Software testing services: Key market research findings
- Growing use of cloud-based testing software
- Shift towards automated testing systems
Technavio has released a new market research report on the global software testing services market, which is expected to grow at a CAGR of around 11% between 2016 and 2020. The Americas dominates the global market for software testing services, occupying around 46% of the total market share. Factors that can be attributed to this region’s growth are higher staffing costs, dynamic provisioning, and the need to manage complex sourcing environments for application development projects. Major demand for software testing services in the region is coming from banking, telecom, and production verticals.
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.
“The market vendors are offering various cloud-based testing software and solutions on subscription basis, following the pay-per-use model. Cloud-based solutions allow greater flexibility to testing tools and are accessible anywhere at any time. They eliminate delays, cut down capital investments and the expenses related to maintenance, security, and infrastructure. These solutons have gained huge popularity among SMEs,” says Rajkumar P., Industry Manager, ICT, Technavio Research.
The market is witnessing considerable shift towards automated testing systems, where testers focus on the quality of the product, starting from the initial phase of software development to the product delivery. Moreover, automated testing systems are accurately predesigned where test codes are not required to be inserted every time, thereby less maintenance.
The key vendors in the global software testing services market include Capgemini, IBM, Accenture, and Wipro. Several vendors in this market are entering into partnerships with niche players to improve their software tool packages and enhance ongoing innovations.
A more detailed analysis is available in the Technavio report, Global Software Testing Services Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
Other related reports:
- Global Outsourced Software Testing Services Market 2015-2019
- Global Pure-play Software Testing Services Market 2015-2019
- Global Software Testing Market in Telecom 2015-2019
- Global Outsourced Software Testing Services Market 2014-2018
- Global Software Testing Service Market 2014-2018
- Global Software Testing Services Market in the Telecom Sector 2014-2018
- Global Software Testing Services Market in the BFSI Sector 2014-2018
Further reading:
