NEW YORK, USA, January 18, 2022 (GLOBE NEWSWIRE) – Market Overview:
According to a comprehensive research report by Market Research Future (MRFR), “Software Quality Assurance Market Information by solution, by publication, by Organization Size and Region – Outlook to 2027“The market size is US$14.01 billion, with a compound annual growth rate of 9.6% by 2025.
Software Quality Assurance vendors offer a comprehensive range of software testing services and solutions to various organizations across industries. These vendors also provide highly trained and qualified Quality Assurance experts who can gain a practical and comprehensive understanding of the problems companies face and help them overcome those challenges. Vendors use software testing methodologies and applications, as well as software testing labs, to provide companies with services such as quality engineering, quality assurance, digital assurance, and software testing. Software testing professionals work on desktop computers, mobile devices, or applications to help companies improve time to market and increase ROI. The increasing demand to reduce the total cost of production through quality improvement is the driving force responsible for the growth of the market. The increasing demand for software quality assurance across sectors is expected to provide lucrative opportunities for major vendors in the global market. In addition, the introduction of advanced technologies such as analytics for quality assurance is another opportunity for market sellers. Moreover, data security related issues in cloud-based deployments are expected to be a limitation for market growth.
The major players dominating the Software Quality Assurance market are:
- Microsoft Corporation (USA)
- MetricStream Inc. (United State)
- Oracle Corporation (USA)
- Siemens AG (Germany)
- Unipoint Software Inc. (Canada)
- Iqms Inc. (United State)
- Pilgrim Quality Solution Inc. (United State)
- EtQ Management Consultants Inc. (United State)
- QT9 Program (US)
- Verse Solutions Inc. (United State)
- Cority Software Inc. (Canada)
- Enablon (France)
- Biovia Corp (US)
- SAP SE (Germany)
- Sparta Systems Corporation (USA)
Get a free sample PDF brochure:
Market segmentation covered by the research:
The global software quality assurance industry has been segmented based on solution, deployment, organization size, vertical, and region/country.
By solution, the global software quality assurance industry has been divided into supplier quality management, non-conformance/corrective and preventive, calibration management, change management, document control, audit management, complaint handling, employee training, and others.
By deployment, the global Software Quality Assurance industry has been segmented into cloud and local.
On the basis of enterprise size, the global software quality assurance industry has been segmented into small and medium-sized enterprises (SMEs) and large enterprises.
On the basis of vertical, the global software quality assurance industry has been segmented into healthcare, information and communications technology, defense and aerospace, transportation and logistics, manufacturing, consumer goods, retail and others.
Browse In-Depth Market Research Report (111 Pages) About Software Quality Assurance Market:
Geographical analysis of the worldwide Software Quality Assurance industry has been conducted for North America, Europe, Asia Pacific, Middle East, Africa, and South America.
North America had the largest market share, due to the strategic change in the organization’s adoption of software quality assurance solutions in response to the growing demand to reduce the total cost of production through quality improvement. The North American economy is divided into three parts: the United States, Canada, and Mexico. The United States leads the market in North America. It is the most technologically advanced country, and there is a growing need to improve regulatory effectiveness across sectors.
Europe is expected to be the second largest market during the review period, given the growing need for companies to comply with data protection regulations implemented by governments around the world. Cloud-based software quality assurance solution providers in European countries are required to comply with the European Data Protection Directive 1995 and the General Data Protection Regulation (GDPR).
During the forecast period, the Asia Pacific region is expected to be the fastest growing region in the global software quality assurance market. The growing adoption of software quality assurance solutions by large companies, as well as the increasing demand for cloud-based software quality assurance solutions, are the primary drivers of market growth in the Asia Pacific region.
Talk to an expert:
Impact of COVID-19 on the global market for software quality assurance
The introduction of a set of regulations by governments around the world to deal with the COVID-19 outbreak, such as the complete shutdown of manufacturing units, has been found to have an impact on the development of the global software quality assurance market.
The global market for software quality assurance is expanding rapidly with increasing demand from industries such as transportation and logistics, as well as manufacturing. The major players have chosen acquisitions, alliances and new product development to strengthen their market positions as their primary strategies for organic growth.
Software defined security market Research Report, Component (Solutions, Services), Point of Enforcement (Network Security Gateways, etc.), Deployment Mode (cloud, on-premises), End Users (Telecom and Cloud Service Providers) and[مدش]; Forecasts to 2027
Software as a Service Market, By Deployment (Public Cloud, Private Cloud, Hybrid Cloud), By End User (SMEs & Large Enterprises), By Industry (ICT, Entertainment, BFSI, Manufacturing, Healthcare, Retail) – Forecast 2020-2027
crypto software market, By Deployment (cloud, on-premises), By Service (Professional Service, Managed Service), By Enterprise Size (SMB, Large Enterprise), By Application (file/folder encryption) – 2027 Outlook
Software Licensing Market, by license type (proprietary license, GNU General Public License, End User License Agreement, workstation licenses, concurrent use license), by deployment (cloud-based, on-premises), by end user (government and defense, BFSI, education and research, Hospitals) – Outlook for 2027
On the future of market research:
Market Research Future (MRFR) is a global market research company that prides itself on its services, providing complete and accurate analysis in relation to diverse markets and consumers worldwide. Market Research Future has the distinct objective of providing optimum quality research and accurate customer research. Our market research studies by products, services, technologies, applications, end users and market players for global, regional and country market segments, enables our clients to see more, learn more and do more, helping answer your most important questions.
Follow us: LinkedIn | Twitter