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According to a new report Global Cloud Testing Market, published by KBV research, the Global Cloud Testing Market size is expected to reach $11.4 billion by 2023, rising at a market growth of 13.2% CAGR during the forecast period.
The North America market holds the largest market share in Global Functional Testing Tools Market by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 8.3 % during the forecast period. The Europe market is expected to witness a CAGR of 8.8% during (2017 - 2023) in Global Performance/Load Testing Tools Market. Additionally, The Asia Pacific market is expected to witness a CAGR of 13.8% during (2017 - 2023) in Global GUI Testing Tools Market.
The KBV Cardinal Matrix is a visual representation about the key players in the industry. The matrix is designed considering the major strategic developments including Mergers & Acquisitions, product launches, partnership among others and the financial strength of the company in the considered years. Based on the Analysis presented in the Cardinal matrix, IBM Corporation and Oracle Corporation are the forerunners in the Cloud Testing market.
KBV Cardinal Matrix - Cloud Testing Market
The Retail & Ecommerce market holds the largest market share in Global Cloud Testing Market by Vertical in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 12.1 % during the forecast period. The Media & Entertainment market is expected to witness a CAGR of 14.2% during (2017 - 2023). Additionally, The Transportation market would garner market value of $15.5 million by 2023.
Full Report: https://www.kbvresearch.com/cloud-testing-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Cloud Testing Market have been discussed in the report with the competitive analysis and elaborated company profiles of IBM Corporation, Oracle Corporation, CA Technologies, Inc., Micro Focus, Cognizant, Capgemini, Cavisson Systems, Cygnet Infotech, Tricentis, and Akamai Technologies (SOASTA).
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