Software Testing Services Market in ANZ Market | Insights on the Crisis and the Roadmap to Recovery from COVID-19 Pandemic | Technavio
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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Technavio has announced its latest market research report titled Software Testing Services Market in ANZ 2020-2024 (Graphic: Business Wire)
Get a detailed Insights Highlights on COVID-19 pandemic Crisis and Recovery analysis of software testing services market in ANZ. Download free report sample
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
Software Testing Services Market in ANZ 2020-2024: Segmentation
Software Testing Services Market in ANZ is segmented as below:
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.
The software testing services market in ANZ is driven by need for cost reduction and faster time-to-market and increased adoption of SaaS (News - Alert)-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:
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Table of Contents:
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by End-user
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