Research and Markets - Global Software Testing Market to Grow at a CAGR of 14.4%, 2017-2021 with Accenture, Capgemini, IBM & Wipro Leading the Way

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Mar 22, 2017, 10:15 ET

DUBLIN, Mar 22, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Software Testing Market 2017-2021" report to their offering.

The global software testing market to grow at a CAGR of 14.4% during the period 2017-2021.

The report, Global Software Testing Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

One trend in market is increased adoption of crowdsourced testing. Crowdsourcing is the collective effort from a bunch of people working at different locations online on a single project. Between 2014 to 2016, crowdsourced testing has gained popularity as it is the only testing process offering real-time feedback on product development, insights about the quality of products, and the ability to detect bugs/defects over the testing life cycle. It is more scalable than outsourcing the whole testing services. It gives more flexibility in terms of time, work location, pay, and a vast range of options for testing different applications.

One of the major reasons for the adoption of crowdsourced testing is the high penetration of Internet through mobile devices and the growing awareness levels through technical web blogs and websites. Output-based pricing, less overhead costs, flexible workforce, global reach, and 24/7 access to project and work dashboard are some of the advantages associated with crowdsourced testing services.

According to the report, one driver in market is need for cost reduction and faster release of software. TaaS are IT services that are hosted on the cloud for test environment management (TEM) of software testing services. TaaS reduces the cost of software testing in software development organizations and enables the shift from the CAPEX model to the OPEX model. TaaS services require a minimum upfront cost to manage the test environment in organizations. TaaS are on-demand testing services that can be accessed through the Internet. IT eliminates the need to install on-premise software, tools, and IT infrastructure to manage test environments. Thus, organizations can significantly reduce the cost of IT resources to manage test environments. EaaS solutions enable software developers to build and test software applications faster, which helps organizations to introduce new software applications quickly in the market.

Key vendors

Accenture
Capgemini
IBM
Wipro

Other prominent vendors

Atos
CSC
Cigniti Technologies
Deloitte
Gallop Solutions
Infosys
NTT DATA
Steria
Tech Mahindra
UST Global

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 technology

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 profile

PART 16: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/3rd6kg/global_software

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SOURCE Research and Markets