Global Stress Testing Solutions Market 2019-2023| 21% CAGR Projection Over the Next Five Years| Technavio

Technavio has published a new market research report on the global stress testing solutions market from 2019-2023. (Graphic: Business Wire)

LONDON--()--The global stress testing solutions market is expected to post a CAGR of close to 21% during the period 2019-2023, according to the latest market research report by Technavio. Request a free sample report

Smartphone penetration has been increasing at a significant rate in emerging economies such as Brazil, China, Indonesia, India, and Argentina. Thus, companies have shifted to a mobile-first strategy and increased investments in mobile application development. With the increasing adoption of digital media on mobile devices, there is a significant need for stress testing solutions to enhance the performance and functionality of mobile applications. Stress testing solutions allow companies to determine the amount of load and stress their business applications can handle.

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As per Technavio, the emergence of AI-based stress testing will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Global Stress Testing Solutions Market: Emergence of AI-based Stress Testing

The market is witnessing the incorporation of AI technologies in the testing solution to enhance functionalities. This is mainly because of the potential of AI technology to provide benefits such as faster time-to-market, reduction in software testing complications, increase in depth and scope of test results, and improved accuracy. Thus, the demand for AI-enabled stress testing solutions is expected to surge during the forecast period, thereby, fueling the growth of the stress testing solutions market.

“Apart from the emergence of AI-based stress testing, other factors such as the increasing demand for outsourced testing services, and growing adoption of automation services will have a significant impact on the stress testing solutions market growth during the forecast period,” says a senior analyst at Technavio.

Global Stress testing solutions Market: Segmentation Analysis

This market research report segments the global stress testing solutions market by product (application testing and product testing), and geographic regions (North America, Europe, APAC, South America, and MEA).

The North America region led the stress testing solutions market in 2018, followed by Europe, APAC, South America, and MEA, respectively. The growth of the stress testing solutions market share in North America can be attributed to factors such as the development of AI-based testing solutions and the emergence of new software delivery and development models such as CI/CD and agile methodology.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

Release Summary

The global stress testing solutions market is expected to post a CAGR of close to 21% during the period 2019-2023, according to Technavio.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com