Technavio Projects the Global Testing PaaS Market to Gain Traction through 2019 and Post a CAGR of 30.96%

Renewable energy

 

London, 05 May 2015 – Increased utilization of cloud computing technology will help the global testing PaaS market to gain traction, thus posting a CAGR of 30.96% from 2015-2019, says research firm Technavio.

About the Report

Enterprises worldwide have realized the importance of cloud computing technology as a means of reducing costs and improving their business processes. Organizations are adopting cloud technology following a shift from the capital-intensive model of buying and running software to sharing the applications provided with the help of a third party.

“The adoption of cloud technology enables organizations to gain access to a large number of smart process applications with various advantages like low cost, easy deployment, rapid scalability, easy access and uninterrupted services.

The latest market research report by Technavio emphasizes mobile testing via the cloud which is a business model used for mobile software validation on a pay-per-use basis. Mobile testing reduces operational cost and enables sharing of mobile computing resources, network, and infrastructure.

“Mobile testing is gaining traction because of the increased use of BYOD policy and customized OS platforms.”

Market Scope and Calculation of Market Size

The report covers the present scenario and the growth prospects of the global testing PaaS market for the period 2015-2019. The report describes the market size on the basis of direct revenue generated from issuing new subscriptions and providing technical support and software maintenance.

Key Information Covered in the Report:

Key Vendors:

  • Accenture Plc
  • Hewlett Packard (HP) Co.
  • International Business Machines (IBM) Corp.
  • Wipro Technologies

Market Growth Drivers:

  • Increased utilization of cloud computing technology
  • For a full detailed list, view our report.

Market Challenges:

  • Data security concerns          
  • For a full detailed list, view our report.

Market Trends:

  • Introduction of mobile testing
  • For a full detailed list, view our report.

https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….