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Agile Development and Testing Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

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Agile can be defined as the ability to move fast, think quickly and to give solutions to problems. Considering the rapid technological development taking place, businesses today need to be dynamic, be able to achieve faster-time-to market and at the same time reduce costs. Technology is a critical factor on which success of a business depends. This calls for IT to be innovative, reliable and adapt to changing requirements. Agile software development are methodologies in which needs and solutions evolve by collaboration between cross – functional teams. Agile development promotes a disciplined approach to processes and involves checks and adaptions at various stages of software development. This calls for accountability and results in encouraging the use of best engineering practices, resulting in rapid delivery of quality software and business approaches aligned with customer needs. Any software development following the concepts outlined in the Agile Manifesto is agile software development. This manifesto was developed by prominent figures in the IT software industry and reflects on the approaches to software development which yield best results. It emphasizes on individual interactions, customer collaboration, continuous testing and improvement. With new capabilities leading to new challenges, IT is leaning towards becoming more agile.

With the proliferation of technology, devices and applications, the services behind them have great importance, resulting in IT industry requiring to increasingly manage the services it provides. This, coupled with the requirement to deliver more value is likely to drive the growth of agile development services. Agile development prioritizes customer satisfaction. It emphasizes delivery of valuable software and adapts to change in requirements even in the later stages of software development. Enterprises in the IT industry must follow stiff deadlines without compromising on quality, hence increasing number of organizations are moving towards adopting the agile method of software development. As agile helps in predicting the costs along with the delivery schedule time, customers are increasingly demanding IT service providers implement the agile approach. This approach also allows seamless integration of IT with a business, further fuelling its growth. However, organizations often face difficulties in transitioning from traditional methods of development to agile development. IT services providers may face difficulties in implementing the agile approach due to the lack of solid understanding of the processes involved in agile development. As a consequence, expected value might not be delivered, the costs may increase and the project schedule might be affected. It is of upmost importance for the IT service providers to overcome these hindrances to achieve smooth transition from traditional development to agile development.

Agile development and testing services market can be segmented on the basis of methodologies, services, project execution and service management. Furthermore, the methodologies are divided into, Scrum, Kanban and Lean. Services segment is categorized into development and testing. Moreover, the project execution is further divided as delivery and product development. Process design and process improvement are sub – segments of service management.

The key companies in the agile development and testing services market include Xoriant Corporation, Cognizant, SolutionsIQ, Tech Mahindra Limited, Mindtree Limited, IBM Corporation, Salesforce.com, Inc., Celerity IT, LLC and Accenture PLC.

The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape. 

The study is a source of reliable data on:

  • Key market segments and sub-segments
  • Evolving market trends and dynamics
  • Changing supply and demand scenarios
  • Quantifying market opportunities through market sizing and market forecasting
  • Tracking current trends/opportunities/challenges
  • Competitive insights
  • Opportunity mapping in terms of technological break throughs

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, North Africa)

TMR estimates the market size of various sectors using a combination of available data on the number and revenue of companies within each sub-sector and tiers of companies. The basic components used to determine market size and forecast for a specific product area are not only limited to supply-side data, but are also related to demand, industry trends, and the economic outlook. All the above data points are utilized to generate a statistical model targeting the sector marketplace. More than 300 TMR analysts across the world integrate these elements into a framework to determine the subsector market size for a base year and then forecast growth within each market.

TMR regularly interviews technology and business professionals as an ongoing effort to track the latest developments within each sector. These continuous surveys are stratified by company size and industry segment and weighted to reflect the global market place.  All data are collected on an ongoing effort through a structured questionnaire rolled over the web or conducted via telephones. This provides the TMR team opportunities to request for detailed question sets, complex skip patterns, and real-time calculations, which assists respondents in answering questions involving numbers and percentages. Respondents, who are interviewed as experts, are screened and qualified based on certain criteria in addition to their decision-making authority and the scope of activity within their organizations.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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