{"id":12204,"date":"2018-03-28T14:26:32","date_gmt":"2018-03-28T13:26:32","guid":{"rendered":"http:\/\/www.devopsonline.co.uk\/?p=12204"},"modified":"2018-04-06T10:28:36","modified_gmt":"2018-04-06T09:28:36","slug":"report-predicts-cloud-market-reach-us10-24-billion-2022","status":"publish","type":"post","link":"https:\/\/devopsnews.online\/report-predicts-cloud-market-reach-us10-24-billion-2022\/","title":{"rendered":"Report predicts the cloud market to reach US$10.24 billion by 2022"},"content":{"rendered":"
A recent report has predicted the cloud testing market is to grow from US$5.55billion in 2017 to US$10.24billion by 2022.<\/p>\n
The\u00a0Cloud 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<\/em>\u00a0report highlights\u00a0cloud adoption rapidly growing, as well as flexible and scalable delivery models.<\/p>\n The adoption of cloud testing solutions and services is high in verticals such as retail and eCommerce; IT and telecom; banking, financial\u00a0services, and insurance (BFSI); and media and entertainment – having an effect on the growth of the market as a whole.<\/p>\n 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.<\/p>\n 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.<\/p>\n 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.<\/p>\n Because of this, firms are willingly investing in the North American region, therefore, the competition is stiff amongst major market players.<\/p>\n Written from press release by Leah Alger<\/p>\n","protected":false},"excerpt":{"rendered":" A recent report predicts the cloud testing market is to grow from US$5.55billion in 2017 to US$10.24billion by 2022<\/p>\n","protected":false},"author":12,"featured_media":12205,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","pmpro_default_level":"","footnotes":""},"categories":[1351],"tags":[2597,1872,366,2624,470],"yoast_head":"\nCloud computing solutions<\/h2>\n