IT Professional Services

Format: 2017-02-22
Format: 2017-02-22
February 14, 2017 | 79 Pages | SKU: IRTNTR11969

Overview of the global software testing market

Technavio’s market research analyst predicts the global software testing market to grow steadily at a CAGR of around 14% by 2021. One of the key drivers responsible for the growth of this market is the rise in agile testing services and test automation services. Agile testing services refer to the testing methodology of software and applications for faster development of software products and implementation of applications. Agile testing services provide a framework to test the applications and infrastructure effectively. Testing of the infrastructure of cloud-based applications is executed through the agile testing process for QA and faster time-to-market. Organizations are adopting agile testing services to implement new methodologies for testing services and enhance the quality of cloud infrastructure. Moreover, the growing pressure on software vendors to provide both product and business value will further propel the global software testing market in the coming years.

In terms of geography, the Americas accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. The banking and telecom sectors formed a major portion of the demand for testing services in the region. Also, the increased consumerization of data services and location-based applications in the telecom sector is the key driver for the growth of software testing market in the Americas. Futhermore, the growing demand for cloud services will lead to the entry of new providers in the cloud-based testing services space, which in turn, will augment the growth of the software testing market during the forecast period.

Competitive landscape and key vendors


January 25, 2017 | 65 Pages | SKU: IRTNTR11715

Overview of the global RPO market

The global RPO market is anticipated to grow rapidly and will post a CAGR of close to 18% during the forecast period. The increased usage of neo-sourcing will drive the growth prospects for the global RPO market in the forthcoming years. Neo-sourcing is the integration of IT outsourcing and BPO and an evolution of BPO models offered by outsourcing companies. Also, the market is witnessing a growing number of business process integration and the advent of technological solutions to reduce costs and improve productivity and innovations. Some of the major factors responsible for the growing preference for neo-sourcing in various organizations is the transformation in business and optimization, which is a result of the combined management of back-office operations and technology for process re-engineering. Furthermore, the benefits of this technology include process optimization, cost reduction, access to the best global practices, improved productivity, increased employee morale, and reduced cycle time.

In terms of geography, the Americas accounted for the maximum market share during 2016 and will continue to dominate the market for the next four years. Some of the major factors responsible for the growing adoption of RPO in North America is cost reduction, managing compliance, greater alignment between HR and business, and access to technology. Also, the market is anticipated to witness further growth due to its expansion in countries like South America, Brazil, and Argentina in terms of multi-country recruitment process outsourcing (MCRPO) contract deals. Moreover, the process and execution of HR functions have


December 30, 2016 | 75 Pages | SKU: IRTNTR11315

Global outlook of the voice recognition biometrics market

Technavio’s market research analysts predict the global voice recognition biometrics market to grow steadily during the forecast period and post a CAGR of more than 19% by 2021. This industry research report identifies the rise in adoption of biometric voice recognition in the healthcare sector to be one of the major factors that will have a positive impact on the growth of this market in the coming years. The recent years witnessed a rise in the usage of mobile devices such as smartphones, tablets, and personal digital assistants in the healthcare sector. This led to the development of mobile apps for various applications such as electronic prescribing, diagnosis and treatment, coding, and billing. To prevent unauthorized access to confidential data, vendors will start integrating these apps with voice biometrics, which will in turn, fuel the growth of the market in the coming years.

Technological advances in the automotive industry led to the rise in adoption of connected cars equipped with the internet and wireless services. With the intensifying competition among the vendors in the industry, automotive manufacturers will soon adopt voice recognition biometric technology as a factor to differentiate their products.

Competitive landscape and key vendors

The market is characterized by the presence of several small regional vendors and large multinational biometric companies and appears to be fragmented. The international players are increasing their market presence which makes it


November 28, 2016 | 64 Pages | SKU: IRTNTR10939

Global outlook for the engineering services outsourcing market

Technavio’s market research analysts predict the global engineering services outsourcing market to grow steadily during the predicted period and post an impressive CAGR of almost 26% by 2020. This industry research report identifies benefits such as reduced time to market to be one of the major factors that will have a positive impact on the growth of this market in the coming years. By introducing products faster than competitors, enterprises can gain huge benefits in terms of pricing and brand recognition. This will induce organizations to outsource their engineering requirements to reduce the product development time and accelerate time to market. For instance, due to budget constraints and the availability of limited workforce, software development firms often find it difficult to reduce the time required to develop products. This will induce them to outsource the process to product engineering solutions providers who can handle the complex designing and product development processes.

This market research and analysis estimates that in terms of geographical regions, the Americas was the major revenue contributor to the market during 2015. Analysts estimate that the telecom sector was the major end-user segment in this region where major players in the telecom sector outsources various services including design and implementation, support of geographic information systems (GIS), network provisioning, network testing, cloud engineering services, value-added services, and product lifecycle management.

Competitive


September 10, 2016 | 66 Pages | SKU: IRTNTR10282

Global outlook of the mobile application development platform market

Technavio’s market research analysts have predicted that the global mobile application development platform market will grow steadily during the predicted period and will post an impressive CAGR of more than 27% by 2020. This industry research report identifies the need to automate application development process to be one of the major factors that will have a positive impact on the growth of the mobile app development platform market in the coming years. Mobile application development platforms reduce the complexities associated with developing and designing mobile and web applications. IT solutions such as backend-as-a-service (MBaaS) eliminate the need for application developers to create their back-end systems. This reduces the application development time, improves front-end tasks, and also enhances the UI design for a better user experience. MBaaS ensures better user engagement, offers cloud-based storage, and user account management. Since mobile applications require extensive programming to maintain seamless communications between clients and servers, the need to automate application development processes will increase in the coming years, in turn, fueling the growth of the market for mobile app development platforms

In terms of geographical regions, the Americas accounted for more than 53% of the total market shares and dominated the industry during 2015. This region is the major adopter of mobile technology and enterprise applications and has several organizations in the BFSI, telecom, e-commerce, and healthcare industries that are


September 06, 2016 | 66 Pages | SKU: IRTNTR10091

Overview of the global PPM and IT governance market

Market research analysts at Technavio have predicted that the global PPM and IT governance market will grow steadily at a CAGR of more than 11% by 2020. This market research analysis identifies the need to optimize project management process as one of the primary growth factors for this market. Enterprises across the globe are constantly working to improve their overall efficiency through capacity optimization, reduction in operational costs, and driving profits using IT infrastructure. PPM and analytics software helps in enhancing an organization’s processes by improving quality and resource control, which in turn, results in improving the overall productivity and efficiency of the enterprise. Project portfolio management software also helps organizations meet their business demands rapidly and remain competitive in the market, which will compel several organizations to deploy PPM software at their facilities in the coming years.

Information management comes as one of the key aspects of project management and managers often have to collect and analyze a lot of information regarding ongoing projects. Virtual reality solutions such as augmented reality can be used in project management systems. Augmented reality technologies are currently employed in construction-related projects to view projects status in a real-time environment. They can provide real-time information in the form of text and 3D or 4D images and can also be used for information management of a portfolio of various projects.

Competitive landscape and key vendors

Characterized by the presence of a wide range of PPM vendors, the


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