Press release
Software Testing Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
Software Testing Market Share
The surge in the use of cloud computing continues to be a significant factor propelling the software testing market's advancement. Cloud computing's cost efficiency, scalability, accessibility, potential for innovation, trustworthiness, security, and environmental sustainability are all contributors to its growing acceptance. Ensuring the delivery of quality, dependability, and a seamless user experience in varying and distributed cloud settings is possible with software testing in cloud computing. In January 2023, a study by the DevOps Research and Assessment (DORA) team on the Google Cloud Platform, a US-based cloud computing service, suggested an increase in the use of multiple public clouds from 21% in 2021 to 26% in 2022. Usage of hybrid cloud also saw a significant increase from 25% to 42.5%. Additionally, the report highlighted a rise from 56% in 2021 to 76% in 2022 in users utilizing a public cloud that integrates multiple clouds. Consequently, the relentless rise in the use of cloud computing significantly promotes the growth of the software testing market.
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What growth opportunities are expected to drive the software testing market's CAGR through 2034?
The size of the software testing market has been expanding robustly over recent years. Growth from $52.45 billion in 2024 to $57.46 billion in 2025 is projected, with a compound annual growth rate (CAGR) of 9.5%. Factors contributing to growth during the historic period include swift software development cycles, a focus on product advancements, a boom in online transactions and purchases, the implementation of continuous integration, and the need for automated testing tools to improve testing procedures.
The expected surge in the software testing market size over the next few years will see it attain a value of $81.65 billion by 2029. The key drivers of this growth, registering a Compound Annual Growth Rate (CAGR) of 9.2%, can be credited to the escalating use of mobile applications, resulting in ongoing updates to ensure a superior user experience. Additionally, increased spending by companies in software development to guarantee product safety and data security, and their focus on increasing their presence in the mobile testing field are contributing factors. The rise in online transactions has necessitated the heavy reliance on software testing in the BFSI sector, and the uptake of trustworthy testing solutions. Looking ahead, the forecast period will see further trends such as the broadened adoption of cloud computing, leading to less infrastructure cost and improved testing efficiency. Advancements in technology, the emergence of artificial intelligence, and the quick delivery of top-quality software products will also be significant trends.
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What are the emerging trends shaping the future of the software testing market?
Key players in the software testing market such as Cyient are focusing on launching technologically sophisticated solutions like AI-driven software testing tools to enhance their competitive position in the industry. These AI-driven tests have the potential to automatically produce test cases by analyzing requirements, coding, and historical data. For example, in June 2022, Cyient a technology solutions firm based in India introduced CyFAST. This is an innovative framework utilizing AI to automate system and software testing, with a focus on speeding up comprehensive test automation. CyFAST aids in automated testing across a myriad of platforms including web, mobile, desktop, and embedded applications as well as hardware devices, thus providing a comprehensive solution for managing test projects. This next-level platform enables the efficient and superior testing of complex systems and software, using cognitive intelligence to augment test orchestration, risk-centered testing, and regulatory compliance documentation.
Which growth-oriented segments of the software testing market are leading the industry's development?
The software testing market covered in this report is segmented -
1) By Type: System Integrator, Pureplay Software Testing
2) By Component: Application Testing, Services
3) By Application: IT and Telecom, BFSI, Manufacturing, Retail, Healthcare, Transportation And Logistics, Government And Public Sector, Consumer Electronics, Media
Subsegments:
1) By System Integrator: IT Consulting And Integration Services, Managed Testing Services, Integration Testing Solutions
2) By Pureplay Software Testing: Functional Testing, Non-Functional Testing, Performance Testing, Automation Testing, Security Testing, User Acceptance Testing (UAT)
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North America was the largest region in the software testing market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the software testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the software testing market?
Major companies operating in the software testing market are accenture* PLC, International Business Machines Corporation (IBM), Fujitsu Limited, Tata Consultancy Services Limited (TCS), Capgemini SE, Cognizant Technology Solutions Corporation, Infosys Limited, HCL Technologies Limited, Atos SE, Wipro Limited, CGI Inc., Tech Mahindra Limited, Sopra Steria Group, Micro Focus International plc, UST Global Inc., Neusoft Corporation, Hexaware Technologies Limited, Cyient Limited, QualiTest Group, Tricentis AG, L&T Technology Services Limited, Cigniti Technologies Limited, Astegic Inc., Serengeti
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What Is Covered In The Software Testing Global Market Report?
•Market Size Forecast: Examine the software testing market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the software testing market for a structured understanding.
•Key Players Overview: Analyze major players in the software testing market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the software testing market.
•Segment Contributions: Evaluate how different segments drive overall growth in the software testing market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the software testing market.
•Industry Challenges: Identify potential risks and obstacles affecting the software testing market.
•Competitive Landscape: Review strategic developments in the software testing market, including expansions, agreements, and new product launches.
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