Software Testing Market Will Witness A Substantial Growth Up To 2025 | Wipro Limited, Capgemini, CA Technologies, Accenture, IBM Corporation, Infrasoft Technologies, Amdocs

Global Software Testing Market Report offered by Global Market Insights, Inc. gives a industry overview which covers product scope, market revenue, opportunities, growth rate, sales volumes and figures. The report also explores the worldwide players of the market and is segmented by region, type and application with forecast to 2025.

The North America region is dominating the software testing market due to the adoption of the software application in numerous industry verticals such as manufacturing and healthcare. The widespread integration of IoT devices and the high degree of automation are the other key factors supplementing the growth of the market. In addition, the increasing adoption of cloud-based services has further spurred the size of the market in the region.

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The software testing market is anticipated to grow exponentially over the projected time period due to the increasing demand for ensuring predictability of the application performance. It also improves the time to market by implementing various structured testing processes to augment the existing product quality and development timeframes through numerous reusable test cases and automation techniques. Moreover, it allows software development firms to leverage the economies of scales and skilled low-cost workforce.

Based on application segment software testing market, are being increasingly used in the BFSI sector as it helps to safeguard the integrity of the banking application. The banking software applications perform various functions such as transferring & depositing of funds, balance inquiry, and withdrawal of funds. The testing of these software applications is of paramount importance as minuscule error can cause catastrophic losses to banking firms. In addition, the increasing number of regulatory guidelines mandating the upgrade of the banking software infrastructure is also promoting its use in the software testing market.

Various types of software testing solutions available in the market are application programming interface, installation testing, functional testing, non-functional testing, security testing, software performance testing, compatibility testing, compliance testing, and usability testing. The application of programming testing in numerous front-end software development processes is to connect & transfer data across disparate systems & applications. It helps validate the correctness of the information and helps minimize time triaging bugs among builds integrations.

The Asia Pacific software testing market is expected to grow due to the rapidly growing IT industry in countries including India, China, and Australia. The availability of highly skilled professionals at lower salaries is encouraging large enterprises from developed economies, including the U.S. and Germany to outsource their software infrastructure management services.

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Major players present in the software testing market are Tata Consultancy Services (TCS), Wipro Limited, Capgemini, CA Technologies, Accenture, IBM Corporation, Infrasoft Technologies, Amdocs, QASymphony, Atos SE, Cognizant, Keytorc Software Testing Services, Cigniti Technologies Limited, UST Global Tech Mahindra, Gallop Solutions, Hexaware Technologies, and QualiTest Group. The companies operating in the market are conducting strategic acquisitions to strengthen their presence in the market. For instance, in May 2018, QualiTest Group acquired the software testing division of NCC Group plc to enhance its UK operations and provide improved value offerings to its customers.

Software Testing Market, By Component, 2014-2025 (USD Million)
• Software
o Application programming interface (API) testing
o Installation testing
o Functional testing
o Non-functional testing
o Security testing
o Software performance testing
o Compatibility testing
o Compliance testing
o Usability testing
• Services
o Advisory and consulting
o Support and maintenance
o Training

Software Testing Market, By Application, 2014-2025 (USD Million)
• BFSI
• Retail
• Media & Entertainment
• IT & Telecom
• Others

Methodology used in Software Testing Market Report –

Our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the industry. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc. Primary objectives of data mining include:

• Definition and scope of research
• Market dynamics, growth drivers and industry pitfalls
• Regulatory and political guidelines for the industry
• Demographics and statistical data

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