Global Performance Testing Tools Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Performance Testing Tools Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

In software quality assurance, performance testing is in general a testing practice performed to determine how a system performs in terms of responsiveness and stability under a particular workload. It can also serve to investigate, measure, validate or verify other quality attributes of the system, such as scalability, reliability and resource usage.

Market Overview:

The latest research study on the global Performance Testing Tools market finds that the global Performance Testing Tools market reached a value of USD 217.89 million in 2022. It’s expected that the market will achieve USD 358.29 million by 2028, exhibiting a CAGR of 8.64% during the forecast period.

Region Overview:

In global comparison, a significant portion of the revenue was generated in North America (43.17% in 2022).

Company Overview:

Micro Focus is one of the major players operating in the Performance Testing Tools market, holding a share of 51.5% in 2021.

Micro Focus

Micro Focus Ltd. operates as a software and computer consulting firm. The Company offers application modernization software in order to rewrite and improve client software. Micro Focus offers its programming expertise to financial services companies, industry, and logistics companies worldwide.

SmartBear Software

Smart Bear Software, Inc. designs software. The Company offers development solutions that enables code review, development management, performance analyses, and build management services. Smart Bear Software serves customers worldwide.

Segmentation Overview:

As for product types, the Cloud, SaaS, Web segment held the largest market share in 2022.

Application Overview:

In the Performance Testing Tools market, 87.28% of the total value was generated through the Large Enterprise segment by application in 2022.

Key Companies in the global Performance Testing Tools market covered in Chapter 3:

Neotys
Tricentis
Load Impact
IBM
Stimulus Technology
Loadster
Akamai Technologies
Dotcom-Monitor
Micro Focus
RadView Software
SmartBear Software
Automai

In Chapter 4 and Chapter 14.2, on the basis of types, the Performance Testing Tools market from 2018 to 2029 is primarily split into:

Cloud, SaaS, Web
On Premise

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Performance Testing Tools market from 2018 to 2029 covers:

Large Enterprise
SMBs

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)