New York, NY, September 30, 2021 (GLOBE NEWSWIRE) – Facts and Factors has released a new research report titled “Agile development and testing services market by methodologies (Scrum, Kanban and Lean), by service management (development and testing), by project execution (delivery and product development), by type of service (professional and managed) ), by Test Type (Functionality, Security and Automation): Global Industry Outlook, Comprehensive Analysis and Forecast, 2021-2026 “ in its research database
âAccording to the latest research study, the demand for Agile Development and Testing Services Market size and share is expected to reach $ 30 billion by 2026 from $ 20 billion in 2020, at a compound annual growth rate (CAGR) of 18% over the forecast period 2021 to 2026 “
Global Agile Development and Testing Services Market: Overview
Physical systems and a virtual environment are combined in building the complex IT infrastructure, requiring routine testing and inspections for proper feedback and continuous deployment. For reasons such as ever-changing needs, a lack of technical capabilities in data sources, or inappropriate quality assessment, digital business quality assurance and accreditation teams often struggle to find the right one. balance between stability and duration of the program. The notion of continuous integration (CI) is well known in the industry, but there was still a gap in the deployment process, which provided an opportunity for the agile development and testing market. The demand for software development is increasing as organizations around the world become more digital. Additionally, growing organizations are leading the way in improving their efficiency by automating their test operations. As a result, the growing need for consistent and timely delivery is propelling the market forward. In addition, the market benefits from the introduction of agile and DevOps approaches in project management.
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Major players in the industry market
- Xoriant Company
- Tech Mahindra Limited
- Mindtree Limited
- EPAM systems
- HCL Technologies
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Key questions answered in this report:
- What is the projected market size and growth rate of the Agile Development and Testing Services market?
- What are the major driving factors driving the growth of the agile development and testing services market?
- What are the major companies operating in the agile development and testing services market?
- What segments are covered by the Agile Development and Testing Services market?
- How can I get free sample reports / company profiles of the Agile Development and Testing Services Market?
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- Digital transformation of companies
The rise of the IT industry and the adoption of cloud services in all sectors have created a demand, but due to the large number of software development companies in the market and the growing awareness of management approaches. agile projects, market concentration is fragmenting and should continue. in the forecast period. For example, in January 2019, Xoriant, a technology-driven engineering, programming and technology solutions company based in Silicon Valley, signed a memorandum of understanding with Vishwakarma Institute of Technology (VIT), an institution of leading engineering in Pune with national accreditation. rating level A ++. Xoriant will build centers of excellence for VIT in digital technologies such as machine learning, artificial intelligence, deep learning and data science, according to the MoU. For teachers and students of VIT, Xoriant plans to organize creative sessions and set up laboratories with a training program developed by qualified technology professionals.
Developments in quality assurance (QA) and testing are closely linked to software development in the digital world. Senior management has made ensuring flawless customer experience service a quality assurance (QA) priority. As a result, decision makers are focusing on the importance of software quality to improve the customer experience. Capgemini’s Agile Managed Testing Services (MTS) is a comprehensive, professional service approach to quality control and testing. Using OneShare, it enables rapid deployment of test environments as well while providing information and architecture to facilitate iterative deployment. To provide quality control, Agile MTS combines detailed testing guidance and testing services.
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Global Agile Development and Testing Services Market: Report Scope
|Market size 2020 value||$ 20 billion|
|Market forecast for 2026||$ 30 billion|
|Expected CAGR growth||CAGR 18% from 2021-2026|
|Year of reference||2020|
|Best market players||Xoriant Corporation, Cognizant, SolutionsIQ, Tech Mahindra Limited, Mindtree Limited, Salesforce.com and others|
|Covered segments||Methodologies, service management, project execution, type of service, type of test and region|
|Geographical areas covered||North America, Europe, Asia-Pacific, Latin America, Middle East and Africa|
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Global Agile Development and Testing Services Market: Segmentation
The global agile development and testing services market is segmented into methodologies, service management, project execution, service type, and test type. The methodologies segment is classified into scrum, kanban and lean. Development and testing is classified in the service management segment of global agile development and testing services market. The project execution segment is divided into product delivery and development. The Service Types segment is classified into Professional Services and Managed Services. The type of test is divided into functionality, security and automation.
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Global Agile Development and Testing Services Market: Regional Analysis
- Asia-Pacific is the fastest growing region
Due to the rapid adoption of digitization in China and India, Asia-Pacific is believed to be the fastest growing market throughout the forecast period. The Indian government has created investment and program plans to support the digitization of the country. The Indian Government’s National Digital Literacy Mission to promote digital literacy is expected to increase the size of the market in the future. The project involves the training of 52.5 lakh people across the country in information technology. India is the major center for IT software and service outsourcing due to the availability of experienced IT professionals at affordable salaries. In addition, the expansion of the online retail industry in China, Malaysia and India, due to the increase in consumer money and lifestyle, offers test companies to software an opportunity to improve the user experience. The presence of large online retail companies like Alibaba and Amazon in the region is expected to increase demand for web testing services and applications. Some developments are expected to grow during the forecast period.
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The global agile development and testing services market is segmented as follows:
Through service management:
By project execution:
- Product development
By type of service:
By type of test:
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