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North America Cloud Testing Market Size, Share & Trends Analysis Report By Component (Tools / Platforms and Services ), By Vertical By Country and Growth Forecast, 2024 - 2031

Published Date : 19-Apr-2024

Pages: 121

Formats: PDF

The North America Cloud Testing Market would witness market growth of 12.7% CAGR during the forecast period (2024-2031).

The US market dominated the North America Cloud Testing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $7,259.7 million by 2031. The Canada market is experiencing a CAGR of 15.2% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 14.2% during (2024 - 2031).

North America Cloud Testing Market

Cloud testing's applications span a wide spectrum, encompassing various facets of software development and quality assurance. One of the primary use cases is functional testing, which involves validating applications' behavior against specified requirements. Cloud-based testing platforms offer scalable infrastructure and on-demand resources for executing automated tests across different configurations, browsers, and devices, thereby ensuring comprehensive test coverage and faster feedback loops.

Moreover, performance testing is another critical area where this testing excels. With cloud-based load testing tools, organizations can simulate thousands or even millions of concurrent users accessing their applications from diverse locations. By leveraging the elastic scalability of cloud resources, testers can accurately assess the performance, scalability, and responsiveness of cloud-based applications under various conditions, helping identify and mitigate performance bottlenecks before deployment.

Testing solutions provide BFSI organizations with scalable and flexible testing infrastructure, allowing them to dynamically provision resources based on demand and adapt to fluctuating workloads. As the BFSI sector in Canada experiences growth and digital transformation, this testing enables organizations to scale testing efforts rapidly to accommodate evolving requirements, new product launches, and regulatory changes without the need for significant upfront investments in infrastructure. As per the data published in 2023 by the International Trade Administration, Canada’s banking industry contributed 3.6% (or US$55 billion) to Canada’s GDP. Thus, the rising BFSI sector in North America can assist in the growth of the regional market.

Free Valuable Insights: The Cloud Testing Market is Predict to reach USD 29.3 Billion by 2031, at a CAGR of 13.5%

Based on Component, the market is segmented into Tools / Platforms (Functional Testing Tools, Performance/Load Testing Tools, GUI Testing Tools, API Testing Tools, Service Virtualization Tools, and Others) and Services (Professional and Managed). Based on Vertical, the market is segmented into Retail & Ecommerce, Telecom & IT, Media & Entertainment, Healthcare & Lifesciences, BFSI, Transportation, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • IBM Corporation
  • Oracle Corporation
  • Broadcom, Inc. (CA Technologies, Inc.)
  • Open Text Corporation
  • Cognizant Technology Solutions Corporation
  • Capgemini SE
  • Cavisson Systems Inc.
  • Tricentis
  • Akamai Technologies, Inc.
  • Cygnet Digital

North America Cloud Testing Market Report Segmentation

By Component

  • Tools / Platforms
    • Functional Testing Tools
    • Performance/Load Testing Tools
    • GUI Testing Tools
    • API Testing Tools
    • Service Virtualization Tools
    • Others
  • Services
    • Professional
    • Managed

By Vertical

  • Retail & Ecommerce
  • Telecom & IT
  • Media & Entertainment
  • Healthcare & Lifesciences
  • BFSI
  • Transportation
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Cloud Testing Market, by Component
1.4.2 North America Cloud Testing Market, by Vertical
1.4.3 North America Cloud 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
3.2.3 Market Opportunities
3.2.4 Market Challenges

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
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Mergers & Acquisition: 2021, Apr – 2023, Nov) Leading Players
4.5 Porter Five Forces Analysis

Chapter 5. North America Cloud Testing Market by Component
5.1 North America Tools / Platforms Market by Region
5.2 North America Cloud Testing Market by Tools / Platforms Type
5.2.1 North America Functional Testing Tools Market by Country
5.2.2 North America Performance/Load Testing Tools Market by Country
5.2.3 North America GUI Testing Tools Market by Country
5.2.4 North America API Testing Tools Market by Country
5.2.5 North America Service Virtualization Tools Market by Country
5.2.6 North America Others Market by Country
5.3 North America Services Market by Region
5.4 North America Cloud Testing Market by Services Type
5.4.1 North America Professional Market by Country
5.4.2 North America Managed Market by Country

