Cloud Infrastructure Testing Market 2019: Future Trends, Key Players: 77, etc.
Global Cloud Infrastructure Testing Industry was valued at USD 1700 Million in the year 2019. Global Cloud Infrastructure Testing Industry 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. Global Cloud Infrastructure Testing Industry is relatively concentrated; industry vendors are mostly in the USA and Europe. The Industry is extremely competitive with vendors competing to gain a greater Industry share. Players in the Industry are constantly looking for ways to increase their Industry 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 Industry with the Industry share of 20.147% in 2017, in terms of revenue.
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