|By PR Newswire||
|February 24, 2014 11:47 AM EST||
LONDON, Feb. 24, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report:
This IDC study provides a 2013-2017 forecast and 2012 vendor share analysis for the worldwide cloud testing and automated software quality (ASQ) software-as-a-service (SaaS) market, which experienced 37.7% growth, up from 2011.
As companies reinvest in the context of ongoing economic volatility, the ASQ SaaS and cloud testing market is slated for a very strong overall trajectory of growth over the forecast period. This growth results from a variety of factors, including demand for dynamic provisioning, the challenges of staffing cuts, and the need to manage quality with complex sourcing for application development projects, regulatory compliance, increased complexity of emerging deployment paradigms with mobile particularly, and adoption of software-as-a-service licensing as organizations move toward cloud testing. As the largest vendors in the ASQ space announced and delivered offerings in this market in 2012 and 2013 and with strong early user adoption already, IDC expects a huge CAGR (on low initial base revenue) of 31.1% for 2013-2017, resulting in projected 2017 revenue of $1 billion. At the same time, vendors must address user concerns about reliability, scalability, performance, and SLA management as cloud testing offerings emerge.
"In the face of a volatile global economy, reinvestment but constrained IT staffing, and complex sourcing, demand is emerging strongly for SaaS ASQ and cloud testing solutions and will continue to do so throughout the forecast period, driven by customer demand for innovative cloud delivery models for quality and offerings from both small third-party providers and larger vendors," says Melinda Ballou, program director for Application Life-Cycle Management and Executive Strategies at IDC. "As we continue to see challenging global competitive and economic pressures, diverse deployment demand and innovation are driving higher comfort levels with SaaS and cloud approaches for testing. These enable rapid access to both quality solutions and support infrastructure to sustain complex software sourcing and distributed development environments. SaaS and cloud testing require fewer resources and decapitalized expenditures and low initial cost compared with on-premise ASQ solutions and facilitate faster quality approaches. Smaller vendors will continue to play a role for market innovation, as we see from emerging SaaS and early 'cloud' testing solutions. We expect ongoing acquisitions in this space, particularly in the 2013-2014 time frame."
Table of Contents
In This Study
Cloud Testing and Automated Software Quality Software-as-a-Service Market Definition
The Cloud Testing and ASQ SaaS Market in 2012
Performance of Leading Vendors in 2012
Performance by Geographic Region in 2012
Forecast and Assumptions
Worldwide Cloud Testing and ASQ SaaS Forecast, 2013-2017
Historical Market Values and Exchange Rates
Table: Worldwide Cloud Testing and ASQ SaaS Revenue by Vendor, 2008-2012 ($M)
Table: Worldwide Cloud Testing and ASQ SaaS Revenue by Region, 2008-2017 ($M)
Table: Top 3 Assumptions for the Worldwide Cloud Testing and ASQ Software-as-a-Service Market, 2013-2017
Table: Key Forecast Assumptions for the Worldwide Cloud Testing and ASQ Software-as-a-Service Market, 2013-2017
Table: Worldwide Cloud Testing and ASQ SaaS Revenue by Region, 2008-2017: Comparison of September 2012 and December 2013 Forecasts ($M)
Table: Exchange Rates, 2003-2012 (%)
Figure: Worldwide Cloud Testing and ASQ SaaS Revenue Share by Region, 2012
Figure: Worldwide Cloud Testing and ASQ SaaS Revenue by Region, 2012 and 2017
Figure: Worldwide Cloud Testing and ASQ SaaS Revenue and Growth, 2008-2017
Figure: Worldwide Cloud Testing and ASQ SaaS Revenue by Region, 2008-2017: Comparison of September 2012 and December 2013 Forecasts
Read the full report:
Worldwide Cloud Testing and ASQ Software as a Service 2013-2017 Forecast and 2012 Vendor Shares: Driving Quality Adoption
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