The Latin America, Middle East and Africa IoT Testing Market would witness market growth of 33.8% CAGR during the forecast period (2023-2030).
The investment in IoT-enabled infrastructure will likely increase the need for security testing services for those assets, which could then fuel demand for managed services in these industries. As a result, the market is constantly changing, with new trends appearing as technology progresses. Microservices offer a framework for creating enterprise applications, especially IoT, boost application productivity astoundingly, and aid in speedy application delivery, increasing the applications' flexibility, availability, dependability, and scalability.
Additionally, it accelerates market time and shortens the SDLC for IoT applications. Additionally, the requirement for agility, the need to recompose programs to enable experimentation, and the need to support new delivery platforms like the web, native apps, mobile web, and others are the main drivers of microservices. Moreover, there is a growing need for specialized testing services due to the increasing popularity of microservices architecture in IoT applications. Due to the complexity of microservices-driven IoT systems, thorough testing is required to guarantee seamless interactions, security, scalability, and overall operation. As a result, these factors are propelling the market's expansion.
The overall number of connected devices in Brazil might reach 27.1 billion by 2025, according to a study conducted by the Brazilian Association of Internet of Things (ABINC) in collaboration with ISG Provider Lens. The report finds that since the publication of the Brazilian National IoT Plan, the market for advisory, installation, and managed services for the IoT has considerably matured. In Africa, South Africa is at the forefront of smart city technologies. Cities in South Africa are aware of the numerous advantages of smart cities, which affect various industries and simplify life for citizens in various ways. As a result of this, the deployment of IoT devices in South Africa would also surge. This increasing adoption of IoT in the LAMEA region is estimated to offer growth prospects for the market.
The Brazil market dominated the LAMEA IoT Testing Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $269 million by 2030. The Argentina market is estimated to witness a CAGR of 34.5% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 33.4% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA IoT Testing Market, by Service Type
1.4.2 LAMEA IoT Testing Market, by Testing Type
1.4.3 LAMEA IoT Testing Market, by Application
1.4.4 LAMEA 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. LAMEA IoT Testing Market, By Service Type
5.1 LAMEA Professional Service Market, By Country
5.2 LAMEA Managed Service Market, By Country
Chapter 6. LAMEA IoT Testing Market, By Testing Type
6.1 LAMEA Functional Testing Market, By Country
6.2 LAMEA Performance Testing Market, By Country
6.3 LAMEA Compatibility Testing Market, By Country
6.4 LAMEA Security Testing Market, By Country
6.5 LAMEA Usability Testing Market, By Country
6.6 LAMEA Network Testing Market, By Country
Chapter 7. LAMEA IoT Testing Market, By Application
7.1 LAMEA Smart Manufacturing Market, By Country
7.2 LAMEA Smart Building & Home Automation Market, By Country
7.3 LAMEA Smart Utilities Market, By Country
7.4 LAMEA Vehicle Telematics Market, By Country
7.5 LAMEA Smart Healthcare Market, By Country
7.6 LAMEA Capillary Network Management Market, By Country
7.7 LAMEA Others Market, By Country
Chapter 8. LAMEA IoT Testing Market, By Country
8.1 Brazil IoT Testing Market
8.1.1 Brazil IoT Testing Market, By Service Type
8.1.2 Brazil IoT Testing Market, By Testing Type
8.1.3 Brazil IoT Testing Market, By Application
8.2 Argentina IoT Testing Market
8.2.1 Argentina IoT Testing Market, By Service Type
8.2.2 Argentina IoT Testing Market, By Testing Type
8.2.3 Argentina IoT Testing Market, By Application
8.3 UAE IoT Testing Market
8.3.1 UAE IoT Testing Market, By Service Type
8.3.2 UAE IoT Testing Market, By Testing Type
8.3.3 UAE IoT Testing Market, By Application
8.4 Saudi Arabia IoT Testing Market
8.4.1 Saudi Arabia IoT Testing Market, By Service Type
8.4.2 Saudi Arabia IoT Testing Market, By Testing Type
8.4.3 Saudi Arabia IoT Testing Market, By Application
8.5 South Africa IoT Testing Market
