Software Testing Services
The Software Testing Services industry has grown relatively in line with the overall IT sector over the five years to 2018. Since testing is an integral part of the development process, demand for software testing services ultimately derives from total demand for software, including both traditional software packages, cloud-based solutions and mobile applications. Driven by favorable shifts in business preferences and increased private investment in computers and software, the industry is forecast to continue growing.The Software Testing Services industry is expected to grow at a faster rate over the next five years to 2023. Revenue growth is tied to use of online services, which is expected to continue rising sharply over the next five years. Sustained growth in enterprise demand for software solutions (both traditional and cloud-based), in addition to continued market acceptance of outsourcing testing and other IT-related responsibilities, will also drive growth.
This industry provides software testing services for clients, such as performance testing, stability testing, usability testing and security testing. This industry does not sell its own software, but it may use internally developed software to complete its testing tasks.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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