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Continuous Testing Market Checkout the Unexpected Future 2026 | Key Players EPAM Systems, Mindtree, Atos, HCL Technologies, Hexaware, Tech Mahindra, Cigniti, Tricentis

03-16-2020 11:27 AM CET | IT, New Media & Software

Press release from: Reports and Data

Continuous Testing Market To Reach USD 3.55 Billion By 2026

Continuous Testing Market To Reach USD 3.55 Billion By 2026

The global Continuous Testing Market is forecast to reach USD 3.55 Billion by 2026, according to a new report by Reports and Data. The rising trend towards digitalization and adoption of DevOps will drive the growth of the market. Moreover, the emergence of automation in testing will also have a positive impact on the growth of the market. Continuous testing progressively becomes more difficult and prolonged with progression towards the production environment as several complicated tests are needed to be added while the code matures and environment complexity advances slowly. These test cases are updated each time at different phases. As automated scripts are updated, the system becomes more developed and progresses to a higher level of environment where configurations and infrastructure also get advanced.

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Companies considered and profiled in this market study

EPAM Systems, Mindtree, Atos, HCL Technologies, Hexaware, Tech Mahindra, Cigniti, Tricentis, NIIT Technologies, Larsen and Toubro Infotech, IBM, CA Technologies, Spirent Communications, Capgemini, Syntel, Micro Focus, Parasoft, Cognizant, LogiGear, Softcrylic, Testplant, QualiTest, QA Mentor, Vector Software, and SmartBear Software, among others.

Continuous testing is a crucial component of agile practice that ensures the software is built and tested regularly and release bug-fixes rapidly, which allows early detection of defects. Since continuous integration identifies errors early in the development, errors are usually less complicated and easy to resolve. Employing constant integration tools and automation testing tools is highly beneficial in a DevOps cycle.

For the purpose of this report, Reports and Data have segmented into the global continuous testing market on the basis of platform, deployment type, organization size, component, industry vertical, and region:

Platform Outlook (Revenue, USD Billion; 2016-2026)
Web
Desktop
Mobile

Organization Size Outlook (Revenue, USD Billion; 2016-2026)
Small and Medium-Sized Enterprises
Large Enterprises

Deployment type Outlook (Revenue, USD Billion; 2016-2026)
Cloud
On-premises

Component Outlook (Revenue, USD Billion; 2016-2026)
Solution
Software
Hardware
Services
Professional Services
Managed Services

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Industry Vertical Outlook (Revenue, USD Billion; 2016-2026)
Banking, Financial Services, and Insurance
Retail and Consumer Goods
Transportation and Logistics
Healthcare
Manufacturing
Telecom and IT
Energy and Utilities
Government
Media and Entertainment
Others

Regional Outlook (Revenue, USD Billion; 2016-2026)
North America
Europe
Asia Pacific
MEA
Latin America

Further key findings from the report suggest

1. Among the platforms, web interface segment accounted for the largest market share of ~39% in the year 2018. The customizable web-based interfaces allow firms to reduce requirements for maintaining costly equipment and highly complex networks. These systems give smaller organizations the freedom to efficiently manage their business communications practices.

2. Open-source software testing tools, such as Selenium, supports all the leading browsers like Firefox, Chrome, IE, and Safari. Selenium WebDriver is used to automate web application testing.

3. The large-sized organizations account for a larger market share of ~64% in the year 2018, owing to the increasing investments on backup and recovery software.

4. The on-premises deployment type accounts for a larger market share of ~59% in the year 2018. On-premises deployment of these software and services ensures the security of the confidential data of the firms. Moreover, information deployed on-premises provide better accessibility and security to the organizations.

5. The solution component accounts for a larger market share of ~55% in the year 2018. The solution segment is further segregated into software and hardware solution. The increasing demand for continuous testing software will be the major factor contributing to the growth of the solutions segment.

6. The banking, financial services, and insurance industry accounted for the largest market share of ~19% in the year 2018, attributed to the rapid adoption of digitalization in the sector, for payments, retailing, data storage, and other end-uses.

7. North America held the largest market share of ~31% in the year 2018, owing to the presence of some of the leading players of the market in the region. Moreover, the region is one of the technologically advanced regions. With the rising trend of big data analytics using artificial intelligence and machine learning, a massive amount of data is generated. This data is needed to be stored, backed up, as well as recovered whenever needed.

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Key selling points of this research study

1. The study gives an in-depth evaluation of the evolving competitive scenario that gives the reader/client a competitive edge.

2. It offers a holistic view of all critical aspects boosting or limiting the growth of the sector

3. The market intelligence report derives an eight-year forecast, including historical, contemporary, and potential market prospects, projecting the estimated progress of the market.

4. It aids informed decision-making by offering an exhaustive database of the pivotal market segments and sub-segments.

Contact Us:

John Watson
Head of Business Development
Reports and Data
40 Wall St. 28th floor New York City, NY 10005 United States
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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