Software Testing Market 2022
Software testing is the process of running various applications or programs, to identify bugs in the software and help the software become an error-free solution to meet user needs. Software testing is a detailed methodology to verify and validate software code or program and help develop effective software, to meet technical and business requirements.
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The various automated testing tools include Selenium, HP LoadRunner, HP QTP/UFT, BlazeMeter, HP Quality Center (HP ALM), Apache JMeter, Testim.io, IBM Rational Functional Tester, TestComplete, IBM Performance Tester, Test Studio, Sikuli, Ranorex, Sahi Pro, Appium, Sauce labs, Robotium, Watir, Cucumber, SilkTest and others
Software Testing Market: Drivers and Constraints
The emergence of agile testing services and increasing demand for automated testing services are coupled to drive the global software testing market. Enterprises are adopting agile testing services to improve the quality of cloud services and infrastructure and also to develop better software solution with minimum error percentage.
The telecommunications and banking sectors are expected to capture a significant market share in the end-user vertical segment. In the banking sector, the demand for reliable software without the possibility of error is increasing. Rise in location-based applications and consumerization of data services in the telecommunications industry are also key drivers for the growth of the global software testing market.
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Global Software Testing Market: Market Segmentation
Application testing services
Product testing services
Government and institutes
Global Software Testing Market: Regional Trend
North America is expected to dominate the software testing market owing to the adoption of the software across various verticals such as healthcare, manufacturing, and others. A growing trend towards software automation is the key factor driving the trend in the software testing market.
Followed by North America, Europe is expected to capture the second largest market share in terms of revenue, owing to the increase in demand for cloud-based testing services, which is expected to propel the testing market of software in the coming fourth years.
The Asia-Pacific software testing market is expected to grow at the fastest CAGR, owing to the presence of skilled and cheap labor. Additionally, Asia-Pacific countries such as India and China are embracing digitalization, which is another driver for the software testing market growth in the respective region.
Global Software Testing Market: Competitive Landscape
Some of the major software testing market players include IBM Corporation, Wipro Limited, Capgemini, Tata Consultancy Services (TCS), CA Technologies, QASymphony, Infrasoft Technologies, Amdocs, Keytorc Software Testing Services.
Other players in the software testing market include Atos SE, Cognizant, Cigniti Technologies Limited, Gallop Solutions, Tech Mahindra, Hexaware Technologies, UST Global and QualiTest Group.
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