Software Testing Services Market in IT Consulting Industry | $ 34.49 Bn Growth Expected During 2021-2025 | Technavio

NEW YORK, Aug. 2, 2021 /PRNewswire/ —
Technavio forecasts the software testing services…

NEW YORK, Aug. 2, 2021 /PRNewswire/ —

Technavio forecasts the software testing services market to grow by USD 34.49 billion at over 12% CAGR during 2021-2025.

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The software testing services market report offers a comprehensive analysis of the strategies adopted by vendors and the trends, drivers, and challenges affecting the market size.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of mobile testing.

Technavio analyzes the market by Product (Application testing and Product testing), End-user (BFSI, Telecom and media, Manufacturing, Retail, and Others), and Geography (North America, Europe, APAC, and South America). The availability of cloud-based software testing services is expected to have a positive impact on the growth of the software testing services market during the forecast period.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The software testing services market covers the following areas:

Software Testing Services Market Sizing

Software Testing Services Market Forecast

Software Testing Services Market Analysis

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Companies Mentioned

  • Accenture Plc
  • Atos SE
  • Capgemini SE
  • Cognizant Technology Solutions Corp.
  • DXC Technology Co.
  • HCL Technologies Ltd.
  • International Business Machines Corp.
  • Infosys Ltd.
  • Tata Consultancy Services Ltd.
  • Wipro Ltd.

Related Reports on Information Technology Include:

Global 5G Testing Equipment Market
 – Global 5G testing equipment market is segmented by product (oscilloscopes, signal generators, signal analyzers, network analyzers, and others) and geography (North America, Europe, APAC, MEA, and South America).

Download Exclusive Free Sample Report

Software Testing Services Market in ANZ – Software testing services market in ANZ is segmented by product (application testing and product testing), end-user (BFSI, telecom and media, manufacturing, retail, and others), and geography (North America, Europe, APAC, and South America).

Download Exclusive Free Sample Report

Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Application testing – Market size and forecast 2020-2025
  • Product testing – Market size and forecast 2020-2025
  • Market opportunity by Product

Market Segmentation by End-user

  • Market segments
  • Comparison by End-user
  • BFSI – Market size and forecast 2020-2025
  • Telecom and media – Market size and forecast 2020-2025
  • Manufacturing – Market size and forecast 2020-2025
  • Retail – Market size and forecast 2020-2025
  • Others – Market size and forecast 2020-2025
  • Market opportunity by End-user

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • APAC – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Volume driver – Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Accenture Plc
  • Atos SE
  • Capgemini SE
  • Cognizant Technology Solutions Corp.
  • DXC Technology Co.
  • HCL Technologies Ltd.
  • International Business Machines Corp.
  • Infosys Ltd.
  • Tata Consultancy Services Ltd.
  • Wipro Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Report: www.technavio.com/report/software-testing-services-market-size-industry-analysis

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