Service Virtualization - Global Market Outlook (2017-2026)

Service Virtualization - Global Market Outlook (2017-2026)

  • Published: March 2018
  • ID: SMRC17096

According to Stratistics MRC, the Global Service Virtualization Market is accounted for $401.47 million in 2017 and is expected to reach $2,188.13 million by 2026 growing at a CAGR of 20.7% during the forecast period. Rising adoption of agile and DevOps practices for software development, growing demand to influence data integration tools and developing technological advancements are the key driving factors for the market growth. However, huge price resulting in lowering adoption amongst SMEs and data security rules and policies are hindering the growth of the market. Growth in IoT, AI, and machine learning technologies and digitalization of enterprises provides ample opportunities for the market.

Service virtualization facilitates development and analysis teams to create and copy the dependencies of unavailable or limited services and data. Service Virtualization discard system dependency restraints by ‘virtualizing’ or capturing and modeling the target system’s dynamic actions, performance and data, hence it reacts and responds in the similar means as the live system.

By deployment type, Cloud-based testing platforms recommend the testing teams through capability to spin-up self-service test environments owing towards the ease of deployment, decreased rate of ownership along with enhanced services, Service Virtualization-as-a-Service (SVaaS) is measured as a feasible testing model with various organizations. As a subscription-based service, SVaaS provides automatic testing on the cloud. With Testing-as-a-Service (TaaS), enterprises can directly start, scale-up, or geographically allocate their testing to achieve more in less time, and align testing schedules by the agile and DevOps continuous delivery models. So due to the above interests, many of the manufacturers are deviating to cloud deployment type.

North America is expected to grab the largest share in global market due to the growth in technology and rising adoption of service virtualization solutions over different business verticals in this region.

Some of the key players in Service Virtualization Market IBM, SmartBear Software, Tricentis, Cigniti Technologies Ltd.,Wipro Limited, CA Technologies, Parasoft, Maveric Systems, Cavisson Systems, Micro Focus International plc, Cognizant, SQS Software Quality Systems AG, Prolifics, Sogeti, Axway Software, Delphix, Crosscheck Networks and WireMock.

Deployment Types Covered:
• Cloud
• On-Premises

Components Covered:
• Services
• Software/Tools

End Users Covered:
• Telecommunication
• IT Services
• Banking, Financial Services, and Insurance (BFSI)
• Media and Entertainment
• Automotive
• Retail and E-Commerce
• Healthcare
• Other End Users

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan       
    • China       
    • India       
    • Australia 
    • New Zealand     
    • South Korea      
    • Rest of Asia Pacific   
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

1 Executive Summary   
     
2 Preface    

 2.1 Abstract   
 2.2 Stake Holders  
 2.3 Research Scope  
 2.4 Research Methodology 
  2.4.1 Data Mining 
  2.4.2 Data Analysis 
  2.4.3 Data Validation 
  2.4.4 Research Approach 
 2.5 Research Sources  
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions 
     
3 Market Trend Analysis  
 3.1 Introduction  
 3.2 Drivers   
 3.3 Restraints  
 3.4 Opportunities  
 3.5 Threats   
 3.6 End User Analysis  
 3.7 Emerging Markets  
 3.8 Futuristic Market Scenario 
     
4 Porters Five Force Analysis  
 4.1 Bargaining power of suppliers 
 4.2 Bargaining power of buyers 
 4.3 Threat of substitutes 
 4.4 Threat of new entrants 
 4.5 Competitive rivalry  
     
5 Global Service Virtualization Market, By Deployment Type

 5.1 Introduction   
 5.2 Cloud   
 5.3 On-Premises   
     
6 Global Service Virtualization Market, By Component
 6.1 Introduction   
 6.2 Services    
  6.2.1 Professional Services
  6.2.2 Managed Services 
 6.3 Software/Tools   
     
7 Global Service Virtualization Market, By End User
 7.1 Introduction  
 7.2 Telecommunication  
 7.3 IT Services  
 7.4 Banking, Financial Services, and Insurance (BFSI)
 7.5 Media and Entertainment 
 7.6 Automotive  
 7.7 Retail and E-Commerce 
 7.8 Healthcare  
 7.9 Other End Users  
     
