Cloud Testing Market – Global Industry Analysis and Forecast (2022-2029) by Component, Testing Tool/Platform, Service, Vertical, and Region

Cloud Testing Market size was valued at US$ 9.46 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 13.01% from 2022 to 2029, reaching nearly US$ 25.17 Bn.

Cloud Testing Market Overview:

Cloud Testing Market is expected to reach US$ 19.71 Bn. by 2029. Cloud testing is the practise of checking the quality of software on the cloud. In reality, this means conducting human and automated testing in a cloud computing environment equipped with the necessary infrastructure. This report focuses on the different segments of the Cloud Testing market (Component, Testing Tool/Platform, Service, Vertical, and Region). The major industry players and regions are thoroughly examined in this report (North America, Asia Pacific, Europe, Middle East & Africa, and South America). It's a thorough examination of today's quick advancements in a variety of industries. The major data analysis for the historical era from 2017 to 2020 is presented using facts and numbers, visualisations, and presentations. The market drivers, restraints, opportunities, and challenges for Cloud Testing are examined in this report. The MMR report's investment suggestions are based on a thorough examination of the current competitive environment in the Cloud Testing market. Cloud Testing Market To know about the Research Methodology :- Request Free Sample Report

Cloud Testing Market Dynamics:

The ability of cloud sourcing technology in software testing activities to execute quality assurance (QA) and bug removal is driving up demand for cloud testing. Due to the emergence and growing adoption of DevOps and the cloud, as well as other efficient and automated services, the cloud testing market is experiencing positive growth. DevOps and cloud environments can enable highly scalable, diverse, and complex testing and configuration environments, allowing vendors to efficiently push code through all types of tests without worrying about server configurations, deployment issues, or bottlenecks, allowing the company to focus on innovation and product improvement. The rising adoption of machine learning (ML) across a variety of industries is also driving demand for these testing solutions. In the banking industry, machine learning is being used to model real-time transactions, and machine learning combined with AI technology can better determine fraudulent transactions. During the forecast period, organisations who are ready to enter this digital arena will experiment with high-impacting scenarios produced by ML. Testing solution providers must be able to recognise changing trends in the testing sector in order to remain competitive in the market, and they may be required to build testing scenarios that can validate all conceivable outcomes on a regular basis. Furthermore, many multinational corporations had quickly embraced the cloud to streamline operations, save money, and improve their competitiveness. As a result, cloud testing is now required to verify the system's functionality and business needs. In addition to cloud experience, cloud testing engineers must have a broad understanding of various types of testing and technology. Businesses have suffered severely as COVID-19 has spread over the world. Some industry players have launched a number of steps to combat the crisis, which has a good impact on the market.

Cloud Testing Market Segment Analysis:

The Cloud Testing Market is segmented by Component, Testing Tool/Platform, Service, and Vertical. Based on the Vertical, the market is segmented into Retail and ecommerce , IT and telecom, Banking, Financial Services, and Insurance (BFSI), Media and entertainment, Transportation, and Others (education, healthcare, and sports and leisure). IT and telecom segment is expected to hold the largest market share of xx% by 2029. IT and telecom enterprises may use cloud testing to get immediate feedback on the mainframe and supercharge innovation without the danger of bottlenecks disrupting operations, affecting customer experiences, or affecting revenue. On the mainframe, businesses can improve quality, velocity, and efficiency while reducing the shortage of competent developers. AWS launched distributed load testing v1.1 in October 2020. The AWS Distributed Demand Testing service allows users to easily simulate thousands of people connecting to their application, allowing them to better understand how their application performs under load. Without needing to provision servers, the solution launches and configures containers on AWS Fargate to generate a particular number of transactions per second. Based on the Component, the market is segmented into Testing tools/platforms, and Services. Testing tools/platforms segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2022-2029. Testing tools/platforms enables online and mobile testing across numerous settings and computers without the need to develop your own infrastructure. Furthermore, cloud testing typically includes real-time user traffic monitoring and reporting, as well as load balancing and stress testing for a variety of simulated usage scenarios.

