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Global Service Virtualization Industry Outlook 2024: Overview, Opportunities, Key Companies and Forecast to 2034


Published on: 2024-01-04 | No of Pages : 411 | Industry : Service & Software

Publisher : GRD Survey | Format : PDF

Global Service Virtualization Industry Outlook 2024: Overview, Opportunities, Key Companies and Forecast to 2034

Executive Summary

According to GRD Survey data, the global Service Virtualization market is estimated at 560 million US$ in 2021 and is expected to 1240 million US$ by the end of 2028, growing at a CAGR of 12.1% in the forecast period from 2022 to 2028.

This report studies the Service Virtualization market dynamics from angles such as new entries, mergers and acquisitions, fundings, exit and major technology breakthroughs. Market performance is evaluated through market size (Million USD) by players, regions, product types and end industries. This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with revenue, market share and growth Rate of Service Virtualization in these regions, from 2016 to 2027, covering
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Italy, Spain and Russia, etc.)
Asia-Pacific (China, Japan, Korea, Southeast Asia, India, Australia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Turkey, Saudi Arabia, South Africa, etc.)

Market Snapshot, By Product Type
Software/Tools
Services

Market Snapshot, By Application
IT Services
Telecommunication
BFSI
Retail and E-commerce
Media and Entertainment
Healthcare
Automotive
Others

Main Market Players Analyzed in this report, including
Wipro Limited
Tricentis
SQS
Sogeti
Smartbear Software
Prolifics
Parasoft
Micro Focus
Maveric Systems
IBM
Cognizant
Cigniti
Cavisson Systems
Broadcom

The study objectives of this report are
To study and analyze the global Service Virtualization market size (Million USD) by company, key regions/countries, products and application, history data from 2016 to 2020, and forecast to 2027.
To understand industry structure of Service Virtualization market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To identify the key global Service Virtualization manufacturers and regional typical players, to define, describe and analyze their sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Service Virtualization market with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Service Virtualization submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Service Virtualization are as follows
History Year2016-2020
Base Year2020
Estimated Year2021
Forecast Year 2021 to 2027

This report includes the estimation of market size from top-down approach by analyzing major submarkets and their major driving factors, and verified from bottom-up approaches. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified from primary sources.

For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders Considered in the study
Raw material vendors
Distributors/traders/wholesalers/suppliers
Regulatory authorities, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade/Industrial associations
End-use industries

Table of Content

Global Service Virtualization Industry Outlook 2022: Overview, Opportunities, Key Companies and Forecast to 2028.pdf

List of Figure

Table of Contents

1 Market Definition & Scope
1.1 Definition & Scope
1.2 Service Virtualization Product Specifications
1.3 Main Events (Entry, M&A, Exit, Technology and Capital Activity)
1.4 Global Service Virtualization Market Performance and Outlook

2 Market Development Performance under COVID-19
2.1 Influencing Factors of Industry Development in the Next Five Years
2.1.1 Drivers
2.1.2 Restraints
2.1.3 Opportunities
2.2 Porter’s Five Forces Analysis
2.3 Comparison of Alternatives and Service Virtualization

3 3 Industrial Lift Cycle and Main Buyers Analysis
3.1 Industry Life Cycle Analysis
3.2 Key Buying Industries/Consumers
3.2.1 Major Buyers in IT Services
3.2.2 Major Buyers in Telecommunication

4 Market Segment: by Type
4.1 Service Virtualization Type Introduction
4.1.1 Software/Tools
4.1.2 Services
4.2 Global Service Virtualization Revenue by Type 2016-2021

5 Market Segment: by Application
5.1 Service Virtualization Type Introduction
5.1.1 IT Services
5.1.2 Telecommunication
5.1.3 BFSI
5.1.3 Retail and E-commerce
5.1.4 Media and Entertainment
5.1.5 Healthcare
5.1.6 Automotive
5.1.7 Others
5.2 Global Service Virtualization Revenue by Application 2016-2021

6 Marke Segment: by Region
6.1 Global Service Virtualization Market by Region
6.2 North America Service Virtualization Market 2016-2021
6.3 Europe Service Virtualization Market 2016-2021
6.4 Asia Pacific Service Virtualization Market 2016-2021
6.5 South America Service Virtualization Market 2016-2021
6.6 Middle East and Africa Service Virtualization Market 2016-2021

7 North America
7.1 North America Service Virtualization Market by Country 2016-2021
7.2 United States
7.3 Canada
7.4 Mexico

8 Europe
8.1 Europe Service Virtualization Market by Country 2016-2021
8.2 Germany
8.3 France
8.4 UK
8.5 Italy
8.6 Russia
8.7 Spain

9 Asia Pacific
9.1 Asia Pacific Service Virtualization Market by Country 2016-2021
9.2 China
9.3 Japan
9.4 Korea
9.5 Southeast Asia
9.6 India
9.7 Australia

