27.08.2019 21:30:00
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Cloud Testing Market, 2025 - Global Market is Forecast to Grow by $8.3 Billion
DUBLIN, Aug. 27, 2019 /PRNewswire/ -- The "Cloud Testing - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
Cloud Testing market worldwide is projected to grow by US$8.3 Billion, driven by a compounded growth of 13.1%
Testing Tools/Platforms, one of the segments analyzed and sized in this study, displays the potential to grow at over 11.8%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market.
Poised to reach over US$8.5 Billion by the year 2025, Testing Tools/Platforms will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 14% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$337.4 Million to the region's size and clout in the next 5 to 6 years. Over US$715.8 Million worth of projected demand in the region will come from other emerging Eastern European markets.
In Japan, Testing Tools/Platforms will reach a market size of US$624 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 13% over the next couple of years and add approximately US$1.5 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include the following, among others:
- CA Technologies, Inc. (USA)
- Capgemini SE (France)
- Cavisson Systems, Inc. (USA)
- Cigniti Technologies Ltd. (USA)
- Cognizant Technology Solutions Corporation (USA)
- Cygnet Infotech Pvt. Ltd. (India)
- IBM Corporation (USA)
- Micro Focus International PLC (United Kingdom)
- Neotys S.A.S (France)
- Oracle Corporation (USA)
- SmartBear Software, Inc. (USA)
- Tricentis GmbH (Austria)
- Xamarin, Inc. (USA)
Key Topics Covered:
For more information about this report visit https://www.researchandmarkets.com/r/1y1y57
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SOURCE Research and Markets
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