Global software testing market forecast to grow 1.3x by the end of the forecast period with a CAGR of over 6.5% during the forecast period
Software testing is the process of evaluating and investigating the quality of software to find defects, errors, and requirements that are not met. It is a comprehensive software code validation and verification technique that helps in the development of effective software that meets business needs. The global software testing market is expected to be driven by the growing need for efficient and cost-effective techniques for discovering software defects in IT enterprises.
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Increasing digitization in the retail, banking, and manufacturing sectors is driving the demand for high-performance software applications that enable maximum user engagement to increase productivity and efficiency. IT companies are focusing on developing bug-free software applications to gain a competitive advantage in the market, which will increase the demand for software testing in the coming years. IT companies outsource many IT services to reduce operating costs and improve customer satisfaction, which will increase the demand for software testing.
Global Software Testing Market Segmentation:
Global Software Testing Market, By Product
Global Software Testing Market, By End User
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IT & Telecom
Based on region, the global software testing printing market has been segmented into five geographical regions namely, North America, Asia-Pacific, Europe, South America, Middle East and Africa. In 2020, North America has the largest market region in the global software testing market, followed by Asia-Pacific
Global software testing market, by region
The rest of Europe
Australia and New Zealand
Rest of Asia-Pacific
Rest of Latin America
The Middle East and Africa
United Arab Emirates
Rest of MEA
Key Market Players Covered in Global
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Software testing market:
Atos Medical Inc.
Cigniti Technologies Ltd.
Deloitte Consulting LLP
NTT DATA Corporation
Sopra Steria Group
Tech Mahindra Ltd.
(Note: The list of key players will be updated with the latest scenario and latest market trends)
Fast-growing emerging players
New entrants and leading startups
Benchmarking of competitive products
Product Development Matrix
Key Takeaways from Regional Research Reports:
Key data points affecting market growth
The Global Software Testing Market report provides an in-depth analysis of macroeconomic factors and market attractiveness of each segment. The report will include an in-depth qualitative and quantitative assessment of the industry/regional outlook with the presence of market players in the respective segment and region/country. The information concluded in the report includes the entries.
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Global Software Testing Market Report Covers Comprehensive Analysis on:
Market Segmentation and Regional Analysis
10 year market size
Supply and demand analysis
Product life cycle analysis
Porter’s Five Forces and Value Chain Analysis
Analysis of developed and emerging economies
Factor analysis of the market and forecasts
Opportunities, risks and market trends
Conclusion and recommendation
More than 15 company profiles
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