Software Testing Services Market Dynamics: AI, Crowdsourcing, and Agile Testing

DUBLIN, Aug. 17, 2023 /PRNewswire/ — The “Global Software Testing Services Market 2023-2027” report has been added to  ResearchAndMarkets.com’s offering.
The software testing market is anticipated to experience substantial growth, projecting a $15.94 billion increase during the forecast period of 2022-2027. This growth will be driven by a robust Compound Annual Growth Rate (CAGR) of 9.22%.
The comprehensive report on the software testing market offers a holistic analysis, covering market size, trends, growth drivers, challenges, and a vendor analysis of approximately 25 key players.
The report provides an up-to-date analysis of the current market scenario, highlighting the latest trends, drivers, and overall market environment. The adoption of mobile testing, the availability of cloud-based software testing services, and the increasing demand for test automation services are identified as major factors propelling the market forward.
Market Segmentation
The software testing market is segmented as follows:
By Service
Functional TestingDigital TestingSpecialized OfferingsBy End-user
BFSI (Banking, Financial Services, and Insurance)Telecom and MediaManufacturingRetailOther IndustriesBy Geographical Landscape
North AmericaEuropeAPAC (Asia-Pacific)South AmericaMiddle East and AfricaDriving Factors and Future Trends
The study identifies the growing momentum of crowdsourced testing as a prime factor driving market growth in the coming years. Additionally, the integration of AI and ML in the software testing process, along with the increased adoption of agile testing, is expected to contribute significantly to market demand.
Vendor Analysis and Strategic Insights
The report presents a comprehensive vendor analysis to help businesses enhance their market positioning. Notable software testing market vendors covered in the report include Atos SE, BRISA, Capgemini Service SAS, Cognizant Technology Solutions Corp., DeviQA Solutions, Expleo Group SAS, Hexaware Technologies Ltd., Infosys Ltd., International Business Machines Corp., Kualitatem Inc., Oxagile, QA Mentor Inc., QA TestLab Solutions Ltd., QASource, QualiTest Group, QualityLogic Inc., Tata Consultancy Services Ltd., Testfort, Wipro Ltd., Quality Area Ltd., and LogiGear Corp. The report also addresses emerging trends and challenges to assist companies in developing effective strategies and leveraging growth opportunities.
Research Methodology
The study employs a balanced approach, utilizing both primary and secondary data sources from key industry participants. The report includes a comprehensive market and vendor landscape, along with a detailed SWOT analysis of key vendors. The analysis encompasses critical parameters such as profit analysis, pricing strategies, competition assessment, and promotional initiatives. The report is a result of extensive research, incorporating reliable and comprehensive data from primary and secondary sources.
Conclusion
The global software testing market is poised for substantial growth, anticipating a $15.94 billion increase between 2022 and 2027, with a noteworthy CAGR of 9.22%. The market’s expansion is fueled by factors such as the rising adoption of mobile testing, the availability of cloud-based software testing services, and the increasing preference for test automation services. The report’s comprehensive vendor analysis and strategic insights aim to empower companies to harness future growth opportunities.
A selection of companies mentioned in this report includes
Atos SEBRISACapgemini Service SASCognizant Technology Solutions Corp.DeviQA SolutionsExpleo Group SASHexaware Technologies Ltd.Infosys Ltd.International Business Machines Corp.Kualitatem Inc.OxagileQA Mentor Inc.QA TestLab Solutions Ltd.QASourceQualiTest GroupQualityLogic Inc.Tata Consultancy Services Ltd.TestfortWipro Ltd.Quality Area Ltd.LogiGear Corp.For more information about this report visit https://www.researchandmarkets.com/r/cz1lhs
About ResearchAndMarkets.comResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and MarketsLaura Wood, Senior Managerpress@researchandmarkets.com For E.S.T Office Hours Call +1-917-300-0470For U.S./CAN Toll Free Call +1-800-526-8630For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
 
View original content:https://www.prnewswire.com/news-releases/software-testing-services-market-dynamics-ai-crowdsourcing-and-agile-testing-301903605.html
SOURCE Research and Markets 

DUBLIN, Aug. 17, 2023 /PRNewswire/ — The “Global Software Testing Services Market 2023-2027” report has been added to  ResearchAndMarkets.com’s offering.

