HOME Top Market Reports 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

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

By: marketsandmarkets.com
Publishing Date: February 2017
Report Code: TC 5056

 

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The IoT testing market size is 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% from 2016 to 2021.

Objectives of the study:

The main objective of this report is to define, describe, and forecast the IoT testing market on the basis of testing type, service type, along with application type, and region. The report provides detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). The report attempts to forecast the market size with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America. The report strategically profiles key players and comprehensively analyzes their core competencies. This report also tracks and analyzes competitive developments such as joint ventures, mergers and acquisitions, and new product developments in the market.

The research methodology used to estimate and forecast the IoT testing market begins with collection and analysis of data on key vendor revenues through secondary research such as annual reports and press releases, investor presentations of companies, conferences and associations such as IoT Dev + Test Conference, IoT Summit, IEEE: Conference on software testing, verification, and validation, IoT solutions world congress, EAI: Conference on Interoperability in IoT, technology journals, certified publications, and articles from recognized authors, directories, and databases. The vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the market from the revenue of key players (companies) and their shares in this market. The IoT testing market spending across all regions, along with the geographical split in the various verticals, using various testing services was considered to arrive at the overall market size. After arriving at the overall market size, the total market was split into several segments and sub-segments, which were then verified through primary research by conducting extensive interviews with key people, such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and to arrive at the exact statistics for all segments and sub segments. The breakdown of profiles of primary is depicted in the below figure:

Internet of Things (IoT) Testing Market

To know about the assumptions considered for the study, download the pdf brochure

The IoT testing ecosystem comprises vendors providing IoT testing services and solutions to their commercial clients across globe. Companies such Cognizant (U.S.), Infosys (India), HCL Technologies (India), Capgemini (France), TCS (India), Happiest Minds Technologies (India), AFour Technologies (U.S.), SmartBear Software (U.S.), Rapid Value Solutions (U.S.), and Rapid7 (U.S.), and many others have adopted new partnerships, agreements, and collaborations as their key strategy to enhance their IoT testing market reach. This strategy accounted for the largest share of the total strategies adopted by the market players.

Key Target Audience

  • IoT testing providers
  • Quality assurance providers
  • IoT platform providers
  • IoT service providers
  • Application providers
  • Communication service providers
  • Third-party system integrators
  • Managed service providers
  • Hardware vendors
  • Regulatory agencies
  • Governments

 “Study answers several questions for the stakeholders, primarily which market segments to focus in next two to five years for prioritizing the efforts and investments”.

Scope of the Report

The research report segments the IoT testing market into the following submarkets:

By Testing Type:

  • Functional Testing
  • Performance Testing
  • Network Testing
  • Security Testing
  • Compatibility Testing
  • Usability Testing

By Service Type:

  • Managed Services
  • Professional Services

By Application Type:

  • Smart Building and Home Automation
  • Capillary Networks Management
  • Smart Utilities
  • Vehicle Telematics
  • Smart Manufacturing
  • Smart Healthcare

By Region:

  • North America
  • Europe
  • APAC
  • MEA
  • Latin America

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Geographic Analysis

  • Further breakdown of the North America market into the U.S. and Canada
  • Further breakdown of the European market into U.K, Germany, and France

Company Information

  • Detailed analysis and profiling of additional market players

Table of Contents

1 Introduction (Page No. - 13)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 16)
    2.1 Research Data
           2.1.1 Use Cases and Testing Coverage
           2.1.2 Secondary Data
           2.1.3 Primary Data
                    2.1.3.1 Breakdown of Primary Interviews
                    2.1.3.2 Key Industry Insights
    2.2 Market Size Estimation
    2.3 Assumptions

3 Executive Summary (Page No. - 22)

4 Premium Insights (Page No. - 26)
    4.1 Attractive Market Opportunities in the IoT Testing Market
    4.2 Market: Top Three Growing Testing Type
    4.3 Market, By Component and By Region, 2016
    4.4 Market, By Region, 2016 vs 2021
    4.5 Best Markets to Invest (2016–2021)
    4.6 Lifecycle Analysis, By Region

