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Showing posts with label Netscribes (India) Pvt. Ltd.. Show all posts
Showing posts with label Netscribes (India) Pvt. Ltd.. Show all posts

Tuesday 21 May 2013

Global and India Software Testing Industry 2013 Latest study by MarketResearchReports.biz


The new report, ‘Software Testing Market in India’, states that India has become one of the major destinations for outsourcing software testing services owing to the availability of cost effective talent pool. Increasing number of software development companies are outsourcing their software testing work to India owing to a rise in demand for software testing services. This high demand is generated in order to prevent software bugs that result in huge losses for the company. United States is the key market for the big Indian testing vendors, followed by Europe and Middle East.





The outsourced software testing market comprises of both traditional and independent testing services (ITS). ITS gains more popularity as enterprises does not require to invest in expensive hardware & software. Leading software testing companies in India provides facilities and Center of Excellence to offer ITS. Currently about 180,000 people are employed in this field in India. 

The growth of software testing market is supported by strong foothold of IT services sector in India. Growing maturity of Indian vendors allow consistent high quality service delivery and better user defined standards. Demand for testing services is gaining a speedy growth with rapid evolution of vendor capabilities in last two decade. Rising adoption of different growth strategies by testing vendors will help them to differentiate from other abundant service providers. Indian software testing market will witness further growth owing to the recent government initiatives in IT & ITeS sector.



However, the industry has also some pain points. Even though India is known for its IT expertise, it still lacks enough educational and training focus on software testing. An agile software development with poor testing may lead to poor coding thereby escalating risk of errors. Further rising competition from other low cost nations pose a threat to India’s dominance in the testing industry.

Currently the software testing industry senses the need for mobile application testing owing to rapid growth of mobile phone applications. Also, the industry is witnessing the trend to shift towards cloud based testing; testing-as-a-service; automated testing and testing in domain-specific niche services.


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MarketResearchReports.Biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are especially designed to save time and money of our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

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Worldwide and India Lead Acid Battery Industry 2013 Available Through MarketResearchReports.biz


The new report, ‘Lead-Acid Battery Market in India’, states that the battery market in India is experiencing rising demand from various sectors, thereby providing immense opportunities to manufacturers to grow and operate in the market lucratively. Steadily growing automobile sector and rising need for power backup is primarily aiding growth in the lead-acid battery market. The replacement market for batteries has also been growing considerably and is mostly served by smaller firms. 


They function mostly in the semi-urban and rural areas, catering to the battery needs of old automobiles, tractors and other farm equipments. The need for uninterrupted power in various industries such as telecom, banking and hospitality has resulted in the strong growth of industrial batteries. Another area from where the market has been facing high demand is the renewable energy market where batteries are required to store the energy generated from renewable sources.

The market is characterized by its duopolistic nature. Two companies, Exide Industries Ltd. and Amara Raja Batteries Ltd., enjoy around 90% market share. Due to the tremendous brand recall experience by these companies, most original equipment manufacturers use batteries manufactured by them. The passenger vehicle space is dominated by the two companies due to their strong tie-ups with recognized international players. Moreover, power concentration being in the hands of these two players, the pricing power remains strong for the industry.

The high efficiency with which lead acid batteries can be recycled has resulted in several recyclers entering the battery business. Since it is easier to make a recycled lead-acid battery than manufacturing a new one, most players find it more convenient to enter the battery recycling business. This has resulted in a large unorganized market.


Since recycling, if not done with proper care, can result in heavy pollution, the Government of India has laid down several guidelines. The Batteries (Management and Handling) Rules, 2001 is the law governing battery regulation in India. It was issued by the Ministry of Environment and Forests (MoEF) and provided regulations for the management and handling of lead-acid batteries. It set up an extensive reporting system for manufacturers, dealers, importers, recyclers and others in the supply chain of lead-acid batteries and stated the responsibilities of each. MoEF or an agency designated by it tracks the distribution and sale of batteries. It looks into the collection, auction, transport and re-processing of used batteries and sale of re-processed lead by registered recyclers.

Although a large unorganized market exists at present and the market is dominated by two main players, with competitive pricing and extensive marketing initiatives new players can capture a significant share in the market.


About Us

MarketResearchReports.Biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are especially designed to save time and money of our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

Contact
M/s Sheela
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-997-4948