Cloud Testing Market Highlights:
The Cloud Testing Market will touch USD 11 billion
at a 13% CAGR between 2017- 2023, as per the Market Research Future (MRFR)
analysis. Cloud-based testing, simply put, is to monitor, test, measure, and
control activities in infrastructure and environment that are cloud-based by expanding
the cloud solutions and technologies.
Various factors are propelling the marketing cloud’s
sales. As per the MRFR report, such factors include the growing adoption of
cloud technology across different industries, flexibility and scalability offered
by Cloud Testing Market, reduced cost of ownership, surging digitalization,
increasing use of mobile and web applications across the world, a surge in
e-commerce companies, and rise in online retailers.
On the contrary, the need for new environment infrastructure
to develop the project, high investments to establish the testing environment,
changing consumer demands, currency fluctuations, and the current COVID-19
outbreak may deter the marketing cloud production growth.
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Major Key Players:
Key contenders profiled in the global cloud testing
market report include Invensis (India), Infostrech Technologies (U.S.), A four
technologies (India), Xoriant Corporation (U.S.), Damco Group (Testingxperts)
(U.S.), Cognizant (U.S.), Cigniti (India), Tricentis(Austria), Cavisson System
(U.S.), Microsoft Corporation (U.S.), Capgemini (France), Akamai Technologies (U.S.),
Microfocus (U.K.), Smartbear Software (U.S.), CA Technologies (U.S.), Oracle
Corporation (U.S.), and IBM Corporation (U.S.).
Market Segmentation:
The Market Research Future Report highlights an
inclusive segmental analysis of the global cloud testing market based on end
user, deployment, and component.
By component, the global cloud testing market is
segmented into platform and services. The services segment is again segmented
into managed services and professional services. The professional services is
again segmented into training services, implementation services, and consulting
services. The platform services is again segmented into performance testing,
capacity testing, stress testing, service virtualization, application
programming interface testing, load testing, and others. Of these, the platform
segment will lead the market over the forecast period.
By deployment, the global cloud testing market is
segmented into hybrid, public, and private.
By end user, the global cloud testing market is segmented
into travel and hospitality, transportation and logistics, retail, media and
entertainment, manufacturing, healthcare, telecom and IT, energy and utilities,
and BFSI. Of these, the retail segment will dominate the market over the
forecast period.
Regional Analysis:
By region, the global cloud testing market covers
the market opportunities, performance scalability, and recent trends across
Europe, North America, the Asia Pacific (APAC), & the Rest of the World
(RoW). Among these, North America will dominate the market over the forecast
period. Rise in the number of cloud-based organizations that need frequent
testing and maintenance services, heavy investments in R&D of advanced
testing tools and technologies, presence of many cloud testing vendors, technological
advances, commercialization of different IoT based services and products, the
advent of BYOD policies, and rising collaborative efforts between industry
players to develop innovative and new solutions are adding to the global cloud
testing market growth in the region.
In Europe, the global cloud testing market is
predicted to hold the second-largest share over the forecast period. The
growing adoption of BYOD by large enterprises and SMEs is adding to the global
cloud testing market growth in the region. Germany, France, and the UK have the
utmost share in the market.
In the APAC region, the global cloud testing market
is predicted to grow at a fast pace over the forecast period. Growing adoption
of cloud-based services in IT and telecom sectors, an increase in different
e-commerce platforms, rising adoption by SMEs to reduce capital expenditure,
and supportive government initiatives are adding to the global cloud testing
market growth in the region.
In the RoW, the global cloud testing market is
predicted to have sound growth over the forecast period.
Table of Contents
1 Executive
Summary
2 Scope
of the Report
2.1 Market
Definition
2.2 Scope
of the Study
2.2.1 Research
objectives
2.2.2 Assumptions
& Limitations
2.3 Markets
Structure
3 Market
Research Methodology
3.1 Research
Process
3.2 Secondary
Research
3.3 Primary
Research
3.4 Forecast
Model
Continued…
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