Global
Service
Virtualization Market is estimated to rise at a higher CAGR in the
forthcoming period. In today’s world everything is connected, interactive,
fluid and immediate. To have a competitive advantage in the constantly changing
pace of technology, business dynamics need to accelerate the time to market
with a leverage of being able to respond quickly and competently to meet
changing business needs. Therefore, to help businesses meet goals, application
teams need to provide quality software on time and within specific deadlines.
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Developers
and testers must speed up application projects and minimize the costs to meet
strict deadlines and application teams frequently need to meet expectations on
performance and functionality aspects. To deploy this, many organizations are
switching ahead to composite applications that are developed and tested in
quick time. A virtualization software helps the developers and testers access
to a limited or unavailable services not available in times of need for
software developers.
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| Service Virtualization Market |
Driving
factors responsible for the growth of service virtualization market includes
improved quality of data, test conditions and growth in ROI. A growing
inclination towards service virtualization solutions and services conducted by
several domain contributes to the market growth. Additionally, rise in
automation in several verticals across the globe is likely to add to the growth
of service virtualization market. Other factors such as rising awareness for
SVaaS (Service-Virtualization-as-a-service) is considered as a feasible model
for testing by many organizations coupled with increasing subscriptions for
SVaaS is likely to add to the growth of service virtualization market.
Market Segment:
This report studies the global Service
Virtualization market, analyzes and researches the Service Virtualization
development status and forecast in United States, EU, Japan, China, India and
Southeast Asia. This report focuses on the top players in global market, like
•
CA Technologies (US)
•
IBM (US)
•
Micro Focus (Formerly as HPE) (US)
•
SmartBear Software (US)
•
Parasoft (US)
•
Tricentis (Austria)
•
Cavission Systems (US)
•
Cigniti (India)
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