Press release
13% CAGR prediction in Software Testing Services market with growth, Development policies, various aspects of the industry players, regions, types, and applications during the forecast period.
Software testing services offerings is another significant trend that is envisaged to propel the growth of the software testing services market during the forecast period. Recent developments have driven companies to align testing services into vertical specializations, which has gained popularity. Ongoing industrial advancements and the persistent penetration of Internet in the remote corners of the world are also responsible for the noteworthy growth of the Global Software Testing Services Market. One of the critical factor responsible for this increase was the ability to have a real-time feedback on product development.
The Software testing services market was valued at USD +23 Billion in 2016 and is projected to reach USD +50 Billion by 2023, at a CAGR of +13% from 2018 to 2023.
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Software testing services market ecosystem includes key players, such as Wipro (India), Cognizant (US), TCS (India), Accenture (Ireland), Capgemini (France), IBM (US), and Infosys (India).
Geographically, North America has dominated the global Software Testing Services market mainly because of the widespread use of smart technology in important sectors such as healthcare and manufacturing and larger concentration of smart homes. On the other side, Asia Pacific has emerged as the fastest developing region in the global market and is expected to be a dominant force in the near future. The acceptance of this market is anticipated to surge in small and medium enterprises over the prognosis period, owing to the cumulative application of appropriate market tools to target numerous groups of customers for branding their products, solutions, and services.
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Software Testing Services Market Research Report 2018-2023
Chapter 1: Software Testing Services Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Market Competition by Manufacturers
Chapter 4: Production, Revenue (Value) by Region
Chapter 5: Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Software Testing Services Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Software Testing Services Market Effect Factors Analysis
Chapter 12: Software Testing Services Market Forecast
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