Service Virtualization

Global Market Trajectory & Analytics

MCP14687

EXECUTIVE ENGAGEMENTS

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DATE

JAN 2022

TABLES

123

179

EDITION

9

PRICE

USD 4950

CODE

MCP14687

*Engagement stats are ongoing and dynamic

COMPETITIVE METRICS

COMPETITORS (ALPHABETICAL)	S M N T % VALIDATED RESEARCH *
Cavisson Systems, Inc.	S M N T %
Cigniti Technologies Limited	S M N T %
Cognizant Technology Solutions India Private Limited	S M N T %
Cognizant Technology Solutions U.S. Corporation	S M N T %
ConnectIT Networks	S M N T %
IBM Corporation	S M N T %
MockLab	S M N T %
Parasoft	S M N T %
Pertino	S M N T %
Prolifics	S M N T %

* S = Strong; M = Moderate; N = Niche; T= Trivial (<1%)

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RESEARCH MODULES MARKET TRENDS EXECUTIVES

HIGHLIGHTS & REPORT INDEX

Amid the COVID-19 crisis, the global market for Service Virtualization estimated at US$628 Million in the year 2020, is projected to reach a revised size of US$2 Billion by 2027, growing at aCAGR of 18.4% over the period 2020-2027. Services, one of the segments analyzed in the report, is projected to record 20.2% CAGR and reach US$1.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software/Tools segment is readjusted to a revised 15.1% CAGR for the next 7-year period.

The Service Virtualization market in the U.S. is estimated at US$186.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$349.2 Million by the year 2027 trailing a CAGR of 17.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.2% and 15.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.5% CAGR.

SELECT PLAYERS

CA Technologies; Cavisson Systems, Inc.; Cigniti Technologies Limited; Cognizant Technology Solutions Corporation; IBM Corporation; Maveric Systems Ltd.; Micro Focus International PLC; Parasoft; Prolifics; SmartBear Software, Inc.; Sogefi Group; Tricentis GmbH; Wipro Ltd.

SEGMENTS

» Component (Services, Software/Tools) » Deployment (On-Premises, Cloud)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights

World Market Trajectories

Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

World Current & Future Analysis for Service Virtualization by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR

World 7-Year Perspective for Service Virtualization by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027

World Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR

World 7-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027

World Current & Future Analysis for Software/Tools by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR

World 7-Year Perspective for Software/Tools by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027

World Current & Future Analysis for On-Premises by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR

World 7-Year Perspective for On-Premises by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027

World Current & Future Analysis for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR

World 7-Year Perspective for Cloud by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027

III. MARKET ANALYSIS

UNITED STATES

USA Current & Future Analysis for Service Virtualization by Component - Services and Software/Tools - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

USA 7-Year Perspective for Service Virtualization by Component - Percentage Breakdown of Value Sales for Services and Software/Tools for the Years 2020 & 2027

USA Current & Future Analysis for Service Virtualization by Deployment - On-Premises and Cloud - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

USA 7-Year Perspective for Service Virtualization by Deployment - Percentage Breakdown of Value Sales for On-Premises and Cloud for the Years 2020 & 2027

CANADA

Canada Current & Future Analysis for Service Virtualization by Component - Services and Software/Tools - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

Canada 7-Year Perspective for Service Virtualization by Component - Percentage Breakdown of Value Sales for Services and Software/Tools for the Years 2020 & 2027

Canada Current & Future Analysis for Service Virtualization by Deployment - On-Premises and Cloud - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

Canada 7-Year Perspective for Service Virtualization by Deployment - Percentage Breakdown of Value Sales for On-Premises and Cloud for the Years 2020 & 2027

JAPAN

Japan Current & Future Analysis for Service Virtualization by Component - Services and Software/Tools - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

Japan 7-Year Perspective for Service Virtualization by Component - Percentage Breakdown of Value Sales for Services and Software/Tools for the Years 2020 & 2027

Japan Current & Future Analysis for Service Virtualization by Deployment - On-Premises and Cloud - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

Japan 7-Year Perspective for Service Virtualization by Deployment - Percentage Breakdown of Value Sales for On-Premises and Cloud for the Years 2020 & 2027

CHINA

China Current & Future Analysis for Service Virtualization by Component - Services and Software/Tools - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

China 7-Year Perspective for Service Virtualization by Component - Percentage Breakdown of Value Sales for Services and Software/Tools for the Years 2020 & 2027

China Current & Future Analysis for Service Virtualization by Deployment - On-Premises and Cloud - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

