Software Testing Services Market in ANZ Market | Insights on the Crisis and the Roadmap to Recovery from COVID-19 Pandemic | Technavio

Application testing segment to contribute the largest market share in the software testing services market in ANZ

LONDON–(BUSINESS WIRE)–#SoftwareTestingServicesMarketinANZ–The software testing services market in ANZ to register an incremental growth of USD 569.74 million, witnessing a CAGR of over 12% during 2020-2024, according to the latest market research analysis by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the software testing services market in ANZ in optimistic, probable, and pessimistic forecast scenarios.

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The software testing services market in ANZ will witness a Neutral and At par impact during the forecast period owing to the extensive rise of COVID-19 pandemic. Furthermore, as per Technavio�s pandemic-focused research highlights, the market growth is likely to Increase compared to 2019.

Software Testing Services Market in ANZ 2020-2024: Vendor Analysis

The market is fragmented. Key players in the market have been launching several initiatives and introducing innovative products and services to cater to a larger target audience during the pandemic. With rapidly shifting focus toward creating a digital marketplace to provide a convenient platform for stakeholders in the supply chain, several companies in the market are resorting to move their businesses online along with existing brick-and-mortar channels.

Major Software Testing Services Market Participants in ANZ are

• Accenture Plc
• Atos SE
• Capgemini Services SAS
• Cognizant Technology Solutions Corp.
• DXC Technology Co.
• HCL Technologies Ltd.
• Infosys Ltd.
• International Business Machines Corp.
• Tata Consultancy Services Ltd.
• Wipro Ltd.

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Software Testing Services Market in ANZ 2020-2024: Segmentation

Software Testing Services Market in ANZ is segmented as below:

• End-User
  • BFSI
  • Telecom and media
  • Manufacturing
  • Retail
  • Government
  • Others
• Product
  • Application testing
  • Product testing

Application testing segment will account for the largest share due to the factors such as the increase in e-commerce spending, the growing adoption of smartphones, a rise in preference for smartphone-based applications being used in day to day life, and the development of smartphone-based applications for the banking sector.

• Geography
  • Australia
  • New Zealand

The software testing services market in ANZ is driven by need for cost reduction and faster time-to-market and increased adoption of SaaS-based solutions, as per Technavio’s pandemic impact-focused research study. Furthermore, Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, and significant developments in vendor operations and government regulations in Information Technology industry.

For gaining more insights about the impact of COVID-19 pandemic on related reports, check out Technavio’s Information Technology section

Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
• Pre- as well as post-COVID-19 market estimates
• Quarterly impact analysis and updates on market estimates

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Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

• Fiver forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Application testing – Market size and forecast 2019-2024
• Product testing – Market size and forecast 2019-2024
• Market opportunity by Product

Market Segmentation by End-user

• Market segments
• Comparison by End-user
• BFSI – Market size and forecast 2019-2024
• Telecom and media – Market size and forecast 2019-2024
• Manufacturing – Market size and forecast 2019-2024
• Retail – Market size and forecast 2019-2024
• Government – Market size and forecast 2019-2024
• Others – Market size and forecast 2019-2024
• Market opportunity by End-user

Customer landscape

• Overview
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Vendors landscape
• Landscape disruption
• Competitive scenario

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Accenture Plc
• Atos SE
• Capgemini Services SAS
• Cognizant Technology Solutions Corp.
• DXC Technology Co.
• HCL Technologies Ltd.
• Infosys Ltd.
• International Business Machines Corp.
• Tata Consultancy Services Ltd.
• Wipro Ltd.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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