Rapid Advancement in Cloud Infrastructure Boosting the Growth of Cloud Testing Market
According to a new report published by Reports Monitor titled, “Global Cloud Testing Market, Growth Opportunities, Innovations and Forecast, 2017-2025,” the Cloud Testing Market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
Cloud Testing is a software testing methodology in which web traffic is used to test the cloud based web applications. It involves the validation and verification of specific cloud functions such as redundancy and scalability. The major components in the cloud testing are: load testing, to ensure that cloud solution meets the business requirements, stress testing which verifies the data recovery after any crash, security testing to check whether cloud services meet the security measures and finally System Integration and User acceptance testing.
Rapid adoption of cloud services mainly in the developing countries owing to the effective policies and technologies adopted for data protection and cybersecurity. Small and medium scale enterprises are also availing the services due to the budget constraints, this factors majorly result in driving the growth of cloud testing market. However, the laws and regulations governing the cloud computing environment owing to the increased security breaches may result in hampering the market growth. Integration of machine learning, Artificial intelligence with cloud solutions would generate lucrative market opportunities.
This report provides a detailed analysis of Cloud Testing Market, which includes current industry situations such as market size, growth, and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and Porter's analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources and with bottom-up and top-down approaches.
The cloud testing market is majorly segmented on the basis of components used and end-user .Depending upon the, tools used for testing, the market is bifurcated into: functional, performance, GUI, API, Service Virtualization, and Cross browser testing tools. Based on the end-user, the market is segmented into: IT and Telecom, Banking, Finance and Insurance sector, retail and e-commerce, government and defense, transportation and others.
The regional analysis of cloud computing technology is analyzed across: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). The analysis conducted on the regions depicts, that North America is anticipated to hold the major market share owing to the presence of major cloud companies such as Amazon Inc, Microsoft, Google and others. Significant advancement in the testing tools and emergence of API based tools has also contributed in propelling the market growth. Increased adoption and growth of cloud computing services in Japan, Australia and Singapore mainly contributes in the regional growth of Asia Pacific, hence emerging as a fastest growing region.
The major key players operating in the market are: IBM Corporation, Oracle Corporation, CA Technologies, Smartbear Software, Microfocus, Akamai Technologies, Capgemini, Microsoft Corporation, Cavisson System, Tricentis, Cigniti, Cognizant, Damco Group (Testingxperts), Xoriant Corporation, A four technologies, Infostrech Technologies, Invensis.
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