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Stress Testing Solutions Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Feb 2022
  • Pages: 120
  • SKU: IRTNTR71980
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The stress testing solutions market share is expected to increase by USD 2.46 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 14.67%.

This stress testing solutions market research report will help companies evaluate their business approaches. Furthermore, this report extensively covers stress testing solutions market segmentation by product (application testing and product testing) and geography (North America, APAC, South America, and MEA). The stress testing solutions market report also offers information on several market vendors, including Accenture Plc, Akamai Technologies Inc., Capgemini SE, Cigniti Technologies Ltd., Infosys Ltd., International Business Machines Corp., Microsoft Corp., Oracle Corp., Performance Lab US LLC, and Tricentis GmbH among others.

What will the Stress Testing Solutions Market Size be During the Forecast Period?

Stress Testing Solutions Market Size

Download the Free Report Sample to Unlock the Stress Testing Solutions Market Size for the Forecast Period and Other Important Statistics

 

Stress Testing Solutions Market: Key Drivers, Trends, and Challenges

The increasing adoption of mobile devices and applications is notably driving the stress testing solutions market growth, although factors such as the easy availability of open-source stress testing tools may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the stress testing solutions industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Stress Testing Solutions Market Driver 

One of the key factors driving the global stress testing solutions market growth is the increasing adoption of mobile devices and applications. Smartphone penetration has been increasing in emerging economies such as India, Brazil, China, Indonesia, and Argentina. Thus, companies have moved to the mobile-first strategy and increased investments in mobile application development as they can optimize their website and mobile applications and address any peak loads using these solutions. Moreover, stress testing provides insights on web/mobile application performance under extreme or peak load, response time, and application scalability capabilities. The number of such web/mobile applications is expected to increase for optimizing business productivity and driving sales, which is projected to increase the demand for stress testing solutions during the forecast period.

Key Stress Testing Solutions Market Trend

Another key factor driving global stress testing solutions market growth is AI-based stress testing. Testing solution providers are also incorporating AI technologies into their products to enhance functionalities and differentiate their offerings. AI in stress testing offers faster time-to-market, reduction in software testing complications, and others. In addition, companies are launching new applications and software frequently to gain an edge over their competitors. This has put immense pressure on testing solution providers to ensure a faster turnaround time. Performance testing begins with analyzing the application's user interface (UI) and producing test scripts. Stress testing also includes testing response time, throughput, CPU utilization capacity, and memory utilization of applications. Such factors will further support the market growth during the forecast period.

Key Stress Testing Solutions Market Challenge

One of the key challenges to the global stress testing solutions market growth is the easy availability of open-source stress testing tools. These tools can be easily accessed by users without any need for subscriptions and can undertake all types of testing, including stress testing, load testing, volume testing, and soak testing, to analyze the performance and quality of applications. Many open-source tools are available in the market, including JMeter, The Grinder, Gatling, and Siege, which can perform tests on different web service technologies, such as Java Objects, Web HyperText Transfer Protocol (HTTP)/HTTPS, Simple Object Access Protocol (SOAP), and Representational State Transfer (REST) services. The availability and use of such open-source tools by enterprises reduce revenue generation opportunities for stress testing vendors and solution providers and can adversely affect the growth prospects of the global stress testing solutions market during the forecast period.

This stress testing solutions market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global stress testing solutions market as a part of the global application software market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the stress testing solutions market during the forecast period.

Who are the Major Stress Testing Solutions Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

  • Accenture Plc
  • Akamai Technologies Inc.
  • Capgemini SE
  • Cigniti Technologies Ltd.
  • Infosys Ltd.
  • International Business Machines Corp.
  • Microsoft Corp.
  • Oracle Corp.
  • Performance Lab US LLC
  • Tricentis GmbH

This statistical study of the stress testing solutions market encompasses successful business strategies deployed by the key vendors. The stress testing solutions market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Accenture Plc - The company offers stress testing solutions that feature strategic planning, risk management, balance sheet management, and capital management.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The stress testing solutions market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Stress Testing Solutions Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the stress testing solutions market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the global application software market includes the following core components:

  • Inputs
  • Software development process
  • Marketing and distribution
  • Post-selling services
  • Innovation

The report has further elucidated on other innovative approaches being followed by service providers to ensure a sustainable market presence.

