IoT Testing Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Global Internet of Things (IoT) Testing Services Market Size & Outlook. The market is segmented by Service Type (Professional, Managed), Testing Type (Functional Testing, Performance Testing, Network Testing, Compatibility Testing, Usability Testing, Security Testing), End-user Industry (Retail, Manufacturing, Healthcare, Energy, and Utilities, IT & Telecom), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa). The market size and forecasts are provided in terms of value (USD) for all the above segments.

IoT Testing Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

IoT Testing Market Size

IoT Testing Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 32.34 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Medium

Major Players

IoT Testing Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of IoT Testing Market with other markets in Technology, Media and Telecom Industry

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IoT Testing Market Analysis

The IoT Testing Market is expected to register a CAGR of 32.34% during the forecast period.

  • Due to the increasing adoption of smartphones and mobile devices, coupled with the growing internet penetration, the evolution of IoT has witnessed immense growth in recent years. The same factor is expected to continue driving the demand for IoT solutions in the future as well. The rise in these devices leads to increased data being generated.
  • IoT testing tools are widely used for open-source applications and to help monitor the traffic between the sender and the receiver. Hence, IoT testing tools, along with IoT solutions, are likely to become a significant factor in driving the market demand.
  • Moreover, IoT testing services play a vital role in testing smart components and IoT applications to offer end users superior quality experiences and services. IoT testing involves real-time intelligence and communication to ensure perfect harmony between hardware and software throughout the connected network.
  • The increased deployment of microservices is primarily driving the market for IoT testing. The growing need for DevOps to improve an organization's capacity to provide apps and services at a high velocity compared to conventional software development is also accelerating the market's expansion.
  • In addition, the increasing use of ingress protection (IP) testing for improved IoT devices and the growing consumer awareness of the many advantages offered by IoT testing, such as network security, the usability of connected devices, connectivity, system performance overall, etc., are significant growth-inducing factors.
  • However, as the IoT ecosystem expands, it will likely face problems scaling the testing process. With microservices test automation in IoT, the complexity of testing a massive architecture is expected to reduce, as each microservice can be tested as a separate process. Utilizing microservices for IoT testing also offers the benefits of testing the IoT system's extensibility, scalability, and integrations.
  • The growing demand for IoT during the pandemic increased the opportunities for the growth of the IoT testing market. Owing to the outbreak of COVID-19, the global supply chain and demand for multiple products have experienced disruption. The IoT adoption was significantly affected until the end of 2020. In later stages, the implementation of IoT technologies in healthcare during the epidemic for better information coordination and real-time patient monitoring significantly boosted the recovery of the IoT testing industry.

IoT Testing Industry Overview

The IoT testing market is moderately competitive and consists of several significant players. Some players currently dominating the market in terms of market share include Novacoast, Inc., Keysight Technologies, Inc., Praetorian Security, Inc., AFour Technologies Pvt. Ltd. (ACL Digital), and Apica Systems. However, the IoT testing solution providers are focusing on creating a point of difference among their competitors to sustain the global market's competitive landscape. Several players are expanding their offerings through investments in new product development backed by research and development spending.

 In January 2023, Happiest Minds Technologies Limited announced the signing of formal agreements to purchase 100% of SMI, a prominent IT services firm with headquarters in Madurai, India, for a total consideration of upfront and deferred equity consideration of INR 111 crores (USD 13.5 million). SMI has 400+ offshore workers and an annual sales run rate of about USD 9 Million. 

In December 2022, ACL Digital, a player in design-driven engineering services, solutions, and digital transformation, declared the acquisition of AFour Technologies. ACL Digitala 's product engineering and digital solutions are strengthened by this purchase of the AFour Technologies company, and it will be able to speed up its clients' journeys toward digital transformation.

IoT Testing Market Leaders

  1. Novacoast, Inc.

  2. Keysight Technologies, Inc.

  3. Praetorian Security, Inc.

  4. Apica Systems

  5. AFour Technologies Pvt. Ltd. (ACL Digital)

  6. *Disclaimer: Major Players sorted in no particular order
IoT Testing Market Concentration
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IoT Testing Market News

  • January 2023: Cognizant, a prominent IT services company, agreed to acquire Mobica, a supplier of IoT software engineering services with its headquarters in Manchester, United Kingdom. Mobica's services include the whole software development lifecycle, focusing on customers' strategic internal research and development initiatives and core expertise in various domains, including testing. The purchase considerably broadens Cognizant's expertise in IoT-embedded software engineering and offers clients a broader range of end-to-end assistance to facilitate digital transformation.
  • April 2022: ACL Digital, a provider of design-led digital experience, product innovation, solutions, and consulting services, announced the acquisition of VOLANSYS, a player in digital transformation and product realization. With this purchase, ACL Digital broadens its portfolio of services. Also, it solidifies its position as a full-service supplier in the fields of product engineering, digital transformation, and the internet of things, including IoT testing.

