Global Software Quality Assurance Market was valued at USD xx Bn in 2019 and is expected to reach at USD xx Bn by 2027 at a CAGR of xx% over forecast period 2020-2027.
Global Software Quality Assurance Market
The report covers an in depth analysis of COVID 19 pandemic impact on Global Software Quality Assurance Market by region and on the key players revenue affected till April 2020 and expected short term and long term impact on the market.
Global Software Quality Assurance Market Dynamic’s:
Software Quality Assurance is a process, which works parallel to development of a software. It focuses on improving the process of development of software so that problems can be prevented before they become a major issue. Software Quality Assurance is a kind of an Umbrella activity that is applied throughout the software process. Various factors such as increasing demand for effective management of organizational processes and the need for meeting consumer expectations, technological advancements in IT and Telecom as well as automation of transportation and logistics industry are expected to drive the growth of the quality management software market over forecast period. Furthermore, software quality assurance allows the end-use industries to offer better service to the customers and rationalize various workflows.
However, factors such as Security threats involved in cloud based platforms, lack of technical expertise and technical infrastructure are expected to restrain the market growth over forecast period.
Global Software Quality Assurance Market is segmented by Deployment, organisation Size, Solution, by End User and by Region. By End User, Manufacturing segment is dominated the global market with xx% of market share in 2019 and is expected to keep its dominance over forecast period owing to the stringent regulations as well as the complex processes and integrated business systems. Manufacturing segment is followed by IT and telecom industry with xx% of market share. QMS solution helps to IT and telecom service providers to enhance their communication strategy, by complying with the highest quality standards in the telecommunications products and services industry. By Solution, Quality Management held 28.98% of market share in 2019 and is expected to keep its dominance over forecast period. Enterprises are rethinking conventional quality assurance to deliver high performance. Quality Assurance and Testing services are helps in reducing cost of development, improving time-to-market and minimizing technical and business risks.
By geography, market is segmented into North America, APAC, Europe, MEA& Africa and Latin America. Among all of these North America held 39.09% of market share in 2019 and is expected to keep its dominance over forecast period owing to technological advancements and high focus on technological development in the United States and Canada region. North America is followed by APAC and Europe. Asia Pacific is expected hold xx% of market share over forecast period. Various end users such as IT and Telecom, Transportation & Logistics, Consumer Goods, Retail, Defence and Aerospace and Manufacturing are continuously investing in investing in software testing and quality assurance, so that the clients are provided the essential experience. Europe is expected to hold xx% of market share over forecast period owing to an increasing regulatory pressure in Europe and reforms in EU data protection rules for enterprise data are remarkably impacting the adoption of quality management software. Many European countries such as Germany, France, and United Kingdom are deploying SaaS a cloud-based platforms to comply with the European Data Protection Directive 1995 and General Data Protection Regulation (GDPR).
Report covers in depth analysis of key development, marketing strategies and company profiles of market leaders, potential players and new entrants. Some of the key players covered in this report are A1QA, CoreValue, Cognizant, Digital Dream Forge, Lighthouse Technologies, Performance Lab, QA Consultants, Sparta Systems, MasterControl, Inc, Sparta Systems, Inc. and SAP SE among others. These key players are adopting various organic and inorganic growth strategies such as merger& acquisitions, joint ventures, collaborations, expansions, diversification, new product launches, patent, strategic alliances etc. to increase their regional presence and business opeartions.
The objective of the report is to present a comprehensive analysis of the Global Software Quality Assurance Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Software Quality Assurance Market dynamics, structure by analyzing the market segments and project Global Software Quality Assurance Market. Clear representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the Global Software Quality Assurance Market make the report investor’s guide.
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Scope of Global Software Quality Assurance Market
Global Software Quality Assurance Market Segmentation by Deployment
• Cloud
• On-premise
Global Software Quality Assurance Market Segmentation by organisation Size
• Small and Medium Enterprise (SME)
• Large Enterprise
Global Software Quality Assurance Market Segmentation by Solution
• Document Control
• Non-Conformances
• Corrective and Preventative
• Complaint Handling
• Employee Training
• Audit Management
• Supplier Quality Management
• Calibration Management
• Change Management
• Quality Management
• Others
Global Software Quality Assurance Market Segmentation by End User
• IT and Telecom
• Transportation and Logistics
• Consumer Goods
• Retail
• Defence and Aerospace
• Manufacturing
• Healthcare
• Others
Global Software Quality Assurance Market Segmentation by Region
• North America
• APAC
• Europe
• MEA& Africa
• Latin America
Global Software Quality Assurance Market Major Players
• A1QA
• CoreValue
• Cognizant
• Digital Dream Forge
• Lighthouse Technologies
• Performance Lab
• QA Consultants
• Sparta Systems
• MasterControl, Inc
• Sparta Systems, Inc.
• SAP SE
• PSC Software Company
• Aras Corporation
• Arena Solutions Inc
• Autodesk Inc.
• Dassault Systems SE
• Siemens AG
• Oracle Corporation
• Parasoft Corporation
• Microsoft Corporation
• Hewlett-Packard Enterprise Co.
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