The Europe IoT Testing Market would witness market growth of 31.1% CAGR during the forecast period (2023-2030).
IoT device proliferation across industries has produced complex ecosystems comprising various platforms, devices, and communication protocols. IP testing guarantees that gadgets can communicate with one another effectively, promoting interoperability and preventing communication failures. The capacity to manage rising network traffic is becoming even more crucial as IoT networks grow. IP testing evaluates how the equipment operates under various loads to make sure it can grow to handle larger data volumes without suffering performance deterioration. Effective IP testing also examines the caliber of data transfer, considering elements like data integrity, latency, and packet loss.
For IoT applications to operate accurately and reliably, optimum data transfer must be ensured. Additionally, IP testing ensures IoT devices abide by laws governing data transmission and communication. The market acceptability of conforming to industry norms increases, and legal dangers are reduced. As a result, these elements fuel the development of the market.
The significance of smart cities in addressing urban issues, including pollution, congestion, and resource management, has been acknowledged by numerous European governments. They have developed legislation and financial schemes to promote the creation of smart city projects. For instance, the Horizon 2020 program of the European Union has generously funded research and innovation in smart cities. Germany is providing another EUR 500 million for developing smart cities as part of its coronavirus stimulus package. Germany is spending EUR 1,250 billion to promote creating and applying urban technologies. The region's increasing acceptance of smart cities is predicted further to assist the expansion of the market.
The Germany market dominated the Europe IoT Testing Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.0 billion by 2030. The UK market is estimated to grow at a CAGR of 29.9% during (2023 - 2030). Additionally, The France market would exhibit a CAGR of 32% during (2023 - 2030).
Based on Service Type, the market is segmented into Professional Service, and Managed Service. Based on Testing Type, the market is segmented into Functional Testing, Performance Testing, Compatibility Testing, Security Testing, Usability Testing, and Network Testing. Based on Application, the market is segmented into Smart Manufacturing, Smart Building & Home Automation, Smart Utilities, Vehicle Telematics, Smart Healthcare, Capillary Network Management, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide IoT Testing Market is Projected to reach USD 15.5 Billion by 2030, at a CAGR of 31.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Capgemini SE, Infosys Limited, Happiest Minds Technologies Limited, HCL Technologies Ltd. (HCL Enterprises), Keysight Technologies, Inc., Rapid7, Inc., AFour Technologies, Apica AB, Novacoast, Inc., and Praetorian Security, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Service Type
- Professional Service
- Managed Service
By Testing Type
- Functional Testing
- Performance Testing
- Compatibility Testing
- Security Testing
- Usability Testing
- Network Testing
By Application
- Smart Manufacturing
- Smart Building & Home Automation
- Smart Utilities
- Vehicle Telematics
- Smart Healthcare
- Capillary Network Management
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Capgemini SE
- Infosys Limited
- Happiest Minds Technologies Limited
- HCL Technologies Ltd. (HCL Enterprises)
- Keysight Technologies, Inc.
- Rapid7, Inc.
- AFour Technologies
- Apica AB
- Novacoast, Inc.
- Praetorian Security, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe IoT Testing Market, by Service Type
1.4.2 Europe IoT Testing Market, by Testing Type
1.4.3 Europe IoT Testing Market, by Application
1.4.4 Europe IoT Testing Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansion
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Dec – 2023, Aug) Leading Players
4.5 Porter’s Five Forces Analysis
Chapter 5. Europe IoT Testing Market, By Service Type
5.1 Europe Professional Service Market, By Country
5.2 Europe Managed Service Market, By Country
Chapter 6. Europe IoT Testing Market, By Testing Type
