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Internet of Things (IoT) Testing Market Share, Trends, Demand, Growth Prospects, Key Players, Opportunities and Forecast

 Market Highlights

The growing need for the testing of Internet Protocol (IP) coupled with the need for testing of IoT applications is likely to have a positive influence on the growth of the Internet of Things (IoT) testing market in the foreseeable future.

The Internet of Things (IoT) testing market is prognosticated to attract massive investments in the years to come and witness a drastic rise in applications. It is projected to have a favorable impact on the proliferation of the market across the review period. On the contrary, factors such as hardware-software mesh, safety concerns, privacy issues, network availability, real-time complexity & scalability of the system, etc. are poised to hinder market growth.

The global market report covering various aspects of the Internet of Things (IoT) Testing market predicts a growth up to a valuation of USD 1,708 million by 2022 with a 33% CAGR during the forecast period of 2016 to 2022. Market Research Future (MRFR) discusses IoT testing market share prospects by analyzing various factors that can boost the market growth, like the demand to avoid challenges regarding dynamic environment, hardware-software mesh, scalability of the system, real-time complexity, privacy issues, hardware quality, safety concerns, complex use cases, network availability, and others. Rising inclusion of DevOps is likely to bolster growth.

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Segmentation:

The global market report of the Internet of Things testing market has been discussed on the basis of a segmentation that included testing type, testing tool, and application. This segmentation is supposed to facilitate a study of the market and provide various data on the market.

By testing type, the global review of the Internet of Things testing market includes a study of upgrade testing, pilot testing, regulatory testing, compatibility testing, network connectivity testing, performance testing, usability testing, and others.

By testing tools, the report on the Internet of Things testing market comprises software tools and hardware tools. The software tools segment includes Wireshark and Tcpdump. The hardware tools segment includes a proper discussion of JTAG dongle, digital storage oscilloscope, and software-defined radio.

By applications, the market report of the Internet of Things testing market can be reviewed on the basis of smart appliances, wearable devices, smart energy meters, smart healthcare devices, and connected cars.

Regional Analysis

The global Internet of Things (IoT) testing market, by region, has been segmented into Asia Pacific, North America, Europe and the Rest of the World (RoW). North America is poised to dominate the global market in the forthcoming years. The region is a pioneer in IoT technology which is expected to work in favor of the proliferation of the Internet of Things (IoT) testing market. Asia Pacific is also expected to exhibit stellar growth over the next few years owing to rising investments by the communication service providers.

Competitive Dashboard:

Key players participating in the competitive landscape of the global Internet of Things (IoT) testing market are Cognizant (U.S.), Infosys (India), HCL Technologies (India), Keysight technologies (U.S.), Rapid Value Solutions (U.S.), Capgemini (France), TCS (India), AFour Technologies (U.S.), Happiest Minds Technologies (India), SmartBear Software (U.S.), and Rapid7 (U.S.)

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