Chapter 6. North America Cloud Testing Market by Vertical
6.1 North America Retail & Ecommerce Market by Country
6.2 North America Telecom & IT Market by Country
6.3 North America Media & Entertainment Market by Country
6.4 North America Healthcare & Lifesciences Market by Country
6.5 North America BFSI Market by Country
6.6 North America Transportation Market by Country
6.7 North America Others Market by Country

Chapter 7. North America Cloud Testing Market by Country
7.1 US Cloud Testing Market
7.1.1 US Cloud Testing Market by Component
7.1.1.1 US Cloud Testing Market by Tools / Platforms Type
7.1.1.2 US Cloud Testing Market by Services Type
7.1.2 US Cloud Testing Market by Vertical
7.2 Canada Cloud Testing Market
7.2.1 Canada Cloud Testing Market by Component
7.2.1.1 Canada Cloud Testing Market by Tools / Platforms Type
7.2.1.2 Canada Cloud Testing Market by Services Type
7.2.2 Canada Cloud Testing Market by Vertical
7.3 Mexico Cloud Testing Market
7.3.1 Mexico Cloud Testing Market by Component
7.3.1.1 Mexico Cloud Testing Market by Tools / Platforms Type
7.3.1.2 Mexico Cloud Testing Market by Services Type
7.3.2 Mexico Cloud Testing Market by Vertical
7.4 Rest of North America Cloud Testing Market
7.4.1 Rest of North America Cloud Testing Market by Component
7.4.1.1 Rest of North America Cloud Testing Market by Tools / Platforms Type
7.4.1.2 Rest of North America Cloud Testing Market by Services Type
7.4.2 Rest of North America Cloud Testing Market by Vertical

