There were 918 press releases posted in the last 24 hours and 189,469 in the last 365 days.

Software Quality Assurance Market Projected to Garner USD 14.01 Billion by 2025, at a CAGR of 9.6% - Report by Market Research Future (MRFR)

/EIN News/ -- New York, USA, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Market Overview:
According to a comprehensive research report by Market Research Future (MRFR), “Software Quality Assurance Market information by Solution, by Deployment, by Organization Size and Region – forecast to 2027” market size to reach USD 14.01 billion, growing at a compound annual growth rate of 9.6% by 2025.

Market Scope:
Software quality assurance vendors offer a comprehensive portfolio of software testing services and solutions for various enterprises across verticals. These vendors also provide highly trained and qualified quality assurance experts who can have a hands-on, end-to-end understanding of the problems that companies face and assist them in overcoming those challenges. The vendors use software testing methodologies and applications, as well as software testing laboratories, to provide businesses with services such as quality engineering, quality assurance, digital assurance, and software testing. Software testing specialists work on desktops, mobile devices, or applications to assist businesses to improve time to market and increase return on investment. The increasing demand to minimize the overall cost of production by improving quality is the driving force responsible for market growth. The rising demand for software quality assurance across verticals is expected to provide lucrative opportunities to the global market's key vendors. In addition, the introduction of advanced technologies like analytics for quality assurance is another opportunity for market vendors. Furthermore, problems related to data security in cloud-based deployments are expected to be a restraint for the growth of the market.

Dominant Key Players on Software Quality Assurance Market Covered are:

  • Microsoft Corporation (US)
  • MetricStream Inc. (US)
  • Oracle Corporation (US)
  • Siemens AG (Germany)
  • Unipoint Software Inc. (Canada)
  • Iqms Inc. (US)
  • Pilgrim Quality Solution Inc. (US)
  • EtQ Management Consultants Inc. (US)
  • QT9 Software (US)
  • Verse Solutions Inc. (US)
  • Cority Software Inc. (Canada)
  • Enablon (France)
  • Biovia Corp (US)
  • SAP SE (Germany)
  • Sparta Systems Inc. (US)

Get Free Sample PDF Brochure:   

Segmentation of Market Covered in the Research:
The global software quality assurance industry has been segmented based on solution, deployment, organization size, vertical, and region/country.

By solution, the global software quality assurance industry has been divided into supplier quality management, non-conformances/corrective & preventative, calibration management, change management, document control, audit management, complaint handling, employee training, and others.

By deployment, the global software quality assurance industry has been divided into cloud and on-premise.
On the basis of organization size, the global software quality assurance industry has been divided into small- and medium-sized enterprises (SME) and large enterprises.

On the basis of vertical, the global software quality assurance industry has been divided into healthcare, IT & telecom, defense & aerospace, transportation & logistics, manufacturing, consumer goods & retail, and others.

Browse In-depth Market Research Report (111 Pages) on Software Quality Assurance Market:  

Regional Analysis
The geographic analysis of the worldwide software quality assurance industry has been conducted for North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

North America had the largest market share, owing to a strategic change in enterprise adoption of software quality assurance solutions in response to growing demand to minimize the overall cost of production by enhancing quality. North America's economy is divided into three parts: The United States, Canada, and Mexico. The United States leads the market in North America; it is the most technologically advanced country, and there is an increasing need to improve organizational effectiveness across verticals.

Europe is projected to be the second-largest market during the review period, owing to the growing need for businesses to comply with data-protection regulations implemented by governments around the world. Cloud-based software quality assurance solution providers in European countries are obliged to comply with the European Data Protection Directive 1995 and the General Data Protection Regulation (GDPR).

During the forecast period, Asia Pacific is expected to be the fastest-growing region in the global software quality assurance market. The increasing adoption of software quality assurance solutions by large enterprises, as well as the rising demand for cloud-based software quality assurance solutions, are the primary drivers of market growth in the Asia Pacific.

Talk to Expert:

COVID-19 Impact on the Global Software Quality Assurance Market
The introduction of a range of regulations by governments around the world to deal with the COVID-19 outbreak, like a complete shutdown of manufacturing units, has been found to have an impact on the development of the global software quality assurance market.

Competitive Landscape
The global software quality assurance market is expanding rapidly as demand from industries such as transportation and logistics, as well as manufacturing, rises. Major players have chosen acquisitions, alliances, and new product development to boost their market positions as their primary organic growth strategies.

Related Reports:
Software-Defined Security Market Research Report, Component (solutions, services), Enforcement Point (network security gateways, others), Deployment Mode (cloud, on-premise), End-Users (telecom and cloud service providers) — Forecast till 2027
Software as a Service Market, By Deployment (Public Cloud, Private Cloud, Hybrid Cloud), By End User (SMEs and Large Enterprises), By Industry (IT & Telecommunication, Entertainment, BFSI, Manufacturing, Healthcare, Retail) - Forecast 2020-2027

Encryption Software Market, By Deployment (Cloud, On-Premise), By Service (Professional Service, Managed Service), By Organization Size (Small & Medium Enterprises, Large Enterprises), By Application (File/ Folder Encryption) - Forecast 2027

Software Licensing Market, By Licensing Type (Proprietary license, GNU General Public License, End User License Agreement, Workstation licenses, Concurrent use license), By Deployment (Cloud-Based, On-Premise), By End-User (Government and Defense, BFSI, Education and Research, Hospitals) - Forecast 2027

About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

Follow Us: LinkedIn | Twitter

Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)

Primary Logo