QY Research has lately published a new report on “Global Continuous Testing Market: Industrial Chain Market Insights, Growth Trends and Competitive Analysis 2025,” for the forecasted period 8-years, i.e. between 2017 and 2025.
The Continuous Testing Market was 1.01 Billion USD in 2017 and is projected to reach 2.41 Billion USD by 2023, at a CAGR (Compounded Annual Growth Rate) of 15.9% between 2017 and 2023. The market is driven by various end-user industries, such as Small and Medium-sized Enterprises (SMEs), Large Enterprises.
The industry is less concentration, the key brand include Mindtree (India), EPAM Systems (US), HCL Technologies (India), Atos (France), Tech Mahindra (India), Hexaware (India), Tricentis (Austria), Cigniti (India), Larsen and Toubro Infotech (India), NIIT Technologies (India), CA Technologies (US), IBM (US), Capgemini (France), Spirent Communications (UK), Micro Focus (UK), Syntel (US), Cognizant (US), Parasoft (US), Softcrylic (US), LogiGear (US), QualiTest (US), Testplant (UK), Vector Software (US), QA Mentor (US), and SmartBear Software(US).
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of the high-end market. Looking to the future years, the slow upward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in a mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.
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The Global Continuous Testing Market Research Report 2018 report released by QYResearch provides a basic overview of the Continuous Testing industry, including definition, classification, application and industry chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.
The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Continuous Testing industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.
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- QY Research report is designed in a method that assists clients to acquire a complete knowledge of the overall market scenario and the important sectors.
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- Detail information on competitive landscape, recent market trends and changing technologies that can be useful for the companies which are competing in this market
- Gaining knowledge about competitive landscape based on detailed brand share analysis to plan an effective market positioning
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