Chapter 8. Company Profiles
8.1 Cygnet Digital
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Acquisition and Mergers:
8.2 IBM Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional & Segmental Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Oracle Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.6 SWOT Analysis
8.4 Broadcom, Inc. (CA Technologies, Inc.)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Open Text Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Acquisition and Mergers:
8.5.6 SWOT Analysis
8.6 Cognizant Technology Solutions Corporation
8.6.1 Company overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 SWOT Analysis
8.7 Capgemini SE
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Recent strategies and developments:
8.7.4.1 Partnerships, Collaborations, and Agreements:
8.7.5 SWOT Analysis
8.8 Cavisson Systems Inc.
8.8.1 Company Overview
8.9 Tricentis
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Product Launches and Product Expansions:
8.9.2.2 Acquisition and Mergers:
8.10. Akamai Technologies, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Research & Development Expense
8.10.4 Recent strategies and developments:
8.10.4.1 Acquisition and Mergers:
8.10.5 SWOT Analysis
TABLE 1 North America Cloud Testing Market, 2020 - 2023, USD Million
TABLE 2 North America Cloud Testing Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Cloud Testing Market
TABLE 4 Product Launches And Product Expansions– Cloud Testing Market
TABLE 5 Acquisition and Mergers– Cloud Testing Market
TABLE 6 North America Cloud Testing Market by Component, 2020 - 2023, USD Million
TABLE 7 North America Cloud Testing Market by Component, 2024 - 2031, USD Million
TABLE 8 North America Tools / Platforms Market by Region, 2020 - 2023, USD Million
TABLE 9 North America Tools / Platforms Market by Region, 2024 - 2031, USD Million
TABLE 10 North America Cloud Testing Market by Tools / Platforms Type, 2020 - 2023, USD Million
TABLE 11 North America Cloud Testing Market by Tools / Platforms Type, 2024 - 2031, USD Million
TABLE 12 North America Functional Testing Tools Market by Country, 2020 - 2023, USD Million
TABLE 13 North America Functional Testing Tools Market by Country, 2024 - 2031, USD Million
TABLE 14 North America Performance/Load Testing Tools Market by Country, 2020 - 2023, USD Million
TABLE 15 North America Performance/Load Testing Tools Market by Country, 2024 - 2031, USD Million
TABLE 16 North America GUI Testing Tools Market by Country, 2020 - 2023, USD Million
TABLE 17 North America GUI Testing Tools Market by Country, 2024 - 2031, USD Million
TABLE 18 North America API Testing Tools Market by Country, 2020 - 2023, USD Million
TABLE 19 North America API Testing Tools Market by Country, 2024 - 2031, USD Million
TABLE 20 North America Service Virtualization Tools Market by Country, 2020 - 2023, USD Million
TABLE 21 North America Service Virtualization Tools Market by Country, 2024 - 2031, USD Million
TABLE 22 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 23 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 24 North America Services Market by Region, 2020 - 2023, USD Million
TABLE 25 North America Services Market by Region, 2024 - 2031, USD Million
TABLE 26 North America Cloud Testing Market by Services Type, 2020 - 2023, USD Million
TABLE 27 North America Cloud Testing Market by Services Type, 2024 - 2031, USD Million
TABLE 28 North America Professional Market by Country, 2020 - 2023, USD Million
TABLE 29 North America Professional Market by Country, 2024 - 2031, USD Million
TABLE 30 North America Managed Market by Country, 2020 - 2023, USD Million
TABLE 31 North America Managed Market by Country, 2024 - 2031, USD Million
TABLE 32 North America Cloud Testing Market by Vertical, 2020 - 2023, USD Million
TABLE 33 North America Cloud Testing Market by Vertical, 2024 - 2031, USD Million
TABLE 34 North America Retail & Ecommerce Market by Country, 2020 - 2023, USD Million
TABLE 35 North America Retail & Ecommerce Market by Country, 2024 - 2031, USD Million
TABLE 36 North America Telecom & IT Market by Country, 2020 - 2023, USD Million
TABLE 37 North America Telecom & IT Market by Country, 2024 - 2031, USD Million
TABLE 38 North America Media & Entertainment Market by Country, 2020 - 2023, USD Million
TABLE 39 North America Media & Entertainment Market by Country, 2024 - 2031, USD Million
TABLE 40 North America Healthcare & Lifesciences Market by Country, 2020 - 2023, USD Million
TABLE 41 North America Healthcare & Lifesciences Market by Country, 2024 - 2031, USD Million
TABLE 42 North America BFSI Market by Country, 2020 - 2023, USD Million
TABLE 43 North America BFSI Market by Country, 2024 - 2031, USD Million
TABLE 44 North America Transportation Market by Country, 2020 - 2023, USD Million
TABLE 45 North America Transportation Market by Country, 2024 - 2031, USD Million
TABLE 46 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 47 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 48 North America Cloud Testing Market by Country, 2020 - 2023, USD Million
