1 INTRODUCTION 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 MARKET SCOPE 14
1.3.1 YEARS CONSIDERED FOR THE STUDY 15
1.4 CURRENCY 15
1.5 STAKEHOLDERS 15

2 RESEARCH METHODOLOGY 16
2.1 RESEARCH DATA 16
2.1.1 SECONDARY DATA 17
2.1.2 PRIMARY DATA 17
2.1.2.1 Breakdown of primaries 17
2.1.2.2 Key industry insights 18
2.2 MARKET SIZE ESTIMATION 19
2.3 RESEARCH ASSUMPTIONS & LIMITATIONS 21
2.3.1 LIMITATIONS 21

3 EXECUTIVE SUMMARY 22

4 PREMIUM INSIGHTS 27
4.1 ATTRACTIVE OPPORTUNITIES IN THE APPLICATION TESTING SERVICES MARKET 27
4.2 APPLICATION TESTING SERVICES MARKET, BY SERVICE TYPE 27
4.3 APPLICATION TESTING SERVICES MARKET, BY DELIVERY MODEL 28
4.4 APPLICATION TESTING SERVICES MARKET, BY VERTICAL & REGION 29
4.5 APPLICATION TESTING SERVICES MARKET, BY REGION 30

5 MARKET OVERVIEW & INDUSTRY TRENDS 31
5.1 INTRODUCTION 31
5.2 MARKET DYNAMICS 31
5.2.1 DRIVERS 32
5.2.1.1 Digital transformation of businesses 32
5.2.1.2 Agile and DevOps methodologies for seamless running of applications 32
5.2.1.3 Implementation of automated application testing services to reduce operational costs and enhance quality assurance 32
5.2.2 RESTRAINTS 32
5.2.2.1 Security concerns associated with successful running of applications 32
5.2.3 OPPORTUNITIES 33
5.2.3.1 Increasing adoption of mobile applications at workplaces 33
5.2.3.2 Artificial Intelligence (AI) in application testing 33
5.2.4 CHALLENGES 33
5.2.4.1 Lack of expertise and reluctance towards the adoption of new testing methods 33
5.3 INDUSTRY TRENDS 34
5.3.1 INNOVATION SPOTLIGHT 34
5.3.2 APPLICATION TESTING SERVICES: USE CASES 34
5.3.2.1 USE CASE 1: ROLE AS A STRATEGIC QUALITY PARTNER FOR INSURANCE COMPANIES 34
5.3.2.2 USE CASE 2: TESTING TELECOM CAPABILITY FOR A LEADING BROADBAND PROVIDER 35

6 APPLICATION TESTING SERVICES MARKET, BY SERVICE TYPE 36
6.1 INTRODUCTION 37
6.2 PROFESSIONAL SERVICES 38
6.3 MANAGED SERVICES 39

7 APPLICATION TESTING SERVICES MARKET, BY TESTING TYPE 40
7.1 INTRODUCTION 41
7.2 FUNCTIONALITY TESTING 42
7.3 USABILITY TESTING 42
7.4 PERFORMANCE TESTING 43
7.5 COMPATIBILITY TESTING 44
7.6 SECURITY TESTING 44
7.7 COMPLIANCE TESTING 45
7.8 AUTOMATION TESTING 45
7.9 OTHERS 46

8 APPLICATION TESTING SERVICES MARKET, BY DELIVERY MODEL 47
8.1 INTRODUCTION 48
8.2 ONSHORE 49
8.3 OFFSHORE 49
8.4 NEARSHORE 50
8.5 ONSITE 51

9 APPLICATION TESTING SERVICES MARKET, BY ORGANIZATION SIZE 52
9.1 INTRODUCTION 53
9.2 SMALL & MEDIUM ENTERPRISES 54
9.3 LARGE ENTERPRISES 55

10 APPLICATION TESTING SERVICES MARKET, BY VERTICAL 56
10.1 INTRODUCTION 57
10.2 TELECOM & IT 58
10.3 BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI) 58
10.4 HEALTHCARE & LIFE SCIENCES 59
10.5 GOVERNMENT & PUBLIC SECTOR 60
10.6 MEDIA & ENTERTAINMENT 60
10.7 MANUFACTURING 61
10.8 RETAIL 61
10.9 ENERGY & UTILITIES 62
10.10 LOGISTICS & TRANSPORTATION 63
10.11 OTHERS 64

