London, 01 October 2014 – TechNavio, a global tech-focused research firm has announced the publication of its market research report on the Global Software Testing Services Market 2014-2018.
Software testing is a process of finding functional errors in the product before its launch in the market. It is also a process of investigation conducted to provide information to stakeholders regarding the quality of the program or the system being tested.
The Global Software Testing Services market is expected to grow at a CAGR of 11.15 percent from 2013-2018.
In order to avoid poor execution, slow test turnaround or excessive costs in the software’s lifecycle, companies are relying more on testing services. The new TechNavio report discusses crowd sourcing, which involves outsourcing a testing task to a group of people and leveraging their knowledge, awareness and access to advanced testing technology. The BFSI, hi-tech, telecom and manufacturing sectors are some of the key end users highlighted in this report.
“Crowd sourcing makes use of the combined intellect of a group of people to complete business-related tasks that a company would have either carried out in-house or outsourced to a third-party service provider. This disseminated problem-solving model works for testing certain software products like web pages or mobile applications, wherein a group of people are invited to test web pages or mobile applications to expose loopholes and recommend new ideas and concepts,” says Faisal Ghaus, Vice President of TechNavio.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2018
Market Growth Drivers:
- Reduced Time to Market and Improved Efficiency
- For a full detailed list, view our report.
Market Challenges:
- Concerns about Offshore Team Management
- For a full detailed list, view our report.
Market Trends:
- Increase in Crowd Sourcing
- For a full detailed list, view our report.
Key Vendors:
- Accenture plc
- Capgemini SA
- IBM Corp.
- Wipro Ltd.
Other Prominent Vendors:
- Computer Sciences
- Groupe Steria
- HCL Technologies
- HP
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
