Global 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.
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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.
Market Segmentation
The global software quality assurance market can be
segregated on the basis of deployment, organization size, solution, vertical,
and region.
On the basis of deployment, the global software
quality assurance can be classified into the cloud and on-premise.
On the basis of organization size, global software
quality assurance can be classified into small- and medium-sized enterprises
(SME), and large enterprise.
On the basis of solution, the global software
quality assurance can be classified into non-conformances/corrective &
preventative, supplier quality management, change management, audit management,
document control, complaint handling, employee training, calibration
management, and others.
On the basis of vertical, the global software
quality assurance can be classified into defense & aerospace, IT &
telecom, transportation & logistics, manufacturing, consumer goods &
retail, healthcare, and others.
On the basis of region, the global software quality
assurance can be classified into North America, Europe, Asia-Pacific, the Middle
East & Africa, and South America.
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.
Key Players
The established players of the global software
quality assurance market are Oracle Corporation (US), Microsoft Corporation
(US), Siemens AG (Germany), MetricStream, Inc. (the US), Iqms, Inc. (the US),
Pilgrim Quality Solution, Inc. (the US), EtQ Management Consultants, Inc. (the
US), Unipoint Software, Inc. (Canada),
Verse Solutions, Inc. (US), Enablon (France), QT9 Software (US), Cority
Software Inc. (Canada), Biovia Corp
(US), Sparta Systems Inc. (US), SAP SE (Germany), and few others.
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