8.5.1 South Africa IoT Testing Market, By Service Type
8.5.2 South Africa IoT Testing Market, By Testing Type
8.5.3 South Africa IoT Testing Market, By Application
8.6 Nigeria IoT Testing Market
8.6.1 Nigeria IoT Testing Market, By Service Type
8.6.2 Nigeria IoT Testing Market, By Testing Type
8.6.3 Nigeria IoT Testing Market, By Application
8.7 Rest of LAMEA IoT Testing Market
8.7.1 Rest of LAMEA IoT Testing Market, By Service Type
8.7.2 Rest of LAMEA IoT Testing Market, By Testing Type
8.7.3 Rest of LAMEA 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 LAMEA IoT Testing Market, 2019 - 2022, USD Million
TABLE 2 LAMEA 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 LAMEA IoT Testing Market, By Service Type, 2019 - 2022, USD Million
TABLE 8 LAMEA IoT Testing Market, By Service Type, 2023 - 2030, USD Million
TABLE 9 LAMEA Professional Service Market, By Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Professional Service Market, By Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Managed Service Market, By Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Managed Service Market, By Country, 2023 - 2030, USD Million
TABLE 13 LAMEA IoT Testing Market, By Testing Type, 2019 - 2022, USD Million
TABLE 14 LAMEA IoT Testing Market, By Testing Type, 2023 - 2030, USD Million
TABLE 15 LAMEA Functional Testing Market, By Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Functional Testing Market, By Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Performance Testing Market, By Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Performance Testing Market, By Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Compatibility Testing Market, By Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Compatibility Testing Market, By Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Security Testing Market, By Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Security Testing Market, By Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Usability Testing Market, By Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Usability Testing Market, By Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Network Testing Market, By Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Network Testing Market, By Country, 2023 - 2030, USD Million
TABLE 27 LAMEA IoT Testing Market, By Application, 2019 - 2022, USD Million
TABLE 28 LAMEA IoT Testing Market, By Application, 2023 - 2030, USD Million
TABLE 29 LAMEA Smart Manufacturing Market, By Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Smart Manufacturing Market, By Country, 2023 - 2030, USD Million
TABLE 31 LAMEA Smart Building & Home Automation Market, By Country, 2019 - 2022, USD Million
TABLE 32 LAMEA Smart Building & Home Automation Market, By Country, 2023 - 2030, USD Million
TABLE 33 LAMEA Smart Utilities Market, By Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Smart Utilities Market, By Country, 2023 - 2030, USD Million
TABLE 35 LAMEA Vehicle Telematics Market, By Country, 2019 - 2022, USD Million
TABLE 36 LAMEA Vehicle Telematics Market, By Country, 2023 - 2030, USD Million
TABLE 37 LAMEA Smart Healthcare Market, By Country, 2019 - 2022, USD Million
TABLE 38 LAMEA Smart Healthcare Market, By Country, 2023 - 2030, USD Million
TABLE 39 LAMEA Capillary Network Management Market, By Country, 2019 - 2022, USD Million
TABLE 40 LAMEA Capillary Network Management Market, By Country, 2023 - 2030, USD Million
TABLE 41 LAMEA Others Market, By Country, 2019 - 2022, USD Million
TABLE 42 LAMEA Others Market, By Country, 2023 - 2030, USD Million
TABLE 43 LAMEA IoT Testing Market, By Country, 2019 - 2022, USD Million
TABLE 44 LAMEA IoT Testing Market, By Country, 2023 - 2030, USD Million
TABLE 45 Brazil IoT Testing Market, 2019 - 2022, USD Million
TABLE 46 Brazil IoT Testing Market, 2023 - 2030, USD Million
TABLE 47 Brazil IoT Testing Market, By Service Type, 2019 - 2022, USD Million
TABLE 48 Brazil IoT Testing Market, By Service Type, 2023 - 2030, USD Million
TABLE 49 Brazil IoT Testing Market, By Testing Type, 2019 - 2022, USD Million
TABLE 50 Brazil IoT Testing Market, By Testing Type, 2023 - 2030, USD Million
TABLE 51 Brazil IoT Testing Market, By Application, 2019 - 2022, USD Million
TABLE 52 Brazil IoT Testing Market, By Application, 2023 - 2030, USD Million
TABLE 53 Argentina IoT Testing Market, 2019 - 2022, USD Million
TABLE 54 Argentina IoT Testing Market, 2023 - 2030, USD Million
