The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Rise in number of IoT (Internet of Things) devices in use increases the need to test the devices are expected to drive innovation in IoT testing manufacturing, thus driving the market during the forecast period.

The global IoT testing market is expected to grow from $0.89 billion in 2022 to $1.22 billion in 2023 at a compound annual growth rate (CAGR) of 36.7%. The global IoT testing market size is expected to grow to $3.87 billion in 2027 at a CAGR of 33.6%.

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Global IoT Testing Market Segments Include:

• By Testing Type: Functional Testing, Usability Testing, Security Testing, Compatibility Testing, Performance Testing, Network Testing
• By Testing Tools: Software Tools, Hardware Tools
• By Applications: Connected Cars, Smart Appliances, Smart Energy Meters, Wearable Devices, Smart Healthcare Devices
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global IoT testing market in 2021.

Major Market Players in the IoT testing market include HCL Technologies Ltd., Tata Consultancy Services Limited, Happiest Minds, RapidValue Solutions, AFour Technologies, Rapid7, Infosys Limited, Smartbear Software.

Virtualization for IoT test automation is the trend in the IoT testing market. The challenges in the traditional testing like scalability issues for connected devices, maintenance problem, issues in unit level code checking and high-performance deliverable problems can be resolved by virtualization in test automation. It helps in simulating hardware and software and matches the dependency with the real behavior to give proper test results. It speeds up the testing time and reduces the efforts. The sensor, API and service virtualization are some of the components with different roles. For example, Ericsson carried out the automation test in their office with 879 devices like window sensors, lights and occupancy sensors to demonstrate their Bluetooth mesh capabilities under system level simulator.

The IoT Testing Global Market Report 2023  provides a IoT testing market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The IoT testing market forecast analyzes IoT testing market size, IoT testing market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

IoT testing is a way to perform QA testing to verify the IoT device’s performance, functionality, and security.

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