How Digitalization Is Helping Software Testing Industry To Grow?
Last updated on October 15th, 2022 at 07:19 pm
The Covid pandemic has affected almost every industry. However, some of the businesses are still expanding ominously. Software testing is one of those sectors that have experienced growth during digitalization. In other words, the industry is bound to expand exponentially with the present wave of digitalization because of the pandemic.
According to the observation of the CEO of Chandigarh-based TestingXperts named Manish Gupta, after experiencing a setback of some months, the demand for software testing has spiked up due to increasing digitalization. These sectors encompass; communications, insurance, banking, and healthcare. These witnessed new solutions being developed to support agile operations, increasing the growth of software testing services.
It is the 5th biggest software testing and quality assurance company. Software testing suggests checking IT systems before implementation for various features such as performance, compliance, security, usability, reliability, and functionality. According to Manish, there were just some companies working in pure-play expert QA and software testing space.
In bigger digital transformation programs, 60 to 65% of the effort and cost is allocated to development and design, and the remaining 35 to 40% is allocated to testing and QA. Where the majority of the companies in the IT industry concentrate on development services, the company has concentrated on the testing space and QA, which is less congested.
The data suggests that the global pure-play software testing services market is expected to grow at a CAGR of probably 15% in the forecast period of 2021 to 2024. Nevertheless, among the noteworthy growth, the industry is blemished by difficulties. The biggest difficulty encountered by the testing industry is on the talent side- retention and hiring. As the industry is expanding, the accessibility of good quality manpower is low and in the scenario of experienced manpower, the abrasion rate is high.
Increase In Demand Despite The Pandemic
According to Manish Gupta CEO of TestingXperts, the demand for software testing services has increased significantly despite the pandemic because of increasing digitalization.