Global Cloud Testing Market, By Component (Testing Tools/Platforms, Services), Service (Professional Services, Managed Services), Vertical (Retail and e-commerce, IT and Telecom, Banking, Financial Services, and Insurance (BFSI), Media and entertainment, Transportation, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The cloud testing market is expected to witness market growth at a rate of 13.05% in the forecast period of 2021 to 2028. Data Bridge Market Research report on cloud testing market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the demand from various industry verticals is escalating the growth of cloud testing market.
Cloud testing refers to a component of software testing to test cloud-based Web applications with simulated, real-world Web traffic. These possess the ability of verifying the cloud functions such as redundancy and performance scalability. Cloud testing has become necessary to reinforce business requirements and functional system. The main function of the cloud testing is for identifying relevant testing types and creating cloud testing environment.
The rise in cloud adoption across the globe acts as one of the major factors driving the growth of cloud testing market. The adoption of cloud testing as they facilitate better communication in terms of planning, test execution, and strategizing process, and reduced cost of ownership accelerate the market growth. The availability of various solutions such as API testing, Graphical User interface, performance and load testing, cross browser testing, service virtualization and functional testing, and flexible and scalable delivery model further influence the market. Additionally, expansion of end use industries, use of new technologies and BYOD trend, increase in investments and adoption of cloud-based technologies positively affect the cloud testing market. Furthermore, rise in demand for develops and agile practices for SDLC and advancements in IoT and machine learning technologies extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, stringent government rules and regulations, and data security concerns are expected to obstruct the market growth. Lack of skilled cloud testing professionals is projected to challenge the cloud testing market in the forecast period of 2021-2028.
This cloud testing market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on cloud testing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Cloud Testing Market Scope and Market Size
The cloud testing market is segmented on the basis of component, service and vertical. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of component, the cloud testing market is segmented into testing tools/platforms and services. testing tool/platform is further segmented into functional testing tools, performance/load testing tools, graphical user interface (GUI) testing tools, application programming interface (API) testing tools, service virtualization tools, and cross browser testing tools.
- On the basis of service, the cloud testing market is segmented into professional services and managed services.
- On the basis of vertical, the cloud testing market is segmented into retail and ecommerce, IT and telecom, banking, financial services, and insurance (BFSI), media and entertainment, transportation, and others.
Cloud Testing Market Country Level Analysis
The cloud testing market is analyzed and market size, volume information is provided by country, component, service and vertical as referenced above.
The countries covered in the cloud testing market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the cloud testing market due to the increase in the adoption of cloud computing solutions among various verticals, such as IT and telecom, BFSI, and retail and e-commerce within the region. Asia-Pacific is expected to witness highest growth during the forecast period of 2021 to 2028 because of the rise in adoption of bringing your own devices (BYOD) by SMEs and large enterprises in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Cloud Testing Market Share Analysis
The cloud testing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to cloud testing market.
The major players covered in the cloud testing market report are Micro Focus, SmartBear Software, Tricentis, Akamai Technologies, Microsoft, CYGNET INFOTECH, Cavisson Systems Inc., Cigniti Technologies, Cognizant, Capgemini, Neotys, Invensis Technologies Pvt Ltd, Codoid, Qualitest Group, CresTech Software Systems., CG-VAK Software & Exports Ltd., VOLANSYS Technologies, Etelligens Technologies, IBM Corporation, and Oracle, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.