Global Outsourced Software Testing Market to grow at a CAGR of 10.8% during the period 2016 - 2020; Finds New Report

Report forecast the global outsourced software testing market to grow at a CAGR of 10.8% during the period 2016-2020.

Software testing and application performances play a vital role in the growth of an enterprise. With growing technological complexities, software testing functions have become more challenging. Some of the common challenges include security issues, software sourcing problems, and high expenditure. Most software companies have in-house team for software testing, or outsource it to service providers. Outsourcing not only reduces overall expenditure for the company, but also aids them in making a strategic decision to conserve resources, make the best use of human resources, and achieve the business objective through operational excellence. Quality assurance (QA) and testing, a part of outsourcing, is optimum for companies looking to improve their production application quality, and reduce errors and risks through testing.

The report covers the present scenario and the growth prospects of the global outsourced software testing market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from different outsourced software testing services such as unit testing, integration testing, end-to-end functionality testing, usability testing, system testing, performance testing, and load and stress testing.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

According to the report, adoption of specialized testing will be a key driver for market growth. The software testing industry has been undergoing a series of change in service offerings, business innovation, and engagement models. Companies are expanding their service portfolios from traditional functional testing to specialized testing following the popularity of SMAC technologies among enterprises. Security, mobile, Big Data, cloud, service-oriented architecture (SOA), SAP/Oracle, enterprise resource planning, and performance monitoring testing are the key focus areas for companies that build specialized testing teams. These technologies have become a value creator and feature differentiator for end products. The rise in test-driven developments has encouraged vendors to offer position testing as a stand-alone service that helps companies to create distinct value propositions at low costs.

Further, the report states that carrying out labor-intensive processes will be a challenge for the market. Maintaining the quality and availability of employable talent is a concern in the global software testing services market. Consistent investments in training employees as well as the systematic management of a growing talent pool are prerequisites for an industry's growth. To maintain a labor-intensive process, heavy investments are required to conduct activities, such as in-house training by offshore vendors and tie-ups with universities and training institutes. Implementing onshore and near-shore centers to tap the local talent available, creating test laboratories, and forming partnerships with tools or solution providers can pose challenges and adversely affect the market growth.

Global Outsourced Software Testing Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global outsourced software testing market:  Accenture, Capgemini, IBM, TCS, Tech Mahindra, and Wipro.

Other Prominent Vendors in the market are: Amdocs, Atos, CGI, Cigniti Technologies, CSC, HCL Technologies, HP, L &T Infotech, Logica, Mindtree, Software Quality Systems, and Thinksoft Global Services.

Market driver

• Adding mobility solutions to enterprise businesses
• For a full, detailed list, view our report

Market challenge

• Lack of communication, collaboration, and reporting
• For a full, detailed list, view our report

Market trend

• Shift to business outcome-based metrics
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this 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 key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 79 pages and 48 Exhibit “Global Outsourced Software Testing Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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