Software Quality Assurance Market Study Report Based on Size, Shares, Opportunities, Industry Trends and Forecast to 2030

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Software Quality Assurance Market Overview

The software quality assurance (SQA) market has seen steady growth over the past few years driven by the increasing need for better software quality and reliability across various industries. SQA involves various processes, methods, and tools to ensure that software products meet quality standards and requirements.

Software Quality Assurance Market is projected to expand at a CAGR of 8.80% and will reach up to USD 20.8 Billion by 2030. The market growth is fueled by the rising adoption of automated testing tools and methodologies, the emergence of DevOps and shifting left concepts, increasing deployment of SaaS-based solutions, and stringent government regulations around software quality and compliance.

North America accounted for the largest market share of around 38% in 2021. However, the Asia Pacific region is expected to grow at the highest CAGR during the forecast period owing to rapid digitalization and investments in software testing services in countries like China and India.

Key Market Segments

By solution, the market is segmented into software testing and quality assurance services. The services segment accounted for the largest revenue share in 2021. The services include consulting, training, implementation, auditing and outsourced QA services offered by vendors to enterprises across diverse industry verticals.

Based on testing type, functional testing and non-functional testing are the key segments. Functional testing held the dominant share in 2021, while non-functional testing is expected to exhibit the higher growth rate over the forecast period.

On the basis of organization size, the SQA market is bifurcated into SMEs and large enterprises. The large enterprises’ segment accounted for the major share in 2021. However, the SMEs segment is anticipated to grow at a higher CAGR during the forecast period.

Depending on vertical, the key segments include IT, telecom, BFSI, retail, healthcare, media and entertainment, and others. The IT and telecom vertical is the leading revenue generator in the market.

Key Companies

Some of the key players operating in the global SQA market are Accenture, Capgemini, Wipro, Tech Mahindra, Atos, Infosys, TCS, Cigniti Technologies, IBM, Gallop Solutions, Micro Focus, Cognizant, and CDAC among others. These companies are focusing on partnerships, service portfolio expansion, innovations in testing methodologies to gain a competitive advantage.

Market Drivers

  • The rising need for software applications across business processes is increasing the demand for SQA services to ensure bug-free software with enhanced customer experience.
  • The adoption of Agile and DevOps methodologies that rely on continuous testing and integration is contributing to the market growth.
  • Government regulations related to software quality and information security compliance are creating the need for SQA adoption across enterprises.
  • Technological advances such as AI, cloud computing, big data analytics are being leveraged by SQA vendors to improve testing coverage, reduce costs and time-to-market.

Regional Insights

North America will retain market dominance during the forecast period driven by early adoption of automated testing tools, advanced technologies, presence of leading SQA vendors and in-house quality assurance teams in this region.

Asia Pacific will exhibit the fastest growth over 2022-2028. The key factors include rapid digital transformation, investments in R&D, outsourcing of testing services to regional companies and talent availability.

Browse In-depth Market Research Report (111 Pages, Charts, Tables, Figures) on Software Quality Assurance Market

Industry Latest News

  • In June 2022, Accenture acquired Headspring to enhance its SQA capabilities in cloud migration and transformation across Amazon Web Services, Microsoft Azure and Google Cloud Platform.
  • In May 2022, Capgemini acquired Rufus Leonard, a creative agency, to strengthen its offering across customer experience, branding, and marketing.
  • Infosys announced a strategic collaboration with MIT in January 2022 to advance research in intelligent industry systems. This will boost its SQA capabilities leveraging AI and advanced technologies.
  • Wipro launched its SQA Centers of Excellence across the world in 2021 to provide comprehensive testing services to clients globally.

The SQA market outlook remains positive driven by the criticality of software quality, emergence of next-gen technologies, and rising complexities in software development. Testing specialists, technology providers, system integrators and IT services companies are expected to benefit the most from this high-growth market in the coming years.

 
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