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Software Testing Market is Expected to Record CAGR of 6% over 2020 to 2026

Technologies like machine learning and AI are increasingly being integrated in software testing solutions of late. Its immense application in the BFSI, IT & Telecom, retail, manufacturing, healthcare, transportation & logistics industry is expected to fuel the growth of software testing market. Nowadays, several tech companies are focusing on developing advanced solution to accelerate the process of bug removal. With this, software firms can deliver high-quality applications within a shorter span of time.

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Software Testing Market is Expected to Record CAGR of 6% over 2020 to 2026

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  1. Software Testing Market Will Witness A Rapid Growth to 2026

  2. KeyInsights Software Testing Market : • Technologies like machine learning and AI are increasingly being integrated in software testing solutions of late. Its immense application in the BFSI, IT & Telecom, retail, manufacturing, healthcare, transportation & logistics industry is expected to fuel the growth of software testing market. Nowadays, several tech companies are focusing on developing advanced solution to accelerate the process of bug removal. With this, software firms can deliver high-quality applications within a shorter span of time. • Of all testing types, integration testing is slated to hold a major share in software testing market. It is commonly executed after unit testing and is mostly conducted to detect faults and defects among units and integrated components. In this testing, a single unit is merged and tested in the group.

  3. Continued… • Apart from this, surging demand for mobile & web applications has infused the need to integrate artificial intelligence in the software testing platforms. The technology helps in delivering superior software solutions with improved accuracy. Industry players are constantly developing new business strategies to deploy machine learning and AI primarily to reduce processing time and enhance service performance. • For instance, in April 2019, Atos inked a partnership agreement with Google Cloud to launch a new AI lab in Paris. The move would allow Atos to use Google’s AI platform to improve its data processing services and create advanced technologies. In addition to this, intensifying efforts to develop mobile applications for healthcare and retail industries is expected to expand the regression testing market outlook.

  4. Latest Research Software Testing Market @ https://bit.ly/365li6d Request for a Sample Copy of This Research Report @ https://bit.ly/2MIfQhQ

  5. Major Companies Software Testing Market : • Atos • Capgemini • CGI • Cigniti • Cognizant • CSC • HCL Tech • HPE • IBM

  6. Regional Software Testing Market : • Considering the regional landscape, North America is slated to hold a major share in global software testing market. This growth can be contributed to the presence of renowned software development firms in the region. Besides, increasing demand for digital health services in North America could further widen the horizon for software testing market. • In an attempt to capitalize on this promising market, several prominent players have started to adopt strategies like collaborations, acquisitions, technological innovations and mergers of late. Taking April 2018 for instance, Eurofins Digital Testing acquired U.K.-based software testing provider, Edge Testing Solution to expand its services such as functional, automated, managed and performance testing across numerous segments. Apart from Eurofins Digital Testing, Cognizant, Accenture, TCS, IBM, Amdocs, Infosys, Wipro, HCL Tech., Atos, and Capgemini are slated as few of the prominent players operating in the software testing industry.

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