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Model Based Testing Market is Expected to Generate Huge Profits by 2027
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Model Based Testing Market: Drivers and Restraints,Regional Overview and Key Companies
The process of implementation of software at various end points along with cutting edge functionalities is getting complex. Moreover, due to failure in keeping up with the difficult structure of dependencies in system under test, procedure of manual testing is getting out-of-date. This is one of the major factors which is fuelling the growth of the model based testing market. Although model based testing is broadly accepted method due to its efficiency in testing, they area also assumed as challenging methods. The most demanding and complex process is model building that is based on model testing. It is tremendously tough to use testing tools that are based on model.
Due to large base of automobile manufacturing and ever growing sector of information and technology that needs software testing, the developing economies such as Asia Pacific are likely to have remarkable growth during the forecasted period. Some developed regions such as Europe and North America are also likely to contribute remarkably to the market of model based testing. The reason behind this growth is well-established automobile industry and existence of world’s best and leading companies.
Major companies involved in the global model based testing market are focusing on test design automation as well as accelerate testing of financial service applications at a commercial level. For example, extensive experience of Capgemini in the implementation of commercial off-the-shelf services typically for financial services. This covers insurance claims, core banking, payments processing as well as security trading. This platform for model based testing of Capgemini permits testing professionals to develop test cases with higher efficiency and effectually with the assistance of pre-defined tools and accelerators. Here is the list of companies that are functioning in the model bases testing market- Infosys, HCL Technologies, Microsoft, Accenture, Oracle, Capgemini, Wipro, and Oracle.
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