Application Testing Services: Global Strategic Business Report

Global Application Testing Services Market to Reach $97.2 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Application Testing Services estimated at US$41.6 Billion in the year 2020, is projected to reach a revised size of US$97.2 Billion by 2027, growing at a CAGR of 12.9% over the analysis period 2020-2027. Professional Services, one of the segments analyzed in the report, is projected to record 13.6% CAGR and reach US$74 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Managed Services segment is readjusted to a revised 10.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $12.3 Billion, While China is Forecast to Grow at 12.4% CAGR

The Application Testing Services market in the U.S. is estimated at US$12.3 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$16.9 Billion by the year 2027 trailing a CAGR of 12.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.4% and 10.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.3% CAGR.

Select Competitors (Total 38 Featured) -

• Accenture PLC
• Capgemini SE
• Cognizant Technology Solutions Corporation
• Deloitte Touche Tohmatsu Ltd.
• DXC Technology
• IBM Corporation
• Infosys Ltd.
• QualiTest Group
• Software Quality Systems AG (SQS)
• Tata Consultancy Services Ltd.
• Tech Mahindra Ltd.
• Wipro Ltd.

What`s New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year