Indeed, it was stated that Amazon Web Services remains at the top, with a 32% market share. It is closely followed by Microsoft’s Azure infrastructure, with a 20% share. The two combined make up 52% of the world’s cloud market.

After that, we can found Google Cloud, with 9%, and Alibaba Cloud, with 6%. These four own over half of the overall market. IBM Cloud, Salesforce, Tencent Cloud, and Oracle Cloud then only represent 12% of the market combined.

Thus, the report revealed that, with the pandemic, cloud infrastructure services increased exponentially, especially compared to the years before. With most people still working from home, it is clear that these services and companies will continue to grow more powerful.

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The Cloud Testing Market by Component (Testing Tools/Platforms and Services), Testing Tool/Platform (Functional Testing, API Testing), Service (Managed Services and Professional Services), Vertical, and Region – Global Forecast to 2022 report highlights cloud adoption rapidly growing, as well as flexible and scalable delivery models.

The adoption of cloud testing solutions and services is high in verticals such as retail and eCommerce; IT and telecom; banking, financial services, and insurance (BFSI); and media and entertainment – having an effect on the growth of the market as a whole.

Cloud computing solutions

The testing tools/platforms component is expected to grow at a higher CAGR during the forecast period, as tools/platforms assist organisations in easily carrying out the testing process in the cloud.

Furthermore, North America is expected to have the largest market share and is projected to dominate the market during the forecast period, according to the report.

With the increase in the adoption of cloud computing solutions among various verticals, the cloud testing market is also set to grow at a rapid pace in in well-established economies, such as the United States (US) and Canada.

Because of this, firms are willingly investing in the North American region, therefore, the competition is stiff amongst major market players.

Written from press release by Leah Alger

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