The market for IT software testing services and equipment is set to climb as high as €100bn (£82 bn) in the coming years.
A report from analyst firm Pierre Audoin Consulting (PAC) put software testing spending at €79bn in 2010. The firm expects that figure to climb to €100m by 2014.
"Businesses are increasingly looking to use external skills, in order to leverage suppliers' greater economies of scale, gain access to lower-cost offshore skills and investment in tools and processes, and to support their increasingly complex technology landscapes," said PAC senior analyst Nick Mayes.
The company said that the growth is due in large part to a change in corporate attitudes about IT software and security. Once considered to be an overlooked part of the general development process, PAC now sees companies looking to testing as a vital step in minimizing costs and spotting security risks.
Going forward, the company sees emergent opportunities for testing services specialised in enterprise platforms such as Oracle and SAP along with cloud platforms and security testing services.
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