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| Global Software Testing And QA Services Market Size |
Software testing and QA services help ensure the quality, performance, and
security of software and applications. They identify bugs, vulnerabilities, and
other issues to optimize functionality. With the growing complexity of
software, manual testing is inefficient and automation has become essential.
Automation speeds up the testing process, allowing for more rounds of testing
in less time. It minimizes human errors and improves consistency.
The global
Software Testing and QA Services Market is estimated to be valued at US$ 44.26
Bn in 2023 and is expected to exhibit a CAGR
of 5.2% over the forecast period 2023
to 2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the major trends in the software testing and QA services market is the
rising adoption of test automation. Automation can significantly boost testing
efficiency by reducing time spent on repetitive tasks. It allows tests to be
run continuously as part of the development process. This leads to bugs being
detected much earlier when they are cheaper to fix. Many organizations are
increasingly automating functional and non-functional testing processes using
open source and commercial testing tools. The growing complexity of
applications is also driving greater use of artificial intelligence in test
automation. AI can help streamline test case development and maintenance while
improving test accuracy and coverage. These factors are expected to propel the
automation trend in software testing over the coming years.
Segment Analysis
The global software testing and QA services market is dominated by the IT
consulting and outsourcing services segment. This is due to the increasing
adoption of offshore QA services and outsourcing model by various software
developers and industries. Growing need to reduce costs and access advanced
testing techniques and expertise is driving the growth of this segment.
Key Takeaways
Global
Software Testing And QA Services Market Size is estimated
to be valued at US$ 44.26 Bn in 2023 and is expected to exhibit a CAGR of 5.2% over the forecast period 2023 to 2031.
Regional analysis
Asia Pacific region is expected to witness the fastest growth in the software
testing and QA services market during the forecast period. Countries like
India, China, Japan, etc. are increasingly adopting QA services. Growing IT industry
and presence of leading players in the region are some factors promoting the
market growth.
Key players
Key players operating in the software testing and QA services market are Thermo
Fisher Scientific, Merck KGaA, Danaher Corporation, Agilent Technologies,
PerkinElmer, GE Healthcare, Promega Corporation, Genetec, Bio-Rad Laboratories,
and Abcam. Thermo Fisher Scientific and Danaher Corporation are the dominating
players owing to their diverse product portfolio and global presence.
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