Global Test Data Management Market 2024-2028
Global Test Data Management Market 2024-2028
The test data management market is forecasted to grow by USD 630.1 mn during 2023-2028, accelerating at a CAGR of 10.03% during the forecast period. The report on the test data management market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing adoption of automation by enterprises, adoption of cloud-based technologies, and increase in adoption of software by smes.
Technavio's test data management market is segmented as below:
- By Application
- On-premise
- Cloud-based
- By Component
- Solutions
- Services
- By Geographical Landscape
- North America
- APAC
- Europe
- Middle East and Africa
- South America
This study identifies the growing consumer spending on technological solutions as one of the prime reasons driving the test data management market growth during the next few years. Also, protects against loss of data generated from test software and reduction of human error in calculation process with use of software will lead to sizable demand in the market.
The report on the test data management market covers the following areas:
- Test data management market sizing
- Test data management market forecast
- Test data management market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading test data management market vendors that include 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 Inc., Infosys Ltd., International Business Machines Corp., Mage Inc., Oracle Corp., Original Software Group Ltd., Parasoft Corp., Siemens AG, and Solix Technologies Inc.. Also, the test data management market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.