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Internet of Things (IoT) Testing: Global Strategic Business Report

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    Report

  • 93 Pages
  • October 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5303487

Global Internet of Things (IoT) Testing Market to Reach $13.2 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Internet of Things (IoT) Testing estimated at US$1.8 Billion in the year 2020, is projected to reach a revised size of US$13.2 Billion by 2027, growing at a CAGR of 32.8% over the analysis period 2020-2027. Network Testing, one of the segments analyzed in the report, is projected to record a 35.2% CAGR and reach US$5.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Functional Testing segment is readjusted to a revised 33.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $545.7 Million, While China is Forecast to Grow at 31.7% CAGR

The Internet of Things (IoT) Testing market in the U.S. is estimated at US$545.7 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2027 trailing a CAGR of 31.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 29.8% and 27.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 22.8% CAGR.

Performance Testing Segment to Record 31.5% CAGR

In the global Performance Testing segment, USA, Canada, Japan, China and Europe will drive the 31.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$247 Million in the year 2020 will reach a projected size of US$1.7 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 37 Featured) -

  • Afour Technologies Pvt Ltd
  • Apica System
  • Beyond Security
  • Capgemini S.A.
  • HCL Technologies Ltd.
  • Happiest Minds Technologies
  • Infosys Limited
  • Ixia
  • Novacoast, Inc.
  • Praetorian
  • Rapid7 Inc.
  • Rapidvalue Solutions
  • Saksoft Limited
  • Smartbear Software
  • Tata Consultancy Services
  • Trustwave Holdings

What's New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year
Frequently Asked Questions about the Global Market for Internet of Things (IoT) Testing

What is the estimated value of the Global Market for Internet of Things (IoT) Testing?

The Global Market for Internet of Things (IoT) Testing was estimated to be valued at $1.8 Billion in 2020.

What is the growth rate of the Global Market for Internet of Things (IoT) Testing?

The growth rate of the Global Market for Internet of Things (IoT) Testing is 32.9%, with an estimated value of $13.2 Billion by 2027.

What is the forecasted size of the Global Market for Internet of Things (IoT) Testing?

The Global Market for Internet of Things (IoT) Testing is estimated to be worth $13.2 Billion by 2027.

Who are the key companies in the Global Market for Internet of Things (IoT) Testing?

