Global Software Testing Market Growth (Status and Outlook) 2023-2029

Global Software Testing Market Growth (Status and Outlook) 2023-2029

LPI (LP Information)' newest research report, the “Software Testing Industry Forecast” looks at past sales and reviews total world Software Testing sales in 2022, providing a comprehensive analysis by region and market sector of projected Software Testing sales for 2023 through 2029. With Software Testing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Software Testing industry.
This Insight Report provides a comprehensive analysis of the global Software Testing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Software Testing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Software Testing market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Software Testing and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Software Testing.
The global Software Testing market size is projected to grow from US$ 82150 million in 2022 to US$ 270630 million in 2029; it is expected to grow at a CAGR of 18.6% from 2023 to 2029.
Global software testing includes Capgemini, Accenture, Wipro, Cognizant and HPE, etc. Global top 5 companies hold a share over 50%. North America is the largest market, with a share about 47%, followed by Europe and Asia Pacific（except China） with the share about 30% and 15%.In terms of product, automated test is the largest segment, with a share over 80%. And in terms of application, the largest application is mobile, followed by PC.
This report presents a comprehensive overview, market shares, and growth opportunities of Software Testing market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Automated Test
Manual Test
Segmentation by application
Mobile
PC
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Capgemini
Accenture
Wipro
Cognizant
HPE
Infosys
TCS
Hexaware Technologies
Testin
IBM
Tricentis
Worksoft
Eggplant
Neusoft
Alibaba Cloud
Baidu MTC
Tencent Wetest
Huaweicloud Cloudtest
Shanghai Bwf Software Tech

Please note: The report will take approximately 2 business days to prepare and deliver.