The global mobile application testing solution market is expected to witness a CAGR of 18.5% during the forecast period (2019-2029).
Enterprises are always looking for quick updates and bug fixes for their mobile application software. However, every time an application is updated, it is required to undergo thorough testing. This is because even a small change in the coding of an application may impact the behavior of those functions that are not necessarily in direct connection. Regression testing validates and confirms the overall performance of an application after updates are introduced to it. Immediate regression testing can be executed with the incorporation of automated testing. For instance, IBM Corporation focuses on enhancing performance of mobile applications, while reducing the number of test cases with its regression testing services. Enterprises are adopting automated testing to accelerate the time-to-market of their mobile applications.
Revenue generated by global mobile application testing solution market is estimated to reach US 20, 350.2Mn by 2029, increasing at a CAGR of 18.5% during the forecast period. Requirement for immediate regression testing with enhanced growth of m-commerce is expected to drive the demand for mobile application testing solutions worldwide. Trends such as Bring Your Own Device (BYOD) and enterprise applications are likely to boost demand in the corporate sector.
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Key Takeaways of Mobile Application Testing Solution Market Study
- The automated testing segment is estimated to hold significant market share during the forecast period as the automation testing can save time and cost and also provides reliable results compared to manual testing.
- Among all devices, smartphones is estimated to register notable CAGR as the demand is increasing for smartphones to resolve various queries or gather information or find solutions to meet everyday requirements which is resulting in a growing demand for such devices.
- Asia Pacific region is witnessing an impressive growth rate in the mobile application testing solution market due to increasing popularity of messaging platforms, new innovative apps and also the IT firms in the region are investing more money to meet increasing customer demands to improve mobile application testing.
m-Commerce Popularity driving the Demand for Rigorous Testing
Usage of m-Commerce distribution channel is estimated to increase with the increasing number of smart mobile device users opting for online wallet and e-Payment features. Developers are offering advanced testing for mobile applications used for the purpose of banking and financial services. These advanced tested applications ensure data security and eliminate the threats of cyber-attacks and privacy breaches. Such features are estimated to boost the adoption of mobile application testing solutions in the market during the forecast period. For instance, Apple Inc. offers users the option of online payment on Apple Inc.’s phones using its app Apple Pay. Other service providers are also developing their own online payment apps. As a result, improved testing and debugging processes are required to be performed to ensure enhanced and secure security and privacy of users.
More Valuable Insights on Mobile Application Testing Solution Market
FMI’s report on the mobile application testing solution market is segmented into five major sections such as type (interactive testing, automated testing), platform (windows, android, iOS, and other), device (smartphones, tablets), end-user (residential, corporate) and region to help readers understand and lucrative evaluate opportunities in the mobile application testing solution market.
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Frequently Asked Questions about Mobile Application Testing Solution Market
What are the future opportunities in the Mobile Application Testing Solution market?
Combination of various testing tools to achieve better performance, increasing adoption of smart connected wearable devices, error elimination during application testing using advanced testing tools. These factors are creating opportunities for the mobile application testing solution provider.
What are the major challenges for Mobile Application Testing Solution Market?
An increasingly agile mobile environment and higher demand for interactive testing over automated testing are the major challenges restricting the growth of the mobile application testing solution market.
Which type of testing will have significant growth in the forecast period?
The automated testing is estimated to hold significant growth owing to the factors like increase efficiency, improves accuracy, consistency, better speed in executing, and no human intervention required.
Which devices holds potential growth opportunities for market players?
The smartphones segment holds potential growth opportunities as the demand is increasing for smartphones to resolve various queries or gather information or find solutions to meet everyday requirements which is resulting in a growing demand for such devices.
Which region is expected to be at forefront in the Mobile Application Testing Solution market?
Asia Pacific is anticipated to remain at forefront, offering high growth opportunities for players in the mobile application testing solution market due to rapid technological advancements such as introduction of IOT in mobile application are providing opportunities to mobile application testing solution providers in the region.
Who are the major companies leading the Mobile Application Testing Solution market?
Prominent companies in the Mobile Application Testing Solution market include LG Digital, Sony Corporation, Innolux Corp, Sharp Corporation, Panasonic Corporation, Samsung Electronics, AU Optronics.