Today everybody uses a smartphone, and the apps for Android or iOS that we use frequently are a part of our daily lives. Different businesses develop apps to connect with potential customers. It is obvious that with new apps coming to app stores every day, mobile application development business is going to be a huge business not just today, but also for years to come. Before an app goes live on the app store, the developer needs to make sure that the app is working fine. For this, all important features of the app are tested. Therefore, today many freelance app developers and mobile app development services offer testing solutions. The growth of mobile application market is resulting in the growth of mobile application testing solution market.
Key factors that facilitate the mobile application testing market are the adoption of new technologies, changing lifestyle, increasing demand for smartphones or tablets, rise in per capita income and growing adoption by corporates to protect their mobile application portfolio. Increasing demand for interactive testing over automated testing slows down the overall market growth which is where mobile application testing solution provides fast testing solution according to their applications.
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Major Key Players
Capgemini (France),
CA Technologies (USA),
Cognizant Technology Solution Corp (USA),
Hewlett Packard Enterprise (USA),
IBM Corporation (USA),
Infostretch Corporation (USA),
Infosys (India),
Microsoft Corporation (USA),
Oracle Corporation (USA),
SAP SE (Germany),
SAS Institute Inc. (USA), Symantec Corporation (USA) AND Wipro (India)
According to MRFR, The global Mobile Application Testing Solution Market is expected to reach approximately USD 9 billion by the end of 2022 with 21% CAGR during forecast period 2016-2022.
Latest Industry News
With sales of storage and networking devices of Hewlett Packard Enterprise Co. witnessing 1.12% core business in past few months, Hewlett Packard Enterprise (HPE) is raising its annual profit targets while boosting planned returns to shareholders. HPE has plans to lift its dividend 50% in its third quarter. By the end of its fiscal 2019, it intends to buy back over $5.5 billion of its stock through. HPE is targeting a return of about $7 billion to shareholders.
Since March 2018, shares of Oracle have fallen more than 10 percent. Credit Suisse analysts said that third-quarter earnings were “generally underwhelmed on most relevant metrics.” Oracle beat Wall Street estimates on earnings per share, reporting 83 cents compared with Thomson Reuters consensus estimates of 72 cents. However, it came in just below revenue estimates, dragged down by slow cloud revenue growth.
Market Research Future (MRFR) has prepared a report on the mobile application testing solution market that predicts the growth at 21% Compound Annual Growth Rate (CAGR) for the forecast period from 2016 to 2022. This report to provides a detailed analysis of the market structure. It also forecasts various segments and sub-segments of the global mobile application testing solution market. It also provides insights into factors affecting the market growth and analyzes global mobile application testing solution market by Porter’s five force analysis etc. The country-level analysis of the market concerning the current market size and the future prospective market has been featured in this report, along with competitive developments such as acquisitions, joint ventures, mergers, new product developments, and research and developments (R&D) in the global mobile application testing solutions.
Segmentation
The global mobile application testing solution market has been in segmented into the application, end-users, type, platform, and region. Types of mobile application testing solution have been sub-segmented into automated testing and manual testing. Platforms have been sub-segmented into Android, iOS, and Windows. By end-users, sub-segmentation draws a line between corporate and residential. Corporate end-users are organizations who pay for and use mobile applications for their business purposes. Residential end-users are individuals who download apps from app stores and use them for their personal purposes.
Regional Analysis
Regional segmentation of global mobile application testing solutions market covers North-America, Europe, Asia-Pacific and Rest of the World (RoW). Among these regions, North-America has been accounted for the largest market share due to changing lifestyle, increasing adoption of new mobile solutions and increasing consumer preference for smartphones. However, the mobile application testing solutions market is expected to grow in Asia-Pacific region during the forecast period majorly due to rapid technological advancements and with Asian countries becoming hub manufacturing operations for companies around the world. In Europe, the biggest market for mobile application testing solutions is Romania due to various mobile development projects and companies outsourcing their testing operations to Romania.
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Intended Audience
Manufacturers
Distributors
Research firms
Consultancy firms
Software Developers
Vendors
Semiconductor Manufacturers
Stakeholders
End-user sectors
Technology Investors
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Website: https://www.marketresearchfuture.com/reports/mobile-application-testing-solution-market-2755
Release ID: 375808