The software testing and QA services market is estimated to be valued at US$ 38.42 billion in 2023 and is expected to exhibit a CAGR of 13% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Software testing and QA services help identify issues, errors, and defects in the developed software. They validate the quality and functionality of software applications, platforms, and digital services. QA services cover testing various aspects like security, performance, usability, compatibility, and compliance of software. Companies utilize these services to enhance the overall testing process and develop high-quality software.
Key Takeaways
The global software testing and QA services market is expected to witness high growth, exhibiting CAGR of 13% over the forecast period, due to increasing demand for ensuring seamless performance of complex software applications. The market size is projected to reach US$ 38.42 billion in 2023.
The US dominates the global market currently due to presence of major software companies. Asia Pacific region is poised to grow at fastest pace during the projected period owing to growing RD investments by organizations and shifting development centers to countries like India and China.
Read More:
