Global Continuous Testing Industry

Global Continuous Testing Industry

  • July 2020 •
  • 225 pages •
  • Report ID: 5798257 •
  • Format: PDF
Global Continuous Testing Market to Reach $3.5 Billion by 2027

Amid the COVID-19 crisis, the global market for Continuous Testing estimated at US$1.3 Billion in the year 2020, is projected to reach a revised size of US$3.5 Billion by 2027, growing at aCAGR of 15.4% over the period 2020-2027. Cloud, one of the segments analyzed in the report, is projected to record 14.1% CAGR and reach US$1.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the On-Premise segment is readjusted to a revised 16% CAGR for the next 7-year period.

The U.S. Market is Estimated at $385.1 Million, While China is Forecast to Grow at 14.8% CAGR

The Continuous Testing market in the U.S. is estimated at US$385.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$619 Million by the year 2027 trailing a CAGR of 14.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.7% and 13.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 11.3% CAGR.We bring years of research experience to this 7th edition of our report. The 225-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,
  • Atos SE
  • CA Technologies
  • Capgemini SE
  • Cigniti Technologies Ltd.
  • Cognizant Technology Solutions Corporation
  • EPAM Systems, Inc.
  • HCL Technologies Ltd.
  • Hexaware Technologies Ltd.
  • IBM Corporation
  • Larsen & Toubro Infotech Limited
  • LogiGear Corporation.
  • Micro Focus International PLC
  • MindTree Ltd.
  • NIIT Technologies Ltd.
  • Parasoft
  • QualiTest Group
  • Softcrylic, LLC.
  • Spirent Communications PLC
  • Syntel, Inc.
  • Tech Mahindra Ltd.
  • Tricentis GmbH