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Software Testing Market Emerging Trends and Top Key Vendors to Watch-Accenture, IBM, Wipro, Capgemini, Tata Consultancy Services in 2017-2025
The various automated testing tools include Selenium, HP LoadRunner, HP QTP/UFT, BlazeMeter, HP Quality Center (HP ALM), Apache JMeter, Testim.io, IBM Rational Functional Tester, TestComplete, IBM Performance Tester, Test Studio, Sikuli, Ranorex, Sahi Pro, Appium, Sauce labs, Robotium, Watir, Cucumber, SilkTest, and others
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Software Testing Market: Drivers and Restraints
The emergence of agile testing services and surge in demand for automated testing services are coupled together to spur the global software testing market. Enterprises are adopting agile testing services to enhance the quality of cloud services & infrastructure and also to develop better software solution with minimal error percentage.
Telecom and banking sector are expected to capture major market share in the end-user vertical segment. In the banking sector, demand for reliable software with zero possibility of error is increasing. Also increase in location based application and consumerization of data services in the telecom sector are the key drivers for the growth of global software testing market.
Global Software Testing Market: Market Segmentation
Global Software Testing Market can be divided into three segments, based on Product, End-user, and Region.
Segmentation on the basis of Product for Software Testing Market:
The major segments of Software Testing Market on the basis of the Product include:
Application testing services
Product testing services
Others
Segmentation on the basis of end-user for Software Testing Market:
The major segments of Software Testing Market on the basis of the end-user include:
BFSI
Media
Telecommunications
Government and institutes
others
Global Software Testing Market: Regional Trend
North America is expected to dominate the Software Testing Market owing to the adoption of the software in various verticals such as healthcare, manufacturing and others sectors. Further increasing inclination towards software automation is the key factor trending in software testing market.
Followed by North America, Europe is expected to capture second largest market share regarding revenue, due to increase in demand for cloud-based testing services, which is anticipated to propel the software testing market in the fourth coming years.
Asia Pacific software testing market is anticipated to grow at the fastest CAGR, owing to the presence of skilled and cheap labor. Also, Asia Pacific countries such as India and China are adopting digitalization, which is another driver for the growth of software testing market in the respective region.
Global Software Testing Market: Competitive Landscape
Some of the prominent players in the Software Testing market include Accenture, IBM Corporation, Wipro Limited, Capgemini, Tata Consultancy Services (TCS), CA Technologies, QASymphony, Infrasoft Technologies, Amdocs, Keytorc Software Testing Services.
Other players in Software Testing market include Atos SE, Cognizant, Cigniti Technologies Limited, Gallop Solutions, Tech Mahindra, Hexaware Technologies, UST Global and QualiTest Group.
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MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies
The main aim of the report is to:
Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution
MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.
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