China 7-Year Perspective for Service Virtualization by Deployment - Percentage Breakdown of Value Sales for On-Premises and Cloud for the Years 2020 & 2027

EUROPE

Europe Current & Future Analysis for Service Virtualization by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR

Europe 7-Year Perspective for Service Virtualization by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027

Europe Current & Future Analysis for Service Virtualization by Component - Services and Software/Tools - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

Europe 7-Year Perspective for Service Virtualization by Component - Percentage Breakdown of Value Sales for Services and Software/Tools for the Years 2020 & 2027

Europe Current & Future Analysis for Service Virtualization by Deployment - On-Premises and Cloud - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

Europe 7-Year Perspective for Service Virtualization by Deployment - Percentage Breakdown of Value Sales for On-Premises and Cloud for the Years 2020 & 2027

FRANCE

France Current & Future Analysis for Service Virtualization by Component - Services and Software/Tools - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

France 7-Year Perspective for Service Virtualization by Component - Percentage Breakdown of Value Sales for Services and Software/Tools for the Years 2020 & 2027

France Current & Future Analysis for Service Virtualization by Deployment - On-Premises and Cloud - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

France 7-Year Perspective for Service Virtualization by Deployment - Percentage Breakdown of Value Sales for On-Premises and Cloud for the Years 2020 & 2027

GERMANY

Germany Current & Future Analysis for Service Virtualization by Component - Services and Software/Tools - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

Germany 7-Year Perspective for Service Virtualization by Component - Percentage Breakdown of Value Sales for Services and Software/Tools for the Years 2020 & 2027

Germany Current & Future Analysis for Service Virtualization by Deployment - On-Premises and Cloud - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

Germany 7-Year Perspective for Service Virtualization by Deployment - Percentage Breakdown of Value Sales for On-Premises and Cloud for the Years 2020 & 2027

ITALY

Italy Current & Future Analysis for Service Virtualization by Component - Services and Software/Tools - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

Italy 7-Year Perspective for Service Virtualization by Component - Percentage Breakdown of Value Sales for Services and Software/Tools for the Years 2020 & 2027

Italy Current & Future Analysis for Service Virtualization by Deployment - On-Premises and Cloud - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

Italy 7-Year Perspective for Service Virtualization by Deployment - Percentage Breakdown of Value Sales for On-Premises and Cloud for the Years 2020 & 2027

UNITED KINGDOM

UK Current & Future Analysis for Service Virtualization by Component - Services and Software/Tools - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

UK 7-Year Perspective for Service Virtualization by Component - Percentage Breakdown of Value Sales for Services and Software/Tools for the Years 2020 & 2027

UK Current & Future Analysis for Service Virtualization by Deployment - On-Premises and Cloud - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

UK 7-Year Perspective for Service Virtualization by Deployment - Percentage Breakdown of Value Sales for On-Premises and Cloud for the Years 2020 & 2027

REST OF EUROPE

Rest of Europe Current & Future Analysis for Service Virtualization by Component - Services and Software/Tools - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

Rest of Europe 7-Year Perspective for Service Virtualization by Component - Percentage Breakdown of Value Sales for Services and Software/Tools for the Years 2020 & 2027

Rest of Europe Current & Future Analysis for Service Virtualization by Deployment - On-Premises and Cloud - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

Rest of Europe 7-Year Perspective for Service Virtualization by Deployment - Percentage Breakdown of Value Sales for On-Premises and Cloud for the Years 2020 & 2027

ASIA-PACIFIC

Asia-Pacific Current & Future Analysis for Service Virtualization by Component - Services and Software/Tools - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

Asia-Pacific 7-Year Perspective for Service Virtualization by Component - Percentage Breakdown of Value Sales for Services and Software/Tools for the Years 2020 & 2027

Asia-Pacific Current & Future Analysis for Service Virtualization by Deployment - On-Premises and Cloud - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

Asia-Pacific 7-Year Perspective for Service Virtualization by Deployment - Percentage Breakdown of Value Sales for On-Premises and Cloud for the Years 2020 & 2027

REST OF WORLD

Rest of World Current & Future Analysis for Service Virtualization by Component - Services and Software/Tools - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

Rest of World 7-Year Perspective for Service Virtualization by Component - Percentage Breakdown of Value Sales for Services and Software/Tools for the Years 2020 & 2027

Rest of World Current & Future Analysis for Service Virtualization by Deployment - On-Premises and Cloud - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

Rest of World 7-Year Perspective for Service Virtualization by Deployment - Percentage Breakdown of Value Sales for On-Premises and Cloud for the Years 2020 & 2027

IV. COMPETITION

Total Companies Profiled: 12

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