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Software Testing Market: Industry analysis 2020 and forecasts to 2026

Author : Ronak Bora | Published Date : 2020-08-20 

North America dominates the software testing market owing to the majority of software development companies in the region. Also, the flourishing demand for digital health solutions is projected to drive the market. Moreover, the Asia Pacific region is the fastest-growing region due to the mounting online retail business in China and India. Also, the global players in the software testing industry are establishing their footprints in India to outsource their software services due to skilled IT professionals in the country.

Technologies like machine learning and AI are increasingly being integrated in software testing solutions of late. Its immense application in the BFSI, IT & Telecom, retail, manufacturing, healthcare, transportation & logistics industry is expected to fuel the growth of software testing market. Nowadays, several tech companies are focusing on developing advanced solution to accelerate the process of bug removal. With this, software firms can deliver high-quality applications within a shorter span of time.

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Of all testing types, integration testing is slated to hold a major share in software testing market. It is commonly executed after unit testing and is mostly conducted to detect faults and defects among units and integrated components. In this testing, a single unit is merged and tested in the group.

Some major findings of the software testing market report include:

  • Adaptable acceleration in healthcare applications owing to rising consumer demand for digital health diagnosis is projected to drive the demand for software testing. Software testing in healthcare applications will increase the quality of software and enhance the user interface.
  • The rising demand from IT companies for error detection and cost-effectiveness is likely to propel the demand for software testing
  • The companies in the software testing market are adopting an agile approach in software testing for quick bug removal to deliver high-quality software applications
  • Growing mobile application development for retail and healthcare industries will augment the market for regression testing

The integration testing holds for majority of the share in the software testing market. The integration testing is performed after unit testing, where an individual unit is combined and tested in the group. It is majorly performed to expose defects and faults in the interaction among integrated components and units.

The growing demand for mobile & web applications is propelling the integration of AI into the software testing services to enhance accuracy and offer high-quality software solutions in the market. The companies are coming up with various business strategies to implement AI to boost their service performance and reduce the processing time. For example, in April 2019, Atos announced to open a new AI lab in Paris in a partnership agreement with Google Cloud. This business strategy helps Atos to deliver the best technologies and enhance data processing services using AI.

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In an attempt to capitalize on this promising market, several prominent players have started to adopt strategies like collaborations, acquisitions, technological innovations and mergers of late. Taking April 2018 for instance, Eurofins Digital Testing acquired U.K.-based software testing provider, Edge Testing Solution to expand its services such as functional, automated, managed and performance testing across numerous segments. Apart from Eurofins Digital Testing, Cognizant, Accenture, TCS, IBM, Amdocs, Infosys, Wipro, HCL Tech., Atos, and Capgemini are slated as few of the prominent players operating in the software testing industry.

Table of Contents (ToC) of the report:

Chapter 4.   Software Testing Market, By component

4.1.  Key trends in software testing industry, by component

4.2.  Application Testing

4.2.1. Market estimates and forecast, 2015 – 2026

4.2.2. Functional testing

4.2.2.1.    Market estimates and forecast, 2015 – 2026

4.2.3. Non-functional testing

4.2.3.1.    Market estimates and forecast, 2015 – 2026

4.3.  Services

4.3.1. Market estimates and forecast, 2015 – 2026

4.3.2. Professional

4.3.2.1.    Market estimates and forecast, 2015 – 2026

4.3.3. Managed

4.3.3.1.    Market estimates and forecast, 2015 – 2026

Chapter 5.   Software Testing Market, By Application

5.1.  Key trends in software testing industry, by application

5.2.  IT & Telecom

5.2.1. Market estimates and forecast, 2015 - 2026

5.3.  BFSI

5.3.1. Market estimates and forecast, 2015 - 2026

5.4.  Manufacturing

5.4.1. Market estimates and forecast, 2015 – 2026

5.5.  Retail

5.5.1. Market estimates and forecast, 2015 - 2026

5.6.  Healthcare

5.6.1. Market estimates and forecast, 2015 - 2026

5.7.  Transportation & Logistics

5.7.1. Market estimates and forecast, 2015 - 2026

5.8.  Government & Public sector

5.8.1. Market estimates and forecast, 2015 - 2026

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/software-testing-market

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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