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21 June 2011 ,
Written by Dhruv Tanwar
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Research and Markets, which has added the report "Global Software Testing Services Market 2010-2014" to their offering, cites research by Technavio that anticipates the market to grow at a CAGR of 11 percent.
In a statement, Research and Markets pointed out the increased availability of testing applications as the main driver of this market, which is marked by an increased outsourcing of test services to countries such as India and China. Key vendors dominating this market space include IBM, Accenture, Cognizant, and Wipro, the statement said.
Software Testing Services is driven by consistent process and technology changes, the statement said. The report focuses Americas, EMEA and APAC, and says that a key factor contributing to this market growth is the need to identify and remove costly errors. The statement also said while the Software Testing Services market has been witnessing outsourcing of Testing Services, a lack of skilled labor could be a challenge to the growth of this market. |