Software Testing Market Size - By Component (Application, Services), By Type (System Integrator, Pureplay Software Testing), By Industry (Mobile, Web-based), By Business Type (B2B, B2C), By Application & Forecast, 2024 - 2032

Accenture, Capgemini, Cognizant, IBM, NTT Data, TCS, and Wipro, are some of the major software testing companies worldwide.

North America market held 47% share in 2023, attributed to businesses across industries embracing digital transformation initiatives leading to need for robust testing solutions in the region.

The market size of software testing reached USD 51.8 billion in 2023 and is set to witness 7% CAGR from 2024 to 2032, owing to increasing product launches and innovations by big companies worldwide.

Software testing industry from the application segment and is expected to reach over USD 53.6 billion by 2032, due to businesses requiring efficient and secure applications leading to the critical need for robust testing solutions.