Global Outsourced Software Testing Market 2024-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	168 Pages	TechNavio	November, 2023	INF18367038

Best Price Guarantee
Price	from $2,500
Length	168 Pages
Publisher	TechNavio
Published Date	November, 2023
SKU	INF18367038

Global Outsourced Software Testing Market 2024-2028

The outsourced software testing market is forecasted to grow by USD 30.46 bn during 2023-2028, accelerating at a CAGR of 14.41% during the forecast period. The report on the outsourced software testing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased demand for mobile and web applications, increasing demand for cost-effective solution, and rise in adoption of digital transformation initiatives across various industries.

Technavio's outsourced software testing market is segmented as below:

By Product

Outsourced embedded software testing
Outsourced standalone software testing

By End-user

BFSI
Telecom and media
Retail
Others

By Geography

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the technological advancements in outsourced software testing as one of the prime reasons driving the outsourced software testing market growth during the next few years. Also, rise in adoption of agile and devops methodologies and emergence of blockchain technology and cryptocurrency-based applications will lead to sizable demand in the market.

The report on the outsourced software testing market covers the following areas:

Outsourced software testing market sizing
Outsourced software testing market forecast
Outsourced software testing market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading outsourced software testing market vendors that include Accenture Plc, Amdocs Ltd., Assystem S.A., Atos SE, Capgemini Service SAS, CGI Inc., Cigniti Technologies Ltd., Cognizant Technology Solutions Corp., HCL Technologies Ltd., Hewlett Packard Enterprise Co., Hexaware Technologies Ltd., Infosys Ltd., International Business Machines Corp., Larsen and Toubro Ltd., QASource, Sutherland Global Services Inc., Tata Consultancy Services Ltd., Tech Mahindra Ltd., Thinksoft Global Services Inc., and Wipro Ltd.. Also, the outsourced software testing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Global Market Characteristics
  - Table Executive Summary – Chart on Market by Geography
  - Table Executive Summary – Chart on Market Segmentation by Product
  - Table Executive Summary – Chart on Market Segmentation by End-user
  - Table Executive Summary – Chart on Incremental Growth
  - Table Executive Summary – Data Table on Incremental Growth
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2023
- Market outlook: Forecast for 2023-2028
  - Table Chart on Global - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
  - Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Historic Market Size
- Global outsourced software testing market 2018 - 2022
  - Table Historic Market Size – Data Table on global outsourced software testing market 2018 - 2022 ($ million)
- Product Segment Analysis 2018 - 2022
  - Table Historic Market Size – Product Segment 2018 - 2022 ($ million)
- End-user Segment Analysis 2018 - 2022
  - Table Historic Market Size – End-user Segment 2018 - 2022 ($ million)
- Geography Segment Analysis 2018 - 2022
  - Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
- Country Segment Analysis 2018 - 2022
  - Table Historic Market Size – Country Segment 2018 - 2022 ($ million)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2023 and 2028
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2023 and 2028
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2023 and 2028
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2023 and 2028
- Market condition
  - Table Chart on Market condition - Five forces 2023 and 2028
Market Segmentation by Product
- Market segments
  - Table Chart on Product - Market share 2023-2028 (%)
  - Table Data Table on Product - Market share 2023-2028 (%)
- Comparison by Product
  - Table Chart on Comparison by Product
  - Table Data Table on Comparison by Product
- Outsourced embedded software testing - Market size and forecast 2023-2028
  - Table Chart on Outsourced embedded software testing - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Outsourced embedded software testing - Market size and forecast 2023- 2028 ($ million)
  - Table Chart on Outsourced embedded software testing - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Outsourced embedded software testing - Year-over-year growth 2023-2028 (%)
