Software Quality Assurance (SQA) Market Projected to Hit USD 20.8 Billion at a 8.80% CAGR by 2030- Report by Market Research Future (MRFR)

Research Reports

Apr 12, 2023

Market Research Future Insights

According to MRFR analysis, the global SQA market is expected to register a CAGR of ~8.80% from 2022 to 2030 and hold a value of over USD 20.8 billion by 2030.

The software quality assurance (SQA) market is a growing segment within the software industry that focuses on ensuring that software products meet the desired quality standards. This includes testing software products to identify and fix bugs, as well as ensuring that the software meets functional, performance, and security requirements.

The COVID-19 pandemic has had a significant impact on the SQA market, with many businesses relying heavily on digital solutions to maintain operations during lockdowns and remote work environments. This has led to increased demand for software products, as well as increased demand for SQA services to ensure that these products meet the necessary quality standards.

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According to a report by Market Research Future, the global SQA market is expected to grow at a compound annual growth rate (CAGR) of 9.4% between 2020 and 2027. The report identifies several factors driving this growth, including increasing demand for digital transformation, rising adoption of agile and DevOps methodologies, and increasing demand for cloud-based solutions.

Software Quality Assurance (SQA) Market Key players:

  • A1QA
  • Sparta Systems
  • Digital Dream Forge
  • Performance Lab
  • Lighthouse Technologies
  • QA Consultants
  • Cognizant
  • Oracle Corporation
  • Microsoft
  • Siemens
  • Forcepoint (US)
  • Securonix (US)

 

Browse In-depth Market Research Report (111 Pages) on Software Quality Assurance (SQA) Market: https://www.marketresearchfuture.com/reports/software-quality-assurance-market-8386

Software Quality Assurance (SQA) Market Report Scope:

Parameter Details
Revenue Forecast in 2030: USD 20.8 Billion
Growth Rate: CAGR of 8.80% from 2022 to 2030
Forecast Period: 2022 -2030
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

 

Regional Analysis

In terms of regional analysis, North America is expected to dominate the SQA market due to the presence of several key players and increasing investment in digital technologies. However, the Asia-Pacific region is expected to grow at the fastest rate, due to increasing adoption of digital solutions and a growing software industry in countries such as India and China.

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Market Segmentation

The Global SQA market has been segmented into based on deployment, organization and vertical.

Based on Deployment: Cloud and  On premise

Based on Organization: Small scale and Large scale

Based on Vertical: IT, Telecom, Consumer goods, Defense, Aerospace, Manufacturing, Consumer goods and Retail

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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.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Tags: Software Quality Assurance (SQA) Market, Software Quality Assurance (SQA) Market Size, Software Quality Assurance (SQA) Market Growth, Software Quality Assurance (SQA) Market Trends See Campaign: https://www.marketresearchfuture.com/reports/software-quality-assurance-market-8386

Contact Information:

Contact: Market Research Future (Part of Wantstats Research and Media Private Limited) 99 Hudson Street, 5Th Floor New York, NY 10013 United States of America +1 628 258 0071 (US) +44 2035 002 764 (UK) Email: [email protected] Website: https://www.marketresearchfuture.com

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