Software Testing and QA Services Market

Software Testing And QA Services Market Is Expected To Be Flourished By Growing Popularity Of Agile Methodologies In Software Development

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Software testing and QA services help organizations ensure quality and identifying defects in software applications before deployment. Companies utilize various testing methodologies such as black box testing, white box testing, and others to test the functionality, security, and performance of applications. Software testing assists developers in developing high-quality and error-free applications. The global software testing and QA services market encompasses various testing types including functionality testing, security testing, automation testing, usability testing, compliance testing, and others. With growing adoption of agile methodologies in software development lifecycles, the demand for quality assurance and testing services is increasing. The agile approach requires continuous testing throughout development phases to identify defects early.

The global software testing and QA Services Market is estimated to be valued at US$ 44.26 Mn in 2024 and is expected to exhibit a CAGR of 5.2% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:

One of the key drivers fueling the growth of software testing and QA services market is the growing popularity of agile methodologies in software development. Agile approach focuses on early testing, continuous integration, and ensuring quality from the initial development stages. Continuous testing practices under agile help software teams ship code faster while maintaining quality. The concept of test-driven development (TDD) where testing is done before code development has gained widespread acceptance in agile projects. Continuous testing methodologies effectively address business needs and reduce development risks associated with late defects detection. This has significantly increased the demand for experienced testing professionals and QA teams among organizations embracing agile models.

Segment Analysis

The global software testing and QA services market is dominated by the IT & telecommunications segment. Over the past decade, the IT & telecommunications industry has rapidly adopted various software and applications such as cloud computing, AI, machine learning, and mobile applications. This growing adoption has significantly increased the need for effective testing and quality assurance of these software to identify defects and ensure smooth performance. As a result, the IT & telecommunications segment accounts for around 35% share of the overall software testing and QA services market.

PEST Analysis

Political: Governments across major economies are introducing initiatives and regulations to improve software quality and security. For example, the European Union’s General Data Protection Regulation has increased focus on data privacy compliance testing.

Economic: The growing digitization and emergence of new technologies are driving businesses across industries to adopt various software solutions. This is positively impacting the demand for testing and QA services from industries.

Social: Increased internet and smartphone penetration is driving the adoption of various mobile/web-based applications. Social media platforms and OTT players are increasingly outsourcing testing needs which is benefiting the market.

Technological: Advancements like artificial intelligence, automation, and cloud computing are enabling faster and more efficient testing. For example, AI is assisting in test case generation and performance testing. Many QA providers are adopting these technologies.

Key Takeaways

The Global Software Testing And QA Services Market Size is expected to witness high growth over the forecast period. The market size for 2024 is estimated to be US$ 44.26 Mn and is projected to reach over US$ 75 Bn by 2031, growing at a CAGR of 5.2% during the forecast period.

Regional analysis: North America dominated the market with around 40% share in 2024 owing to strong presence of leading QA service providers and digital native companies in the US and Canada. Asia Pacific is projected to be the fastest growing regional market during the forecast period driven by increasing technology adoption in major countries like China and India.

Key players operating in the software testing and QA services market are Thermo Fisher Scientific, Merck KGaA, Danaher Corporation, Agilent Technologies, PerkinElmer, GE Healthcare, Promega Corporation. These companies are focusing on new service launches and partnerships to consolidate their market presence.

*Note:
1.      Source: Coherent Market Insights, Public sources, Desk research
2.      We have leveraged AI tools to mine information and compile it 
Ravina
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Ravina Pandya,  Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. With an MBA in E-commerce, she has an expertise in SEO-optimized content that resonates with industry professionals.