Market Overview:
The global outsourced software testing market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The market growth is attributed to the increasing demand for quality and timely delivery of software products and services. The global outsourced software testing market by type is segmented into local deployment and cloud deployment. Local deployment held the largest share in 2017, owing to its low cost and easy availability of resources such as labor, infrastructure, etc., However, cloud deployment is expected to grow at a higher rate during the forecast period due its advantages such as scalability, flexibility, security, etc. The global outsourced software testing market by application is segmented into financial services IT & telecom logistics medicine other segments. Financial services held the largest share in 2017 due to the increasing demand for quality assurance in this sector across different geographies.
Product Definition:
Outsourced software testing is the process of using an external organization to test a software product. This can be done for a variety of reasons, such as reducing costs, increasing efficiency, and improving quality. Outsourcing can also help companies focus on their core competencies and reduce the time it takes to bring a product to market.
Local Deployment:
Local deployment is a method of deploying software applications and solutions at the user's site which is physically close to them. The main objective of local deployment is to reduce latency, thereby increasing the efficiency of services. It also helps in reducing maintenance costs as well as improves ease-of-use for end users.
The major advantage offered by this model is that it allows companies to focus on their core competencies rather than managing operations and maintaining servers, which are often times expensive.
Cloud Deployment:
Cloud deployment is a service model that allows the user to deploy applications and software solutions on a hosted platform. The cloud services comprise of Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS). It helps in reducing the maintenance cost, increase reliability, provides faster time to market for product development, improves scalability & flexibility along with providing better control over IT infrastructure.
Application Insights:
The software testing industry has witnessed tremendous growth over the past few years. This growth can be attributed to the increasing demand for automated solutions in order to reduce costs and increase efficiency. The financial services segment is expected to emerge as a prominent application segment over the forecast period owing to its growing need for automation.
The other application segments include healthcare, logistics, IT and others (such as media & entertainment). Testing of applications in these industries is critical due to high risk of data loss or corruption which may impact negatively on business operations if undetected. Thus, outsourcing testing in these sectors has become essential considering benefits such as cost savings and time efficiency offered by outsourced software testing services.
Regional Analysis:
North America accounted for the largest revenue share in 2017. The region is expected to maintain its lead over the forecast period owing to presence of a large number of software development companies and outsourcing hubs such as Silicon Valley, Seattle, and New York. These companies are increasingly focusing on offshore development centers in Asia Pacific countries due to low-cost labor force coupled with English language skills. Moreover, increasing demand for mobile & web applications is driving regional market growth.
Asia Pacific Outsourced Software Testing Market by Type (Local Deployment, Cloud Deployment), By Application (IT & telecom services sector, BFSI sector).
The Asia Pacific region is anticipated to witness significant growth over the forecast period owing to increasing investments from prominent players operating across various industry verticals including IT & telecom services; BFSI; retail; pharmaceuticals; logistics/warehousing etc.).
Growth Factors:
- Increased demand for quality and timely delivery of software products by businesses
- Rapid adoption of agile methodology for software development
- Proliferation of digital technologies and big data
- Emergence of cloud-based testing services
- Growing need to reduce the cost and time-to-market for software products
Scope Of The Report
Report Attributes
Report Details
Report Title
Outsourced Software Testing Market Research Report
By Type
Local Deployment, Cloud Deployment
By Application
Financial Services, IT, Logistics, Medicine, Other
By Companies
Accenture, Amdocs, HP, IBM, Atos, CGI, Cigniti Technologies, CSC, HCL Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Outsourced Software Testing Market Report Segments:
The global Outsourced Software Testing market is segmented on the basis of:
Types
Local Deployment, Cloud Deployment
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Financial Services, IT, Logistics, Medicine, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Accenture
- Amdocs
- HP
- IBM
- Atos
- CGI
- Cigniti Technologies
- CSC
- HCL Technologies
Highlights of The Outsourced Software Testing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Local Deployment
- Cloud Deployment
- By Application:
- Financial Services
- IT
- Logistics
- Medicine
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Outsourced Software Testing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Outsourced software testing is the process of contracting out the testing of software products to a third-party. This can be done in a number of ways, including through contract or project management services, or by using an independent software testing company.
Some of the major players in the outsourced software testing market are Accenture, Amdocs, HP, IBM, Atos, CGI, Cigniti Technologies, CSC, HCL Technologies.
The outsourced software testing market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Outsourced Software Testing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Outsourced Software Testing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Outsourced Software Testing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Outsourced Software Testing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Outsourced Software Testing Market Size & Forecast, 2018-2028
4.5.1 Outsourced Software Testing Market Size and Y-o-Y Growth
4.5.2 Outsourced Software Testing Market Absolute $ Opportunity
Chapter 5 Global Outsourced Software Testing Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Outsourced Software Testing Market Size Forecast by Type
5.2.1 Local Deployment
5.2.2 Cloud Deployment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Outsourced Software Testing Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Outsourced Software Testing Market Size Forecast by Applications
6.2.1 Financial Services
6.2.2 IT
6.2.3 Logistics
6.2.4 Medicine
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Outsourced Software Testing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Outsourced Software Testing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Outsourced Software Testing Analysis and Forecast
9.1 Introduction
9.2 North America Outsourced Software Testing Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Outsourced Software Testing Market Size Forecast by Type
9.6.1 Local Deployment
9.6.2 Cloud Deployment
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Outsourced Software Testing Market Size Forecast by Applications
9.10.1 Financial Services
9.10.2 IT
9.10.3 Logistics
9.10.4 Medicine
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Outsourced Software Testing Analysis and Forecast
10.1 Introduction
10.2 Europe Outsourced Software Testing Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Outsourced Software Testing Market Size Forecast by Type
10.6.1 Local Deployment
10.6.2 Cloud Deployment
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Outsourced Software Testing Market Size Forecast by Applications
10.10.1 Financial Services
10.10.2 IT
10.10.3 Logistics
10.10.4 Medicine
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Outsourced Software Testing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Outsourced Software Testing Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Outsourced Software Testing Market Size Forecast by Type
11.6.1 Local Deployment
11.6.2 Cloud Deployment
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Outsourced Software Testing Market Size Forecast by Applications
11.10.1 Financial Services
11.10.2 IT
11.10.3 Logistics
11.10.4 Medicine
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Outsourced Software Testing Analysis and Forecast
12.1 Introduction
12.2 Latin America Outsourced Software Testing Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Outsourced Software Testing Market Size Forecast by Type
12.6.1 Local Deployment
12.6.2 Cloud Deployment
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Outsourced Software Testing Market Size Forecast by Applications
12.10.1 Financial Services
12.10.2 IT
12.10.3 Logistics
12.10.4 Medicine
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Outsourced Software Testing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Outsourced Software Testing Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Outsourced Software Testing Market Size Forecast by Type
13.6.1 Local Deployment
13.6.2 Cloud Deployment
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Outsourced Software Testing Market Size Forecast by Applications
13.10.1 Financial Services
13.10.2 IT
13.10.3 Logistics
13.10.4 Medicine
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Outsourced Software Testing Market: Competitive Dashboard
14.2 Global Outsourced Software Testing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Accenture
14.3.2 Amdocs
14.3.3 HP
14.3.4 IBM
14.3.5 Atos
14.3.6 CGI
14.3.7 Cigniti Technologies
14.3.8 CSC
14.3.9 HCL Technologies
