Global Software Quality Assurance Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Software quality assurance involves methods of monitoring software engineering processes and approaches to ensure quality. Software quality assurance includes methods of monitoring software engineering approaches and processes to ensure quality. Software quality assurance comprises the entire software development process, counting definition, software design, source code control, coding, code reviews, software configuration management, testing, release management, and product integration. Furthermore, software quality assurance allows the end-use industries to offer better service to the customers and rationalize various workflows. The methods used in SQA are many and varied, and may require to conform to one or more standards, such as ISO 9000. Additionally, companies are offering software quality assurance and quality control services to the customers in order to implement software quality assurance and software testing strategies to improve the overall software development process, along with amplified customer satisfaction. Some of these software quality assurance strategies include performance testing, risk-based testing, installation and configuration, and software security testing.
Market Overview:
The latest research study on the global Software Quality Assurance market finds that the global Software Quality Assurance market reached a value of USD 1772.81 million in 2022. It’s expected that the market will achieve USD 3989.57 million by 2028, exhibiting a CAGR of 14.47% during the forecast period.
Since the outbreak of COVID-19, the demand for cloud-based solutions has seen a growth owing to remote working models being adopted by enterprises; however, various industries such as retail, manufacturing, BFSI, and others have seen a significant slump in their revenues during 2020. As Software Quality Assurance suppliers offer services to enterprises operating in such industries, they have also seen a decline in revenues and growth. The downstream industry is greatly affected by the epidemic, which in turn has affected the sales and consumption of Software Quality Assurance.
Nevertheless, the impact of COVID-19 on the Software Quality Assurance industry will involve all major links and all entities in the industry chain. The company's management efficiency has declined, commuting has been severely hindered, production plans have been severely hindered, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced, and company and employee revenue have declined. The government has also put forward higher requirements for the production and operation of enterprises. Although various industries around the world are gradually resuming work, production and demand will not pick up rapidly and substantially, and will require a certain recovery period.
Political Factors
Political Factors determine the extent to which a government may influence the economy or a certain industry. Factors such as the increasing importance of quality assurance, customer-centric production, and changes in standards and regulations are driving the demand for quality management software (QMS). Moreover, the need to register to the ISO 14001, ISO 90001, or other international standards to meet the demand, legislative requirements, competitive pricing, and to satisfy customers has become imperative to run businesses worldwide.
Technological Factors
Technological Factors pertain to innovations in technology that may affect the operations of the industry and the market favorably or unfavorably. This refers to automation, research and development and the amount of technological awareness that a market possesses. The growth of this market is primarily driven by the growing demand for QMS from end-users. Additionally, the large investments in research & development and the stringent rules & regulations to ensure the safety of workers at workplaces also help in bringing growth to the market. According to the history of the development in recent years and national statistics, the United States, Europe are leading the technology and have matured.
Region Overview:
In global comparison, a significant portion of the revenue was generated in North America (37.59% in 2021).
Company Overview:
A1QA is one of the major players operating in the Software Quality Assurance market, holding a share of 8.71% in 2021.
A1QA
Founded in 2003, a1qa is an 800+ strong independent software quality assurance provider offering full-cycle testing services, including QA audits and consulting, test automation, and QA outsourcing.
QASource, Inc
QASource's headquarters is in Pleasanton, California. QASource is a quality assurance and testing company that provides software, automation, performance and security testing solutions.
Segmentation Overview:
By type, Cloud segment accounted for the largest share of market in 2021.
Application Overview:
The market's largest segment by application is the segment Cyber Security Testing, with a market share of 11.26% in 2021.
Key Companies in the global Software Quality Assurance market covered in Chapter 3:
A1QA
Belatrix
Kanda Software
TestMatick
Onboard Security
QASource, Inc
DeviQA
Performance Lab
Parasoft Corporation
QA Consultants
BairesDev
Lighthouse Technologies
QA Mentor, Inc
Cigniti
XTGlobal
ImpactQA
TestingXperts
QualiTest Group
Digital Dream Forge
In Chapter 4 and Chapter 14.2, on the basis of types, the Software Quality Assurance market from 2018 to 2029 is primarily split into:
Cloud
On-premise
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Software Quality Assurance market from 2018 to 2029 covers:
Game Development
Automotive Software
Cyber Security Testing
Others (eCommerce, Intellectual Property, etc.)
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
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