5 IoT Testing Market Overview (Page No. - 30)
    5.1 Market Segmentation
           5.1.1 By Testing Type
           5.1.2 By Service Type
           5.1.3 By Professional Service Type
           5.1.4 By Application Type
           5.1.5 By Region
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Microservices Driving the Development of Enhanced IoT Applications
                    5.2.1.2 Rising Importance of Devops
                    5.2.1.3 Need for Ip Testing of Rising IoT Devices
                    5.2.1.4 API Monitoring is Set to Play A Crucial Role
                    5.2.1.5 Need for Shift Left Testing of IoT Applications
           5.2.2 Restraints
                    5.2.2.1 Dead Apps Pose A Formidable Restraint to Enterprises
                    5.2.2.2 Shadow It Risk
                    5.2.2.3 Lack of Consistency Among Standards for Interconnectivity and Interoperability
           5.2.3 Opportunities
                    5.2.3.1 Advent of Software-Defined Application Platform and Controllers
                    5.2.3.2 Aligning Management Strategy With Organizational Strategic Initiatives
                    5.2.3.3 Testing Using Service Virtualization
           5.2.4 Challenges
                    5.2.4.1 Private Data of Individuals at Risk
                    5.2.4.2 Test Every Possible Input to Every Possible Variable
                    5.2.4.3 Scalability of the IoT System and Applications
                    5.2.4.4 Operational Challenges Such as Real-Time Complexity, Dynamic Environment, and Lack of Compatibility and Connectivity

6 IoT Testing Market: Industry Trends (Page No. - 40)
    6.1 Introduction
    6.2 System Architecture
    6.3 Strategic Benchmarking

7 IoT Testing Market Analysis, By Testing Type (Page No. - 42)
    7.1 Introduction
    7.2 Functional Testing
    7.3 Performance Testing
    7.4 Network Testing
    7.5 Security Testing
    7.6 Compatibility Testing
    7.7 Usability Testing

8 IoT Testing Market Analysis, By Service Type (Page No. - 51)
    8.1 Introduction
    8.2 Professional Services
           8.2.1 Business Consulting Services
           8.2.2 Platform Testing Services
           8.2.3 Device Field Testing Services
           8.2.4 Mobile Application Testing Services
           8.2.5 Device and Application Management Services
           8.2.6 Training and Support Services
    8.3 Managed Services

9 IoT Testing Market Analysis, By Application Type (Page No. - 62)
    9.1 Introduction
    9.2 Smart Building and Home Automation
    9.3 Capillary Networks Management
    9.4 Smart Utilities
    9.5 Vehicle Telematics
    9.6 Smart Manufacturing
    9.7 Smart Healthcare

10 Geographic Analysis (Page No. - 71)
     10.1 Introduction
     10.2 North America
     10.3 Europe
     10.4 Asia-Pacific
     10.5 Middle East and Africa
     10.6 Latin America

11 Company Profiles (Page No. - 90)
     11.1 Introduction
(Overview, Financials, Products & Services, Strategy, and Developments)*
     11.2 Cognizant Technology Solutions Corporation
     11.3 Infosys Limited
     11.4 Capgemini S.A.
     11.5 Rapid7 Inc.
     11.6 Smartbear Software

*Details on Overview, Financials, Product & Services, Strategy, and Developments Might Not Be Captured in Case of Unlisted Companies.

