The cloud testing market size has grown rapidly in recent years. It will grow from $12.29 billion in 2023 to $13.97 billion in 2024 at a compound annual growth rate (CAGR) of 13.6%. The growth observed in the historic period can be attributed to several factors, including the global expansion of businesses, the adoption of DevOps practices, the proliferation of mobile application development, the increasing use of Internet of Things (IoT) devices, cost efficiency measures, and the demand for scalability and flexibility.
The cloud testing market size is expected to see rapid growth in the next few years. It will grow to $22.71 billion in 2028 at a compound annual growth rate (CAGR) of 12.9%. The anticipated growth in the forecast period can be attributed to various factors, including the rising adoption of cloud services, heightened focus on security testing within cloud environments, growing demand for cloud testing solutions compliant with regulatory standards, and the increasing complexity of applications. Major trends expected during this period include the integration of artificial intelligence (AI) and machine learning (ML) technologies, expansion of edge computing, rollout of 5G technology, implementation of hybrid and multi-cloud strategies, prioritization of cybersecurity measures, and optimization of remote work practices.
The surge in cloud adoption is anticipated to drive the growth of the cloud testing market in the forthcoming years. Cloud adoption is on the rise due to its cost-effectiveness, scalability, and accessibility. Cloud testing ensures that applications are scalable, cost-effective, and validated across platforms, optimizing resource utilization and enhancing quality assurance processes. For instance, as per the 2022 State of DevOps Study by Google Cloud Platform's DevOps Research and Assessment (DORA) team in January 2023, the adoption of multiple public clouds increased from 21% to 26% compared to 2021. Additionally, hybrid cloud usage surged from 25% in 2021 to 42.5% in 2022. Moreover, the utilization of public clouds, including multiple clouds, rose to 76% from 56% in 2021. These statistics underscore the growing adoption of cloud technologies, thereby propelling the demand for cloud testing solutions.
Leading companies in the cloud testing market are focusing on developing products with innovative technologies to consolidate their position in the market. An example of this is the Test Suite for Google Cloud launched by Catchpoint Systems, Inc., a US-based Internet resilience company, in January 2024. The Test Suite for Google Cloud is a comprehensive tool designed to streamline the end-to-end monitoring and evaluation of Google Cloud services from various customer-specified endpoints. This suite simplifies the configuration and maintenance of cloud service testing, leading to enhanced operational efficiency and user experience. By leveraging Google Cloud and Catchpoint best practices, IT organizations can quickly create different assessments for Google Cloud services, facilitating rapid issue discovery and troubleshooting. The user-friendly design of the Test Suite for Google Cloud aims to reduce complexity and time investment, making it accessible even to beginners.
In March 2021, Tricentis, a US-based software testing company known for its cloud-based testing tools and platforms, successfully acquired Neotys for an undisclosed amount. This strategic acquisition is aimed at simplifying load testing for complex corporate systems. Neotys, headquartered in France, is a software testing company that specializes in cloud testing platforms. The acquisition aligns with Tricentis' commitment to advancing and streamlining software testing processes, particularly in the context of load testing for intricate corporate systems.
Major companies operating in the cloud testing market are Microsoft Corporation, Dell Inc., Amazon Web Services Inc., HP Inc., Accenture plc, The International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Tata Consultancy Services Limited, Salesforce Inc., Google Cloud Platform, Capgemini SE, NTT DATA Corporation, Cognizant Technology Solutions Corp, Infosys Limited, DXC Technology Company, VMware Inc, Atos SE, HCL Technologies Limited, Wipro Ltd., CGI Inc., Tech Mahindra Ltd, EPAM Systems Inc., Softtek, Rackspace Technology Inc., Mphasis Limited, Virtusa Corporation, Mindtree Limited, Hexaware Technologies, Zensar Technologies Ltd.
North America was the largest region in the cloud testing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cloud testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the cloud testing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Cloud testing involves assessing the functionality, scalability, and reliability of web-based applications within a cloud computing environment. It replicates real-world user traffic to evaluate aspects such as functionality, security, and usability across different devices, browsers, and operating systems. This approach offers benefits such as scalability, cost savings, and improved team collaboration by mimicking actual user conditions such as location, device preferences, and network variations.
