Internet of Things (IoT) Testing Market 2018: Global Analysis, Comprehensive Research Study, Sales Revenue and Industry Estimated to Rise Profitably with 33% of CAGR by Forecast 2022

Market Research Future
Market Research Future published a research report on “Internet of Things (IoT) Testing Market Research Report- Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Market Scenario: 

Internet of things is a network of devices/objects which are embedded with network connectivity, sensors, software to collect and exchanges data. The Internet of Things (IoT) market is showing rapid growth. Thus demand for managing advanced IoT applications is increasing rapidly. Internet of Things (IoT) Testing provides different types of testing depending on the requirement. Internet of things testing is mainly based on the architecture involved.

In Internet of Things (Iot) Testing Market the growing need for Internet Protocol (IP) testing of the increasing number of IoT devices and the need for testing of IoT applications and the rising importance of DevOps are some of the factors which are driving the market. The study indicates that internet of things testing experience many challenges such as hardware-software mesh, dynamic environment, real-time complexity, and scalability of system, safety concerns, privacy issues, hardware quality, network availability, complex use cases and others.

Internet of Things (IoT) Testing market is segmented on the basis of Testing Type, Testing tools and applications. The testing tools are classified into two types as software testing tools and hardware testing tools. Depending on the testing types internet of things testing includes upgrade testing, regulatory testing, pilot testing, compatibility testing, performance testing, network connectivity testing, usability testing and others.

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The global industrial automation market is expected to grow at USD ~1708 Million by 2022, at ~33% of CAGR between 2016 and 2022.

Industry News

March. 2017 – Cognizant acquired Brilliant Service Co. Ltd., an intelligent products and solutions company headquartered in Osaka, Japan, specializing in digital strategy, the Internet of Things (IoT). As part of the acquisition, a team of 70 professionals with extensive digital solutions experience and insights in the Japanese market will join Cognizant. The terms of the transaction were not disclosed.

December 2017 – Sierra Wireless, Inc. the leading provider of fully integrated device-to-cloud solutions for the Internet of Things (IoT), acquired Numerex Corp. The acquisition of Numerex accelerates sierra wireless in IoT device-to-cloud strategy by adding an established customer base, proven solutions and recurring revenue scale.

Key Players

The prominent players in the Internet of Things (IoT) Testing market are Cognizant (U.S.), Keysight technologies (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.) among others

Global Internet of Things (IoT) Testing Market – Regional Analysis

It has been observed that North America is dominating the Internet of Things (IoT) Testing market owing to many factors as, presence of developed economies such as United States, Canada, high investing capacity, and high adoption of internet of things (IoT). Apart from it, development of new technologies such as IoT, Big data and others by many organization will have positive impact on market of Internet of Things (IoT) Testing in this region. The Internet of Things (IoT) Testing market shows a steady and considerable growth in Asia-Pacific region, owing to factors such as rising internet of things penetration and larger investments by communication service providers and cloud service providers.

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Intended Audience

  • Technology investors
  • Key market innovators
  • Hardware vendors
  • Regulatory agencies
  • IoT testing providers
  • IoT service providers
  • Communication service providers
  • Quality assurance providers
  • IoT platform providers
  • Third-party system integrators
  • Application providers
  • Research/Consultancy firms

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