Mobile Application Testing Services Market 2020: Sales Revenue, Key Players Analysis,Forecast to 2026
Overview:
Smartphone ownership is growing significantly due to the increasing number of features and enhancement of the quality of phones. The Global System for Mobile Communications Association (GSMA) estimated that there are 5 billion mobile phone users across the globe as of April 2019. The increasing number of smartphones is leading to an increase in application downloads and average time spent on such applications. Additionally, the growing popularity and usage of various mobile-based platforms, such as video streaming platforms, gaming platforms, and e-commerce websites, has increased the use of mobile applications among users. Therefore, the mobile application testing services are essential to maintain the regular functionality of the application, as it can find the bugs and resolve potential faults issues.
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According to Market Research Future analysis, the global mobile application testing services market reached USD 3194.8 Million in 2018 and has been estimated to be valued at USD 13585.73 Million by 2026 growing at 20.32 % CAGR during the forecast period 2019–2026.
Segmentation:
Based on the type, the global market for mobile application testing services has been bifurcated into manual testing and automation testing.
Based on the industry, the global mobile app testing services market for mobile app testing services is segmented into BFSI, IT and telecommunication, retail, media, and others.
Regional Analysis:
The geographical overview of the global mobile application testing services market has been conducted in four major regions, namely the Asia Pacific, North America, Europe, and the rest of the world (including the Middle East and Africa and Latin America).
North America held the largest market share of about 38% in 2018, with a market valuation of USD 1213.30 Million; the mobile application testing services market is anticipated to register a CAGR of 19.1% through the review period. Asia-Pacific was the second-leading market in 2018, valued ed at USD 832 million; the market is anticipated to register the maximum CAGR of 24.2%. On the other hand, the market in Europe was expected to register a CAGR of 18.3%. North America is anticipated to dominate the global mobile application testing services market in terms of market share through the review period as this region has been an early adopter of technology and has the high technical expertise to mature numerous tools for testing mobile applications. Amid the North American countries, the US accounts for the largest market share due to the growing adoption of mobile apps and smartphones, followed by Canada and Mexico.
Among the Asia-Pacific, presently, China is dominating the market with a share of 40%, followed by Japan with a 28% market share. India is anticipated to register the highest CAGR of 27.1% over the review period due to the existence of a large number of mobile application testing service suppliers. Furthermore, the rising need for automated testing tools to speed up the testing process in countries such as Indonesia, South-Korea, and Malaysia is also anticipated to increase market growth in the Asia Pacific.
Key Players:
Some of the Prominent Players in the Global Mobile Application Testing Services Market are Testlio Inc, QA InfoTech, Capgemini, ThinkSys Inc, Qualitest, TestingXperts, ZYMR, INC, a1qa software testing company, Indium Software Inc, Global App Testing, and Accenture Plc.
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