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Functional Testing Market, Global Outlook and Forecast 2023-2030

Functional testing is a quality assurance process and a type of black-box testing that bases its test cases on the specifications of the software component under test.
This report aims to provide a comprehensive presentation of the global market for Functional Testing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Functional Testing. This report contains market size and forecasts of Functional Testing in global, including the following market information:
Global Functional Testing Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Functional Testing market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Manual Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Functional Testing include Micro Focus, Testlio, Cigniti, Crowdsourced, Orient Software, Thinksys, ScienceSoft, e-Zest and QA InfoTech, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Functional Testing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Functional Testing Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Functional Testing Market Segment Percentages, by Type, 2022 (%)
Manual
Automated
Global Functional Testing Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Functional Testing Market Segment Percentages, by Application, 2022 (%)
Web App
Mobile App
Global Functional Testing Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Functional Testing Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Functional Testing revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Functional Testing revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Micro Focus
Testlio
Cigniti
Crowdsourced
Orient Software
Thinksys
ScienceSoft
e-Zest
QA InfoTech
Infostretch
Indium
Test Triangle
Testhouse
Sun Technologies
Testbytes
Automation Consultants
QualityLogic
Planit
Test Insane Technologies
QA Consultants
IDS Logic
XBOSoft
Kumaran
Applause
Trigent
UVJ
Flatworld Solutions
Evon Technologies
Softsol
Outline of Major Chapters:
Chapter 1: Introduces the definition of Functional Testing, market overview.
Chapter 2: Global Functional Testing market size in revenue.
Chapter 3: Detailed analysis of Functional Testing company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Functional Testing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.