Boston, MA -- (SBWIRE) -- 07/22/2014 -- Every business today is predominantly run by IT, and what was once a mere business-enabling function is now a strategic function in many organizations. Currently, organizations are investing heavily in IT infrastructure, so the importance of and demand for quality software is growing by the day. It is the quality of the software that differentiates an organization from its peers and helps it deliver better value to its clients. Organizations the worldover are willing to go the proverbial extra mile to ensure that their software is of the best quality. In this context, software testing services are gaining prominence and are evolving as a specialty service.

TechNavio's analysts forecast the Global Outsourced Software Testing Services market will grow at a CAGR of 10.48 percent over the period 2013-2018.

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Covered in this Report

The Global Outsourced Software Testing Services market can be divided into two segments: Traditional Testing Services and Independent/Specialized Testing Services. The former testing services are offered under an integrated software contract while the latter are offered under an "testing only" contract.

TechNavio's report, the Global Outsourced Software Testing Services Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global Outsourced Software Testing Services market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions

- Americas
- EMEA
- APAC

Key Vendors

- Accenture plc
- Amdocs Ltd.
- Capgemini SA
- Cognizant Technology Solutions
- Computer Sciences Corp.
- HP
- IBM Corp.
- Infosys Ltd.
- Tata Consultancy Services Ltd.
- Wipro Ltd.

Other Prominent Vendors

- Cigniti Technologies Ltd.
- HCL Technologies Ltd.
- Logica
- Mindtree
- Software Quality Systems AG
- Tech Mahindra
- Thinksoft Global Services

Key Market Driver

- Increased Focus on Cost Savings
- For a full, detailed list, view our report.

Key Market Challenge

- Lack of Skilled Professionals
- For a full, detailed list, view our report.

Key Market Trend

- Verticalization
- For a full, detailed list, view our report.

Key Questions Answered in this Report

- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Accenture plc, Amdocs Ltd., Capgemini SA, Cognizant Technology Solutions, Computer Sciences Corp., HP, IBM Corp., Infosys Ltd., Tata Consultancy Services Ltd., Wipro Ltd., Cigniti Technologies Ltd., HCL Technologies Ltd., Logica, Mindtree, Software Quality Systems AG, Tech Mahindra, Thinksoft Global Services

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