LONDON–(BUSINESS WIRE)–#AutomatedSoftwareQualityMarket–Technavio has been monitoring the automated software quality market and it is poised to grow by $ 717.86 mn during 2020-2024, progressing at a CAGR of about 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Empirix Inc., froglogic GmbH, International Business Machines Corp., Micro Focus International Plc, Microsoft Corp., Perforce Software Inc., SmartBear Software Inc., Tricentis GmbH, and Worksoft Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The adoption of automated software quality for mobile applications has been instrumental in driving the growth of the market. However, the availability of open-source automated quality testing software might hamper market growth.
Automated Software Quality Market 2020-2024 : Segmentation
Automated Software Quality Market is segmented as below:
- North America
- South America
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Automated Software Quality Market 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automated software quality market report covers the following areas:
- Automated Software Quality Market size
- Automated Software Quality Market trends
- Automated Software Quality Market industry analysis
This study identifies the emergence of cloud-based software testing services as one of the prime reasons driving the automated software quality market growth during the next few years.
Automated Software Quality Market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the automated software quality market, including some of the vendors such as Empirix Inc., froglogic GmbH, International Business Machines Corp., Micro Focus International Plc, Microsoft Corp., Perforce Software Inc., SmartBear Software Inc., Tricentis GmbH, and Worksoft Inc. Backed with competitive intelligence and benchmarking, our research reports on the automated software quality market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Automated Software Quality Market 2020-2024 : Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist automated software quality market growth during the next five years
- Estimation of the automated software quality market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the automated software quality market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automated software quality market vendors
Table Of Contents :
- Market Overview
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Deployment
- Market segments
- Comparison by Deployment placement
- On-premise – Market size and forecast 2019-2024
- Cloud – Market size and forecast 2019-2024
- Market opportunity by Deployment
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver – Demand led growth
- Volume driver – Supply led growth
- Volume driver – External factors
- Volume driver – Demand shift in adjacent markets
- Price driver – Inflation
- Price driver – Shift from lower to higher-priced units
- Market challenges
- Market trends
- Landscape disruption
- Vendor Analysis
- Market positioning of vendors
- Compuware Corp.
- Empirix Inc.
- froglogic GmbH
- International Business Machines Corp.
- Micro Focus International Plc
- Microsoft Corp.
- Perforce Software Inc.
- SmartBear Software Inc.
- Tricentis GmbH
- Worksoft Inc.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.