Market Size of Cloud Testing Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 13.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Cloud Testing Market Analysis
The cloud testing market is expected to register a CAGR of over 13% over the forecast period (2021 - 2026). The demand for cloud testing is increasing owing to the capabilities of cloud sourcing technology in software testing activities to perform quality assurance (QA) and to remove bugs.
- The cloud testing market is witnessing positive growth due to DevOps and the cloud's advent and rapid adoption and other efficient and automated services. The DevOps and cloud environments can enable highly scalable, diverse, and complex testing and configuration environments, enabling the vendors to push code through all kinds of tests with good efficiency without having to worry about the server configurations, deployment issues, or bottlenecks, helping the organization to focus on innovation and product improvement.
- The rapid adoption of machine learning (ML) in various sectors is also fueling the demand for these testing solutions. ML is being used in the banking sector to model real-time transactions, and ML, along with AI technology, can help predict fraudulent transactions. Organizations that are ready to dive into this digital domain will experiment with high impacting scenarios developed by ML in the coming years. Testing solution providers should be able to understand the evolving trends in the testing domain and to stay competitive in the market, and they may constantly need to develop scenarios for testing that can validate all the possible outcomes.
- Moreover, many large enterprises had quickly adopted the cloud to streamline operations, save money, and make them more competitive As a result, cloud testing has become necessary to validate the functional system and business requirements. In addition to the cloud experience, cloud testing engineers require the knowledge of different types of testing and tools.
- With the rising spread of COVID-19 across the globe, the businesses suffered significantly. Some players operating in the market are coming out with a couple of initiatives to fight with the situation, which positively impacts the market.In June 2020, in France, the first Bluetooth-based European application called 'StopCovid' was launched and was downloaded more than 600 000 times on that day both from Apple Store and Google Play (Android), according to the French government. These application launches will further boost the cloud testing market significantly.
