As business applications more and more
integral part of the workflow, productivity, decision making and regulatory
compliance of a majority of organizations, ensuring the proper functioning of
these applications from functionality, accuracy, reliability, performance and
usability standpoints is as important as keeping those applications
current.
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Objectives of the study:
- To describe and forecast the
application testing services market on the basis of service type, testing
type, delivery model, organization size, vertical, and region
- To provide detailed
information regarding key factors influencing the market growth (drivers,
restraints, opportunities, and challenges)
- To analyze micro markets
with respect to individual growth trends, prospects, and contribution to
the overall market
- To forecast the market size
of segments based on service type, testing type, delivery model,
organization size, and vertical with respect to 5 main regions, namely,
North America, Europe, Asia Pacific (APAC), the Middle East & Africa
(MEA), and Latin America (LA)
- To analyze opportunities in
the market for stakeholders and draw a competitive landscape of the market
- To profile key market
players and comprehensively analyze their core competencies
- To track and analyze competitive
developments such as mergers & acquisitions, new product
launches/developments, and research & development activities in the
market
Over the past few years, there has been a steady rise in the number of cyber-attacks through web applications. Hence, security has become a major concern for the successful running of applications. Key players operating in the market include Wipro (India), Cognizant (US), TCS (India), Accenture (Ireland), Capgemini (France), IBM (US), and Infosys (India). These companies are focused on the adoption of various growth strategies such as partnerships and collaborations, mergers & acquisitions, new service launches, and business expansions to enhance their market share in the market.
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