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MarketsandMarkets forecasts the global 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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MarketsandMarkets Presents Continuous Testing Market worth 2.41 Billion USD by 2023 https://www.marketsandmarkets.com/Market-Reports/continuous-testing-market-189840521.html
According to a new market research report "Continuous Testing Market by Service (Professional Services and Managed Services), Interface (Web, Mobile, and Desktop), Deployment Type, Organization Size, Industry Vertical, and Region - Global Forecast to 2023", the continuous testing market size is expected to grow from USD 1.15 Billion in 2018 to USD 2.41 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 15.9% during the forecast period. Browse >> 66 Data Tables 48 Figures 147 Pagesand in-depth TOC on “Continuous Testing Market " https://www.marketsandmarkets.com/Market-Reports/continuous-testing-market-189840521.html Early buyers will receive 10% customization on this report.
The Banking, Financial Services, and Insurance (BFSI) industry vertical is expected to hold the largest market size during the forecast period. The Banking, Financial Services, and Insurance (BFSI) industry vertical includes commercial banks, insurance companies, non-banking financial companies, stock brokerage firms, and payment gateway providers. This industry vertical deals with critical financial data and different types of software; hence, it is a good contributor to the continuous testing market. The large enterprises segment is expected to hold the larger market share during the forecast period. Organizations with more than 1,000 employees have been categorized as large enterprises. The use of continuous testing in large enterprises is relatively higher as compared to that of Small and Medium-sized Enterprises (SMEs). This is due to the affordability and high economies of scale, which enable large organizations to benefit from continuous testing. https://www.marketsandmarkets.com/Market-Reports/continuous-testing-market-189840521.html
North America is expected to have the largest market size during the forecast period. North America is expected to be the largest contributor to the continuous testing market in terms of regional revenue. This region comprises developed countries, such as the US and Canada. North America is open to the adoption of new and emerging technologies, and its strong financial position enables it to invest majorly in leading tools and technologies for effective business operations. The need for reducing time in software development cycle in enterprises in the US and Canada has encouraged the adoption of continuous testing. The major vendors in the continuous testing market include Mindtree (India), EPAM Systems (US), HCL Technologies (India), Atos (France), Tech Mahindra (India), Hexaware (India), Tricentis (Austria), Cigniti (India), Larsen and Toubro Infotech (India), NIIT Technologies (India), CA Technologies (US), IBM (US), Capgemini (France), Spirent Communications (UK), Micro Focus (UK), Syntel (US), Cognizant (US). https://www.marketsandmarkets.com/Market-Reports/continuous-testing-market-189840521.html
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