Performance Testing Market Definition
Performance testing is defined as a type of software testing that helps in identifying the nature or location of the software related performance problems. It ensures great performance under the expected workload. It checks the process of determining the speed, responsiveness, and stability of the computer, network or any software program. Performance testing can also verify that a system meets the specifications claimed by its manufacturer or vendor. The process can be used to compare two or more devices or programs.
The market study is broken down by Type (Load Testing, Stress Testing, Soak Testing/Endurance Testing, Spike Testing and Others), by Application (Web App and Mobile App) and major geographies with country level splits.
Neotys (NeoLoad) (France), SmartBear Software (LoadNinja) (United States), IBM (United States), Micro Focus International plc (United Kingdom), Apache JMeter (United States), Sauce Labs Inc. (United States), Dotcom-Monitor, Inc. (United States), Qualitest (United Kingdom), ThinkSys Inc. (United States), Orient Software Development Corp. (Vietnam), Indium Software Inc. (United States) and Cigniti Technologies Limited (United States) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Performance Testing market by Type, Application and Region.
On the basis of geography, the market of Performance Testing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User, the sub-segment i.e. SME (Small and Medium Enterprises) will boost the Performance Testing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 12th Dec. 2019, Qualitest, the world’s largest software testing and quality assurance company, has acquired AI and machine learning company AlgoTrace for an undisclosed amount. This acquisition marks the first step of Qualitest’s growth strategy following an investment from Bridgepoint earlier this year. The acquisition will allow Qualitest to radically expand the number of AI-powered testing solutions available to clients, as well as develop its capabilities in assisting companies test and launch new AI-powered solutions with greater confidence and speed.
- The Introduction fo Artificial Intelligence for Performance Testing
- Increasing Use of APM to Support Shift Right Performance Monitoring
- The Need for Detecting and Solving the Nature or Location-related Problems with highlighting the Fail or Lag
- The Demand for Testing the Responsiveness, Speed, and Workload of the Software and Devices
- Growing Number of Software Development with Demand for Automating the Operations in Various Industries
- Complexities Involved with Rigorous Performance Testing
- Problems with Long Load Time and Poor Response Time
- Adherence to Stringent Regulatory Compliance
Key Target AudiencePerformance Testing Providers, Performance Testing Tools Developers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Industry Associations and Others
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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