Los Angeles, January 27, 2020 -Demand for protection of enterprise application and data is the primary trigger for rise in mobile testing market. Government regulations related to the safety of enterprises in another factor boosting the global market. QY Research has recently published a report, titled “Global Mobile Testing Market 2020 by Company, Regions, Type and Application, Forecast to 2026”, sharing an insight into the growth opportunities that lie in the global market. According to the report, the global mobile testing market was worth US$4907.39mn during 2019 and is expected to reach US$11084.09mn by the end of 2025, registering a CAGR of 12.37% during the forecast period.
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Improved Safety Measures due to Mobile Testing to Boost its Market
Rise in cyber-attacks is jeopardizing numerous users and their private information. The harm caused due to these attacks is boosting the demand for effective solutions. Improved IT infrastructure in developed and developing countries is augmenting the demand for improved security solutions thus, paving way for mobile testing market. The market is expected to rise due to protection of information and stringent government regulations. Innovations in the industry are providing better quality and faster solutions in the market. There is a rise in expectation from customers for better features and performance.
IT sector is rising owing to technological advancements hence, state of the art mobile testing services are expected to fulfil the demands. Mobile phones are the most crucial part of majority of human lives today, making them indispensable. With advancing technology, production of mobile phones with upgraded versions are increasing with each year. This increases the demand for mobile testing market.
Evolving IT Sector to Augment Mobile Testing Market
IT sector is one of the booming industries at the moment due to increase in automation in each industry therefore, IT segment is expected to flourish during the forecast period.
Technologically Developed North America to Lead the Global Market
North America is expected to lead the global market as this region has the largest technology industry owing to its advancement in the same. This region has the highest number of powerful key players from the IT and technology sector. It is also the region that witnesses first hand innovations.
Key players are investing in innovations to compete in the market. The global market is fragmented owing to existence of numerous players. Players are adopting pricing strategy and value added features.
The key players operating in the global mobile testing market are IBM, Accenture, Wipro, Capgemini, Cognizant, Infosys, NTT Data, QualiTest, Cigniti, and ITechArt.
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