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Prominent Managed Testing Services Market Trend for 2025: Innovative Solutions and Initiatives Propel Managed Testing Services Market Forward
Managed Testing Services
The increasing shift toward digital transformation is expected to propel the managed testing services market. Digital transformation integrates technologies to improve efficiency, productivity, and competitiveness across industries. As digital adoption grows, there is an increased need for managed testing services to ensure smooth integration and optimization of new technologies. According to the Australian Bureau of Statistics, digital business activity in Australia grew from 7.7% in 2021 to 8.6% in 2022. Thus, digital transformation is fueling the growth of the managed testing services market.
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What Is the projected market size and growth rate for the managed testing services market?
The managed testing services market will increase from $349.63 billion in 2024 to $401.36 billion in 2025 at a CAGR of 14.8%, driven by digital transformation, regulatory compliance, and complex software system requirements.
The managed testing services market is projected to experience rapid growth, reaching $688.27 billion by 2029 at a CAGR of 14.4%. Growth factors include widespread adoption of emerging technologies, heightened cybersecurity concerns, business globalization, increased demand for continuous integration and delivery, evolving regulatory compliance, and the need for specialized testing expertise. Major trends involve AI, machine learning, IoT, blockchain adoption, cloud-based testing, security testing emphasis, DevOps integration, automated testing proliferation, outcome-based models, and hybrid testing approaches.
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What new trends are reshaping the managed testing services market and its opportunities?
Major companies in the managed testing services market are concentrating on advanced technologies such as 5G network software security testing to improve their competitive standing. This type of testing evaluates the strength of 5G networks, identifying vulnerabilities in software, hardware, and applications. For example, in May 2022, Nokia, a Finland-based telecommunications company, opened the ASTaR lab in Texas, a specialized 5G cybersecurity testing facility. This lab is designed to identify and mitigate security risks in 5G networks using cutting-edge tools and methodologies.
What major market segments define the scope and growth of the managed testing services market?
The managed testing services market covered in this report is segmented -
1) By Delivery Model: Onshore, Offshore, Nearshore, Onsite
2) By Enterprise Size: Small And Medium Enterprises, Large Enterprises
2) By Industry Vertical: Healthcare And Life Sciences, Banking, Financial Services, And Insurance (BFSI), Telecommunications And Information Technology (IT), Retail, Government And Public Sector, Media And Entertainment, Manufacturing, Energy And Utilities, Logistics And Transportation, Other Industry Verticals
Subsegments:
1) By Onshore: Local Service Providers, Onshore Full-Time Equivalents (FTEs)
2) By Offshore: Offshore Delivery Centers, Offshore Full-Time Equivalents (FTEs)
3) By Nearshore: Nearshore Delivery Centers, Nearshore Full-Time Equivalents (FTEs)
4) By Onsite: Onsite Testing Teams, Onsite Test Managers And Specialists
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Which region dominates the managed testing services market?
North America was the largest region in the managed testing services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the managed testing services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the managed testing services industry growth?
Major companies operating in the managed testing services market are accenture* plc, International Business Machines Corporation, Tata Consultancy Services Limited, NTT Data Corporation, Capgemini SE, Cognizant Technology Solutions Corporation, Infosys Limited, DXC Technology Company, HCL Technologies Limited, Atos SE, Wipro Limited, CGI Inc., Virtusa Corporation, Tech Mahindra Limited, EPAM Systems Inc., UST Global Inc., Expleo Group, Larsen & Toubro Infotech Limited, Qualitest Group Limited, Hexaware Technologies Limited, Zensar Technologies Limited, TestingXperts Private Limited, Tricentis AG, QASource Inc., ThinkSys Inc., QA Consultants Inc., Testbirds GmbH, Testlio Inc.
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What Is Covered In The Managed Testing Services Global Market Report?
•Market Size Forecast: Examine the managed testing services market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the managed testing services market for a structured understanding.
•Key Players Overview: Analyze major players in the managed testing services market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the managed testing services market.
•Segment Contributions: Evaluate how different segments drive overall growth in the managed testing services market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the managed testing services market.
•Industry Challenges: Identify potential risks and obstacles affecting the managed testing services market.
•Competitive Landscape: Review strategic developments in the managed testing services market, including expansions, agreements, and new product launches.
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