Application Testing Services Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Testing Type (Functionality Testing, Security Testing, Performance Testing, Compliance Testing, Others), By Service Type (Professional Services, Managed Services), By Delivery Model (Onshore, Offshore, Nearshore, Hybrid), By Enterprise Size (Small, Medium, Large), By Industry (Vertical, BFSI, IT And Telecom, Healthcare, Retail, Media And Entertainment, Logistics And Transportation, Government, Others), And Geography - Forecasts From 2020 To 2025

Published:  Oct 2020 Report Code: KSI061611785 Pages: 113

The Application Testing Services market was valued at US$37.201 billion in 2019. Application testing services are a comprehensive portfolio of solutions that help enterprises across different industries to reduce the risk of application or system failure while ensuring the effective, efficient, and consistent operation of the organization’s systems to meet the expectations of both business users and customers. With growing competition, enterprises cannot risk the performance of applications and systems. As such, robust and standardized quality assurance and testing procedures of software and systems are invaluable in providing a level of confidence as well as the reputation of the enterprise. With technology getting more complex, adding mobility, analytics, and cloud, are fundamentally changing the way companies do business while opening up new avenues to customers. As such, the business is demanding the highest level of application availability and stability. Testing teams are under constant pressure to quickly and thoroughly test applications in order to support a wide range of end-user devices such as laptops, smartphones, and tablets without compromising the quality and speed of delivery while managing their digital transformation. Application testing services help companies to improve their financial position through cost reduction with an end-to-end testing strategy.

The increasing adoption of mobile applications, web applications, and software is encouraging companies to invest in integrating advanced technologies such as artificial intelligence (AI) and machine learning in order to provide high-quality software and applications. Since these technologies help to collect and analyze data to perform testing services, the demand for application testing services, backed by AI and machine learning, is increasing to improve accuracy and predict failure points, thus positively impacting the overall market growth. The growing adoption of automation across various industries is increasing the demand for test automation services which, in turn, is bolstering the market growth of application testing services. The growing volume of big data is also a contributing factor to the growth of the application testing services market as a large volume of data helps in testing and verification.

However, security concerns associated with the successful running of applications are currently hindering the application testing services market to reach its full potential. In the past few years, there has been a steady rise in the number of cases of cyber-attacks through web applications which has made security a major concern for application testing service providers.

The application testing services market is segmented by testing type, service type, delivery model, enterprise size, industry vertical, and geography. By testing type, the global application testing services market is segmented into functionality testing, security testing, performance testing, compliance testing, and others. The market is also segmented by service type as professional services and managed services. The global application testing services market is segmented by the delivery models onshore, offshore, nearshore, and hybrid. By enterprise size, the market is segmented as small, medium, and large. The global application testing services is also bifurcated by industry vertical as BFSI, IT and Telecom, healthcare, retail, media and entertainment, logistics and transportation, government, and others.

IT and Telecom sector projected to witness a substantial market growth

By industry vertical, the IT and telecom sector will grow at a noteworthy CAGR during the forecast period. Large telecom service providers are increasingly demanding application testing services to reduce application development and maintenance costs while enhancing application performance by streaming its quality assurance and testing processes. BFSI sector will also witness good market growth in order to ensure seamless services to its customers while simplifying the application portfolio. Increasing the use of mobile and online banking applications is significantly boosting the demand for application testing services across this sector in order to reduce the risk of migration and ensuring error-free applications.

North America holds a significant market share throughout the forecast period

Geographically, the Application Testing Services market is segmented as North America, South America, Europe, Middle East, and Africa (MEA), and Asia Pacific (APAC). North America accounted for the major market share in 2019 and will remain at its position until the end of the forecast period. Early adoption of new advanced technologies and the presence of major market players in the region support the growth of this regional market. Strict regulations regarding quality checks and inspections in North American countries drive the demand for application testing services across various end-use industries. As such, growing industries such as retail, healthcare, and telecom, and IT in countries like the U.S. and Canada are bolstering the overall growth of the regional market. APAC application testing services market will experience a significant CAGR during the forecast period. The growing adoption of digitalization across various industries is boosting the demand for application testing services in order to run the production process smoothly as these services help improve the functionality, performance, usability, and consistency of various applications. APAC application testing services market will witness a noteworthy CAGR during the forecast period owing to the increasing investments across industries, especially BFSI and retail, in digitalization and using various applications in order to run the operation smoothly and efficiently.

