Global IoT Testing Market To Grow At a CAGR of 32.3% During 2018-2022 By TBRC

Global IoT Testing Market To Grow At a CAGR of 32.3% During 2018-2022 By TBRC

IoT Testing Global Market Report 2019
Happiest Minds Is One Of The Largest Companies In The IoT Testing Market, According To TBRC’s Report
(Companies: HCL Technologies Ltd, Tata Consultancy Services Limited, Happiest Minds, RapidValue Solutions, AFour Technologies)

The global IoT testing market was valued at about $0.57 billion in 2018.  The IoT (Internet of Things) testing market consists of sale of testing services. IoT testing services include usability, security, connectivity, performance, regulatory testing, and others. IoT is a system of connected devices which can communicate and interact with each other and can be accessed through the internet.

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The global IoT testing market is expected to grow to $1.74 billion at a rate of about 32.3% through 2022. Rise in number of IoT (Internet of Things) devices in use increases the need to test the devices, which drives the IoT testing market. IoT is used in a vast range of gadgets and applications such as smart watches, refrigerators, air conditioners, lock systems, infrastructure, and healthcare products. It is highly important to test the devices in order to ensure their connectivity, performance, usability, and security.

The IoT testing market lacks uniform standards for privacy and security that acts a barrier for growth of this market.

Virtualization for IoT test automation is a trend in the IoT testing market. The challenges in traditional testing, like scalability issues for connected devices, maintenance problem, issues in unit level code checking, and high-performance deliverable problems can be resolved by virtualization in test automation. It helps in simulating hardware and software and matches the dependency with the real behavior to give proper test results. It speeds up the testing time and reduces the efforts.

Major players in the market are HCL Technologies Ltd, Tata Consultancy Services Limited, Happiest Minds, RapidValue Solutions, AFour Technologies. Happiest Minds Technologies is a digital transformation, infrastructure, security, and product engineering services company. The company was founded by Ashok Soota In 2011. It is headquartered in Bangalore, India and has its operations in the United States, United Kingdom, Canada, Singapore, and Australia.

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Few Points From Table of Contents:

2. IoT Testing Market Characteristics

3. IoT Testing Market Size And Growth

3.1. Global IoT Testing Historic Market, 2014 – 2018, $ Billion

3.1.1. Drivers Of The Market

3.1.2. Restraints On The Market

3.2. Global IoT Testing Forecast Market, 2018 – 2022F, 2025F, 2030F, $ Billion

3.2.1. Drivers Of The Market

3.2.2. Restraints On the Market

4. IoT Testing Market Segmentation

4.1. Global IoT Testing Market, Segmentation By Testing Type, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

Functional Testing

Usability Testing

Security Testing

Compatibility Testing

Performance Testing

Network Testing

4.2. Global IoT Testing Market, Segmentation By Testing Tools, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

Software Tools

Hardware Tools

4.3. Global IoT Testing Market, Segmentation By Applications, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

Connected cars

Smart appliances

Smart energy meters

Wearable devices

Smart healthcare devices

5. IoT Testing Market Regional And Country Analysis

5.1. Global IoT Testing Market, Split By Region, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

5.2. Global IoT Testing Market, Split By Country, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

6. Asia-Pacific IoT Testing Market  

6.1. Asia-Pacific IoT Testing Market Overview  

6.2. Asia-Pacific IoT Testing Market, Segmentation By Testing Type, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

6.3. Asia-Pacific IoT Testing Market, Segmentation By Testing Tools, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

6.4. Asia-Pacific IoT Testing Market, Segmentation By Applications, Historic and Forecast, 2014-2018, 2022F, 2025F, 2030F, $ Billion

7. China IoT Testing Market   

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