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Asia Pacific 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

  • 136 Pages
  • April 2024
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5955392
The Asia Pacific Cloud Testing Market would witness market growth of 14.3% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific Cloud Testing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,383.5 million by 2031. The Japan market is registering a CAGR of 13.5% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 15% during (2024 - 2031).



The market is characterized by continuous innovation and evolution, driven by technological advancements, changing market dynamics, and evolving customer demands. The practice of "shift-left" testing, or moving testing tasks earlier in the software development lifecycle (SDLC), is becoming increasingly popular.

Moreover, testing procedures are affected by the use of containerization technologies like Docker and Kubernetes and the architectural change to microservices-based systems. Cloud testing solutions are evolving to support the unique challenges associated with testing distributed, containerized applications. Organizations can ensure the reliability, scalability, and performance of containerized applications in cloud environments by providing containerized testing environments and orchestrating the deployment of microservices for testing purposes.

As per the data given by the State Council of China, the telecommunications industry logged steady expansion in 2022, and official data indicates a rapid growth in emerging businesses and new infrastructure. The sector's firms generated a revenue of 1.58 trillion yuan (233.38 billion U.S. dollars), reflecting an annual growth rate of 8 percent. Additionally, As per Invest India, the Digital India initiative has been instrumental in achieving its goal, and it has been extended with a total budget of ~INR 14,903 Cr from 2021-22 to 2025-26. Hence, the growing telecom sector and digitalization initiatives in the Asia Pacific will boost the region's demand for cloud testing solutions.

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 China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.

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
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific

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