Press release
Internet of Things (IoT) Testing at a CAGR of 36.2% Key Players Analysis of Cognizant, Infosys Limited, HCL Technologies Limited, Capgemini, Happiest Minds
Internet of Things (IoT) Testing market Report provides an outlook for current market value as well as the expected growth during 2018-2024. The whole supply chain of Internet of Things (IoT) Testing market has been explained with statistical details with a special emphasis on various upstream and downstream components. The current trends pertaining to the demand, supply, and sales of Internet of Things (IoT) Testing market, together with the recent developments have been given here to provide an exhaustive picture of this market.Global Internet of Things (IoT) Testing Market accounted for USD 324.2 million in 2016 growing at a CAGR of 36.2% during the forecast period of 2017 to 2024.
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Internet of Things (IoT) Market Segment by Manufacturers, this report covers Cognizant, Infosys Limited, HCL Technologies Limited, Capgemini, Tata Consultancy Services Limited, Happiest Minds, AFour Technologies, SmartBear Software, RapidValue Solutions, Rapid7, and others.
Internet of Things (IoT) Testing Market is the practice of helping organizations to improve their performance, operating primarily through the analysis of existing organizational problems and the development of plans for improvement. Organizations may draw upon the services of management consultants for a number of reasons, including gaining external (and presumably objective) advice and access to the consultants' specialized expertise.
Market Segmentation:
The global internet of things (IoT) testing market is segmented on the basis of testing type into functional testing, performance testing, network testing, security testing, compatibility testing, and usability testing.
On the basis of service type, the global internet of things (IoT) testing market is segmented into professional services, and managed services. The professional services segment is further sub segmented into business consulting services, platform testing services, device field testing services, mobile application testing service, device and application management service, training and support services.
On the basis of application, the global internet of things (IoT) testing market is segmented into smart building and home automation, capillary networks management, smart utilities, vehicle telematics, smart manufacturing, and smart healthcare.
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This report focuses on the Internet of Things (IoT) in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Definition: Global Internet of Things (IoT) Testing Market
Internet of Things (IoT) has been the most rapidly growing market in the last few years. The increasing software and devices in IoT has changed the scenario. This has generated demand to test IoT in order to make it work efficiently and effectively and ensuring high quality application. Stability and security are the main factors that are needed to ensure while testing IoT applications. Rising demand of development and operation may act as the major driver in the growth of internet of things (IoT) testing market. On the other side lack of consistency among standards for interconnectivity and interoperability may hamper the market.
Major Market Drivers & Restraints:
• Rising importance of DevOps
• Need for IP testing of rising IoT devices
• API monitoring is set to play a crucial role
• Need for shift left testing of IoT applications
• Micro services driving the development of enhanced IoT applications
• Dead apps pose a formidable restraint to enterprises
• Lack of consistency among standards for interconnectivity and interoperability
Company Share Analysis:
The report for internet of things (IoT) testing market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
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