Market Leadership – Internet of Things (IoT) Testing Market | MarketsandMarkets


Posted November 5, 2020 by dheerajpawar7359

[157 Pages Report] The IoT testing market size is estimated to grow from $302.9 Million in 2016 to $1,378.5 Million by 2021, at a CAGR of 35.4% from 2016 to 2021.

 
According to a research report "Internet of Things (IoT) Testing Market by Testing Type (Functional, Performance, Network, Security, Compatibility, and Usability), Service Type (Professional and Managed), Application Type, and Region - Global Forecast to 2021", The IoT testing market size is estimated to grow from USD 302.9 Million in 2016 to USD 1,378.5 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 35.4%.
The major forces driving the IoT testing market include the growing need for Internet Protocol (IP) testing of the increasing number of IoT devices and applications. Moreover, the need for shift left testing of IoT applications and the rising importance of DevOps are also some of the factors which are driving the market.
Browse in-depth TOC on “Internet of Things (IoT) Testing Market”
46 – Tables
46 – Figures
127 – Pages
There are several established players in this market such as Cognizant (U.S.), Infosys (India), HCL Technologies (India), Capgemini (France), TCS (India), Happiest Minds Technologies (India), AFour Technologies (U.S.), SmartBear Software (U.S.), Rapid Value Solutions (U.S.), and Rapid7 (U.S.). These leading players have adopted various strategies such as partnerships, collaborations, agreements, mergers & acquisitions, and new product developments to achieve growth in the global IoT testing market.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=51412648
Cognizant is one of the leading players in the IoT testing market. The company adopted both organic as well as inorganic strategies to enhance its presence in the market. It entered into various partnerships and strategic alliances with local as well as global players. For instance, in November 2016, Cognizant partnered with TRICENTIS, a leading provider of cross-industry expertise in software testing and software quality assurance. This partnership enabled both the companies to deliver a Test Suite as an Intelligent Automated Test Solution (TOSCA) to its commercial clients.
In October 2016, the company acquired the ITO and BPO business segments of Frontica Business Solutions, a leading provider of IT services and solutions. This acquisition enabled Cognizant to develop its business in Nordics and other European countries. This acquisition also helped Cognizant in providing IoT testing offerings to its commercial customers in Europe.
Infosys is another major vendor in the IoT testing market. The company has a strong geographic presence worldwide, including North America, APAC, MEA, Europe, and Latin America. The company focuses more on inorganic growth strategies to tap into the IoT testing market. For instance, in September 2015, Infosys partnered with General Electric, a leading technology provider of digital industrial solutions. This partnership enabled Infosys and GE to improve asset efficiency and build intelligent linkages between design, production, and field testing of its commercial clients.
In March 2014, Infosys partnered with Prime Therapeutics, a leading Pharmacy Benefit Manager (PBM) to set up a testing Center of Excellence (COE) and also helped its commercial clients to consolidate the delivery of its application testing services.
Request for Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=51412648
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra.
MarketsandMarkets™ INC.
630 Dundee Road,
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: [email protected]
Content Source: https://www.marketsandmarkets.com/ResearchInsight/iot-testing-market.asp
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By hiteshpawar
Business Address 630 Dundee Road Suite 430
Country United States
Categories Technology
Tags application enablement , connectivity management , device management , digital signage , energy optimization , internet of things in retail market , iot in retail , iot in retail market
Last Updated November 5, 2020