Press release
Service Virtualization Market to 2025 (18.1% CAGR Expected) Top Player Profiles – CA Technologies, IBM, Micro Focus, Smartbear Software, Parasoft, Tricentis, Cavisson Systems, Cigniti, Cognizant, Wipro Limited and More
In software engineering, service virtualization is a method to emulate the behavior of specific components in heterogeneous component-based applications such as service-oriented architectures. It is used to provide software development and QA/testing teams access to dependent system components that are needed to exercise an application under test (AUT), but are unavailable or difficult-to-access for development and testing purposes.Scope of the Report:
This report studies the Service Virtualization market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Service Virtualization market by product type and applications/end industries.
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North America is expected to have the largest market share and is projected to dominate the market during the forecast period. This North American region is rapidly adopting emerging technologies, such as smartphones and cloud platforms. Due to this, companies are willingly investing in the North American region. Most service virtualization solutions and services vendors have an eminent presence in the North American region, and therefore, the competition is stiff among the major market players.
The global Service Virtualization market is valued at 360 million USD in 2017 and is expected to reach 970 million USD by the end of 2023, growing at a CAGR of 18.1% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Service Virtualization.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers CA Technologies , IBM, Micro Focus, Smartbear Software, Parasoft, Tricentis, Cavisson Systems, Cigniti, Cognizant, Wipro Limited, Sogeti, SQS, Maveric Systems, Prolifics
Market Segment by Regions, regional analysis covers
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
• Software/Tools
• Services
Market Segment by Applications, can be divided into
• IT Services
• Telecommunication
• BFSI
• Retail and eCommerce
• Media and Entertainment
• Healthcare
• Automotive
• Other
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Table of Contents
1 Service Virtualization Market Overview
1.1 Product Overview and Scope of Service Virtualization
1.2 Classification of Service Virtualization by Types
1.2.1 Global Service Virtualization Revenue Comparison by Types (2017-2023)
1.2.2 Global Service Virtualization Revenue Market Share by Types in 2017
1.2.3 Software/Tools
1.2.4 Services
1.3 Global Service Virtualization Market by Application
1.3.1 Global Service Virtualization Market Size and Market Share Comparison by Applications (2013-2023)
1.3.2 IT Services
1.3.3 Telecommunication
1.3.4 BFSI
1.3.5 Retail and eCommerce
1.3.6 Media and Entertainment
1.3.7 Healthcare
1.3.8 Automotive
1.3.9 Others
1.4 Global Service Virtualization Market by Regions
1.4.1 Global Service Virtualization Market Size (Million USD) Comparison by Regions (2013-2023)
1.4.1 North America (USA, Canada and Mexico) Service Virtualization Status and Prospect (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy) Service Virtualization Status and Prospect (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Service Virtualization Status and Prospect (2013-2023)
1.4.4 South America (Brazil, Argentina, Colombia) Service Virtualization Status and Prospect (2013-2023)
1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Service Virtualization Status and Prospect (2013-2023)
1.5 Global Market Size of Service Virtualization (2013-2023)
2 Manufacturers Profiles
2.1 CA Technologies
2.1.1 Business Overview
2.1.2 Service Virtualization Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 CA Technologies Service Virtualization Revenue, Gross Margin and Market Share (2016-2017)
2.2 IBM
2.2.1 Business Overview
2.2.2 Service Virtualization Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 IBM Service Virtualization Revenue, Gross Margin and Market Share (2016-2017)
2.3 Micro Focus
2.3.1 Business Overview
2.3.2 Service Virtualization Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Micro Focus Service Virtualization Revenue, Gross Margin and Market Share (2016-2017)
2.4 Smartbear Software
2.4.1 Business Overview
2.4.2 Service Virtualization Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Smartbear Software Service Virtualization Revenue, Gross Margin and Market Share (2016-2017)
2.5 Parasoft
2.5.1 Business Overview
2.5.2 Service Virtualization Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Parasoft Service Virtualization Revenue, Gross Margin and Market Share (2016-2017)
2.6 Tricentis
2.6.1 Business Overview
2.6.2 Service Virtualization Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Tricentis Service Virtualization Revenue, Gross Margin and Market Share (2016-2017)
2.7 Cavisson Systems
2.7.1 Business Overview
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