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Testing as a Service Market Set for Rapid Growth by 2027

 



(IT-NEWSWIRE.COM, April 05, 2019 ) The "Global Testing as a Service Market Analysis to 2027" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the testing as a service market with detailed market segmentation by organization size, product type, application, and geography. The global Testing as a Service market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Testing as a Service market players and offers key trends and opportunities in the market.

Testing as a Service (TaaS) is an outsourcing model which the service provider implements the testing actions related to the organization's business events instead of the workforce. At times, TaaS also called as on-demand testing. Services which are suitable for the TaaS model consist of testing of major ERP software, security testing, performance testing, automated regression testing, and monitoring/testing of cloud-based applications.

MARKET DYNAMICS
With an ongoing digital transformation, TaaS is receiving high adoption among varied enterprise sizes while lowering operational, maintenance overheads and investments. Also, compared to the traditional testing model, TaaS helps in saving a significant amount. These factors heavily influence the testing as a service market in a current scenario. Moreover, the use of artificial intelligence in application testing is forecasted to offer ample opportunities to the players operating in the testing as a service market.

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MARKET SEGMENTATION
The global testing as a service market is segmented on the basis of organization size, product type, and application. Based on organization size, the market is segmented into SMEs and large enterprises. On the basis of product type, the testing as a service market is segmented into automation testing, functionality testing, security testing, performance testing, compatibility testing, usability testing, compliance testing, and others. The testing as a service market on the basis of the application is classified into BFSI, retail and consumer goods, healthcare, energy and utilities, transportation and logistics, it and telecom, media and entertainment, and others.

REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Testing as a Service market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Testing as a Service market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the testing as a service market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the testing as a service in these regions.

MARKET PLAYERS
The reports cover key developments in the testing as a service market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from testing as a service market are anticipated to lucrative growth opportunities in the future with the rising demand for testing as a service in the global market. Below mentioned is the list of few companies engaged in the testing as a service market.

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The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Testing as a Service market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
· Accenture Plc
· Atos SE
· Capgemini
· Cognizant technology solutions corp.
· Deloitte
· DXC Technology Company
· Infosys Limited
· IBM Corporation
· Tata Consultancy Services Limited
· Qualitest

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

The Insight Partners

Sameer Joshi

+1-646-491-9876

sam@theinsightpartners.com

Source: EmailWire.Com

Source: EmailWire.com

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