China Testing As A Service Market Size & Outlook

The testing as a service market in China is expected to reach a projected revenue of US$ 570.2 million by 2030. A compound annual growth rate of 15.8% is expected of China testing as a service market from 2024 to 2030.

Revenue, 2023 (US$M)
$204.2
Forecast, 2030 (US$M)
$570.2
CAGR, 2024 - 2030
15.8%
Report Coverage
China

China testing as a service market highlights

  • The China testing as a service market generated a revenue of USD 204.2 million in 2023 and is expected to reach USD 570.2 million by 2030.
  • The China market is expected to grow at a CAGR of 15.8% from 2024 to 2030.
  • In terms of segment, functionality was the largest revenue generating type in 2023.
  • Compliance is the most lucrative type segment registering the fastest growth during the forecast period.


Testing as a service market data book summary

Market revenue in 2023USD 204.2 million
Market revenue in 2030USD 570.2 million
Growth rate15.8% (CAGR from 2023 to 2030)
Largest segmentFunctionality
Fastest growing segmentCompliance
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFunctionality, Performance, Compatibility, Security, Compliance
Key market players worldwideAccenture PLC Class A, Atos SE, Capgemini SE, Deloitte, DXC Technology Co Registered Shs When Issued, International Business Machines Corp, Infosys Ltd ADR, DeviQA Solutions, QualiTest Group


Other key industry trends

  • In terms of revenue, China accounted for 4.5% of the global testing as a service market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China testing as a service market is projected to lead the regional market in terms of revenue in 2030.
  • South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 422.7 million by 2030.

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Testing As A Service Market Companies

Name Profile # Employees HQ Website

China testing as a service market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to testing as a service market will help companies and investors design strategic landscapes.


Functionality was the largest segment with a revenue share of 27.52% in 2023. Horizon Databook has segmented the China testing as a service market based on functionality, performance, compatibility, security, compliance covering the revenue growth of each sub-segment from 2017 to 2030.


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Target buyers of China testing as a service market databook

  • Our clientele includes a mix of testing as a service market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the China testing as a service market , including forecasts for subscribers. This country databook contains high-level insights into China testing as a service market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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China testing as a service market size, by type, 2017-2030 (US$M)

China Testing As A Service Market Outlook Share, 2023 & 2030 (US$M)

China testing as a service market size, by type, 2017-2030 (US$M)

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