Report Summary
Summary
In software engineering, service virtualization is a method to emulate the behavior of specific components in heterogeneous component-based applications such as service-oriented architectures. It is used to provide software development and QA/testing teams access to dependent system components that are needed to exercise an application under test (AUT), but are unavailable or difficult-to-access for development and testing purposes.
North America is expected to have the largest market share and is projected to dominate the market during the forecast period. This North American region is rapidly adopting emerging technologies, such as smartphones and cloud platforms. Due to this, companies are willingly investing in the North American region. Most service virtualization solutions and services vendors have an eminent presence in the North American region, and therefore, the competition is stiff among the major market players.
In 2020, the global Service Virtualization market size was 360 million US$ and it is expected to reach 1410 million US$ by the end of 2027, with a CAGR of 18.8% between 2021 and 2027.
This report studies the Service Virtualization market size by players, regions, product types and end industries, history data 2017-2020 and forecast data 2020-2027; 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.
This report focuses on the global top players, covered
CA Technologies
IBM
Micro Focus
Smartbear Software
Parasoft
Tricentis
Cavisson Systems
Cigniti
Cognizant
Wipro Limited
Sogeti
SQS
Maveric Systems
Prolifics
Market segment by Regions/Countries, this report covers
North America
Europe
China
Rest of Asia Pacific
Central & South America
Middle East & Africa
Market segment by Type, the product can be split into
Software/Tools
Services
Market segment by Application, the market can be split into
IT Services
Telecommunication
BFSI
Retail and eCommerce
Media and Entertainment
Healthcare
Automotive
Others
The study objectives of this report are:
To study and forecast the market size of Service Virtualization in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast among global major regions.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
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 Year: 2017-2020
Base Year: 2020
Estimated Year: 2020
Forecast Year 2021 to 2027
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
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries
Available Customizations
With the given market data, EternityInsights offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Service Virtualization market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
Table Of Contents
Table of Contents
Service Virtualization Market Report by Company, Regions, Types and Applications, Global Status and Forecast to 2025
1 Industry Overview of Service Virtualization
1.1 Service Virtualization Market Overview
1.1.1 Service Virtualization Product Scope
1.1.2 Market Status and Outlook
1.2 Global Service Virtualization Market Size and Analysis by Regions
1.2.1 North America
1.2.2 Europe
1.2.3 China
1.2.4 Rest of Asia Pacific
1.2.5 Central & South America
1.2.6 Middle East & Africa
1.3 Service Virtualization Market by Type
1.3.1 Software/Tools
1.3.2 Services
1.4 Service Virtualization Market by End Users/Application
1.4.1 IT Services
1.4.2 Telecommunication
1.4.3 BFSI
1.4.4 Retail and eCommerce
1.4.5 Media and Entertainment
1.4.6 Healthcare
1.4.7 Automotive
1.4.8 Others
2 Global Service Virtualization Competition Analysis by Players
2.1 Service Virtualization Market Size (Value) by Players (2018 and 2019)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future
3 Company (Top Players) Profiles
3.1 CA Technologies
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Service Virtualization Revenue (Value) (2017-2020)
3.1.5 Recent Developments
3.2 IBM
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Service Virtualization Revenue (Value) (2017-2020)
3.2.5 Recent Developments
3.3 Micro Focus
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Service Virtualization Revenue (Value) (2017-2020)
3.3.5 Recent Developments
3.4 Smartbear Software
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Service Virtualization Revenue (Value) (2017-2020)
3.4.5 Recent Developments
3.5 Parasoft
3.5.1 Company Profile
3.5.2 Main Business/Business Overview
3.5.3 Products, Services and Solutions
3.5.4 Service Virtualization Revenue (Value) (2017-2020)
