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Global software testing services market: 5.4% CAGR expected between 2012-16
Global Software Testing Services Market 2012-2016 - a new market research report on 2014-04-15 14:47:03
The Global Software Testing Services market is to grow at a CAGR of 5.41 percent over the period 2012-2016. One of the key factors contributing to this market growth is the reduction in operation time and cost due to the use of software testing services. The Global Software Testing Services market has also been witnessing an increase in the adoption of cloud-based testing services. However, shortage of skilled workforce could pose a challenge to the growth of this market.

The Global Pure Play Software Testing Services market is witnessing a trend of vendors offering cloud-based testing solutions. Cloud computing offers an opportunity to access testing tools and test environments from anywhere around the world. By moving IT infrastructure to the cloud, organizations reduce the capital investment as well as the cost of maintenance, security, and infrastructure. Furthermore, with the testing taking place over the cloud, testers can work independently to decrease the testing time. This can be done by accessing the tested software on the cloud even in the product development stage. Cloud-based solutions also remove the delays during product development and testing, as the software testing team can work independently and in synchronization with the product development team.

One of the major drivers in this market is the need to reduce operation time and cost. In recent years, the market is witnessing an increasing demand for software testing from companies because the quality of applications is highly dependent on the testing process. Hence, to avoid poor execution, slow test turnaround, or excessive costs in the software´s lifecycle, companies are relying more on testing services, thereby increasing the adoption of pure-play software testing services.

One of the major challenges in this market is the shortage of skilled resources with good knowledge of software testing. Software testing needs highly qualified professionals with appropriate skills. With the increased demand for software testing services, hiring and retaining software testing professionals is becoming a challenge for enterprises.

The key vendors dominating this space include Accenture plc, Capgemini SA, IBM Corp., and Wipro Ltd.

The other vendors mentioned are Cognizant Technology Solutions Corp., Computer Sciences Corp., Groupe Steria SA, HCL Technologies Ltd., Hewlett-Packard Co., Hexaware Technologies, Infosys Ltd., Logica plc, Micro Focus International plc, Software Quality Systems AG, TCS Ltd., Tech Mahindra Ltd., Thinksoft Global Services Ltd., and UST Global.

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