TEaaS: Key market research findings
- Increasing popularity of the as-a-service model drives market growth
- Americas dominate the market geographically
- Key vendors – CSC, HCL, IBM, Infosys, and Wipro
Technavio’s market research analysts predict the global TEaaS market to grow at a CAGR of almost 24% between 2016 and 2020. The demand for test-environment-as-a-service (TEaaS) stems from the growth of the as-a-service model for testing services. As-a-service models such as SaaS, PaaS, IaaS, TaaS, and EaaS are IT solution offerings that are delivered based on the requirement of organizations. Testing-as-a-service (TaaS) is gaining traction in the market as it complies with the requirements of the evolving IT landscape. During 2015, the Americas dominated the global TEaaS market by accounting for around 43% of the overall market share. The highly mature cloud-based testing market and the growing demand from independent software vendors are factors that will fuel growth in the TEaaS market in the Americas during the forecast period.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“Currently, the market is witnessing the emergence of on-demand testing labs as companies are increasingly implementing on-demand testing services in the software testing process to manage end-to-end software testing lifecycle (STLC) with low-cost IT solutions. In this model, software testers pay for test labs based on the usage of test environment lab services. These labs are ideal for software testing teams to perform the software testing collaboratively in a multi-platform environment to develop high-quality software,” says Amit Sharma, Lead Analyst, ICT, Technavio Research.
The shift to test automation services plays a critical role in the growth of the TEaaS market. Automated software testing focuses on the quality of the product, from the initial phase of software development till the product is delivered. Using automated testing allows the testers to conduct analysis upon completing the entire testing process and eliminates the need for them to stay in proximity of the system at all times. Growing pressure on software vendors to provide both product and business value is expected to spur an increase in the demand for test automation services globally.
The key vendors in the market include CSC, HCL, IBM, Infosys, and Wipro. It is an extremely competitive and fragmented market. Vendors compete to provide TEaaS solutions that have added features and flexible pricing. With the growing demand for cloud computing services, the competition in this market is expected to intensify. Moreover, vendors are also making huge investments in developing cloud-based testing services to enhance their service offerings.
A more detailed analysis is available in the Technavio report, Global TEaaS Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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