Software Testing Market report provides the latest market data along with industry future trends, which keeps tracking of users driving revenue growth rate of software testing market by by type (functional testing, and non-functional testing), applications (BFSI, retail, media & entertainment, IT & telecom, and other applications) market status and outlook of global and major regions, from manufacturers, and end industries. As this report is expected to help key players among the software testing market it includes the five years Industry analysis and the 6 years annual forecast from to 2025. Some of the prominent participants in the global software testing market are IBM Corporation, Wipro Limited, Accenture plc, Capgemini SE, Tata Consultancy Services (TCS), CA Technologies, Keytorc Software Testing Services, QASymphony, Infrasoft Technologies, Amdocs, and other companies. The global software testing market is projected to grow at a CAGR of 16.23% over the forecast period of 2019-2025.
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Software Testing Market: Drivers, Restrain and Opportunities
The emergence of agile testing services is the major driving factor for the software testing market. The adoption of agile helps the teams to develop and deliver quality software faster. Furthermore, factors such as the increasing adoption of mobile devices and technologies, growing adoption of the DevOps methodology, and transforming testing by digital transformation are other driving factor for the market growth. The automation testing increasing Returns on Investment (RoI) are fueling the growth of the market. However, software testing requires a considerable amount of money to upkeep a product that hampers the growth of the market. Moreover, emerging trends in software testing such as crowdsourced testing are anticipated to provide wide growth opportunities to the market players.
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North America Dominates the Global Software Testing Market
Geographically, North America dominates the global software testing market owing to the adoption of the software application in numerous industry verticals such as manufacturing and healthcare. The growing adoption of cloud-based services has further stimulated the size of the market in the region.
Software Testing Market: Segmentation
The report on global software testing market covers segments such as type and applications. On the basis of type, the sub-markets include functional testing, and non-functional testing. On the basis of applications, the sub-markets include BFSI, retail, media & entertainment, IT & telecom, and other applications.
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Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the software testing.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
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