Test Data Management Market Is Booming Worldwide | IBM Corporation, Computer Associates International, Inc, Delphix Corporation

The Test Data Management  market report provides information regarding market size, share, trends, growth, cost structure, global market competition landscape, market drivers, challenges and opportunity, capacity, revenue and forecast 2028. This report also includes the overall and comprehensive study of the Test Data Management market with all its aspects influencing the growth of the market. This report is an exhaustive quantitative analysis of the Test Data Management industry and provides data for making strategies to increase market growth and effectiveness.

The test data management market is expected to grow at a CAGR of 11.5% over the forecast period 2022-2027

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Markets Segmentation:

Top leading Companies Profiled in Test Data Management Market Report are Ê- IBM Corporation, Computer Associates International, Inc, Delphix Corporation, Informatica LLC, Original Software, Compuware Corporation, Mentis Technologies LLC, Cigniti Technologies, DATPROF, Solix Technologies, Inc., Ekobit d.o.o., Innovative Routines International

News and Updates

- March 2022 - Delphix Corporation, the industry leader in DataOps has partnered with SkySparc, an independent solutions provider, to work together to support rapid and secure access to data for clients in the financial sector using Murex and Wallstreet Suite (WSS). DelphixÕs DataOps platform offers more cost-effective and efficient deployment to development and test environment, significantly speeding up functionality improvements and performing upgrades as well as protecting production data used in non-production environments for enterprise businesses using complex systems such as Murex and WSS.

- January 2022 - Averna developed a new off-the-shelf test package manager software solution with the release of Averna Deploy, the latest in their smart data management suite. It ensures all manufacturing activities remain accurate and reliable with the most up to date software versions installed on systems throughout smart facilities. With this off-the-shelf tool, all updated software revisions are automatically deployed to every test station and asset.

Market Overview

As test data management software reduces the time to market the companyÕs product and protects against loss of data generated from test software are some of the factors fueling the growth of the test data management market.

- The rapid adoption of automation and cloud technologies across enterprises and businesses resulted in tremendous data generation and cloud data traffic and hence, fueled the growth of data management software, which in turn has increased the demand of the test data management market. And over 90% of enterprises using the cloud as part of their businesses reported that the volume of internet traffic has been increasing exponentially. _

- According to Cisco Report, global IP traffic will reach an annual run rate of 2.3 zettabytes in 2022, up from an annual run rate of 870.3 exabytes in 2015. Furthermore, the IP traffic will grow 3-fold from 2015 to 2022, a compound annual growth rate of 22% due to increase adoption of cloud technologies across the industries.

- Nowadays, the application generates more and more data which is difficult and costly to manage. For instance, every terabyte of data growth in production, ten terabytes are used for development, testing, and other non-production use cases and thus, increase the cost. So now the companies are investing to gain economies of scale through centralization and many IT teams are expanding the scope of test data management to include the use of synthetic data generation tools, subsetting, and most recently, masking to manipulate production data and to increase the testing speed by up to 25%.

- However, the lack of knowledge of the testers for the creation of alternate data solutions can hamper the growth of the market in the future.

Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

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Key Takeaways from Test Data Management Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Test Data Management market - key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance - Test Data Management market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Test Data Management

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In conclusion, the Test Data Management market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Test Data Management Industry business competitors. Our expert research analyst's team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

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