Compliance Testing Solutions is type of testing that determines whether the software product, process, system or computer program meets a defined set of standards, regulation and specification before it is released into production. Compliance testing is helps to ensure the compliance of deliverables of each phase in development cycle.
Compliance Testing Solutions Market Forecast and CAGR
According to latest research, compliance testing solutions market is estimated to grow with an expected CAGR of 10%. Adoption of compliance testing solution is increasing among developers to deliver optimized software.
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Adoption of Compliance Testing Solutions for Maintaining Quality Standard
Many software or applications fail to meet the high quality standards because of improper debugging. The increasing diversity of and networks result in emergence of more bugs. A software or application has to be tested, keeping in mind various factors, such as other software or application running in the background, which could affect the overall performance.
With increasing number of software, the release cycles for software are getting shorter, as the market becomes more and more competitive. However, to avoid this the companies are performing compliance testing through third party vendor. Companies hire teams for doing the compliance testing before releasing the software or application.
What is Driving Demand for Compliance Testing Solutions?
An increasing number of enterprises are investing significantly to implement enterprise mobility to improve their business processes. Moreover, enterprises seeking mobile applications that provide mobility is expected to drive growth of the compliance testing solution. Also, enterprises prefer high security features from applications because of the sensitive data stored in their devices, which is a primary area that testers need to focus on with regard to business applications.
Use of smartphones is increasing for resolving different queries or gathering information or finding solutions for meeting various requirements results in growing demand for such devices. Thereby driving the demand for mobile applications, due to this the demand for compliance testing solution is increasing.
Banks are adopting applications for enabling better accessibility options for the customers, while fitness applications and online shopping applications connected with smart devices are also gaining popularity. With a greater variety of applications, users can choose an application based on its functionality. Testers are therefore expected to test an application according to the user feedback related to network issues, GUI, etc.
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South Asia & Pacific Compliance Testing Solutions Demand Outlook
Increasing use of m-Commerce distribution channel is estimated to increase in the region with the increasing number of mobile device users opting for online wallet and e-Payment features. Developers are offering advanced testing for mobile applications used for the purpose of banking and financial services. These advanced applications go through compliance testing to ensure data security and eliminate the threats of cyber-attacks and privacy breaches.
Such features are estimated to boost the adoption of compliance testing solution by vendors in the region. As a result, improved testing processes are required to be performed to ensure enhanced and secure security and privacy of users.
North America Compliance Testing Solutions Market Outlook
Cloud service providers are playing a significant part in this ever-changing technological world. With the continuous advancements in cloud security, more and more enterprises are going in for cloud services, be it software-as-a-service (SaaS) or cloud-based data storage. Cloud service providers are expected to create a huge opportunity for compliance testing solution vendors, in terms of providing cost-effective solutions and services to customers.
Cloud service providers can also assist compliance testing solution vendors in the region to expand their business to different regional markets without expanding their physical distribution channel.
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Who are the Key Providers of Compliance Testing Solutions?
Some of the leading Compliance Testing Solutions providers include Developing Solutions, Inc., Tata Consultancy Services, SNIA, Keysight Technologies, Microsoft Corporation, Spirent Communications, among others.
These vendors are adopting different strategies for enhancing the customer base and their product offering locally and globally. Companies are also investing millions of dollars into research and development activities to fulfill the unmet needs of their customers. Furthermore, many companies are focusing on inorganic strategies by acquiring small and mid-sized organizations present in this market.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
