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Service Virtualization Market Size & Growth Analysis Report, 2021-2027

03-08-2021 07:39 AM CET | IT, New Media & Software

Press release from: Orion Market Reports

The global service virtualization market size was valued at USD 4108 million in 2016. It is expected to grow at a CAGR of 17% over the forecast period. Service virtualization can be defined as a set of tools and services designed to abstract physical services through proxy or intermediary services. This helps businesses increase efficiency, increase development productivity, shorten time to market, streamline workflows, and improve collaboration between test and development teams.

A full report of Global Service Virtualization Market available at: https://www.orionmarketreports.com/service-virtualization-market/40569/

Key Players:

Some of the prominent players in service virtualization market: CA Technologies (U.S.), IBM Corporation (U.S.), Micro Focus International (UK), SmartBear Software (U.S.), Parasoft (U.S.), Tricentis (U.S.), Wipro Limited (India), Cognizant (U.S.), Cavisson Systems, Inc. (U.S.), Cigniti (India) and others.

By Component

• Software/Tools
• Services

By Deployment Type

• On-premises
• Cloud

By Vertical

• IT Services
• Telecommunication
• BFSI
• Retail and eCommerce
• Media and Entertainment
• Healthcare
• Automotive
• Others

By Geography

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America

Reasons to Buying From us –

• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.

Key Questions Answered by Service Virtualization Market Report

• What was the Service Virtualization Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Service Virtualization Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Service Virtualization Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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