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[197+ Pages Report] As per the Facts and Factors market research report, the demand for the global agile development and testing services market grows during the forecast period. The market was valued at around USD 20 Billion in 2020 and is expected to reach around USD 30 Billion by 2026 at a CAGR of 18%.
Agile can be characterized as the capacity to move swiftly, think quickly, and solve problems quickly. Given the rapid pace of technology advancement, today's organizations must be adaptable, able to achieve faster time-to-market while lowering costs. Technology is a significant aspect in determining a company's success. This necessitates IT that is inventive, dependable, and adaptable to changing needs. Agile software development is a set of approaches in which cross-functional teams collaborate to develop needs and solutions. Agile software development encourages a disciplined approach to procedures and includes checks and adaptations at various stages. This necessitates accountability and encourages the implementation of best engineering practices, resulting in the speedy delivery of high-quality software and business strategies that are tailored to the needs of customers. Agile software development is any software development that adheres to the Agile Manifesto's principles. The authors of this manifesto are well-known figures in the IT software business, and it reflects on the finest approaches to software development. Individual encounters, consumer collaboration, continuous testing, and improvement are all emphasized. IT is leaning toward becoming more nimble as new capabilities bring new problems.
Agile testing is based on the sequential development technique, in which clients and checking teams define criteria incrementally. The agile testing method is continual rather than sequential. Testing begins at the commencement of the process and is constantly linked with development. Agile development and testing have the goal of producing a superior-quality product. The test data objectives, architecture, test automation, and diagnostic testing are all included in the agile test strategy for that cycle.
With the growth of technology, gadgets, and apps, the services that support them have become crucially influential, necessitating the IT sector to manage the solutions it delivers. Agile development services are anticipated to expand in popularity as a result of this, as well as the need to deliver greater value. Customer satisfaction is a top priority in agile methodology and development. It prioritizes the delivery of useful software and adapts to changing requirements, even late in the software development process. Because businesses in the IT sector should indeed meet timelines while maintaining high quality, a growing number of firms are turning to the agile style of application development and testing.
The use of artificial intelligence and machine learning in product testing has enhanced the effectiveness and quality of testing services. Due to the increased usage of mobile apps, web apps, and software, suppliers are aggressively investing in incorporating technology, such as AI and ML, into their offerings in order to give high-quality software applications to clients. To execute testing facilities such as regression testing and performance tuning, AI and ML technologies are employed to collect, analyze, and evaluate data. This innovation is projected to have a beneficial effect on the market growth as a whole.
The global agile development and testing services market is segmented into methodologies, services management, project execution, service type, and testing type. The methodologies segment is categorized into the scrum, kanban, and lean. Development and testing are categorized under the services management segment of the global agile development and testing services market. The project execution segment is bifurcated into delivery and product development. The service type segment is classified into professional services and managed services. The testing type is bifurcated into functionality, security, and automation.
|Market Size in 2020||USD 20 Billion|
|Projected Market Size in 2026||USD 30 Billion|
|CAGR Growth Rate||18% CAGR|
|Key Market Players||Xoriant Corporation, Cognizant, SolutionsIQ, Tech Mahindra Limited, Mindtree Limited, Salesforce.com, and Others|
|Key Segments||Methodologies, Services Management, Project Execution, Service Type, Testing Type, and Region|
|Major Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa|
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Due to the obvious widespread use of software in many verticals such as healthcare, manufacturing, and other industries, North America is predicted to lead the market growth. Furthermore, as internet infrastructure improves and more web and mobile applications are used, the requirement for rapid testing and deployment grows. The rising use of Agile and DevOps methodologies has had a substantial impact on how testing is organized.
Some of the key players in the global agile development and testing services market are Xoriant Corporation, Cognizant, SolutionsIQ, Tech Mahindra Limited, Mindtree Limited, Salesforce.com, Celerity, Wipro, TCS, Accenture, Capgemini, IBM, Infosys, EPAM Systems, HCL Technologies, Amdocs, and Atos among others.
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