6.1 Europe Functional Testing Market, By Country
6.2 Europe Performance Testing Market, By Country
6.3 Europe Compatibility Testing Market, By Country
6.4 Europe Security Testing Market, By Country
6.5 Europe Usability Testing Market, By Country
6.6 Europe Network Testing Market, By Country
Chapter 7. Europe IoT Testing Market, By Application
7.1 Europe Smart Manufacturing Market, By Country
7.2 Europe Smart Building & Home Automation Market, By Country
7.3 Europe Smart Utilities Market, By Country
7.4 Europe Vehicle Telematics Market, By Country
7.5 Europe Smart Healthcare Market, By Country
7.6 Europe Capillary Network Management Market, By Country
7.7 Europe Others Market, By Country
Chapter 8. Europe IoT Testing Market, By Country
8.1 Germany IoT Testing Market
8.1.1 Germany IoT Testing Market, By Service Type
8.1.2 Germany IoT Testing Market, By Testing Type
8.1.3 Germany IoT Testing Market, By Application
8.2 UK IoT Testing Market
8.2.1 UK IoT Testing Market, By Service Type
8.2.2 UK IoT Testing Market, By Testing Type
8.2.3 UK IoT Testing Market, By Application
8.3 France IoT Testing Market
8.3.1 France IoT Testing Market, By Service Type
8.3.2 France IoT Testing Market, By Testing Type
8.3.3 France IoT Testing Market, By Application
8.4 Russia IoT Testing Market
8.4.1 Russia IoT Testing Market, By Service Type
8.4.2 Russia IoT Testing Market, By Testing Type
8.4.3 Russia IoT Testing Market, By Application
8.5 Spain IoT Testing Market
8.5.1 Spain IoT Testing Market, By Service Type
8.5.2 Spain IoT Testing Market, By Testing Type
8.5.3 Spain IoT Testing Market, By Application
8.6 Italy IoT Testing Market
8.6.1 Italy IoT Testing Market, By Service Type
8.6.2 Italy IoT Testing Market, By Testing Type
8.6.3 Italy IoT Testing Market, By Application
8.7 Rest of Europe IoT Testing Market
8.7.1 Rest of Europe IoT Testing Market, By Service Type
8.7.2 Rest of Europe IoT Testing Market, By Testing Type
8.7.3 Rest of Europe IoT Testing Market, By Application
Chapter 9. Company Profiles
9.1 Capgemini SE
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Recent strategies and developments:
9.1.4.1 Partnerships, Collaborations, and Agreements:
9.1.5 SWOT Analysis
9.2 Infosys Limited
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Happiest Minds Technologies Limited
9.3.1 Company Overview
9.3.2 Recent strategies and developments:
9.3.2.1 Partnerships, Collaborations, and Agreements:
9.3.2.2 Geographical Expansions:
9.3.3 SWOT Analysis:
9.4 HCL Technologies Ltd. (HCL Enterprises)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Geographical Expansions:
9.4.6 SWOT Analysis
9.5 Keysight Technologies, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 Rapid7, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.6 SWOT Analysis
9.7 AFour Technologies (ACL Digital) (ALTEN Group)
9.7.1 Company Overview
9.7.2 SWOT Analysis
9.8 Apica AB
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Product Launches and Product Expansions:
9.8.3 SWOT Analysis
9.9 Novacoast, Inc.
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Geographical Expansions:
9.9.3 SWOT Analysis
9.10. Praetorian Security, Inc.
9.10.1 Company Overview
9.10.2 SWOT Analysis
TABLE 1 Europe IoT Testing Market, 2019 - 2022, USD Million
TABLE 2 Europe IoT Testing Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– IOT Testing Market
TABLE 4 Product Launches And Product Expansions– IOT Testing Market
TABLE 5 Acquisition and Mergers– IOT Testing Market
TABLE 6 Geographical Expansion– IOT Testing Market
TABLE 7 Europe IoT Testing Market, By Service Type, 2019 - 2022, USD Million
TABLE 8 Europe IoT Testing Market, By Service Type, 2023 - 2030, USD Million
TABLE 9 Europe Professional Service Market, By Country, 2019 - 2022, USD Million
TABLE 10 Europe Professional Service Market, By Country, 2023 - 2030, USD Million
TABLE 11 Europe Managed Service Market, By Country, 2019 - 2022, USD Million
TABLE 12 Europe Managed Service Market, By Country, 2023 - 2030, USD Million
TABLE 13 Europe IoT Testing Market, By Testing Type, 2019 - 2022, USD Million
TABLE 14 Europe IoT Testing Market, By Testing Type, 2023 - 2030, USD Million
TABLE 15 Europe Functional Testing Market, By Country, 2019 - 2022, USD Million
TABLE 16 Europe Functional Testing Market, By Country, 2023 - 2030, USD Million
