Coherent Market Insights Report

Burlingame, April 10, 2024 (GLOBE NEWSWIRE) — Coherent Market Insights released a report titled Global Market for software testing and quality assurance servicesBy type of testing (functional testing, non-functional testing, manual testing, automation testing, compatibility testing, security testing, other), by endpoint interface (mobile testing, web testing, desktop testing, embedded software testing, API testing, cloud testing ), by organization size (SMEs, large enterprises), by verticals (BFSI, telecommunications and IT, healthcare and life sciences, retail and e-commerce, manufacturing, government and public sector), by connectivity (network-connected, off-grid /Remote Power) and By geography: size, share, outlook and opportunity analysis, 2023-2030. According to the report, the global software testing and quality assurance services market is valued at $38.42 billion in 2023, and is estimated to reach $90.39 billion by 2030, growing at a CAGR of 13% from 2023 to 2030

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Market dynamics:

The market for software testing and quality assurance services is driven by the increasing demand for high-quality software products and applications. With the growing complexity of software systems and the need for constant updates and changes, the importance of effective testing and quality assurance services has grown significantly. Additionally, the rise in adoption of agile and DevOps methodologies in software development has further fueled the demand for testing and quality assurance services.

Software Testing and QA Services Market Report

Moreover, increasing focus on providing a seamless user experience and ensuring data security and compliance standards are driving the growth of the software testing and quality assurance services market.

The story continues

Market trends:

One key trend in the software testing and quality assurance services market is the adoption of automated testing tools and technologies. With the need for faster delivery cycles and the increasing complexity of software applications, organizations are increasingly turning to automated testing to improve efficiency and accuracy in their testing processes.

Another trend in the market is the emergence of artificial intelligence and machine learning in software testing. These technologies are used to analyze large data sets, predict outcomes and optimize testing processes. The integration of artificial intelligence and machine learning helps organizations identify defects early in the development cycle and improve overall software quality.

The demand for mobile testing is on the rise in the market for software testing and QA services. With the increasing use of smartphones, mobile apps and mobile-friendly websites, companies are focusing more on ensuring the quality and performance of their mobile solutions. Mobile testing helps identify issues such as device compatibility, user experience, security vulnerabilities, and overall functionality, which are critical to the success of mobile apps.
Automated testing is gaining traction in the software testing and QA services market due to its ability to improve efficiency, reduce test time, and provide greater test coverage. With the increasing complexity of software applications and the need for faster releases, companies are turning to automated testing to streamline their testing processes and achieve faster time-to-market. Automated testing also helps reduce manual errors and costs associated with manual testing.

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Recent Developments:

In June 2022, Cyient announced the release of CyFAST to accelerate end-to-end testing.

In August 2022, ZenQ acquired Qualiest, the company announced.

Key market takeaways:

The software testing and quality assurance services market is expected to witness a CAGR of 13% during the forecast period 2023-2030, owing to the increasing focus on quality assurance and reliability of software solutions.

Considering the type of testing, the functional testing segment is expected to have a dominant position, due to its importance in ensuring the proper functioning of software applications. In terms of endpoint interfaces, mobile testing is expected to lead the market, driven by growing demand for mobile applications.

North America is expected to hold a dominant position in the market due to the presence of key players and technological advancements in the region.

Key players operating in the software testing and QA services market include TCS, Wipro, Cognizant, Infosys, IBM and others, who are focusing on expanding their service offerings and enhancing their testing capabilities to meet the growing market needs.

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Detailed segmentation:

According to the type of testing:

• Functional testing

• Non-functional testing

• Manual testing

• Automation testing

• Compatibility testing

• Security testing

By endpoint interface:

According to the size of the organization:

By verticals:

By region:

• North America

• Latin America

  • Brazil

  • Mexico

  • The rest of Latin America

• Europe

  • Germany

  • UK

  • Spain

  • France

  • Italy

  • Russia

  • The rest of Europe

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

  • South Korea

  • Rest of Asia and the Pacific

• Middle East and Africa

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About us:

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