3.5.5 Recent Developments
3.6 Tricentis
3.6.1 Company Profile
3.6.2 Main Business/Business Overview
3.6.3 Products, Services and Solutions
3.6.4 Service Virtualization Revenue (Value) (2017-2020)
3.6.5 Recent Developments
3.7 Cavisson Systems
3.7.1 Company Profile
3.7.2 Main Business/Business Overview
3.7.3 Products, Services and Solutions
3.7.4 Service Virtualization Revenue (Value) (2017-2020)
3.7.5 Recent Developments
3.8 Cigniti
3.8.1 Company Profile
3.8.2 Main Business/Business Overview
3.8.3 Products, Services and Solutions
3.8.4 Service Virtualization Revenue (Value) (2017-2020)
3.8.5 Recent Developments
3.9 Cognizant
3.9.1 Company Profile
3.9.2 Main Business/Business Overview
3.9.3 Products, Services and Solutions
3.9.4 Service Virtualization Revenue (Value) (2017-2020)
3.9.5 Recent Developments
3.10 Wipro Limited
3.10.1 Company Profile
3.10.2 Main Business/Business Overview
3.10.3 Products, Services and Solutions
3.10.4 Service Virtualization Revenue (Value) (2017-2020)
3.10.5 Recent Developments
3.11 Sogeti
3.12 SQS
3.13 Maveric Systems
3.14 Prolifics
4 Global Service Virtualization Market Size by Type and Application (2017-2020)
4.1 Global Service Virtualization Market Size by Type (2017-2020)
4.2 Global Service Virtualization Market Size by Application (2017-2020)
4.3 Potential Application of Service Virtualization in Future
4.4 Top Consumer/End Users of Service Virtualization
5 North America Service Virtualization Development Status and Outlook
5.1 North America Service Virtualization Market Size (2017-2020)
5.2 North America Service Virtualization Market Size and Market Share by Players (2018 and 2019)
6 Europe Service Virtualization Development Status and Outlook
6.1 Europe Service Virtualization Market Size (2017-2020)
6.2 Europe Service Virtualization Market Size and Market Share by Players (2018 and 2019)
7 China Service Virtualization Development Status and Outlook
7.1 China Service Virtualization Market Size (2017-2020)
7.2 China Service Virtualization Market Size and Market Share by Players (2018 and 2019)
8 Rest of Asia Pacific Service Virtualization Development Status and Outlook
8.1 Rest of Asia Pacific Service Virtualization Market Size (2017-2020)
8.2 Rest of Asia Pacific Service Virtualization Market Size and Market Share by Players (2018 and 2019)
9 Central & South America Service Virtualization Development Status and Outlook
9.1 Central & South America Service Virtualization Market Size (2017-2020)
9.2 Central & South America Service Virtualization Market Size and Market Share by Players (2018 and 2019)
10 Middle East & Africa Service Virtualization Development Status and Outlook
10.1 Middle East & Africa Service Virtualization Market Size (2017-2020)
10.2 Middle East & Africa Service Virtualization Market Size and Market Share by Players (2018 and 2019)
11 Market Forecast by Regions, Type and Application (2021-2027)
11.1 Global Service Virtualization Market Size (Value) by Regions (2021-2027)
11.1.1 North America Service Virtualization Revenue and Growth Rate (2021-2027)
11.1.2 Europe Service Virtualization Revenue and Growth Rate (2021-2027)
11.1.3 China Service Virtualization Revenue and Growth Rate (2021-2027)
11.1.4 Rest of Asia Pacific Service Virtualization Revenue and Growth Rate (2021-2027)
11.1.5 Central & South America Service Virtualization Revenue and Growth Rate (2021-2027)
11.1.6 Middle East & Africa Service Virtualization Revenue and Growth Rate (2021-2027)
11.2 Global Service Virtualization Market Size (Value) by Type (2021-2027)
11.3 Global Service Virtualization Market Size by Application (2021-2027)
12 Service Virtualization Market Dynamics
12.1 Service Virtualization Market Opportunities
12.2 Service Virtualization Challenge and Risk
12.2.1 Competition from Opponents
12.2.2 Downside Risks of Economy
12.3 Service Virtualization Market Constraints and Threat
12.3.1 Threat from Substitute
12.3.2 Government Policy
12.3.3 Technology Risks
12.4 Service Virtualization Market Driving Force
12.4.1 Growing Demand from Emerging Markets
12.4.2 Potential Application
13 Market Effect Factors Analysis
13.1 Technology Progress/Risk
13.1.1 Substitutes
13.1.2 Technology Progress in Related Industry
13.2 Consumer Needs Trend/Customer Preference
13.3 External Environmental Change
13.3.1 Economic Fluctuations
13.3.2 Other Risk Factors
14 Research Finding/Conclusion
15 Appendix
Methodology
Analyst Introduction
Data Source