TABLE 55 Argentina IoT Testing Market, By Service Type, 2019 - 2022, USD Million
TABLE 56 Argentina IoT Testing Market, By Service Type, 2023 - 2030, USD Million
TABLE 57 Argentina IoT Testing Market, By Testing Type, 2019 - 2022, USD Million
TABLE 58 Argentina IoT Testing Market, By Testing Type, 2023 - 2030, USD Million
TABLE 59 Argentina IoT Testing Market, By Application, 2019 - 2022, USD Million
TABLE 60 Argentina IoT Testing Market, By Application, 2023 - 2030, USD Million
TABLE 61 UAE IoT Testing Market, 2019 - 2022, USD Million
TABLE 62 UAE IoT Testing Market, 2023 - 2030, USD Million
TABLE 63 UAE IoT Testing Market, By Service Type, 2019 - 2022, USD Million
TABLE 64 UAE IoT Testing Market, By Service Type, 2023 - 2030, USD Million
TABLE 65 UAE IoT Testing Market, By Testing Type, 2019 - 2022, USD Million
TABLE 66 UAE IoT Testing Market, By Testing Type, 2023 - 2030, USD Million
TABLE 67 UAE IoT Testing Market, By Application, 2019 - 2022, USD Million
TABLE 68 UAE IoT Testing Market, By Application, 2023 - 2030, USD Million
TABLE 69 Saudi Arabia IoT Testing Market, 2019 - 2022, USD Million
TABLE 70 Saudi Arabia IoT Testing Market, 2023 - 2030, USD Million
TABLE 71 Saudi Arabia IoT Testing Market, By Service Type, 2019 - 2022, USD Million
TABLE 72 Saudi Arabia IoT Testing Market, By Service Type, 2023 - 2030, USD Million
TABLE 73 Saudi Arabia IoT Testing Market, By Testing Type, 2019 - 2022, USD Million
TABLE 74 Saudi Arabia IoT Testing Market, By Testing Type, 2023 - 2030, USD Million
TABLE 75 Saudi Arabia IoT Testing Market, By Application, 2019 - 2022, USD Million
TABLE 76 Saudi Arabia IoT Testing Market, By Application, 2023 - 2030, USD Million
TABLE 77 South Africa IoT Testing Market, 2019 - 2022, USD Million
TABLE 78 South Africa IoT Testing Market, 2023 - 2030, USD Million
TABLE 79 South Africa IoT Testing Market, By Service Type, 2019 - 2022, USD Million
TABLE 80 South Africa IoT Testing Market, By Service Type, 2023 - 2030, USD Million
TABLE 81 South Africa IoT Testing Market, By Testing Type, 2019 - 2022, USD Million
TABLE 82 South Africa IoT Testing Market, By Testing Type, 2023 - 2030, USD Million
TABLE 83 South Africa IoT Testing Market, By Application, 2019 - 2022, USD Million
TABLE 84 South Africa IoT Testing Market, By Application, 2023 - 2030, USD Million
TABLE 85 Nigeria IoT Testing Market, 2019 - 2022, USD Million
TABLE 86 Nigeria IoT Testing Market, 2023 - 2030, USD Million
TABLE 87 Nigeria IoT Testing Market, By Service Type, 2019 - 2022, USD Million
TABLE 88 Nigeria IoT Testing Market, By Service Type, 2023 - 2030, USD Million
TABLE 89 Nigeria IoT Testing Market, By Testing Type, 2019 - 2022, USD Million
TABLE 90 Nigeria IoT Testing Market, By Testing Type, 2023 - 2030, USD Million
TABLE 91 Nigeria IoT Testing Market, By Application, 2019 - 2022, USD Million
TABLE 92 Nigeria IoT Testing Market, By Application, 2023 - 2030, USD Million
TABLE 93 Rest of LAMEA IoT Testing Market, 2019 - 2022, USD Million
TABLE 94 Rest of LAMEA IoT Testing Market, 2023 - 2030, USD Million
TABLE 95 Rest of LAMEA IoT Testing Market, By Service Type, 2019 - 2022, USD Million
TABLE 96 Rest of LAMEA IoT Testing Market, By Service Type, 2023 - 2030, USD Million
TABLE 97 Rest of LAMEA IoT Testing Market, By Testing Type, 2019 - 2022, USD Million
TABLE 98 Rest of LAMEA IoT Testing Market, By Testing Type, 2023 - 2030, USD Million
TABLE 99 Rest of LAMEA IoT Testing Market, By Application, 2019 - 2022, USD Million
TABLE 100 Rest of LAMEA 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 LAMEA 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 LAMEA IoT Testing Market share, By Service Type, 2022
FIG 10 LAMEA IoT Testing Market share, By Service Type, 2030
FIG 11 LAMEA IoT Testing Market, By Service Type, 2019 - 2030, USD Million
FIG 12 LAMEA IoT Testing Market share, By Testing Type, 2022
FIG 13 LAMEA IoT Testing Market share, By Testing Type, 2030
FIG 14 LAMEA IoT Testing Market, By Testing Type, 2019 - 2030, USD Million
FIG 15 LAMEA IoT Testing Market share, By Application, 2022
FIG 16 LAMEA IoT Testing Market share, By Application, 2030
FIG 17 LAMEA IoT Testing Market, By Application, 2019 - 2030, USD Million
FIG 18 LAMEA IoT Testing Market share, By Country, 2022
FIG 19 LAMEA IoT Testing Market share, By Country, 2030
FIG 20 LAMEA 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.