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Software Testing Market Share

  • Report ID: GMI3382
  • Published Date: Mar 2023
  • Report Format: PDF
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Software Testing Market Share

Some of the leading companies operating in the software testing market include :

  • Infosys Limited
  • L&T Technology Services Limited
  • Micro Focus International plc
  • HCL Technologies Limited
  • International Business Machines (IBM) Corp.
  • and Accenture.

Many of these firms are emphasizing product innovations to outperform their competitors. Citing an instance, in June 2022, Cyient, an Indian multinational technology company, released AI-Powered Framework for Automated System and Software Testing (CyFAST) for the acceleration of end-to-end test automation.
 

The platform offers a comprehensive ecosystem for the management of testing projects while enabling end-to-end test automation across mobile, web, desktop, and embedded application and hardware devices. The new launch will strengthen the company’s V&V capability while reducing test cycles.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of software testing held a valuation of over USD 45 billion in 2022 and is slated to witness around 5% CAGR from 2023 to 2032, on account of rising usage of mobile-based applications.

The application testing segment is set to record a valuation of over USD 50 billion by 2032, owing to surging investments by organizations in software development for data security and product safety.

North America market is expected to grow beyond USD 40 billion by 2032, attributed to surging adoption of electric vehicles.

Some of the leading market players include names such as Amdocs, Capgemini SE, CGI Inc, Cigniti Technologies Limited, Eggplant (Keysight Technologies, Inc.), Accenture Plc., Astegic Inc, and Cognizant Technology Solutions Corporation.

Software Testing Market Scope

  • Software Testing Market Size
  • Software Testing Market Analysis
  • Software Testing Market Share

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    Premium Report Details

    • Base Year: 2022
    • Companies covered: 23
    • Tables & Figures: 489
    • Countries covered: 25
    • Pages: 430
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