Global Software Testing Services Market 2016-2020 - What are the Market Opportunities and Threats Faced by the Vendors in the Global Software Testing Services Market?
DUBLIN, January 7, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/gj9hct/global_software) has announced the addition of the "Global Software Testing Services Market 2016-2020" report to their offering.
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The global software testing services market to grow at a CAGR of close to 11% during the forecast period
One of the key drivers for the growth of the market is the growing popularity of crowdsourced testing. Crowdsourcing is a collective effort from people working in different locations on a single online project. Crowdsourced testing has gained immense popularity over the years because it is the only testing process that offers real-time feedback on product development, provide insights about the quality of the product, and helps tester detect bugs and defects over the software testing life cycle.
Industry-specific testing services offerings is another significant trend that is envisaged to propel the growth of the software testing services market during the forecast period. Recent developments have driven companies to align testing services into vertical specializations, which has gained popularity over the years. For instance, Infosys, one of the key players in the global software development market, offers testing services through various specialized practices, such as healthcare, insurance, and retail validation and testing practice.
At present, the application testing services segment dominates the software testing services market, with a market share of over 88%. The growth of this segment is projected to continue over the next five years due to an increase in application verticalization specific to a concentrated user base. The growing consumerization of IT has encouraged companies to develop versatile applications to strengthen their presence and engage customers.
Product segmentation and analysis of the software testing services market
- Application testing services
- Product testing services
Segmentation by end-users and analysis of the software testing services market
- BFSI
- Financial services
- Media
- Telecommunications
- Others
The top vendors in the market are
- Accenture
- Capgemini
- IBM
- Wipro
Key Topics Covered:
Part 01:Executive summary
Part 02:Scope of the report
Part 03:Market research methodology
Part 04:Introduction
Part 05:Market landscape
Part 06:Market segmentation by application
Part 07:Market segmentation by end-user
Part 08:Geographical segmentation
Part 09:Market drivers
Part 10:Impact of drivers
Part 11:Market challenges
Part 12:Impact of drivers and challenges
Part 13:Market trends
Part 14:Vendor landscape
Part 15:Key vendor analysis
Part 16:Appendix
For more information visit http://www.researchandmarkets.com/research/gj9hct/global_software
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SOURCE Research and Markets
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