Increase in need to reduce operational time and cost by enterprises drives the market. In addition, increase in technological complexities, costs, and security issues as well as rise in focus on developing innovative products propel the growth of the market. However, lack of skilled professionals limits the growth of this market.
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Furthermore, outsourcing of testing services to low-cost destinations and increase in adoption of outsourced testing services to avoid slow test turnaround, poor execution, and excessive software life cycle costs is expected to provide numerous opportunities for the market.
The testing as a Service (TaaS) market is segmented on the basis of end user, product type, and region. End user segment covered in the study include small and medium size enterprises (SMEs) and large enterprises.
Based on product type, the market is divided into functional testing, load testing, performance and benchmark testing, regression testing, specialized testing, and mobile application testing. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global testing as a service (TaaS) market is dominated by key players such as Capgemini, IBM Corporation, HCL Technologies Limited, HP Development Company, L.P., Wipro Limited, Accenture, Atos SE, Cognizant Technology Solutions Corp., Hexaware Technologies, and Infosys Limited.
Key Benefits
- The study provides an in-depth analysis of the global testing as a service (TaaS) market and current & future trends to elucidate the imminent investment pockets.
- Information about key drivers, restrains, and opportunities is provided.
- Porters Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of the global market from 2016 to 2023 is provided to determine the market potential.
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