- Published: May 2012
- Region: Global
Global Software Testing Services Market 2010-2014
- Published: June 2011
- Region: Global
- 23 pages
TechNavio’s analysts forecast the global Software Testing Services market to grow at a CAGR of 11.1 percent over the 2010-2014 period. One of the key factors contributing to this market growth is the need to identify and remove costly errors. The Software Testing Services market has also been witnessing outsourcing of Testing Services. However, a lack of skilled labor could be a challenge to the growth of this market.
Key vendors dominating this market space include IBM, Accenture, Cognizant, and Wipro.
TechNavio’s Global Software Testing Services Market 2010-2014 has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on the global market; it also covers the current Software Testing Services market landscape and its growth prospects.
Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
01. Executive Summary
03. Market Landscape
04. Vendor Landscape
05. Market Growth Drivers
06. Market Challenges
07. Market Trends
08. Key Vendor Analysis
08.4 Wipro Technologies
09. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Size of Global Software Testing Services Market 2010-2014 (US $ Billion)
Exhibit 2: Vendor Landscape of Global Software Testing Services Market
Software Testing Services Increasingly Outsourced to India and China
Research conducted by Technavio reveals, that the Software Testing Services market is expected to grow at a CAGR of 11 percent. The report, which focuses Americas, EMEA and APAC indicates, that the market is currently driven by the consistent process and technology changes.
“The software testing industry is witnessing significant changes both technology-wise as well as in the business process. Technology changes in testing have been continuous and are being driven by business needs such as cost reduction and improvement of quality and time-to-market. Further, evolving software technology is also compelling enterprises to implement testing right from the product development stage which is increasing the adoption of software testing services,” reports Technavio analyst.
In spite of the need, operational complexities hinder the growth of this market. However, the increased availability of testing applications is expected to drive this market.
The Software Testing Services market is marked by an increased outsourcing of test services to countries such as India and China. This makes the study an important one for companies to fully understand the potential in the market and formulate its own strategy.
The report, Global Software Testing Services Market 2010-2014, is based on an extensive research from inputs by industry experts, vendors and end-users. It examines the factors- including the key trends, drivers and challenges, impacting the evolution of this market. Further, it contains an in-depth understanding of the key vendors including their SWOT analysis.
Companies mentioned in this report include: IBM, Accenture, Cognizant and Wipro.
- Wipro Technologies