Packaged Application Testing teams are always looking for ways to optimize test efforts and costs. In Packaged Application Testing like Oracle Apps Testing, the effort put into identifying qualified test data for processes such as Procure to Pay and Order to Cash can be excruciating. This is done because no one wants data integrity constraints to impact process and transaction accuracy. The best data can be found in production instances and by creating a subset of production data, the problem can be circumvented. In most cases, however, data privacy issues prevent access to live data. Therefore, we have the practice of Test Data Management (TDM) to address the problem. The remit of the TDM team is to make the right data set available in the right combination, in the right format, at the right time and at the right place.
Test Data Management Market report published by MarketsandMarkets™ would help to give strategic overview of Test Data Management Industry growth and continue to drive by presence of prominent players across the globe.According to a new market research report "Test Data Management Market by Component (Solutions and Services), Application (Data Subsetting, Data Masking, and Data Compliance and Security), Deployment Type, Organization Size, Vertical, and Region - Global Forecast to 2022" published by MarketsandMarkets™, the Test Data Management Market expected to grow from USD 584.6 Million in 2017 to USD 1,060.9 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 12.7%.Increased quality of test conditions and leveraging of data integration tools are the growth factors for the Test Data Management Market.
TDM should typically cover the highest level of testing coverage for better traceability of data under production.
The synthetic test data generation helps in reducing the risks of data breach and enhancing the existing subsets of the production data.
Most of the times, an application processes some confidential information, such as the home address, Internet Protocol (IP) address, telephone number, social security number, and credit card number.
Additionally, synthetic test data helps in testing the realistic behaviors of the user data.The rapid adoption of TDM solutions, due to a strong and well-established economy is expected to make North America the largest market in terms of global shareNorth America is expected to contribute the largest share to the global Test Data Management Market.
With an increasing adoption of TDM solutions for IT, BFSI, government, retail, and other industry verticals in developed economies such as US and Canada, the Test Data Management Market is set to grow at a rapid pace in the region.
According to a new market research report "Test Data Management Market by Component (Solutions and Services), Application (Data Subsetting, Data Masking, and Data Compliance and Security), Deployment Type, Organization Size, Vertical, and Region - Global Forecast to 2022" published by MarketsandMarkets™, the Test Data Management Market size expected to grow from USD 584.6 Million in 2017 to USD 1,060.9 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 12.7%.
IT organizations help the other organizations in testing the business functionality in the testing environment.
Test Data Management should typically cover the highest level of testing coverage for better traceability of data under production.
The synthetic test data generation helps in reducing the risks of data breach and enhancing the existing subsets of the production data.
Most of the times, an application processes some confidential information, such as the home address, Internet Protocol (IP) address, telephone number, social security number, and credit card number.
Additionally, synthetic test data helps in testing the realistic behaviors of the user data.The rapid adoption of Test data management solutions, due to a strong and well-established economy is expected to make North America the largest market in terms of global shareNorth America is expected to contribute the largest share to the global Test Data Management Market.
Industry OVERVIEW OF Test Data Management MARKET 2020 TO 2026:The market intelligence report on the Global Test Data Management Market offers accurate insights into the industry relating to the leading segments, product types, applications, and the leading geographic regions studied in this report, along with the market value, capacity, production, consumption, gross revenue, market dynamics, and forecast until the year 2026.
The Global Test Data Management Market is expected to deliver a steady growth rate in the forecast duration from 2020 to 2026.
The report has been created after analyzing its essential information in the overall Global Test Data Management market 2020, the vital market aspects influencing the market growth in the coming years.
Our team of expert analysts has scrutinized the Test Data Management market report by referring to the data provided by leading companies.In market segmentation by types of Test Data Management, the report covers-On-PremisesCloudIn market segmentation by applications of the Test Data Management, the report covers the following uses-Information Technology (IT)TelecomBanking, Financial Services, and Insurance (BFSI)Healthcare and life sciencesGovernmentRetailOthersThe following years are used in this study to estimate the size of the Test Data Management market:Historical year: 2016-2018Base year: 2019Estimated year: 2020Forecast years: 2020 to 2026Scope of the Research:The report offers an in-depth assessment of the competitive scenario, taking into consideration the market shares held by leading companies.
It also discusses the supply-demand dynamics and key participants with vital business intelligence and helps them with a research-backed forecast for the global Test Data Management market.The evaluation includes the forecast, a summary of the competitive landscape, the market shares of competitors, as well as the market trends, demands, opportunities and challenges existing in the sector, and elaborate product analysis.
The market drivers and restraints have also been evaluated in a thorough examination to help the readers comprehend their impact on the industry in the forecast duration.SOME OF THE KEY GEOGRAPHIES MENTIONED IN THIS REPORT INCLUDE:North America (United States, Canada, Mexico)South America (Brazil, Argentina, Ecuador, Chile)Asia Pacific (China, Japan, India, Korea)Europe (Germany, UK, France, Italy)Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More.KEY FEATURES OF THE GLOBAL Test Data Management MARKET REPORT INCLUDE:Market size estimates:The market size of the Global Test Data Management industry has been calculated in terms of value (USD)Trend and forecast analysis:Market trends (2016-2018) and forecast (2020-2026) are discussed in the report by segmenting the market based on Product Type, Technology, Application, End-User, and Business Verticals.Segmentation analysis:An all-inclusive examination of the market segments in terms of both value and volume has been offered in this report.Regional analysis:Based on geography, the market has been categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.Growth opportunities:Market dynamics, along with potential growth prospects existing in the different applications, have been described in detail.