11 REGIONAL ANALYSIS 65
11.1 INTRODUCTION 66
11.2 NORTH AMERICA 68
11.3 EUROPE 71
11.4 ASIA PACIFIC 73
11.5 MIDDLE EAST & AFRICA 77
11.6 LATIN AMERICA 79

12 COMPANY PROFILES 82
(Business Overview, Products Offered, Scorecard of Product Offering, Scorecard of Business Strategy, and New Product Launch)
12.1 WIPRO 82
12.2 COGNIZANT 85
12.3 TCS 88
12.4 ACCENTURE 91
12.5 CAPGEMINI 94
12.6 IBM 97
12.7 INFOSYS 100
12.8 DXC TECHNOLOGY 103
12.9 DELOITTE 106
12.10 QUALITEST 108
12.11 TECH MAHINDRA 111
12.12 SQS 114
*Details might not be captured in case of unlisted companies

13 APPENDIX 117
13.1 INDUSTRY EXCERPTS 117
13.2 DISCUSSION GUIDE 118
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL 121
13.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 123
13.5 AVAILABLE CUSTOMIZATIONS 124
13.6 RELATED REPORTS 124
13.7 AUTHOR DETAILS 125

LIST OF TABLES
TABLE 1 APPLICATION TESTING SERVICES MARKET SIZE AND GROWTH RATE, 2015-2022 (USD BILLION) 23
TABLE 2 APPLICATION TESTING SERVICES MARKET SIZE, BY SERVICE TYPE, 2015-2022 (USD BILLION) 37
TABLE 3 PROFESSIONAL SERVICES: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION) 38
TABLE 4 MANAGED SERVICES: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION) 39
TABLE 5 APPLICATION TESTING SERVICES MARKET SIZE, BY TESTING TYPE, 2015-2022 (USD BILLION) 41
TABLE 6 FUNCTIONALITY TESTING: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION) 42
TABLE 7 USABILITY TESTING: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION ) 43
TABLE 8 PERFORMANCE TESTING: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION) 43
TABLE 9 COMPATIBILITY TESTING: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION) 44
TABLE 10 SECURITY TESTING: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION) 44
TABLE 11 COMPLIANCE TESTING: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION ) 45
TABLE 12 AUTOMATION TESTING: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION) 45
TABLE 13 OTHERS: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION) 46
TABLE 14 APPLICATION TESTING SERVICES MARKET SIZE, BY DELIVERY MODEL, 2015-2022 (USD BILLION) 48
TABLE 15 ONSHORE: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION) 49
TABLE 16 OFFSHORE: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION) 49
TABLE 17 NEARSHORE: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION) 50
TABLE 18 ONSITE: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION) 51
TABLE 19 APPLICATION TESTING SERVICES MARKET SIZE, BY ORGANIZATION SIZE, 2015-2022 (USD BILLION) 53
TABLE 20 SMALL & MEDIUM ENTERPRISES: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION) 54
TABLE 21 SMALL & MEDIUM ENTERPRISES: APPLICATION TESTING SERVICES MARKET SIZE, BY DELIVERY MODEL, 2015-2022 (USD BILLION) 54
TABLE 22 LARGE ENTERPRISES: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION) 55
TABLE 23 LARGE ENTERPRISES: APPLICATION TESTING SERVICES MARKET SIZE, BY DELIVERY MODEL, 2015-2022 (USD BILLION) 55
TABLE 24 APPLICATION TESTING SERVICES MARKET SIZE, BY VERTICAL, 2015-2022 (USD BILLION) 57
TABLE 25 TELECOM & IT: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION) 58
TABLE 26 BFSI: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION) 58
TABLE 27 HEALTHCARE & LIFE SCIENCES: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION) 59
TABLE 28 GOVERNMENT & PUBLIC SECTOR: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION) 60