Competitive Insights

Prominent key market players in the Application Testing Services market include Amazon Web Services, Inc., IBM, Capgemini, Cognizant Technology Solutions, Accenture, Tata Consultancy Services Limited, Infosys Limited, Xoriant Corporation, Wipro, and HCL Technologies Limited. These companies hold a noteworthy share in the market on account of their good brand image and product offerings. Major players in the Application Testing Services market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last two years.

Application Testing Services Market Scope:

Report Metric Details
 Market size value in 2019  US$37.201 billion
 Growth Rate  CAGR of during the forecast period
 Base year  2019
 Forecast period  2020–2025
 Forecast Unit (Value)  USD Billion
 Segments covered  Testing Type, Service Type, Delivery Model, Enterprise Size, Industry Vertical, And   Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered Amazon Web Services, Inc., IBM, Capgemini, Cognizant Technology Solutions, Accenture, Tata Consultancy Services Limited, Infosys Limited, Xoriant  Corporation,   Wipro, HCL Technologies Limited
 Customization scope  Free report customization with purchase

 

Segmentation

  • By Testing Type
    • Functionality Testing
    • Security Testing
    • Performance Testing
    • Compliance Testing
    • Others
  • By Service Type
    • Professional Services
    • Managed Services
  • By Delivery Model
    • Onshore
    • Offshore
    • Nearshore
    • Hybrid
  • By Enterprise Size
    • Small
    • Medium
    • Large
  • By Industry Vertical
    • BFSI
    • IT and Telecom
    • Healthcare
    • Retail
    • Media and Entertainment
    • Logistics and Transportation
    • Government
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Others

Frequently Asked Questions (FAQs)

Q1. What is the global application testing services market size?
A1. The application testing services market was valued at US$37.201 billion in 2019. 

Q2. Who are the major players in the application testing services market?
A2. Prominent key market players in the Application Testing Services market include Amazon Web Services, Inc., IBM, Capgemini, Cognizant Technology Solutions, Accenture, Tata Consultancy Services Limited, Infosys Limited, Xoriant Corporation, Wipro, and HCL Technologies Limited.

Q3. How is the global application testing services market segmented?
A3. Application Testing Services market is segmented by testing type, service type, delivery model, enterprise size, industry vertical, and geography.

Q4. What factors are anticipated to drive the application testing services market growth?
A4. Growing adoption of automation across various industries is increasing the demand for test automation services which, in turn, is bolstering the market growth of application testing services. 

Q5. Which region holds the largest market share in the application testing services market?
A5. North America accounted for the major share in the application testing services market in 2019 and will remain at its position until the end of the forecast period.

1. Introduction
1.1. Market Definition
1.2. Market Segmentation
 
2. Research Methodology
2.1. Research Data
2.2. Assumptions
 
3. Executive Summary
3.1. Research Highlights
 
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
 
5. Application Testing Services Market Analysis, By Testing Type
5.1. Introduction
5.2. Functionality Testing
5.3. Security Testing
5.4. Performance Testing
5.5. Compliance Testing
5.6. Others
 
6. Application Testing Services Market Analysis, By Service Type
6.1. Introduction
6.2. Professional Services
6.3. Managed Services
 
7. Application Testing Services Market Analysis, By Delivery Model
7.1. Introduction
7.2. Onshore
7.3. Offshore
7.4. Nearshore
7.5. Hybrid
 
8. Application Testing Services Market Analysis, By Enterprise Size
8.1. Introduction
8.2. Small 
8.3. Medium
8.4. Large
 
9. Application Testing Services Market Analysis, By Industry Vertical
9.1. Introduction
9.2. BFSI
9.3. IT and Telecom
9.4. Healthcare
9.5. Retail
9.6. Media and Entertainment
9.7. Logistics and Transportation
9.8. Government
9.9. Others
 
10. Application Testing Services Market Analysis, By Geography
10.1. Introduction
10.2. North America
10.2.1. North America Application Testing Services Market, By Service Type, 2019 to 2025
10.2.2. North America Application Testing Services Market, By Delivery Model, 2019 to 2025
10.2.3. North America Application Testing Services Market, By Enterprise Size, 2019 to 2025
10.2.4. North America Application Testing Services Market, By Industry Vertical, 2019 to 2025
10.2.5. By Country
10.2.5.1. USA
10.2.5.2. Canada
10.2.5.3. Mexico
10.3. South America
10.3.1. South America Application Testing Services Market, By Service Type, 2019 to 2025
10.3.2. South America Application Testing Services Market, By Delivery Model, 2019 to 2025
10.3.3. South America Application Testing Services Market, By Enterprise Size, 2019 to 2025
10.3.4. South America Application Testing Services Market, By Industry Vertical, 2019 to 2025
10.3.5. By Country
10.3.5.1. Brazil
10.3.5.2. Argentina
10.3.5.3. Others
10.4. Europe
10.4.1. Europe Application Testing Services Market, By Service Type, 2019 to 2025
10.4.2. Europe Application Testing Services Market, By Delivery Model, 2019 to 2025
10.4.3. Europe Application Testing Services Market, By Enterprise Size, 2019 to 2025
10.4.4. Europe Application Testing Services Market, By Industry Vertical, 2019 to 2025
10.4.5. By Country
10.4.5.1. Germany
10.4.5.2. France
10.4.5.3. United Kingdom
10.4.5.4. Spain
10.4.5.5. Others
10.5. Middle East and Africa
10.5.1. Middle East and Africa Application Testing Services Market, By Service Type, 2019 to 2025
10.5.2. Middle East and Africa Application Testing Services Market, By Delivery Model, 2019 to 2025
10.5.3. Middle East and Africa Application Testing Services Market, By Enterprise Size, 2019 to 2025
10.5.4. Middle East and Africa Application Testing Services Market, By Industry Vertical, 2019 to 2025
10.5.5. By Country
10.5.5.1. Saudi Arabia
10.5.5.2. UAE
10.5.5.3. Israel
10.5.5.4. Others
10.6. Asia Pacific
10.6.1. Asia Pacific Application Testing Services Market, By Service Type, 2019 to 2025
10.6.2. Asia Pacific Application Testing Services Market, By Delivery Model, 2019 to 2025
10.6.3. Asia Pacific Application Testing Services Market, By Enterprise Size, 2019 to 2025
10.6.4. Asia Pacific Application Testing Services Market, By Industry Vertical, 2019 to 2025
10.6.5. By Country
10.6.5.1. China
10.6.5.2. Japan
10.6.5.3. South Korea
10.6.5.4. India
10.6.5.5. Others
 
11. Competitive Environment and Analysis
11.1. Major Players and Strategy Analysis
11.2. Emerging Players and Market Lucrativeness
11.3. Mergers, Acquisitions, Agreements, and Collaborations
11.4. Vendor Competitiveness Matrix
 
12. Company Profiles 
12.1. Amazon Web Services, Inc.
12.2. IBM
12.3. Capgemini
12.4. Cognizant Technology Solutions
12.5. Accenture
12.6. Tata Consultancy Services Limited
12.7. Infosys Limited
12.8. Xoriant Corporation
12.9. Wipro
12.10. HCL Technologies Limited

Amazon Web Services, Inc.

IBM

Capgemini

Cognizant Technology Solutions

Accenture

Tata Consultancy Services Limited

Infosys Limited

Xoriant Corporation

Wipro

HCL Technologies Limited

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