Software Testing Market Size, 2024-2033; Growth Forecast & Industry Share Report

PUNE, India - Nov. 22, 2023 - PRLog -- During the projection period of 2024 to 2033, the global software testing market size is expected to expand from USD 47.25 billion to USD 103.5 billion, at a compound annual growth rate of 5.5%.

The software testing market is a thriving and rising subsector of the wider software industry. It encompasses a range of activities and products targeted to ensuring the superiority, effectiveness, and durability of software applications and systems. As software continues to play a critical role in many industries, the demand for dependable and error-free software has grown significantly. The worldwide demand for testing services from companies and service providers illustrates how international the software testing market is. As a result of the adoption of DevOps and Agile methodologies, there is an increased emphasis on continuous testing, where testing occurs throughout the software development process rather than as a separate phase.

DevOps mostly relies on test automation to make sure that software updates are thoroughly tested before being released. A few examples of test automation tools that are widely accessible and simple to integrate with DevOps workflows include Selenium, Appium, JUnit, TestNG, and Cucumber. DevOps encourages the use of Infrastructure as Code (IaC) tools like Terraform and Ansible, which permit the automated provisioning and configuration of test environments and ensure consistency and repeatability.

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Insights by Component

By the end of 2033, the market for application testing will have grown to a value of about USD 57.5 billion. The rapid digital change taking place in all industries has increased the demand for application testing services. Organisations are developing and updating digital products, such as online and mobile applications, and they must thoroughly test them to ensure that they work as intended.

Insights by Region

The software testing market in North America is expected to generate USD 46 billion in sales, up to 2033. North America has one of the largest and most diverse markets for software testing. This is due to the requirement for extensive software testing across numerous industries, including banking, healthcare, manufacturing, e-commerce, and technology.

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Asia Pacific is witnessing the fastest market growth between 2024 to 2033. Many APAC countries, including India, China, Japan, South Korea, and Singapore, have adopted rapid technological adoption and digital transformation programmes. As a result, there is a huge need for software testing services.

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