8 Global Service Virtualization Market, By Geography
 8.1 Introduction   
 8.2 North America  
  8.2.1 US  
  8.2.2 Canada  
  8.2.3 Mexico  
 8.3 Europe   
  8.3.1 Germany   
  8.3.2 U.K.  
  8.3.4 Italy  
  8.3.5 France  
  8.3.6 Spain   
  8.3.7 Rest of Europe 
 8.4 Asia Pacific  
  8.4.1 Japan  
  8.4.2 China  
  8.4.3 India  
  8.4.4 Australia  
  8.4.5 New Zealand 
  8.4.6 South Korea 
  8.4.7 Rest of Asia Pacific 
 8.5 South America  
  8.5.1 Argentina 
  8.5.2 Brazil  
  8.5.3 Chile  
  8.5.4 Rest of South America
 8.6 Middle East & Africa 
  8.6.1 Saudi Arabia 
  8.6.2 UAE  
  8.6.3 Qatar  
  8.6.4 South Africa 
  8.6.5 Rest of Middle East & Africa
     
9 Key Developments   
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
 9.2 Acquisitions & Mergers 
 9.3 New Product Launch 
 9.4 Expansions  
 9.5 Other Key Strategies 
     
10 Company Profiling   
 10.1 IBM    
 10.2 SmartBear Software  
 10.3 Tricentis   
 10.4 Cigniti Technologies Ltd. 
 10.5 Wipro Limited   
 10.6 CA Technologies  
 10.7 Parasoft    
 10.8 Maveric Systems  
 10.9 Cavisson Systems  
 10.10 Micro Focus International plc  
 10.11 Cognizant   
 10.12 SQS Software Quality Systems AG
 10.13 Prolifics   
 10.14 Sogeti    
 10.15 Axway Software  
 10.16 Delphix   
 10.17 Crosscheck Networks 
 10.18 WireMock   


