Automation Testing Market: Global Industry Analysis and Forecast (2024 -2030) Trends, Statistics, Dynamics, Segmentation by Testing Type, Organization Size, and Region.
Automation Testing Market size was valued at USD 28.03 Bn. in 2023 and the Syringe and Needle total revenue is expected to grow by 6.2 % from 2024 to 2030, reaching nearly USD 42.71 Bn.
Format : PDF | Report ID : SMR_1385
Automation Testing Market Overview: -
The rapid adoption of advanced technologies is driving market growth during the forecast period. The market's expansion can be attributable to businesses' increasing willingness to employ advanced automation testing methods such as DevOps and Agile approaches. These approaches assist firms in shortening the time it takes to commercialize their software solutions by reducing the time it takes to automate analysis.
Quick bug elimination, post-deployment debugging, and software integration of unforeseen changes are also provided by Agile, and DevOps approaches. These advantages are anticipated to increase demand for elegant and DevOps-based automated analysis across various sectors, including monetary services, telecommunications, automotive, government, and public. To stay competitive, different market competitors are focusing on building test automation solutions based on Agile and DevOps methodologies.
Each test cycle produces a large amount of data that can be utilized to discover and resolve test failures. The data from each test run can be sent back to the AI algorithms. With the growing benefits of incorporating AI into analysis, the need for technology has risen. With more AI being used in the development of test tools, the tools will self-heal at runtime. Over the forecast period, self-healing automation analysis is expected to be one of the most popular automation analysis trends. As a result of these, new products are being introduced into the automation testing market.
On the other hand, governments establish data regulatory norms from various economies to protect data from unwanted access. Several regional rules must be followed regarding data storage security and privacy, including the Health Insurance Portability and Accountability Act (HIPAA) in the United States and the Data Protection Directive in the European Union. Data stored on-premises is entirely secure; however, data stored on the cloud is exposed to security risks.
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Automation Testing Market Dynamics:
The automation testing market has observed extensive developments in the last few decades. For instance, Neotys, a performance analysis firm, was bought by Tricentis. With the addition of Neo Load to the Tricentis offering, customers will have access to an enterprise-grade performance analysis solution. In addition, QBS Software and Mart Bear formed a strategic relationship. This collaboration's primary purpose is to increase the efficiency of corporate software solutions to more than 240,000 businesses across EMEA. As a result, key companies' acquisitions and developments drive market expansion over the projection period.
Furthermore, the automated analysis sector has tremendous potential to evaluate these advanced technical applications as modern technologies such as IoT, AI, and machine learning continue to expand. The majority of the company's work is managed digitally and through rule-based software. When it comes to dealing with serious situations, this strategy is limited. To achieve the goal of the autonomous analysis. Each test cycle produces a large amount of data that can be utilized to discover and resolve test failures. The data from each test run can be sent back to the AI algorithms. With the growing benefits of incorporating AI into analysis, the need for technology has risen. With more AI being used in the development of test tools, the tools will self-heal at runtime. Over the forecast period, self-healing automation analysis is expected to be one of the most popular automation analysis trends. As a result of these, new products are being introduced into the automation testing market.
Automation Testing Market Segment Analysis: -
Based on the service segment, the implementation services segment is expected to be the most significant revenue contributor in the global market. With the help of implementation services, automation may be readily integrated into an existing software automation testing infrastructure. As a result, successful implementation of automated analysis solutions necessitates connecting the solutions with various hardware components and evaluating the overall system's functionality. The automation testing market has observed extensive developments in the last few decades. For instance, Neotys, a performance analysis firm, was bought by Tricentis. With the addition of Neo Load to the Tricentis offering, customers will have access to an enterprise-grade performance analysis solution. In addition, QBS Software and Mart Bear formed a strategic relationship. This collaboration's primary purpose is to increase the efficiency of corporate software solutions to more than 240,000 businesses across EMEA. As a result, key companies' acquisitions and developments drive market expansion over the projection period.
Automation Testing Market Region:
North America had the largest revenue share. The widespread dispersion of technology suppliers is driving the region's market. Smart consumer electronics such as smart TVs, home appliances, and laptops are becoming increasingly popular in the U.S. fuelling market demand. In smart consumer gadgets, software, web applications, and operating systems (OS) are intricately linked. As these smart consumer products become more generally accepted, the demand for test automation services in the region will increase.
Moreover, Asia Pacific is expected to witness a high CAGR in the global market. The Asia Pacific region is the most promising since it includes essential economies like Australia, Japan, Singapore, China, New Zealand, and Hong Kong, all of which have significant growth potential for automation analysis organizations.
