Internet of Things (IoT) Testing Market 2019 Global Leaders: Capgemini, TCS, Infosys, HCL Technologies, Keysight technologies, AFour Technologies, SmartBear Software

Market Research Future published a research report on “Internet of Things (IoT) Testing Market Research Report- Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Market Synopsis:

As per the assessment presented by Market Research Future (MRFR), the global Internet of Things (IoT) testing market is expected to strike an exponential CAGR of 33% during the forecast period 2016 to 2022. The report indicates that the global market is anticipated to scale a valuation of USD 1708 Mn by the end of 2022. The growth of the IoT industry has led to an upsurge in the adoption of connected devices across different industry verticals. This is projected to drive the expansion of the market over the next couple of years.

The growing need for the testing of Internet Protocol (IP) coupled with the need for testing of IoT applications is likely to have a positive influence on the growth of the Internet of Things (IoT) testing market in the foreseeable future.

The Internet of Things (Iot) Testing Market is prognosticated to attract massive investments in the years to come and witness a drastic rise in applications. It is projected to have a favorable impact on the proliferation of the market across the review period. On the contrary, factors such as hardware-software mesh, safety concerns, privacy issues, network availability, real-time complexity & scalability of the system, etc. are poised to hinder market growth.

Key Players

The prominent players in the Internet of Things (IoT) Testing market are Cognizant (U.S.), Keysight technologies (U.S.), Infosys (India), HCL Technologies (India), Capgemini (France), TCS (India), Happiest Minds Technologies (India), AFour Technologies (U.S.), SmartBear Software (U.S.), Rapid Value Solutions (U.S.), and Rapid7 (U.S.) among others

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Global Internet of Things (IoT) Testing Market - Segmentation

The Internet of Things (IoT) Testing Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Testing Type: Comprises upgrade testing, regulatory testing, pilot testing, compatibility testing, performance testing, network connectivity testing, usability testing among others
Segmentation by Application: Comprises smart appliances, smart energy meters, wearable devices, connected cars and smart health devices among others.
Segmentation by testing tools: Comprises software tools (wireshark, tcpdump), hardware tools (JTAG dongle, digital storage oscilloscope, software defined radio) among others.
Segmentation by regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Global Internet of Things (IoT) Testing Market - Regional Analysis

It has been observed that North America is dominating the Internet of Things (IoT) Testing market owing to many factors as, presence of developed economies such as United States, Canada, high investing capacity, and high adoption of internet of things (IoT). Apart from it, development of new technologies such as IoT, Big data and others by many organization will have positive impact on market of Internet of Things (IoT) Testing in this region. The Internet of Things (IoT) Testing market shows a steady and considerable growth in Asia-Pacific region, owing to factors such as rising internet of things penetration and larger investments by communication service providers and cloud service providers.

Industry News:

In March 2019, Arm, a British multinational semiconductor and software design company, has announced the introduction of certification testing for the Internet of Things (IoT).
In March 2019, Russian mobile operator MTS has announced the completion of its testing of international roaming services on the Narrow Band IoT (NB – IoT) network in Belarus.
In March 2019, SGS, a multinational company headquartered in Geneva, Switzerland, has secured SGS Accredited Test Lab (ATL) status from Sigfox, a pioneering Internet of Things (IoT) services provider, for its certification facilities in New Taipei City (Taiwan), Shenzhen (China), and Espoo (Finland).
In March 2019, CTIA, a wireless industry association, has approved its first device under the Internet of Things (IoT) Cybersecurity Device Program.
In February 2019, Arm, a British multinational semiconductor and software design company, has partnered with Vodafone and China Unicom on a security certification process for the Internet of Things (IoT) devices.
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Intended Audience

Technology investors
Key market innovators
Hardware vendors
Regulatory agencies
IoT testing providers
IoT service providers
Communication service providers
Quality assurance providers
IoT platform providers
Third-party system integrators
Application providers
Research/Consultancy firms

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This release was published on openPR.