10 South America
10.1 South America Service Virtualization Market by Country 2016-2021
10.2 Brazil
10.3 Argentina
10.4 Colombia

11 Middle East and Africa
11.1 Middle East and Africa Service Virtualization Market by Country 2016-2021
11.2 Turkey
11.3 Saudi Arabia
11.4 South Africa

12 Key Participants Company Information
12.1 Wipro Limited
12.1.1 Wipro Limited Company Information
12.1.2 Wipro Limited Service Virtualization Product Portfolio, Specification and Application
12.1.3 Wipro Limited Service Virtualization Revenue and Gross Margin (2019-2021)
12.1.4 Wipro Limited Key Development
12.2 Tricentis
12.2.1 Tricentis Company Information
12.2.2 Tricentis Service Virtualization Product Portfolio, Specification and Application
12.2.3 Tricentis Service Virtualization Revenue and Gross Margin (2019-2021)
12.2.4 Tricentis Key Development
12.3 SQS
12.3.1 SQS Company Information
12.3.2 SQS Service Virtualization Product Portfolio, Specification and Application
12.3.3 SQS Service Virtualization Revenue and Gross Margin (2019-2021)
12.3.4 SQS Key Development
12.4 Sogeti
12.4.1 Sogeti Company Information
12.4.2 Sogeti Service Virtualization Product Portfolio, Specification and Application
12.4.3 Sogeti Service Virtualization Revenue and Gross Margin (2019-2021)
12.4.4 Sogeti Key Development
12.5 Smartbear Software
12.5.1 Smartbear Software Company Information
12.5.2 Smartbear Software Service Virtualization Product Portfolio, Specification and Application
12.5.3 Smartbear Software Service Virtualization Revenue and Gross Margin (2019-2021)
12.5.4 Smartbear Software Key Development
12.6 Prolifics
12.6.1 Prolifics Company Information
12.6.2 Prolifics Service Virtualization Product Portfolio, Specification and Application
12.6.3 Prolifics Service Virtualization Revenue and Gross Margin (2019-2021)
12.6.4 Prolifics Key Development
12.7 Parasoft
12.7.1 Parasoft Company Information
12.7.2 Parasoft Service Virtualization Product Portfolio, Specification and Application
12.7.3 Parasoft Service Virtualization Revenue and Gross Margin (2019-2021)
12.7.4 Prolifics Key Development
12.9 Maveric Systems
12.9.1 Maveric Systems Company Information
12.9.2 Maveric Systems Service Virtualization Product Portfolio, Specification and Application
12.9.3 Maveric Systems Service Virtualization Revenue and Gross Margin (2019-2021)
12.9.4 Maveric Systems Key Development
12.8 Micro Focus
12.8.1 Micro Focus Company Information
12.8.2 Micro Focus Service Virtualization Product Portfolio, Specification and Application
12.8.3 Micro Focus Service Virtualization Revenue and Gross Margin (2019-2021)
12.8.4 Micro Focus Key Development
12.11 Cognizant
12.11.1 Cognizant Company Information
12.11.2 Cognizant Service Virtualization Product Portfolio, Specification and Application
12.11.3 Cognizant Service Virtualization Revenue and Gross Margin (2019-2021)
12.11.4 Cognizant Key Development
12.12 Cigniti
12.12.1 Cigniti Company Information
12.12.2 Cigniti Service Virtualization Product Portfolio, Specification and Application
12.12.3 Cigniti Service Virtualization Revenue and Gross Margin (2019-2021)
12.12.4 Cigniti Key Development
12.13 Cavisson Systems
12.13.1 Cavisson Systems Company Information
12.13.2 Cavisson Systems Service Virtualization Product Portfolio, Specification and Application
12.13.3 Cavisson Systems Service Virtualization Revenue and Gross Margin (2019-2021)
12.13.4 Cavisson Systems Key Development
12.14 Broadcom
12.14.1 Broadcom Company Information
12.14.2 Broadcom Service Virtualization Product Portfolio, Specification and Application
12.14.3 Broadcom Service Virtualization Revenue and Gross Margin (2019-2021)
12.14.4 Broadcom Key Development

13 Global Service Virtualization Market Forecast by Region by Type and by Application
13.1 Global Service Virtualization Revenue Forecast 2022-2027
13.2 Global Service Virtualization Forecast by Regions
13.3 Global Service Virtualization Forecast by Type
13.4 Global Service Virtualization Forecast by Application

14 Analyst Views and Conclusions

15 Methodology and Data Source
15.1 Methodology
15.2 Research Data Source
15.2.1 Secondary Data
15.2.2 Primary Data
15.2.3 Market Size Estimation
15.3 Legal Disclaimer