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Global Software Testing Services Market 2016-2020

Category : ICT Media  | Published Date : Dec-2015 | Pages : 62
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Market outlook of software testing services
Technavios research analyst predicts 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.

Product segmentation and analysis of the software testing services market 
• Application testing services 
• Product testing services 

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.

Segmentation by end-users and analysis of the software testing services market 
• BFSI
• Financial services 
• Media 
• Telecommunications 
• Others 

In 2015, the financial services sector led the market with more than 34% of the total market share. Almost all the financial application development and maintenance requires a high degree of testing services throughout the software development lifecycle. Intense competition among global leaders and the shift to specialized services are pushing financial institutions to seek for enterprise-grade testing services. 

Competitive landscape and key vendors
The presence of a large number of providers has driven the software testing services market to grow tremendously over the years. Companies are forging partnerships with niche players to improve their software tool packages and enhance ongoing innovations. The market in North America is dominated by IBM, Accenture, and Cognizant, whereas Capgemini, TCS, Wipro, and Infosys hold strong positions in EMEA and APAC.

The top vendors in the market are - 
• Accenture 
• Capgemini 
• IBM
• Wipro 

Other prominent vendors in the market include Atos, Cigniti, Cognizant, CSC, Deloitte, Gallop Solutions, Hexaware, HP, Infosys, NTT Data, QualiTest Group, SQS, Steria, TCS, Tech Mahindra, and UST Global.

Key questions answered in the report include
• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global software testing services market? 
• What are the key market trends impacting the growth of the global software testing services market? 
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the vendors in the global software testing services market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global software testing services market? 

Technavio also offers customization on reports based on specific client requirement.

Related reports: 
• Global Software Testing Market in Telecom 2015-2019 
• Global Pure-play Software Testing Services Market 2015-2019 
• Global Outsourced Software Testing Services Market 2015-2019 
PART 01:Executive summary
Highlights
PART 02:Scope of the report
Market overview
Top-vendor offerings
PART 03:Market research methodology
Research methodology
Economic indicators
PART 04:Introduction
Key market highlights
PART 05:Market landscape
Market overview
Requirement analysis
Test planning
Test designing
Test execution
Defect fixing
Test closure and reporting
Market size and forecast
Five forces analysis
PART 06:Market segmentation by application
Segmentation of global software testing services market by product category
Global application testing services market
Market size and forecast
Global product testing services market
Market size and forecast
PART 07:Market segmentation by end-user
Market overview
PART 08:Geographical segmentation
Geographical segmentation of global software testing services market
Americas
Market size and forecast
EMEA
Market size and forecast
APAC
Market size and forecast
PART 09:Market drivers
Growing popularity of crowdsourced testing
Rising mobility
Adoption of specialized testing
Shift to business outcome-based metrics
PART 10:Impact of drivers
PART 11:Market challenges
Lack of understanding of scope
Labor-intensive process
Growing adoption of test-driven development
High employee attrition
PART 12:Impact of drivers and challenges
PART 13:Market trends
Growing popularity of mobile apps
Industry-specific testing services offerings
Increased use of cloud-based testing
Shift to automated software testing
PART 14:Vendor landscape
Competitive scenario
Market share 2015
Other prominent vendors
PART 15:Key vendor analysis
Accenture
Business overview
Business segmentation by revenue 2014
Products
Financial services
Communications, media, and technology
Resources and others
Health and public services
Business segmentation by revenue 2013 and 2014
Geographical segmentation by revenue 2014
Accenture in software testing services market
Recent developments
Capgemini
Business overview
Business segmentation by revenue 2014
Geographical segmentation by revenue 2014
Industries served
Capgemini in software testing services market
Business strategy
Recent developments
IBM
Business overview
Product portfolio
Services
Business segmentation
Recent developments
Wipro
Business overview
Business segmentation by revenue 2015
Geographical segmentation by revenue 2015
Wipro in software testing services market
Recent developments
PART 16:Appendix
List of abbreviations
PART 17:Explore Technavio

Exhibit 01:Product offerings6
Exhibit 02:Waterfall model of software testing life cycle
Exhibit 03:Global software testing market 2015-2020 ($ billions)
Exhibit 04:Five forces analysis
Exhibit 05:Segmentation of global software testing services market 2015
Exhibit 06:Segmentation of global software testing services market 2015-2020
Exhibit 07:Global application testing services market 2015-2020 ($ billions)
Exhibit 08:Global product testing services market 2015-2020 ($ billions)
Exhibit 09:Segmentation of global software testing services market by end-user 2015
Exhibit 10:Geographical segmentation of software testing services market 2015
Exhibit 11:Geographical segmentation of global software testing services 2015-2020 ($ billions)
Exhibit 12:Software testing services market in Americas 2015-2020 ($ billions)
Exhibit 13:Software testing market in EMEA 2015-2020 ($ billions)
Exhibit 14:Software testing services market in APAC 2015-2020 ($ billions)
Exhibit 15:Crowdsource testing life cycle
Exhibit 16:Impact of drivers
Exhibit 17:Flowchart of test-driven method
Exhibit 18:Impact of drivers and challenges
Exhibit 19:Segmentation of global software testing market by vendors 2015
Exhibit 20:Accenture: Business segmentation by revenue 2014
Exhibit 21:Accenture: Business segmentation by revenue 2013 and 2014
Exhibit 22:Accenture: Geographical segmentation by revenue 2014
Exhibit 23:Capgemini: Business segmentation by revenue 2014
Exhibit 24:Capgemini: Geographical segmentation by revenue 2014
Exhibit 25:IBM: Business segmentation by revenue 2014
Exhibit 26:Wipro: Business segmentation by revenue 2015
Exhibit 27:Wipro: Geographical segmentation by revenue 2015
...
Publisher Name : Technavio

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