Continuous Testing Market to Gain Highest Transaction in Coming years
Continuous testing market to grow from USD 1.01 Billion in 2017 to USD 2.41 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 15.9%
Continuous testing market to grow from USD 1.01 Billion in 2017 to USD 2.41 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 15.9%
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5/11/2018 <strong>Cont<strong>in</strong>uous</strong> <strong>Test<strong>in</strong>g</strong> <strong>Market</strong> Worth 2.41 Billion USD by 2023<br />
<strong>Cont<strong>in</strong>uous</strong> <strong>Test<strong>in</strong>g</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 />
Accord<strong>in</strong>g <strong>to</strong> a new market research report "<strong>Cont<strong>in</strong>uous</strong> <strong>Test<strong>in</strong>g</strong> <strong>Market</strong> by Service<br />
(Professional Services and Managed Services), Interface (Web, Mobile, and Desk<strong>to</strong>p),<br />
Deployment Type, Organization Size, Industry Vertical, and Region - Global Forecast <strong>to</strong> 2023",<br />
published by <strong>Market</strong>sand<strong>Market</strong>s, the market size is expected <strong>to</strong> grow from USD 1.15 Billion <strong>in</strong><br />
2018 <strong>to</strong> USD 2.41 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 15.9% dur<strong>in</strong>g<br />
the forecast period.<br />
(Logo: https://mma.prnewswire.com/media/660509/<strong>Market</strong>sand<strong>Market</strong>s_Logo.jpg )<br />
Browse 66 market data Tables and 48 Figures spread through 147 Pages and <strong>in</strong>-depth TOC<br />
on "<strong>Cont<strong>in</strong>uous</strong> <strong>Test<strong>in</strong>g</strong> <strong>Market</strong>"<br />
https://www.marketsandmarkets.com/<strong>Market</strong>-Reports/cont<strong>in</strong>uous-test<strong>in</strong>g-market-<br />
189840521.html<br />
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5/11/2018 <strong>Cont<strong>in</strong>uous</strong> <strong>Test<strong>in</strong>g</strong> <strong>Market</strong> Worth 2.41 Billion USD by 2023<br />
Early buyers will receive 10% cus<strong>to</strong>mization on this report<br />
The <strong>in</strong>creas<strong>in</strong>g adoption of IoT-enabled devices and advancements <strong>in</strong> Arti cial Intelligence (AI),<br />
neural networks, and mach<strong>in</strong>e learn<strong>in</strong>g technologies are expected <strong>to</strong> be the major drivers of<br />
the <strong>Cont<strong>in</strong>uous</strong> <strong>Test<strong>in</strong>g</strong> <strong>Market</strong>.<br />
North America is expected <strong>to</strong> have the largest market size dur<strong>in</strong>g the forecast period.<br />
North America is expected <strong>to</strong> be the largest contribu<strong>to</strong>r <strong>to</strong> the <strong>Cont<strong>in</strong>uous</strong> <strong>Test<strong>in</strong>g</strong> <strong>Market</strong> <strong>in</strong><br />
terms of regional revenue. This region comprises developed countries, such as the US and<br />
Canada. North America is open <strong>to</strong> the adoption of new and emerg<strong>in</strong>g technologies, and its<br />
strong nancial position enables it <strong>to</strong> <strong>in</strong>vest majorly <strong>in</strong> lead<strong>in</strong>g <strong>to</strong>ols and technologies for<br />
effective bus<strong>in</strong>ess operations. The need for reduc<strong>in</strong>g time <strong>in</strong> software development cycle <strong>in</strong><br />
enterprises <strong>in</strong> the US and Canada has encouraged the adoption of cont<strong>in</strong>uous test<strong>in</strong>g. This<br />
gives organizations <strong>in</strong> North America a competitive edge over other organizations from other<br />
regions.<br />