TABLE 29 MEDIA & ENTERTAINMENT: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION) 60
TABLE 30 MANUFACTURING: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION) 61
TABLE 31 RETAIL: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION) 62
TABLE 32 ENERGY & UTILITIES: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION) 62
TABLE 33 LOGISTICS & TRANSPORTATION: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION ) 63
TABLE 34 OTHERS: APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION) 64
TABLE 35 APPLICATION TESTING SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD BILLION) 66
TABLE 36 NORTH AMERICA APPLICATION TESTING SERVICES MARKET SIZE, BY SERVICE TYPE, 2015-2022 (USD BILLION) 69
TABLE 37 NORTH AMERICA APPLICATION TESTING SERVICES MARKET SIZE, BY TESTING TYPE, 2015-2022 (USD BILLION) 69
TABLE 38 NORTH AMERICA APPLICATION TESTING SERVICES MARKET SIZE, BY DELIVERY MODEL, 2015-2022 (USD BILLION) 70
TABLE 39 NORTH AMERICA APPLICATION TESTING SERVICES MARKET SIZE, BY ORGANIZATION SIZE, 2015-2022 (USD BILLION) 70
TABLE 40 NORTH AMERICA APPLICATION TESTING SERVICES MARKET SIZE, BY VERTICAL, 2015-2022 (USD BILLION) 70
TABLE 41 EUROPE APPLICATION TESTING SERVICES MARKET SIZE, BY SERVICE TYPE, 2015-2022 (USD BILLION) 71
TABLE 42 EUROPE APPLICATION TESTING SERVICES MARKET SIZE, BY TESTING TYPE, 2015-2022 (USD BILLION) 71
TABLE 43 EUROPE APPLICATION TESTING SERVICES MARKET SIZE, BY DELIVERY MODEL, 2015-2022 (USD BILLION) 72
TABLE 44 EUROPE APPLICATION TESTING SERVICES MARKET SIZE, BY ORGANIZATION SIZE, 2015-2022 (USD BILLION) 72
TABLE 45 EUROPE APPLICATION TESTING SERVICES MARKET SIZE, BY VERTICAL, 2015-2022 (USD BILLION) 73
TABLE 46 ASIA PACIFIC APPLICATION TESTING SERVICES MARKET SIZE, BY SERVICE TYPE, 2015-2022 (USD BILLION) 75
TABLE 47 ASIA PACIFIC APPLICATION TESTING SERVICES MARKET SIZE, BY TESTING TYPE, 2015-2022 (USD BILLION) 75
TABLE 48 ASIA PACIFIC APPLICATION TESTING SERVICES MARKET SIZE, BY DELIVERY MODEL, 2015-2022 (USD BILLION) 75
TABLE 49 ASIA PACIFIC APPLICATION TESTING SERVICES MARKET SIZE, BY ORGANIZATION SIZE, 2015-2022 (USD BILLION) 76
TABLE 50 ASIA PACIFIC APPLICATION TESTING SERVICES MARKET SIZE, BY VERTICAL, 2015-2022 (USD BILLION) 76
TABLE 51 MIDDLE EAST & AFRICA APPLICATION TESTING SERVICES MARKET SIZE, BY SERVICE TYPE, 2015-2022 (USD BILLION) 77
TABLE 52 MIDDLE EAST & AFRICA APPLICATION TESTING SERVICES MARKET SIZE, BY TESTING TYPE, 2015-2022 (USD BILLION) 77
TABLE 53 MIDDLE EAST & AFRICA APPLICATION TESTING SERVICES MARKET SIZE, BY DELIVERY MODEL, 2015-2022 (USD BILLION) 78
TABLE 54 MIDDLE EAST & AFRICA APPLICATION TESTING SERVICES MARKET SIZE, BY ORGANIZATION SIZE, 2015-2022 (USD BILLION) 78
TABLE 55 MIDDLE EAST & AFRICA APPLICATION TESTING SERVICES MARKET SIZE, BY VERTICAL, 2015-2022 (USD BILLION) 79
TABLE 56 LATIN AMERICA APPLICATION TESTING SERVICES MARKET SIZE, BY SERVICE TYPE, 2015-2022 (USD BILLION) 79
TABLE 57 LATIN AMERICA APPLICATION TESTING SERVICES MARKET SIZE, BY TESTING TYPE, 2015-2022 (USD BILLION) 80
TABLE 58 LATIN AMERICA APPLICATION TESTING SERVICES MARKET SIZE, BY DELIVERY MODEL, 2015-2022 (USD BILLION) 80
TABLE 59 LATIN AMERICA APPLICATION TESTING SERVICES MARKET SIZE, BY ORGANIZATION SIZE, 2015-2022 (USD BILLION) 81
TABLE 60 LATIN AMERICA APPLICATION TESTING SERVICES MARKET SIZE, BY VERTICAL, 2015-2022 (USD BILLION) 81

