Global Agile Development and Testing Services Market Projected to Grow at USD 30 Billion by 2026

27-Sep-2021 | Facts and Factors

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%.

Physical systems and a virtual environment are combined in the construction of the complex IT infrastructure, which necessitates routine testing and inspections for proper feedback and continuous deployment. Due to reasons such as constantly shifting needs, a lack of data sources technical capabilities, or inappropriate quality assessment, digital firms' quality assurance, and accreditation teams often battle to find the right balance between program stability and duration. The notion of Continuous Integration (CI) is well-known in the industry, but there remained a gap in the deployment process, which provided an opportunity for agile development and testing market. Demand for software development is increasing as organizations around the world become more digital. In addition, growing organizations are leading the way in terms of enhancing their efficiency by automating their testing operations. As a result, the rising need for consistent and timely delivery is propelling the market forward. Furthermore, the market is benefiting from the introduction of agile and DevOps approaches to project management.

Request Sample Request Customization Buy Now

Top Market Players

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.

Report Attribute

Details

Market Size in 2020

USD 20 Billion

Projected Market Size in 2026

USD 30 Billion

CAGR Growth Rate

18% CAGR

Base Year

2020

Forecast Years

2026

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

Purchase Options

Request customized purchase options to meet your research needs. Explore purchase options

Digital Transformation of Businesses

The rise of the IT industry and the adoption of cloud services across sectors have created demand, but due to a large number of software development companies in the market and growing awareness of agile project management approaches, the market concentration is fragmenting and is expected to continue in the forecast period. For instance, in January 2019, Xoriant, a Silicon Valley-based technology-oriented engineering, programming, and technology solutions firm, signed a memorandum of understanding with Vishwakarma Institute of Technology (VIT), a leading engineering institution in Pune with a National accreditation level of A++ rating. Xoriant will build Centers of Excellence for VIT in digital technologies like machine learning, artificial intelligence, deep learning, and data science, according to the MoU. For the teachers and students of VIT, Xoriant plans to host creative sessions and set up labs with a training program curriculum developed by skilled technological professionals.

Developments in quality assurance (QA) and testing are strongly connected with software development in the digital world. The senior management has made ensuring a flawless client experience service top quality assurance (QA) priority. As a result, decision-makers are focusing on the importance of software quality in improving customer experience. Capgemini's Agile Managed Testing Services (MTS) is a comprehensive quality check and testing professional service approach. Through OneShare, it allows for quick deployment of test environments also while providing information and architecture to facilitate iterative deployment. To provide quality control, Agile MTS combines detailed test advice and test services.

Automated test solutions speed up the testing process and increase the effectiveness of the testing process. The fundamental goal of automated testing solutions is to eliminate manual intervention while also increasing testing output. These services help firms save money on testing by allowing them to execute test scripts at any time, increasing productivity and software features.  This increase in supply for test automation services will result in the worldwide agile development and testing services market expanding.

Asia Pacific Is The Fastest-Growing Region

Due to rapid digitalization adoption in China and India, Asia Pacific would be the fastest-growing market throughout the forecast period. India's government has created investment and scheme plans to support the country's digitization. The Indian government's National Digital Literacy Mission to promote digital literacy is expected to drive the market size in the future. The project entails the training of 52.5 lakh people across the country in information technology. India is the main center for outsourcing IT software and services due to the availability of experienced IT people at affordable wages. Furthermore, the expansion of the online retail industry in China, Malaysia, and India, owing to rising consumer money and lifestyles, provides an opportunity for software testing businesses to improve user experience. The presence of large online retail firms like Alibaba and Amazon in the region is projected to increase demand for web and application testing services. Certain developments are anticipated to grow during the forecast period.

Browse the full report Agile Development and Testing Services Market By Methodologies (Scrum, Kanban and Lean), By Services Management (Development and Testing), By Project Execution (Delivery and Product Development), By Service Type (Professional and Managed), By Testing Type (Functionality, Security, and Automation): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2026” at https://www.fnfresearch.com/agile-development-and-testing-services-market

The global agile development and testing services market is segmented as follows:

By Methodologies:

  • Scrum
  • Kanban
  • Lean

By Services Management:

  • Development
  • Testing

By Project Execution:

  • Delivery
  • Product Development

By Service Type:

  • Professional
  • Managed

By Testing Type:

  • Functionality
  • Security
  • Automation

By Region:

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:
Facts & Factors

A 2108, Sargam,
Nanded City,
Sinhagad Road,
Pune 411041, India
USA: +1-347-989-3985
Email: [email protected]

Web: https://www.fnfresearch.com


Latest Market Research Reports

report img

Online On-Demand Laundry Service Market Report 2024 – 2032

[228+ Pages Report] According to Facts Factors, the global online on-demand laundry service market size in terms of revenue was valued at around USD 27.52 billion in 2023 and is expected to reach a value of USD 326.18 billion by 2032, growing at a CAGR of roughly 31.6% from 2024 to 2032. The global

Published Date : 27-May-2024 | | Category : Consumer Goods | Pages : 227 | Format : Read more

Inquiry for Buying Request Sample
report img

Portable Generator Market Report 2024 – 2032

[227+ Pages Report] According to Facts Factors, the global portable generator market size in terms of revenue was valued at around USD 4.87 billion in 2023 and is expected to reach a value of USD 8.12 billion by 2032, growing at a CAGR of roughly 5.84% from 2024 to 2032. The global portable generat

Published Date : 27-May-2024 | | Category : Energy & Mining | Pages : 228 | Format : Read more

Inquiry for Buying Request Sample
report img

Bubble Tea Market Report 2024 – 2032

[224+ Pages Report] According to Facts Factors, the global bubble tea market size in terms of revenue was valued at around USD 2,890 million in 2023 and is expected to reach a value of USD 6,120 million by 2032, growing at a CAGR of roughly 8.69% from 2024 to 2032. The global bubble tea market is p

Published Date : 24-May-2024 | | Category : Food & Beverages | Pages : 224 | Format : Read more

Inquiry for Buying Request Sample
report img

Greenhouse Horticulture Market Report 2024 – 2032

[224+ Pages Report] According to Facts Factors, the global greenhouse horticulture market size in terms of revenue was valued at around USD 32.16 billion in 2023 and is expected to reach a value of USD 64.38 billion by 2032, growing at a CAGR of roughly 8.02% from 2024 to 2032. The global greenhous

Published Date : 24-May-2024 | | Category : Energy & Mining | Pages : 224 | Format : Read more

Inquiry for Buying Request Sample
report img

E-Cigarette and Vape Market Report 2024 – 2032

[225+ Pages Report] According to Facts Factors, the global e-cigarette and vape market size in terms of revenue was valued at around USD 27.92 billion in 2023 and is expected to reach a value of USD 72.36 billion by 2032, growing at a CAGR of roughly 11.16% from 2024 to 2032. The global e-cigarette

Published Date : 24-May-2024 | | Category : Consumer Goods | Pages : 225 | Format : Read more

Inquiry for Buying Request Sample

Why FnF Market Research?

1 Inflallible Methodology

to ensure high-level data integrity, accurate analysis, and impeccable forecasts

2 Analyst Support

for complete satisfaction

3 Customization

on-demand customization of scope of the report to exactly meet your needs

4 Targeted Market View

Targeted market view to provide pertinent information and save time of readers

5 Agile Approach

A faster and efficient way to cater to the needs with continuous iteration