TABLE 17 Europe Performance Testing Market, By Country, 2019 - 2022, USD Million
TABLE 18 Europe Performance Testing Market, By Country, 2023 - 2030, USD Million
TABLE 19 Europe Compatibility Testing Market, By Country, 2019 - 2022, USD Million
TABLE 20 Europe Compatibility Testing Market, By Country, 2023 - 2030, USD Million
TABLE 21 Europe Security Testing Market, By Country, 2019 - 2022, USD Million
TABLE 22 Europe Security Testing Market, By Country, 2023 - 2030, USD Million
TABLE 23 Europe Usability Testing Market, By Country, 2019 - 2022, USD Million
TABLE 24 Europe Usability Testing Market, By Country, 2023 - 2030, USD Million
TABLE 25 Europe Network Testing Market, By Country, 2019 - 2022, USD Million
TABLE 26 Europe Network Testing Market, By Country, 2023 - 2030, USD Million
TABLE 27 Europe IoT Testing Market, By Application, 2019 - 2022, USD Million
TABLE 28 Europe IoT Testing Market, By Application, 2023 - 2030, USD Million
TABLE 29 Europe Smart Manufacturing Market, By Country, 2019 - 2022, USD Million
TABLE 30 Europe Smart Manufacturing Market, By Country, 2023 - 2030, USD Million
TABLE 31 Europe Smart Building & Home Automation Market, By Country, 2019 - 2022, USD Million
TABLE 32 Europe Smart Building & Home Automation Market, By Country, 2023 - 2030, USD Million
TABLE 33 Europe Smart Utilities Market, By Country, 2019 - 2022, USD Million
TABLE 34 Europe Smart Utilities Market, By Country, 2023 - 2030, USD Million
TABLE 35 Europe Vehicle Telematics Market, By Country, 2019 - 2022, USD Million
TABLE 36 Europe Vehicle Telematics Market, By Country, 2023 - 2030, USD Million
TABLE 37 Europe Smart Healthcare Market, By Country, 2019 - 2022, USD Million
TABLE 38 Europe Smart Healthcare Market, By Country, 2023 - 2030, USD Million
TABLE 39 Europe Capillary Network Management Market, By Country, 2019 - 2022, USD Million
TABLE 40 Europe Capillary Network Management Market, By Country, 2023 - 2030, USD Million
TABLE 41 Europe Others Market, By Country, 2019 - 2022, USD Million
TABLE 42 Europe Others Market, By Country, 2023 - 2030, USD Million
TABLE 43 Europe IoT Testing Market, By Country, 2019 - 2022, USD Million
TABLE 44 Europe IoT Testing Market, By Country, 2023 - 2030, USD Million
TABLE 45 Germany IoT Testing Market, 2019 - 2022, USD Million
TABLE 46 Germany IoT Testing Market, 2023 - 2030, USD Million
TABLE 47 Germany IoT Testing Market, By Service Type, 2019 - 2022, USD Million
TABLE 48 Germany IoT Testing Market, By Service Type, 2023 - 2030, USD Million
TABLE 49 Germany IoT Testing Market, By Testing Type, 2019 - 2022, USD Million
TABLE 50 Germany IoT Testing Market, By Testing Type, 2023 - 2030, USD Million
TABLE 51 Germany IoT Testing Market, By Application, 2019 - 2022, USD Million
TABLE 52 Germany IoT Testing Market, By Application, 2023 - 2030, USD Million
TABLE 53 UK IoT Testing Market, 2019 - 2022, USD Million
TABLE 54 UK IoT Testing Market, 2023 - 2030, USD Million
TABLE 55 UK IoT Testing Market, By Service Type, 2019 - 2022, USD Million
TABLE 56 UK IoT Testing Market, By Service Type, 2023 - 2030, USD Million
TABLE 57 UK IoT Testing Market, By Testing Type, 2019 - 2022, USD Million
TABLE 58 UK IoT Testing Market, By Testing Type, 2023 - 2030, USD Million
TABLE 59 UK IoT Testing Market, By Application, 2019 - 2022, USD Million
TABLE 60 UK IoT Testing Market, By Application, 2023 - 2030, USD Million
TABLE 61 France IoT Testing Market, 2019 - 2022, USD Million
TABLE 62 France IoT Testing Market, 2023 - 2030, USD Million
TABLE 63 France IoT Testing Market, By Service Type, 2019 - 2022, USD Million
TABLE 64 France IoT Testing Market, By Service Type, 2023 - 2030, USD Million
TABLE 65 France IoT Testing Market, By Testing Type, 2019 - 2022, USD Million
TABLE 66 France IoT Testing Market, By Testing Type, 2023 - 2030, USD Million
TABLE 67 France IoT Testing Market, By Application, 2019 - 2022, USD Million
TABLE 68 France IoT Testing Market, By Application, 2023 - 2030, USD Million
TABLE 69 Russia IoT Testing Market, 2019 - 2022, USD Million
TABLE 70 Russia IoT Testing Market, 2023 - 2030, USD Million
TABLE 71 Russia IoT Testing Market, By Service Type, 2019 - 2022, USD Million
TABLE 72 Russia IoT Testing Market, By Service Type, 2023 - 2030, USD Million
