Press release
Cloud Computing Adoption Fuels Expansion Of Software Testing Market: A Key Catalyst Accelerating Global Software Testing Market Growth in 2025
Software Testing
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Software Testing Market Size Growth Forecast: What to Expect by 2025?_x000D_
In recent years, the software testing market has experienced significant growth. The market, which will be worth $52.45 billion in 2024, is forecasted to increase its value to $57.2 billion in 2025, reflecting a compound annual growth rate (CAGR) of 9.1%. The historical period growth is linked to factors such as rapid software development lifecycles, a focus on product enhancements, a rise in online transactions and shopping, the use of continuous integration, and the demand for automated testing equipment to refine testing procedures._x000D_
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How Will the Software Testing Market Size Evolve and Grow by 2029?_x000D_
In the coming years, robust growth is predicted in the software testing market, with a speculated escalation to $79.3 billion by 2029 reflecting an 8.5% compound annual growth rate (CAGR). This projected growth primarily stems from factors like the prevalent use of mobile apps necessitating regular updates for refined user interface, businesses increasingly focusing on expanding their dominion in the mobile testing arena, increased organizational expenditure on software development to ensure product safety and data protection, proliferation of software testing in the BFSI sector catalyzed by escalating online transactions, and the uptake of dependable testing solutions. Key forecast period trends embody a substantial increase in cloud computing adoption leading to reduced infrastructure costs, improved testing efficacy, advancements in technology, the incorporation of artificial intelligence, and a faster rollout of top-grade software products._x000D_
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What Drivers Are Propelling the Growth of Software Testing Market Forward?_x000D_
The sustained integration of cloud computing is projected to fuel the advancement of the software testing market. The uptake of cloud computing continues to escalate owing to its cost efficiency, scalability, accessibility, potential for innovation, dependability, security, and ecological sustainability. In terms of quality assurance, performance reliability, and an uninterrupted user experience in fluid and dispersed cloud settings, software testing in cloud computing plays a crucial role. As per the State of DevOps Study by Google Cloud Platform's DevOps Research and Assessment (DORA) team, in January 2023, a cloud computing service based in the US, the percentage of the population that reported using multiple public clouds rose from 21% in 2021 to 26% in 2022. There was also a surge in hybrid cloud use, increasing from 25% to 42.5%. From 56% in 2021, the figure rose to 76% of users in 2022 reported utilizing the public cloud, which included several clouds. Consequently, the persistent integration of cloud computing is propelling the expansion of the software testing market._x000D_
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Which Emerging Trends Are Transforming the Software Testing Market in 2025?_x000D_
Companies that have a significant role in the software testing market are adopting advanced technologies like AI to command a larger market share. AI-driven testing solutions can autonomously produce test cases through the assessment of needs, code, and past data. For example, Cyient, a worldwide technology solutions corporation based in India, introduced CyFAST in June 2022. CyFAST is an AI-led structure for computerized system and software examination aimed at speeding up end-to-end test automation. It supports automatic testing on various fronts such as web, mobile, desktop, implanted applications, and hardware systems and provides an all-inclusive solution for managing test projects. This state-of-the-art set-up ensures efficient and premium-quality testing of complex systems and software through the use of cognitive intelligence, which improves test orchestration, risk-based testing, and regulation conformity documentation._x000D_
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What Are the Key Segments in the Software Testing Market?_x000D_
The software testingmarket covered in this report is segmented - _x000D_
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1) By Type: System Integrator, Pureplay Software Testing_x000D_
2) By Component: Application Testing, Services_x000D_
3) By Application: IT and Telecom, BFSI, Manufacturing, Retail, Healthcare, Transportation And Logistics, Government And Public Sector, Consumer Electronics, Media _x000D_
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Subsegments:_x000D_
1) By System Integrator: IT Consulting And Integration Services, Managed Testing Services, Integration Testing Solutions_x000D_
2) By Pureplay Software Testing: Functional Testing, Non-Functional Testing, Performance Testing, Automation Testing, Security Testing, User Acceptance Testing (UAT)_x000D_
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Who Are the Key Players Shaping the Software Testing Market's Competitive Landscape?_x000D_
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_x000D_
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What Geographic Markets Are Powering Growth in the Software Testing Market?_x000D_
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._x000D_
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