Cloud Testing Market Regional Insights:

The North American region is expected to dominate the Cloud Testing Market during the forecast period 2022-2029. The North American region is expected to hold the largest market share of xx% by 2029. Because of the region's significant use of cloud technology by end-user sectors like BFSI, healthcare, retail, and e-commerce, among others. The adoption of cloud testing services in the BFSI sector in the region is expected to be driven by the advent of omnichannel banking services and significant digitalization across the banking sector. Due to factors such as the presence of numerous firms with advanced IT infrastructure and the availability of technical skills, the region is the most mature market in terms of cloud computing services adoption. Furthermore, the region has a high presence of cloud testing suppliers, which helps to market growth. IBM Corporation, Oracle Corporation, SOASTA Inc. (Akamai Technologies Inc.), and Microsoft Corporation are among them. The regional market's growth is expected to be driven by firms' increasing collaborative efforts to produce new and creative solutions. Cloud-based applications are in high demand among QA and test teams across the region. The excellent financial standing has resulted in increased investment in improved testing techniques and technology. The objective of the report is to present a comprehensive analysis of the Global Cloud Testing Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Global Cloud Testing Market dynamic and structure by analyzing the market segments and projecting the Global Cloud Testing Market size. Clear representation of competitive analysis of key players by Distribution Channel, price, financial position, product portfolio, growth strategies, and regional presence in the Cloud Testing Market make the report investor’s guide.

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Global Cloud Testing Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2029
Historical Data: 2017 to 2021 Market Size in 2021: US $ 9.46 Bn.
Forecast Period 2022 to 2029 CAGR: 13.01% Market Size in 2029: US $ 25.17 Bn.
Segments Covered: by Component • Testing tools/platforms • Services
by Testing Tool/Platform • Functional testing tools • Performance/load testing tools • Graphical User Interface (GUI) testing tools • Application Programming Interface (API) testing tools • Service virtualization tools • Cross browser testing tools
by Service • Professional services • Managed services
by Vertical • Retail and ecommerce • IT and telecom • Banking, Financial Services, and Insurance (BFSI) • Media and entertainment • Transportation • Others (education, healthcare, and sports and leisure)

Cloud Testing Market, by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Cloud Testing Market Key Players