Inquiry Before Buy<strong>in</strong>g@ https://www.marketsandmarkets.com/Enquiry_Before_Buy<strong>in</strong>g.asp?<br />
id=189840521<br />
The Bank<strong>in</strong>g, F<strong>in</strong>ancial Services, and Insurance (BFSI) <strong>in</strong>dustry vertical is expected <strong>to</strong> hold the<br />
largest market size dur<strong>in</strong>g the forecast period.<br />
The Bank<strong>in</strong>g, F<strong>in</strong>ancial Services, and Insurance (BFSI) <strong>in</strong>dustry vertical <strong>in</strong>cludes commercial<br />
banks, <strong>in</strong>surance companies, non-bank<strong>in</strong>g nancial companies, s<strong>to</strong>ck brokerage rms, and<br />
payment gateway providers. This <strong>in</strong>dustry vertical deals with critical nancial data and different<br />
types of software; hence, it is a good contribu<strong>to</strong>r <strong>to</strong> the <strong>Cont<strong>in</strong>uous</strong> <strong>Test<strong>in</strong>g</strong> <strong>Market</strong>. Due <strong>to</strong><br />
cont<strong>in</strong>uous changes <strong>in</strong> the nancial environment, companies require different software <strong>to</strong> carry<br />
out critical operations. <strong>Cont<strong>in</strong>uous</strong> test<strong>in</strong>g <strong>in</strong> the BFSI <strong>in</strong>dustry vertical can help nancial and<br />
<strong>in</strong>surance companies ensure bus<strong>in</strong>ess-critical software rema<strong>in</strong> bug-free and stable.<br />
The large enterprises segment is expected <strong>to</strong> hold the larger market share dur<strong>in</strong>g the<br />
forecast period.<br />
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5/11/2018 <strong>Cont<strong>in</strong>uous</strong> <strong>Test<strong>in</strong>g</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 cont<strong>in</strong>uous test<strong>in</strong>g <strong>in</strong> large enterprises is relatively higher as compared <strong>to</strong> that of Small<br />
and Medium-sized Enterprises (SMEs). This is due <strong>to</strong> the affordability and high economies of<br />
scale, which enable large organizations <strong>to</strong> bene t from cont<strong>in</strong>uous test<strong>in</strong>g. Enterprises leave no<br />
s<strong>to</strong>ne unturned <strong>to</strong> compete <strong>in</strong> <strong>to</strong>day's cut-throat competitive market. Hence, they <strong>in</strong>vest<br />
signi cantly <strong>in</strong> au<strong>to</strong>mation test<strong>in</strong>g and build<strong>in</strong>g delivery pipel<strong>in</strong>es for optimiz<strong>in</strong>g the whole<br />
test<strong>in</strong>g process. All these services are favorably welcomed and highly adopted by large<br />
organizations.<br />
The major vendors <strong>in</strong> the <strong>Cont<strong>in</strong>uous</strong> <strong>Test<strong>in</strong>g</strong> <strong>Market</strong> <strong>in</strong>clude M<strong>in</strong>dtree (India), EPAM Systems<br />
(US), HCL Technologies (India), A<strong>to</strong>s (France), Tech Mah<strong>in</strong>dra (India), Hexaware (India), Tricentis<br />
(Austria), Cigniti (India), Larsen and Toubro Infotech (India), NIIT Technologies (India), CA<br />
Technologies (US), IBM (US), Capgem<strong>in</strong>i (France), Spirent Communications (UK), Micro Focus<br />
(UK), Syntel (US), Cognizant (US), Parasoft (US), Softcrylic (US), LogiGear (US), QualiTest (US),<br />
Testplant (UK), Vec<strong>to</strong>r Software (US), QA Men<strong>to</strong>r (US), and SmartBear Software (US).<br />
Know more about the <strong>Cont<strong>in</strong>uous</strong> <strong>Test<strong>in</strong>g</strong> <strong>Market</strong>:<br />
https://www.marketsandmarkets.com/<strong>Market</strong>-Reports/cont<strong>in</strong>uous-test<strong>in</strong>g-market-<br />
189840521.html<br />
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