Application Testing Services Market Forecast 2024-2033

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Overview and Scope
Application testing services is a broad term that refers to all varieties of verification and validation services that support the quality assurance (QA) and quality control (QC) of clients’ applications. Both validation and verification evaluate the technical and functional behavior of the tested components.

Sizing and Forecast
The application testing services market size has grown rapidly in recent years. It will grow from $41.04 billion in 2023 to $45.21 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to quality assurance (QA) demands, complexity of software applications, rise of agile and DevOps practices, globalization and outsourcing, regulatory compliance requirements.

The application testing services market size is expected to see rapid growth in the next few years. It will grow to $72.72 billion in 2028 at a compound annual growth rate (CAGR) of 12.6%. The growth in the forecast period can be attributed to shift-left testing practices, continuous testing in DevOps pipelines, microservices and containerization, security testing in DevsecOps. Major trends in the forecast period include test automation and AI, shift-right testing, performance engineering, mobile application testing.

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Segmentation & Regional Insights
The application testing services market covered in this report is segmented –

1) By Testing Type: Functionality Testing, Usability Testing, Performance Testing, Compatibility Testing, Security Testing, Compliance Testing, Automation Testing, Other Testing Types
2) By Organization Size: Small and Medium Enterprises, Large Enterprises
3) By Service Type: Professional Services, Managed Services
4) By Delivery Model: Onshore, Offshore, Nearshore, Onsite
5) By Vertical: Telecom and IT, BFSI, Healthcare and Life Sciences, Government and Public Sector, Media and Entertainment, Manufacturing, Retail, Energy and Utilities, Logistics and Transportation, Other Verticals

Asia-Pacific was the largest region in the application testing services market in 2023. North America was the second-largest region of the application testing services market. The regions covered in the application testing services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The digital transformation of businesses is expected to propel the growth of the application testing services market going forward. Digital transformation refers to the integration of digital technology across all functional areas of a company that helps to improve efficiency, value, and innovations in the organization. Digital transformations help reduce manual efforts in application testing by providing faster feedback and minimizing the time to release the products and services into the market. For instance, in November 2023, according to the National Retail Association, an Australia-based not-for-profit organization, with 11% of businesses fully embracing digital strategies, SMEs have both opportunities and challenges to enhance their online presence. Therefore, an increase in the adoption of digital transformations in businesses is driving application testing services market growth.

Key Industry Players

Major companies operating in the application testing services market report are Amazon Web Services Inc., Deloitte Touche Tohmatsu Limited, Accenture PLC, International Business Machines Corporation, Tata Consultancy Services Limited, BT Group PLC, Capgemini SE, Cognizant Technology Solutions Corporation, Infosys Limited, DXC Technology Company, Atos SE, Wipro Limited, Tech Mahindra Limited, EPAM Systems Inc., Capita PLC, UST Global Inc., HCL Technologies Limited, Mindtree Limited, Hexaware Technologies Limited, Applause App Quality Inc., QA InfoTech Worldwide Inc., Cigniti Technologies Limited, Xoriant Corporation, Indium Software Limited, AQM Software Testing Lab Pvt Ltd., a1qa LLC, Software Quality Systems S.A., Sauce Labs Inc., ZYMR Inc., Testlio Inc., TestingXperts Pvt. Ltd., Qualitest Group, ThinkSys Inc.

The application testing services market report table of contents includes:

1. Executive Summary
2. Application Testing Services Market Characteristics
3. Application Testing Services Market Trends And Strategies
4. Application Testing Services Market – Macro Economic Scenario
5. Global Application Testing Services Market Size and Growth
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31. Application Testing Services Market Other Major And Innovative Companies
32. Global Application Testing Services Market Competitive Benchmarking
33. Global Application Testing Services Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Application Testing Services Market
35. Application Testing Services Market Future Outlook and Potential Analysis
36.Appendix

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