What is Software Testing Market?
Software testing, a process of running various application or programs, to identify bugs in the software and assist software in becoming error free solution to cater to user requirements. It is a detailed methodology to verify and validate the software code or program and help in developing efficient software, to meet technical and business requirements. In the current scenario, the increasing global presence of Big Data Analytics, Cloud Computing and IoT is expected to propel the software testing market to transfigure the software testing approaches
The market study is being classified by Type (Test Consulting & Compliance and Quality Assurance Testing), by Application (Artificial Intelligence Testing, Cybersecurity Testing, Blockchain Testing, IoT Testing and Others) and major geographies with country level break-up.
Capgemini (France), Wipro (India), Cognizant (United States), HP (United States), Infosys (India), TCS (India), Hexaware (India), IBM (United States), Tricentis Tosca Testsuite (Austria), Worksoft Certify (United States) and eggPlant Functional (United States) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Software Testing market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Software Testing market by Type, Application and Region.
On the basis of geography, the market of Software Testing 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
- Growing popularity of crowdsourced testing
- The emergence of agile testing services and surge in demand for automated testing services
Market Trend
- High use of analytics for software testing
Restraints
- Rise in cyber threats and lack of software security
Opportunities
- Increase in location based application and consumerization of data services in the telecom sector
Challenges
- Advent of open-source software testing tools
California Consumer Privacy Act (CCPA) is passing a law for protection of data in United States which will be effective by January, 2020. It is expected to be country’s highest commendable security and privacy law. Also, SEC is taking risk prohibiting steps to overcome breaches in financial sectors specific to public listed companies to increase risk assurance