The global IoT testing market size is expected to grow from $0.64 billion in 2021 to $0.89 billion in 2022 at a compound annual growth rate (CAGR) of 38.9%. The change in the IoT testing market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $2.96 billion in 2026 at a CAGR of 35.0%.
What is the Global IoT Testing Market?
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 internet.
Get a Sample of the global IoT testing market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2577&type=smp
What drives the Global IoT Testing Market?
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 a system of connected devices that can be accessed through internet. IoT is used in vast range of gadgets and applications such as smart watch, refrigerators, air conditioners, lock system, infrastructure and healthcare products. It is highly important to test the devices in order to ensure their connectivity, performance, usability and security. According to the estimates of Gartner, the number of IoT devices in use is expected to grow above 20 billion by 2026. This rise in use of IoT devices will contribute to the growth of the IoT testing market.
Get the full global IoT testing industry report here:
https://www.thebusinessresearchcompany.com/report/iot-testing-global-market-report
Global IoT Testing Market Segments
The global IoT testing market is segmented:
By Testing Type: Functional Testing, Usability Testing, Security Testing, Compatibility Testing, Performance Testing, Network Testing
By Testing Tool: Software Tools, Hardware Tools
By Application: Connected Cars, Smart Appliances, Smart Energy Meters, Wearable Devices, Smart Healthcare Devices
By Geography: The regions covered in the IoT testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
IoT Testing Global Market Report 2022provides market size and growth forecasts for the global IoT testing market, global IoT testing market share, IoT testing market segments and geographies, IoT testing market competitive landscape including leading competitors’ revenues, profiles and market shares. The IoT testing market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global IoT Testing Industry Playersinclude HCL Technologies Ltd, Tata Consultancy Services Limited, Happiest Minds, RapidValue Solutions, AFour Technologies, Rapid7, Infosys Limited, Smartbear Software, Capgemini, Cognizant, Saksoft Ltd, Beyond Security, Ixia, NovacoastInc., Trustwave Holdings, Praetorian, Keysight technologies, IBM, Cigniti Technologies, Texas instruments, Zephyr and Apica System. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
