The Global IoT Testing Market size is expected to reach $15.5 billion by 2030, rising at a market growth of 31.3% CAGR during the forecast period.
IoT testing in smart manufacturing is essential for ensuring the functionality, security, and efficiency of IoT devices and systems. Consequently, the Smart Manufacturing segment would acquire approximately 1/5th share of the market by 2030. It helps manufacturers meet quality standards, reduce costs, and stay competitive in an increasingly connected and data-driven industrial landscape. IoT testing helps ensure the quality of IoT devices, sensors, and communication protocols used in smart manufacturing systems. This ensures that the data collected and transmitted by IoT devices is accurate and reliable. Continuous testing encourages innovation in smart manufacturing by uncovering opportunities to improve processes, adopt new technologies, and enhance overall efficiency.
The major strategies followed by the market participants are Partnerships as the key developmental strategy to keep pace with the changing demands of end users. For instance, In March, 2023, Capgemini SE came into partnership with The ioXt Alliance for the ioXt Authorized Labs certification program. In August, 2023, HCL Technologies Ltd. came into partnership with Pearson VUE to set up advanced test centers for PTE Academic in multiple locations.
Based on the Analysis presented in the KBV Cardinal matrix; Capgemini SE, HCL Technologies Ltd. and Infosys Limited are the forerunners in the Market. In January, 2023, Infosys Limited came into collaboration with VodafoneZiggo to enhance testing efficiency and customer experience with advanced technology and innovative methods, promoting agility and customer-centricity in the testing environment. Companies such as Keysight Technologies, Inc., Happiest Minds Technologies Limited and Apica ABare some of the key innovators in Market.
Market Growth Factors
Growing significance of DevOps
IoT apps and firmware can be deployed more quickly and often because DevOps approaches emphasize continuous integration and delivery (CI/CD). The necessity for quick development and deployment is crucial as IoT devices grow essential to many businesses. Effective and automated testing is necessary to assure the quality and dependability of IoT solutions at this rapid speed. Automated testing is crucial for validating interactions, data flow, and interoperability in IoT systems comprising several devices with various functionalities. The amount of manual work necessary for thorough IoT testing is reduced by this method. Thus, these trends drive the expansion of the market.
Rising acceptance of API monitoring
Application programming interface (API) monitoring is crucial for maintaining the flawless operation, performance, and security of connected devices and applications since APIs allow communication and data exchange across different IoT system components. The rapid pace of IoT advancement and implementation is further matched by automated API monitoring technologies that continuously evaluate API health. IoT testing companies can offer these automated monitoring solutions to meet the industry’s needs for efficiency and agility. As a result, these aspects will improve the market’s growth prospects.
Market Restraining Factors
Inconsistency among interconnectivity and interoperability standards
There are numerous communication protocols, data formats, and connecting techniques because there are no clear standards. Because of this complexity, testing providers must accommodate various variants, further complicating testing environments. The lack of established protocols or interfaces also slows down the testing procedure and the entire product creation process. Inconsistent standards might damage the trust in the dependability and security of IoT devices. This could result in slower acceptance rates and the reluctance of companies and consumers to invest in IoT technology, which would impact the overall growth of the IoT market, including the market for IoT testing.
Service Type Outlook
Based on service type, the market is segmented into professional service and managed service. The professional service segment held the highest revenue share in the market in 2022. Professionals use experts who understand IoT technology, protocols, and best practices. Their experience guarantees complete and accurate testing. Professional testers possess the tools and procedures necessary to thoroughly test IoT devices and systems that address a variety of variables, such as interoperability, security, functionality, and performance. These services assist enterprises in deploying reliable and secure IoT solutions while lowering the risks related to IoT technology adoption by resolving security, functional, and interoperability problems.
Testing Type Outlook
On the basis of testing type, the market is fragmented into functional testing, performance testing, network testing, compatibility testing, usability testing, and security testing. The security testing segment garnered a prominent revenue share in the market in 2022. IoT security testing helps uncover vulnerabilities and weaknesses in IoT devices and systems. This proactive approach allows organizations to address security issues before malicious actors exploit them. IoT devices usually collect and transmit sensitive data, such as personal information, medical records, or industrial data. Security testing helps ensure this data is adequately protected from unauthorized access or breaches.
Application Outlook
