U.S. Testing As A Service Market Size & Outlook, 2023-2030
U.S. testing as a service market, 2017-2030 (US$M)
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U.S. testing as a service market highlights
- The U.S. testing as a service market generated a revenue of USD 1,635.7 million in 2023 and is expected to reach USD 3,869.9 million by 2030.
- The U.S. market is expected to grow at a CAGR of 13.1% 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 2023 | USD 1,635.7 million |
| Market revenue in 2030 | USD 3,869.9 million |
| Growth rate | 13.1% (CAGR from 2023 to 2030) |
| Largest segment | Functionality |
| Fastest growing segment | Compliance |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Functionality, Performance, Compatibility, Security, Compliance |
| Key market players worldwide | Accenture 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, U.S. accounted for 36.0% 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 North America, U.S. testing as a service market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 391.9 million by 2030.
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Testing As A Service Market Scope
Testing As A Service Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 27.54% in 2023. Horizon Databook has segmented the U.S. 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 U.S. testing as a service market databook
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Our clientele includes a mix of testing as a service market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. testing as a service market , including forecasts for subscribers. This country databook contains high-level insights into U.S. testing as a service market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. testing as a service market size, by type, 2017-2030 (US$M)
U.S. Testing As A Service Market Outlook Share, 2023 & 2030 (US$M)
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