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Global Software Testing Market Size, Statistics, and Industry Forecast Report, 2020-2027
Global Software Testing Market Size, Statistics, and Industry Forecast Report, 2020-2027
The GMI Research expects that the Software Testing Market will notice an augmentation in demand over the forecast period. This is because of the growing demand for mechanized testing services, rising adoption of supple testing services to improve the quality of cloud services and introduce superior software solutions.
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Introduction of the Software Testing Market
Software testing, the process of validating several applications and components of the system, helps to perceive fallacies for the development of better-quality software. The testing follows the protocols of the software testing life cycle (STLC) to certify the authenticity of software products.
Key Players of Market:
· Wipro Ltd.
· Infosys Ltd
· Computer Sciences Corporation (CSC)
· IBM Corporation
· Atos SEzl
· Accenture Plc
· Capgemini SE
· HCL Technologies Ltd
· Cognizant Technology Solutions Corp
· DXC Technology Co
· NTT DATA
· Tata Consultancy Services Ltd
· QualiTest
Software Testing Market Dynamics
The augmenting prominence of test automation services because of their ability to reduce the reversal time and improve the testing technology is a crucial factor supplementing the growth of the global software testing market. The system includes a mechanized method to automatically evaluate the code with the help of automation tools. In addition, the system also offers dependability by decreasing the testing cost without impacting the performance of code, which thereby impels the software testing market size.
Furthermore, the incorporation of sophisticated technologies, such as machine learning and artificial intelligence, helps to accumulate and examine the data to carry out the testing services, further bolsters the market growth. Besides this, the accelerating penetration of software, mobile, and web applications has persuaded leading players to invest in various technologies. Thus, the surging requirement of superiority, reliability, and modern software is projected to raise the market demand.
Type Segment Drivers
Based on type, application testing is contemplated to expand at a faster rate over the coming years. This is mainly because of the rising endorsement of cloud-based testing and smartphones. In addition, it enhances application excellence and saves deployment cost and time. The testing is escorted via scripts with the motive of identifying errors in software.
Regional Drivers
Based on regional coverage, North America is forecasted to capture the largest market share over the forecast period. The aggravating integration of AI and Ml in software testing are propelling the market growth.
Additionally, the launch of novel development models like continuous delivery, agile testing, and continuous integration will bolster the software testing market share.
Software Testing Market Segmentation:
Segmentation by Component
· Application Testing
o Functional Testing
o Non-Functional Testing
· Service
Segmentation by Application
· IT & Telecom
· BFSI
· Manufacturing
· Retail
· Healthcare
· Transportation & Logistics
· Government & Public sector
Segmentation by Region:
· Asia Pacific
o China
o Japan
o India
o Rest of APAC
· North America
o United States of America
o Canada
· Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
· RoW
o UAE
o Brazil
o South Africa
o Saudi Arabia
About GMI Research
The organization is a consulting and market research company offering enlightenment on business and research reports for small, medium, and large organisations. The research team assist in acknowledging the effect of dynamic, such as size, share, drivers, opportunities, etc. Our team of experts perform market intelligence studies to certify that all pertinent and research based on facts reaches across different sectors. The team collects all the required about the industry to comprehend our clients with the unfolding obstacles and opportunities. The organization got highlighted in the list of Silicon India Magazine, 2018 as one of the Most Promising Market Research Consultants. We always try to assist our clients to make a sound decision.
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