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LAMEA Cloud Testing Market Size, Share & Trends Analysis Report By Component (Tools / Platforms and Services ), By Vertical, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 135 Pages
  • April 2024
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5955278
The Latin America, Middle East and Africa Cloud Testing Market would witness market growth of 16.0% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Cloud Testing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $631.4 million by 2031. The Argentina market is showcasing a CAGR of 16.7% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 15.7% during (2024 - 2031).



Artificial intelligence and machine learning are increasingly leveraged to enhance testing processes and outcomes. AI-driven testing solutions use machine learning algorithms to analyze historical test data, identify patterns, and predict potential areas of risk or failure. By automating test case generation, execution, and maintenance, AI-driven testing tools can improve test coverage, reduce testing effort, and enhance the effectiveness of testing activities in cloud environments.

Additionally, AI-driven testing solutions automate various aspects of the testing lifecycle, including test case generation, execution, and maintenance. Through ML-based techniques such as genetic algorithms, neural networks, and natural language processing, AI-driven testing tools can automatically generate test cases, optimize test suites, and adapt testing strategies based on evolving requirements and feedback.

As per the data from the International Trade Administration, among Gulf Cooperation Council (GCC) nations, the UAE is the leader in e-commerce, with a record-breaking $3.9 billion in e-commerce sales in 2020, representing 10% of total retail sales and a 53% increase. In addition, As per the data released in 2023 by the International Trade Administration, in line with the Kingdom’s long-term strategic Vision 2030 program to enhance and broaden sea-to-air and rail-to-road connectivity, Saudi Arabia initiated the National Transport and Logistics Strategy. Saudi Arabia’s freight and logistics sector is valued at $20.47 billion and is expected to reach $32.12 billion by 2026. Thus, the rising transportation sector and increasing e-commerce trends in LAMEA will help in the growth of the regional cloud testing market.

Based on Component, the market is segmented into Tools / Platforms (Functional Testing Tools, Performance/Load Testing Tools, GUI Testing Tools, API Testing Tools, Service Virtualization Tools, and Others) and Services (Professional and Managed). Based on Vertical, the market is segmented into Retail & Ecommerce, Telecom & IT, Media & Entertainment, Healthcare & Lifesciences, BFSI, Transportation, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • IBM Corporation
  • Oracle Corporation
  • Broadcom, Inc. (CA Technologies, Inc.)
  • Open Text Corporation
  • Cognizant Technology Solutions Corporation
  • Capgemini SE
  • Cavisson Systems Inc.
  • Tricentis
  • Akamai Technologies, Inc.
  • Cygnet Digital