By application, the market is classified into smart building & home automation, capillary network management, smart utilities, vehicle telematics, smart manufacturing, smart healthcare, and others. In 2022, the smart healthcare segment procured a promising growth rate in the market. In smart healthcare, IoT testing is vital for safeguarding patient health, protecting data, and ensuring that the technology enhances the quality and efficiency of healthcare delivery. Further, IoT devices such as smart infusion pumps, wearable health monitors, and remote patient monitoring devices must be thoroughly tested to ensure accurate data collection, device functionality, and patient safety. As healthcare IoT systems expand to accommodate more devices and users, scalability testing assesses their ability to scale without impacting performance or security.
Regional Outlook
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the North America region led the market by generating the largest revenue share. This region’s strong economic dominance enables it to aggressively invest in research and development projects and contribute to developing innovative technologies like big data, IoT, DevOps, and mobility. This choice significantly impacted the market development for IoT testing services. Organizations ’ interest in incorporating IoT technology into their operations has brought a significant surge in the growth of the sector.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Capgemini SE, Infosys Limited, Happiest Minds Technologies Limited, HCL Technologies Ltd. (HCL Enterprises), Keysight Technologies, Inc., Rapid7, Inc., AFour Technologies, Apica AB, Novacoast, Inc., and Praetorian Security, Inc.
Recent Strategies Deployed in IoT Testing Market
Partnerships, Collaborations, and Agreements:
Aug-2023: HCL Technologies Ltd. came into partnership with Pearson VUE, the global leader in computer-based certification and licensure exam delivery, to set up advanced test centers in India. Under the partnership, HCLTech will set up advanced test centers for PTE Academic in multiple locations, enhancing security and standardizing testing environments. Additionally, seven centers will be opened in India till the end of 2023.
Mar-2023: Capgemini SE came into partnership with the ioXt Alliance, the global standard for IoT security, for the ioXt Authorized Labs certification program. IoXt Alliance exclusively relies on authorized labs to conduct essential testing for IoT device certification, ensuring ioXt SmartCert label security. Through this partnership, Capgemini expanded its testing and certification services and kept the products safer.
Jan-2023: Infosys Limited came into collaboration with VodafoneZiggo, A leading telecommunication company, to implement an automated testing program. This collaboration aimed to enhance testing efficiency and customer experience with advanced technology and innovative methods, promoting agility and customer-centricity in the testing environment. Through this collaboration, VodafoneZiggo utilized their expertise to achieve testing goals, cementing its position as a telecom industry leader.
Sep-2022: Capgemini SE partnered with SAP Labs India, a multinational company that provides customers with world-class business solutions, to foster innovation among early and growth-stage enterprise SaaS companies, aiming for global customer solutions. Under this partnership, Capgemini utilized SAP Business Technology Platform (BTP) access to craft sustainable, innovative solutions, enhancing integration within the SAP portfolio.
Sep-2022: HCL Technologies Ltd. came into partnership with Intel, an American multinational corporation and technology company, to launch a Center of Excellence for industry-specific Digital Workplace (DWP) solutions. It utilized HCL’s DWP and Intel’s tech to create secure hybrid workplaces. The center also validated new Digital Technology Platform solutions for enterprise demands in a hybrid workplace.
Aug-2022: Keysight Technologies, Inc. expanded its collaboration with Synopsys, an American electronic design automation company, integrating PathWave RFIC Design (GoldenGate) into Synopsys Custom Compiler? and PrimeSim? solutions. This integration facilitated the validation of intricate RF and millimeter-wave design aspects in the Synopsys Custom Design Family for 5G/6G SoC and subsystem designs.
Jun-2022: Infosys collaborated with Otoma, develops a banking platform intended to implement financial solutions faster, for intelligent test automation for banks dealing with payment system updates. This service reduced costs and risks by applying automation throughout system implementation and management. Additionally, It enabled banks to enhance automation, accelerate application development, and optimize critical application maintenance, aligning with their goals of digital transformation, innovation, increased productivity, and cost reduction.
May-2022: Capgemini SE collaborated with King’s College London, a pioneering research endeavour, to explore 6G’s potential for expansive, AI-driven, and eco-friendly networks. Under this collaboration, Capgemini expanded its geographical presence by opening a new lab with the aim of demonstrating 6G’s role in a data-centric intelligent industry. Additionally, the new lab allowed solution prototyping, simulation, and testing, harnessing advanced AI, next-gen connectivity, and silicon tech to tackle 6G’s wireless communication challenges.
Mar-2022: Happiest Minds Technologies Limited partnered with OutSystems, a pioneer and leader in the low-code application development market. The partnership added a top-tier low-code platform to Happiest Minds’ portfolio, facilitating the development, deployment, and management of omnichannel enterprise apps.
