India Testing As A Service Market Size & Outlook

The testing as a service market in India is expected to reach a projected revenue of US$ 325.2 million by 2030. A compound annual growth rate of 17.4% is expected of India testing as a service market from 2024 to 2030.

Revenue, 2023 (US$M)
$106.0
Forecast, 2030 (US$M)
$325.2
CAGR, 2024 - 2030
17.4%
Report Coverage
India

India testing as a service market highlights

  • The India testing as a service market generated a revenue of USD 106.0 million in 2023 and is expected to reach USD 325.2 million by 2030.
  • The India market is expected to grow at a CAGR of 17.4% from 2024 to 2030.
  • In terms of segment, functionality was the largest revenue generating type in 2023.
  • Security 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 106.0 million
Market revenue in 2030USD 325.2 million
Growth rate17.4% (CAGR from 2023 to 2030)
Largest segmentFunctionality
Fastest growing segmentSecurity
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, India accounted for 2.3% 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

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India 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 24.06% in 2023. Horizon Databook has segmented the India 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 India 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.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India testing as a service market , including forecasts for subscribers. This country databook contains high-level insights into India testing as a service market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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