Global Application Testing Services Market: Industry Analysis and Forecast (2020-2027)


Posted December 21, 2020 by akashy

Global Application Testing Services Market was valued US$ 42.7Bn in 2019 and is expected to reach US$ XX Bnby 2027, at a CAGR of13. 5% during the forecast period.

 
Global Application Testing Services Market was valued US$ 42.7Bn in 2019 and is expected to reach US$ XX Bnby 2027, at a CAGR of13. 5% during the forecast period.

Global Application Testing Services Market
The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.

Definition:

Application Testing is defined as a software testing type, conducted through scripts with the motive of finding errors in software. It deals with tests for the entire application. It helps to enhance the quality of your applications.

Global Application Testing Services Market Drivers& Restraints:
In the Application Testing Services Market,big data, cloud, mobility are some factors thatdrive the market growth.The big data help in the verification of the hugesizes of data as well as in testing. The cloud supporting in picking the right testing tools, techniques for testing in a hybrid environment. The application testing services can raise efficiency through test automation service, optimizing IT spends, faster time-to-market, and others. The improved software testing solutionshelp by improving the quality and reliability and supportsorganizations to achieve their target on time.
Some factors that affect the growth of the application testing services market are security concerns associated with the successful running of applications. Over the past few years, there has been a steady rise in the number of cyber-attacks through web applications. Hence, security has become a major concern for the successful running of applications.

Software Testing Services Market: Integration of AI (Artificial Intelligence) and Machine Learning
The increasinguse of mobile applications, web applications, and software has encouraged vendors to invest in integrating technologies such as AI and ML to provide high-quality software and applications. The integration of AI and ML allows organizations to collect and analyze data to perform testing services such as regression testing and performance testing. They are also being used in designing, scripting, and implementation processes to carry out tasks more efficiently and reduce the time taken for testing. As a result, many organizations are adopting software testing services backed with AI and ML to improve accuracy and to guess failure points.

Regional Analysis:
The North American region led the market in 2018, followed by Europe, APAC, South America, and MEA respectively. The growth of the software testing services market share in North America can be attributed to several factors such as increasing demand for software development and applications, and the increasing adoption of software and applications in the retail, BFSI, and telecom and media industries.

The objective of the report is to present a comprehensive analysis of the Global Application Testing ServicesMarketincluding all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global Application Testing Services Marketdynamics, structure by analyzing the market segments and project the Global Application Testing Services Marketsize. Clear representation of competitive analysis of key players by type, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Application Testing Services Marketmake the report investor’s guide.
Scope of the Global Application Testing Services Market

Global Application Testing Services Market, By Testing Type

• Functionality Testing
• Usability Testing
• Performance Testing
• Compatibility Testing
• Security Testing
• Compliance Testing
• Automation Testing
• Others (Localization Testing, Mobile Application Testing, and Crowdsourced Testing)
Global Application Testing Services Market, By Service Type

• Professional Services
• Managed Services
Global Application Testing Services Market, By End User

• Telecom & IT
• BFSI
• Healthcare & Life Sciences
• Government & Public Sector
• Media & Entertainment
• Manufacturing
• Retail
• Energy & Utilities
• Logistics & Transportation
• Others (Education, Aerospace & Defense, and Automotive)
Global Application Testing Services Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Application Testing Services Market

• Wipro Limited (India)
• Cognizant (U.S.)
• Xoriant Corporation (U.S.)
• HCL Technologies Limited (India)
• Tata Consultancy Services Limited (India)
• Accenture PLC (Ireland)
• Capgemini SE (France),
• International Business Machines Corporation (U.S.)
• Infosys Limited (India)
• RapidValue Solutions (U.S.)

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Last Updated December 21, 2020