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Test Data Management Market by Application, Component, and Geography - Forecast and Analysis 2022-2026

  • Published: Jun 2022
  • Pages: 139
  • SKU: IRTNTR73608
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The test data management market share is expected to rise to USD 761.92 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 11.75%. This test data management (TDM) market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The test data management market report also offers information on several market vendors, including ANSYS Inc., BMC Software Inc., Broadcom Inc., Cigniti Technologies Ltd., Dassault Systemes SE, DATPROF, Delphix Corp., Ekobit d.o.o, ESCO Technologies Inc., GenRocket Inc. , Hexagon AB, Informatica LLC, Infosys Ltd., International Business Machines Corp., Mage Inc., Oracle Corp., Original Software Group Ltd., Parasoft Corp., Siemens AG, and Solix Technologies Inc. among others. Furthermore, this report extensively covers test data management market segmentation by application (on-premise and cloud-based), component (solutions and services), and geography (North America, APAC, Europe, Middle East and Africa, and South America).

What will the Test Data Management Market Size be During the Forecast Period?

Test Data Management Market Size

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Test Data Management Market: Key Drivers, Trends, and Challenges

The growing adoption of automation by enterprises is notably driving the TDM market growth, although factors such as lack of awareness and standardization may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the test data management industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Test Data Management Market Driver

  • One of the key factors driving the global test data management industry growth is the growing adoption of automation by enterprises.
  • Some of the aspects of TDM are scripting, data generation, data masking, cloning, and provisioning. TDM speeds up the process and makes it far more efficient.
  • During the development and testing phase, automating the process ensures the quality of the test results.
  • The generation of test data is also automated, just like regression testing and other common tests.
  • TDM saves time in the long term, decreases effort, and aids in the detection of data errors on a continuous basis.
  • The QA team would eventually be in a better position to streamline and validate the test data management process.
  • The growing adoption of automation will drive market growth during the forecast period.

Key Test Data Management Market Trend

  • Growing consumer spending on technological solutions is one of the key test data management market trends that is expected to impact the industry positively in the forecast period.
  • The demand for new technologies such as cloud, data analytics technologies, and digital twin simulations technology has increased.
  • TDM systems offer benefits such as ease in the retrieval of stored data, low cost, and faster deployments.
  • Integration of technologies such as the IoT, ML, AI, and others is projected to result in the development of TDM solutions with improved capabilities and performance.
  • Industries such as automotive, healthcare, energy and utilities, electronics, and Hi-tech need modern internet and cloud solutions to gain a competitive edge in the market.
  • In the aerospace and defense industry, TDM solutions are used to reduce the number of prototypes and product development time, which is saving financial as well as human resources. 

Key Test Data Management Market Challenge

  • One of the key challenges to the global test data management industry growth is the lack of awareness and standardization.
  • Every team member, not just the team leaders, should be aware of test data management as it encompasses a number of processes and tools.
  • Team members may make more errors if they are not completely informed.
  • The testing cycles will take longer if there is no standard data request form as the team will be asking for data in a variety of forms, which can cause confusion.
  • There is no standard data request form or provisioning method followed since different teams request data in different formats for different types of testing, such as data warehouse testing, performance testing, and UAT.
  • The lack of awareness and standardization may hamper the market growth in the forecast years.

This test data management 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 2022-2026.

Parent Market Analysis

Technavio categorizes the global test data management market as a part of the global information technology (IT) spending 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 test data management market during the forecast period.

Who are the Major Test Data Management Market Vendors?

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

 

  • ANSYS Inc.
  • BMC Software Inc.
  • Broadcom Inc.
  • Cigniti Technologies Ltd.
  • Dassault Systemes SE
  • DATPROF
  • Delphix Corp.
  • Ekobit d.o.o
  • ESCO Technologies Inc.
  • GenRocket Inc. 
  • Hexagon AB
  • Informatica LLC
  • Infosys Ltd.
  • International Business Machines Corp.
  • Mage Inc.
  • Oracle Corp.
  • Original Software Group Ltd.
  • Parasoft Corp.
  • Siemens AG
  • Solix Technologies Inc.

 

This statistical study of the test data management market encompasses successful business strategies deployed by the key vendors. The test data management market is fragmented and the vendors are deploying growth strategies such as technological innovation to compete in the market.

Product Insights and News

  • BMC Software Inc. - The company offers a test data management solution that includes an end-to-end combination of the technology, expertise, and best practices needed to support a data protection and optimization initiative across the enterprise.
  • BMC Software Inc. - Under the unified segment, the company offers products such as BMC Helix Service and Operations Management, TrueSight IT Operations and Automation, Mainframe, and Control-M Workflow Orchestration.

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 test data management 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.

Test Data Management Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the test data management market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain 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.

Which are the Key Regions for Test Data Management Market?

Test Data Management Market Market segmentation by region

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36% of the market's growth will originate from North America during the forecast period. The US is the key market for test data management in North America. Market growth in this region will be faster than the growth of the market in South America, Europe, and MEA.

