January 18th, 2023
Test Environment as a Service Market is anticipated to register a CAGR of 23.5% during the forecast period.The global test environment as a service market is expected to register moderate growth over the forecast period. This is attributed to Increasing adoption of test environment as a service, owing to it allows speeding up software release schedules, to cut infrastructure costs, and increase team productivity. Furthermore, rising utilization of test environment as a service for testing services drives growth of the global test environment as a service market.
The report "Global Test Environment as a Service Market, By Area (Cloud Computing, Data Center, Enterprise Application, and IT Security), By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2029"
· On August 2018, HCL Technologies Limited launched Al-powered testing automation platform for communication service providers. It is an artificial intelligence (AI)-based, end-to-end testing automation platform, aimed at communication service providers
Key Market Insights from the report:
Global Test Environment as a Service Market is anticipated to register a CAGR of 23.5% during the forecast period. over the forecast period. The market report has been segmented on the basis of areas and region.
· By area, the global test environment as a service market is categorized into cloud computing, data center, enterprise application, and IT security.
· By region, North America test environment as a service market is accounted for major revenue share of the global test environment as a service market and is further anticipated to maintain its dominance over the forecast period, owing to increasing demand for cloud testing and automated software quality software as a service (SaaS) among organizations in the countries of the North America region. The Europe test environment as a service market is accounted for significant share in terms of revenue as compared to that of other regions over the forecast period, in 2018.
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The prominent player operating in the global test environment as a service market includes CSC Computer Sciences Limited, HCL Technologies Limited, International Business Machines Corporation, Wipro Limited, Atos SE, CA technologies, Cognizant Technology Solutions Corporation, Accenture plc, and Capgemini SE.
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