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Internet of Things Testing Market by Testing Type, Service Type, Application Type, and Region - Global Forecast to 2021

Internet of Things Testing Market: Global Forecast until 2021

  • March 2017
  • 129 pages
  • ID: 4773674
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"The Internet of Things testing market is anticipated to grow at a Compound annual growth rate of 35.40 percent from 2016 to 2021 due to the growing importance of DevOps and critical need for IP and shift left testing"

The IoT testing market size is forecasted to grow from $302.90M in 2016 to $1378.50M by 2021, at a compound annual growth rate of 35.40 percent from 2016 to 2021. Companies need flexible infrastructure and platform for developing, testing, and managing applications. DevOps software and solution affords end-to-end planning, coordination, and execution of releases and helps institutions to build collaborative workflows between development and operations to accelerate release cycles of the IoT applications and boost the ROI of enterprises. Nevertheless, for the agile development of IoT applications and DevOps, there is a critical need for pro-active and automated testing tools and solutions to test IoT applications at the required benchmark and ensure the functionality and performance of IoT applications.

"Device field testing professional service type is anticipated to gain maximum traction during the estimate period"

The device field testing service provider affords real-time testing assurance of the device operability and workability in the actual field. Such service providers not only test the devices in the static field environment, but also in the dynamic field environment to assure its actual on field operation to commercial users. Device field testing assures device functionality, compatibility, accessibility, performance, and security to IoT vendors.

"Mobile application testing services segment is expected to have the biggest sector size in IoT testing market during the outlook period'

Mobile application testing services suggested by main testing vendors fundamentally test handheld mobile devices for their functionality, performance, usability, security, among others. Additionally to this testing, lab testing, installation testing, load testing, and memory leakage testing are also carried out on mobile devices for its functionality and usability. Mobile application testing service providers offer both automated and manual mobile application testing to their commercial customers to test both native and hybrid mobile applications.

"North America (NA) is forecasted to have the biggest industry size and Asia Pacific (APAC) is expected to grow at the maximal rate during the estimate period"

North America continent is forecasted to hold the biggest market share during the outlook period. The area maintains main dominance according to its sustainable and well-established economies, which empowers institutions to strongly invest in analysis and growth activities, thereby contributing to the development of new technologies. Different organizations are keen on integrating IoT technologies in their processes that has boosted the increase of the IoT testing market significantly. The Asia-Pac market is anticipated to witness the significant rise and is forecasted to be the quickest-increasing area in the IoT testing market. The territory has a challenging advantage over other regions with many actors providing local cost-efficient solutions, easy availability of trained labors, and flexible regulations & policies.

Moreover, these countries are taking aggressive initiatives to upsurge the IoT infrastructure, enabling commercial users to take the cutting-edge technology. The increasing adoption of trending technologies including SaaS based applications and the increasing demand for fabric virtualization and DevOps application are responsible for the increase ot the IoT testing market.

In the process of finding out and checking the market value for various segments and subsegments collected by secondary research, extensive primary audit sessions were managed with main people. Distribution of profile of primary members taking part is like:

- By Organization: Tier 1 - 30 %, Tier 2 - 40.0 percent and Tier 3 - 30.0 percent

- By Description: C-suite - 72.0 percent, D-level - 14.0 percent, Others - 14.0 percent

- By area: North america (NA) - 57.0 percent, Europe - 14.0 percent, APAC - 29.0 percent

The IoT testing ecosystem comprises main vendors including Cognizant, Infosys, HCL Technologies, Capgemini, TCS, Happiest Minds Technologies, AFour Technologies, SmartBear Software, Rapid Value Solutions, and Rapid7.

Segment Research

The market research includes detailed competitive study of these main actors in the IoT testing market, with their company descriptions, SWOT study, recent evolutions, and key industries strategies. The research document breaks down the IoT testing market by testing type, application type, service type, professional service type and area.

Why acquiring this study can help you

The IoT testing market has been split on the basis of testing type, application type, service type, professional service type, and area. This study will help the industry leaders (and new entrants) in the following aspects:

1. The global IoT testing market in this business report has been defined as the market value for multiple IoT testing services provided by IoT testing service vendors, inclusive of professional and managed IoT testing services. The analysis offers the best approximations of the revenue data for the global market and the subsegments. The industry numbers are further split into localities.

2. The market research benefits the partners comprehend the pulse of the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate the partners to better find out the players and obtain additional insights to better their rank in the business sector. The competitive outlook section includes competitor landscape, new industry product developments, alliances, and mergers & acquisitions.

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