IoT Testing Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Value Chain Analysis
  • 4.3 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.3.1 Bargaining Power of Suppliers
    • 4.3.2 Bargaining Power of Consumers
    • 4.3.3 Threat of New Entrants
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry
  • 4.4 Assessment of the Impact of COVID-19 on the Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Increase in Security Concerns in IOT Devices
    • 5.1.2 The Growing Number of IOT Devices
  • 5.2 Market Restraints
    • 5.2.1 Rising Complexity of IOT Devices
    • 5.2.2 Shortage of Uniform Standards for Interoperability and Interconnection
  • 5.3 Discussion on Various Types of IOT Testing (Data Integrity Testing, Functional Testing, Security Testing, Performance Testing, Usability Testing, Reliability & Scalability Testing)

6. MARKET SEGMENTATION

  • 6.1 By Service Type
    • 6.1.1 Professional
    • 6.1.2 Managed
  • 6.2 By Testing Type
    • 6.2.1 Functional Testing
    • 6.2.2 Performance Testing
    • 6.2.3 Network Testing
    • 6.2.4 Compatibility Testing
    • 6.2.5 Usability Testing
    • 6.2.6 Security Testing
  • 6.3 End-user Industry
    • 6.3.1 Retail
    • 6.3.2 Manufacturing
    • 6.3.3 Healthcare
    • 6.3.4 Energy and Utilities
    • 6.3.5 IT & Telecom
    • 6.3.6 Other End-user Industries
  • 6.4 Geography
    • 6.4.1 North America
    • 6.4.2 Europe
    • 6.4.3 Asia-Pacific
    • 6.4.4 Latin America
    • 6.4.5 Middle East and Africa

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 IBM Corporation
    • 7.1.2 Apica Systems
    • 7.1.3 AFour Technologies Pvt. Ltd. (ACL Digital)
    • 7.1.4 Happiest Minds Technologies Pvt. Ltd
    • 7.1.5 Qualitest Group
    • 7.1.6 Praetorian Security, Inc.
    • 7.1.7 Saksoft Limited
    • 7.1.8 Keysight Technologies, Inc.
    • 7.1.9 Novacoast, Inc.
    • 7.1.10 Trustwave Holdings Inc. (Singtel)
    • 7.1.11 HCL Technologies Limited
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. MARKET OPPORTUNITIES AND FUTURE TRENDS

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IoT Testing Industry Segmentation

IoT testing can be defined as a procedure that includes running an IoT solution through a number of tests to make sure it is prepared for practical applications. The market for the study defines the revenues generated from the sales of IoT testing services across various end-users, including retail, manufacturing, healthcare, energy and utilities, IT & telecom. The market also covers the major factors impacting the growth of the IoT testing market in terms of drivers and restraints.

The IoT Testing Market is segmented by Service Type (Professional, Managed), Testing Type (Functional Testing, Performance Testing, Network Testing, Compatibility Testing, Usability Testing, Security Testing), End-user Industry (Retail, Manufacturing, Healthcare, Energy and Utilities, IT & Telecom), and Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

By Service Type Professional
Managed
By Testing Type Functional Testing
Performance Testing
Network Testing
Compatibility Testing
Usability Testing
Security Testing
End-user Industry Retail
Manufacturing
Healthcare
Energy and Utilities
IT & Telecom
Other End-user Industries
Geography North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
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IoT Testing Market Research FAQs

What is the current IoT Testing Market size?

The IoT Testing Market is projected to register a CAGR of 32.34% during the forecast period (2025-2030)

Who are the key players in IoT Testing Market?

Novacoast, Inc., Keysight Technologies, Inc., Praetorian Security, Inc., Apica Systems and AFour Technologies Pvt. Ltd. (ACL Digital) are the major companies operating in the IoT Testing Market.

Which is the fastest growing region in IoT Testing Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in IoT Testing Market?

In 2025, the North America accounts for the largest market share in IoT Testing Market.

What years does this IoT Testing Market cover?

The report covers the IoT Testing Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the IoT Testing Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

IoT Testing Industry Report

Statistics for the 2025 IoT Testing market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. IoT Testing analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.