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The global version control systems market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 10% during (2021-2026). Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.
A version control system (VCS) is a software tool used to track and manage changes in a software code. It is primarily used for backup, which allows developers to keep track of all the modifications and make comparisons with previous files. It eliminates the need for manually tracking and managing changes in the data, reduces development time and increases successful deployments. As a result, it is extensively utilized in programs such as an integrated development environment, word processor and spreadsheet.
A considerable rise in the demand for automation and digitalization in the software development process and the growing adaption of smartphones and tablets represent one of the key factors strengthening the global VCS market growth. Apart from this, the increasing need for user-friendly solutions is catalyzing the demand for automated tracking tools and software solutions. This, in turn, is positively influencing the sales of VCS across the globe. As VCS offers portability, auditing and interoperability benefits, manages multiple versions of codes and eliminates duplication of efforts, the demand for these systems is fueling the market growth. Besides this, software developers are adopting VCS to increasing productivity and automate tasks, such as deployment and testing. Other factors like the growing need for open-source and cross-platform VCS, such as Git, Subversion and Github, which support platforms, frameworks, languages, and multiple sets of technologies, are anticipated to contribute to the growth of the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the global version control systems market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, type, deployment type, enterprise size and end use.
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Breakup by End Use:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Amazon.com Inc., Atlassian Corporation Plc, GitHub Inc. (Microsoft Corporation), International Business Machines Corporation, LogicalDOC, Luit Infotech, Micro Focus, Perforce Software Inc., PTC Inc., Unity Software Inc., WANdisco plc. and Wildbit LLC.
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