Which are the Key Regions for Stress Testing Solutions Market?

Stress Testing Solutions Market Market segmentation by region

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31% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for stress testing solutions in North America. Market growth in this region will be faster than the growth of the market in South America.

The significant increase in the traction of social, mobile, analytics, and cloud (SMAC) will drive business innovation and digital transformation, which will facilitate the stress testing solutions market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The COVID-19 pandemic spread widely across North America, especially in the US, in 2020. The emergence of a new business environment with the work-from-home culture increased the adoption of cloud services and digitization. The demand for mobile application testing increased due to work from home culture. However, in 2021, vaccination programs were started, which helped activities regain normalcy. Organizations opened, which will increase the demand for stress testing solutions for products. Due to this, the regional stress testing solution market is therefore anticipated to witness growth. Such factors will drive the regional stress testing solutions market during the forecast period.

What are the Revenue-generating Product Segments in the Stress Testing Solutions Market?

Stress Testing Solutions Market Segmentation

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The stress testing solutions market share growth by the application testing segment will be significant during the forecast period. The growth is attributed to the significant increase in demand for mobile applications with advanced features that are accelerating the process of developing and introducing a next-generation mobile application testing environment.

This report provides an accurate prediction of the contribution of all the segments to the growth of the stress testing solutions market size and actionable market insights on post COVID-19 impact on each segment.

 

Stress Testing Solutions Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 14.67%

Market growth 2021-2025

$ 2.46 billion

Market structure

Fragmented

YoY growth (%)

10.40

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 31%

Key consumer countries

US, Canada, Germany, India, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Accenture Plc, Akamai Technologies Inc., Capgemini SE, Cigniti Technologies Ltd., Infosys Ltd., International Business Machines Corp., Microsoft Corp., Oracle Corp., Performance Lab US LLC, and Tricentis GmbH

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Stress Testing Solutions Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive stress testing solutions market growth during the next five years
  • Precise estimation of the stress testing solutions market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the stress testing solutions industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of stress testing solutions market vendors

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1. Executive Summary                         

2. Market Landscape                            

               2.1 Market ecosystem             

                              Exhibit 01:  Parent market

                              Exhibit 02:  Market Characteristics

               2.2 Value Chain Analysis          

                              Exhibit 03:  Value chain analysis: Application software

                              2.3.1 Input

                              2.3.2 Software development process

                              2.3.3 Marketing and distribution

                              2.3.4 Post-selling services

                              Innovation

3. Market Sizing                      

               3.1 Market definition

                              Exhibit 04:  Offerings of vendors included in the market definition

               3.2 Market segment analysis  

                              Exhibit 05:  Market segments

               3.3 Market size 2019 

               3.4 Market outlook: Forecast for 2019 - 2024 

                              Exhibit 06:  Global - Market size and forecast 2019 - 2024 ($ million)

                              Exhibit 07:  Global market: Year-over-year growth 2019 - 2024 (%)

4. Five Forces Analysis                         

               4.1 Five Forces Summary         

                              Exhibit 08:  Five forces analysis 2019 & 2024

               4.2 Bargaining power of buyers            

                              Exhibit 09: Bargaining power of the buyer

               4.3 Bargaining power of suppliers        

                              Exhibit 10: Bargaining power of the supplier

               4.4 Threat of new entrants     

                              Exhibit 11: Threat of new entrants

               4.5 Threat of substitutes          

                              Exhibit 12: Threat of substitutes

               4.6 Threat of rivalry   

                              Exhibit 13: Threat of rivalry

               4.7 Market condition 

                              Exhibit 14: Market condition - Five forces 2019

5. Market Segmentation by Product

                      5.1 Market segments        

                              Exhibit 15: Product - Market share 2019-2024 (%)