List Of Tables    
1 Global Service Virtualization Market Outlook, By Region (2016-2026) ($MN)
2 Global Service Virtualization Market Outlook, By Deployment Type (2016-2026) ($MN)
3 Global Service Virtualization Market Outlook, By Cloud (2016-2026) ($MN)
4 Global Service Virtualization Market Outlook, By On-Premises (2016-2026) ($MN)
5 Global Service Virtualization Market Outlook, By Component (2016-2026) ($MN)
6 Global Service Virtualization Market Outlook, By Services (2016-2026) ($MN)
7 Global Service Virtualization Market Outlook, By Professional Services (2016-2026) ($MN)
8 Global Service Virtualization Market Outlook, By Managed Services (2016-2026) ($MN)
9 Global Service Virtualization Market Outlook, By Software/Tools (2016-2026) ($MN)
10 Global Service Virtualization Market Outlook, By End User (2016-2026) ($MN)
11 Global Service Virtualization Market Outlook, By Telecommunication (2016-2026) ($MN)
12 Global Service Virtualization Market Outlook, By IT Services (2016-2026) ($MN)
13 Global Service Virtualization Market Outlook, By Banking, Financial Services, and Insurance (BFSI) (2016-2026) ($MN)
14 Global Service Virtualization Market Outlook, By Media and Entertainment (2016-2026) ($MN)
15 Global Service Virtualization Market Outlook, By Automotive (2016-2026) ($MN)
16 Global Service Virtualization Market Outlook, By Retail and E-Commerce (2016-2026) ($MN)
17 Global Service Virtualization Market Outlook, By Healthcare (2016-2026) ($MN)
18 Global Service Virtualization Market Outlook, By Other End Users (2016-2026) ($MN)
19 North America Service Virtualization Market Outlook, By Country (2016-2026) ($MN)
20 North America Service Virtualization Market Outlook, By Deployment Type (2016-2026) ($MN)
21 North America Service Virtualization Market Outlook, By Cloud (2016-2026) ($MN)
22 North America Service Virtualization Market Outlook, By On-Premises (2016-2026) ($MN)
23 North America Service Virtualization Market Outlook, By Component (2016-2026) ($MN)
24 North America Service Virtualization Market Outlook, By Services (2016-2026) ($MN)
25 North America Service Virtualization Market Outlook, By Professional Services (2016-2026) ($MN)
26 North America Service Virtualization Market Outlook, By Managed Services (2016-2026) ($MN)
27 North America Service Virtualization Market Outlook, By Software/Tools (2016-2026) ($MN)
28 North America Service Virtualization Market Outlook, By End User (2016-2026) ($MN)
29 North America Service Virtualization Market Outlook, By Telecommunication (2016-2026) ($MN)
30 North America Service Virtualization Market Outlook, By IT Services (2016-2026) ($MN)
31 North America Service Virtualization Market Outlook, By Banking, Financial Services, and Insurance (BFSI) (2016-2026) ($MN)
32 North America Service Virtualization Market Outlook, By Media and Entertainment (2016-2026) ($MN)
33 North America Service Virtualization Market Outlook, By Automotive (2016-2026) ($MN)
34 North America Service Virtualization Market Outlook, By Retail and E-Commerce (2016-2026) ($MN)
35 North America Service Virtualization Market Outlook, By Healthcare (2016-2026) ($MN)
36 North America Service Virtualization Market Outlook, By Other End Users (2016-2026) ($MN)
37 Europe Service Virtualization Market Outlook, By Country (2016-2026) ($MN)
38 Europe Service Virtualization Market Outlook, By Deployment Type (2016-2026) ($MN)
39 Europe Service Virtualization Market Outlook, By Cloud (2016-2026) ($MN)
40 Europe Service Virtualization Market Outlook, By On-Premises (2016-2026) ($MN)
41 Europe Service Virtualization Market Outlook, By Component (2016-2026) ($MN)
42 Europe Service Virtualization Market Outlook, By Services (2016-2026) ($MN)
43 Europe Service Virtualization Market Outlook, By Professional Services (2016-2026) ($MN)
44 Europe Service Virtualization Market Outlook, By Managed Services (2016-2026) ($MN)
45 Europe Service Virtualization Market Outlook, By Software/Tools (2016-2026) ($MN)
46 Europe Service Virtualization Market Outlook, By End User (2016-2026) ($MN)
47 Europe Service Virtualization Market Outlook, By Telecommunication (2016-2026) ($MN)
48 Europe Service Virtualization Market Outlook, By IT Services (2016-2026) ($MN)
49 Europe Service Virtualization Market Outlook, By Banking, Financial Services, and Insurance (BFSI) (2016-2026) ($MN)
50 Europe Service Virtualization Market Outlook, By Media and Entertainment (2016-2026) ($MN)
51 Europe Service Virtualization Market Outlook, By Automotive (2016-2026) ($MN)
52 Europe Service Virtualization Market Outlook, By Retail and E-Commerce (2016-2026) ($MN)
53 Europe Service Virtualization Market Outlook, By Healthcare (2016-2026) ($MN)
54 Europe Service Virtualization Market Outlook, By Other End Users (2016-2026) ($MN)
55 Asia Pacific Service Virtualization Market Outlook, By Country (2016-2026) ($MN)
56 Asia Pacific Service Virtualization Market Outlook, By Deployment Type (2016-2026) ($MN)
