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Research and Markets: Global Software Testing Services Market 2011-2015: The Global Software Testing Services Market to Grow At A CAGR Of 5.16 Percent

Research and Markets (http://www.researchandmarkets.com/research/mw7xgt/global_software) has announced the addition of the "Global Software Testing Services Market 2011-2015" report to their offering.

One of the key factors contributing to this market growth is the reduction in operational time and cost. The Global Software Testing Services market has also been witnessing a shifting focus toward cloud-based testing. Moreover, the shortage of skilled labor could pose a challenge to the growth of this market.

Key vendors dominating this market space include Accenture plc, Cognizant Technology Solutions Corp., IBM Corp., and Wipro Ltd.

Other vendors mentioned in the report: Cap Gemini SA, HP Co., Infosys Ltd., TCS Ltd., Micro Focus International plc., HCL Technologies Ltd., AppLabs Technologies Pvt. Ltd., Logica plc., Software Quality Systems AG, Thinksoft Global Services Ltd., Tech Mahindra Ltd., and Hexaware Technologies Ltd.

Commenting on the report, an analyst from TechNavio's IT Services team said: ''The Global Pure Play Software Testing Services market is witnessing a trend of vendors offering cloud-based testing solutions. By moving IT infrastructure to the cloud, organizations reduce the capital investment as well as the cost of maintenance, security, and infrastructure. Furthermore, with the testing taking place over the cloud, testers can work independently to decrease the testing time by accessing the tested software on the cloud even in the product development stage.''

According to the report, one of the major drivers in this market is the reduction in operational time and cost. As a result of the intensifying competition in the Global Software Testing Services market, companies are increasingly focusing on product development and R&D to develop a superior-quality product. As a result, companies are increasingly hiring independent testing vendors that specialize in testing services and possess the necessary tools required for testing.

Further, the report discusses that one of the major concerns for the market is the shortage of skilled labor.

For more information visit http://www.researchandmarkets.com/research/mw7xgt/global_software

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