Download presentation
Presentation is loading. Please wait.
Published byRobert Serry Modified over 5 years ago
1
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 Software Testing Market is expected to witness significant to 2025: Global Market Insights, Inc.
2
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com The North America region is dominating the software testing market due to the adoption of the software application in numerous industry verticals such as manufacturing and healthcare. The widespread integration of IoT devices and the high degree of automation are the other key factors supplementing the growth of the market. In addition, the increasing adoption of cloud-based services has further spurred the size of the market in the region. The Asia Pacific software testing market is expected to grow due to the rapidly growing IT industry in countries including India, China, and Australia. The availability of highly skilled professionals at lower salaries is encouraging large enterprises from developed economies, including the U.S. and Germany to outsource their software infrastructure management services. Regional Analysis of Software Testing Market :
3
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Application Analysis of Software Testing Market : The software testing applications are being increasingly used in the BFSI sector as it helps to safeguard the integrity of the banking application. The banking software applications perform various functions such as transferring & depositing of funds, balance inquiry, and withdrawal of funds. The testing of these software applications is of paramount importance as minuscule error can cause catastrophic losses to banking firms. In addition, the increasing number of regulatory guidelines mandating the upgrade of the banking software infrastructure is also promoting its use in the software testing market. Software testing market in application testing segment is anticipated to grow exponentially over the projected time period due to the increasing demand for ensuring predictability of the application performance. It also improves the time to market by implementing various structured testing processes to augment the existing product quality and development timeframes through numerous reusable test cases and automation techniques. Moreover, it allows software development firms to leverage the economies of scales and skilled low-cost workforce.
4
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com The companies operating in the software testing market are conducting strategic acquisitions to strengthen their presence in the market. For instance, in May 2018, QualiTest Group acquired the software testing division of NCC Group plc to enhance its UK operations and provide improved value offerings to its customers. Major players present in the software testing market are Tata Consultancy Services (TCS), Wipro Limited, Capgemini, CA Technologies, Accenture, IBM Corporation, Infrasoft Technologies, Amdocs, QASymphony, Atos SE, Cognizant, Keytorc Software Testing Services, Cigniti Technologies Limited, UST Global Tech Mahindra, Gallop Solutions, Hexaware Technologies, and QualiTest Group. Competitive Market Share of Software Testing Market :
5
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Software Testing Market @ http://bit.ly/2KIb3N9 Request for an in-depth table of contents for this report @ http://bit.ly/2KFHfB2
6
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Stay In Touch Website: www.gminsights.comwww.gminsights.com Social Media:
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.