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Industry Landscape

The software testing industry is experiencing rapid growth, driven by the increasing complexity of software, the adoption of Agile and DevOps, and the critical need for secure and high-performing applications. API testing has emerged as a key focus due to the prevalence of microservices and IoT. Automation and specialized expertise are highly sought after to ensure faster time-to-market and reduced deployment risks.

Industries:
API TestingQuality AssuranceDevOpsAutomationTest Transformation

Total Assets Under Management (AUM)

Software Testing Services Market Size in United States

~Estimated to be over $10 billion USD in the US

(15-20% CAGR)

- Driven by digital transformation and cloud adoption.

- Increased demand for specialized testing like API and AI/ML testing.

- Focus on quality assurance across the entire SDLC.

Total Addressable Market

Approximately 40 billion

Market Growth Stage

Low
Medium
High

Pace of Market Growth

Accelerating
Deaccelerating

Emerging Technologies

AI/ML in Testing

Leveraging artificial intelligence and machine learning to automate test case generation, optimize test execution, predict defects, and enhance test coverage.

Shift-Left Security Testing

Integrating security testing earlier into the Software Development Life Cycle (SDLC), including API security testing, to identify vulnerabilities proactively.

Generative AI for Test Data & Scenarios

Utilizing generative AI models to create realistic and diverse test data and complex test scenarios, especially for API and microservices testing.

Impactful Policy Frameworks

NIST AI Risk Management Framework (AI RMF 1.0) 2023

Published by the National Institute of Standards and Technology, this framework provides voluntary guidance to manage risks associated with artificial intelligence, focusing on trustworthy AI development and deployment.

This framework will guide how AI-powered testing tools are developed and deployed, requiring SDT Corp. to ensure their AI/ML testing solutions adhere to principles of fairness, transparency, and accountability, potentially impacting their service offerings and client compliance requirements.

Cybersecurity Maturity Model Certification (CMMC) 2.0 (ongoing updates)

Managed by the Department of Defense (DoD), CMMC is a certification program designed to enhance the cybersecurity posture of the Defense Industrial Base (DIB), requiring contractors to implement specific cybersecurity practices and undergo assessments.

Companies working with the US DoD will require robust security testing, including API security, increasing demand for SDT Corp.'s specialized services that can help clients meet stringent CMMC compliance requirements.

Executive Order on Improving the Nation’s Cybersecurity (EO 14028) 2021

This US Executive Order mandates various actions to improve federal government cybersecurity, including enhanced software supply chain security, a focus on Zero Trust architecture, and more rigorous security testing.

The increased emphasis on software supply chain security and rigorous testing, especially for APIs and microservices, will drive greater demand for SDT Corp.'s expertise in comprehensive and automated testing services among federal contractors and potentially beyond.

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