• About us
  • Contact Us
  • Submit a Press Release
Saturday, January 28, 2023
Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
TheEast-Africana
No Result
View All Result
Submit PR
  • Ethiopia

    Botswana’s mining cadastre reveals hydrocarbon scramble…

    Rwanda, Botswana Police Forces Sign Cooperation Pact – KT PRESS

    From Pope Benedict XVI to Jacinda Ardern: The Challenge of Poor Health versus National Leadership – THISDAY Newspapers

    Uganda to Start Manufacturing Anti-Tick Vaccines

  • Kenya

    Eswatini: Government's message of condolence on passing of … – African Business

    Minister of Finance Neal Rijkenberg announces that Southern African Customs Union (SACU) receipts for Eswatini will increase by 102% in 2023/2024, the highest the country has ever received

    Türk condemns killing of Eswatini human rights lawyer, urges accountability

    Africa Live: UN rights chief condemns killing of Eswatini activist

  • Rwanda

    Lesotho: Zaly Challenges Dismissal – allAfrica.com

    Union Finance Minister Nirmala Sitharaman chairs Finance Ministers’ session of Voice of Global South Summit and highlights the role of G20 in helping the world navigate through multiple crises

    The Lesotho Evangelical Church of Southern Africa (LECSA) Leads Royal Family Prayer

    Under 19 WT20I WC : India thrash Sri Lanka, Rwanda stun Windies

  • Uganda

    Uganda ditches China on SGR – Kampala – Independent

    Farmers from Kenya, Uganda & Mozambique to Get Fertilizers

    EXCLUSIVE: How CAA Top Brass Sabotaged Certification of Entebbe Airport, Delaying Uganda Airlines Flights to UK

    Museveni urges overseas travel ban for Uganda MPs

  • MORE COUNTRIES
    • Burundi
    • Comoros
    • Djibouti
    • Eritrea
    • Ethiopia
    • Kenya
    • Madagascar
    • Malawi
    • Mauritius
    • Mozambique
    • Rwanda
    • Seychelles
    • Somalia
    • South Sudan
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • AFRICA
    The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

    Mradi wa Maji waiimarisha ahadi yake ya kusafisha maji katika Kaunti ya Vihiga, Kenya

    The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

    The Water Project Renforce son Engagement en Faveur de l’Eau Potable dans le Comté de Vihiga, Kenya.

    The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

    The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

    NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

    NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

  • Press releases
    Transportation Seals market witness a growth rate of 7.9 % CAGR during 2022 to 2029

    Transportation Seals market witness a growth rate of 7.9 % CAGR during 2022 to 2029

    Van Market to hit USD 146.85 Bn at a growth rate of 3.9 percent over 2022-2029 Technological advancement

    Van Market to hit USD 146.85 Bn at a growth rate of 3.9 percent over 2022-2029 Technological advancement

    Headlight Market to hit 11.09 Bn by 2029: Industry Analysis, Trends and Forecast (2022-2029)

    Headlight Market to hit 11.09 Bn by 2029: Industry Analysis, Trends and Forecast (2022-2029)

    Electric Construction Equipment Market to Hit USD 241.20 Bn. at Growth Rate of 6.8 percent by 2029

    Electric Construction Equipment Market to Hit USD 241.20 Bn. at Growth Rate of 6.8 percent by 2029

    Injection Molding Machine Market worth $12.4 billion by 2027

    Injection Molding Machine Market worth $12.4 billion by 2027

    LiDAR Industry worth $3.7 billion in 2028 at a CAGR of 19.4%

    Trending Tags

    • Ethiopia

      Botswana’s mining cadastre reveals hydrocarbon scramble…

      Rwanda, Botswana Police Forces Sign Cooperation Pact – KT PRESS

      From Pope Benedict XVI to Jacinda Ardern: The Challenge of Poor Health versus National Leadership – THISDAY Newspapers

