Test Automation Market Quadruples by 2023; with a ~ 15.34 % of Whooping CAGR | Configuration Testing, Web Services Testing, Compatibility Testing, Usability Testing, Functional Testing, QA Process Design, Security Testing
Test Automation Market - Competitive Insights:
The leading players in the market are Cognizant Corporation, IBM, Hewlett-Packard, Capgemini, Tata Consultancy Services and Infosys. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Test Automation Market was worth USD 22.67 billion in the year of 2014 and is expected to reach USD 81.93 billion by the end of 2023 while registering itself at a compound annual growth rate (CAGR) of 15.34% during the forecast period. The test automation market is anticipated to witness huge development because of the expanding pattern of digital transformation globally. Expanding interest in IT sector builds the demand of test automation. The key driving component for test automation market is the advantages offered by these apparatuses like time and cost devouring, convenient to test for multi lingual destinations, no need of human intercession, upgrade the speed of test execution. Additionally, test automation enhances the advancement procedure of a software product which builds the implementation of testing device in IT industry. Implementation of cloud solutions from organization is probably going to boost the development in the following years.
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The Test Automation Market is segmented as follows-
Test Automation Market - By Test Type:
• Configuration Testing
• Web Services Testing
• Compatibility Testing
• Usability Testing
• Functional Testing
• QA Process Design
• Security Testing
• Acceptance Testing
• Platform Testing
• Mobile Testing
• Migration Testing
• Integration Testing
• Load Testing
Test Automation Market - Type Outlook and Trend Analysis:
On the basis of test types, global test automation market is divided into compatibility testing, configuration testing, functional testing, web services testing, acceptance testing, mobile testing, integration testing, load testing, security testing, usability testing, migration testing, platform testing, network testing and QA process design. Functional testing ruled the test automation market in 2016 and is anticipated to develop amid estimate period. It represented around 24 percent share of the aggregate market on the basis of income. Functional testing is associated with the testing between the application on one side and rest of the framework. Enhanced properties and techniques for useful testing of .NET, Java and web applications require the functional testing tools which simultaneously builds the demand of test automation market.
Test Automation Market - By Region:
North America - U.S, Canada, Mexico
Europe - Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
Test Automation Market - Regional Outlook and Trend Analysis:
North America is anticipated to remain the market pioneer over the estimate time frame, and recorded USD 6.80 billion in 2016 on the basis of income and is anticipated to encounter significant development in the upcoming years. The fast deployment of versatile applications and Software as a Service (SaaS) on cloud is one of the significant factor behind the development of the test automation market in North America. Quickly developing IT industry in rising economies of Japan, China, and India is foreseen to drive the test automation market in Asia Pacific.
Test Automation Market - List of Tables:
Table 1.Test Automation Market, By Test Type ($Million), 2014-2023
Table 2.Configuration Testing Market, By Region ($Million), 2014-2023
Table 3.Web Services Testing Market, By Region ($Million), 2014-2023
Table 4.Compatibility Testing Market, By Region ($Million), 2014-2023
Table 5.Usability Testing Market, By Region ($Million), 2014-2023
Test Automation Market - List of Figures:
Figure 1.Test Automation Market Share, By Test Type, 2014 & 2023
Figure 2Test Automation Market, By Region, 2014 & 2023 ($Million)
Figure 3.IBM Corporation: Net Revenues, 2014-2016 ($Million)
Figure 4.IBM Corporation: Net Revenue Share, By Segment, 2016
Figure 5.IBM Corporation: Net Revenue Share, By Geography, 2016
Figure 6.Wipro Ltd.: Net Revenues, 2014-2016 ($Million)
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Some of the key questions answered by the report are:
• What was the market size in 2014 and forecast from 2015 to 2023?
• What will be the industry market growth from 2015 to 2023?
• What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
• What are the major segments leading the market growth and why?
• Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
About Crystal Market Research:
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