Cloud testing is a type of service that tests web application in a cloud-simulated environment. The focus on lowering duration cycles for release of software updates and launch of new applications are likely to encourage this type of testing among small and large enterprises. Market Research Future’s (MRFR) report on the cloud testing market report uncovers insights needed by organizations to embrace cloud technology and use of online tools for accelerating product development. The report focuses on estimations on production and value chain for the market during the forecast period (2020-2027) while assessing the impact of the COVID-19 pandemic.
Cloud Testing Market Scope
The cloud testing market size can balloon to USD 11.7 billion by 2023. It can showcase a stellar growth rate of 13% over the forecast period. Large budgets for cloud computing by various organizations are likely to drive market demand. Change in business demands and high prices for maintenance of programs and digital assets can provide a large playground for cloud testing.
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The market is deemed to expand owing to flexibility and affordability of cloud technology at cost-economical rates. Use of load testing and cross-browser functionality of web pages and applications can be beneficial to the market. Cloud testing platforms have been used in expediting the development process of products and facilitate effective communication. The offering of testing as a service (TaaS) for validation of software products can bode well for the market.
The COVID-19 pandemic had driven digital transformation of various processes with companies of all sizes shifting to the cloud. Rise of cyber attacks and hacker attempts during the pandemic has led to chief technical officers opting for continuous testing of applications and programs in a simulated environment. Cloud testing environments that can be affordable via crowdsourcing are gaining steam. Skilled personnel can spot check new applications and provide programs that uncover weaknesses before they are exploited.
However, need for new environment for testing and high investment costs can hamper market growth.
Cloud Testing Market Segmentation
By component, the cloud testing market is divided into services and platform. By services, the market is sub-segmented into professional services and managed services. The professional services are further segregated into consulting services, implementation services, and training services. Furthermore, the platform is sub-divided into load testing, application programming interface testing, service virtualization, stress testing, capacity testing, performance testing, and others.
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By deployment, the market is sub-divided into private, public, and hybrid.
On the basis of end-user, the market is segmented into healthcare, retail, BFSI, energy & utilities, telecom & IT, manufacturing, media & entertainment, transportation & logistics, and travel & hospitality. The retail sector is estimated to capture a large market share over the forecast period owing to migration of various processes to the cloud and aim of various retail chains to provide a seamless shopping experience to customers. Innovation in customer and business analytics coupled with ability to monitor web services, APIs, and digital applications can bolster market demand significantly.
Cloud Testing Market Regional Analysis
North America, Asia Pacific (APAC), Europe, and Rest-of-the-World (RoW) are major regions analyzed for measuring the growth of the global cloud testing market.
North America is expected to dominate the global market owing to rise of cloud vendors and cloud service providers and huge demand for maintenance and testing services. Adoption of cloud computing solutions among verticals of retail, BFSI, and IT & telecom in the U.S. and Canada can drive regional market demand. Investments of companies in the region due to presence of cloud vendors can boost the market growth.
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Cloud Testing Market Key Players
- IBM Corporation (U.S.)
- Oracle Corporation (U.S.)
- CA Technologies (U.S.)
- Smartbear Software (U.S.)
- Microfocus (U.K.)
- Akamai Technologies (U.S.)
- Capgemini (France)
- Microsoft Corporation (U.S.)
- Cavisson System (U.S.)
- Tricentis(Austria)
- Cigniti (India)
- Cognizant (U.S.)
- Damco Group (Testingxperts) (U.S.)
- Xoriant Corporation( U.S.)
- A four technologies (India)
- Infostrech Technologies (U.S.)
- Invensis (India)
Reasons for Buying This Report:
- It Provides A Forward-Looking Perspective on Different Factors Driving or Restraining Market Growth.
- It Provides Five-Year Forecast Assessed based on How the Market Is Predicted to Grow.
- It Helps in Understanding the Key Product Segments and Their Future.
- It Provides Pinpoint Analysis of Changing Competition Dynamics and Keeps You Ahead of Competitors.
- It Helps in Making Informed Business Decisions by Having Complete Insights of Market and By Making an In-Depth Analysis of Market Segments.
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Do you know what factors need to be considered when implementing cloud testing?
Are you aware of some of its advantages and challenges?
Find out with our blog post here: https://blog.qasource.com/pros-and-cons-of-cloud-based-software-testing/