- Outsourced standalone software testing - Market size and forecast 2023-2028
  - Table Chart on Outsourced standalone software testing - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Outsourced standalone software testing - Market size and forecast 2023- 2028 ($ million)
  - Table Chart on Outsourced standalone software testing - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Outsourced standalone software testing - Year-over-year growth 2023-2028 (%)
- Market opportunity by Product
  - Table Market opportunity by Product ($ million)
  - Table Data Table on Market opportunity by Product ($ million)
Market Segmentation by End-user
- Market segments
  - Table Chart on End-user - Market share 2023-2028 (%)
  - Table Data Table on End-user - Market share 2023-2028 (%)
- Comparison by End-user
  - Table Chart on Comparison by End-user
  - Table Data Table on Comparison by End-user
- BFSI - Market size and forecast 2023-2028
  - Table Chart on BFSI - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on BFSI - Market size and forecast 2023-2028 ($ million)
  - Table Chart on BFSI - Year-over-year growth 2023-2028 (%)
  - Table Data Table on BFSI - Year-over-year growth 2023-2028 (%)
- Telecom and media - Market size and forecast 2023- 2028
  - Table Chart on Telecom and media - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Telecom and media - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Telecom and media - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Telecom and media - Year-over-year growth 2023-2028 (%)
- Retail - Market size and forecast 2023-2028
  - Table Chart on Retail - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Retail - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Retail - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Retail - Year-over-year growth 2023-2028 (%)
- Others - Market size and forecast 2023-2028
  - Table Chart on Others - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Others - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Others - Year-over-year growth 2023-2028 (%)
- Market opportunity by End-user
  - Table Market opportunity by End-user ($ million)
  - Table Data Table on Market opportunity by End-user ($ million)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2023-2028 (%)
  - Table Data Table on Market share by geography 2023-2028 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- North America - Market size and forecast 2023-2028
  - Table Chart on North America - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
  - Table Chart on North America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on North America - Year-over-year growth 2023-2028 (%)
- Europe - Market size and forecast 2023-2028
  - Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Europe - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
- APAC - Market size and forecast 2023-2028
  - Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
  - Table Chart on APAC - Year-over-year growth 2023-2028 (%)
  - Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
- South America - Market size and forecast 2023-2028
  - Table Chart on South America - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
  - Table Chart on South America - Year-over-year growth 2023-2028 (%)
  - Table Data Table on South America - Year-over-year growth 2023-2028 (%)
- Middle East and Africa - Market size and forecast 2023- 2028
  - Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- US - Market size and forecast 2023-2028
  - Table Chart on US - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on US - Market size and forecast 2023-2028 ($ million)
  - Table Chart on US - Year-over-year growth 2023-2028 (%)
  - Table Data Table on US - Year-over-year growth 2023-2028 (%)
- Germany - Market size and forecast 2023-2028
  - Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Germany - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
- UK - Market size and forecast 2023-2028
  - Table Chart on UK - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on UK - Market size and forecast 2023-2028 ($ million)
  - Table Chart on UK - Year-over-year growth 2023-2028 (%)
  - Table Data Table on UK - Year-over-year growth 2023-2028 (%)
- China - Market size and forecast 2023-2028
  - Table Chart on China - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on China - Market size and forecast 2023-2028 ($ million)
  - Table Chart on China - Year-over-year growth 2023-2028 (%)