The significant increase in IT spending, acceptance of novel and advanced technologies, and the presence of a large number of key market players will facilitate the test data management 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 regional test data management market witnessed a slowdown in 2020 due to the outbreak of COVID-19. The US has been the most affected country globally by the COVID-19 pandemic. However, by 2021, the demand for test data management solutions and services rebounded as regional end-user activities picked up due to the initiation of large-scale COVID-19 vaccination drives. These factors will, thus, drive the growth of the regional test data management market during the forecast period.

What are the Revenue-generating Application Segments in the Test Data Management Market?

Test Data Management Market Segmentation

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The test data management market share growth by the on-premise segment will be significant during the forecast period. On-premises testing requires setting up a dedicated testing team with the required skills that fit the testing dynamics, which gives better control over the testing process with increased security. The performance testing of the on-premise setup can be accessed and utilized without the need for connecting to the internet for internal systems. Such factors contribute to the growth of the segment during the forecast period.

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

 

Test Data Management Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 11.75%

Market growth 2022-2026

$ 761.92 million

Market structure

Fragmented

YoY growth (%)

9.32

Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

North America at 36%

Key consumer countries

US, China, India, UK, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

ANSYS Inc., BMC Software Inc., Broadcom Inc., Cigniti Technologies Ltd., Dassault Systemes SE, DATPROF, Delphix Corp., Ekobit d.o.o, ESCO Technologies Inc., GenRocket Inc. , Hexagon AB, Informatica LLC, Infosys Ltd., International Business Machines Corp., Mage Inc., Oracle Corp., Original Software Group Ltd., Parasoft Corp., Siemens AG, and Solix Technologies Inc.

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

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What are the Key Data Covered in this Test Data Management Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive test data management market growth during the next five years
  • Precise estimation of the test data management market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the test data management industry across North America, APAC, Europe, Middle East and Africa, and South America
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of test data management market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Component
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Application

    • 5.1 Market segments
      • Exhibit 25: Chart on Application - Market share 2021-2026 (%)
      • Exhibit 26: Data Table on Application - Market share 2021-2026 (%)
    • 5.2 Comparison by Application
      • Exhibit 27: Chart on Comparison by Application
      • Exhibit 28: Data Table on Comparison by Application
    • 5.3 On-premise - Market size and forecast 2021-2026
      • Exhibit 29: Chart on On-premise - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Data Table on On-premise - Market size and forecast 2021-2026 ($ million)
      • Exhibit 31: Chart on On-premise - Year-over-year growth 2021-2026 (%)
      • Exhibit 32: Data Table on On-premise - Year-over-year growth 2021-2026 (%)
    • 5.4 Cloud-based - Market size and forecast 2021-2026
      • Exhibit 33: Chart on Cloud-based - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Data Table on Cloud-based - Market size and forecast 2021-2026 ($ million)
      • Exhibit 35: Chart on Cloud-based - Year-over-year growth 2021-2026 (%)
      • Exhibit 36: Data Table on Cloud-based - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Application
      • Exhibit 37: Market opportunity by Application ($ million)

    6 Market Segmentation by Component

    • 6.1 Market segments
      • Exhibit 38: Chart on Component - Market share 2021-2026 (%)
      • Exhibit 39: Data Table on Component - Market share 2021-2026 (%)
    • 6.2 Comparison by Component
      • Exhibit 40: Chart on Comparison by Component
      • Exhibit 41: Data Table on Comparison by Component
    • 6.3 Solutions - Market size and forecast 2021-2026
      • Exhibit 42: Chart on Solutions - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on Solutions - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on Solutions - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on Solutions - Year-over-year growth 2021-2026 (%)
    • 6.4 Services - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Services - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Services - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Services - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Services - Year-over-year growth 2021-2026 (%)
    • 6.5 Market opportunity by Component
      • Exhibit 50: Market opportunity by Component ($ million)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Exhibit 51: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Exhibit 52: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 53: Data Table on Market share by geography 2021-2026 (%)
    • 8.2 Geographic comparison
      • Exhibit 54: Chart on Geographic comparison
      • Exhibit 55: Data Table on Geographic comparison
    • 8.3 North America - Market size and forecast 2021-2026
      • Exhibit 56: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 57: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 58: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 59: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 8.4 APAC - Market size and forecast 2021-2026
      • Exhibit 60: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 61: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 62: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 63: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 8.5 Europe - Market size and forecast 2021-2026
      • Exhibit 64: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 65: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 66: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 67: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 8.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 68: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 69: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 70: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 71: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 8.7 South America - Market size and forecast 2021-2026
      • Exhibit 72: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 73: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 74: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 75: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 8.8 US - Market size and forecast 2021-2026
      • Exhibit 76: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 77: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 78: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 79: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 8.9 China - Market size and forecast 2021-2026
      • Exhibit 80: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 81: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 82: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 83: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 8.10 India - Market size and forecast 2021-2026
      • Exhibit 84: Chart on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 85: Data Table on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 86: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 87: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 8.11 UK - Market size and forecast 2021-2026
      • Exhibit 88: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 89: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 90: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 91: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 8.12 Germany - Market size and forecast 2021-2026
      • Exhibit 92: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 93: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 94: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 95: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 8.13 Market opportunity by geography
      • Exhibit 96: Market opportunity by geography ($ million)

