Frost & Sullivan Podcasts

Global Software Testing Services Market, Forecast 2022

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Topic Discussed : Global Software Testing Services Market, Forecast to 2024Speakers : Varun RamanKey Takeaways:• While the traditional spend on testing by end-users is on the decline, the growth of specialized testing services and the adoption of Agile and DevOps help this market continue to ride the wave of growth. Greater flexibility in pricing models to suit a varied range of customers, and a shift from a CAPEX system to a more subscription-like OPEX system is also expected to contribute to strong double digit growth across all regions. • Banking, financial services, and insurance (BFSI), IT and telecom, lifesciences and healthcare, manufacturing, energy and utilities, and retail, consumer goods, and logistics are some of the key end-user verticals. Among these, the BFSI vertical is the largest end-user vertical and will remain so over the forecast period. The retail, consumer goods, and logistics vertical will be the fastest growing end-user vertical over the same period to become the second lar