In a recent published report, Kenneth Research has updated the market report for Cloud infrastructure testing Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Cloud infrastructure testing Market products.
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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further projected to touch USD 6 million by 2023.
The Cloud infrastructure testing Market is expected to grow with a significant CAGR during the forecast period, i.e. 2021-2025, on the back of growing internet penetration around the world along with the rising adoption of smartphone. The statistics by the GSMA Intelligence stated that the total unique mobile subscribers as on May 2020 around the world was 5.24 billion.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
Global Cloud Infrastructure Testing Market was valued at USD 1700 Million in the year 2019. Global Cloud Infrastructure Testing Market is further estimated to grow at a CAGR of 8.0% from 2019 to reach USD 2678 Million by the year 2025. Cloud infrastructure testing involves testing of physical and virtual components like network, storage, virtualization and operating stytem. It ensures the security of data and performance of the application deployed on the cloud. Clients using cloud-based solutions are opting for testing services to avoid technical glitches that can hamper the performance of IT infrastructure. Technical glitches not only hamper the business performance of client firms but also reduce operational efficiency and incur cost to the firms.
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Global Cloud Infrastructure Testing Market is relatively concentrated; industry vendors are mostly in the USA and Europe. The Market is extremely competitive with vendors competing to gain a greater Market share. Players in the Market are constantly looking for ways to increase their Market share through mergers and acquisitions and partnerships, as well as rising funding. Among them, Compuware is the world leading player in the global Cloud Infrastructure Testing Market with the Market share of 20.147% in 2017, in terms of revenue.
Major market players in Cloud Infrastructure Testing Market are Compuware, Akamai, Spirent Communications, Ixia, Infosys, Huawei, Wipro, Insuper, Apica, Cloud Harmony, Core Cloud Inspect, and brief information of 9 more companies provided in the report.
Cloud Infrastructure Testing Market Segmentation:
Cloud Infrastructure Testing Market Overview, By Product
ï¬Server
ï¬Storage
ï¬Operating System
Cloud Infrastructure Testing Market Overview, By Application
ï¬Banking, Financial Services, and Insurance
ï¬Telecom and IT
ï¬Government
ï¬Hospitality
ï¬Education
ï¬Public Sector and Utilities
ï¬Others
Cloud Infrastructure Testing Market Overview, By Region
North America
*USA
*Canada
Europe
*Germany
*U.K.
*France
*Italy
*Rest of Europe
APAC
*China
*India
*Japan
*Rest of Asia-Pacific
RoW
*Latin America
*Middle East & Africa
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Table of Content
1. Introduction
1.1 Industry Vision
1.2 Limitations
1.3 Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.2. Industry Size Estimation
2.2.1. Bottoms-Up Approach
2.2.2. Top-Down Approach
2.2.3. Annual Turnover Process
2.3. Data Triangulation
2.4. Research Assumptions
2.4.1. Assumption
3. Executive Summary
4. Industry Overview
4.1. Introduction
4.2. Strength
4.3. Weakness
4.4. Opportunities
4.5. Threats
5. Industry Trends
5.1. Introduction
5.2. Porter’s Five Forces Analysis
5.2.1. Threat of New Entrants
5.2.2. Threat of Substitutes
5.2.3. Bargaining Power of Buyers
5.2.4. Bargaining Power of Suppliers
5.2.5. Intensity of Competitive Rivalry
6. Cloud Infrastructure Testing Industry, By Product
6.1. Server
6.2. Storage
6.3. Operating System
7. Cloud Infrastructure Testing Industry, By Application
7.1. Banking, Financial Services, and Insurance
7.2. Telecom and IT
7.3. Government, Hospitality, Education
7.4. Public Sector and Utilities
7.5. Others
8 Geographical Analysis
8.1. Introduction
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. RoE
8.4. Asia Pacific
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. RoAPAC
8.5. RoW
8.5.1. Latin America
8.5.1.1. Brazil
8.5.1.2. Argentina
8.5.1.3. Rest of Latin America
8.5.2. Middle East and Africa
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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