LAMEA Cloud Testing Market

LAMEA 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-21990 Publication Date: April-2024 Number of Pages: 135
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Analysis of Market Size & Trends

The Latin America, Middle East and Africa Cloud Testing Market would witness market growth of 16.0% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Cloud Testing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $631.4 million by 2031. The Argentina market is showcasing a CAGR of 16.7% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 15.7% during (2024 - 2031).

LAMEA Cloud Testing Market

Artificial intelligence and machine learning are increasingly leveraged to enhance testing processes and outcomes. AI-driven testing solutions use machine learning algorithms to analyze historical test data, identify patterns, and predict potential areas of risk or failure. By automating test case generation, execution, and maintenance, AI-driven testing tools can improve test coverage, reduce testing effort, and enhance the effectiveness of testing activities in cloud environments.

Additionally, AI-driven testing solutions automate various aspects of the testing lifecycle, including test case generation, execution, and maintenance. Through ML-based techniques such as genetic algorithms, neural networks, and natural language processing, AI-driven testing tools can automatically generate test cases, optimize test suites, and adapt testing strategies based on evolving requirements and feedback.

As per the data from the International Trade Administration, among Gulf Cooperation Council (GCC) nations, the UAE is the leader in e-commerce, with a record-breaking $3.9 billion in e-commerce sales in 2020, representing 10% of total retail sales and a 53% increase. In addition, As per the data released in 2023 by the International Trade Administration, in line with the Kingdom’s long-term strategic Vision 2030 program to enhance and broaden sea-to-air and rail-to-road connectivity, Saudi Arabia initiated the National Transport and Logistics Strategy. Saudi Arabia’s freight and logistics sector is valued at $20.47 billion and is expected to reach $32.12 billion by 2026. Thus, the rising transportation sector and increasing e-commerce trends in LAMEA will help in the growth of the regional cloud testing market.

Free Valuable Insights: The Worldwide Cloud Testing Market is Projected 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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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

LAMEA 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

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
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