LIST OF FIGURES
FIGURE 1 APPLICATION TESTING SERVICES MARKET SEGMENTATION 14
FIGURE 2 APPLICATION TESTING SERVICES MARKET: RESEARCH DESIGN 16
FIGURE 3 DATA TRIANGULATION 19
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 20
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 20
FIGURE 6 APPLICATION TESTING SERVICES MARKET: ASSUMPTIONS 21
FIGURE 7 APPLICATION TESTING SERVICES MARKET, BY SERVICE TYPE, 2017 & 2022 (USD BILLION) 23
FIGURE 8 APPLICATION TESTING SERVICES MARKET, BY TESTING TYPE, 2017 & 2022 (USD BILLION) 24
FIGURE 9 APPLICATION TESTING SERVICES MARKET, BY ORGANIZATION SIZE, 2017 & 2022 (USD BILLION) 24
FIGURE 10 APPLICATION TESTING SERVICES MARKET, BY VERTICAL, 2017 & 2022 (USD BILLION) 25
FIGURE 11 APPLICATION TESTING SERVICES MARKET, BY REGION 26
FIGURE 12 DIGITAL TRANSFORMATION OF BUSINESSES IS EXPECTED TO DRIVE THE GROWTH OF THE APPLICATION TESTING SERVICES MARKET DURING THE FORECAST PERIOD 27
FIGURE 13 BASED ON SERVICE TYPE, THE MANAGED SERVICES SEGMENT IS PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 27
FIGURE 14 BASED ON DELIVERY MODEL, THE ONSHORE SEGMENT IS ANTICIPATED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 28
FIGURE 15 NORTH AMERICA IS ESTIMATED TO ACCOUNT FOR THE LARGEST SHARE OF THE APPLICATION TESTING SERVICES MARKET IN 2017 29
FIGURE 16 THE APPLICATION TESTING SERVICES MARKET IN ASIA PACIFIC IS PROJECTED TO GROW AT THE HIGHEST CAGR FROM 2017 TO 2022 30
FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN THE APPLICATION TESTING SERVICES MARKET 31
FIGURE 18 THE MANAGED SERVICES SEGMENT OF THE APPLICATION TESTING SERVICES MARKET IS PROJECTED TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD AS COMPARED TO THE PROFESSIONAL SERVICES SEGMENT 37
FIGURE 19 THE AUTOMATION TESTING SEGMENT OF THE APPLICATION TESTING SERVICES MARKET IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 41
FIGURE 20 THE ONSHORE SEGMENT OF THE APPLICATION TESTING SERVICES MARKET IS PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 48
FIGURE 21 THE SMALL & MEDIUM ENTERPRISES SEGMENT IS EXPECTED TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD AS COMPARED TO THE LARGE ENTERPRISES SEGMENT 53
FIGURE 22 THE MANUFACTURING SEGMENT OF THE APPLICATION TESTING SERVICES MARKET IS PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 57
FIGURE 23 NORTH AMERICA IS ANTICIPATED TO LEAD THE APPLICATION TESTING SERVICES MARKET FROM 2017 TO 2022 66
FIGURE 24 REGIONAL SNAPSHOT: THE APPLICATION TESTING SERVICES MARKET IN ASIA PACIFIC IS PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 67
FIGURE 25 NORTH AMERICA APPLICATION TESTING SERVICES MARKET SNAPSHOT 68
FIGURE 26 ASIA PACIFIC APPLICATION TESTING SERVICES MARKET SNAPSHOT 74
FIGURE 27 WIPRO: COMPANY SNAPSHOT 82
FIGURE 28 COGNIZANT: COMPANY SNAPSHOT 85
FIGURE 29 TCS: COMPANY SNAPSHOT 88
FIGURE 30 ACCENTURE: COMPANY SNAPSHOT 91
FIGURE 31 CAPGEMINI: COMPANY SNAPSHOT 94
FIGURE 32 IBM: COMPANY SNAPSHOT 97
FIGURE 33 INFOSYS: COMPANY SNAPSHOT 100
FIGURE 34 DXC TECHNOLOGY: COMPANY SNAPSHOT 103
FIGURE 35 TECH MAHINDRA: COMPANY SNAPSHOT 111
FIGURE 36 SQS: COMPANY SNAPSHOT 114