HashiCorp

Updated Mar 12, 2026
3%
#9

Summary

  • HashiCorp ranks #9 within the DevOps category, maintaining its position month-over-month.
  • As of March 2026, 3% of organizations who have a vendor in the DevOps category use HashiCorp: unchanged at < 1 percentage points from last year.
  • HashiCorp has the highest adoption among enterprise companies (4%), compared to mid-market (4%), small-to-medium businesses (2%), and micro-SMB (2%).
  • HashiCorp key capabilities include infrastructure as code (Terraform), secrets management (Vault), and service networking (Consul), supporting enterprise cloud infrastructure automation.

Are businesses buying HashiCorp?

Key stats

3%
-0% YoY
Mid-Market, 47%
1%
4%
#8
#8

Adoption Rates by company size

Company sizeAdoption rate
SMB2%
Mid-market4%
Enterprise4%

About HashiCorp

HashiCorp is an infrastructure automation platform that provides tools for provisioning, securing, and managing cloud infrastructure. It enables teams to adopt consistent workflows across multi-cloud environments.

About this data

These insights come from Ramp’s procurement and renewal data, built on real-world transactions observed across our platform. Figures represent aggregated observations from Ramp Procurement and Renewals activity.

DateNew adopter shareCompetitor switch rateDominant FTE segmentAdoption rate (Enterprise)Adoption rate (Mid-Market)Adoption rate (SMB)
Feb 20261%4%Mid-Market, 47%4%4%2%
Jan 20260%4%Mid-Market, 48%5%4%2%
Dec 20254%Mid-Market, 50%5%4%2%
Nov 20252%4%Mid-Market, 52%4%4%2%
Oct 20250%4%Mid-Market, 53%5%5%2%
Sep 20250%4%Mid-Market, 52%5%5%2%
Aug 20250%4%Mid-Market, 53%5%5%2%
Jul 20254%Mid-Market, 52%6%5%2%
Jun 20251%4%Mid-Market, 52%5%5%2%
May 20251%4%Mid-Market, 54%5%5%2%
Apr 20250%4%Mid-Market, 53%6%5%2%
Mar 20250%4%Mid-Market, 53%6%5%2%
Feb 20251%4%Mid-Market, 55%6%5%2%
Jan 20250%5%Mid-Market, 55%6%5%2%
Dec 20241%5%Mid-Market, 58%5%5%2%
Nov 20241%5%Mid-Market, 56%5%5%2%
Oct 20241%5%Mid-Market, 55%6%5%2%
Sep 20241%5%Mid-Market, 54%6%4%2%
Aug 20240%5%Mid-Market, 54%6%4%2%
Jul 20240%5%Mid-Market, 53%6%4%2%
Jun 20245%Mid-Market, 52%6%4%2%
May 20242%5%Mid-Market, 55%7%4%2%
Apr 20244%Mid-Market, 55%6%4%2%
Mar 20240%3%Mid-Market, 60%6%4%2%

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