Market Report Segmentation

By Component
  • Tools / Platforms
  • Functional Testing Tools
  • Performance/Load Testing Tools
  • GUI Testing Tools
  • API Testing Tools
  • Service Virtualization Tools
  • Others
  • Services
  • Professional
  • Managed
By Vertical
  • Retail & Ecommerce
  • Telecom & IT
  • Media & Entertainment
  • Healthcare & Lifesciences
  • BFSI
  • Transportation
  • Others
By Country
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Cloud Testing Market, by Component
1.4.2 LAMEA Cloud Testing Market, by Vertical
1.4.3 LAMEA Cloud Testing Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Mergers & Acquisition: 2021, Apr - 2023, Nov) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. LAMEA Cloud Testing Market by Component
5.1 LAMEA Tools / Platforms Market by Country
5.2 LAMEA Cloud Testing Market by Tools / Platforms Type
5.2.1 LAMEA Functional Testing Tools Market by Country
5.2.2 LAMEA Performance/Load Testing Tools Market by Country
5.2.3 LAMEA GUI Testing Tools Market by Country
5.2.4 LAMEA API Testing Tools Market by Country
5.2.5 LAMEA Service Virtualization Tools Market by Country
5.2.6 LAMEA Others Market by Country
5.3 LAMEA Services Market by Country
5.4 LAMEA Cloud Testing Market by Services Type
5.4.1 LAMEA Professional Market by Country
5.4.2 LAMEA Managed Market by Country
Chapter 6. LAMEA Cloud Testing Market by Vertical
6.1 LAMEA Retail & Ecommerce Market by Country
6.2 LAMEA Telecom & IT Market by Country
6.3 LAMEA Media & Entertainment Market by Country
6.4 LAMEA Healthcare & Lifesciences Market by Country
6.5 LAMEA BFSI Market by Country
6.6 LAMEA Transportation Market by Country
6.7 LAMEA Others Market by Country
Chapter 7. LAMEA Cloud Testing Market by Country
7.1 Brazil Cloud Testing Market
7.1.1 Brazil Cloud Testing Market by Component
7.1.1.1 Brazil Cloud Testing Market by Tools / Platforms Type
7.1.1.2 Brazil Cloud Testing Market by Services Type
7.1.2 Brazil Cloud Testing Market by Vertical
7.2 Argentina Cloud Testing Market
7.2.1 Argentina Cloud Testing Market by Component
7.2.1.1 Argentina Cloud Testing Market by Tools / Platforms Type
7.2.1.2 Argentina Cloud Testing Market by Services Type
7.2.2 Argentina Cloud Testing Market by Vertical
7.3 UAE Cloud Testing Market
7.3.1 UAE Cloud Testing Market by Component
7.3.1.1 UAE Cloud Testing Market by Tools / Platforms Type
7.3.1.2 UAE Cloud Testing Market by Services Type
7.3.2 UAE Cloud Testing Market by Vertical
7.4 Saudi Arabia Cloud Testing Market
7.4.1 Saudi Arabia Cloud Testing Market by Component
7.4.1.1 Saudi Arabia Cloud Testing Market by Tools / Platforms Type
7.4.1.2 Saudi Arabia Cloud Testing Market by Services Type
7.4.2 Saudi Arabia Cloud Testing Market by Vertical
7.5 South Africa Cloud Testing Market
7.5.1 South Africa Cloud Testing Market by Component
7.5.1.1 South Africa Cloud Testing Market by Tools / Platforms Type
7.5.2 South Africa Cloud Testing Market by Services Type
7.5.3 South Africa Cloud Testing Market by Vertical
7.6 Nigeria Cloud Testing Market
7.6.1 Nigeria Cloud Testing Market by Component
7.6.1.1 Nigeria Cloud Testing Market by Tools / Platforms Type
7.6.1.2 Nigeria Cloud Testing Market by Services Type
7.6.2 Nigeria Cloud Testing Market by Vertical
7.7 Rest of LAMEA Cloud Testing Market
7.7.1 Rest of LAMEA Cloud Testing Market by Component
7.7.1.1 Rest of LAMEA Cloud Testing Market by Tools / Platforms Type
7.7.1.2 Rest of LAMEA Cloud Testing Market by Services Type
7.7.2 Rest of LAMEA Cloud Testing Market by Vertical
Chapter 8. Company Profiles
8.1 Cygnet Digital
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Acquisition and Mergers:
8.2 IBM Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional & Segmental Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Oracle Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.6 SWOT Analysis
8.4 Broadcom, Inc. (CA Technologies, Inc.)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Open Text Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Acquisition and Mergers:
8.5.6 SWOT Analysis
8.6 Cognizant Technology Solutions Corporation
8.6.1 Company overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 SWOT Analysis
8.7 Capgemini SE
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Recent strategies and developments:
8.7.4.1 Partnerships, Collaborations, and Agreements:
8.7.5 SWOT Analysis
8.8 Cavisson Systems Inc.
8.8.1 Company Overview
8.9 Tricentis
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Product Launches and Product Expansions:
8.9.2.2 Acquisition and Mergers:
8.10. Akamai Technologies, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Research & Development Expense
8.10.4 Recent strategies and developments:
8.10.4.1 Acquisition and Mergers:
8.10.5 SWOT Analysis

Companies Mentioned

  • IBM Corporation
  • Oracle Corporation
  • Broadcom, Inc. (CA Technologies, Inc.)
  • Open Text Corporation
  • Cognizant Technology Solutions Corporation
  • Capgemini SE
  • Cavisson Systems Inc.
  • Tricentis
  • Akamai Technologies, Inc.
  • Cygnet Digital

Methodology

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