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The global cloud testing market size is expected to reach USD 21.67 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Global cloud testing market revenue growth is driven by key factors such as rising application of cloud computing technologies, steady digital transformation trend, and increasing need to test the security and scalability of cloud infrastructure. Cloud testing solutions are also known as cloud-based testing solutions. These are a form of software testing that monitors physical as well as virtual components that include storage, web application, network performance, security, scalability, and reliability.
Cloud testing can be divided into four main categories based on the user’s requirements such as testing the entire cloud, testing elements within a cloud, testing across clouds, and SaaS testing. Testing the entire cloud involves testing based on specific features of the cloud infrastructure. Retail and e-commerce segment accounted for largest revenue share in the global market in 2020. Rising need for frequent security monitoring, load, and performance testing of web based applications are some major factors driving revenue growth of this segment.
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Some Key Findings From the Report:
In March 2021, Tricentis acquired Neotys. This acquisition will help Tricentis to accelerate digital transformation of enterprises with the help of automated software testing.
Testing platforms and tools segment is expected to register a 13.6% CAGR throughout the forecast period. This can be attributed to rising need for functional testing and performance testing in IT and telecom sectors.
Asia Pacific is expected to register the fastest revenue CAGR throughout the forecast period. Development of retail, IT and telecom industry, rising investment in cloud network infrastructure, and growing adoption of cloud computing solutions are some key factors propelling revenue growth of the market in this region.
Key players operating in the market are IBM, Oracle, CA Technologies, Micro Focus, SmartBear Software, SOASTA, Xamarin, Cygnet Infotech, Cavisson Systems, and Cigniti Technologies Limited.
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Component Outlook (Revenue, USD Billion; 2018–2028)
Testing Platforms and Tools
Functional Testing Tools
Performance or Load Testing Tools
GUI Testing Tools
API Testing Tools
Service Virtualization Tools
Cross Browser Testing Tools
Services
Professional Services
Managed Services
Organization Size Outlook (Revenue, USD Billion; 2018–2028)
Small and Medium Enterprises
Large Enterprises
End-Use Outlook (Revenue, USD Billion; 2018–2028)
Retail and E-Commerce
Transportation
IT and Telecom
BFSI
Media and Entertainment
Others
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Key questions answered in the report
What will be the market size in terms of value and volume in the next five years?
Which segment is currently leading the market?
In which region will the market find its highest growth?
Which players will take the lead in the market?
What are the key drivers and restraints of the market’s growth?
The report segments the Cloud Testing market on the basis of geography, end-user, end-use, product application, type, share, growth rate and size to reveal where the industry will be in the coming years. The researchers assessing the industry have included the details about the recent decisions and events such acquisition and mergers, collaborations, product launch and investments. Important decisions connected with such events come handy for business owners when positioning their brands in the global market and finalizing the marketing strategies.
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Cloud Testing Market Segmentation & Impact Analysis
4.1. Cloud Testing Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Stringent environmental regulations
4.2.2.2. Rising need to reduce bacterial or algal contamination in water systems
4.2.2.3. Increasing demand for biocides for municipal water treatment
4.2.3. Market restraints analysis
4.2.3.1. Fluctuating prices of raw material
4.2.3.2. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Cloud Testing Market By Application Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Cloud Testing Market By Product type Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. Cloud Testing Market Regional Outlook
Chapter 8. Competitive Landscape
Continued…
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