Posts

Showing posts from November, 2023

North America segment holds the largest share in the global Software Testing and QA Services market

Image
Software Testing and QA Services market Report Overview: The global Software Testing and QA Services Market is estimated to be valued at US$ 38.42 Bn in 2023 and is expected to exhibit a CAGR of 13% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The Software Testing and QA Services market involves providing assurance that software and IT systems function as expected and meet the needs of the client. Quality assurance plays a vital role in software development by ensuring quality products. With growing digitalization and adoption of technologies, the demand for software testing services is increasing. Market key trends: With the increasing complexity of software, the demand for advanced testing methodologies like Test Automation, Artificial Intelligence (AI) in testing, and crowdsourced cloud testing is growing. Test automation uses automation tools to validate software and helps reduce manual effort and er...

ASEAN Automotive Aftermarket Segment Contributing Large Share

Image
ASEAN Automotive Aftermarket  The global ASEAN Automotive Aftermarket Market is estimated to be valued at US$ 28.7 Bn or Mn in 2023 and is expected to exhibit a CAGR of 9.8% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: The ASEAN automotive aftermarket consists of replacement parts, accessories, chemicals, tools, and equipment required for repairing and maintaining vehicles. Parts include engine components, cooling and climate control components, underbody components, auto electrical, filters, and others. These parts enhance the performance, safety, and aesthetics of the vehicle. The rising vehicle fleet on the roads and increasing average age of vehicles have boosted the demand for automotive aftermarket parts and services in ASEAN countries. Market key trends: One of the key trends in the ASEAN automotive aftermarket is the growing demand for customized and performance-enhancing aftermarket parts. Con...