Cloud Testing Industry Analysis by Key Players, End-User, Size, Growth Rate, Regions and Forecast to 2028

Cloud Testing Market

The global cloud testing market size is expected to reach USD 21.67 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Global cloud testing market revenue growth is driven by key factors such as rising application of cloud computing technologies, steady digital transformation trend, and increasing need to test the security and scalability of cloud infrastructure. Cloud testing solutions are also known as cloud-based testing solutions. These are a form of software testing that monitors physical as well as virtual components that include storage, web application, network performance, security, scalability, and reliability.

Cloud testing can be divided into four main categories based on the user’s requirements such as testing the entire cloud, testing elements within a cloud, testing across clouds, and SaaS testing. Testing the entire cloud involves testing based on specific features of the cloud infrastructure. Retail and e-commerce segment accounted for largest revenue share in the global market in 2020. Rising need for frequent security monitoring, load, and performance testing of web based applications are some major factors driving revenue growth of this segment.

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The report covers in-depth profiling of the prominent players of the industry and includes IBM, Oracle, CA Technologies, Micro Focus, SmartBear Software, SOASTA, Xamarin, Cygnet Infotech, Cavisson Systems, and Cigniti Technologies Limited. Furthermore, it offers a detailed analysis of the competitive landscape of the market with massive data on recent trends, technological developments, product advancements, methodologies, and strategic business decisions such as mergers and acquisitions, joint ventures, collaborations, and product launches, among others.

Some Key Findings From the Report:

• In March 2021, Tricentis acquired Neotys. This acquisition will help Tricentis to accelerate digital transformation of enterprises with the help of automated software testing.
• Testing platforms and tools segment is expected to register a 13.6% CAGR throughout the forecast period. This can be attributed to rising need for functional testing and performance testing in IT and telecom sectors.
• Asia Pacific is expected to register the fastest revenue CAGR throughout the forecast period. Development of retail, IT and telecom industry, rising investment in cloud network infrastructure, and growing adoption of cloud computing solutions are some key factors propelling revenue growth of the market in this region.

For the purpose of this report, Emergen Research has segmented the global cloud testing market based on component, organization size, and end-use, and region:

• Component Outlook (Revenue, USD Billion; 2018–2028)
o Testing Platforms and Tools
1. Functional Testing Tools
2. Performance or Load Testing Tools
3. GUI Testing Tools
4. API Testing Tools
5. Service Virtualization Tools
6. Cross Browser Testing Tools
o Services
1. Professional Services
2. Managed Services
• Organization Size Outlook (Revenue, USD Billion; 2018–2028)
o Small and Medium Enterprises
o Large Enterprises
• End-Use Outlook (Revenue, USD Billion; 2018–2028)
o Retail and E-Commerce
o Transportation
o IT and Telecom
o BFSI
o Media and Entertainment
o Others

The report further covers extensive regional analysis of the Cloud Testing industry with regards to market scope, market size, market share, revenue generation, production and consumption ratio, supply and demand ratio, and analysis of the key players operating in those regions. The regional analysis covers North America, Europe, AsiaPacific, Latin America, and Middle East & Africa.

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The report studies dynamic market elements such as drivers, restraints, challenges, threats, opportunities, and growth prospects, among others. The report presents the statistical data in an organized format with pictorial representations in charts, graphs, tables, figures, and diagrams. The report offers strategic recommendations to the new entrants as well as established players to assist them in capitalizing on the advantageous opportunities. The detailed analysis of the competitive landscape offers a competitive advantage to the reader and helps them gain a better understanding of the industry.

Key questions answered in the Report:

• What are the key driving factors of the Cloud Testing industry?
• Which segment and sub-segment are expected to show significant growth during the forecast period?
• What will the market size and growth rate be throughout the forecast period?
• Who are the prominent players of the Cloud Testing industry?
• What are the technological advancements and product developments taking place in the Cloud Testing market?
• Which region is expected to dominate the market in the coming years?
• What are the key outcomes of the SWOT analysis and Porter’s Five Forces analysis?
• What are the key risk factors and challenges the companies will face in the market?
• What factors are expected to hinder the growth of the Cloud Testing industry?

Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2028
Chapter 3. Key Insights
Chapter 4. Global Cloud Testing Market Segmentation & Impact Analysis
4.1. Global Cloud Testing Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing demand for cloud testing solutions in IT and telecom sector
4.2.2.2. Increasing adoption of cloud-based solution
4.2.3. Market restraints analysis
4.2.3.1. High initial investment
4.2.3.2. Lack of technical knowledge regarding cloud infrastructure security testing
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Global Cloud Testing Market Component Insights & Trends, Revenue (USD Billion)
5.1. Component Dynamics & Market Share, 2018 & 2028
5.1.1. Testing platforms and Tools
5.1.2. Services
Chapter 6. Global Cloud Testing Market Organization Size Insights & Trends Revenue (USD Billion)
6.1. Organization Size Dynamics & Market Share, 2018 & 2028
6.1.1. Small and Medium Enterprises
6.1.2. Large Enterprises
READ MORE…!

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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