               5.2 Comparison by Product    

                              Exhibit 16:  Comparison by Product

               5.3 Application testing - Market size and forecast 2020-2025   

                              Exhibit 17:  Application testing - Market size and forecast 2020-2025 ($ million)

                              Exhibit 18:  Application testing - Year-over-year growth 2020-2025 (%)

               5.4 Product testing - Market size and forecast 2020-2025         

                              Exhibit 19:  Product testing - Market size and forecast 2020-2025 ($ million)

                              Exhibit 20:  Product testing - Year-over-year growth 2020-2025 (%)

               5.5 Market opportunity by Product     

                              Exhibit 21:   Market opportunity by Product

6. Customer landscape                        

                              Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

                              Exhibit 22:  Customer landscape

7. Geographic Landscape                    

               7.1 Geographic segmentation

                              Exhibit 23:  Market share by geography 2020-2025 (%)

               7.2 Geographic comparison    

                              Exhibit 24:  Geographic comparison

               7.3 North America - Market size and forecast 2020-2025          

                              Exhibit 25:  North America - Market size and forecast 2020-2025 ($ million)

                              Exhibit 26:  North America - Year-over-year growth 2020-2025 (%)

               7.4 Europe - Market size and forecast 2020-2025         

                              Exhibit 27:  Europe - Market size and forecast 2020-2025 ($ million)

                              Exhibit 28:  Europe - Year-over-year growth 2020-2025 (%)

               7.5 APAC - Market size and forecast 2020-2025             

                              Exhibit 29:  APAC - Market size and forecast 2020-2025 ($ million)

                              Exhibit 30:  APAC - Year-over-year growth 2020-2025 (%)

               7.6 South America - Market size and forecast 2020-2025          

                              Exhibit 31:  South America - Market size and forecast 2020-2025 ($ million)

                              Exhibit 32:  South America - Year-over-year growth 2020-202 (%)

               7.7 MEA - Market size and forecast 2020-2025              

                              Exhibit 33:  MEA - Market size and forecast 2020-2025 ($ million)

                              Exhibit 34:  MEA - Year-over-year growth 2020-2025 (%)

               7.8 Key leading countries        

                              Exhibit 35:  Key leading countries

               7.9 Market opportunity by geography

                              Exhibit 36:  Market opportunity by geography ($ million)

8. Drivers, Challenges, and Trends                  

               8.1 Market Driver       

                              8.1.1    Increasing adoption of mobile devices and applications

                              8.1.2    Adoption of test automation services

                              8.1.3    Need to ensure systems can handle extreme workloads

               8.2 Market challenges              

                              8.2.1    Easy availability of open-source stress testing tools

                              8.2.2    Heterogeneous test environments

                              8.2.3    Data quality and data management issues

                              Exhibit 37:  Impact of drivers and challenges

               8.3 Market trends      

                              8.3.1    AI-based stress testing

                              8.3.2    Stress testing for CI and CD in software development processes

                              8.3.3    Increasing demand for outsourced testing services

9. Vendor Landscape                            

               9.1 Vendor Overview 

                              Exhibit 38:  Vendor landscape

               9.2 Landscape disruption         

                              Exhibit 39: ?Landscape disruption?

                              Exhibit 40: Industry Risk

10. Vendor Analysis               

               10.1 Vendors covered              

                              Exhibit 41: Vendors covered

               10.2 Market positioning of vendors    

                              Exhibit 42: ?Market positioning of vendors?

