IoT Testing Market 2022 Expected to Reach USD 6042.45 billion and CAGR 32.34% by 2028 - IBM Corporation, Apica AB, Afour Technologies Inc.

IoT Testing Market With strategic analysis, micro and macro market trend and scenarios, pricing analysis, and a holistic assessment of market conditions in the future term, this market research study keeps a close eye on major rivals. It's a thorough research that focuses on key and secondary drivers, market share, leading segments, and geographic analysis. The IoT Testing Market also examines significant players, major collaborations, mergers and acquisitions, as well as current innovation and corporate strategies.

The IoT Testing market was valued at USD 1107.2 billion in 2020 and expected to reach USD 6042.45 billion by 2027 and grow at a CAGR of 32.34% over the forecast period (2022 - 2027).

Top Key Players are covered in this report: IBM Corporation, Apica AB, Afour Technologies Inc., Happiest Minds Technologies Pvt. Ltd, RAPIDVALUE SOLUTIONS, Praetorian Group Inc., Saksoft Limited, Keysight Technologies Inc, Novacoast Inc., Trustwave Holdings Inc. (Singtel)

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Recent Developments:

May 2019 - Ixia, a Keysight Business, and Symantec extended their collaboration to better secure hybrid networks. The integration of Ixia's CloudLens with Symantec Security Analytics, industry-leading threat detection and forensics solution, allows Symantec customers to gain real-time visibility into their hybrid cloud environments.

Key Market Trends:

Managed IoT testing service providers see emerging technology as a significant source of business opportunity for the next couple of years. Among managed IoT testing services, the security testing will have a more significant market share than other testing services.

- Increase adoption of smart cities concepts has evolved the great potential of IoT in the energy and utilities, waste management, and infrastructure. The investment in IoT enabled infrastructure is expected to accentuate the demand for security testing services for those assets, which may further foster the demand for managed services in these sectors.

- Moreover, smart devices and IoT in the retail sector help the companies to enhance the customer experience, in order to drive more conversions, altering the day-to-day store operations and may increase the managed services in this sector.

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Key market aspects are illuminated in the report:

Executive Summary: It covers a summary of the most vital studies, the Global IoT Testing Market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.

Study Analysis: Covers major companies, vital market segments, the scope of the products offered in the Global IoT Testing Market, the years measured, and the study points.

Company Profile: Each company in this market sector is screened based on its goods, value, SWOT analysis, capacity, and other key characteristics.

Manufacture by region: This Global IoT Testing Market report offers data on imports and exports, sales, production and key companies in all studied regional markets

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