India likely to become top spot for software testing

India is set to take over the global market for software testing as an increasing number of software development companies outsource their testing jobs to the country, Tribune India reported.

According to industry experts, India is projected to control 70% of the market for software testing in the future.

The market for software testing was estimated to be worth $40 billion in 2021 and is projected to grow at a compounded annual growth rate (CAGR) of more than 6% to $70 billion by 2030.

Major players in the industry are either based out of India or have some of their biggest offshore delivery centers in the country.

Manish Gupta, CEO of TestingXperts, the world’s fifth-largest pure play QA and software testing company, said that ongoing technological and digital transformation shifts require organizations to indulge in ongoing innovation and self-reinvention.

Gupta added that to develop and deliver high-quality software quickly, organizations must constantly innovate and reinvent themselves by identifying ways to improve their processes and technologies.

Software testing is the key to ensuring the correctness of application development and enhancements, accounting for about 30% of the project’s overall cost. The final product, which has undergone sufficient software testing, performs better than anticipated results if it navigates through various testing levels effectively.

The testers can identify the faults at each level and take steps to avoid such hiccups in the future. A survey published in 2017 by Tricentis revealed that global businesses have reported a loss of $1.7 trillion in assets, which has an impact on 3.7 million individuals worldwide due to software failure.

India stands out individually as one of the global software testing market’s major territories, including the US, Europe, Japan, China, India, and South East Asia.

According to industry experts, the majority of testing jobs across the world will be outsourced to India. Major Indian software development companies such as Infosys, Tata Consultancy Services, Wipro, and HCL Technologies are expected to play a significant role in India’s predicted dominance of the global software testing market. –

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