Version Control Systems Market 2021 by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2031
The version control systems market study by Future Market Insights (FMI) offers insights into key segments including type and deployment. As per the report, the leading market players are adopting various organic and inorganic strategies as they aim for expanding their footprint globally. As per Future Market Insights (FMI), the global market for version control systems (VCS) is projected to expand at a CAGR of 10.7% over the forecast period 2021-2031, totaling US$ 629.3 Mn in 2021. Despite logistical challenges amid restrictions imposed to contain the pandemic in 2020, the market is forecast to register 9.3% year-on-year growth in 2021. Surge in demand for automation and digitalization in the software development process is creating favourable environment for growth of the version control systems market. Besides this, increasing need for user-friendly solutions is accelerating demand for automated tracking tools and software solutions. This in turn presenting a positive demand