The software testing market is anticipated to experience substantial growth, projecting a $15.94 billion increase during the forecast period of 2022-2027. This growth will be driven by a robust Compound Annual Growth Rate (CAGR) of 9.22%.

The comprehensive report on the software testing market offers a holistic analysis, covering market size, trends, growth drivers, challenges, and a vendor analysis of approximately 25 key players.

The report provides an up-to-date analysis of the current market scenario, highlighting the latest trends, drivers, and overall market environment. The adoption of mobile testing, the availability of cloud-based software testing services, and the increasing demand for test automation services are identified as major factors propelling the market forward.

Market Segmentation

The software testing market is segmented as follows:

By Service

Functional TestingDigital TestingSpecialized Offerings

By End-user

BFSI (Banking, Financial Services, and Insurance)Telecom and MediaManufacturingRetailOther Industries

By Geographical Landscape

North AmericaEuropeAPAC (Asia-Pacific)South AmericaMiddle East and Africa

Driving Factors and Future Trends

The study identifies the growing momentum of crowdsourced testing as a prime factor driving market growth in the coming years. Additionally, the integration of AI and ML in the software testing process, along with the increased adoption of agile testing, is expected to contribute significantly to market demand.

Vendor Analysis and Strategic Insights

The report presents a comprehensive vendor analysis to help businesses enhance their market positioning. Notable software testing market vendors covered in the report include Atos SE, BRISA, Capgemini Service SAS, Cognizant Technology Solutions Corp., DeviQA Solutions, Expleo Group SAS, Hexaware Technologies Ltd., Infosys Ltd., International Business Machines Corp., Kualitatem Inc., Oxagile, QA Mentor Inc., QA TestLab Solutions Ltd., QASource, QualiTest Group, QualityLogic Inc., Tata Consultancy Services Ltd., Testfort, Wipro Ltd., Quality Area Ltd., and LogiGear Corp. The report also addresses emerging trends and challenges to assist companies in developing effective strategies and leveraging growth opportunities.

Research Methodology

The study employs a balanced approach, utilizing both primary and secondary data sources from key industry participants. The report includes a comprehensive market and vendor landscape, along with a detailed SWOT analysis of key vendors. The analysis encompasses critical parameters such as profit analysis, pricing strategies, competition assessment, and promotional initiatives. The report is a result of extensive research, incorporating reliable and comprehensive data from primary and secondary sources.

Conclusion

The global software testing market is poised for substantial growth, anticipating a $15.94 billion increase between 2022 and 2027, with a noteworthy CAGR of 9.22%. The market’s expansion is fueled by factors such as the rising adoption of mobile testing, the availability of cloud-based software testing services, and the increasing preference for test automation services. The report’s comprehensive vendor analysis and strategic insights aim to empower companies to harness future growth opportunities.

A selection of companies mentioned in this report includes

Atos SEBRISACapgemini Service SASCognizant Technology Solutions Corp.DeviQA SolutionsExpleo Group SASHexaware Technologies Ltd.Infosys Ltd.International Business Machines Corp.Kualitatem Inc.OxagileQA Mentor Inc.QA TestLab Solutions Ltd.QASourceQualiTest GroupQualityLogic Inc.Tata Consultancy Services Ltd.TestfortWipro Ltd.Quality Area Ltd.LogiGear Corp.

For more information about this report visit https://www.researchandmarkets.com/r/cz1lhs

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
 
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

 

View original content:https://www.prnewswire.com/news-releases/software-testing-services-market-dynamics-ai-crowdsourcing-and-agile-testing-301903605.html

SOURCE Research and Markets

 

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