During the peak of the global financial crisis, the Software Testing Services industry was constrained by a drop in business sentiment, which prompted conservative spending by companies. The number of software development projects fell, as downstream clients postponed project upgrades, which negatively affected industry participants. The increase in online connectivity, coupled with the rising prevalence of non-traditional computer devices such as smartphones and tablets, has underpinned growth in software development activities.
This industry provides software testing services for clients, such as performance testing, stability testing, usability testing and security testing. The industry does not sell its own software, but it may use internally developed software to complete its testing tasks.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.