Software Quality Assurance Market Industry Future Developments, Competitive Landscape Analysis and Forecast Report

Software Quality Assurance Market Synopsis 

As per the latest study by Market Research Future Reports (MRFR), the global software quality assurance market is projected to flourish at a CAGR of 9.6%, valuing over 14.01 billion by the end of 2025. The increasing demand for monitoring the cost of manufacturing with efficient quality is the most significant factor driving the global software quality market 2020. Moreover, the deployment of advanced technologies like analytics for promising quality poses as a great opportunity to expand the market. Besides, the increasing demand for software quality assurance across several industries to provide profitable opportunities to the established manufacturers of the worldwide market has increased the demand. In addition, there has been a rise in the adoption of cloud-based applications. The enterprises are focusing on the demands of customers, which is another significant factor leading to market expansion.

However, the security issues related to data security are likely to be the restraining factor for the expansion of the market. 

The research performed by MRFR tracks the aftermath of the COVID-19 pandemic. Furthermore, a precise evaluation of factors augmenting and impeding the market in the post-COVID-19 environment has been analyzed. We will provide COVID-19 impact analysis with the report. 

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Software Quality Assurance Market Segmentation 

By Deployment

• Cloud
• On premise

By Organization

• Small scale
• Large scale

By Vertical

• IT
• Telecom
• Consumer goods
• Defense
• Aerospace
• Manufacturing
• Consumer goods
• Retail

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Software Quality Assurance Market Regional Analysis 

The regional evaluation of North America, Europe, Asia-Pacific, the Middle East & Africa, and South America has been carried out. As per the analysis by MRFR, North America dominates the global market. It accounts for the largest market share due to the rapid adoption of software quality assurance solutions by enterprises. The major contribution comes from the US, Mexico, and Canada. Among all nations, the US dominates North America. Besides, the US is the most advanced country in the world. Moreover, there has been a surge in the usage of cloud-based applications. 

Europe is anticipated to experience decent growth during the forecast period. Besides, there has been a fast adoption of software quality assurance in the manufacturing sector is influencing the market. 

Furthermore, the APAC region is projected to experience exponential growth during the review period. Among all nations, India, China, and Taiwan make the most significant contribution to actuating the market. Moreover, the increasing focus to meet the demands of consumers is another significant factor driving the regional market.

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Software Quality Assurance Market Key Players 

The established players of the global software quality assurance market are 

1. A1QA
2. Sparta Systems
3. Digital Dream Forge
4. Performance Lab
5. Lighthouse Technologies
6. QA Consultants
7. Cognizant
8. Oracle Corporation
9. Microsoft
10. Siemens
11. Verse solutions

Reasons for Buying This Report:

• It Provides A Forward-Looking Perspective on Different Factors Driving or Restraining Market Growth.
• It Provides Five-Year Forecast Assessed based on How the Market Is Predicted to Grow.
• It Helps in Understanding the Key Product Segments and Their Future.
• It Provides Pinpoint Analysis of Changing Competition Dynamics and Keeps You Ahead of Competitors.
• It Helps in Making Informed Business Decisions by Having Complete Insights of Market and By Making an In-Depth Analysis of Market Segments.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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