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Broadcom Service Virtualization vs Parasoft Virtualize vs ReadyAPI Virtualization comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Mindshare comparison

As of October 2025, in the Service Virtualization category, the mindshare of Broadcom Service Virtualization is 28.8%, down from 36.6% compared to the previous year. The mindshare of Parasoft Virtualize is 19.4%, down from 20.2% compared to the previous year. The mindshare of ReadyAPI Virtualization is 15.6%, up from 10.0% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Service Virtualization Market Share Distribution
ProductMarket Share (%)
Broadcom Service Virtualization28.8%
Parasoft Virtualize19.4%
ReadyAPI Virtualization15.6%
Other36.199999999999996%
Service Virtualization
 

Featured Reviews

DM
Can be used for the virtualization of TCP/IP protocols for third-party terminal insurance
We use it for the virtualization of third-party APIs for performance testing. Our second use case is related to the virtualization of TCP/IP protocols for third-party terminal insurance, which is used for insurance clients In the case of the virtualization of TCP/IP protocols for third-party…
Ujjwal Gupta - PeerSpot reviewer
Captures and simulates live system behavior from recordings
Virtualizing a component or service which does not exist or is under development. - Broad, flexible support for literal, XML, JSON requests & responses - Broad, flexible support for Protocol (HTTP, HTTPS, JMS, MQ & for other traffic types such as SQL Queries), Transport & Message Formats (i.e. EDI messages) - Ability to create data driven responders - Recording traffic by acting as a proxy and replaying the recorded traffic for quick and easy virtual asset creation. - Virtualize fills the gap by providing access to their behavior by removing dependency of databases, mainframes, third-party systems, etc. - No Limitations on Traffic hits per day.
Venkata Yedida - PeerSpot reviewer
Good RESTful API support and performs well, but customization is difficult and time-consuming
My advice for anyone who is considering this product is that it is mainly for RESTful calls. If somebody is using Swagger APIs or some RESTful calls as part of the specification that they want to virtualize, then this tool can be a good choice. Also, if they want to virtualize a GUI tool, then it is good. In general, this is a good product but I think that the user experience has to be improved. There's just a lot of manual work that has to be done with scripting. This should be reduced to make it a more seamless experience for the user. I would rate this solution a seven out of ten.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"Easy to understand ways of creating stubs."
"Unit testing or early life testing did not have to be stopped or delayed because those services were not available."
"The ability to do parallel development and testing reduces our costs for duplicating environments, improving the productivity of our developers, and bringing products faster to market."
"Helps us to remove barriers that we have with dependencies on services that we don't own, or services that don't even exist yet."
"In the case of the virtualization of TCP/IP protocols for third-party terminal insurance, there was a device terminal, which was interacting with the application via the TCP/IP protocol. Most of the tools don't support that, but we were able to achieve it using Broadcom Service Virtualization."
"There are several areas that are easily configurable."
"You can have a lot of different people with different technologies use the tool, without any programming experience at all, all the way up to people who can program. And then, the more technical that you are, the more programming you have, the more you're able to customize the tool."
"The most valuable feature is that it supports so many protocols. We, being a large bank, have almost all the protocols, and it supports all of them, so that's one good thing."
"The initial setup is quite easy to manage."
"Features, such as using Groovy scripts for generating dynamic response, which read data out of Excel sheets and one-click deployment are really nice."
"Discovery option to create virtual services."
"In times of DevOps, where continuous delivery and deployment is progressing at such a fast pace, ServiceV Pro has emerged as an add-on for enhancing our API product finish."
"ServiceV Pro enabled our organization to deliver an end-to-end solution by virtualizing external systems, which was easy to implement and provided for a lot of flexibility."
"Ties-in with the rest of the SoapUI platform and its ability to record traffic and create a virtual endpoint."
"The technical support is good."
"The solution is very easy to use."
 

Cons

"UI should be more user friendly: better usability, more testing oriented."
"Needs some additional lightweight, portable elements."
"It is not a stable solution."
"We had to implement an external service catalog. We put it in ServiceNow. I would like to see an integrated service catalog."
"The workstation component has a very out-dated UI and is in dire need of a facelift."
"I would rate the tech support a nine out of ten. They need more knowledge about the connectivity to DevOps orchestration."
"​From a reporting perspective I think we would like to have a more user-friendly approach."
"CA actually releases a new version every year. We had issues with the upgrade prior to the latest one."
"It would be ideal if the product offered more in terms of data virtualization or have a separate product that could be combined with this one that could offer a bit more in order to cover more of our requirements."
"The effort required to utilize the capabilities/usage of ServiceV Pro looks like the one area where we could have some further improvements"
"Greater capacity to create Virtual APIs based on HAR files or wireshark recordings."
"The solution does not allow you to export APIs to the cURL command like Postman."
"ServiceV still has some bug in the tools, such as structure of the project, integration, and combination with different tools present."
"It needs support for a wider set of protocols."
"Requires more documentation or videos with examples, which is easily understood by the new users."
 

Pricing and Cost Advice

"There is a yearly licensing cost, and I would give it a four out of five."
"I don't have the exact dollar amount, but we have spent close to $1,000,000 for a three-year agreement, for an enterprise level."
"There are additional fees for advanced-level technical support."
"I think the pricing is quite fair because this solution provides a lot of functionalities, and is quite stable."
Information not available
"Be updated with the latest offerings that the tool provides so as to avoid any clashes with issues, like licensing."
"Pricing is alright, however more options would be desirable for a fairly new product like ServiceV."
"This product is worth the cost."
"Ability to have general IT staff enable developers using this software as opposed to more expensive vendors or developers building their own solution."
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Top Industries

By visitors reading reviews
Financial Services Firm
29%
Manufacturing Company
11%
Computer Software Company
11%
Performing Arts
10%
No data available
No data available
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business6
Midsize Enterprise8
Large Enterprise98
By reviewers
Company SizeCount
Small Business4
Midsize Enterprise2
Large Enterprise7
By reviewers
Company SizeCount
Small Business2
Midsize Enterprise1
Large Enterprise4
 

Also Known As

ITKO LISA, CA LISA, CA Service Virtualization
Parasoft Service Virtualization
ServiceV Pro
 

Overview

 

Sample Customers

Union Bank, Swisscom, Autotrader, KPN, ING Bank, Best Buy, American Family Insurance, TESCO, Telefonica, Molina Healthcare, California DMV, Aktia, City Index, Con-way, DirecTV, GRU Airport, Liquidnet, NAB, Nordstrom, T-Mobile, TIM Brasil, 
Alaska Airlines, Cox Automotive, Comcast, Lufthansa, Samsung, WoodmenLife, Caesars Entertainment, Capital One, REI
Zurich Insurance Group
Find out what your peers are saying about Tricentis, Broadcom, OpenText and others in Service Virtualization. Updated: October 2025.
872,655 professionals have used our research since 2012.