57 Asia Pacific Service Virtualization Market Outlook, By Cloud (2016-2026) ($MN)
58 Asia Pacific Service Virtualization Market Outlook, By On-Premises (2016-2026) ($MN)
59 Asia Pacific Service Virtualization Market Outlook, By Component (2016-2026) ($MN)
60 Asia Pacific Service Virtualization Market Outlook, By Services (2016-2026) ($MN)
61 Asia Pacific Service Virtualization Market Outlook, By Professional Services (2016-2026) ($MN)
62 Asia Pacific Service Virtualization Market Outlook, By Managed Services (2016-2026) ($MN)
63 Asia Pacific Service Virtualization Market Outlook, By Software/Tools (2016-2026) ($MN)
64 Asia Pacific Service Virtualization Market Outlook, By End User (2016-2026) ($MN)
65 Asia Pacific Service Virtualization Market Outlook, By Telecommunication (2016-2026) ($MN)
66 Asia Pacific Service Virtualization Market Outlook, By IT Services (2016-2026) ($MN)
67 Asia Pacific Service Virtualization Market Outlook, By Banking, Financial Services, and Insurance (BFSI) (2016-2026) ($MN)
68 Asia Pacific Service Virtualization Market Outlook, By Media and Entertainment (2016-2026) ($MN)
69 Asia Pacific Service Virtualization Market Outlook, By Automotive (2016-2026) ($MN)
70 Asia Pacific Service Virtualization Market Outlook, By Retail and E-Commerce (2016-2026) ($MN)
71 Asia Pacific Service Virtualization Market Outlook, By Healthcare (2016-2026) ($MN)
72 Asia Pacific Service Virtualization Market Outlook, By Other End Users (2016-2026) ($MN)
73 South America Service Virtualization Market Outlook, By Country (2016-2026) ($MN)
74 South America Service Virtualization Market Outlook, By Deployment Type (2016-2026) ($MN)
75 South America Service Virtualization Market Outlook, By Cloud (2016-2026) ($MN)
76 South America Service Virtualization Market Outlook, By On-Premises (2016-2026) ($MN)
77 South America Service Virtualization Market Outlook, By Component (2016-2026) ($MN)
78 South America Service Virtualization Market Outlook, By Services (2016-2026) ($MN)
79 South America Service Virtualization Market Outlook, By Professional Services (2016-2026) ($MN)
80 South America Service Virtualization Market Outlook, By Managed Services (2016-2026) ($MN)
81 South America Service Virtualization Market Outlook, By Software/Tools (2016-2026) ($MN)
82 South America Service Virtualization Market Outlook, By End User (2016-2026) ($MN)
83 South America Service Virtualization Market Outlook, By Telecommunication (2016-2026) ($MN)
84 South America Service Virtualization Market Outlook, By IT Services (2016-2026) ($MN)
85 South America Service Virtualization Market Outlook, By Banking, Financial Services, and Insurance (BFSI) (2016-2026) ($MN)
86 South America Service Virtualization Market Outlook, By Media and Entertainment (2016-2026) ($MN)
87 South America Service Virtualization Market Outlook, By Automotive (2016-2026) ($MN)
88 South America Service Virtualization Market Outlook, By Retail and E-Commerce (2016-2026) ($MN)
89 South America Service Virtualization Market Outlook, By Healthcare (2016-2026) ($MN)
90 South America Service Virtualization Market Outlook, By Other End Users (2016-2026) ($MN)
91 Middle East & Africa Service Virtualization Market Outlook, By Country (2016-2026) ($MN)
92 Middle East & Africa Service Virtualization Market Outlook, By Deployment Type (2016-2026) ($MN)
93 Middle East & Africa Service Virtualization Market Outlook, By Cloud (2016-2026) ($MN)
94 Middle East & Africa Service Virtualization Market Outlook, By On-Premises (2016-2026) ($MN)
95 Middle East & Africa Service Virtualization Market Outlook, By Component (2016-2026) ($MN)
96 Middle East & Africa Service Virtualization Market Outlook, By Services (2016-2026) ($MN)
97 Middle East & Africa Service Virtualization Market Outlook, By Professional Services (2016-2026) ($MN)
98 Middle East & Africa Service Virtualization Market Outlook, By Managed Services (2016-2026) ($MN)
99 Middle East & Africa Service Virtualization Market Outlook, By Software/Tools (2016-2026) ($MN)
100 Middle East & Africa Service Virtualization Market Outlook, By End User (2016-2026) ($MN)
101 Middle East & Africa Service Virtualization Market Outlook, By Telecommunication (2016-2026) ($MN)
102 Middle East & Africa Service Virtualization Market Outlook, By IT Services (2016-2026) ($MN)
103 Middle East & Africa Service Virtualization Market Outlook, By Banking, Financial Services, and Insurance (BFSI) (2016-2026) ($MN)
104 Middle East & Africa Service Virtualization Market Outlook, By Media and Entertainment (2016-2026) ($MN)
105 Middle East & Africa Service Virtualization Market Outlook, By Automotive (2016-2026) ($MN)
106 Middle East & Africa Service Virtualization Market Outlook, By Retail and E-Commerce (2016-2026) ($MN)
107 Middle East & Africa Service Virtualization Market Outlook, By Healthcare (2016-2026) ($MN)
108 Middle East & Africa Service Virtualization Market Outlook, By Other End Users (2016-2026) ($MN)

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