Automation Testing Market Segments by Region, Growth, Price, Sales and Revenues of Manufacturers Forecast till 2029


Posted July 14, 2023 by pujammr

Automation Testing Market : was valued at US$ 20.18 Bn. in 2022 and is expected to reach US$ 57.04 Bn. by 2029, at a CAGR of 16% during a forecast period.
 
Automation Testing Market Overview:

Maximize Market Research's new report, Global Automation Testing Market 2022-2029, is useful for understanding the market's competitors. The research provides a broad and basic examination of the market, including an examination of subjective factors that might provide readers with vital business insights. The study offers a market overview that describes the value chain's structure, as well as the market's size, applications, and forecast for the years (2021–2027). The research will serve as a vehicle for a more accurate assessment of the current and future conditions of the worldwide Automation Testing market.

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Market Scope:

The research provides an analytical view of the business by studying several elements such as worldwide Automation Testing market growth, consumption volume, market trends, and company pricing structures throughout the projected period. In-depth research is used in the analysis to examine the market's complexity. The research provides an overview of the worldwide Automation Testing market, including market characteristics, market segmentation analysis, market size, customer landscape, and geographical landscape. The study considers growth drivers, current trends, advancements, prospects, and the competitive environment in its research. Based on productivity and manufacturing base, this market has been investigated in a number of different ways.

Segmentation:

by Testing Type
Non-functional Testing
Functional Testing

According to testing type, the functional testing segment had the greatest market share of % in 2022 because it ensures that a product's whole functionality—including all of its software and functionalities—are operational. Functional testing evaluates the operation of current software programmes and ensures that any upgrades do not break the program's current functionality. Market leaders are spending a lot of time creating technically sophisticated functional testing systems in order to outperform their rivals.

by Services
Planning & Development
Advisory & Consulting
Implementation
Support & Maintenance
Managed
Documentation & Training
On-Premises
Others

by Organization size
Small & Medium Enterprises
Large Enterprises

by Endpoint Interface
Web
Cloud
Desktop
Mobile

In 2022, the cloud sub-segment had the highest market share, which was %, according to the endpoint interface. The benefits of cloud-based automated testing include its capacity for parallel execution, cross-browser testing, decreased infrastructure expenses, and enhanced scalability. The centralised design of the cloud interface makes it a reliable platform for end-to-end automation testing, Continuous Delivery (CD), and Continuous Integration (CI), all of which will promote market expansion. Solutions for cloud automation can reduce the cost of IT infrastructure for people. Businesses only pay for the cloud resources they actually use. There is no need for unused infrastructure because removing resources is a low-friction process. The market's players are concentrating on fusing cutting-edge technologies like AI and machine learning in order to create highly advanced cloud-based test automation solutions.

by Verticals
BFSI
Manufacturing
Defense & Aerospace
Retail
Logistics & Transportation
Telecom & IT
Healthcare & Life Sciences
Automotive
Others

In 2022, the IT and Telecom vertical held the greatest market share, at %. The expansion of the business could be attributed to a rise in demand from telecom and IT industries for secure software testing services. Automated software solutions are widely used in platforms for operations and maintenance, web-based platforms, and billing update systems. The market demand for automated software testing services will rise as a result of these platforms' requirement for a highly secure and scalable interface.

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Key Players:

It then discusses the top competitors in the worldwide Automation Testing market, as well as emerging players, in detail, including market share based on revenue, demand, high-quality product makers, sales, and service providers. The research also evaluates raw material sources, import-export, the value chain, price structure, and the industrial supply chain in addition to capacity utilisation. The following participants are highlighted in this study:

1. Automation Testing Market
2. IBM
3. CA Technologies
4. Micro Focus
5. Capgemini
6. Microsoft
7. Tricentis
8. Smartbear
9. Parasoft
10. Cigniti Technologies
11. Ranorex
12. Testplant
13. Sauce Labs
14. Applitools
15. Afour Technologies
16. Invensis Technologies
17. QA Mentor
18. Testim.Io
19. Codoid
20. Mobisoft Infotech
21. Infostretch
22. Thinksys
23. Astegic
24. Cygnet Infotech
25. Qualitykiosk
26. Qasource

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Regional Analysis:

The report has analyzed the global Automation Testing market in the following regions:

North America (Mexico, Canada, and the United States)
. Germany, France, the United Kingdom, Russia, Italy, and the rest of Europe make up the European Union.
. Asia-Pacific region (including Australia, China, Japan, Korea, Southeast Asia, and Japan)
. Latin America (Brazil, Argentina, Colombia, and the remaining countries in South America)
Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East Africa)
The study offers in-depth perceptions into a wide range of development prospects and obstacles in the aforementioned regions based on various items, applications, end users, and nations, among other factors. The research also includes key features of the worldwide Automation Testing market, such as sales growth, product price and analysis, growth potential, and suggestions for tackling market issues in the given regions.

COVID-19 Impact Analysis on Automation Testing Market:

Practically every industry has been hit by the unprecedented global public health disaster known as COVID-19, and the long-term effects are anticipated to have an impact on industry growth for the duration of the forecast period. Our continuing study expands our research methodology to include fundamental COVID-19 concerns and potential next steps. The research provides insights on COVID-19 by taking into account changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of contemporary market forces, and substantial government initiatives. The updated research includes new information, analysis, projections, and predictions based on COVID-19's impact on the market.

The Automation Testing Market Report provides key answers to the following questions:

Which are the major companies in the Automation Testing market?
Which is the potential market for Automation Testing in terms of the region?
Which application area of Automation Testing is expected to grow at a significant rate in the market in the next 5 years?
What are the opportunities for new market entrants?
What will be the Automation Testing market size by 2027?
What are the market's chances of growth?
What is the base year considered in the Automation Testing market report?
Which region dominates the Automation Testing market in terms of market share?
What factors are anticipated to drive the Automation Testing market?
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Tags automation testing market , automation testing market size , automation testing market demand
Last Updated July 14, 2023