Key components of cloud testing include testing platforms, tools, and services. Testing platforms, also referred to as tools, are software or hardware solutions used to test infrastructure or applications. They facilitate scalable, efficient, and comprehensive testing of software across various environments, ensuring reliability and performance in cloud-based deployments. Cloud testing finds applications across organizations of diverse sizes, including small and medium enterprises as well as large enterprises, and spans across industries such as retail, transportation, information technology and telecom, banking and financial services, media and entertainment, and others.
The cloud testing research report is one of a series of new reports that provides cloud testing market statistics, including the cloud testing industry's global market size, regional shares, competitors with an cloud testing market share, detailed cloud testing market segments, market trends and opportunities, and any further data you may need to thrive in the cloud testing industry. This cloud testing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The cloud testing market consists of revenues earned by entities by offering services such as infrastructure provisioning, test automation, compatibility testing, performance testing, and security testing. The market value includes the value of related goods sold by the service provider or included within the service offering. The cloud testing market also includes of sales of virtual machines (VMs), containers, cloud computing platforms, monitoring and logging tools, and security testing tools. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The cloud testing market size is expected to see rapid growth in the next few years. It will grow to $22.71 billion in 2028 at a compound annual growth rate (CAGR) of 12.9%. The anticipated growth in the forecast period can be attributed to various factors, including the rising adoption of cloud services, heightened focus on security testing within cloud environments, growing demand for cloud testing solutions compliant with regulatory standards, and the increasing complexity of applications. Major trends expected during this period include the integration of artificial intelligence (AI) and machine learning (ML) technologies, expansion of edge computing, rollout of 5G technology, implementation of hybrid and multi-cloud strategies, prioritization of cybersecurity measures, and optimization of remote work practices.
The surge in cloud adoption is anticipated to drive the growth of the cloud testing market in the forthcoming years. Cloud adoption is on the rise due to its cost-effectiveness, scalability, and accessibility. Cloud testing ensures that applications are scalable, cost-effective, and validated across platforms, optimizing resource utilization and enhancing quality assurance processes. For instance, as per the 2022 State of DevOps Study by Google Cloud Platform's DevOps Research and Assessment (DORA) team in January 2023, the adoption of multiple public clouds increased from 21% to 26% compared to 2021. Additionally, hybrid cloud usage surged from 25% in 2021 to 42.5% in 2022. Moreover, the utilization of public clouds, including multiple clouds, rose to 76% from 56% in 2021. These statistics underscore the growing adoption of cloud technologies, thereby propelling the demand for cloud testing solutions.
Leading companies in the cloud testing market are focusing on developing products with innovative technologies to consolidate their position in the market. An example of this is the Test Suite for Google Cloud launched by Catchpoint Systems, Inc., a US-based Internet resilience company, in January 2024. The Test Suite for Google Cloud is a comprehensive tool designed to streamline the end-to-end monitoring and evaluation of Google Cloud services from various customer-specified endpoints. This suite simplifies the configuration and maintenance of cloud service testing, leading to enhanced operational efficiency and user experience. By leveraging Google Cloud and Catchpoint best practices, IT organizations can quickly create different assessments for Google Cloud services, facilitating rapid issue discovery and troubleshooting. The user-friendly design of the Test Suite for Google Cloud aims to reduce complexity and time investment, making it accessible even to beginners.
In March 2021, Tricentis, a US-based software testing company known for its cloud-based testing tools and platforms, successfully acquired Neotys for an undisclosed amount. This strategic acquisition is aimed at simplifying load testing for complex corporate systems. Neotys, headquartered in France, is a software testing company that specializes in cloud testing platforms. The acquisition aligns with Tricentis' commitment to advancing and streamlining software testing processes, particularly in the context of load testing for intricate corporate systems.
Major companies operating in the cloud testing market are Microsoft Corporation, Dell Inc., Amazon Web Services Inc., HP Inc., Accenture plc, The International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Tata Consultancy Services Limited, Salesforce Inc., Google Cloud Platform, Capgemini SE, NTT DATA Corporation, Cognizant Technology Solutions Corp, Infosys Limited, DXC Technology Company, VMware Inc, Atos SE, HCL Technologies Limited, Wipro Ltd., CGI Inc., Tech Mahindra Ltd, EPAM Systems Inc., Softtek, Rackspace Technology Inc., Mphasis Limited, Virtusa Corporation, Mindtree Limited, Hexaware Technologies, Zensar Technologies Ltd.