12 Key Innovators (Page No. - 104)
     12.1 Tata Consultancy Services
             12.1.1 Business Overview
     12.2 HCL Technologies Ltd.
             12.2.1 Business Overview
     12.3 Happiest Minds Technologies
             12.3.1 Business Overview
     12.4 Rapidvalue Solutions
             12.4.1 Business Overview
     12.5 Saksoft Limited
             12.5.1 Business Overview
     12.6 Apica System
             12.6.1 Business Overview
     12.7 Novacoast, Inc.
             12.7.1 Business Overview
     12.8 Trustwave Holdings
             12.8.1 Business Overview
     12.9 Ixia
             12.9.1 Bussiness Overview
     12.10 Beyond Security
             12.10.1 Business Overview
     12.11 Afour Technologies Pvt Ltd
             12.11.1 Business Overview
     12.12 Praetorian
             12.12.1 Business Overview

13 Appendix (Page No. - 117)
     13.1 Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Introducing RT: Real-Time Market Intelligence
     13.5 Available Customizations
     13.6 Related Reports
     13.7 Author Details


List of Tables (46 Tables)

Table 1 IoT Testing Market Size and Growth Rate, (USD Million, Y-O-Y %)
Table 2 IoT Testing Market Size, By Testing Type, 2016–2021 (USD Million)
Table 3 Functional Testing: Market Size, By Region, 2016–2021 (USD Million)
Table 4 Performance Testing: Market Size, By Region, 2016–2021 (USD Million)
Table 5 Network Testing: Market Size, By Region, 2016–2021 (USD Million)
Table 6 Security Testing: Market Size, By Region, 2016–2021 (USD Million)
Table 7 Compatibility Testing: Market Size, By Region, 2016–2021 (USD Million)
Table 8 Usability Testing: Market Size, By Region, 2016–2021 (USD Million)
Table 9 IoT Testing Market Size, By Service Type, 2016–2021 (USD Million)
Table 10 IoT Testing Market Size, By Professional Service Type, 2016–2021 (USD Million)
Table 11 Professional Services: Market Size, By Region, 2016–2021 (USD Million)
Table 12 Business Consulting Services: Market Size, By Region, 2016–2021 (USD Million)
Table 13 Platform Testing Services: Market Size, By Region, 2016–2021 (USD Million)
Table 14 Device Field Testing Services: Market Size, By Region, 2016–2021 (USD Million)
Table 15 Mobile Application Testing Services: Market Size, By Region, 2016–2021 (USD Million)
Table 16 Device and Application Management Services: Market Size, By Region, 2016–2021 (USD Million)
Table 17 Training and Support Services: IoT Testing Market Size, By Region, 2016–2021 (USD Million)
Table 18 Managed Services: Market Size, By Region, 2016–2021 (USD Million)
Table 19 IoT Testing Market Size, By Application Type, 2016–2021 (USD Million)
Table 20 Smart Building and Home Automation: Market Size, By Region, 2016–2021 (USD Million)
Table 21 Capillary Networks Management: Market Size, By Region, 2016–2021 (USD Million)
Table 22 Smart Utilities: IoT Testing Market Size, By Region, 2016–2021 (USD Million)
Table 23 Vehicle Telematics: Market Size, By Region, 2016–2021 (USD Million)
Table 24 Smart Manufacturing: Market Size, By Region, 2016–2021 (USD Million)
Table 25 Smart Healthcare: Market Size, By Region, 2016–2021 (USD Million)
Table 26 IoT Testing Market Size, By Region, 2016–2021 (USD Million)
Table 27 North America: Market Size, By Testing Type, 2016–2021 (USD Million)
Table 28 North America: Market Size, By Service Type, 2016–2021 (USD Million)
Table 29 North America: Market Size, By Professional Service Type, 2016–2021 (USD Million)
Table 30 North America: Market Size, By Application Type, 2016–2021 (USD Million)
Table 31 Europe: IoT Testing Market Size, By Testing Type, 2016–2021 (USD Million)
Table 32 Europe: Market Size, By Service Type, 2016–2021 (USD Million)
Table 33 Europe: Market Size, By Professional Service Type, 2016–2021 (USD Million)
Table 34 Europe: Market Size, By Application Type, 2016–2021 (USD Million)
Table 35 Asia-Pacific: IoT Testing Market Size, By Testing Type, 2016–2021 (USD Million)
Table 36 Asia-Pacific: Market Size, By Service Type, 2016–2021 (USD Million)
Table 37 Asia-Pacific: Market Size, By Professional Service Type, 2016–2021 (USD Million)
Table 38 Asia-Pacific: Market Size, By Application Type, 2016–2021 (USD Million)
Table 39 Middle East and Africa: IoT Testing Market Size, By Testing Type, 2016–2021 (USD Million)
Table 40 Middle East and Africa: Market Size, By Service Type, 2016–2021 (USD Million)
Table 41 Middle East and Africa: Market Size, By Professional Service Type, 2016–2021 (USD Million)
Table 42 Middle East and Africa: Market Size, By Application Type, 2016–2021 (USD Million)
Table 43 Latin America: IoT Testing Market Size, By Testing Type, 2016–2021 (USD Million)
Table 44 Latin America: Market Size, By Service Type, 2016–2021 (USD Million)
Table 45 Latin America: Market Size, By Professional Service Type, 2016–2021 (USD Million)
Table 46 Latin America: Market Size, By Application Type, 2016–2021 (USD Million)


List of Figures (46 Figures)

Figure 1 IoT Testing Market Segmentation
Figure 2 IoT Testing Market: Research Design
Figure 3 Data Triangulation
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 IoT Testing Type Market Snapshot: Network Testing is Expected to Dominate the Market (2016–2021)
Figure 7 IoT Testing Market Regional Snapshot: North American Market is Expected to Grow Fourfold During the Forecast Period
Figure 8 North America is Estimated to Hold the Largest Market Share in 2016
Figure 9 Growing Need for Shift Left Testing of IoT Applications and Rising Importance of Microservices & Devops is Driving the IoT Testing Market
Figure 10 Network Testing, Compatibility Testing, and Usability Testing Types are Expected to Grow at an Impressive Rates During the Forecast Period
Figure 11 Network Testing is Expected to Hold the Largest Market Share in the IoT Testing Market During the Forecast Period
Figure 12 North America is Expected to Hold the Largest Market Size During the Forecast Period
Figure 13 Asia-Pacific is Considered to Be the Best Market to Invest in During the Forecast Period
Figure 14 Regional Lifecycle
Figure 15 IoT Testing Market: Market Segmentation
Figure 16 Market Segmentation: By Testing Type
Figure 17 Market Segmentation: By Service Type
Figure 18 Market Segmentation: By Professional Service Type
Figure 19 Market Segmentation: By Application Type
Figure 20 Market Segmentation: By Region
Figure 21 Market: Drivers, Restraints, Opportunities, and Challenges
Figure 22 Market: System Architecture
Figure 23 Strategic Benchmarking: Agreements, Partnerships, and Collaborations
Figure 24 Network Testing Segment is Expected to Lead the IoT Testing Market During the Forecast Period
Figure 25 North America is Expected to Lead in the IoT Testing Market for Network Testing During the Forecast Period
Figure 26 Asia-Pacific is Expected to Grow at A Rapid Pace During the Forecast Period
Figure 27 Managed Services Segment is Expected to Grow at A Higher CAGR Compared to Professional Services in the IoT Testing Market During the Forecast Period
Figure 28 Device Field Testing Professional Services Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 29 North America is Expected to Dominate the Mobile Application Testing Services Segment in the IoT Testing Market During the Forecast Period
Figure 30 North America is Expected to Dominate the Device and Application Management Services Segment in the IoT Testing Market During the Forecast Period
Figure 31 North America is Expected to Dominate the Managed Services Segment in the IoT Testing Market During the Forecast Period
Figure 32 Smart Manufacturing Segment is Expected to Dominate the IoT Testing Market During the Forecast Period
Figure 33 Asia-Pacific is Expected to Grow at the Highest CAGR in Vehicle Telematics Segment During the Forecast Period
Figure 34 North America is Expected to Dominate the Smart Manufacturing Application During the Forecast Period
Figure 35 North America is Expected to Exhibit the Largest Market Size in the IoT Testing Market During the Forecast Period
Figure 36 Regional Snapshot: Middle East & Africa and Latin America are Emerging as New Hotspots
Figure 37 Network Testing is Expected to Have the Largest Market Size in North America During the Forecast Period
Figure 38 Vehicle Telematics is Expected to Grow at the Highest CAGR in North America During the Forecast Period
Figure 39 North America Market Snapshot
Figure 40 Network Testing is Expected to Have the Largest Market Size in Asia-Pacific During the Forecast Period
Figure 41 Vehicle Telematics is Expected to Grow at the Highest CAGR in Asia-Pacific During the Forecast Period
Figure 42 Asia-Pacific Market Snapshot
Figure 43 Cognizant Technology Solutions Corporation: Company Snapshot
Figure 44 Infosys Limited: Company Snapshot
Figure 45 Capgemini S.A.: Company Snapshot
Figure 46 Rapid7 Inc.: Company Snapshot

MarketsandMarkets forecasts the Internet of IoT testing market size 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%.

The IoT testing market is segmented on the basis of testing types, service types, and application types markets. The testing type segment is categorized into functional testing, performance testing, network testing, security testing, compatibility testing, and usability testing. Network testing holds the largest market share in the testing type segment, as 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 service type segment is categorized into professional and managed services. The professional service type segment includes business consulting services, platform testing services, device field testing services, mobile application testing services, device & application management services, and training & support services. The application type segment is categorized into smart building & home automation, capillary networks management, smart utilities, vehicle telematics, smart manufacturing, and smart healthcare.

IoT describes how the internet will get bigger as sensors and intelligence are connected to physical things or consumer smart devices that are connected to the Internet. IoT is being adopted by different industries as a result of increasing daily business operations, new functionality for customers, and reduction in the expenses. The complex architecture of IoT systems and their unique characteristics make it mandatory to perform various types of testing across all system components. In order to ensure the scalability, performance, and security of IoT applications, the following types of testing are conducted: functional testing, performance testing, network testing, security testing, compatibility testing, and usability testing. Functional testing of IoT devices includes the testing of interaction between devices, valid calculation, error handling, and basic device testing required for the performance of IoT application. Performance testing in IoT is carried out for performance validation of IoT devices and application performance, data transmit frequency between IoT device and application, multiple request handling carried out by smart devices, interrupt testing, and synchronization between IoT device & application. 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. Security testing delivers comprehensive insights into security weaknesses present in infrastructures and IoT applications, which help to protect the IoT ecosystem from advanced persistent threats, zero-day attacks, and other cyber threats. In the IoT space, compatibility testing involves a comprehensive test of the various combinations of the sensors, applications, devices, platforms, and protocols. Usability testing refers to evaluating an IoT application with the respective user to identify any usability problem, collect the qualitative & quantitative data, and determine the user satisfaction of the application. IoT testing requires a dedicated team to test the IoT applications according to the changing needs of the customer. A strategic approach with a strong test strategy is essential in testing an IoT application since all the components may work well in isolation but may not work as an integrated solution.

Internet of Things (IoT) Testing Market

North America is expected to hold the largest market share and would dominate the IoT testing market from 2016 to 2021. This region has major dominance with sustainable and well-established economies, empowering them to strongly invest in research and development activities, thereby contributing to the development of new technologies such as IoT, big data, DevOps, and mobility. This adoption impacted the growth of testing services market extensively. Organizations are also keen to integrate IoT technologies in their processes, which boosted the growth of the IoT testing market significantly. Asia-Pacific (APAC) has witnessed advanced and dynamic adoption of new technologies and has always been a lucrative market.

The lack of uniform testing standards and data security & privacy concerns are some of the restraining factors for the IoT testing market. However, the recent developments, new product launches, and acquisitions of major market players in the testing arena are boosting the growth of the market. This study also measures and evaluates the major offerings and key strategies of major vendors such as Infosys (India), HCL (India), TCS (India), Cognizant (U.S.), Capgemini (France), SmartBear Software (U.S.), and Happiest Minds Technologies (India) have been at the forefront in offering innovative IoT testing services and solutions to their commercial clients across diverse geographical locations.

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