Mobile Application Testing Solutions Market Trends

Growth Drivers

• Growing Popularity of M-Commerce - Any financial transaction conducted through apps or mobile websites is referred to as M-Commerce. It is a mobile version of E-commerce. In simple words, M-commerce is purchase and sale of goods via mobile devices. By 2022, the global share of m-commerce in e-commerce is projected to reach approximately 68%.
• Upsurge in Smartphone Users - The increasing global adoption of smartphones is another important factor supporting the growth of the mobile application testing solutions market. The world's smartphone user base is projected to reach around 6.720 billion by 2022, denoting 84% of the global population.
• Growth of Information Technology (IT) Industry - Information technology has improved governance by making it more capable and approachable, in addition to helping the nation's economy thrive. For instance, the global Information Technology (IT) industry is anticipated to spend approximately USD 5 trillion in 2022.
• Surge in Internet Usage - The proper use of the internet makes our lives easier, and faster. The internet provides us with data and figures as well as information and knowledge, to aid in our individual, social, and economic growth. For instance, currently, around 5 billion people worldwide use the internet, accounting for 64% of the global population.
• Rising Use of Artificial Intelligence (AI) – With each passing day, the implementation of Artificial Intelligence (AI) is bringing a huge change in technological field. Now, we see the use of AI powered apps which have designed to perform various tasks i.e., analytics, manufacturing, retails and so on. For instance, by 2023, approximately 8.5 billion voice assistants are estimated to be in use, up from the current figure of over 2.5 billion.

Challenges

• Rising Demand for Interactive Testing Over Automated Testing
• Diversity in Devices
• Variations in Network Services