Today, the global QA and testing market is estimated to be a $13 billion industry. According to IDC (International Data Corporation) statistics, Software Testing in India is a $2 billion industry which is expected to touch $8 billion by 2008. India is also becoming one of the leading destinations for offshore software testing, with market opportunities for the offshore software testing companies currently at $2 billion, and expected to rise to $8 billion by 2008.As per an IDC report, almost $1 billion of the estimated $13 billion global software testing market is accounted for by Indian companies.
IDC also forecasts that more than 80 percent of the business applications sold between 2005 and 2008 will be based on the principles of SOA. IDC’s report highlights that the worldwide spending on SOA-based external services will reach $8.6 billion in 2006, growing by 138 percent to increase from $3.6 billion in 2005. IDC predicts that global SOA-based services spending will touch $33.8 billion by 2010.
IDC also forecasts that more than 80 percent of the business applications sold between 2005 and 2008 will be based on the principles of SOA. IDC’s report highlights that the worldwide spending on SOA-based external services will reach $8.6 billion in 2006, growing by 138 percent to increase from $3.6 billion in 2005. IDC predicts that global SOA-based services spending will touch $33.8 billion by 2010.
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