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

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

LPI (LP Information)' newest research report, the “Software Testing Tools Industry Forecast” looks at past sales and reviews total world Software Testing Tools sales in 2022, providing a comprehensive analysis by region and market sector of projected Software Testing Tools sales for 2023 through 2029. With Software Testing Tools sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Software Testing Tools industry.

This Insight Report provides a comprehensive analysis of the global Software Testing Tools 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 Tools portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Software Testing Tools market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Software Testing Tools 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 Tools.

The global Software Testing Tools market size is projected to grow from US$ 2061.2 million in 2022 to US$ 3412.7 million in 2029; it is expected to grow at a CAGR of 7.5% from 2023 to 2029.

Global key players of software testing tools include Synopsys, Checkmarx, Veracode, Perforce, IBM, etc. The top five players hold a share over 29%. North America is the largest market, has a share about 37%. In terms of product type, Static Analysis Tool is the largest segment, occupied for a share of 25%, and in terms of application, BFSI has a share about 23 percent.

This report presents a comprehensive overview, market shares, and growth opportunities of Software Testing Tools market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Cloud Based
Web Based

Segmentation by application
Large Enterprises
SMEs

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.
Browsera
Tricentis
Testpad
PractiTest
Qmetry
Test Collab
Selenium
Testim
Gurock
Atlassian
AppliTools
Micro Focus
SmartBear
TestMonitor
21Labs
IBM
Xpand IT
Ranorex
Inflectra
Kobiton

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