Cloud Testing Market by Component, Testing Tool/Platform, Service, Vertical, and Region - Global Forecast to 2022

Dublin, April 10, 2018 -- The "Cloud Testing Market by Component (Testing Tools/Platforms and Services), Testing Tool/Platform (Functional Testing, API Testing), Service (Managed Services and Professional Services), Vertical, and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

Rapid adoption of cloud, flexible and scalable delivery model, and reduced cost of ownership are expected to drive the cloud testing market growth.

The cloud testing market is expected to grow from USD 5.55 billion in 2017 to USD 10.24 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 13.01% during the forecast period.

The market growth is driven by the increased adoption of cloud technologies across both large and small enterprises. On the other hand, stringent government rules and regulations may restrain the growth of this market.

The digitalization of businesses has revolutionized the application development and testing market space for various verticals. Banking applications and web services offer a broad spectrum of services to external businesses. These services can be in the form of information about the account types and details, Automated Teller Machine (ATM) locations, branch locations, business banking credit score checks, and other business banking offerings, including commercial banking Guaranteed Investment Certificates (GICs); commercial mortgage; and interest, loan, and mortgage rates.

Professional services consist of training, consulting, and support as well as policy and governance services for the related stakeholders. Cloud testing solutions require some involvement and guidance from technology support groups and service providers to keep the applications up-to-date, according to the changing market scenarios and demands.

The APAC region is expected to gain major traction in the cloud testing market during the forecast period. APAC has few of the fastest-growing economies and a favorable market for cloud testing vendors. The region has the presence of several creditable industries that are adopting cloud testing tools and services. In the APAC countries, such as Australia, China, and Japan, enterprises are continuously adopting cloud testing solutions to gain a competitive advantage over their competitors, by leveraging the cloud testing capabilities.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Cloud Testing Market
4.2 Market, by Component
4.3 Market, by Testing Tool/Platform
4.4 Market, by Vertical and Region
4.5 North America: Cloud Testing Market, by Vertical

5 Market Overview
5.1 Market Dynamics
5.1.1 Drivers
5.1.1.1 Rapidly Growing Cloud Adoption
5.1.1.2 Flexible and Scalable Delivery Model
5.1.1.3 Reduced Cost of Ownership
5.1.2 Restraints
5.1.2.1 Stringent Government Rules and Regulations
5.1.3 Opportunities
5.1.3.1 Advancements in IoT and Machine Learning Technologies
5.1.3.2 Increasing Demand for Devops and Agile Practices for SDLC
5.1.4 Challenges
5.1.4.1 Data Security Concerns
5.1.4.2 Lack of Skilled Cloud Testing Professionals

6 Cloud Testing Market, by Component
6.1 Introduction
6.2 Testing Tools/Platforms
6.2.1 Testing Tools/Platforms, by Type
6.2.1.1 Functional Testing Tools
6.2.1.2 Performance/Load Testing Tools
6.2.1.3 GUI Testing Tools
6.2.1.4 API Testing Tools
6.2.1.5 Service Virtualization Tools
6.2.1.6 Cross Browser Testing Tools
6.3 Services
6.3.1 Services, by Type
6.3.1.1 Professional Services
6.3.1.2 Managed Services

7 Cloud Testing Market, by Vertical
7.1 Introduction
7.2 Retail and Ecommerce
7.3 IT and Telecom
7.4 Banking, Financial Services, and Insurance
7.5 Media and Entertainment
7.6 Transportation
7.7 Others

8 Cloud Testing Market, by Region

9 Competitive Landscape
9.1 Overview
9.2 Competitive Scenario
9.2.1 New Solution Launches and Product Upgradations
9.2.2 Partnerships, Agreements, and Collaborations
9.2.3 Mergers and Acquisitions
9.3 Market Ranking Analysis

10 Company Profiles

• CA Technologies
• Capgemini
• Cavisson Systems
• Cigniti
• Cognizant
• Customercentrix
• Cygnet Infotech
• IBM
• Micro Focus
• Neotys
• Oracle
• Smartbear Software
• Soasta
• Tricentis
• Xamarin

For more information about this report visit https://www.researchandmarkets.com/research/86sbdl/cloud_testing?w=12

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