#software testing market

The GMI Research expects the software testing market to expand at a higher rate. From a regional perspective, North America is expected to dominate the market due to the rising incorporation of ML and AL in software testing. The launch of new development models, including continuous delivery (CD), continuous integration (CI), and Agile testing, will drive market growth.

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Software Testing Market Dynamics (including market size, share, trends, forecast, growth, and industry analysis)

Key Drivers

The increasing popularity of test automation services is a key driver propelling the growth of the software testing market. Test automation services are gaining popularity among businesses as they decrease the test turnaround time and improve testing technology performance. These systems contain an automated testing methodology, which is used for testing codes by automation tools. Test automation systems also offer reliability and decrease the cost of testing without losing code performance will further boost the demand for software testing. As per the software testing market overview, the incorporation of AI and machine learning in software testing services as it aids the organization to assemble and analyze data to perform testing services will further stimulate the growth of the software testing market size over the coming years. With the rising penetration of mobile applications, software, and web applications, the leading organizations are heavily investing in advanced technology, including ML and AI, to provide high-quality software and services. Additionally, the increasing need for accuracy, quality, and advanced software with various functionalities is one of the emerging software testing market trends that is stimulating the growth of the market.

Type Segment Drivers

Based on type, application testing is expected to rise at a faster CAGR over the coming years due to the strong adoption of smartphone and cloud-based testing services. It deals with tests for the whole application and aids in enhancing the quality of applications while decreasing costs and saving development time.

Software Testing Market’s leading Manufacturers:

·        IBM Corporation

·        Accenture Plc

·        Atos SE

·        Capgemini SE

·        Cognizant Technology Solutions Corp

·        DXC Technology Co

·        HCL Technologies Ltd

·        Infosys Ltd

·        Computer Sciences Corporation (CSC)

·        NTT DATA

·        Tata Consultancy Services Ltd

·        Wipro Ltd.

·        QualiTest

Software Testing Market Segmentation:

Segmentation by Component:

·        Application Testing

o    Functional Testing

o    Non-Functional Testing

·        Services

Segmentation by Application:

·        IT & Telecom

·        BFSI

·        Manufacturing

·        Retail

·        Healthcare

·        Transportation & Logistics

·        Government & Public sector

Segmentation by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that provides syndicated research reports, consulting services, and customized market research reports. Our reports are based on market intelligence studies to ensure relevant and fact-based research across numerous sectors, including healthcare, automotive, information technology & communication, FMCG, and other industries. GMI Research’s deep understanding related to the business environment helps us in generating objective strategic insights. Our research teams consisting of seasoned analysts and researchers have hands-on experience in various regions, including Asia-pacific, Europe, North America, and the Rest of the World. The market research report offers in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.

Software Testing Market: Introduction

Software testing is the process of running various application or programs, to identify bugs in the software and assist software in becoming error free solution to cater user requirements. Software testing is a detailed methodology to verify and validate the software code or program and help in developing efficient software, to meet technical and business requirements.

The various automated testing tools include Selenium, HP LoadRunner, HP QTP/UFT, BlazeMeter, HP Quality Center (HP ALM), Apache JMeter, Testim.io, IBM Rational Functional Tester, TestComplete, IBM Performance Tester, Test Studio, Sikuli, Ranorex, Sahi Pro, Appium, Sauce labs, Robotium, Watir, Cucumber, SilkTest,  and others

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Software Testing Market: Drivers and Restraints

The emergence of agile testing services and surge in demand for automated testing services are coupled together to spur the global software testing market. Enterprises are adopting agile testing services to enhance the quality of cloud services & infrastructure and also to develop better software solution with minimal error percentage.

Telecom and banking sector are expected to capture major market share in the end-user vertical segment. In the banking sector, demand for reliable software with zero possibility of error is increasing. Also increase in location based application and consumerization of data services in the telecom sector are the key drivers for the growth of global software testing market.

Global Software Testing Market: Market Segmentation                                  

Global Software Testing Market can be divided into three segments, based on Product, End-user, and Region.

Segmentation on the basis of Product for Software Testing Market:

The major segments of Software Testing Market on the basis of the Product include:

Application testing services

Product testing services

Others

Segmentation on the basis of end-user for Software Testing Market:

The major segments of Software Testing Market on the basis of the end-user include:

BFSI

Media

Telecommunications

Government and institutes

others

Global Software Testing Market: Regional Trend

North America is expected to dominate the Software Testing Market owing to the adoption of the software in various verticals such as healthcare, manufacturing and others sectors. Further increasing inclination towards software automation is the key factor trending in software testing market.

Followed by North America, Europe is expected to capture second largest market share regarding revenue, due to increase in demand for cloud-based testing services, which is anticipated to propel the software testing market in the fourth coming years.

Asia Pacific software testing market is anticipated to grow at the fastest CAGR, owing to the presence of skilled and cheap labor. Also, Asia Pacific countries such as India and China are adopting digitalization, which is another driver for the growth of software testing market in the respective region.

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Global Software Testing Market: Competitive Landscape

Some of the prominent players in the Software Testing market include Accenture, IBM Corporation, Wipro Limited, Capgemini, Tata Consultancy Services (TCS), CA Technologies, QASymphony, Infrasoft Technologies, Amdocs, Keytorc Software Testing Services.

Other players in Software Testing market include Atos SE, Cognizant, Cigniti Technologies Limited, Gallop Solutions, Tech Mahindra, Hexaware Technologies, UST Global and QualiTest Group.

The report covers exhaustive analysis on:

Global Software Testing Market Segments

Global Software Testing Market Dynamics

Historical Actual Market Size, 2012 - 2016

Global Software Testing Market Size & Forecast 2017 to 2027

Supply & Demand Value Chain for Software Testing Market

Global Software Testing Market Current Trends/Issues/Challenges

Competition & Companies involved in Software Testing Market

Software Testing Market Solutions Technology

Value Chain of Software Testing Market

Global Software Testing Market Drivers and Restraints

Regional analysis for Global Software Testing Market includes

North America Software Testing Market

Latin America Software Testing Market

Western Europe Software Testing Market

Eastern Europe Software Testing Market

Asia Pacific Software Testing Market

Japan Software Testing Market

Middle East and Africa Software Testing Market

US

Canada

Argentina

Mexico

Brazil

Rest of Latin America

Germany

France

U.K.

Spain

Italy

Nordic

Benelux

Rest of Western Europe

Poland

Russia

Australia and New Zealand (A&NZ)

China

India

ASEAN

Rest of Asia Pacific

GCC Countries

North Africa

South Africa

Rest of MEA

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

Detailed overview of parent market

Changing market dynamics of the industry

In-depth market segmentation

Historical, current and projected market size in terms of volume and value

Recent industry trends and developments

Competitive landscape

Strategies of key players and product offerings

Potential and niche segments/regions exhibiting promising growth

A neutral perspective towards market performance