The widespread adoption of machine-to-machine (M2M) communication, a shift from reactive to predictive analytics for the Internet of Things (IoT), and continuing virtualization of network functions are leading service providers to look for advanced testing solutions for big data and cloud analytics, according to a new study from Frost & Sullivan.
The report, Global Big Data and Cloud Analytics Test Services Market and Monitoring Equipment Market, finds that the market earned revenue of $650.1 million in 2014 and estimates that it will reach $1.63 billion by 2019.
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