What is Pure Play Software Testing Services Market?
The market for Pure Play Software Testing Services is expanding at a faster rate. It demonstrates that software development customers are becoming more aware of the importance of independent testing and that a significant portion of the testing services market is shifting away from software houses and toward independent vendors. Pure-play software testing is being offered by testing service providers to product development firms in order to reduce the cost of operations and labor costs for software testing. Increased competition among service providers is a result of the outsourcing market's development. As a result, the efficiency of the services provided must increase.
The market study is being classified by Type (Compatibility Testing, Usability Testing, Application Security Testing, Performance Testing and Others), by Application (Large Enterprises and SMEs) and major geographies with country level break-up.
Thinksoft Global Services (India), Cigniti Technologies (India), Fraunhofer Institute for Experimental Software Engineering (Germany), Software Quality Systems (Germany), Silicus (United States), Inspearit (France), QA Infotech (India), Tesnet Software Testing (Israel), Trigent (United States), Acutest (United Kingdom), Planit Test Management Solution ( Australia) and Imbus (Germany) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Amsphere (United Kingdom) and Qualitest Group (United Kingdom).
The vendors in this market are majorly focusing on developing innovative solutions in order to cater to the market's demands to remain competitive in the global market. Research Analyst at AMA predicts that Global Players will contribute to the maximum growth of Global Pure Play Software Testing Services market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Pure Play Software Testing Services market by Type, Application and Region.
On the basis of geography, the market of Pure Play Software Testing Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Surging Demand for Software Testing Services for Testing Big Data Applications
- Growing Awareness of Associated Benefits such as Enhanced Decision-Making Processes
Market Trend
- Rising Collaboration between Software Companies and Independent Software Testing Companies
Restraints
- Several Service Providers in the Software Testing Market are Unable to Maintain the Quality of the Services
Opportunities
- Increase the Speed of Product Development and Launch in the Global Market
- Rising Adoption of Outsourced Services by Different Industries
- Continuous Development in the IT Sector
Challenges
- Lack of Experience in Software Testing and Shortage of Skilled Testing Teams of Service Providers
- Stiff Competition in Pure Play Software Testing Market
Market Leaders and some development strategies
In May 2018, QualiTest Group announced that it has signed a definitive agreement with Orasi Software, Inc., an Atlanta-based software reseller and professional services company, to acquire its Testing Services Division (“TSD”). At closing, which is subject to customary conditions, QualiTest and Orasi will also enter into a strategic partnership that will allow for more comprehensive offerings for their respective customers.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Pure Play Software Testing Services Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry