Application Testing Services Market by Service Type (Professional, Managed), Testing Type (Functionality, Security, Automation), Delivery Model (Onshore, Offshore), Organization Size, Vertical, and Region - Global Forecast to 2022
[125 Pages Report] The application testing services market was valued at USD 23.69 Billion in 2016 and is projected to reach USD 50.14 Billion by 2022, at a CAGR of 13.5% from 2017 to 2022. The base year considered for the study is 2016.
Objectives of the study:
- To describe and forecast the market on the basis of service type, testing type, delivery model, organization size, vertical, and region
- To provide detailed information regarding key factors influencing the market growth (drivers, restraints, opportunities, and challenges)
- To analyze micromarkets with respect to individual growth trends, prospects, and contribution to the overall market
- To forecast the market size of segments based on service type, testing type, delivery model, organization size, and vertical with respect to 5 main regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and Latin America (LA)
- To analyze opportunities in the market for stakeholders and draw a competitive landscape of the market
- To profile key market players and comprehensively analyze their core competencies
- To track and analyze competitive developments such as mergers & acquisitions, new product launches/developments, and research & development activities in the market
The research methodology used to estimate and forecast the application testing services market began with capturing data on key vendor revenues through secondary research. Secondary sources referred for this study included annual reports, white papers, certified publications, databases such as Factiva and Hoovers, press releases, and investor presentations of companies offering application testing services, as well as articles from recognized industry associations, statistics bureaus, and government publishing sources. Vendor offerings were also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of application testing services by estimating the revenues of key market players. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key individuals, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.
The breakdown of profiles of primary participants is depicted in the figure below:
To know about the assumptions considered for the study, download the pdf brochure
The application testing services market ecosystem includes key players, such as Wipro (India), Cognizant (US), TCS (India), Accenture (Ireland), Capgemini (France), IBM (US), and Infosys (India). These Application Testing Services Vendors are rated and listed by us on the basis of product quality, reliability, and their business strategy. Please visit 360Quadrants to see the vendor listing of Application Testing Services.
Key Target Audience for Application Testing Services Market
- Application Testing Service Providers
- Quality Assurance and Testing Service Vendors
- Mobile Application Testing Service Vendors
- Desktop & Web Application Testing Service Vendors
- Testing Consultants and Engineers
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The research report categorizes the application testing services market into the following segments and subsegments:
Application Testing Services Market By Service Type
- Professional Services
- Managed Services
Application Testing Services Market By Testing Type
- Functionality Testing
- Usability Testing
- Performance Testing
- Compatibility Testing
- Security Testing
- Compliance Testing
- Automation Testing
- Others (Localization Testing, Mobile Application Testing, and Crowdsourced Testing)
Application Testing Services Market By Delivery Model
- Onshore
- Offshore
- Nearshore
- Onsite
Application Testing Services Market By Organization Size
- Small & Medium Enterprises
- Large Enterprises
Application Testing Services Market By Vertical
- Telecom & IT
- BFSI
- Healthcare & Life Sciences
- Government & Public Sector
- Media & Entertainment
- Manufacturing
- Retail
- Energy & Utilities
- Logistics & Transportation
- Others (Education, Aerospace & Defense, and Automotive)
Application Testing Services Market By Region
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Available Customizations
Along with the given market data, MarketsandMarkets offers customization as per company-specific requirements. The following customization options are available for the report:
Geographic Analysis
- Further country-level breakdown of the North America application testing services market
- Further country-level breakdown of the Europe market
- Further country-level breakdown of the Asia Pacific market
- Further country-level breakdown of the Middle East & Africa market
- Further country-level breakdown of the Latin America market
Company Information
- Detailed analysis and profiles of additional market players
The application testing services market is estimated to be USD 26.59 Billion in 2017 and is projected to reach USD 50.14 Billion by 2022, at a CAGR of 13.5% from 2017 to 2022. The digital transformation of businesses and high demand for automated application testing services are key factors driving the growth of the market.
The market has been segmented on the basis of service type, testing type, delivery model, organization size, vertical, and region. Based on service type, the market has been categorized into managed services and professional services. Based on testing type, the market has been segmented into functionality testing, usability testing, performance testing, compatibility testing, security testing, compliance testing, automation testing, and others (localization testing, mobile application testing, and crowdsourced testing). Based on delivery model, the application testing services market has been segmented into onshore, offshore, nearshore, and onsite. Based on organization size, the market has been segmented into small & medium enterprises and large enterprises. Based on vertical, the market has been segmented into telecom & IT, BFSI, healthcare & life sciences, government & public sector, media & entertainment, manufacturing, retail, energy & utilities, logistics & transportation, and others (education, aerospace & defense, and automotive). Furthermore, based on region, the market has been classified into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
North America is estimated to be the largest market for application testing services in 2017. This region witnessed a high adoption of application testing services in large enterprises and SMEs, as testing services help improve the functionality, performance, usability, and consistency of applications. The application testing services market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period. The increasing adoption of application testing services in sectors, such as BFSI, telecom & IT, and retail, is anticipated to fuel the growth of the market in the Asia Pacific region.
A few restraining factors that affect the growth of the application testing services market include security concerns associated with the successful running of applications. Over the past few years, there has been a steady rise in the number of cyber-attacks through web applications. Hence, security has become a major concern for the successful running of applications. Key players operating in the market include Wipro (India), Cognizant (US), TCS (India), Accenture (Ireland), Capgemini (France), IBM (US), and Infosys (India). These companies are focused on the adoption of various growth strategies such as partnerships and collaborations, mergers & acquisitions, new service launches, and business expansions to enhance their market share in the market.
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Table of Contents
1 Introduction (Page No. - 13)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Stakeholders
2 Research Methodology (Page No. - 16)
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Research Assumptions & Limitations
2.3.1 Limitations
3 Executive Summary (Page No. - 22)
4 Premium Insights (Page No. - 27)
4.1 Attractive Opportunities in the Application Testing Services Market
4.2 Market By Service Type
4.3 Market By Delivery Model
4.4 Market By Vertical & Region
4.5 Market By Region
5 Market Overview & Industry Trends (Page No. - 31)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Digital Transformation of Businesses
5.2.1.2 Agile and Devops Methodologies for Seamless Running of Applications
5.2.1.3 Implementation of Automated Application Testing Services to Reduce Operational Costs and Enhance Quality Assurance
5.2.2 Restraints
5.2.2.1 Security Concerns Associated With Successful Running of Applications
5.2.3 Opportunities
5.2.3.1 Increasing Adoption of Mobile Applications at Workplaces
5.2.3.2 Artificial Intelligence (AI) in Application Testing
5.2.4 Challenges
5.2.4.1 Lack of Expertise and Reluctance Towards the Adoption of New Testing Methods
5.3 Industry Trends
5.3.1 Innovation Spotlight
5.3.2 Application Testing Services: Use Cases
5.3.2.1 Use Case 1: Role as A Strategic Quality Partner for Insurance Companies
5.3.2.2 Use Case 2: Testing Telecom Capability for A Leading Broadband Provider
6 Application Testing Services Market By Service Type (Page No. - 36)
6.1 Introduction
6.2 Professional Services
6.3 Managed Services
7 Market By Testing Type (Page No. - 40)
7.1 Introduction
7.2 Functionality Testing
7.3 Usability Testing
7.4 Performance Testing
7.5 Compatibility Testing
7.6 Security Testing
7.7 Compliance Testing
7.8 Automation Testing
7.9 Others
8 Application Testing Services Market By Delivery Model (Page No. - 47)
8.1 Introduction
8.2 Onshore
8.3 Offshore
8.4 Nearshore
8.5 Onsite
9 Market By Organization Size (Page No. - 52)
9.1 Introduction
9.2 Small & Medium Enterprises
9.3 Large Enterprises
10 Application Testing Services Market By Vertical (Page No. - 56)
10.1 Introduction
10.2 Telecom & IT
10.3 Banking, Financial Services, and Insurance (BFSI)
10.4 Healthcare & Life Sciences
10.5 Government & Public Sector
10.6 Media & Entertainment
10.7 Manufacturing
10.8 Retail
10.9 Energy & Utilities
10.10 Logistics & Transportation
10.11 Others
11 Regional Analysis (Page No. - 65)
11.1 Introduction
11.2 North America
11.3 Europe
11.4 Asia Pacific
11.5 Middle East & Africa
11.6 Latin America
12 Company Profiles (Page No. - 82)
(Business Overview, Product Offered, Scorecard of Product Offering, Scorecard of Business Strategy , and New Product Launch)
12.1 Wipro
12.2 Cognizant
12.3 TCS
12.4 Accenture
12.5 Capgemini
12.6 IBM
12.7 Infosys
12.8 DXC Technology
12.9 Deloitte
12.10 Qualitest
12.11 Tech Mahindra
12.12 SQS
*Details Might Not Be Captured in Case of Unlisted Companies.
13 Appendix (Page No. - 117)
13.1 Industry Excerpts
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.4 Introducing RT: Real-Time Market Intelligence
13.5 Available Customizations
13.6 Related Reports
13.7 Author Details
List of Tables (60 Tables)
Table 1 Application Testing Services Market Size and Growth Rate, 2015-2022 (USD Billion)
Table 2 Market Size, By Service Type, 2015-2022 (USD Billion)
Table 3 Professional Services: Market Size, By Region, 2015-2022 (USD Billion)
Table 4 Managed Services: Market Size, By Region, 2015-2022 (USD Billion)
Table 5 Application Testing Services Market Size, By Testing Type, 2015-2022 (USD Billion)
Table 6 Functionality Testing: Market Size, By Region, 2015-2022 (USD Billion)
Table 7 Usability Testing: Market Size, By Region, 2015-2022 (USD Billion )
Table 8 Performance Testing: Market Size, By Region, 2015-2022 (USD Billion)
Table 9 Compatibility Testing: Market Size, By Region, 2015-2022 (USD Billion)
Table 10 Security Testing: Market Size, By Region, 2015-2022 (USD Billion)
Table 11 Compliance Testing: Market Size, By Region, 2015-2022 (USD Billion )
Table 12 Automation Testing: Market Size, By Region, 2015-2022 (USD Billion)
Table 13 Others: Market Size, By Region, 2015-2022 (USD Billion)
Table 14 Application Testing Services Market Size, By Delivery Model, 2015-2022 (USD Billion)
Table 15 Onshore: Market Size, By Region, 2015-2022 (USD Billion)
Table 16 Offshore: Market Size, By Region, 2015-2022 (USD Billion)
Table 17 Nearshore: Market Size, By Region, 2015-2022 (USD Billion)
Table 18 Onsite: Market Size, By Region, 2015-2022 (USD Billion)
Table 19 Market Size, By Organization Size, 2015-2022 (USD Billion)
Table 20 Small & Medium Enterprises: Market Size, By Region, 2015-2022 (USD Billion)
Table 21 Small & Medium Enterprises: Market Size, By Delivery Model, 2015-2022 (USD Billion)
Table 22 Large Enterprises: Market Size, By Region, 2015-2022 (USD Billion)
Table 23 Large Enterprises: Market Size, By Delivery Model, 2015-2022 (USD Billion)
Table 24 Application Testing Services Market Size, By Vertical, 2015-2022 (USD Billion)
Table 25 Telecom & IT: Market Size, By Region, 2015-2022 (USD Billion)
Table 26 BFSI: Market Size, By Region, 2015-2022 (USD Billion)
Table 27 Healthcare & Life Sciences: Market Size, By Region, 2015-2022 (USD Billion)
Table 28 Government & Public Sector: Market Size, By Region, 2015-2022 (USD Billion)
Table 29 Media & Entertainment: Market Size, By Region, 2015-2022 (USD Billion)
Table 30 Manufacturing: Market Size, By Region, 2015-2022 (USD Billion)
Table 31 Retail: Market Size, By Region, 2015-2022 (USD Billion)
Table 32 Energy & Utilities: Market Size, By Region, 2015-2022 (USD Billion)
Table 33 Logistics & Transportation: Market Size, By Region, 2015-2022 (USD Billion )
Table 34 Others: Market Size, By Region, 2015-2022 (USD Billion)
Table 35 Application Testing Services Market Size, By Region, 2015-2022 (USD Billion)
Table 36 North America Market Size, By Service Type, 2015-2022 (USD Billion)
Table 37 North America Market Size, By Testing Type, 2015-2022 (USD Billion)
Table 38 North America Market Size, By Delivery Model, 2015-2022 (USD Billion)
Table 39 North America Market Size, By Organization Size, 2015-2022 (USD Billion)
Table 40 North America Market Size, By Vertical, 2015-2022 (USD Billion)
Table 41 Europe Market Size, By Service Type, 2015-2022 (USD Billion)
Table 42 Europe Market Size, By Testing Type, 2015-2022 (USD Billion)
Table 43 Europe Market Size, By Delivery Model, 2015-2022 (USD Billion)
Table 44 Europe Market Size, By Organization Size, 2015-2022 (USD Billion)
Table 45 Europe Market Size, By Vertical, 2015-2022 (USD Billion)
Table 46 Asia Pacific Application Testing Services Market Size, By Service Type, 2015-2022 (USD Billion)
Table 47 Asia Pacific Market Size, By Testing Type, 2015-2022 (USD Billion)
Table 48 Asia Pacific Market Size, By Delivery Model, 2015-2022 (USD Billion)
Table 49 Asia Pacific Market Size, By Organization Size, 2015-2022 (USD Billion)
Table 50 Asia Pacific Market Size, By Vertical, 2015-2022 (USD Billion)
Table 51 Middle East & Africa Market Size, By Service Type, 2015-2022 (USD Billion)
Table 52 Middle East & Africa Market Size, By Testing Type, 2015-2022 (USD Billion)
Table 53 Middle East & Africa Market Size, By Delivery Model, 2015-2022 (USD Billion)
Table 54 Middle East & Africa Market Size, By Organization Size, 2015-2022 (USD Billion)
Table 55 Middle East & Africa Market Size, By Vertical, 2015-2022 (USD Billion)
Table 56 Latin America Application Testing Services Market Size, By Service Type, 2015-2022 (USD Billion)
Table 57 Latin America Market Size, By Testing Type, 2015-2022 (USD Billion)
Table 58 Latin America Market Size, By Delivery Model, 2015-2022 (USD Billion)
Table 59 Latin America Market Size, By Organization Size, 2015-2022 (USD Billion)
Table 60 Latin America Market Size, By Vertical, 2015-2022 (USD Billion)
List of Figures (36 Figures)
Figure 1 Application Testing Services Market Segmentation
Figure 2 Market: Research Design
Figure 3 Data Triangulation
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Application Testing Services Market Assumptions
Figure 7 Market, By Service Type, 2017 & 2022 (USD Billion)
Figure 8 Market, By Testing Type, 2017 & 2022 (USD Billion)
Figure 9 Market, By Organization Size, 2017 & 2022 (USD Billion)
Figure 10 Market, By Vertical, 2017 & 2022 (USD Billion)
Figure 11 Application Testing Services Market, By Region
Figure 12 Digital Transformation of Businesses is Expected to Drive the Growth of the Market During the Forecast Period
Figure 13 Based on Service Type, the Managed Services Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 14 Based on Delivery Model, the Onshore Segment is Anticipated to Grow at the Highest CAGR During the Forecast Period
Figure 15 North America is Estimated to Account for the Largest Share of the Market in 2017
Figure 16 The Application Testing Services Market in Asia Pacific is Projected to Grow at the Highest CAGR From 2017 to 2022
Figure 17 Drivers, Restraints, Opportunities, and Challenges in the Market
Figure 18 The Managed Services Segment of the Market is Projected to Grow at A Higher CAGR During the Forecast Period as Compared to the Professional Services Segment
Figure 19 The Automation Testing Segment of the Market is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 20 The Onshore Segment of the Market is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 21 The Small & Medium Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period as Compared to the Large Enterprises Segment
Figure 22 The Manufacturing Segment of the Market is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 23 North America is Anticipated to Lead the Market From 2017 to 2022
Figure 24 Regional Snapshot: the Application Testing Services Market in Asia Pacific is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 25 North America Market Snapshot
Figure 26 Asia Pacific Market Snapshot
Figure 27 Wipro: Company Snapshot
Figure 28 Cognizant: Company Snapshot
Figure 29 TCS: Company Snapshot
Figure 30 Accenture: Company Snapshot
Figure 31 Capgemini: Company Snapshot
Figure 32 IBM: Company Snapshot
Figure 33 Infosys: Company Snapshot
Figure 34 DXC Technology: Company Snapshot
Figure 35 Tech Mahindra: Company Snapshot
Figure 36 SQS: Company Snapshot
Growth opportunities and latent adjacency in Application Testing Services Market