  - Table Data Table on China - Year-over-year growth 2023-2028 (%)
- Japan - Market size and forecast 2023-2028
  - Table Chart on Japan - Market size and forecast 2023-2028 ($ million)
  - Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
  - Table Chart on Japan - Year-over-year growth 2023-2028 (%)
  - Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ million)
  - Table Data Tables on Market opportunity by geography ($ million)
Drivers, Challenges, and Trends
- Market drivers
  - Increased demand for mobile and web applications
  - Increasing demand for cost-effective solution
- Market challenges
  - Data security and privacy concerns
  - High cost of outsourced software testing
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2023 and 2028
- Market trends
  - Technological advancements in outsourced software testing
  - Rise in adoption of Agile and DevOps methodologies
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- Accenture Plc
  - Table Accenture Plc - Overview
  - Table Accenture Plc - Business segments
  - Table Accenture Plc - Key news
  - Table Accenture Plc - Key offerings
  - Table Accenture Plc - Segment focus
- Atos SE
  - Table Atos SE - Overview
  - Table Atos SE - Business segments
  - Table Atos SE - Key news
  - Table Atos SE - Key offerings
  - Table Atos SE - Segment focus
- Capgemini Service SAS
  - Table Capgemini Service SAS - Overview
  - Table Capgemini Service SAS - Business segments
  - Table Capgemini Service SAS - Key news
  - Table Capgemini Service SAS - Key offerings
  - Table Capgemini Service SAS - Segment focus
- CGI Inc.
  - Table CGI Inc. - Overview
  - Table CGI Inc. - Business segments
  - Table CGI Inc. - Key news
  - Table CGI Inc. - Key offerings
  - Table CGI Inc. - Segment focus
- Cigniti Technologies Ltd.
  - Table Cigniti Technologies Ltd. - Overview
  - Table Cigniti Technologies Ltd. - Product / Service
  - Table Cigniti Technologies Ltd. - Key offerings
- Cognizant Technology Solutions Corp.
  - Table Cognizant Technology Solutions Corp. - Overview
  - Table Cognizant Technology Solutions Corp. - Business segments
  - Table Cognizant Technology Solutions Corp. - Key news
  - Table Cognizant Technology Solutions Corp. - Key offerings
  - Table Cognizant Technology Solutions Corp. - Segment focus
- HCL Technologies Ltd.
  - Table HCL Technologies Ltd. - Overview
  - Table HCL Technologies Ltd. - Business segments
  - Table HCL Technologies Ltd. - Key news
  - Table HCL Technologies Ltd. - Key offerings
  - Table HCL Technologies Ltd. - Segment focus
- Hewlett Packard Enterprise Co.
  - Table Hewlett Packard Enterprise Co. - Overview
  - Table Hewlett Packard Enterprise Co. - Business segments
  - Table Hewlett Packard Enterprise Co. - Key news
  - Table Hewlett Packard Enterprise Co. - Key offerings
  - Table Hewlett Packard Enterprise Co. - Segment focus
- Infosys Ltd.
  - Table Infosys Ltd. - Overview
  - Table Infosys Ltd. - Business segments
  - Table Infosys Ltd. - Key news
  - Table Infosys Ltd. - Key offerings
  - Table Infosys Ltd. - Segment focus
- International Business Machines Corp.
  - Table International Business Machines Corp. - Overview
  - Table International Business Machines Corp. - Business segments
  - Table International Business Machines Corp. - Key news
  - Table International Business Machines Corp. - Key offerings
  - Table International Business Machines Corp. - Segment focus
- Larsen and Toubro Ltd.
  - Table Larsen and Toubro Ltd. - Overview
  - Table Larsen and Toubro Ltd. - Business segments
  - Table Larsen and Toubro Ltd. - Key news
  - Table Larsen and Toubro Ltd. - Key offerings
  - Table Larsen and Toubro Ltd. - Segment focus
- Sutherland Global Services Inc.
  - Table Sutherland Global Services Inc. - Overview
  - Table Sutherland Global Services Inc. - Product / Service
  - Table Sutherland Global Services Inc. - Key offerings
- Tech Mahindra Ltd.
  - Table Tech Mahindra Ltd. - Overview
  - Table Tech Mahindra Ltd. - Business segments
  - Table Tech Mahindra Ltd. - Key offerings
  - Table Tech Mahindra Ltd. - Segment focus
- Thinksoft Global Services Inc.
  - Table Thinksoft Global Services Inc. - Overview
  - Table Thinksoft Global Services Inc. - Product / Service
  - Table Thinksoft Global Services Inc. - Key offerings
- Wipro Ltd.
  - Table Wipro Ltd. - Overview
  - Table Wipro Ltd. - Business segments
  - Table Wipro Ltd. - Key news
  - Table Wipro Ltd. - Key offerings
  - Table Wipro Ltd. - Segment focus
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations