- October 27, 2021
- Posted by: Swati.patel
- Category: Press Release
Major players in the IoT (internet of Things) testing market are HCL Technologies Ltd, Tata Consultancy Services Limited, Happiest Minds, RapidValue Solutions, and AFour Technologies. The global IoT testing market is expected to grow from $0.
New York, Sept. 30, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “IoT Testing Global Market Report 2021: COVID-19 Growth And Change To 2030” – https://www.reportlinker.com/p06151603/?utm_source=GNW
76 billion in 2020 to $0.83 billion in 2021 at a compound annual growth rate (CAGR) of 9.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $2.21 billion in 2025 at a CAGR of 27.7%.