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How big is the Version Control Systems Market today and how fast it is growing

Author : Ronak Bora | Published Date : 2019-04-12 

Global Market Insights, Inc. recently introduced new title on 2018-2024 Version Control Systems Market Report from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2024.

Various applications of version control systems market are file locking and version merging. The file locking prevents concurrent access to central repository. This protects the file against merge conflicts. The version merging allows multiple edits to a file simultaneously. The system also manages multiple changes in the central repository, preserving various changes from multiple developers

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Version Control Systems Market is driven by the increased adoption of mobile applications. These applications require back-end activities to track source code changes & ensure the ease of management. The version control system assists developers to keep a record of all modifications and enables comparisons with previous files. It also eliminates the need for manually managing and tracking the changes in the file and data and simplifies the software development process.

The technological advancements in automation and digitalization to minimize human-associated errors have fueled the growth in the market. The human error is a major factor leading to accidents and failures in the industry, leading to increased expenditure and irrevocable capital losses. Furthermore, the increasing demand for user-friendly solutions and ease of operations have increased the demand for automated software solutions and tracking tools.

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Majority four types of framework are present in the Version Control Systems Market: Concurrent Versions System (CVS), Apache Subversion (SVN), and Git, Mercurial. CVS handles branching projects, so that the developed project can diverge into multiple products with distinct features. CVS also manages conflicts between two developers and allows the latest version of the code to be worked on & updated.

The North American region is driven by the early adoption of version control platforms. The companies, such as Git and Perforce, have invested heavily in the development of advanced version control systems market, fostering the market growth. Asia Pacific Version Control Systems industry is driven by the increasing adoption of version control platforms by SMEs in countries including China and Japan. The rapidly-growing IT industry in countries including India has also fostered the demand for the systems.

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The prominent venders of the version control systems market are Microsoft Corporation, Apache Software Foundation, Perforce, Git, Mercurial, Canonical Ltd., WANdisco, and IBM. The major companies operating in the market are focusing on forming partnerships, mergers & acquisitions, and new product development to gain a competitive edge over the competitors. For instance, Perforce Solutions, a global provider of productivity-based enterprise solutions acquired Programming Research Ltd., a leading provider of enterprise grade static code analysis based in the UK. This acquisition was aimed at strengthening its product portfolio.  Similarly, WANdisco, the live data company launched it sales partnership with Alibaba cloud to increase its customer base in foreign markets.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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