• IBM • Oracle • CA Technologies • Micro Focus • SmartBear Software • SOASTA • Xamarin • Cavisson Systems • Tricentis • Cigniti • Cognizant • Capgemini • Akamai Technologies • Microsoft • CYGNET INFOTECH • Neotys • Invensis Technologies Pvt Ltd • Codoid • Qualitest Group • CresTech Software Systems Frequently Asked Questions: 1] Which region is expected to hold the highest share in the Cloud Testing Market? Ans. North America is expected to hold the highest share in the Cloud Testing Market. 2] Who are the top key players in the Cloud Testing Market? Ans. IBM, Oracle, CA Technologies, Micro Focus, SmartBear Software, SOASTA, and Xamarin are the top key players in the Cloud Testing Market. 3] Which segment is expected to hold the largest market share in the Cloud Testing Market by 2029? Ans. IT and telecom segment is expected to hold the largest market share in the Cloud Testing Market by 2029. 4] What is the market size of the Cloud Testing Market by 2029? Ans. The market size of the Cloud Testing Market is expected to reach US $ 25.17 Bn. by 2029. 5] What was the market size of the Cloud Testing Market in 2021? Ans. The market size of the Cloud Testing Market was worth US $ 9.46 Bn. in 2021.
1. Global Cloud Testing Market: Research Methodology 2. Global Cloud Testing Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to the Global Cloud Testing Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Cloud Testing Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Cloud Testing Market Segmentation 4.1 Global Cloud Testing Market, by Component (2021-2029 • Testing tools/platforms • Services 4.2 Global Cloud Testing Market, by Testing Tool/Platform (2021-2029 • Functional testing tools • Performance/load testing tools • Graphical User Interface (GUI) testing tools • Application Programming Interface (API) testing tools • Service virtualization tools • Cross browser testing tools 4.3 Global Cloud Testing Market, by Service (2021-2029 • Professional services • Managed services 4.4 Global Cloud Testing Market, by Vertical (2021-2029 • Retail and ecommerce • IT and telecom • Banking, Financial Services, and Insurance (BFSI) • Media and entertainment • Transportation • Others (education, healthcare, and sports and leisure) 5. North America Cloud Testing Market (2021-2029 5.1 North America Cloud Testing Market, by Component (2021-2029 • Testing tools/platforms • Services 5.2 North America Cloud Testing Market, by Testing Tool/Platform (2021-2029 • Functional testing tools • Performance/load testing tools • Graphical User Interface (GUI) testing tools • Application Programming Interface (API) testing tools • Service virtualization tools • Cross browser testing tools 5.3 North America Cloud Testing Market, by Service (2021-2029 • Professional services • Managed services 5.4 North America Cloud Testing Market, by Vertical (2021-2029 • Retail and ecommerce • IT and telecom • Banking, Financial Services, and Insurance (BFSI) • Media and entertainment • Transportation • Others (education, healthcare, and sports and leisure) 5.5 North America Cloud Testing Market, by Country (2021-2029 • United States • Canada • Mexico 6. Europe Cloud Testing Market (2021-2029 6.1. Europe Cloud Testing Market, by Component (2021-2029 6.2. Europe Cloud Testing Market, by Testing Tool/Platform (2021-2029 6.3. Europe Cloud Testing Market, by Service (2021-2029 6.4. Europe Cloud Testing Market, by Vertical (2021-2029 6.5. Europe Cloud Testing Market, by Country (2021-2029 • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Cloud Testing Market (2021-2029 7.1. Asia Pacific Cloud Testing Market, by Component (2021-2029 7.2. Asia Pacific Cloud Testing Market, by Testing Tool/Platform (2021-2029 7.3. Asia Pacific Cloud Testing Market, by Service (2021-2029 7.4. Asia Pacific Cloud Testing Market, by Vertical (2021-2029 7.5. Asia Pacific Cloud Testing Market, by Country (2021-2029 • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. South America Cloud Testing Market (2021-2029 8.1. South America Cloud Testing Market, by Component (2021-2029 8.2. South America Cloud Testing Market, by Testing Tool/Platform (2021-2029 8.3. South America Cloud Testing Market, by Service (2021-2029 8.4. South America Cloud Testing Market, by Vertical (2021-2029 8.5. South America Cloud Testing Market, by Country (2021-2029 • Brazil • Argentina • Rest Of South America 9. Middle East and Africa Cloud Testing Market (2021-2029 9.1 Middle East and Africa Cloud Testing Market, by Component (2021-2029 9.2. Middle East and Africa Cloud Testing Market, by Testing Tool/Platform (2021-2029 9.3. Middle East and Africa Cloud Testing Market, by Service (2021-2029 9.4. Middle East and Africa Cloud Testing Market, by Vertical (2021-2029 9.5. Middle East and Africa Cloud Testing Market, by Country (2021-2029 • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 10. Company Profile: Key players 10.1 IBM 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Oracle 10.3 CA Technologies 10.4 Micro Focus 10.5 SmartBear Software 10.6 SOASTA 10.7 Xamarin 10.8 Cavisson Systems 10.9 Tricentis 10.10 Cigniti 10.11 Cognizant 10.12 Capgemini 10.13 Akamai Technologies 10.14 Microsoft 10.15 CYGNET INFOTECH 10.16 Neotys 10.17 Invensis Technologies Pvt Ltd 10.18 Codoid 10.19 Qualitest Group 10.20 CresTech Software Systems

About This Report

Report ID 1510
Category Information Technology & Telecommunication
Published Date sep 2019
Updated Date Sep 2022
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