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
- Functional Testing
- Non-Functional Testing
- Services
Segmentation by Application:
- IT & Telecom
- BFSI
- Manufacturing
- Retail
- Healthcare
- Transportation & Logistics
- Government & Public sector
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- 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.
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