Technavio analysts forecast the global software testing services market to grow at a CAGR of over 15% during the forecast period, according to their latest market research report.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180717005888/en/
Technavio has published a new market research report on the global software testing services market from 2018-2022. (Graphic: Business Wire)
The advent of DevOps is one of the major trends being witnessed in the global software testing services market 2018-2022. DevOps automates application testing and deployment processes. The automation of application development reduces errors and eliminates the need for manual processes, which improves the speed of the application deployment process.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
According to Technavio analysts, one of the key factors contributing to the growth of the global software testing services market is the growing popularity of crowdsourced testing:
Global software testing services market: Increasing prevalence of chronic disorders
Crowdsourced testing uses a crowdsourced platform to connect testers across the world to test software projects. It targets testers who match the demographics and interests of the target group. Crowdsourced testing allows businesses to test their products at a low cost. It is preferred for user-centric applications such as e-commerce applications and games. The popularity of crowdsourced testing is growing as it helps developers gain insights about product quality, identify defects and bugs, and obtain instant feedback to improve the product.
According to a senior analyst at Technavio for research on IT professional services, “Crowdsourced testing provides an additional opportunity to developers to test applications in real-world conditions without the need for a full-time QA. Businesses do not have to invest in the acquisition of tools for testing projects. They can get a complete test coverage and access to many testers from different parts of the world without making any financial investments.”
Global software testing services market: Segmentation analysis
The global software testing services market research report provides market segmentation by type (application testing and product testing), by end-users (BFSI, telecommunication, IT, retail and others), and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.
The Americas held the largest share of the market in 2017, accounting for close to 45% share, followed by the EMEA and APAC respectively. Although APAC held the smallest share of the market, it is expected to witness the maximum increase in its market share over the forecast period. EMEA will also see an increase in its market share while the Americas is projected to experience a significant decline in its market share by 2022.
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market sizing
- Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
- Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses 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 10,000 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.
If you are interested in more information, please contact our media team at media@technavio.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180717005888/en/
Contacts:
Jesse Maida
Media & Marketing Executive
US:
+1 844 364 1100
UK: +44 203 893 3200
www.technavio.com
