IoT Testing Market Industry Trends And Emerging Opportunities, Top Key Players by 2030 | Impact of COVID-19 Analysis

The Business Research Company offers "IoT Testing Global Market Report 2020-30: Covid 19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The global iot testing market is expected to grow from $0.8 billion in 2019 to $0.8 billion in 2020 at a compound annual growth rate (CAGR) of 2%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 32% from 2021 and reach $1.7 billion in 2023.

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The IoT (internet of Things) testing market consists of sale of testing services. IoT testing services include usability, security, connectivity, performance, regulatory testing, and others. IoT is a system of connected devices which can communicate and interact with each other and can be accessed through internet.

The IoT testing market lacks uniform standards for privacy and security that acts a barrier for growth of this market. IoT devices stores large data of the users which are vulnerable to hackers and currently the standards do not exist to monitor devices and interfaces. According to a survey conducted by Forbes in 2017, 98% of the respondents suppose that security issues will increase as the number of devices are rapidly increasing. For example, in 2017, FDA recalled half a million RF enabled pacemakers of St Jude Medical when security issues were reported. Lack of regulatory standards puts the users at risk, restraining them from using IoT enabled devices thereby impacting the IoT testing market negatively.

IoT Testing Market Segmentation:
By Testing Type
Functional Testing
Usability Testing
Security Testing
Compatibility Testing
Performance Testing
Network Testing

By Testing Tools
Software Tools
Hardware Tools

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Few Points From Table Of Content
1. Executive Summary
2. IoT Testing Market Characteristics
3. IoT Testing Market Size And Growth
4. IoT Testing Market Segmentation
5. IoT Testing Market Regional And Country Analysis
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25. IoT Testing Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The IoT Testing Market
27. IoT Testing Market Trends And Strategies
28. IoT Testing Market Future Outlook and Potential Analysis
29. Appendix

The report covers the trends and market dynamics of the IoT Testing Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the IoT Testing Market are HCL Technologies Ltd, Tata Consultancy Services Limited, Happiest Minds, RapidValue Solutions, AFour Technologies

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

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