Global Software Quality Assurance Market Synopsis
As per the latest study by Market Research Future Reports (MRFR), the Software Quality Assurance Market is projected to flourish at a CAGR of 9.6%, valuing over 14.01 billion by the end of 2025. The increasing demand for monitoring the cost of manufacturing with efficient quality is the most significant factor driving the global software quality market 2020. Moreover, the deployment of advanced technologies like analytics for promising quality poses as a great opportunity to expand the market. Besides, the increasing demand for software quality assurance market across several industries to provide profitable opportunities to the established manufacturers of the worldwide market has increased the demand. In addition, there has been a rise in the adoption of cloud-based applications. The enterprises are focusing on the demands of customers, which is another significant factor leading to market expansion.
However, the security issues related to data security are likely to be the restraining factor for the expansion of the market.
The research performed by MRFR tracks the aftermath of the COVID-19 pandemic. Furthermore, a precise evaluation of factors augmenting and impeding the market in the post-COVID-19 environment has been analyzed. We will provide COVID-19 impact analysis with the report.
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Software Quality Assurance Market Key Players
- A1QA
- Sparta Systems
- Digital Dream Forge
- Performance Lab
- Lighthouse Technologies
- QA Consultants
- Cognizant
- Oracle Corporation
- Microsoft
- Siemens
- Verse solutions
Software Quality Assurance Market Segmentation
The global software quality assurance market can be segregated on the basis of deployment, organization size, solution, vertical, and region.
By Deployment
- Cloud
- On premise
By Organization
- Small scale
- Large scale
By Vertical
- IT
- Telecom
- Consumer goods
- Defense
- Aerospace
- Manufacturing
- Consumer goods
- Retail
By Region
- Europe
- North America
- Asia pacific
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Software Quality Assurance Market Regional Analysis
The regional evaluation of North America, Europe, Asia-Pacific, the Middle East & Africa, and South America has been carried out. As per the analysis by MRFR, North America dominates the global market. It accounts for the largest market share due to the rapid adoption of software quality assurance solutions by enterprises. The major contribution comes from the US, Mexico, and Canada. Among all nations, the US dominates North America. Besides, the US is the most advanced country in the world. Moreover, there has been a surge in the usage of cloud-based applications.
Europe is anticipated to experience decent growth during the forecast period. Besides, there has been a fast adoption of software quality assurance in the manufacturing sector is influencing the market.
Furthermore, the APAC region is projected to experience exponential growth during the review period. Among all nations, India, China, and Taiwan make the most significant contribution to actuating the market. Moreover, the increasing focus to meet the demands of consumers is another significant factor driving the regional market.
Key Points Covered in the Software Quality Assurance Industry Report:
- The global Software Quality Assurance industry research examines all the leading players in the Software Quality Assurance market and ranks them based on their corporate strengths and product offerings in today’s competitive marketplace.
- Economic, social, political, legal, and technological factors on customer growth, as well as emergent Software Quality Assurance market trends, were investigated in the report.
- Company profiles, capability, growth, global spend; share, requirements, product price image, and contact information for key global industry players in the global Software Quality Assurance market are also covered in the research study.
- The study contains information on the strategic partnerships and tactics used by competitors in the target Software Quality Assurance market.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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