The artificial intelligence (ai) enabled testing global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Artificial Intelligence (AI) Enabled Testing Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The artificial intelligence (AI)-enabled testing market size has grown exponentially in recent years. It will grow from $0.58 billion in 2023 to $0.70 billion in 2024 at a compound annual growth rate (CAGR) of 21.7%. The growth in the historic period can be attributed to the demand for accelerated software development, the complexity of software systems, the adoption of agile and DevOps methodologies, the need for enhanced test coverage and accuracy, and the pressure to reduce testing costs.
The artificial intelligence (AI)-enabled testing market size is expected to see exponential growth in the next few years. It will grow to $1.56 billion in 2028 at a compound annual growth rate (CAGR) of 21.1%. The growth in the forecast period can be attributed to the emergence of AI-powered test analytics platforms, integration of AI with test management tools, expansion of AI capabilities in continuous testing pipelines, demand for AI-driven security testing solutions, a proliferation of AI-based testing in IoT and embedded systems. Major trends in the forecast period include the adoption of AI-driven test generation and execution, the rise of AI-based autonomous testing agents, the growth of AI-enabled predictive testing models, the integration of AI with blockchain testing frameworks, and the expansion of AI-driven testing to edge computing environments.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-ai-enabled-testing-global-market-report
Scope Of Artificial Intelligence (AI) Enabled Testing Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Artificial Intelligence (AI) Enabled Testing Market Overview
Market Drivers –
The rise of cloud computing is expected to propel artificial intelligence (AI)-enabled testing market going forward. Cloud computing refers to delivering computing services, including servers, storage, databases, networking, software, and analytics, over the Internet to offer faster innovation, flexible resources, and economies of scale. The rise of cloud computing is due to its ability to provide scalability, cost-effectiveness, and accessibility, enabling businesses to streamline operations, enhance flexibility, and leverage advanced technologies without the need for extensive infrastructure investments. AI-powered testing generates actionable insights from testing data, helping stakeholders make informed decisions about the quality and readiness of the software for deployment. For instance, in December 2023, according to Eurostat, a Luxembourg-based governmental organization of the European Union operating as the statistical office, in 2022, the adoption rate of cloud computing services among medium-sized enterprises increased to 59%, marking a rise from 53% in 2021. Therefore, the rise of cloud computing is driving the growth of the artificial intelligence (AI)-enabled testing market.
Market Trends –
Major companies operating in the artificial intelligence (AI)-enabled testing market are developing advanced testing solutions such as application security testing solutions to gain a competitive edge in the market. Application security testing solutions help organizations proactively identify and remediate security vulnerabilities in their software applications, reducing the risk of security breaches and protecting sensitive data from unauthorized access or exploitation. For instance, in April 2024, Invicti, a US-based web application security company, launched an AI-enabled Predictive Risk Scoring capability. This feature assigns predicted risk levels to applications, helping organizations gain a strategic view of the security risk. This new capability remaps the application security testing process to profile and calculate a risk score on all discovered web applications before scanning begins, requiring no scanning resources or customer data to assess the risk score.
The artificial intelligence (ai) enabled testing market covered in this report is segmented –
1) By Component: Software, Service
2) By Deployment: On-Premises, Cloud
3) By Technology: Machine Learning And Pattern Recognition, Natural Language Processing (NLP), Computer Vision And Image Processing
4) By Application: Test Automation, Infrastructure Optimization, Other Applications
5) By End User Industry: Healthcare, Information Technology And Telecommunication, Energy And Utilities, Banking, Financial Services, And Insurance (BFSI), Government, Other End User Industries
Get an inside scoop of the artificial intelligence (ai) enabled testing market, Request now for Sample Report @
https://www.thebusinessresearchcompany.com/sample_request?id=15121&type=smp
Regional Insights –
North America was the largest region in the artificial intelligence (AI)-enabled testing in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (AI) enabled testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the artificial intelligence (AI) enabled testing market report are Amazon.com Inc.; Google LLC; Microsoft Corporation; Dell Technologies Inc.; Siemens AG; International Business Machines Corporation (IBM); Cisco Systems Inc.; Oracle Corporation; Broadcom Inc.; SAP SE; Hewlett Packard Enterprise Company; Salesforce.com Inc.; Adobe Inc.; VMware Inc.; ServiceNow Inc.; Autodesk Inc.; Red Hat Inc.; Twilio Inc.; Citrix Systems Inc.; Atlassian Corporation Plc; RingCentral Inc.; GitHub Inc.; Slack Technologies Inc.; Sonatype Inc.; CA Technologies Inc.
Table of Contents
1. Executive Summary
2. Artificial Intelligence (AI) Enabled Testing Market Characteristics
3. Artificial Intelligence (AI) Enabled Testing Market Trends And Strategies
4. Artificial Intelligence (AI) Enabled Testing Market – Macro Economic Scenario
5. Global Artificial Intelligence (AI) Enabled Testing Market Size and Growth
…..
32. Global Artificial Intelligence (AI) Enabled Testing Market Competitive Benchmarking
33. Global Artificial Intelligence (AI) Enabled Testing Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Artificial Intelligence (AI) Enabled Testing Market
35. Artificial Intelligence (AI) Enabled Testing Market Future Outlook and Potential Analysis
36. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