TABLE 49 North America Cloud Testing Market by Country, 2024 - 2031, USD Million
TABLE 50 US Cloud Testing Market, 2020 - 2023, USD Million
TABLE 51 US Cloud Testing Market, 2024 - 2031, USD Million
TABLE 52 US Cloud Testing Market by Component, 2020 - 2023, USD Million
TABLE 53 US Cloud Testing Market by Component, 2024 - 2031, USD Million
TABLE 54 US Cloud Testing Market by Tools / Platforms Type, 2020 - 2023, USD Million
TABLE 55 US Cloud Testing Market by Tools / Platforms Type, 2024 - 2031, USD Million
TABLE 56 US Cloud Testing Market by Services Type, 2020 - 2023, USD Million
TABLE 57 US Cloud Testing Market by Services Type, 2024 - 2031, USD Million
TABLE 58 US Cloud Testing Market by Vertical, 2020 - 2023, USD Million
TABLE 59 US Cloud Testing Market by Vertical, 2024 - 2031, USD Million
TABLE 60 Canada Cloud Testing Market, 2020 - 2023, USD Million
TABLE 61 Canada Cloud Testing Market, 2024 - 2031, USD Million
TABLE 62 Canada Cloud Testing Market by Component, 2020 - 2023, USD Million
TABLE 63 Canada Cloud Testing Market by Component, 2024 - 2031, USD Million
TABLE 64 Canada Cloud Testing Market by Tools / Platforms Type, 2020 - 2023, USD Million
TABLE 65 Canada Cloud Testing Market by Tools / Platforms Type, 2024 - 2031, USD Million
TABLE 66 Canada Cloud Testing Market by Services Type, 2020 - 2023, USD Million
TABLE 67 Canada Cloud Testing Market by Services Type, 2024 - 2031, USD Million
TABLE 68 Canada Cloud Testing Market by Vertical, 2020 - 2023, USD Million
TABLE 69 Canada Cloud Testing Market by Vertical, 2024 - 2031, USD Million
TABLE 70 Mexico Cloud Testing Market, 2020 - 2023, USD Million
TABLE 71 Mexico Cloud Testing Market, 2024 - 2031, USD Million
TABLE 72 Mexico Cloud Testing Market by Component, 2020 - 2023, USD Million
TABLE 73 Mexico Cloud Testing Market by Component, 2024 - 2031, USD Million
TABLE 74 Mexico Cloud Testing Market by Tools / Platforms Type, 2020 - 2023, USD Million
TABLE 75 Mexico Cloud Testing Market by Tools / Platforms Type, 2024 - 2031, USD Million
TABLE 76 Mexico Cloud Testing Market by Services Type, 2020 - 2023, USD Million
TABLE 77 Mexico Cloud Testing Market by Services Type, 2024 - 2031, USD Million
TABLE 78 Mexico Cloud Testing Market by Vertical, 2020 - 2023, USD Million
TABLE 79 Mexico Cloud Testing Market by Vertical, 2024 - 2031, USD Million
TABLE 80 Rest of North America Cloud Testing Market, 2020 - 2023, USD Million
TABLE 81 Rest of North America Cloud Testing Market, 2024 - 2031, USD Million
TABLE 82 Rest of North America Cloud Testing Market by Component, 2020 - 2023, USD Million
TABLE 83 Rest of North America Cloud Testing Market by Component, 2024 - 2031, USD Million
TABLE 84 Rest of North America Cloud Testing Market by Tools / Platforms Type, 2020 - 2023, USD Million
TABLE 85 Rest of North America Cloud Testing Market by Tools / Platforms Type, 2024 - 2031, USD Million
TABLE 86 Rest of North America Cloud Testing Market by Services Type, 2020 - 2023, USD Million
TABLE 87 Rest of North America Cloud Testing Market by Services Type, 2024 - 2031, USD Million
TABLE 88 Rest of North America Cloud Testing Market by Vertical, 2020 - 2023, USD Million
TABLE 89 Rest of North America Cloud Testing Market by Vertical, 2024 - 2031, USD Million
TABLE 90 Key Information – Cygnet Digital
TABLE 91 Key Information – IBM Corporation
TABLE 92 Key Information – Oracle Corporation
TABLE 93 Key Information – Broadcom, Inc.
TABLE 94 Key Information – Open Text Corporation
TABLE 95 Key Information – Cognizant Technology Solutions Corporation
TABLE 96 Key Information – Capgemini SE
TABLE 97 Key Information – Cavisson Systems Inc.
TABLE 98 Key Information – Tricentis
TABLE 99 Key Information – Akamai Technologies, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Cloud Testing Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Cloud Testing Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 7 Key Strategic Move: (Mergers & Acquisition: 2021, Apr – 2023, Nov) Leading Players
FIG 8 Porter’s Five Forces Analysis – Cloud Testing Market
FIG 9 North America Cloud Testing Market share by Component, 2023
FIG 10 North America Cloud Testing Market share by Component, 2031
FIG 11 North America Cloud Testing Market by Component, 2020 - 2031, USD Million
FIG 12 North America Cloud Testing Market share by Vertical, 2023
FIG 13 North America Cloud Testing Market share by Vertical, 2031
FIG 14 North America Cloud Testing Market by Vertical, 2020 - 2031, USD Million
FIG 15 North America Cloud Testing Market share by Country, 2023
FIG 16 North America Cloud Testing Market share by Country, 2031
FIG 17 North America Cloud Testing Market by Country, 2020 - 2031, USD Million
FIG 18 SWOT Analysis: IBM Corporation
FIG 19 SWOT Analysis: Oracle Corporation
FIG 20 SWOT Analysis: Broadcom, Inc.
FIG 21 SWOT analysis: Open Text Corporation
FIG 22 Swot analysis: cognizant technology solutions corporation
FIG 23 SWOT Analysis: Capgemini SE
FIG 24 Recent strategies and developments: Tricentis
FIG 25 SWOT Analysis: Akamai Technologies, Inc.

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