According to market research report "Cloud Testing Market by Component
(Testing Tools/Platforms and Services), Testing Tool/Platform (Functional
Testing, API Testing), Service (Managed Services and Professional Services),
Vertical, and Region - Global Forecast to 2022", The cloud testing
market is expected to grow from USD 5.55 Billion in 2017 to USD 10.24 Billion
by 2022, at a Compound Annual Growth Rate (CAGR) of 13.01% during the forecast
period.
The increasing adoption of the cloud technology
across businesses, reduced cost of ownership, and the scalability and
flexibility offered by cloud-based testing platforms are some of the major
factors expected to drive the growth of the cloud testing market.
Browse and
in-depth TOC on “Cloud Testing Market”
102
- Tables
33
- Figures
140
- Pages
The functional testing tools segment is expected to
have the largest market size during the forecast period.
Functional testing, being a staple of Quality
Assurance (QA) management, ensures the Application Under Test (AUT) complies
with the business requirements. Cloud-based functional testing tools offer
several advantages, such as quick setup and tool deployment, high productivity,
and shorter test cycles. They enable the test teams to test applications from
anywhere in the world, thereby improving the collaboration between disparate
team members.
The retail and eCommerce vertical is expected to
have the largest market size during the forecast period.
The retail and eCommerce vertical include online
retailers who leverage the cloud technology to provide their offerings to their
customers. The increasing competition among eCommerce giants is acting as a
threat to the brick-and-mortar stores, with a rising number of online retailers
operating through web and mobile apps. Thus, customer service and satisfaction
are of foremost importance to these retailers which can be achieved through
continuous delivery and uninterrupted functioning of the digital offerings.
Cloud testing tools and services offer on-demand services to these retailers to
load test their applications that are accessed by multiple users per second.
This eases the load testing of the applications and scales up the tests
whenever required, thereby facilitating continuous delivery.
The rapid adoption of the cloud technology, due to
the scalability and flexibility offered by the cloud environment is expected to
make North America the largest market, in terms of the global share.
North America consists of developed economies, such
as the United States (US) and Canada. In this region, cloud-based applications
are gaining traction among the QA and test teams. The region’s strong financial
position also enables it to invest heavily in advanced testing tools and
technologies. These advantages have provided North American organizations a
competitive edge in the market. Moreover, the region has the presence of
several major cloud testing vendors. Therefore, there is strong competition
among the players. The number of enterprises adopting cloud testing solutions
and services is quite high in North America as compared to the other regions.
The major vendors who offer cloud testing solutions
and services across the globe are IBM (US), Oracle (US), CA Technologies (US),
Micro Focus (UK), SmartBear Software (US), SOASTA (US), Xamarin (US), Cygnet
Infotech (India), Cavisson Systems (US), Tricentis (Austria), Cigniti (India),
Cognizant (US), and Capgemini (France). These vendors have adopted various
organic and inorganic growth strategies, such as new product launches,
partnerships, and collaborations, to enhance their position in the cloud
testing market.
Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
No comments:
Post a Comment