               10.3 Accenture Plc     

                              Exhibit 43:  Accenture Plc - Overview

                              Exhibit 44:  Accenture Plc - Business segments

                              Exhibit 45:  Accenture Plc - Key offerings

                              Exhibit 46:  Accenture Plc - Segment focus

               10.4 Akamai Technologies Inc.             

                              Exhibit 47:  Akamai Technologies Inc. - Overview

                              Exhibit 48:  Akamai Technologies Inc. - Business segments

                              Exhibit 49:  Akamai Technologies Inc. - Key News

                              Exhibit 50:  Akamai Technologies Inc. - Key offerings

                              Exhibit 51:  Akamai Technologies Inc. - Segment focus

               10.5 Capgemini SE     

                              Exhibit 52:  Capgemini SE - Overview

                              Exhibit 53:  Capgemini SE - Business segments

                              Exhibit 54:  Capgemini SE - Key News

                              Exhibit 55:  Capgemini SE - Key offerings

                              Exhibit 56:  Capgemini SE - Segment focus

               10.6 Cigniti Technologies Ltd.

                              Exhibit 57:  Cigniti Technologies Ltd. - Overview

                              Exhibit 58:  Cigniti Technologies Ltd. - Business segments

                              Exhibit 59:  Cigniti Technologies Ltd. - Key News

                              Exhibit 60:  Cigniti Technologies Ltd. - Key offerings

               10.7 Infosys Ltd.         

                              Exhibit 61:  Infosys Ltd. - Overview

                              Exhibit 62:  Infosys Ltd. - Business segments

                              Exhibit 63:  Infosys Ltd. - Key News

                              Exhibit 64:  Infosys Ltd. - Key offerings

                              Exhibit 65:  Infosys Ltd. - Segment focus

               10.8 International Business Machines Corp.    

                              Exhibit 66:  International Business Machines Corp. - Overview

                              Exhibit 67:  International Business Machines Corp. - Business segments

                              Exhibit 68:  International Business Machines Corp. - Key News

                              Exhibit 69:  International Business Machines Corp. - Key offerings

                              Exhibit 70:  International Business Machines Corp. - Segment focus

               10.9 Microsoft Corp. 

                              Exhibit 71:  Microsoft Corp. - Overview

                              Exhibit 72:  Microsoft Corp. - Business segments

                              Exhibit 73:  Microsoft Corp. - Key offerings

                              Exhibit 74:  Microsoft Corp. - Segment focus

               10.10 Oracle Corp.     

                              Exhibit 75:  Oracle Corp. - Overview

                              Exhibit 76:  Oracle Corp. - Business segments

                              Exhibit 77:  Oracle Corp. - Key offerings

                              Exhibit 78:  Oracle Corp. - Segment focus

               10.11Performance Lab US LLC              

                              Exhibit 79:  Performance Lab US LLC - Overview

                              Exhibit 80:  Performance Lab US LLC - Product and service

                              Exhibit 81:  Performance Lab US LLC - Key offerings

               10.12 Tricentis GmbH

                              Exhibit 82:  Tricentis GmbH - Overview

                              Exhibit 83:  Tricentis GmbH - Product and service

                              Exhibit 84:  Tricentis GmbH - Key News

                              Exhibit 85:  Tricentis GmbH - Key offerings

11. Appendix                           

               11.1 Scope of the report         

                              11.1.1 ????Market definition

                              11.1.2 ????Objectives

                              11.1.3 ????Notes and caveats

               11.2 Currency conversion rates for US$            

                              Exhibit 86: ?Currency conversion rates for US$?

               11.3 Research Methodology   

                              Exhibit 87: ?Research Methodology

                              Exhibit 88: ??Validation techniques employed for market sizing?

                              Exhibit 89: ??Information sources

               11.4 List of abbreviations        

                              Exhibit 90: List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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Stress Testing Solutions Market market growth will increase by $2.46 bn during 2021-2025.
The stress testing solutions market market is expected to grow at a CAGR of 14.67% during 2021-2025.
Technavio has segmented the stress testing solutions market market by product (Application testing and Product testing) and geography (North America, APAC, South America, MEA, and MEA).
Accenture Plc, Akamai Technologies Inc., Capgemini SE, Cigniti Technologies Ltd., Infosys Ltd., International Business Machines Corp., Microsoft Corp., Oracle Corp., Performance Lab US LLC, Tricentis GmbH are a few of the key vendors in the stress testing solutions market market.
North America will register the highest growth rate of 31% among the other regions. Therefore, the stress testing solutions market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the stress testing solutions market market growth are:
  • increasing adoption of mobile devices and applications
The stress testing solutions market market vendors should focus on grabbing business opportunities from the application testing segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
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  • Five-force market analysis

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