      Uganda to Start Manufacturing Anti-Tick Vaccines

    • Kenya

      Eswatini: Government's message of condolence on passing of … – African Business

      Minister of Finance Neal Rijkenberg announces that Southern African Customs Union (SACU) receipts for Eswatini will increase by 102% in 2023/2024, the highest the country has ever received

      Türk condemns killing of Eswatini human rights lawyer, urges accountability

      Africa Live: UN rights chief condemns killing of Eswatini activist

    • Rwanda

      Lesotho: Zaly Challenges Dismissal – allAfrica.com

      Union Finance Minister Nirmala Sitharaman chairs Finance Ministers’ session of Voice of Global South Summit and highlights the role of G20 in helping the world navigate through multiple crises

      The Lesotho Evangelical Church of Southern Africa (LECSA) Leads Royal Family Prayer

      Under 19 WT20I WC : India thrash Sri Lanka, Rwanda stun Windies

    • Uganda

      Uganda ditches China on SGR – Kampala – Independent

      Farmers from Kenya, Uganda & Mozambique to Get Fertilizers

      EXCLUSIVE: How CAA Top Brass Sabotaged Certification of Entebbe Airport, Delaying Uganda Airlines Flights to UK

      Museveni urges overseas travel ban for Uganda MPs

    • MORE COUNTRIES
      • Burundi
      • Comoros
      • Djibouti
      • Eritrea
      • Ethiopia
      • Kenya
      • Madagascar
      • Malawi
      • Mauritius
      • Mozambique
      • Rwanda
      • Seychelles
      • Somalia
      • South Sudan
      • Tanzania
      • Uganda
      • Zambia
      • Zimbabwe
    • AFRICA
      The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

      Mradi wa Maji waiimarisha ahadi yake ya kusafisha maji katika Kaunti ya Vihiga, Kenya

      The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

      The Water Project Renforce son Engagement en Faveur de l’Eau Potable dans le Comté de Vihiga, Kenya.

      The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

      The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

      NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

      NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

    • Press releases
      Transportation Seals market witness a growth rate of 7.9 % CAGR during 2022 to 2029

      Transportation Seals market witness a growth rate of 7.9 % CAGR during 2022 to 2029

      Van Market to hit USD 146.85 Bn at a growth rate of 3.9 percent over 2022-2029 Technological advancement

      Van Market to hit USD 146.85 Bn at a growth rate of 3.9 percent over 2022-2029 Technological advancement

      Headlight Market to hit 11.09 Bn by 2029: Industry Analysis, Trends and Forecast (2022-2029)

      Headlight Market to hit 11.09 Bn by 2029: Industry Analysis, Trends and Forecast (2022-2029)

      Electric Construction Equipment Market to Hit USD 241.20 Bn. at Growth Rate of 6.8 percent by 2029

      Electric Construction Equipment Market to Hit USD 241.20 Bn. at Growth Rate of 6.8 percent by 2029

      Injection Molding Machine Market worth $12.4 billion by 2027

      Injection Molding Machine Market worth $12.4 billion by 2027

      LiDAR Industry worth $3.7 billion in 2028 at a CAGR of 19.4%

      Trending Tags

      Submit PR
      No Result
      View All Result
      TheEast-africana
      Submit PR
      Home Press Releases

      Service Virtualization Market Size Estimated to Reach $2.4 Billion by 2026

      admin by admin
      January 31, 2022
      in Press Releases
      Phototherapy Equipment Market Size Forecast to Reach $1.2 Billion by 2026
      Share on FacebookShare on Twitter


      (EMAILWIRE.COM, January 17, 2022 ) The Service Virtualization Market size is estimated to reach $2.4 Billion by 2026 at a CAGR of 17.7% during the forecast period 2021-2026. Service Virtualization offers superior application quality, higher parallel testing and reliability throughout the entire software development life cycle for designing innovative software applications. The technology is widely deployed to simulate test environments of IT infrastructure across organizations. The paradigm shift of business models and technologies have accelerated wide-scale deployment of model-based computing applications, thereby driving the growth of the Service Virtualization Industry. The popularity of digitalization, rising demand for advanced data integration solutions, application programming interface, and potential investment in cloud-based technologies are additionally promoting the market positively. Furthermore, the growing number of professional service providers worldwide is encouraging various end user industries to leverage the advantages of Service Virtualization end-to-end to aim for ubiquitous computing and other seamless experience. Therefore, the fundamentals of high-performance software applications for data-driven decisions and online experience performances among the enterprises, along with significant investment of service virtualization tools for motivate the growth of the Service Virtualization Market.

