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Internet of Things (IoT) Testing Market Worth 1,378.5 Million USD by 2021


News provided by

MarketsandMarkets

03 Mar, 2017, 13:30 GMT

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PUNE, India, March 3, 2017 /PRNewswire/ --

According to a new market research report "Internet of Things (IoT) Testing Market by Testing Type (Functional, Performance, Network, Security, Compatibility, and Usability), Service Type (Professional and Managed), Application Type, and Region - Global Forecast to 2021", published by MarketsandMarkets, the market size estimated to grow from USD 302.9 Million in 2016 to USD 1,378.5 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 35.4%.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 46 market data Tables and 56 Figures spread through 141 Pages and in-depth TOC on "Internet of Things (IoT) Testing Market"

http://www.marketsandmarkets.com/Market-Reports/iot-testing-market-51412648.html
Early buyers will receive 10% customization on this report.

The major forces driving the IoT Testing Market include the growing need for Internet Protocol (IP) testing of the increasing number of IoT devices and applications. Moreover, the need for shift left testing of IoT applications and the rising importance of DevOps are also some of the factors which are driving the market.

Network testing is the fastest growing testing type in the IoT Testing Market during the forecast period 

Network testing in IoT verifies the working and behavior of IoT applications with heterogeneous network connections and ensures synchronization of application with all different networking protocols to ensure seamless connectivity across the IoT platform. The primary focus of network testing includes the test of uplink and downlink speed of a network and responsiveness of the network connecting IoT application.

Request Report Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=51412648

Smart manufacturing application segment is expected to hold the largest market share in the IoT Testing Market during the forecast period 

Smart manufacturing helps the manufacturers to access new and emerging forms of business intelligence. It utilizes all the components of tracking, addressing the complexities of security, interoperability, and intellectual property for manufacturing. IoT testing of smart manufacturing includes highly efficient and automated manufacturing tests, which chooses a wireless communications tester for sophisticated manufacturing devices to perform non-signalling tests on IoT devices. IoT testing in smart manufacturing supports functional, performance, and compatibility testing of smart devices deployed in the manufacturing processes and operations, in order to enhance the manufacturing efficiency and overall productivity.

North America is expected to contribute the largest market share in the IoT Testing Market during the forecast period 

North America is expected to hold the largest market share and dominate the IoT Testing Market from 2016 to 2021. This region has the major dominance with sustainable and well-established economies, empowering them to strongly invest in the R&D activities, thereby contributing to the development of new technologies. The early adoption of trending technologies such as IoT, big data, DevOps, and mobility in this region has boosted the growth of overall IoT testing services market Organizations are also keen to integrate IoT technologies in their processes, to automate, test, and monitor operations and to boost their operational efficiency and productivity, which contributes to the growth of the IoT testing significantly.

Make an Enquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=51412648

The major vendors in the IoT Testing Market include Infosys (India), HCL (India), SmartBear Software (U.S.), TCS (India), Capgemini (France), and Cognizant (U.S.).

Browse Related Reports 

Internet of Things (IoT) Market by Software Solution (Real-Time Streaming Analytics, Security, Data Management, Remote Monitoring, & Network Bandwidth Management), Platform, Service, Application Domain, and Region - Global Forecast to 2021

http://www.marketsandmarkets.com/Market-Reports/internet-of-things-market-573.html

Internet of Things (IoT) Security Market by Technology (Network, Cloud and Application Security, Identity Access Management, Threat Intelligence, UTM, IDS/IPS, Device Management, Encryption), Industry Vertical and Application - Global Forecast to 2021

http://www.marketsandmarkets.com/Market-Reports/iot-security-market-67064836.html

Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets 

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.


Contact:
Mr. Rohan
MarketsandMarkets
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Suite 2175, Seattle,
WA 98101, United States
Tel: 1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
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