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All systems go: Growth will continue despite foreign companies dominating the industry



Abstract

Software Testing Services

The Software Testing Services industry has grown over the five years to 2016. Outsourced testing services have experienced a surge in demand; nonetheless, rising business investment in software, increased adoption of cloud-based testing and growing reliance on outsourced IT services in general has sustained demand for onshore software testing services. The industry will experience moderate growth over the next five years. Favorable movements in business performance and continued expansion of service offerings will drive demand for testing services. In addition, the practice of outsourcing testing services will continue to grow in popularity, as more software developers see the value in hiring a dedicated firm to handle testing. However, increased reliance on offshored or nearshored testing services will ultimately limit the growth of the domestic industry.

This industry provides software testing services for clients, such as performance testing, stability testing, usability testing and security testing. This industry does not sell its own software, but it may use internally developed software to complete its testing tasks.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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Table Of Contents

Software Testing Services - Industry Market Research Report

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS and MARKETS
Supply Chain
Products and Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY

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