      Service Virtualization Market Segment Analysis – By Offerings

      By Offerings, the Service Virtualization Market is segmented into Software and Services. The Service based held the largest share of 54% in 2020, owing to the growing emergence of potential vendors of Service Virtualization to provide latest software and quality service at reasonable price. The factors such as tracking & monitoring application, design & development solution along with consulting & implementation services are pertinent to achieve by the business organization, and thus, managed and professional services are witnessing an enormous popularity. In April 2021, VMware is extending its Telco Cloud Platform to also include the radio access network (RAN). The latest update offers service providers to virtualize their RAN functions and move toward an open RAN architecture. In order to enable service providers to update their core networks, VMware launched Telco Cloud Platform in June 2020, and offer virtualization, along with virtual machine and container management, monitoring and automation support to ensure better operational efficiencies. Therefore, the prevalent demand for improved development and testing of applications and other associated technologies, such as hypertext transfer protocols are boosting the growth of the Service Virtualization Market.

      Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=500924

      Report Price: $ 4500 (Single User License)

      Service Virtualization Market Segment Analysis – By Industry Verticals

      By Industry Verticals, the Service Virtualization Market is segmented into Food and beverage, Healthcare, Apparel, Footwear & Accessories, Travel & Hospitality, Consumer Electronics, Banking, financial services and insurance (BFSI), IT & Telecommunication, Retail & E-commerce, Fast-moving consumer goods (FMCG) and others. IT & Telecommunication is estimated to hold the major share of 38% in 2020, owing to the spurred in demand of artificial intelligence and machine learning across diversified verticals. In fact, competitive business landscape and expanding economy propel the development of advanced hybrid cloud capabilities. In October 2019, Nosto, a global leader in ecommerce personalization and artificial intelligence for retail providers launched A/B Testing & Optimization (ABTO) solution. The platform delivers several digital retailers to learn and implement sophisticated A/B and multivariate tests, pertinent to analyze Campaign & Experience Testing, and other deep ecommerce-specific data. Thus, the promising shifts of businesses to cloud-based deployment to manage flexibility in operations boost the Service Virtualization Market.

      Service Virtualization Market Segment Analysis – By Geography

      North America dominated the Software-defined Anything Market in 2020 with a share of 51%, followed by Asia Pacific. The early adoption of cloud-based solutions, prominence of leading companies such as Google, Oracle, Webtrends and Salesforce and constant research to offer best-in-class hybrid cloud platforms are estimated to generate profitable revenue in this region. In February 2020, leader in scaling network security, Corsa Security announced their participation in the RSA Conference 2020 in San Francisco to demonstrate its Network Security Virtualization Platform. The Corsa Security solution enables enterprises and service providers to gain complete visibility of their SSL/TLS traffic. In addition, Corsa secured an additional $7 million funding from Roadmap Capital in June 2020 that accelerated the momentum of Network Security Virtualization Platform to scale up network security. The growing integration of network security virtualization platform for array of functionalities drives the market positively. The advancements in Asia Pacific, in terms of digital technologies, and surge in adoption of user-experience design tools and software among the SMEs are witnessed to drive the market enormously. In June 2020, the cloud communications for mobile customer engagement provider, Sinch AB signed partnership with ACL Mobile Limited, a cloud communications company in India and Southeast Asia. The acquisition strengthened the portfolio of services to denote enriched user experience regarding A/B Testing Software platforms. Therefore, potential investments and rise of digital enterprise and automotive solutions in these regions are driving the Service Virtualization Market.

      Service Virtualization Market Drivers

      Rise in adoption of Cloud Computing

      The proliferation of digitalization due to the rapid internet penetration worldwide is influencing businesses of all sizes and sectors to adopt virtualization with intelligent orchestration to boost the demand of the Service Virtualization Market. The growing awareness towards the fundamentals of virtualization tools owing to the cost, scalability and flexibility drive the market growth. In September 2020, Episerver, the leading digital experience platform provider acquired Optimizely, the provider of A/B testing and multivariate testing tools. The strategic acquisition enables customers with enriched experience with an optimized platform. In addition, more business organizations across the globe are shifting their workloads to cloud service, resulting in the massive demand of multitude Service Virtualization solutions, which is driving the Service Virtualization Industry.

      Growing business software and services market

      The increase in the volume of enterprise data, rising automation platforms for business processes along with massive deployment of enterprise software across various sectors, are leading the demand for business software and solutions, thereby driving the growth of the Service Virtualization market. The factors such as time-to-market, development costs and premium application are imperative to achieve for the businesses for profitability, and better strategic decision-making. In September 2020, AB Tasty, the fastest-growing provider of AI-powered experimentation & personalization, launched an integrated suite of technology partners with the leading Product Analytics Platforms, and they are Amplitude, Heap and Mixpanel to seek data-driven decisions through leveraging customer data. Hence, the latest launches of business analytic solutions and massive adoption of advanced technologies such as hybrid architecture and application programming interface contributing positively to the growth of Service Virtualization Market.

      Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=500924

      Service Virtualization Market Challenges

      High Cost of Service Virtualization solution

      There are wide ranges of solutions covered within the Service Virtualization platform, such as development testing, end-to-end testing, test automation, and others, which is often considered as a challenging process to select the best fit according to the business need. However, there are customized versions, developed particularly to manage ever-changing consumer needs with premium price range. Thus, the expensive variant of Service Virtualization solutions proves to be a demotivating factor for many small and medium sized companies to adopt. These are the factors that hinder the growth of the Service Virtualization Market.

      Service Virtualization Market Landscape

      Partnerships and acquisitions along with product launches are the key strategies adopted by the players in the Service Virtualization market. The Service Virtualization market top 10 companies include Conductrics, Optimizely, Convert, Parasoft, Wingify, Pagewiz, BlueConic, Evergage, Maxymizely, AB Tasty, Amdocs and among others

      Partnerships/Product Launches/Contracts

      In November 2020, Parasoft announced a partnership with Lattix Inc. The partnership combines Lattix Architect and Parasoft C/C++test’s automated software testing tool suite, which helps in fast, visual representation for quality enforcement and continuous compliance.

      In May 2021, Amdocs, a leading provider of software and services to communications and media companies was acquired by SES, a world-leading content connectivity solutions provider. The progress of this acquisition is due to the Amdocs Quality Engineering’s end-to-end testing framework that helps SES to automate their end-to-end flow validation process.

      In August 2019, the global leader in software test automation for embedded, enterprise, and IoT markets, Parasoft announced the partnership with Auriga Inc., the leader in outsourced R&D for testing. The strategic business collaboration is developed to offer Auriga clients to seek reduced time-to-market by leveraging Parasoft’s automated software testing tool suite, ensuring quality at each stage of the SDLC.

      Key Takeaways

      North America dominated the Software-defined Anything Market in 2020 with a share of 51%, owing to the early adoption of cloud-based solutions, prominence of leading companies such as Google, Oracle, Webtrends and Salesforce and constant research to offer best-in-class hybrid cloud platforms are estimated to generate profitable revenue in this region.

      The proliferation of digitalization due to the rapid internet penetration is influencing businesses to adopt virtualization with intelligent orchestration, thereby boost the market demand.

      The Service based held the largest share of 54% in 2020, owing to the growing emergence of potential vendors of Service Virtualization to provide latest software and quality service at reasonable price.

