Growth Opportunities and Trends in the Software Testing Market: Key Insights for 2025-2034
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How has the software testing market grown in recent years?
The software testing market has shown strong growth, with projections indicating an increase from $52.45 billion in 2024 to $57.46 billion in 2025, at a CAGR of 9.5%. Historical growth factors include accelerated software development lifecycles, product innovation emphasis, rising online transactions, adoption of continuous integration, and the need for automated testing tools.
How is the software testing market size expected to evolve during the forecast period?
The software testing market is set for strong expansion, reaching $81.65 billion in 2029 at a CAGR of 9.2%. The increase in mobile applications, rising investments in software development, heightened focus on cybersecurity, and growing demand for testing solutions in BFSI will drive growth. Trends include cloud computing adoption, enhanced testing efficiency, AI integration, technological advancements, and accelerated software product delivery.
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Which key drivers are propelling the software testing market’s growth?
The persistent uptake of cloud computing is predicted to fuel the expansion of the software testing market. Cloud computing is being increasingly adopted due to its affordability, scalability, accessibility, potential for innovation, dependability, security, and eco-friendliness. The use of software testing within cloud computing guarantees that applications uphold quality standards, function dependably, and provide a smooth user interface in fluctuating and scattered cloud settings. For instance, as per the State of DevOps Study by the US-based cloud service, Google Cloud Platform’s DevOps Research and Assessment (DORA) team, in January 2023, there was a rise in the population using multiple public clouds from 21% in 2021 to 26% in 2022. The use of hybrid cloud also saw an increase from 25% to 42.5%. An increase to 76% of users reported using the public cloud, which involves multiple clouds, a significant rise from 56% in 2021. Hence, the steady uptake of cloud computing serves as a driving force for the progression of the software testing market.
What are the market segments in the software testing industry?
The software testing market covered in this report is segmented –
1) By Type: System Integrator, Pureplay Software Testing
2) By Component: Application Testing, Services
3) By Application: IT and Telecom, BFSI, Manufacturing, Retail, Healthcare, Transportation And Logistics, Government And Public Sector, Consumer Electronics, Media
Subsegments:
1) By System Integrator: IT Consulting And Integration Services, Managed Testing Services, Integration Testing Solutions
2) By Pureplay Software Testing: Functional Testing, Non-Functional Testing, Performance Testing, Automation Testing, Security Testing, User Acceptance Testing (UAT)
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Which leading companies are shaping the growth of the software testing market?
Major companies operating in the software testing market are Accenture PLC, International Business Machines Corporation (IBM), Fujitsu Limited, Tata Consultancy Services Limited (TCS), Capgemini SE, Cognizant Technology Solutions Corporation, Infosys Limited, HCL Technologies Limited, Atos SE, Wipro Limited, CGI Inc., Tech Mahindra Limited, Sopra Steria Group, Micro Focus International plc, UST Global Inc., Neusoft Corporation, Hexaware Technologies Limited, Cyient Limited, QualiTest Group, Tricentis AG, L&T Technology Services Limited, Cigniti Technologies Limited, Astegic Inc., Serengeti
What key trends are currently impacting the software testing market’s development?
Leading firms in the software testing market are concentrating on the launch of high-tech solutions, like AI-powered software testing tools, to secure a competitive advantage. These AI-powered tools can autonomously generate test cases via the examination of requirements, code, and past data. For example, Cyient, a global technology solutions company based in India, rolled out CyFAST in June 2022, an AI-focused framework for automated system and software testing, designed to speed up comprehensive test automation. CyFAST enables automated testing across various platforms – web, mobile, desktop, embedded applications, and hardware devices, providing a comprehensive solution for test project management. This advanced platform assists effective and superior testing of complex systems and software, employing cognitive intelligence for improved test orchestration, risk-based testing, and regulatory compliance documentation.
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Which geographic areas are influencing the growth of the software testing market?
North America was the largest region in the software testing market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the software testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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