TABLE 73 Russia IoT Testing Market, By Testing Type, 2019 - 2022, USD Million
TABLE 74 Russia IoT Testing Market, By Testing Type, 2023 - 2030, USD Million
TABLE 75 Russia IoT Testing Market, By Application, 2019 - 2022, USD Million
TABLE 76 Russia IoT Testing Market, By Application, 2023 - 2030, USD Million
TABLE 77 Spain IoT Testing Market, 2019 - 2022, USD Million
TABLE 78 Spain IoT Testing Market, 2023 - 2030, USD Million
TABLE 79 Spain IoT Testing Market, By Service Type, 2019 - 2022, USD Million
TABLE 80 Spain IoT Testing Market, By Service Type, 2023 - 2030, USD Million
TABLE 81 Spain IoT Testing Market, By Testing Type, 2019 - 2022, USD Million
TABLE 82 Spain IoT Testing Market, By Testing Type, 2023 - 2030, USD Million
TABLE 83 Spain IoT Testing Market, By Application, 2019 - 2022, USD Million
TABLE 84 Spain IoT Testing Market, By Application, 2023 - 2030, USD Million
TABLE 85 Italy IoT Testing Market, 2019 - 2022, USD Million
TABLE 86 Italy IoT Testing Market, 2023 - 2030, USD Million
TABLE 87 Italy IoT Testing Market, By Service Type, 2019 - 2022, USD Million
TABLE 88 Italy IoT Testing Market, By Service Type, 2023 - 2030, USD Million
TABLE 89 Italy IoT Testing Market, By Testing Type, 2019 - 2022, USD Million
TABLE 90 Italy IoT Testing Market, By Testing Type, 2023 - 2030, USD Million
TABLE 91 Italy IoT Testing Market, By Application, 2019 - 2022, USD Million
TABLE 92 Italy IoT Testing Market, By Application, 2023 - 2030, USD Million
TABLE 93 Rest of Europe IoT Testing Market, 2019 - 2022, USD Million
TABLE 94 Rest of Europe IoT Testing Market, 2023 - 2030, USD Million
TABLE 95 Rest of Europe IoT Testing Market, By Service Type, 2019 - 2022, USD Million
TABLE 96 Rest of Europe IoT Testing Market, By Service Type, 2023 - 2030, USD Million
TABLE 97 Rest of Europe IoT Testing Market, By Testing Type, 2019 - 2022, USD Million
TABLE 98 Rest of Europe IoT Testing Market, By Testing Type, 2023 - 2030, USD Million
TABLE 99 Rest of Europe IoT Testing Market, By Application, 2019 - 2022, USD Million
TABLE 100 Rest of Europe IoT Testing Market, By Application, 2023 - 2030, USD Million
TABLE 101 Key Information – Capgemini SE
TABLE 102 Key Information – Infosys Limited
TABLE 103 Key Information – Happiest Minds Technologies Limited
TABLE 104 Information – HCL Technologies Ltd.
TABLE 105 Key Information – Keysight Technologies, Inc.
TABLE 106 Key Information – Rapid7, Inc.
TABLE 107 Key Information – AFour Technologies
TABLE 108 Key Information – Apica AB
TABLE 109 Key Information – Novacoast, Inc.
TABLE 110 Key Information – Praetorian Security, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe IoT Testing Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting IoT testing market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2022
FIG 6 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Dec – 2023, Aug) Leading Players
FIG 8 Porter’s Five Forces Analysis - IoT Testing Market
FIG 9 Europe IoT Testing Market share, By Service Type, 2022
FIG 10 Europe IoT Testing Market share, By Service Type, 2030
FIG 11 Europe IoT Testing Market, By Service Type, 2019 - 2030, USD Million
FIG 12 Europe IoT Testing Market share, By Testing Type, 2022
FIG 13 Europe IoT Testing Market share, By Testing Type, 2030
FIG 14 Europe IoT Testing Market, By Testing Type, 2019 - 2030, USD Million
FIG 15 Europe IoT Testing Market share, By Application, 2022
FIG 16 Europe IoT Testing Market share, By Application, 2030
FIG 17 Europe IoT Testing Market, By Application, 2019 - 2030, USD Million
FIG 18 Europe IoT Testing Market share, By Country, 2022
FIG 19 Europe IoT Testing Market share, By Country, 2030
FIG 20 Europe IoT Testing Market, By Country, 2019 - 2030, USD Million
FIG 21 SWOT Analysis: Capgemini SE
FIG 22 Recent strategies and developments: Infosys Limited
FIG 23 SWOT Analysis: Infosys Limited
FIG 24 SWOT Analysis: Happiest Minds Technologies Limited
FIG 25 Recent strategies and developments: HCL Technologies Ltd.
FIG 26 SWOT Analysis: HCL Technologies Ltd.
FIG 27 Recent strategies and developments: Keysight Technologies, Inc.
FIG 28 SWOT Analysis: Keysight Technologies, Inc.
FIG 29 SWOT Analysis: Rapid7, Inc.
FIG 30 SWOT Analysis: AFour Technologies
FIG 31 SWOT Analysis: Apica AB
FIG 32 SWOT Analysis: Novacoast, Inc.
FIG 33 SWOT Analysis: Praetorian Security, Inc.