Global Internet of Things (IoT) Testing Market
Internet of Things (IoT) testing is focused on the recording of performance and checking whether or not these devices are fulfilling their tasks. This method involves checking for their performances in real-world environment. The main objective of this service is to collect insights and information regarding the interconnectivity of devices which can help in reducing the incidences of failures associated with the IoT devices.
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Internet of Things (IoT) testing market is growing due to micro services are increasing the development of IoT applications, growing need of IP testing of rising IoT devices; the effects of these factors are mentioned below:
- Micro services are increasing the development of IoT applications: Integration of IoT applications in a more systemized method with the help of micro services and containers in the development process has given rise to more efficient and effective IoT applications’ performances. This method streamlines the entire process in isolated units that work independently which results in lower failures associated with the entire IoT ecosystem. This method also reduces the overall cost of deployment for IoT systems and development as it is broken down into simple-easy to construct formats. This trend will subsequently result in greater demands for IoT testing as it is dependent on the volume of IoT devices and applications being developed for commercialization
- Growing need of IP testing of rising IoT devices: Another factor that is enhancing the rate of growth for IoT testing services is the increasing demands for IP testing for these devices, components and systems that can help reduce the chances of failures of IoT devices. IP testing involves testing, whether or not these devices can connect to the internet protocols effectively without fail
Some of the key market developments are as follows:
- In December 2017, Huawei Technologies Co., Ltd. announced that they will be establishing a testing and certification facility for the Australia region which will be used for testing narrowband internet of things (NB-IoT) devices, sensors and monitors. This facility is being established due to the agreement between James Cook University (JCU) and Enex TestLab. This facility will be able to provide certification of devices and sensors as per the “National Association of Testing Authorities (NATA)
- In July 2017, TEOCO Corporation announced that they had acquired CETECOM’s “Mobile Communications Testing Services (CTS MC)” subsidiary for the United States region. This acquisition will help in development of an important relationship between the two organizations helping them provide high-quality testing services to carriers and OEMs. This acquisition will help in establishing TEOCO Corporation as an all-round provider of devices and IoT testing
The market is segmented on the basis of testing as functional testing, performance testing, network testing, security testing, compatibility testing, usability testing; services is categorized into professional services, managed services; application as smart building & home automation, capillary networks management, smart utilities, vehicle telematics, smart manufacturing, smart healthcare.
“According to Data Bridge Market Research, global internet of things (IoT) testing market is expected to be growing with a healthy CAGR of 34.7% during the forecast period of 2019 to 2026”
Some of the major players operating in market are Praetorian Group, Inc., Trustwave Holdings, Inc, Novacoast, Inc., Apica, SAKSOFT, RapidValue Solutions, Happiest Minds, HCL Technologies Limited, Tata Consultancy Services Limited, SmartBear Software, Rapid7, Capgemini, Infosys Limited, Cognizant, Ixia, Keysight Technologies Beyond Security., AFour Technologies, Biz4Group, HQSoftware and IQ DIRECT INC among others.
One of the major opportunity being made available to the IoT device manufacturers and IoT device providers is the testing service through the help of virtual methods, this results in significant reduction of overall logistics cost and also with the overall quality of service. It also reduces the cost of development and deployment of IoT devices which is giving rise to greater demands for this method.
