The Code Review Market is predicted to grow at an 8.24% CAGR during the forecast period for 2024-2031.
Code review is the systematic method by which developers' tools examine and assess source code in order to find errors, guarantee code quality, and uphold standards compliance, improving the general functioning, security, and maintainability of software programs. The necessity of error-free software is driving the market for code review, growing concerns about cybersecurity, and the increasing importance of code quality.
The need for collaborative development workflows and the development of automated technologies are also driving the market's expansion. Furthermore, the code review market could see growth in the next years due to businesses in the code review industry concentrating on creating cutting-edge solutions to improve teamwork, expedite code analysis, and guarantee security. They collaborate directly with businesses to enhance software development processes and raise the calibre of code by utilizing automation, artificial intelligence, and integrations.
However, the high infrastructure cost of code review, the need for qualified personnel, and the strict regulations have hindered the market growth. Additionally, the demand for code review solutions to assist distant development teams increased as a result of the COVID-19 pandemic, which hastened the adoption of remote work. However, economic uncertainty hindered overall market growth by delaying investments in innovative solutions, especially among small and medium-sized businesses. The increasing investment in code review innovative technology and efficient utilization also presents an opportunity for the code review market.
Competitive Landscape
Some Major Key Players In The Code Review Market:
- GitHub
- Bitbucket
- GitLab
- Gerrit
- Crucible
- Review Board
- Upsource
- Phabricator
- CodeClimate
- Codacy
- CodeScene
- CodeFactor
- Codebrag
- OverOps
- DeepSource
- Better Code Hub
- CodeGuru
- SonarCloud
- Sider
- CodeStream
- CodeCollaborator
- CodeSonar
- PullApprove
- Codetree
- Other Market Players
Market Segmentation:
The code review market is segmented based on type, application, and organization size. Based on the type, the market is segmented into on-premise and cloud-based. By application, the market is segmented into individual and enterprise. The organization size segment is further categorised into small, medium, and large.
Based On The Type, The On-Premise Segment Is Accounted As A Major Contributor To The Code Review Market.
On-premise is expected to hold a major global market share in 2023 in the code review market because of its superior data security, personalization options, and command over delicate codebases. Additionally, their preference for cloud-based alternatives is driven by businesses with stringent compliance requirements, such as healthcare and finance, where safeguarding intellectual property and upholding regulatory standards are essential, which is driving the segment growth.
Enterprise Segment To Witness Growth At A Rapid Rate
The enterprise segment is growing in the code review market because of the necessity for effective teamwork among big development teams, the growing popularity of DevOps approaches, and the increased emphasis on enhancing code review security and quality. Moreover, code review solutions are highly valued by enterprises for their ability to simplify processes, guarantee conformity with industry standards, and shorten software product time-to-market. This is driving significant growth in the code review market.
In The Region, The North American Code Review Market Holds A Significant Revenue Share.
The North American code review market is expected to note the highest market share in revenue in the near future. This can be attributed to state-of-the-art information technology infrastructure, heightened emphasis on cybersecurity, and the existence of prominent tech companies investing in developing code review solutions. In addition, the Europe is expected to grow rapidly in the code review market because the IT industry is growing, more people are using software development tools, digital transformation is getting more attention, and the government supports technology innovation in emerging economies.
Recent Developments:
- In September 2022, Codacy, a platform that assists software development teams in delivering high-quality code more efficiently, has secured $15 million in a Series B fundraising round to leverage this market opportunity. The recently acquired funding will assist Codacy in its continuous endeavors to enable engineering teams to realize their full potential by offering insights into the development process.
Code Review Market Report Scope
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Report Attribute |
Specifications |
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Growth Rate CAGR |
CAGR of 8.24% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
Type, Application, Organization Size |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
GitHub, Bitbucket, GitLab, Gerrit, Crucible, Review Board, Upsource, Phabricator, CodeClimate, Codacy, CodeScene, CodeFactor, Codebrag, OverOps, DeepSource, Better Code Hub, CodeGuru, SonarCloud, Sider, CodeStream, CodeCollaborator, CodeSonar, PullApprove, Codetree, Gitcolony and Others |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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