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Software Testing Market Size
- Report ID: GMI3382
- Published Date: Mar 2023
- Report Format: PDF
Software Testing Market Size
Software Testing Market size valued at USD 45 billion in 2022 and is anticipated to grow at 5% CAGR from 2023 to 2032. Driven by the surging usage of mobile-based applications.
Increasing demand for mobile-based applications for transactions, entertainment, gaming, and other purposes has increased the need for continuous application updates for a seamless user experience. In this regard, testing the software of mobile applications helps optimize the functionality, performance, and appearance of apps across multiple devices. It also helps identify bugs in the development process which can be fixed before launching an app.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Software Testing Market Size in 2022: | USD 45 billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 5% |
| 2032 Value Projection: | USD 90 billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 430 |
| Tables, Charts & Figures: | 489 |
| Segments covered: | Component, Type, Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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In fact, due to growing demand for mobile applications, many companies are emphasizing extending their footprint in the mobile testing space which is likely to supplement software testing market growth. Citing an instance, in October 2022, Keysight Technologies, Inc., a U.S.-based electronics company, announced the launch of AI-driven testing by enhancing its Nemo Device Application Test Suite to optimize experience on 5G smartphones.
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Software Testing Market Scope
