The Outsourced Software Testing Services Market in India is expected to grow at a CAGR of 9.18 percent from 2013-2018.
London, 21 July 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Outsourced Software Testing Services Market in India 2014-2018. The report points to specific trends like vertical-specific testing services as reasons for moderate market growth.
The growth of the Outsourced Software Testing Services Market in India is influenced by exports as well as domestic requirements. There is a distinct need from small and medium-size enterprises (SME’s), which is only expected to increase over the projected period. The market will record healthy advancement due to enhanced demand for mobile and cloud applications testing. Automation testing is yet another factor estimated to add to the market growth.
“The market is poised to experience healthy growth as a result of increased demand for mobile and cloud applications testing. Automation testing, which gives higher profit margins compared to manual testing, is expected to contribute to the growth of the market,” says Faisal Ghaus, Vice President of TechNavio Research.
Verticalization
Until recently, testing services were being provided across all verticals in a similar manner. However, the current tendency has been to affiliate testing services with relevant verticals, with a view to creating experts with specific domain knowledge. This trend will boost both the market itself, as well as the quality of service provided from various organizations in the region.
To determine 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.
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