New York, US, June 06, 2022 (GLOBE NEWSWIRE) -- Mobile Application Testing Solution Market Overview:
According to a comprehensive research report by Market Research Future (MRFR), “Mobile Application Testing Solution Market Analysis by Type, By Platform, By Application, By End-users - Forecast 2030” valuation is poised to reach USD 21.5 Billion by 2030, registering an 20.2% CAGR throughout the forecast period (2021–2030).
Mobile Application Testing Solution Market Report Scope:
Mobile application testing solutions are referred to as the tool utilized for testing application software for usability, functionality, and consistency. Mobile application testing solutions help approve that the software application is set to drop-ship and confronts the vital characteristics. A mobile application testing solution refers to a technique through which application software is installed on multiple devices.
Report Metric | Details |
Market Size | USD 21.5 Billion |
CAGR | 20.2% |
Base Year | 2020 |
Forecast Period | 2021-2030 |
Historical Data | 2019 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Type, Application and Region |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | CA Technologies (U.S.), Cognizant Technology Solution Corp (U.S.), Symantec Corporation (U.S.), Hewlett Packard Enterprise (U.S.), Oracle Corporation (U.S.), SAP SE (Germany), SAS Institute Inc. (U.S.), IBM Corporation (U.S.), Microsoft Corporation (U.S.), Capgemini (France), Infostretch Corporation (U.S.) |
Key Market Opportunities | The expansion of the IT sector along with the advancement of new technologies is the major growth opportunity for the global mobile application testing solution market. |
Key Market Drivers | The rise in the perforation of electronic gadgets |
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The global mobile application testing market has registered massive growth in the last few years. The growing demand for smartphones or tablets is the primary aspect causing an upsurge in the market's growth. Apart from that, the factors such as the adoption of the new advanced technologies, the adoption of protecting the mobile application portfolio by the corporate, and the changing lifestyle are also anticipated to boost the growth of the market over the coming years. The characteristics of the mobile application testing solution have been introduced owing to the increasing popularity of e-commerce along with the growing demand for well-organized testing solutions are anticipated to boost the growth of the market over the assessment timeframe.
Market USP Covered
Market Drivers
The global mobile application testing solution market has registered a massive surge in the growth rate in the last few years. The significant aspect causing an upsurge in the market's growth is the growth in the perforation of electronic gadgets across the globe. Furthermore, the growing adoption of smartphones worldwide is another crucial parameter supporting the market's growth. In addition, the availability of high-end smartphones and tablets with a range of operating systems across the market, the problems regarding variegated devices, and the user interference are also projected to fuel the global mobile application testing solution market's growth over the forecasted timeframe.
The IT sectors are anticipated to invest more in mobile application testing solutions because of the demand for inventing mobile application testing, which is expected to propel the application testing solution market's growth over the coming years.
The global mobile application testing solution market is highly lucrative in nature. The rapid growth of the IT sector across the globe is the primary parameter likely to offer several growth opportunities to the players worldwide. Apart from that, the continuous technological evolution in the field is another significant parameter likely to provide lucrative opportunities to the market players. The rapid development in mobile testing services allows people to prefer it. In addition, the mobile application testing solution is projected to cope with and strengthen the lifecycle of devices, including smartphones, tablets, and notepads.
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Market Restraints
Although several aspects support the market's growth, specific parameters may impede the market's growth. The growing demand for interactive testing instead of automated testing is the significant parameter likely to hinder the market's growth. Furthermore, the diversity in devices and the obtainability is another crucial parameter likely to restrict the market's growth.
The gradually supple mobile environment and demand for immersive testing over automated testing are considered the primary challenges the players face across the global mobile application testing solution market.
COVID-19 Impact
The global COVID-19 pandemic has had a significant impact on the majority of the market sectors across the globe. However, the mobile application testing solution market has had quite the opposite effect. The major players across the global market, such as IBM, are focusing more on utilizing mobile application testing solutions to trace the employees' location to supervise and slow down the spreading process of the virus. There are free apps available for mobile users after the peak post covid 19 pandemic period, which is anticipated to boost efficiency and safety through screening and testing healthcare patients and workers. Therefore, the covid 19 pandemics have encouraged the growth of the mobile application testing solution market across the globe.
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Mobile Application Testing Solution Market Segments
Out of all the application areas, the smartphone segment is anticipated to dominate the global mobile application testing solution market over the forecasted era. The growing proliferation of smartphones across the globe is the [primary aspect causing an upsurge in the segment's growth.
The corporate segment is projected to lead the global mobile application testing solution market over the assessment era among all the end-users.
Mobile Application Testing Solution Market Regional Analysis
The global mobile application testing solution market is studied across five major regions: Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa.
As per the MRFR analysis reports, the North American region led the global mobile application testing solution market in the year 2016. The regional market is likely to register a healthy CAGR of over 18.1% over the forecast forecasted era. The regional market's growth is mainly credited to the rising preferences of the consumers for smartphones, the rise in the adoption of modern technology, and changes in lifestyle across the region.
On the other hand, the Asia-Pacific region will record the highest CAGR of over 25.3% during the assessment era. The regional market's growth is attributed to the major manufacturing hubs across Asian countries and technological developments.
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Dominant Key Players on Mobile Application Testing Solution Market Covered are:
- Oracle Corporation (U.S.)
- Infostretch Corporation (U.S.)
- Microsoft Corporation (U.S.)
- CA Technologies (U.S.)
- IBM Corporation (U.S.)
- Cognizant Technology Solution Corp (U.S.)
- SAS Institute Inc. (U.S.)
- Symantec Corporation (U.S.)
- SAP SE (Germany)
- Hewlett Packard Enterprise
- Capgemini (France)
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