The Internet of Things Testing Market is expected to grow from USD 1107.2 billion in 2020 to USD 6042.45 billion by 2026 at a CAGR of 32.34% from 2020 to 2026.
IoT testing is utilized to visualize IoT devices. There is a huge interest to access, create, use and share information from any device. The intention is to build more vital insight and management over several interconnected IoT devices. Since, the IoT testing structure is important. Few primary elements of the IoT system are data center, sensor, network and application. An IoT testing setup uses several software testing methods from regular QA practices as to validate the IoT applications. The market for internet of things testing is propelled by various factors. The use of IoT in retail has supported the retailers in managing their products and selling them online. In addition to this, the application of IoT also assists the vendors to handle their inventory effectively. Furthermore, the combination of internet and the development of retail applications for mobiles are providing the users the possibility of shopping online without the requirement to go to the stores. Additionally, IoT also makes sure that the buyers can purchase the things online and get them delivered at their required address. The application of internet of things in retail sector is further propelling the need for IoT testing to enhance the performance and reliability of the services. In addition, the use of IoT has also given rise to the idea of cloud computing. The increase of cloud computing is also supporting the growth of IoT market which in return is accelerating the demand for internet of things testing market largely. Furthermore, the Microservices are emerging trends in enterprise applications, as they provide higher agility and operational efficiency for the enterprises in development and testing of IoT applications. Microservices offer a platform for developing enterprise applications such as IoT, increase the productivity of applications at an affordable rate, and help in the rapid delivery of applications; thus increasing the flexibility, availability, reliability, and scalability of the applications. Apart from this, the problems related to data privacy may hamper the market growth
Furthermore, the factors such as emergence of software-defined application platform and controllers, lining up the management strategy with organizational strategic initiatives along with the testing using service virtualization will create opportunities for the internet of things testing market.
The global Internet of Things Testing Market is segregated on the basis of Testing Type as Functional Testing, Performance Testing, Network Testing, Compatibility Testing, Usability Testing and Security Testing. Based on Service Type the global Internet of Things Testing Market is segmented in Managed Services and Professional Services. Based on Application the global Internet of Things Testing Market is segmented in Smart Building & Home Automation, Capillary Network Management, Smart Utilities, Vehicle Telematics, Smart Manufacturing and Smart Healthcare.
The global Internet of Things Testing Market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The Internet of Things Testing Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Analysis
Cognizant Technology Solutions, Infosys, Capgemini, Rapid7, Smartbear Software and others are among the major players in the global Internet of Things Testing Market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
The global Internet of Things Testing Market has been segmented as below:
Internet of Things Testing Market, By Testing Type
Internet of Things Testing Market, By Service Type
Internet of Things Testing Market, By Application
Internet of Things Testing Market, By Region
Internet of Things Testing Market, By Company
The report covers the below scope:
The years considered for the study are as follows:
Report Scope:
The global Internet of Things Testing Market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Internet of Things Testing Market share. Major industry players with significant revenue share include Cognizant Technology Solutions, Infosys, Capgemini, Rapid7, Smartbear Software and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
5. Internet of Things Testing Market, By Testing Type
5.1. Key Points
5.2. Functional Testing
5.3. Performance Testing
5.4. Network Testing
5.5. Compatibility Testing
5.6. Usability Testing
5.7. Security Testing
6. Internet of Things Testing Market, By Service Type
6.1. Key Points
6.2. Managed Services
6.3. Professional Services
7. Internet of Things Testing Market, By Application
7.1. Key Points
7.2. Smart Building & Home Automation
7.3. Capillary Network Management
7.4. Smart Utilities
7.5. Vehicle Telematics
7.6. Smart Manufacturing
7.7. Smart Healthcare
8. Competitive Landscape
8.1. Introduction
8.2. Start-up companies- Internet of Things Testing Market
8.3. Recent Developments
8.3.1. Mergers & Acquisitions
8.3.2. New Product Developments
8.3.3. Portfolio/Production Capacity Expansions
8.3.4. Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5. Others
9. Company Profile
9.1. Cognizant Technology Solutions
9.2. Infosys
9.3. Capgemini
9.4. Rapid7
9.5. Smartbear Software
9.6. Tata Consultancy Services
9.7. Hcl Technologies
9.8. Happiest Minds Technologies
9.9. Rapidvalue SolutionsSaksoft
9.10. Apica System
9.11. Novacoast
9.12. Trustwave Holdings
9.13. Ixia
9.14. Beyond Security
9.15. Afour Technologies Pvt
9.16. Praetorian
Internet of Things Testing Market, By Testing Type
Internet of Things Testing Market, By Service Type
Internet of Things Testing Market, By Application
Internet of Things Testing Market, By Company