africa Version Control Systems Market By Country
12.1. Middle East & Africa Version Control Systems Market Overview
12.2. GCC
12.2.1. GCC Version Control Systems Market Revenue (USD Million) and Forecast By Type, 2018-2030
12.2.2. GCC Version Control Systems Market Revenue (USD Million) and Forecast By Deployment, 2018-2030
12.2.3. GCC Version Control Systems Market Revenue (USD Million) and Forecast By Enterprise Size, 2018-2030
12.2.4. GCC Version Control Systems Market Revenue (USD Million) and Forecast By End-Use, 2018-2030
12.3. South Africa
12.3.1. South Africa Version Control Systems Market Revenue (USD Million) and Forecast By Type, 2018-2030
12.3.2. South Africa Version Control Systems Market Revenue (USD Million) and Forecast By Deployment, 2018-2030
12.3.3. South Africa Version Control Systems Market Revenue (USD Million) and Forecast By Enterprise Size, 2018-2030
12.3.4. South Africa Version Control Systems Market Revenue (USD Million) and Forecast By End-Use, 2018-2030
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & Africa Version Control Systems Market Revenue (USD Million) and Forecast By Type, 2018-2030
12.4.2. Rest of Middle East & Africa Version Control Systems Market Revenue (USD Million) and Forecast By Deployment, 2018-2030
12.4.3. Rest of Middle East & Africa Version Control Systems Market Revenue (USD Million) and Forecast By Enterprise Size, 2018-2030
12.4.4. Rest of Middle East & Africa Version Control Systems Market Revenue (USD Million) and Forecast By End-Use, 2018-2030
12.5. Middle East & Africa PEST Analysis
CHAPTER 13. Player Analysis Of Version Control Systems Market
13.1. Version Control Systems Market Company Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2. New Product Launches and Product Enhancements
13.2.3. Mergers And Acquisition In Global Version Control Systems Market
13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14. Company Profile
14.1. Amazon.com, Inc.
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Financial Overview
14.1.3.1. Revenue (USD Million), 2021
14.1.3.2. Amazon.com, Inc. 2021 Version Control Systems Business Regional Distribution
14.1.4. Product /Service and Specification
14.1.5. Recent Developments & Business Strategy
14.2. Atlassian
14.3. Collabnet
14.4. IBM Corporation
14.5. GitLab B.V.
14.6. Micro Focus
14.7. Microsoft Corporation
14.8. PTC, Inc
14.9. SeaPine Software
14.10. WANdisco, Inc.
14.11. Wildbit LLC