Sep-2021: Capgemini SE partnered with Viavi, a global provider of network test, monitoring, and assurance solutions, to establish a cutting-edge 5G and O-RAN lab test capability, utilizing Viavi’s O-RAN Lab as a Service (LaaS) solutions. This collaboration effectively addressed the escalating demands for 5G and O-RAN validation, offering engineers comprehensive network measurements, system integration, and performance testing for gNBs, core networks, core network components, and O-RAN subsystems throughout the network lifecycle.
Dec-2020: Rapid7, Inc. came into partnership with SCADAfence, a market leader in industrial cybersecurity, to offer enhanced visibility for security and Operational Technology (OT) teams in manufacturing and critical infrastructure settings. This technology collaboration enabled customers to assess their infrastructure, including OT assets, and prioritize risks based on both endpoint and network exposures.
Product Launches and Product Expansions:
Apr-2023: Keysight Technologies Inc. expanded its Novus portfolio with its latest Novus mini, a compact network test platform designed for network engineers deploying automotive and industrial IoT devices. It provided a comprehensive TSN conformance suite based on various Avnu Alliance test plans, simplifying product testing for interoperability across applications and markets. Additionally, the Novus mini offered a compact, integrated network test solution adaptable to evolving industries.
Feb-2023: Keysight Technologies, Inc. introduced the E7515R, an addition to its 5G Network Emulation Solutions platform, a specialized network emulator for testing cellular internet of things (CIoT) technologies, including RedCap, covering protocol, RF, and functional aspects. This expansion enriched Keysight’s comprehensive 5G Network Emulation Solutions portfolio, crucial for mobile device validation from design to deployment.
Aug-2022: Apica Systems, a digital performance monitoring leader, improved its capabilities to aid customers in adapting to a Web 3.0 landscape. Their product team executed a forward-looking strategy, merging load testing and synthetic monitoring into the Apica platform, rebranded as Apica Ascent. These enhancements streamlined data consumption, minimizing friction in dashboard use for customers.
Dec-2021: Apica Systems unveiled a unified platform merging active monitoring and load testing to safeguard application health and performance. The platform enabled monitoring teams to secure and maintain critical applications, spanning cloud, containers, and legacy on-premises solutions. Additionally, this comprehensive system bridged visibility gaps in end-user monitoring, preventing revenue loss and enhancing customer and employee satisfaction. Moreover, the highly adaptable platform proactively identified issues, bolstering the customer experience.
Acquisition and Mergers:
Oct-2020: Infosys Limited Acquired Kaleidoscope Innovation, a full-spectrum product design, development, and insights firm. This acquisition strengthened Infosys’ expertise in smart product design, showcasing their dedication to client innovation and improving human lives through advanced technologies. The collaboration’s goal was to transform patient care, diagnostics, treatment, and consumer health on a global scale.
Geographical Expansions:
Sep-2022: Happiest Minds Technologies Limited expanded its Noida facility, boosting delivery capacity and tapping into the local high-tech talent pool, increasing its NCR region capacity to 450. The company said, NCR’s vibrant ecosystem of startups, businesses, and educational hubs aligned with our growth strategy, serving as a valuable talent source.
Jun-2023: HCL Technologies Ltd. announced the launch of cutting-edge Chennai test lab for global telecom OEMs to validate 5G solutions. It’s the first of its kind in India, equipped for testing cellular base stations and antennas. The lab initially tested antennas up to 7 GHz and can expand to millimeter-wave 5G infrastructure for precise measurements.
Sep-2021: Keysight Technologies, Inc established an O-RAN lab in India, aiding global telecom players in 5G adoption. The lab promoted innovation and interoperability testing among O-RAN component suppliers, facilitating smoother 5G network provider rollouts. This initiative accelerated deployments and reduced costs for both vendors and network providers.
Jul-2022: Novacoast, Inc., a cybersecurity and identity and access company, expanded its geographic presence by relocating its corporate headquarters to Wichita, KS. This relocation highlighted Kansas’ status as a cybersecurity hub and emphasized Novacoast’s global role in safeguarding industries. Additionally, the company’s contributions to job creation and advanced cybersecurity training further solidified Kansas as an innovation leader.
Scope of the Study
Market Segments covered in the Report:
By Service Type

    • Professional Service
    • Managed Service

By Testing Type

  • • Functional Testing
    • Performance Testing
    • Compatibility Testing
    • Security Testing
    • Usability Testing
    • Network Testing

By Application

  • • Smart Manufacturing
    • Smart Building & Home Automation
    • Smart Utilities
    • Vehicle Telematics
    • Smart Healthcare
    • Capillary Network Management
    • Others

By Geography

  • • North America

o US
o Canada
o Mexico
o Rest of North America

  • • Europe

o Germany
o UK
o France
o Russia
o Spain
o Italy
o Rest of Europe

  • • Asia Pacific

o China
o Japan
o India
o South Korea
o Singapore
o Malaysia
o Rest of Asia Pacific

  • • LAMEA

o Brazil
o Argentina
o Saudi Arabia
o South Africa
o Nigeria
o Rest of LAMEA
Companies Profiled

  • • Capgemini SE
    • Infosys Limited
    • Happiest Minds Technologies Limited
    • HCL Technologies Ltd. (HCL Enterprises)
    • Keysight Technologies, Inc.
    • Rapid7, Inc.
    • AFour Technologies
    • Apica AB
    • Novacoast, Inc.
    • Praetorian Security, Inc.

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