Software Testing Tools Total Addressable Market. The digital transformation of businesses and high demand for automated application testing services are key factors driving the growth of the market. Point Of Sale Software Market Report Scope.
The application testing services market is estimated to be USD 2659 Billion in 2017 and is projected to reach USD 5014 Billion by 2022 at a CAGR of 135 from 2017 to 2022. Typically a large addressable market is appealing to venture capitalists willing to back startups with extensive growth potential. The total addressable market would be the worldwide headphones market and your served available market would be limited to the bluetooth headphones market in the United States.
The total addressable market would be the worldwide headphones market and your served available market would be limited to the bluetooth headphones market in the United States.
Gartner estimates that FSM application market penetration has reached 25 of its total addressable market. The forecast also looked at the market size and growth based on the impact of three key trends. TAM helps prioritize business opportunities by serving as a quick metric of a given opportunitys underlying potential. The served available market gives you a much better sense of how much revenue you can realistically bring in with your product but the TAM is useful in indicating how much room there is for potential growth.