    9 Drivers, Challenges, and Trends

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Exhibit 97: Impact of drivers and challenges in 2021 and 2026
        • 9.4 Market trends

          10 Vendor Landscape

          • 10.1 Overview
            • 10.2 Vendor landscape
              • Exhibit 98: Overview on Criticality of inputs and Factors of differentiation
            • 10.3 Landscape disruption
              • Exhibit 99: Overview on factors of disruption
            • 10.4 Industry risks
              • Exhibit 100: Impact of key risks on business

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 101: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 102: Matrix on vendor position and classification
            • 11.3 BMC Software Inc.
              • Exhibit 103: BMC Software Inc. - Overview
              • Exhibit 104: BMC Software Inc. - Product / Service
              • Exhibit 105: BMC Software Inc. - Key offerings
            • 11.4 Broadcom Inc.
              • Exhibit 106: Broadcom Inc. - Overview
              • Exhibit 107: Broadcom Inc. - Business segments
              • Exhibit 108: Broadcom Inc. - Key news
              • Exhibit 109: Broadcom Inc. - Key offerings
              • Exhibit 110: Broadcom Inc. - Segment focus
            • 11.5 Cigniti Technologies Ltd.
              • Exhibit 111: Cigniti Technologies Ltd. - Overview
              • Exhibit 112: Cigniti Technologies Ltd. - Product / Service
              • Exhibit 113: Cigniti Technologies Ltd. - Key offerings
            • 11.6 DATPROF
              • Exhibit 114: DATPROF - Overview
              • Exhibit 115: DATPROF - Product / Service
              • Exhibit 116: DATPROF - Key offerings
            • 11.7 Delphix Corp.
              • Exhibit 117: Delphix Corp. - Overview
              • Exhibit 118: Delphix Corp. - Product / Service
              • Exhibit 119: Delphix Corp. - Key offerings
            • 11.8 Ekobit d.o.o
              • Exhibit 120: Ekobit d.o.o - Overview
              • Exhibit 121: Ekobit d.o.o - Product / Service
              • Exhibit 122: Ekobit d.o.o - Key offerings
            • 11.9 Informatica LLC
              • Exhibit 123: Informatica LLC - Overview
              • Exhibit 124: Informatica LLC - Product / Service
              • Exhibit 125: Informatica LLC - Key offerings
            • 11.10 Infosys Ltd.
              • Exhibit 126: Infosys Ltd. - Overview
              • Exhibit 127: Infosys Ltd. - Business segments
              • Exhibit 128: Infosys Ltd. - Key news
              • Exhibit 129: Infosys Ltd. - Key offerings
              • Exhibit 130: Infosys Ltd. - Segment focus
            • 11.11 International Business Machines Corp.
              • Exhibit 131: International Business Machines Corp. - Overview
              • Exhibit 132: International Business Machines Corp. - Business segments
              • Exhibit 133: International Business Machines Corp. - Key offerings
              • Exhibit 134: International Business Machines Corp. - Segment focus
            • 11.12 Oracle Corp.
              • Exhibit 135: Oracle Corp. - Overview
              • Exhibit 136: Oracle Corp. - Business segments
              • Exhibit 137: Oracle Corp. - Key news
              • Exhibit 138: Oracle Corp. - Key offerings
              • Exhibit 139: Oracle Corp. - Segment focus

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Exhibit 140: Inclusions checklist
                • Exhibit 141: Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Exhibit 142: Currency conversion rates for US$
              • 12.4 Research methodology
                • Exhibit 143: Research methodology
                • Exhibit 144: Validation techniques employed for market sizing
                • Exhibit 145: Information sources
              • 12.5 List of abbreviations
                • Exhibit 146: 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
              Technavio

              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
              Technavio

              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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              Test Data Management Market market growth will increase by $761.92 mn during 2022-2026.
              The test data management market market is expected to grow at a CAGR of 11.75% during 2022-2026.
              Technavio has segmented the test data management market market by application (On-premise and Cloud-based) ,component (Solutions and Services) , and geography (North America, APAC, Europe, Middle East and Africa, and South America).
              ANSYS Inc., BMC Software Inc., Broadcom Inc., Cigniti Technologies Ltd., Dassault Systemes SE, DATPROF, Delphix Corp., Ekobit d.o.o, ESCO Technologies Inc., GenRocket Inc. , Hexagon AB, Informatica LLC, Infosys Ltd., International Business Machines Corp., Mage Inc., Oracle Corp., Original Software Group Ltd., Parasoft Corp., Siemens AG, Solix Technologies Inc. are a few of the key vendors in the test data management market market.
              North America will register the highest growth rate of 36% among the other regions. Therefore, the test data management market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the test data management market market growth are:
              • Growing adoption of automation by enterprises
              • Growing consumer spending on technological solutions
              The test data management market market vendors should focus on grabbing business opportunities from the on-premise 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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