Key companies in the Global Market for Internet of Things (IoT) Testing include Afour Technologies Pvt Ltd, Apica System, Beyond Security, Capgemini S.A., HCL Technologies Ltd., Happiest Minds Technologies, Infosys Limited, Ixia and Praetorian.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Internet of Things (IoT) Testing - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Internet of Things (IoT) Testing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 2: World 7-Year Perspective for Internet of Things (IoT) Testing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2021 & 2027
  • Table 3: World Recent Past, Current & Future Analysis for Network Testing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 4: World 7-Year Perspective for Network Testing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
  • Table 5: World Recent Past, Current & Future Analysis for Functional Testing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 6: World 7-Year Perspective for Functional Testing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
  • Table 7: World Recent Past, Current & Future Analysis for Performance Testing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 8: World 7-Year Perspective for Performance Testing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
  • Table 9: World Recent Past, Current & Future Analysis for Security Testing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 10: World 7-Year Perspective for Security Testing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
  • Table 11: World Recent Past, Current & Future Analysis for Compatibility Testing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 12: World 7-Year Perspective for Compatibility Testing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
  • Table 13: World Recent Past, Current & Future Analysis for Usability Testing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 14: World 7-Year Perspective for Usability Testing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
  • Table 15: World Internet of Things (IoT) Testing Market Analysis of Annual Sales in US$ Thousand for Years 2012 through 2027
III. MARKET ANALYSIS
UNITED STATES
  • Internet of Things (IoT) Testing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
  • Table 16: USA Recent Past, Current & Future Analysis for Internet of Things (IoT) Testing by Type - Network Testing, Functional Testing, Performance Testing, Security Testing, Compatibility Testing and Usability Testing - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 17: USA 7-Year Perspective for Internet of Things (IoT) Testing by Type - Percentage Breakdown of Value Sales for Network Testing, Functional Testing, Performance Testing, Security Testing, Compatibility Testing and Usability Testing for the Years 2021 & 2027
CANADA
  • Table 18: Canada Recent Past, Current & Future Analysis for Internet of Things (IoT) Testing by Type - Network Testing, Functional Testing, Performance Testing, Security Testing, Compatibility Testing and Usability Testing - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 19: Canada 7-Year Perspective for Internet of Things (IoT) Testing by Type - Percentage Breakdown of Value Sales for Network Testing, Functional Testing, Performance Testing, Security Testing, Compatibility Testing and Usability Testing for the Years 2021 & 2027
JAPAN
  • Internet of Things (IoT) Testing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
  • Table 20: Japan Recent Past, Current & Future Analysis for Internet of Things (IoT) Testing by Type - Network Testing, Functional Testing, Performance Testing, Security Testing, Compatibility Testing and Usability Testing - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 21: Japan 7-Year Perspective for Internet of Things (IoT) Testing by Type - Percentage Breakdown of Value Sales for Network Testing, Functional Testing, Performance Testing, Security Testing, Compatibility Testing and Usability Testing for the Years 2021 & 2027
CHINA
  • Internet of Things (IoT) Testing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
  • Table 22: China Recent Past, Current & Future Analysis for Internet of Things (IoT) Testing by Type - Network Testing, Functional Testing, Performance Testing, Security Testing, Compatibility Testing and Usability Testing - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 23: China 7-Year Perspective for Internet of Things (IoT) Testing by Type - Percentage Breakdown of Value Sales for Network Testing, Functional Testing, Performance Testing, Security Testing, Compatibility Testing and Usability Testing for the Years 2021 & 2027
EUROPE
  • Internet of Things (IoT) Testing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
  • Table 24: Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) Testing by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 25: Europe 7-Year Perspective for Internet of Things (IoT) Testing by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2021 & 2027
  • Table 26: Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) Testing by Type - Network Testing, Functional Testing, Performance Testing, Security Testing, Compatibility Testing and Usability Testing - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 27: Europe 7-Year Perspective for Internet of Things (IoT) Testing by Type - Percentage Breakdown of Value Sales for Network Testing, Functional Testing, Performance Testing, Security Testing, Compatibility Testing and Usability Testing for the Years 2021 & 2027
FRANCE
  • Internet of Things (IoT) Testing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
  • Table 28: France Recent Past, Current & Future Analysis for Internet of Things (IoT) Testing by Type - Network Testing, Functional Testing, Performance Testing, Security Testing, Compatibility Testing and Usability Testing - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 29: France 7-Year Perspective for Internet of Things (IoT) Testing by Type - Percentage Breakdown of Value Sales for Network Testing, Functional Testing, Performance Testing, Security Testing, Compatibility Testing and Usability Testing for the Years 2021 & 2027
GERMANY
  • Internet of Things (IoT) Testing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
  • Table 30: Germany Recent Past, Current & Future Analysis for Internet of Things (IoT) Testing by Type - Network Testing, Functional Testing, Performance Testing, Security Testing, Compatibility Testing and Usability Testing - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 31: Germany 7-Year Perspective for Internet of Things (IoT) Testing by Type - Percentage Breakdown of Value Sales for Network Testing, Functional Testing, Performance Testing, Security Testing, Compatibility Testing and Usability Testing for the Years 2021 & 2027
ITALY
  • Table 32: Italy Recent Past, Current & Future Analysis for Internet of Things (IoT) Testing by Type - Network Testing, Functional Testing, Performance Testing, Security Testing, Compatibility Testing and Usability Testing - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 33: Italy 7-Year Perspective for Internet of Things (IoT) Testing by Type - Percentage Breakdown of Value Sales for Network Testing, Functional Testing, Performance Testing, Security Testing, Compatibility Testing and Usability Testing for the Years 2021 & 2027
UNITED KINGDOM
  • Internet of Things (IoT) Testing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
  • Table 34: UK Recent Past, Current & Future Analysis for Internet of Things (IoT) Testing by Type - Network Testing, Functional Testing, Performance Testing, Security Testing, Compatibility Testing and Usability Testing - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 35: UK 7-Year Perspective for Internet of Things (IoT) Testing by Type - Percentage Breakdown of Value Sales for Network Testing, Functional Testing, Performance Testing, Security Testing, Compatibility Testing and Usability Testing for the Years 2021 & 2027
REST OF EUROPE
  • Table 36: Rest of Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) Testing by Type - Network Testing, Functional Testing, Performance Testing, Security Testing, Compatibility Testing and Usability Testing - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 37: Rest of Europe 7-Year Perspective for Internet of Things (IoT) Testing by Type - Percentage Breakdown of Value Sales for Network Testing, Functional Testing, Performance Testing, Security Testing, Compatibility Testing and Usability Testing for the Years 2021 & 2027
ASIA-PACIFIC
  • Internet of Things (IoT) Testing Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
  • Table 38: Asia-Pacific Recent Past, Current & Future Analysis for Internet of Things (IoT) Testing by Type - Network Testing, Functional Testing, Performance Testing, Security Testing, Compatibility Testing and Usability Testing - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 39: Asia-Pacific 7-Year Perspective for Internet of Things (IoT) Testing by Type - Percentage Breakdown of Value Sales for Network Testing, Functional Testing, Performance Testing, Security Testing, Compatibility Testing and Usability Testing for the Years 2021 & 2027
REST OF WORLD
  • Table 40: Rest of World Recent Past, Current & Future Analysis for Internet of Things (IoT) Testing by Type - Network Testing, Functional Testing, Performance Testing, Security Testing, Compatibility Testing and Usability Testing - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 41: Rest of World 7-Year Perspective for Internet of Things (IoT) Testing by Type - Percentage Breakdown of Value Sales for Network Testing, Functional Testing, Performance Testing, Security Testing, Compatibility Testing and Usability Testing for the Years 2021 & 2027
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Afour Technologies Pvt Ltd
  • Apica System
  • Beyond Security
  • Capgemini S.A.
  • HCL Technologies Ltd.
  • Happiest Minds Technologies
  • Infosys Limited
  • Ixia
  • Novacoast, Inc.
  • Praetorian
  • Rapid7 Inc.
  • Rapidvalue Solutions
  • Saksoft Limited
  • Smartbear Software
  • Tata Consultancy Services
  • Trustwave Holdings