North America was the largest region in the cloud testing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cloud testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the cloud testing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Cloud testing involves assessing the functionality, scalability, and reliability of web-based applications within a cloud computing environment. It replicates real-world user traffic to evaluate aspects such as functionality, security, and usability across different devices, browsers, and operating systems. This approach offers benefits such as scalability, cost savings, and improved team collaboration by mimicking actual user conditions such as location, device preferences, and network variations.
Key components of cloud testing include testing platforms, tools, and services. Testing platforms, also referred to as tools, are software or hardware solutions used to test infrastructure or applications. They facilitate scalable, efficient, and comprehensive testing of software across various environments, ensuring reliability and performance in cloud-based deployments. Cloud testing finds applications across organizations of diverse sizes, including small and medium enterprises as well as large enterprises, and spans across industries such as retail, transportation, information technology and telecom, banking and financial services, media and entertainment, and others.
The cloud testing research report is one of a series of new reports that provides cloud testing market statistics, including the cloud testing industry's global market size, regional shares, competitors with an cloud testing market share, detailed cloud testing market segments, market trends and opportunities, and any further data you may need to thrive in the cloud testing industry. This cloud testing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The cloud testing market consists of revenues earned by entities by offering services such as infrastructure provisioning, test automation, compatibility testing, performance testing, and security testing. The market value includes the value of related goods sold by the service provider or included within the service offering. The cloud testing market also includes of sales of virtual machines (VMs), containers, cloud computing platforms, monitoring and logging tools, and security testing tools. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Cloud Testing Market Characteristics3. Cloud Testing Market Trends and Strategies32. Global Cloud Testing Market Competitive Benchmarking33. Global Cloud Testing Market Competitive Dashboard34. Key Mergers and Acquisitions in the Cloud Testing Market
4. Cloud Testing Market - Macro Economic Scenario
5. Global Cloud Testing Market Size and Growth
6. Cloud Testing Market Segmentation
7. Cloud Testing Market Regional and Country Analysis
8. Asia-Pacific Cloud Testing Market
9. China Cloud Testing Market
10. India Cloud Testing Market
11. Japan Cloud Testing Market
12. Australia Cloud Testing Market
13. Indonesia Cloud Testing Market
14. South Korea Cloud Testing Market
15. Western Europe Cloud Testing Market
16. UK Cloud Testing Market
17. Germany Cloud Testing Market
18. France Cloud Testing Market
19. Italy Cloud Testing Market
20. Spain Cloud Testing Market
21. Eastern Europe Cloud Testing Market
22. Russia Cloud Testing Market
23. North America Cloud Testing Market
24. USA Cloud Testing Market
25. Canada Cloud Testing Market
26. South America Cloud Testing Market
27. Brazil Cloud Testing Market
28. Middle East Cloud Testing Market
29. Africa Cloud Testing Market
30. Cloud Testing Market Competitive Landscape and Company Profiles
31. Cloud Testing Market Other Major and Innovative Companies
35. Cloud Testing Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Cloud Testing Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on cloud testing market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for cloud testing ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The cloud testing market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Component: Testing Platforms And Tools; Services2) By Organization Size: Small And Medium Enterprises; Large Enterprises
3) By End User: Retail And E-commerce; Transportation; Information Technology And Telecom; Banking Financial Services And Insurance (BFSI); Media And Entertainment; Other End Users.
Key Companies Mentioned: Microsoft Corporation; Dell Inc.; Amazon Web Services Inc.; HP Inc.; Accenture plc
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Microsoft Corporation
- Dell Inc.
- Amazon Web Services Inc.
- HP Inc.
- Accenture plc
- The International Business Machines Corporation
- Cisco Systems Inc.
- Oracle Corporation
- Tata Consultancy Services Limited
- Salesforce Inc.
- Google Cloud Platform
- Capgemini SE
- NTT DATA Corporation
- Cognizant Technology Solutions Corp
- Infosys Limited
- DXC Technology Company
- VMware Inc
- Atos SE
- HCL Technologies Limited
- Wipro Ltd.
- CGI Inc.
- Tech Mahindra Ltd
- EPAM Systems Inc.
- Softtek
- Rackspace Technology Inc.
- Mphasis Limited
- Virtusa Corporation
- Mindtree Limited
- Hexaware Technologies
- Zensar Technologies Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | April 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 13.97 Billion |
Forecasted Market Value ( USD | $ 22.71 Billion |
Compound Annual Growth Rate | 12.9% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |