Asia Pacific Cloud Testing Market

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

Report Id: KBV-21988 Publication Date: April-2024 Number of Pages: 136
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Analysis of Market Size & Trends

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).

Asia Pacific Cloud Testing Market

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.

Free Valuable Insights: The Global Cloud Testing Market is Predict to reach USD 29.3 Billion by 2031, at a CAGR of 13.5%

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.

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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

Asia Pacific Cloud Testing 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
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