IoT Testing Market PPT: Demand, Trends and Business Opportunities 2023-28

Author: Elena Anderson

Marketing Manager

Report DescriptionAbout IMARC Group

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Global IoT Testing Market Research Report 2023-2028:

According to the latest report by IMARC Group, titled " IoT Testing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-20 28

," the global Internet of Things (IoT) testing market size reached US$ 2.1 Billion in 2022.

Internet of things (IoT) testing refers to the process of testing interconnected IoT devices to check their performance, functionality, and security and rectify them before launching into the market. It comprises functional, usability, compatibility, reliability, scalability, data integrity, security, performance, and network testing.

These methods ensure a high return on investment (ROI), offer new business opportunities, speed up time-to-market, enhance interoperability, improve engagement, and provide better and quick services. As a result, IoT testing is widely adopted across various industrial verticals such as telecommunication, information and technology (IT), energy and utility, retail, manufacturing, and healthcare sectors across the globe.

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Global IoT Testing Market Trends:

The market is primarily driven by the escalating demand for information technology (IT)-based services across the globe. In addition, rapid urbanization, the growing population, and the widespread adoption of mobile devices and tablets are contributing to market growth. Moreover, the growing use of microservices has resulted in the development of better IoT applications, thus accelerating the product adoption rate across the globe. Besides this, various technological advancements, such as the incorporation of big data, the internet of things (IoT), DevOps, and mobility, that enhance the ability of an organization to deliver high-velocity services and applications represent another major growthinducing factor. Along with this, the extensive use of application programming interface (API) monitoring to gain visibility and evaluate the response, availability, performance, and functional correctness of various applications is providing a positive thrust to the market growth. Furthermore, the increasing employment of IoT testing for testing passwords and credentials and data interface of IoT devices to reduce security breaches and research and development (R&D) activities conducted by key players are also creating a favorable market outlook.

Looking forward, IMARC Group expects the market value to reach US$ 14.4 Billion by 2028, exhibiting a CAGR of 34.2% during the forecast period (2023-2028).

View Report TOC, Figures and Tables: https://www.imarcgroup.com/iot-testing-market

Report Description Report Description and Highlights

Key Market Segmentation

The research report includes the following segments:

Breakup by Testing Type:

• Functional Testing

• Performance Testing

• Network Testing

• Compatibility Testing

• Usability Testing

• Security Testing

Breakup by Service Type:

• Managed Services

• Professional Services

Breakup by Deployment Mode:

• On-premises

• Cloud-based

Breakup by Application:

• Smart Building and Home Automation

• Capillary Network Management

• Smart Utilities

• Vehicle Telematics

• Smart Manufacturing

• Smart Healthcare

Breakup by Region:

• North America

• Asia Pacific

• Europe

• Latin America

• Middle East and Africa

Competitive Landscape with Key Players:

• AFour Technologies Pvt. Ltd

• Apica AB

• Beyond Security (HelpSystems LLC)

• Capgemini SE

• Happiest Minds Technologies Limited

• HCL Technologies Limited

• Infosys Limited

• Keysight Technologies

• Praetorian

• Rapid7 Inc

• Saksoft Limited

• Singapore Telecommunications Limited

1. How has the global IoT testing market performed so far and how will it perform in the coming years?

2. What has been the impact of COVID-19 on the global IoT testing market?

3. What are the key regional markets?

4. What is the breakup of the market based on the testing type?

5. What is the breakup of the market based on the service type?

6. What is the breakup of the market based on the deployment mode?

7. What is the breakup of the market based on the application?

8. What are the various stages in the value chain of the industry?

9. What are the key driving factors and challenges in the industry?

10. What is the structure of the global IoT testing market and who are the key players?

11. What is the degree of competition in the industry?

Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/iot-testing-market/toc

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Report Description Report Description and Highlights

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