About Software Testing Tools
The software testing tools are the tools that support one or more test activities including the planning, requirements, creating, test execution, defect logging, and test analysis. These testing tools are used for day to day software testing activities which facilitate regular software development activities, automation, efficiency and reduces human errors.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
TestingWhiz (United States), Micro Focus Unified Functional Testing (United Kingdom), Qualitest (United States), Ranorex GmbH (Austria), Tricentis Tosca Testsuite (United States), Telerik Test Studio (United States), Katalon LLC (United States), Testpad (United States), SmartBear Zephyre (United States) and QMetry Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Software Testing Tools market by , Application (Large Size Enterprises and Small-medium Size Enterprises) and Region.
On the basis of geography, the market of Software Testing Tools 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). If we see Market by Platform, the sub-segment i.e. Mobile will boost the Software Testing Tools market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. BFSI will boost the Software Testing Tools market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud-Based will boost the Software Testing Tools market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Artificial Intelligence and Machine Learning in Software Testing Tools and Increasing Use of Software Testing Tools in BFSI Sector
Market Growth Drivers:
The Need for the Operational Efficiency and Accuracy in Various industry and Demand for Automating the Process Testing Activities and Reduce Human Intervention
Challenges:
Stiff Competition in Software Testing Tools Market
Restraints:
Time taking Procedure Involved in Software Testing Tools and Lack of Skilled Testers mIght be the Hindrance
Opportunities:
Technological Advancement in Software Testing Tools
On 12th December 2019, Qualitest, the world's largest software testing and quality assurance company, has acquired AI and machine learning company AlgoTrace for an undisclosed amount. This acquisition marks the first step of Qualitest's growth strategy following an investment from Bridgepoint earlier this year. The acquisition allows Qualitest to radically expand the number of AI-powered testing solutions available to clients, as well as develop its capabilities in assisting companies test and launch new AI-powered solutions with greater confidence and speed.
Key Target Audience
Software Testing Tools Developers, Software Testing Tools Industry Associations, Research and Development Institutes, Regulatory Bodies, Potential Investors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.