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Chaos Engineering Tools Market Analysis

  • Report ID: GMI7340
  • Published Date: Nov 2023
  • Report Format: PDF

Chaos Engineering Tools Market Analysis

 Chaos Engineering Tools Market Size, By Component, 2021 – 2032, (USD Billion)

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Based on component, the solution segment held over 70% of the market share in 2022, owing to an increasing demand for diverse and specialized tools. Solutions catering to specific areas such as automation, observability, and security within chaos engineering are expected to expand. As businesses emphasize resilience and reliability, there is a heightened need for comprehensive tools that address various facets of system robustness. This growth anticipates a broader array of tailored solutions to meet the evolving market and technological demands.
 

Chaos Engineering Tools Market Share, By Industry Vertical, 2022

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Based on industry vertical, the IT & telecom segment accounted for 24% of the chaos engineering tools market share in 2022, due to the industry's increasing reliance on robust digital infrastructures. With the surge in cloud-based services and telecommunication technologies, there is a heightened need for tools to ensure system resilience. Chaos engineering tools that specifically cater to the complexities of IT and telecom networks are poised to expand, aiding in stress-testing and fortifying these critical systems for enhanced reliability & performance. 
 

U.S. Chaos Engineering Tools Market Size, 2021 -2032, (USD Million)

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North America chaos engineering tools market recorded around 35% of revenue share in 2022, attributed to its technological advancements & growing corporate landscape. The emphasis on digital infrastructure resilience and the widespread adoption of cloud-based solutions in industries across the region drive the demand for effective chaos engineering tools.
 

For instance, in March 2022, Harness Inc. acquired ChaosNative Inc., the creator of LitmusChaos (a widely adopted project in the Cloud Native Computing Foundation). Litmus is ChaosNative's robust enterprise platform for chaos engineering, used by prominent organizations. The platform, available in both cloud & on-premises versions, provides highly scalable and secure chaos engineering solutions to enhance system reliability.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of chaos engineering tools reached USD 2 billion in 2022 and is set to expand at over 8.5% CAGR from 2023 to 2032, led by the rising seed funding for significantly fostering innovation and development.

The solutions segment accounted for around 70% of the market share in 2022, owing to the surging demand for diverse and specialized tools.

North America held around 35% of the market share in 2022, due to the growing technological advancements and developing corporate landscape.

Some of the leading chaos engineering tool companies are AWS, Cavission Systems, ChaosSearch, Microsoft, PagerDuty, Speedscale, and WireMock.

Chaos Engineering Tools Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 20
  • Tables & Figures: 343
  • Countries covered: 19
  • Pages: 250
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