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 industry 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.
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.
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.
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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 Drivers
The global cloud testing market report profiles the key players and comprehensively analyzes their core competencies. The rising technology also tracks and analyzes the competitive developments, such as mergers and acquisitions, new product developments, and Research and Development (R&D) activities
Cloud Testing Market Segmentation
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.
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Based on the Market Component
- Testing tools/platforms
- Services
- Professional services
- consulting services
- implementation services
- training services
- Managed services
Based on the Testing Tool/Platform
- Functional testing tools
- Performance/load testing tools
- Graphical User Interface (GUI) testing tools
- Application Programming Interface (API) testing tools
- Service virtualization tools
- Cross-browser testing tools
Based on the End-user
- healthcare
- Retail
- BFSI
- energy & utilities
- Telecom & IT
- Manufacturing
- Media & entertainment
- Transportation & logistics
- Travel & hospitality
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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)
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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TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
Continued...
4 Market Landscape
Continued...
5 Industry Overview Of Global Cloud Testing Market
Continued...
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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/
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
