The Global Mobile Application Testing Solution Market is growing with the rapid pace mainly due to the growth of the mobile application testing market are increasing demand for smartphones or tablets. According to a recent study report published by the Market Research Future, The global market of Mobile Application Testing Solution is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2016 – 2022).
The Global Mobile Application Testing Solution Market is driven by the adoption of new technologies, changing lifestyle and growing adoption by corporates to protect their mobile application portfolio. Furthermore, Mobile application testing solution provides fast testing solution according to their applications. On the other hand, the increasing demand for interactive testing over automated testing are some of the factors hindering the growth of Mobile Application Testing Solution Market. The Mobile Application Testing Solution market is highly competitive due to the increase in web based applications and Government funding towards secured centrally connected systems.
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Major Key Players
CA Technologies (U.S.), Cognizant Technology Solution Corp (U.S.), Symantec Corporation (U.S.), Hewlett Packard Enterprise (U.S.), Oracle Corporation (U.S.), SAP SE (Germany), SAS Institute Inc. (U.S.), IBM Corporation (U.S.), Microsoft Corporation (U.S.), Capgemini (France), Infostretch Corporation (U.S.) Micro Focus (EntIT Software LLC) (U.S), are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Mobile Application Testing Solution Market.
According to MRFR, The global Mobile Application Testing Solution Market is expected to reach approximately USD 9 billion by the end of 2022 with 21% CAGR during forecast period 2016-2022.
Latest Industry News
• With sales of storage and networking devices of Hewlett Packard Enterprise Co. witnessing 1.12% core business in past few months, Hewlett Packard Enterprise (HPE) is raising its annual profit targets while boosting planned returns to shareholders. HPE has plans to lift its dividend 50% in its third quarter. By the end of its fiscal 2019, it intends to buy back over $5.5 billion of its stock through. HPE is targeting a return of about $7 billion to shareholders.
• Since March 2018, shares of Oracle have fallen more than 10 percent. Credit Suisse analysts said that third-quarter earnings were “generally underwhelmed on most relevant metrics.” Oracle beat Wall Street estimates on earnings per share, reporting 83 cents compared with Thomson Reuters consensus estimates of 72 cents. However, it came in just below revenue estimates, dragged down by slow cloud revenue growth.
Market Research Future (MRFR) has prepared a report on the mobile application testing solution market that predicts the growth at 21% Compound Annual Growth Rate (CAGR) for the forecast period from 2016 to 2022. This report to provides a detailed analysis of the market structure. It also forecasts various segments and sub-segments of the global mobile application testing solution market. It also provides insights into factors affecting the market growth and analyzes global mobile application testing solution market by Porter’s five force analysis etc. The country-level analysis of the market concerning the current market size and the future prospective market has been featured in this report, along with competitive developments such as acquisitions, joint ventures, mergers, new product developments, and research and developments (R&D) in the global mobile application testing solutions.
The global mobile application testing solution market has been in segmented into the application, end-users, type, platform, and region. Types of mobile application testing solution have been sub-segmented into automated testing and manual testing. Platforms have been sub-segmented into Android, iOS, and Windows. By end-users, sub-segmentation draws a line between corporate and residential. Corporate end-users are organizations who pay for and use mobile applications for their business purposes. Residential end-users are individuals who download apps from app stores and use them for their personal purposes.
Regional segmentation of global mobile application testing solutions market covers North-America, Europe, Asia-Pacific and Rest of the World (RoW). Among these regions, North-America has been accounted for the largest market share due to changing lifestyle, increasing adoption of new mobile solutions and increasing consumer preference for smartphones. However, the mobile application testing solutions market is expected to grow in Asia-Pacific region during the forecast period majorly due to rapid technological advancements and with Asian countries becoming hub manufacturing operations for companies around the world. In Europe, the biggest market for mobile application testing solutions is Romania due to various mobile development projects and companies outsourcing their testing operations to Romania.
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