Press release
Testing as a Service Market To Witness Huge Growth By 2028 | Utthunga, IBM, Oracle
Market Overview:The Global Testing as a Service Market Is Expected To Grow At A Significant Growth Rate Over The Forecast Period 2022-2028, Considering Base Year As 2021.
The outsourcing of tasks and processes related to software testing is known as testing-as-a-service. The Testing-as-a-Service capabilities are available through a Web interface, just like their cloud-based, as-a-service predecessors, and feature a number of self-service capabilities such Test cases, Security controls, and Infrastructure management activities. Testing-as-a-Service can come in many different forms and shapes. End-to-end assistance and technological capabilities for planning and executing software testing may be included in a whole testing cycle. In this manner, you hire a third-party vendor primarily for two purposes: to oversee the testing procedure and to carry out the necessary testing functions. In other situations, a technological platform may be used to supply certain testing capabilities as a service through the use of testing-as-a-service.
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Market Dynamics:
Driver:
The Testing-as-a-Service platform is best suited for specialized testing tasks that don't necessitate a great deal of in-depth product system or design knowledge. Performance testing, testing of significant enterprise resource planning (ERP) software, automated regression testing, security testing, and monitoring or testing of cloud-based apps are services that are well suited for the Testing-as-a-Service paradigm. The market is being driven by an increase in the demand from businesses to cut operational costs and time. The market is also being driven by an increase in the complexity, cost, and security concerns associated with technology as well as an increased emphasis on creating cutting-edge products.
Opportunities:
Growth In The Number Of Solutions Introduced In SaaS And Cloud Based Applications
It is anticipated that the market will experience numerous opportunities due to the outsourcing of testing services to low-cost locations and the rise in the adoption of outsourced testing services to avoid slow test turnaround, poor execution, and excessive software life cycle costs.
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Market Segmentation of Testing as a Service Market
By Deployment
• Hybrid Cloud
• Private Cloud
• Public Cloud
By Test Type
• Functionality
• Performance
• Compatibility
• Security
• Compliance
• Others
By End-Use Industry
• Healthcare
• BFSI
• Automotive
• Manufacturing
• Government
• Others
Geographic Segment Covered in the Report
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
• Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of South America)
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Top Key Players Covered In Testing as a Service Market
• Utthunga
• Cognizant
• Infosys
• Capgemini
• IBM
• Oracle
• HCL Technologies
• Wipro
• QualiTest
• Tata Consultancy Services (TCS)
• Aspire Systems
• Cigniti
• SGS
• Hexaware Technologies
• Calpinetech
• NTT Data, and Other Major Players
Key Industry Development In The Testing as a Service Market
In April 2022, Qualitest has announced the acquisition of ZenQ Pvt. Ltd., an India-based software testing company. This acquisition not only expands Qualitest's strong geographical footprint in India with ZenQ's facilities in Hyderabad, but it also adds to their NextGen capabilities in Phygital, Analytics, Blockchain, and DevOps.
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Table of Content
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Deployment
3.2 By Test Type
3.3 By End Use Industry
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Testing as a Service Market by Deployment
5.1 Testing as a Service Market Overview Snapshot and Growth Engine
5.2 Testing as a Service Market Overview
5.3 Hybrid Cloud
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Hybrid Cloud: Geographic Segmentation
5.4 Public Cloud
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Public Cloud: Geographic Segmentation
5.5 Private Cloud
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Private Cloud: Geographic Segmentation
Continue……
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