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How Large Will the Cloud Testing Market Size By 2025?
The size of the cloud testing market has seen swift expansion in the past few years. Currently at $13.97 billion in 2024, it is projected to rise to $15.73 billion in 2025, reflecting a compound annual growth rate (CAGR) of 12.6%. This significant growth during the historic period can be traced back to factors such as global business expansion, the emergence of DevOps practices, the boom in mobile app development, the widespread use of IoT gadgets, cost effectiveness, and the demand for scalability and adaptability.
How Big Is the Cloud Testing Market Size Expected to Grow by 2029?
The size of the cloud testing market is projected to experience significant expansion in the coming years. The market is predicted to rise to a value of $25.72 billion in 2029, growing at a compound annual growth rate (CAGR) of 13.1%. The surge in this period is likely due to the heightened use of cloud services, an increased focus on security testing in the cloud setting, rising demand for cloud testing solutions fulfilling regulatory norms, and the increasing intricacy of applications. Notable trends during this anticipated period are the incorporation of artificial intelligence (AI) and machine learning (ML), the growth of edge computing, deployment of 5G technology, dual and multi-cloud strategies, prioritizing cyber security, and refining remote work practices.
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Which Key Market Drivers Powering Cloud Testing Market Expansion and Growth?
The growth of the cloud testing market is anticipated to be driven by the rising adoption of cloud technology in the upcoming years. The escalating use of the cloud is attributed to its cost-effectiveness, scalability, and easy accessibility. By utilizing cloud testing, it ensures that applications are versatile, financially efficient, and validated across different platforms, while making the best use of resources and improving quality assurance measures. For example, in reference to the Google Cloud Platform’s DevOps Research and Assessment (DORA) team’s 2022 State of DevOps Study, a cloud computing service based in the United States, multiple public clouds were used by 26% of the population as of January 2023, an increase from 21% in 2021. There was also a surge in the usage of hybrid cloud, growing from 25% in 2021 to 42.5% in 2022. Moreover, the usage of public cloud, consisting of multiple clouds, grew from 56% in 2021 to 76% in 2022. Thus, the escalating adoption of cloud is fuelling the growth of the cloud testing market.
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Which Fast-Growing Trends Are Poised to Disrupt the Cloud Testing Market?
Top corporations in the cloud testing market are prioritizing the development of products that incorporate state-of-the-art technologies, such as the Google Cloud Test Suite, to solidify their market standing. This complete testing module is engineered specifically to scrutinize and measure the performance, availability, and reliability of holistic cloud services. For example, Catchpoint Systems, Inc., an Internet resilience firm based in the U.S., debuted the Google Cloud Test Suite in January 2024. This tool is designed to simplify the comprehensive monitoring of Google Cloud services from a wide array of customer-chosen endpoints, which could include customer foundations, other public clouds, and Internet endpoints. Primarily, this suite aims to expedite testing setup and upkeep for cloud services, leading to swift improvements in operational efficiency and user experience. The Google Cloud Test Suite allows IT organizations to swiftly generate varied assessments for Google Cloud services by utilizing best practices from both Google Cloud and Catchpoint for quick issue identification and problem-solving. The design of this tool places high emphasis on minimizing complexity and time commitment necessary for successful monitoring of Google Cloud services, making it exceptionally beginner-friendly.
What Are the Emerging Segments in the Cloud Testing Market?
The cloud testing market covered in this report is segmented –
1) By Component: Testing Platforms And Tools, Services
2) By Organization Size: Small And Medium Enterprises, Large Enterprises
3) By End User: Retail And E-commerce, Transportation, Information Technology And Telecom, Banking Financial Services And Insurance (BFSI), Media And Entertainment, Other End Users
Subsegments:
1) By Testing Platforms And Tools: Performance Testing Tools, Functional Testing Tools, Security Testing Tools, Load Testing Tools, Automation Testing Tools, Others
2) By Services: Consulting, Integration, Managed Services, Support And Maintenance
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Who Are the Global Leaders in the Cloud Testing Market?
Major companies operating in the cloud testing market are Microsoft Corporation, Dell Inc., Amazon Web Services Inc., HP Inc., accenture* plc, The International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Tata Consultancy Services Limited, Salesforce Inc., Google Cloud Platform, Capgemini SE, NTT DATA Corporation, Cognizant Technology Solutions Corp, Infosys Limited, DXC Technology Company, VMware Inc., Atos SE, HCL Technologies Limited, Wipro Ltd., CGI Inc., Tech Mahindra Ltd., EPAM Systems Inc., Softtek, Rackspace Technology Inc., Mphasis Limited, Virtusa Corporation, Mindtree Limited, Hexaware Technologies, Zensar Technologies Ltd.
Which are the Top Profitable Regional Markets for the Cloud Testing Industry?
North America was the largest region in the cloud testing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cloud testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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