London, 24 September 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Software Testing Market in Telecom Sector 2014-2018, which is expected to grow at a CAGR of 7.48 percent during the forecast period of 2013-2018.
The Global Software Testing Services market in the Telecom sector is witnessing a trend of service providers offering cloud-based testing solutions. By moving IT infrastructure to the cloud, telecom companies reduce the capital investment as well as the cost of maintenance, security, and infrastructure. When the testing takes place over the cloud, then the testers can work independently to reduce the testing time by accessing the tested software on the cloud even in the product development stage.
“Telecom operators have been challenged to maintain minimum service levels and this has forced them to invest more in R&D and the development of communication services,” says Faisal Ghaus, Vice President of TechNavio.
“The increased pressure to the network operators has called for investments in software testing services to innovate high profit margins and low price services to sustain in the highly competitive market.”
Key Market Drivers
- Commoditization of Telecom Services
- Cost Consolidation and Diversification
- Increased Acceptance of Location-based Applications
- Increased Bandwidth Usage in Mobile Data Services
Key Market Trends
- Adoption of Cloud-based Testing
- Adoption of Mobility
- Increased Shift to Business Outcome-based Metrics
Key Market Vendors
- Accenture plc
- Amdocs Ltd.
- Hewlett-Packard Co. (HP)
- International Business Machines Corp. (IBM)
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
