Model Based Testing Market likely to have a significant influence on the growth till 2027 // key player - HCL Technologies, Wipro, Microsoft, Teveron, IBM Corporation, PractiTest Ltd., Seapine Software Inc., Turbo computer systems
Request TOC of this Report- https://www.factmr.com/connectus/sample?flag=T&rep_id=445
As software testing evolves, model based testing has become an integral part of modern test automation in which test cases are derived from model describing the functional aspects of the system under test. In the recent years, model based testing has been gaining pace in various technical organizations, for its ability to detect memory leaks and conflicts that could otherwise cause a software to crash. In addition, model based testing is capable to execute different tests on multiple machines and has been proven to be a time-saving and quality testing approach. Rising demand and sales of software products is likely to have a significant influence on the growth of model based testing market.
Infosys, Oracle, Capgemini, Accenture, HCL Technologies, Wipro, Microsoft, Teveron, IBM Corporation, PractiTest Ltd., Seapine Software, Inc., Turbo computer systems, Smarte Soft, Inc., Testing Technologies IST GmbH are some of the leading players operating in model based testing market.
In April 2019, Accenture’s Accenture Interactive agreed to acquire one of the world’s most innovative and influential creative agencies – Droga5, to boost its capabilities to design, develop, and run customer experiences that grow brands and business. In July 2016, the company formed an alliance with Tricentis to integrate the Tricentis Tosca Testsuite into the former’s application testing services and bring next level of automation with model based testing to enterprises.
In March 2019, Infosys announced that it has entered into strategic partnership with ABN AMRO in Netherlands to strengthen the company’s position as a leading technology and business process management provider across mortgage administration services. As a part of the partnership, Infosys will acquire 75% shareholding in ABN AMRO’s subsidiary – Stater N.V.
In February 2019, Capgemini announced to aid Imerys digitally transform its main processes by designing and implementing an intelligent business platform on a global scale. The unique Enterprise Resource Planning (ERP) platform will be based on the company’s intelligent business software suite – SAP S/4HANA®.
Browse Full Report with TOC- https://www.factmr.com/report/445/model-based-testing-market
Model-based approach not only improves the construction of reliable software but also help enhance efficiency of the development process and quality of the developed product. This is considered to be a key factor driving the global expansion of model based testing market.
While model based testing has gained widespread acceptance for its efficiency in software testing and development, lack of skilled testers and difficulty in understanding the model due to its complex nature remains a key challenge restricting the growth of model based testing market.
While presence of world’s leading tech companies is boosting the adoption of model based testing in developed nations of North America and Europe, key players are focusing on improving their foothold in emerging economies of Asia Pacific. Strong automotive sectors along with expanding IT industry in these regions that has significantly increased the need for software testing are likely to strengthen the growth of model based testing market in Asia Pacific.
Request Brochure of this Report- https://www.factmr.com/connectus/sample?flag=B&rep_id=445
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
11140 Rockville Pike
Rockville, MD 20852
Read Industry News at - https://www.industrynewsanalysis.com/
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Model Based Testing Market likely to have a significant influence on the growth till 2027 // key player - HCL Technologies, Wipro, Microsoft, Teveron, IBM Corporation, PractiTest Ltd., Seapine Software Inc., Turbo computer systems here
News-ID: 1752074 • Views: 142
More Releases from Fact.MR
Mini LED Market to Expand 7.5X by 2030, Finds New Study by Fact.MR
In recent years, increasing popularity of OLED TVs in China and India has been significantly influencing growth of the mini LED market. With an increase in disposable income of a majority of the population in these countries, the inclination towards smart screens with higher lifespan and better performance is expected to open up numerous growth opportunities for the mini LED market. Moreover, aspiring and affluent households have increased their spending
Uncertainty Surrounding COVID-19 to Shave-off Growth in Electrical Steel Market …
The global electrical steel market has utilized the opportunities in the market over the last decade with sales of electrical steel pegged at US$ 20.4 Bn in 2019. However, sales are set to plummet during in the middle two quarters of 2020 owing to COVID-19. In addition, several automakers have shuttered their production units, causing incalculable loss to the electrical steel market in 2020. However, the demand of electrical steel
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of
More Releases for Model
Research Subscription Model- KBV Research
All about Subscription Model A subscription model is based on the idea of selling a product or service to obtain monthly or yearly subscription revenue. The model primarily focuses upon customer retention rather than customer acquisition. Essentially, subscription models pay attention to the way revenue is made, i.e., they look for ways in which a single customer pays multiple payments for prolonged access to a good or service. Market research subscription services
Animal Model Market trends, Animal Model Market growth, Animal Model Market size …
Key Findings of Animal Model Market Developing Regions to Overpower Developed Ones With Regard to Demand The Asian territory is on the verge of evolving as the next big destination for animal models. This growth can be attributed to various factors such as American and European pharmaceutical companies diversifying their research activities to curtail extra expenses and save costs. Although U.S and Europe have retained their legacy in the global market, their
Model Based Manufacturing Technologies Market
Among the key players profiled in our report, global partnerships is one of the key strategies adopted by market players, with approximately 50% of the leading players entering into collaborations in the last three years. This trend is projected to continue over the next five years. Most of the Model Based Manufacturing Technologies providers are entering into strategic partnerships to improve their product offerings. One such player is Autodesk, which
Humanized Mouse Model Market
A humanized mouse is referred to as a mouse transmitting functioning human organs, tissues, cells, and genes. Humanized mice are basically employed in medical and biological therapeutics as animal models. Immunodeficient mouse are often act as recipients of tissues or human cells, as they can easily receive heterologous cells because of lack of immunity in the host. Conventionally, the severe combined immunodeficiency (SCID) mouse and the nude mouse have been
City Model & Talent Model Elona Voytovych Rips NY Couture Runway
New York City, New York (October 25, 2011) – Fast rising company City Model & Talent, (http://www.citymodelandtalent.com), announced today that one of their rising stars, Elona Voytovych, ripped the runway of NY Couture Fashion Week show. The 18 year old model booked four shows as a result of her outstanding strut and runway appeal during the fashion with Elona’s photos being featured in Revenge Fashion Magazine. Past
BPM-X Model Migration Service
Kaiserslautern, Germany - 11 February 2010 - BPM-X (bpm-x.com), the global leader in model exchange technologies, is delighted to announce the introduction of its general BPM-X Model Migration Service for the exchange of model data among a variety of Business Process Management (BPM), Business Process Analysis (BPA), Enterprise Architecture (EA), Governance Risk & Compliance (GRC), and software design or modeling tools and systems. The BPM-X Model Migration Service has been