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We expect the global version control systems market to exhibit a CAGR of 9.5% during 2022-2027.
The extensive applications of version control systems in word processor and spreadsheet to aid in
managing changes in the data, reducing development time, and increasing successful
deployments are primarily driving the global version control systems market.
The sudden outbreak of the COVID-19 pandemic has led to the growing demand for automated
tracking tools and software solutions, such as version control systems, for increasing productivity
and automate tasks on account of the rising deployment of work from home model.
Based on the type, the global version control systems market has been divided into Centralized
Version Control Systems (CVCS) and Distributed Version Control Systems (DVCS). Currently,
Centralized Version Control Systems (CVCS) exhibit a clear dominance in the market.
Based on the deployment type, the global version control systems market can be categorized into
on-premises and cloud-based, where on-premises deployment holds the majority of the total market
Based on the enterprise size, the global version control systems market has been segmented into
large enterprises and small and medium enterprises. Currently, large enterprises represent the
largest market share.
Based on the end use, the global version control systems market can be bifurcated into BFSI,
education, healthcare and life sciences, IT and telecom, retail and CPG, and others. Among these,
the IT and telecom sector currently accounts for the majority of the global market share.
On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle
East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global version control systems market include 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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