Pure Play Software Testing Services Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

On-demand testing platforms to handle end-to-end STLC with low-cost IT solutions are being introduced in the software testing process. Earlier, organizations invested in the development of test laboratories for software to handle research operations. Research laboratories incur initial upfront costs in developing the research environment management laboratory. On-demand testing laboratories are cost-effective solutions that provide the software testers with a test environment as needed. Under this model, software testers are charging for research laboratories based on the use of laboratory facilities from the test area. On-demand test laboratories are suitable for software development teams to conduct collaborative software testing to build high-quality software in a multiplatform environment. On-demand development software laboratories, such as the Google Cloud Test Lab, allow mobile application developers to test mobile apps through various versions of Android APIs. Google Cloud Test Lab provides application developers with a test environment to handle end-to-end processes in application creation.

MARKET SCOPE

The "Global Pure Play Software Testing Services Market Analysis to 2031" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the pure play software testing services market with detailed market segmentation by type, end user, and geography. The report provides key statistics on the market status of the leading pure play software testing services market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•  Based on type, the global pure play software testing services market is segmented into compatibility testing, usability testing, application security testing, performance testing, and others.
  
•  On the basis of end user, the market is segmented into BFSI, IT, telecom, retail, and others.
  

MARKET DYNAMICS

Drivers:

•  The rising need for cost-cutting and faster time-to-market will drive growth prospects of pure play software testing services market in the coming years. Considering that various organizations are increasingly relying on independent testing vendors and avoiding massive investment in testing tools, the demand for pure play software testing services will experience growth over the forecast period. As a result, it allows organizations to save on valuable resources or manage with the limited resources available, gain access to local talent and advanced technology, and develop an economical cost structure.
  
•  Moreover, because companies are benefiting from the provision of pure play software testing services in terms of cost, time, and convenience, the market will experience a surge in its growth over the period expected.
  

Restraints:

•  Lack of skilled professionals may hinder the growth of the global pure play software testing services.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The pure play software testing services market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the pure play software testing services market in these regions.

IMPACT OF COVID-19 ON PURE PLAY SOFTWARE TESTING SERVICES MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the pure play software testing services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from pure play software testing services market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the pure play software testing services market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  a1qa software testing company
  
•  Cigniti Technologies Limited
  
•  DXC Technology Company
  
•  Expleo
  
•  imbus
  
•  Planit Testing
  
•  QA InfoTech (QAIT)
  
•  Qualitest Group
  
•  Trigent Software, Inc.
  
•  ZenQ
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Pure Play Software Testing Services Report Scope