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Global Mobile Application Testing Solution Market to Expand at a CAGR of 19.5% Between 2016 and 2026

01-11-2017 01:15 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Global Mobile Application Testing Solution Market to Expand at

The global mobile application testing solution market is anticipated to grow from US$ 2.2 Bn in 2016 to US$ 13.3 Bn by 2026, increasing at a CAGR of 19.5% during the forecast period. In a new report “Global Mobile Application Testing Solution Market”, Future Market Insights studies the global market for mobile application testing solutions and presents a forecast in terms of revenue for the period 2016–2026. Requirement for immediate regression testing with enhanced growth of m-commerce and an increasing demand from the corporate sector and residential sector is anticipated to drive growth of the global mobile application testing solution market over the forecast period. Trends such as Bring Your Own Device (BYOD) and enterprise applications are likely to boost demand in the corporate sector.
An increasingly agile mobile environment and higher demand for interactive testing over automated testing are the major challenges faced by mobile application testing solution providers globally. Opportunities for growth in the global mobile application testing solution market lie in the expansion of the IT sector and introduction of new technologies. These factors are expected to help enhance the quality of mobile application testing solutions in the near future.

Segmentation-wise market forecast
By Type (Interactive Testing, Automated Testing): The Interactive Testing segment in the global mobile application testing solution market was valued at US$ 1.06 Bn in 2015 and is expected to reach US$ 6.88 Bn by 2026. The Automated Testing segment in the global mobile application testing solution market was valued at US$ 853.1 Mn in 2015 and is expected to reach US$ 6.40 Bn by 2026.

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By Platform (Android, iOS, Windows, RIM, Others): In terms of value, the Android segment is expected to expand at a CAGR of 20.2% over the forecast period. In terms of value, the iOS segment is expected to expand at a CAGR of 19.7% over the forecast period.

By Device (Smartphones, Tablets): The Smartphones segment in the global mobile application testing solution market is expected to reach US$ 10.60 Bn by 2026. The Tablets segment in the global mobile application testing solution market is expected to reach US$ 2.68 Bn by 2026.
By End Users (Residential, Corporate): The Residential segment is expected to create incremental opportunity of US$ 6.73 Bn between 2016 and 2026. The Corporate segment is expected to create incremental opportunity of US$ 4.31 Bn between 2016 and 2026.

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About Us – Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.

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Website: www.futuremarketinsights.com

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