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5/11/2018 <strong>Continuous</strong> <strong>Testing</strong> <strong>Market</strong> Worth 2.41 Billion USD by 2023<br />
<strong>Continuous</strong> <strong>Testing</strong> <strong>Market</strong> Worth 2.41<br />
Billion USD by 2023<br />
NEWS PROVIDED BY<br />
<strong>Market</strong>sand<strong>Market</strong>s <br />
Apr 27, 2018, 11:30 ET<br />
PUNE, India, April 27, 2018 /PRNewswire/ --<br />
According to a new market research report "<strong>Continuous</strong> <strong>Testing</strong> <strong>Market</strong> by Service<br />
(Professional Services and Managed Services), Interface (Web, Mobile, and Desktop),<br />
Deployment Type, Organization Size, Industry Vertical, and Region - Global Forecast to 2023",<br />
published by <strong>Market</strong>sand<strong>Market</strong>s, the market size is expected to grow from USD 1.15 Billion in<br />
2018 to USD 2.41 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 15.9% during<br />
the forecast period.<br />
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Browse 66 market data Tables and 48 Figures spread through 147 Pages and in-depth TOC<br />
on "<strong>Continuous</strong> <strong>Testing</strong> <strong>Market</strong>"<br />
https://www.marketsandmarkets.com/<strong>Market</strong>-Reports/continuous-testing-market-<br />
189840521.html<br />
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5/11/2018 <strong>Continuous</strong> <strong>Testing</strong> <strong>Market</strong> Worth 2.41 Billion USD by 2023<br />
Early buyers will receive 10% customization on this report<br />
The increasing adoption of IoT-enabled devices and advancements in Arti cial Intelligence (AI),<br />
neural networks, and machine learning technologies are expected to be the major drivers of<br />
the <strong>Continuous</strong> <strong>Testing</strong> <strong>Market</strong>.<br />
North America is expected to have the largest market size during the forecast period.<br />
North America is expected to be the largest contributor to the <strong>Continuous</strong> <strong>Testing</strong> <strong>Market</strong> in<br />
terms of regional revenue. This region comprises developed countries, such as the US and<br />
Canada. North America is open to the adoption of new and emerging technologies, and its<br />
strong nancial position enables it to invest majorly in leading tools and technologies for<br />
effective business operations. The need for reducing time in software development cycle in<br />
enterprises in the US and Canada has encouraged the adoption of continuous testing. This<br />
gives organizations in North America a competitive edge over other organizations from other<br />
regions.<br />
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id=189840521<br />
The Banking, Financial Services, and Insurance (BFSI) industry vertical is expected to hold the<br />
largest market size during the forecast period.<br />
The Banking, Financial Services, and Insurance (BFSI) industry vertical includes commercial<br />
banks, insurance companies, non-banking nancial companies, stock brokerage rms, and<br />
payment gateway providers. This industry vertical deals with critical nancial data and different<br />
types of software; hence, it is a good contributor to the <strong>Continuous</strong> <strong>Testing</strong> <strong>Market</strong>. Due to<br />
continuous changes in the nancial environment, companies require different software to carry<br />
out critical operations. <strong>Continuous</strong> testing in the BFSI industry vertical can help nancial and<br />
insurance companies ensure business-critical software remain bug-free and stable.<br />
The large enterprises segment is expected to hold the larger market share during the<br />
forecast period.<br />
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5/11/2018 <strong>Continuous</strong> <strong>Testing</strong> <strong>Market</strong> Worth 2.41 Billion USD by 2023<br />
Organizations with more than 1,000 employees have been categorized as large enterprises. The<br />
use of continuous testing in large enterprises is relatively higher as compared to that of Small<br />
and Medium-sized Enterprises (SMEs). This is due to the affordability and high economies of<br />
scale, which enable large organizations to bene t from continuous testing. Enterprises leave no<br />
stone unturned to compete in today's cut-throat competitive market. Hence, they invest<br />
signi cantly in automation testing and building delivery pipelines for optimizing the whole<br />
testing process. All these services are favorably welcomed and highly adopted by large<br />
organizations.<br />
The major vendors in the <strong>Continuous</strong> <strong>Testing</strong> <strong>Market</strong> include Mindtree (India), EPAM Systems<br />
(US), HCL Technologies (India), Atos (France), Tech Mahindra (India), Hexaware (India), Tricentis<br />
(Austria), Cigniti (India), Larsen and Toubro Infotech (India), NIIT Technologies (India), CA<br />
Technologies (US), IBM (US), Capgemini (France), Spirent Communications (UK), Micro Focus<br />
(UK), Syntel (US), Cognizant (US), Parasoft (US), Softcrylic (US), LogiGear (US), QualiTest (US),<br />
Testplant (UK), Vector Software (US), QA Mentor (US), and SmartBear Software (US).<br />
Know more about the <strong>Continuous</strong> <strong>Testing</strong> <strong>Market</strong>:<br />
https://www.marketsandmarkets.com/<strong>Market</strong>-Reports/continuous-testing-market-<br />
189840521.html<br />
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5/11/2018 <strong>Continuous</strong> <strong>Testing</strong> <strong>Market</strong> Worth 2.41 Billion USD by 2023<br />
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