IoT Testing Market is expected to flourish at a CAGR of 35% over the forecast and top players, segments 2021

The report “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″, 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%.

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Need for IP testing of rising IoT devices and need for shift left testing of IoT applications to drive the global in-memory analytics market to USD 1.37 billion by 2021

The IoT testing sector is gaining traction due to the increasing adoption of smart devices and technologies, and increasing necessity for continuous testing of IoT applications. Testing the IoT ecosystem identifies any security breaches and malfunctioning of devices, guarding the system against major attacks and managing the IoT complexities. The diversity of the IoT sub-system which includes platform, multiple applications, deployed solutions, and connectivity framework and technologies, makes the robust testing mechanism essential for the market IoT testing enables testing different component right from the source code compilation stage to post deployment troubleshoot. The market tracked includes testing of multiple components from a fully functional use case.

The IoT testing market offers myriad smart applications leveraging the IoT platforms and telcos-provided connectivity solutions. IoT testing services comprise various applications including smart building and home automation, capillary networks management, smart utilities, vehicle telematics, smart manufacturing, and smart healthcare. Various testing types such as functionality testing, performance testing, security testing, compatibility testing, usability testing, many others are used in these smart applications for testing purpose. Among application type smart manufacturing application type is expected to dominate the market during the forecast period. Manufacturing vertical is witnessing the Industry 4.0 evolving trend which leverages the smart IoT devices and solutions in order to automate the manufacturing process. Due to the increasing deployment of smart sensors and systems for manufacturing operations mandates the testing of these devices and systems for automating manufacturing operations and to boost the efficiency and productivity of manufacturing processes.

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Advent of software-defined application platform and controllers and availability of testing environment option using service virtualization are major opportunities in the market

Software-defined controllers provide a centralized interface for managing the entire network. Controllers offer major features such as OpenFlow support, network virtualization, network functionality, scalability, performance, network programmability & reliability, security of the network, and centralized testing, monitoring & visualization of IoT, and other applications. Furthermore, it offers a cost-effective, application-centric networking approach with an aim to lower down the operational cost, thereby reducing latency and resulting in efficient network traffic management and performance & availability of applications.

Service virtualization offers a safe test environment ensuring the full-fledge testing and final launching of newly developed IoT and associated applications. Service virtualization emulates the behavior of applications and services in a virtual environment to address the challenges of service-oriented architecture testing. Significantly, it accelerates the development and testing of applications offering a secure environment. Service virtualization allows complex IoT applications to undertake integration testing much earlier in the development process, helps in removing key bottlenecks, and reducing time-to-market. In addition, it helps to improve productivity, reduce testing costs, and deploy the higher-quality application in a shorter timeframe. Service virtualization provides application development with a supplementary live-like environment for application testing, it supports the parallel development and testing of IoT application under one environment, virtualizes test data for supporting external dependencies, supports heterogeneous platforms & technology and high-performance environments, and offers more stability for test automation.

Smart manufacturing application segment is expected to hold the largest market share in the IoT testing market during the forecast period

Smart manufacturing helps the manufacturers to access new and emerging forms of business intelligence. It utilizes all the components of tracking, addressing the complexities of security, interoperability, and intellectual property for manufacturing. IoT testing of smart manufacturing includes highly efficient and automated manufacturing tests, which chooses a wireless communications tester for sophisticated manufacturing devices to perform non-signaling tests on IoT devices. IoT testing in smart manufacturing supports functional, performance, and compatibility testing of smart devices deployed in the manufacturing processes and operations, in order to enhance the manufacturing efficiency and overall productivity.

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North America is expected to contribute the largest market share in the IoT testing market during the forecast period

North America is expected to hold the largest market share and dominate the IoT testing market from 2016 to 2021. This region has the major dominance with sustainable and well-established economies, empowering them to strongly invest in the R&D activities, thereby contributing to the development of new technologies. The early adoption of trending technologies such as IoT, big data, DevOps, and mobility in this region has boosted the growth of overall IoT testing services market Organizations are also keen to integrate IoT technologies in their processes, to automate, test, and monitor operations and to boost their operational efficiency and productivity, which contributes to the growth of the IoT testing significantly.

The major vendors in the IoT testing market include Infosys (India), HCL (India), SmartBear Software (U.S.), TCS (India), Capgemini (France), and Cognizant (U.S.).

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