      Related Reports

      A.Web Performance Market

      https://www.industryarc.com/Research/Web-Performance-Market-Research-500913

      B.PC Website Builders Market

      https://www.industryarc.com/Research/PC-Website-Builders-Market-Research-502591

      For more Information and Communications Technology Market reports, please click here

      About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.



      Source link

      Previous Post

      Lactose-Free Products Market worth $18.4 billion by 2025

      Next Post

      Renewable Chemicals Market Size Forecast to Reach $ 52.3 Billion by 2026

      Related Posts

      Van Market to hit USD 146.85 Bn at a growth rate of 3.9 percent over 2022-2029 Technological advancement
      Press Releases

      Van Market to hit USD 146.85 Bn at a growth rate of 3.9 percent over 2022-2029 Technological advancement

      January 21, 2023
      Headlight Market to hit 11.09 Bn by 2029: Industry Analysis, Trends and Forecast (2022-2029)
      Press Releases

      Headlight Market to hit 11.09 Bn by 2029: Industry Analysis, Trends and Forecast (2022-2029)

      January 21, 2023
      Transportation Seals market witness a growth rate of 7.9 % CAGR during 2022 to 2029
      Press Releases

      Transportation Seals market witness a growth rate of 7.9 % CAGR during 2022 to 2029

      January 21, 2023
      Electric Construction Equipment Market to Hit USD 241.20 Bn. at Growth Rate of 6.8 percent by 2029
      Press Releases

      Electric Construction Equipment Market to Hit USD 241.20 Bn. at Growth Rate of 6.8 percent by 2029

      January 20, 2023
      Injection Molding Machine Market worth $12.4 billion by 2027
      Press Releases

      Injection Molding Machine Market worth $12.4 billion by 2027

      January 20, 2023
      Press Releases

      LiDAR Industry worth $3.7 billion in 2028 at a CAGR of 19.4%

      January 20, 2023

      Discussion about this post

      LATEST NEWS

      The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

      Mradi wa Maji waiimarisha ahadi yake ya kusafisha maji katika Kaunti ya Vihiga, Kenya

      January 26, 2023
      The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

      The Water Project Renforce son Engagement en Faveur de l’Eau Potable dans le Comté de Vihiga, Kenya.

      January 26, 2023
      The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

      The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

      January 26, 2023
      NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

      NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

      January 26, 2023

      About

      The East Africana™ reports and aggregates business, socio-economic, Tech and industrial news on Southern African countries.

      We provide press release distribution to media outlets in Africa including Botswana, Eswatini, Lesotho, Namibia and South Africa. Submit a press release or contact us today.

      Categories

      ETHIOPIA

      KENYA

      RWANDA

      UGANDA

      MORE COUNTRIES

      AFRICA

      PRESS RELEASES

      Recent Post

      Recent Posts
      • Mradi wa Maji waiimarisha ahadi yake ya kusafisha maji katika Kaunti ya Vihiga, Kenya
      • The Water Project Renforce son Engagement en Faveur de l’Eau Potable dans le Comté de Vihiga, Kenya.
      • The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

      Subscribe to Our Newsletter

        Share Us

        Share on facebook
        Share on twitter
        Share on linkedin
        Share on pinterest

        Contact Us

        • +1 832 716 2363
        • +12816454086
        • Email: Email Us
        • Skype: groupwebmedia
        The East Africana™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC
        No Result
        View All Result
        • Ethiopia
        • Kenya
        • Rwanda
        • Uganda
        • MORE COUNTRIES
          • Burundi
          • Comoros
          • Djibouti
          • Eritrea
          • Ethiopia
          • Kenya
          • Madagascar
          • Malawi
          • Mauritius
          • Mozambique
          • Rwanda
          • Seychelles
          • Somalia
          • South Sudan
          • Tanzania
          • Uganda
          • Zambia
          • Zimbabwe
        • AFRICA
        • Press releases

        Share on facebook
        Share on twitter
        Share on linkedin
        Share on pinterest
        © 2023 The-East-Africana