May 20, 2024

The Software Testing And QA Services Market Is Expected To Be Flourished By Growing Demand Of Automation Testing

The global software testing and QA services market involves verification and validation of software applications to ensure quality, accuracy and reliability. Software testing services help companies identify defects, gaps, errors or bugs in their software programs before deployment. It involves both manual and automated functional and non-functional testing of web, desktop, mobile and other applications. Companies offer various testing services including functional testing, security testing, compatibility testing, usability testing, performance testing, localization testing and compliance testing. Common testing types include unit testing, integration testing, regression testing, system testing and user acceptance testing.

The global Software Testing And QA Services Market is estimated to be valued at Us$ 38.42 Billion in 2023 and is expected to exhibit a CAGR Of 13% over the forecast period 2023 To 2030, as highlighted in a new report published by Coherent Market Insights.

 

Market Dynamics:

 

The software testing and QA services market is expected to be flourished by growing demand of automation testing from companies to reduce operational costs and improve testing efficiencies. Automated testing helps identify bugs faster and allows testing of applications in various configurations without human intervention. It is scalable and repeatable in nature. Moreover, growing adoption of agile and DevOps methodologies by software developers has increased the need to automate testing processes to shorten delivery cycles. The increasing use of advanced technologies like AI, machine learning and analytics by QA service providers to enhance automation capabilities and deliver human-like testing is further expected to drive the market growth over the forecast period. While capabilities of test automation continue to evolve, demand for specialized manual testing skills will remain crucial especially for validating user experiences and discovering hard-to-automate bugs.

 

Segment Analysis

 

The software testing and QA services market is dominated by the IT consulting segment which accounts for more than 40% share. The segment is dominating as companies increasingly outsource software testing and quality assurance functions to managed service providers and consulting firms to save costs and benefit from their expertise. This segment provides end-to-end QA and testing services including test planning, development, execution and automation.

 

PEST Analysis

 

Political: Growth of the market is supported by government initiatives towards digitalization of services. However, tightened regulations around data privacy and cybersecurity pose compliance challenges.

Economic: Increased global IT spending and investment in digital technologies are driving demand for specialized QA and testing services. The need to mitigate risks of software failures and ensure high reliability also supports market growth.

Social: Younger workforce demanding robust and intuitive web and mobile applications is one of the key growth drivers. Also, increasing internet and smartphone penetration worldwide is catalyzing the demand for high-quality digital products and services.

Technological: Emerging technologies like AI, automation, crowdtesting are enabling advanced testing approaches like continuous testing and accelerating the market. Adoption of agile and devops practices emphasize early testing and further stimulate demand.

 

Key Takeaways

 

The Global Software Testing And QA Services Market Size is expected to witness high growth over the forecast period supported by rising digital transformation across industries. The Asia Pacific region dominates currently with over 40% share led by countries like India, China, and Australia. The region is expected to continue its dominance attributed to availability of skilled workforce, strategic initiatives to boost IT sector, and emergence of global testing hubs.

Key players operating in the software testing and QA services market are TCS, Wipro, Cognizant, Infosys, IBM, Qualitest, CGI, Mindtree, Cygnet Infotech, Maveric Systems, QA Mentor, A1QA, QA Source, QASource, Capgemini, Accenture, HCL Technologies, Atos, DXC Technology, and Tech Mahindra. Key players are focused on digital testing capabilities, test automation, crowdsourcing platforms, and offering managed testing services to tap growth opportunities.

 

Regional analysis

 

The Asia Pacific region currently holds the largest share of more than 40% in the global software testing and QA services market led by countries such as India, China and Australia. Availability of skilled workforce, government initiatives to boost tech sectors, investments in digital infrastructure are some factors contributing to market dominance. Countries like India have emerged as global testing hubs attracting large outsourcing deals from US and European firms. The region is expected to continue its lead with highest CAGR over the forecast period supported by increasing digitalization, start-up culture and rising adoption of advanced testing approaches.

Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it