The region is predicted to grow at the fastest CAGR throughout the projection period. This region contains significant economies like India and China, with large customer bases. Governments are implementing initiatives to hasten the adoption of new technologies such as artificial intelligence and machine learning, automation, the Internet of Things, mobile and web-based apps, cloud-based services, and other innovations.
Automation Testing Market Scope Table
Automation Testing Market |
|
Market Size in 2023 |
USD 28.03 Billion |
Market Size in 2030 |
USD 42.71 Billion |
CAGR (2024-2030) |
6.2 % |
Historic Data |
2018-2022 |
Base Year |
2023 |
Forecast Period |
2024-2030 |
Segment Scope |
By Testing Type Static Testing Dynamic Testing |
By Organization Size Small and Medium-Sized Enterprises Large Enterprise |
|
Regional Scope |
North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America |
Automation Testing Market Key Players:-
1. Sauce Labs
2. AFour Technologies.
3. Invensis
4. Keysight Technologies
5. Broadcom
6. Applitools
7. Cygnet Infotech Astegic
8. Mobisoft Infotech
Frequently Asked Questions
The North American region is expected to hold the highest share of the Automation Testing Market.
The market size of the Automation Testing Market by 2030 is expected to reach US$ 42.71 Bn.
The forecast period for the Automation Testing Market is 2024-2030
The market size of the Automation Testing Market in 2023 was valued at US$ 28.03 Bn
- Scope of the Report
- Research Methodology
- Global Automation Testing Market: Target Audience
- Global Automation Testing Market: Primary Research (As per Client Requirement)
- Global Automation Testing Market: Secondary Research
- Executive Summary
- Competitive Landscape
- Market Share Analysis by Region in 2023(%)
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- Stellar Competition matrix
- Key Players Benchmarking
- Key Players Benchmarking by Product, Pricing, Market Share, Investments, Expansion Plans, Physical Presence, and Presence in the Market.
- Mergers and Acquisitions in Industry
- M&A by Region, Value, and Strategic Intent
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- PESTLE Analysis
- PORTERS Five Force Analysis
- Value Chain Analysis
- Market Share Analysis by Region in 2023(%)
- Global Automation Testing Market Segmentation
- Global Automation Testing Market, by Testing Type (2023-2030)
- Static Testing
- Dynamic Testing
- Global Automation Testing Market, By Organization Size(2023-2030)
- Small and Medium-Sized Enterprises
- Large Enterprise
- Global Automation Testing Market, by Region (2023-2030)
- North America
- Europe
- Asia-Pacific
- Middle East & Africa
- South America
- Global Automation Testing Market, by Testing Type (2023-2030)
- North America Automation Testing Market Segmentation
- North America Automation Testing Market, by Testing Type (2023-2030)
- Static Testing
- Dynamic Testing
- North America Automation Testing Market, By Organization Size (2023-2030)
- Small and Medium-Sized Enterprises
- Large Enterprise
- North America Automation Testing Market, by Country (2023-2030)
- United States
- Canada
- Mexico
- North America Automation Testing Market, by Testing Type (2023-2030)
- Europe Automation Testing Market Segmentation
- Europe Automation Testing Market, by Testing Type (2023-2030)
- Europe Automation Testing Market, By Organization Size (2023-2030)
- Europe Automation Testing Market, by Country (2023-2030)
- Asia Pacific Automation Testing Market Segmentation
- Asia Pacific Automation Testing Market, by Testing Type (2023-2030)
- Asia Pacific Automation Testing Market, By Organization Size(2023-2030)
- Asia Pacific Automation Testing Market, by Country (2023-2030)
- Middle East and Africa Automation Testing Market Segmentation
- Middle East and Africa Automation Testing Market, by Testing Type (2023-2030)
- Middle East and Africa Automation Testing Market, By Organization Size(2023-2030)
- Middle East and Africa Automation Testing Market, by Country (2023-2030)
- South America Automation Testing Market Segmentation
- South America Automation Testing Market, by Testing Type (2023-2030)
- South America Automation Testing Market, By Organization Size(2023-2030)
- South America Automation Testing Market, by Country (2023-2030)
- Company Profiles
- Key Players
- Sauce Labs
- Company Overview
- Product Portfolio
- Financial Overview
- Business Strategy
- Key Developments
- AFour Technologies
- Invensis
- Keysight Technologies
- Broadcom
- Applitools
- Cygnet Infotech Astegic
- Mobisoft Infotech.
- Sauce Labs
- Key Players
- Key Findings
- Recommendations