What is Performance Testing?
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 break-up.
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.
Segmentation Overview
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.
Market Trend
- The Introduction fo Artificial Intelligence for Performance Testing
- Increasing Use of APM to Support Shift Right Performance Monitoring
Market Drivers
- 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
Opportunities
- Growing Number of Software Development with Demand for Automating the Operations in Various Industries
Restraints
- Complexities Involved with Rigorous Performance Testing
Challenges
- Problems with Long Load Time and Poor Response Time
- Adherence to Stringent Regulatory Compliance
Key Target Audience
Performance Testing Providers, Performance Testing Tools Developers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Industry Associations and Others
About Approach
During this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Customization available in this Study:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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