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April 2018
Software Product Development
Sectorwatch
The software engineering market has experienced a tremendous amount of advancement over the years and this is widely attributed to the continuous shift in the strategies and methodologies of software testing and test management tools. An efficient and strong security program is top priority the businesses in general, therefore, there will be more demands for products built on the lines of the latest trends and strategies in software testing.
Industry Trends:
- Current revenue growth rate is less than the average of the last 3 years, indicating that the market may be flattening or declining
- Current gross profit margin is less than the average of the last 3 years gross profit margins, indicating customer pricing power
- Current EBITDA margin is less than the average of the last 3 years EBITDA margins, which may signal further consolidation
