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Global Software Testing Services Market 2018-2022 | 15% CAGR Projection Through 2022 | Technavio

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The global software testing services market is expected to post a CAGR of more than 15% during the period 2018-2022, according to the latest market research report by Technavio. Request a free sample report

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Technavio has announced its latest market research report titled global software testing services market 2018-2022. (Graphic: Business Wire)

Technavio has announced its latest market research report titled global software testing services market 2018-2022. (Graphic: Business Wire)

Crowdsourced testing helps developers gain insights about product quality, detect defects and bugs, and gain feedback product improvement. It also allows developers to test applications in real-world conditions without the need for full-time QA. Many vendors across the world are also entering strategic alliances to strengthen their capabilities in crowdsourced testing. For instance, in 2016, Accenture partnered with Applause to encourage businesses to adopt crowdsourced funding as part of their liquid workforce strategy. The rising popularity of crowdsourced testing is expected to drive the growth of the global software testing services market during the forecast period.

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As per Technavio, the advent of DevOps will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2018-2022.

Global Software Testing Services Market: Advent of DevOps

Many companies are increasingly adopting DevOps tools as they provide a unique approach to manage the software development process. For instance, in regulated industries such as BFSI, DevOps brings transformational changes and delivers effective and profitable results. It helps enterprises overcome various challenges such as multi-channel delivery, automation, and security updates. DevOps also helps software developers adopt best practices and bring innovation in the coding process by connecting with operational functions. The advent of DevOps is expected to positively impact the growth of the global software testing services market over the forecast period.

“The use of analytics for software testing and the growing use of agile testing will further boost market growth during the forecast period,” says a senior analyst at Technavio.

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Global Software Testing Services Market: Segmentation Analysis

This market report segments the global software testing services market by type (application testing and product testing), end-users (BFSI, telecommunications, IT, retail, and others), and geography (Americas, APAC, and EMEA).

The Americas region led the market in 2017, followed by EMEA and APAC respectively. During the forecast period, the Americas region is expected to maintain its dominance over the market.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Customer Landscape

Geographical Segmentation

  • Geographic comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Landscape disruption
  • Competitive scenario

Vendor Analysis

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.