Global Demand of Agile Development and Testing Services Market Size Will Exceed USD 30 Billion by 2026: Facts & Factors

[205+ Pages Research Study] According to Facts and Factors market research report, the global Agile Development and Testing Services Market size & share revenue is expected to grow from USD 20 Billion in 2020 to reach USD 30 Billion by 2026, at 18% annual CAGR growth during forecast period of 2021-2026. The top market companies profiles included in report with their sales, revenues and strategies are Xoriant Corporation, Cognizant, SolutionsIQ, Tech Mahindra Limited, Mindtree Limited, Salesforce.com, Celerity, Wipro and Others.

New York, NY, Sept. 30, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled *“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”* in its research database

“According to the latest research study, the demand of global Agile Development and Testing Services Market size & share expected to reach to USD 30 Billion by 2026 from USD 20 Billion in 2020, at a compound annual growth rate (CAGR) of 18% during the forecast period 2021 to 2026”

*Global Agile Development and Testing Services Market: Overview*

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.

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*Our Free Sample Report Includes:*

· 2020 Updated Report Introduction, Overview, and In-depth industry analysis
· COVID-19 Pandemic Outbreak Impact Analysis Included
· 205+ Pages Research Report (Inclusion of Updated Research)
· Provide Chapter-wise guidance on Request
· 2020 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
· Includes Updated List of tables & figures
· Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
· Facts and Factors research methodology

*(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)*

*Industry Major Market Players*

· Xoriant Corporation
· Cognizant
· SolutionsIQ
· Tech Mahindra Limited
· Mindtree Limited
· Salesforce.com
· Celerity
· Wipro
· TCS
· Accenture
· Capgemini
· IBM
· Infosys
· EPAM Systems
· HCL Technologies
· Amdocs
· Atos

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*Key questions answered in this report:*

· What is the projected market size & growth rate of the Agile Development and Testing Services Market?
· What are the key driving factors for the growth of the Agile Development and Testing Services Market?
· What are the top companies operative in Agile Development and Testing Services Market?
· What segments are covered in Agile Development and Testing Services Market?
· How can I get free sample report/company profiles of the Agile Development and Testing Services Market?

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*Market Dynamics*

· *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.

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*Global Agile Development and Testing Services Market: Report Scope*

*Report Attribute* *Details*
Market Size 2020 Value USD 20 Billion
Market Forecast for 2026 USD 30 Billion
Expected CAGR Growth CAGR 18% from 2021-2026
Base Year 2020
Forecast Year 2021-2026
Top Market Players Xoriant Corporation, Cognizant, SolutionsIQ, Tech Mahindra Limited, Mindtree Limited, Salesforce.com, and Others
Segments Covered Methodologies, Services Management, Project Execution, Service Type, Testing Type, and Region
Geographies Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Pricing Options Request customized purchase options to meet your research needs. Explore purchase options

*Global Agile Development and Testing Services Market: Segmentation*

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.

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*Global Agile Development and Testing Services Market: Regional Analysis*

· *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

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