Mobile application testing solution market demand to expand at 19.88% CAGR

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Mobile application testing solution market demand to expand at 19.88% CAGR

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Global mobile application testing solution market is majorly driven by the rising population of smartphone users across the globe, according to our research report “Global Mobile Application Testing Solution Market Outlook 2023”.

Regionally, the mobile application testing solution market is segmented into North America, Latin America, Europe, Asia-Pacific, Russia, MENA and Oceanic. Among these, North-America is anticipated to witness a significant growth and occupy the largest share of the mobile application testing solution market by 2023.   

The global population of smartphone users is projected to expand significantly across the globe during the forecast period i.e. 2016-2023. The rise of population of smartphone users across the globe is due to urbanization and increase in gross disposable income of the population. This growth in the smartphone users is expected to raise the demand of high-end mobile applications for residential and corporate sectors. Further continuous dip in the average cost of the data plans with high speed data transfer like 3G & 4G are project to give a boost to the smartphone companies and other hardware/software providers. The smartphone users are expected to reach 2,655.8 Million by 2019 from 1,594.2 Million in 2014.

In addition to this, rise in m-commerce sector across the globe with the simultaneous growth of IT sector globally is expected to raise the demand for mobile application testing solutions over the forecast period of 2015-2021.

North-America is expected to register a CAGR of 19.20& over the forecast period of 2015-2021 due to rise in tech savvy population and rising penetration of smartphone users across the region.

Asia-Pacific is estimated to expand at a highest CAGR of 28.5% in terms of value during the forecast period 2016-2023 due to availability of low cost smartphones and low cost data across the region which will further expected to boost the mobile application testing solution market globally.

The report titled Global Mobile Application Testing Solution Market Outlook 2023 delivers detailed overview of the mobile application testing solution market in terms of market segmentation by regions, by products, by services, by platform, by end-user industry.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

This report also provides the existing competitive scenario of some of the key players of the mobile application testing solution industry which includes company profiling of CA Technologies, Hewlett Packard Enterprise, Cognizant Technology Solution Corporation, Jamo Solutions, etc. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview on the global mobile application testing solution market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

To know more about this research, kindly visit http://www.researchnester.com/reports/mobile-application-testing-solution-market-global-demand-analysis-opportunity-outlook-2021/154

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