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11.5% CAGR Expected for Global Software Testing Market in 2016

11.5 percent CAGR Expected for Global Software Testing Market in 2016

 

Global Software Testing Service Market is expected to grow at 11.15% over the period of 2013-18. The report was prepared on the basis of in-depth software testing service market analysis by experts.

Analysis considered growth prospects of software testing service market along with market conditions in the future. Reduced time to market and improved efficiency is driving the market.

Market size is calculated with the help of sales of testing services offered by software vendors and independent testing service providers. Leading vendors in this market include Accenture, Capgemini, IBM, and Wipro.

The overall revenue for the market is generated from functional testing and non-functional testing.

Functional testing includes unit testing, smoke testing, sanity testing, interface testing, integration testing, system testing and integration testing.

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Non-functional testing includes performance tools, usability testing, security testing and portability testing.

The key trend in market is the increase in crowdsourcing.

The main challenge faced by companies in the market is offshore team management.  It was estimated due to the immense market growth, there is a chance for increased E-waste in the future as well.

(Source)