Market Insights : Outsourced Software Testing Market Globally Grow at a CAGR of 10.8% By 2020

ALBANY, NY, May 22, 2017 : Software testing and application performances play a vital role in the growth of an enterprise. With growing technological complexities, software testing functions have become more challenging. Some of the common challenges include security issues, software sourcing problems, and high expenditure. Most software companies have in-house team for software testing, or outsource it to service providers. Outsourcing not only reduces overall expenditure for the company, but also aids them in making a strategic decision to conserve resources, make the best use of human resources, and achieve the business objective through operational excellence. Quality assurance (QA) and testing, a part of outsourcing, is optimum for companies looking to improve their production application quality, and reduce errors and risks through testing.

Technavios analysts forecast the global outsourced software testing market to grow at a CAGR of 10.8% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the global outsourced software testing market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from different outsourced software testing services such as unit testing, integration testing, end-to-end functionality testing, usability testing, system testing, performance testing, and load and stress testing.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Outsourced Software Testing Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Accenture
Capgemini
IBM
TCS
Tech Mahindra
Wipro

Other prominent vendors
Amdocs
Atos
CGI
Cigniti Technologies
CSC
HCL Technologies
HP
L &T Infotech
Logica
Mindtree
Software Quality Systems
Thinksoft Global Services

Market driver
Adding mobility solutions to enterprise businesses
For a full, detailed list, view our report

Market challenge
Lack of communication, collaboration, and reporting
For a full, detailed list, view our report

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Market trend
Shift to business outcome-based metrics
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.