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:
The Automation Testing market research study investigates and analyses the market’s position during the forecast period. It is comprehensive research that focuses on primary and secondary drivers, market dominance, important segments, and geographic analysis. The study also examines noteworthy personalities, big partnerships, mergers, and acquisitions, as well as current innovation and corporate strategy.
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Market Scope:
We looked at the Automation Testing Market from every perspective possible, using both primary and secondary research methods. This increased our understanding of current market dynamics such supply-demand imbalances, pricing trends, product preferences, and customer behaviour. The data is then compiled and assessed using a range of market estimates and data validation processes. Furthermore, we have an in-house data forecasting engine that forecasts market growth until 2027.
Drivers:
By enabling the completion of many tests in a short amount of time and with minimal resources, automation testing results in software that is of higher quality. The global automation testing market is growing as a result of additional advantages of automation testing, including time savings, transparency, and speed and effectiveness. An in-depth examination of the market is provided by the Global Automation Testing Market report. Using technologies like AI, IoT, and DevOps, three categories have been created for the worldwide automation testing industry. Because AI is able to learn from a variety of user flows and create test cases using actual user data, it is anticipated that it will make up a large share of the automated testing market.
Segmentation:
by Testing Type
Non-functional Testing
Functional Testing
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
by Verticals
BFSI
Manufacturing
Defense & Aerospace
Retail
Logistics & Transportation
Telecom & IT
Healthcare & Life Sciences
Automotive
Others
Key Players:
Primary and secondary research is used to identify market leaders, and primary and secondary research is utilized to calculate market revenue. In-depth interviews with important thought leaders and industry specialists such as experienced front-line staff, CEOs, and marketing professionals were conducted as part of the core research. Primary research comprised in-depth interviews with prominent thought leaders and industry specialists, such as experienced front-line staff, CEOs, and marketing professionals, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to calculate percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then compared to historical data. The players highlighted in this report are as follows:
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 study takes an in-depth look at the local industry, using both qualitative and quantitative data. It gives a segment-by-segment overview and forecast of the worldwide Automation Testing market. It also offers market size and forecast estimates for five major regions, including North America, Europe, Asia-Pacific, the Middle East and Africa, and South America, from 2021 to 2027. Each area’s Automation Testing market is further subdivided into regions and segments. The report investigates and forecasts many countries, as well as existing trends and prospects in the field.
COVID-19 Impact Analysis on Automation Testing Market:
We thoroughly researched and analyzed the Global Automation Testing Market Development Strategy post-COVID-19, by corporate strategy analysis, landscape, type, application, and leading countries, which encompasses and analyses the potential of the global Automation Testing industry, providing statistical data on market dynamics, growth factors, major challenges, PORTER analysis, and market entry strategy analysis, opportunities, and forecasts. The major purpose of the research is to offer industrial businesses a strategic analysis of COVID-19’s influence. Simultaneously, this investigation looked into the markets of major countries and highlighted their market potential.
Key Questions Answered in the Automation Testing Market Report are:
• What are the most promising high-growth opportunities in the global Automation Testing sector, as defined by product category, End User, and Region?
• Which Automation Testing market segments will expand the fastest, and why?
• Which areas will expand the fastest, and why?
• What are the primary elements influencing Automation Testing market dynamics? What are the primary drivers and obstacles in the Automation Testing market?
• What are the Automation Testing market’s business risks and dangers?
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