+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

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

  • PDF Icon

    Report

  • 136 Pages
  • April 2024
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5955354
The Europe Cloud Testing Market would witness market growth of 13.1% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Cloud Testing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,746.9 million by 2031. The UK market is exhibiting a CAGR of 12% during (2024 - 2031). Additionally, The France market would experience a CAGR of 13.9% during (2024 - 2031).



Security testing is also increasingly moving to the cloud, driven by the need to address evolving cybersecurity threats and compliance requirements. Cloud-based security testing solutions enable organizations to assess the vulnerability of their applications to common security risks such as SQL injection, cross-site scripting (XSS), and authentication vulnerabilities. By using cloud-based penetration testing tools and services, organizations may proactively detect and repair security vulnerabilities, hence improving the overall security posture of their cloud-based apps.

Additionally, cloud testing includes testing for new technologies like machine learning (ML), artificial intelligence (AI), and the Internet of Things, as well as more established software applications. With the proliferation of IoT devices and connected ecosystems, testing the interoperability, reliability, and scalability of IoT applications in cloud environments has become critical.

As per the International Trade Administration, consumer e-commerce now accounts for 36.3% of the total retail sector in the UK (as of Jan 2021), with e-commerce revenue projected to increase to 285.60 billion dollars by 2025. In 2022, UK online sales saw their highest annual growth since 2007, rising 36%. Moreover, as per the report titled Key Figures on European Transport, published in 2022 by Eurostat, the transport sector contributes around 5 % to the EU’s gross domestic product. In 2020, Hungary reported the highest government expenditure on transport relative to GDP (4.6 %). Thus, the expansion of the growing transportation sector and e-commerce platforms in Europe is expected to help the growth of the regional 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

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
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

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 Europe Cloud Testing Market, by Component
1.4.2 Europe Cloud Testing Market, by Vertical
1.4.3 Europe 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. Europe Cloud Testing Market by Component
5.1 Europe Tools / Platforms Market by Country
5.2 Europe Cloud Testing Market by Tools / Platforms Type
5.2.1 Europe Functional Testing Tools Market by Country
5.2.2 Europe Performance/Load Testing Tools Market by Country
5.2.3 Europe GUI Testing Tools Market by Country
5.2.4 Europe API Testing Tools Market by Country
5.2.5 Europe Service Virtualization Tools Market by Country
5.2.6 Europe Others Market by Country
5.3 Europe Services Market by Country
5.4 Europe Cloud Testing Market by Services Type
5.4.1 Europe Professional Market by Country
5.4.2 Europe Managed Market by Country
Chapter 6. Europe Cloud Testing Market by Vertical
6.1 Europe Retail & Ecommerce Market by Country
6.2 Europe Telecom & IT Market by Country
6.3 Europe Media & Entertainment Market by Country
6.4 Europe Healthcare & Lifesciences Market by Country
6.5 Europe BFSI Market by Country
6.6 Europe Transportation Market by Country
6.7 Europe Others Market by Country
Chapter 7. Europe Cloud Testing Market by Country
7.1 Germany Cloud Testing Market
7.1.1 Germany Cloud Testing Market by Component
7.1.1.1 Germany Cloud Testing Market by Tools / Platforms Type
7.1.1.2 Germany Cloud Testing Market by Services Type
7.1.2 Germany Cloud Testing Market by Vertical
7.2 UK Cloud Testing Market
7.2.1 UK Cloud Testing Market by Component
7.2.1.1 UK Cloud Testing Market by Tools / Platforms Type
7.2.1.2 UK Cloud Testing Market by Services Type
7.2.2 UK Cloud Testing Market by Vertical
7.3 France Cloud Testing Market
7.3.1 France Cloud Testing Market by Component
7.3.1.1 France Cloud Testing Market by Tools / Platforms Type
7.3.1.2 France Cloud Testing Market by Services Type
7.3.2 France Cloud Testing Market by Vertical
7.4 Russia Cloud Testing Market
7.4.1 Russia Cloud Testing Market by Component
7.4.1.1 Russia Cloud Testing Market by Tools / Platforms Type
7.4.1.2 Russia Cloud Testing Market by Services Type
7.4.2 Russia Cloud Testing Market by Vertical
7.5 Spain Cloud Testing Market
7.5.1 Spain Cloud Testing Market by Component
7.5.1.1 Spain Cloud Testing Market by Tools / Platforms Type
7.5.1.2 Spain Cloud Testing Market by Services Type
7.5.2 Spain Cloud Testing Market by Vertical
7.6 Italy Cloud Testing Market
7.6.1 Italy Cloud Testing Market by Component
7.6.1.1 Italy Cloud Testing Market by Tools / Platforms Type
7.6.1.2 Italy Cloud Testing Market by Services Type
7.6.2 Italy Cloud Testing Market by Vertical
7.7 Rest of Europe Cloud Testing Market
7.7.1 Rest of Europe Cloud Testing Market by Component
7.7.1.1 Rest of Europe Cloud Testing Market by Tools / Platforms Type
7.7.1.2 Rest of Europe Cloud Testing Market by Services Type
7.7.2 Rest of Europe 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

Loading
LOADING...