Automation Testing Market 2022 Competitive Analysis and Research Report- IBM Corporation, Micro Focus International plc, Capgemini SE, Tricentis USA Corp

The Automation Testing Market provides a unique tool for evaluating the market highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets capacities and on the changing structure of the Automation Testing Market forecast 2026.          

The automation testing market is expected to grow at 14.2% CAGR during the forecast period from 2021 to 2026.

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The Automation Testing market is highly competitive and consists of a number of major players. Companies like IBM Corporation, Micro Focus International plc, Capgemini SE, Tricentis USA Corp, SmartBear Software Inc., Parasoft Corporation, Cigniti Technologies Limited, Keysight Technologies Inc, Invensis Technologies Pvt Ltd, Sauce Labs Inc. Amongst Others.

Key Developments:

- June 2020 - Micro Focus announced AI-powered enhancements to the intelligent testing capabilities to its UTF line of products, a unified set of solutions designed to reduce the overall complexity of automating the functional testing processes. These latest AI-based capabilities ensure application teams can meet growing demands in an efficient, effective, and agile way by increasing test coverage and test asset resiliency coupled with reducition in test creation time and maintenance efforts.
- January 2020 - TestProject, which is a free cloud test automation platform, announced a new strategic collaboration with Sauce Labs to offer an end-to-end, complete automated testing experience ranging test creation, execution, and analysis. While leveraging codeless test creation from TestProject in alliances with continuous test execution from Sauce Labs, the enterprises can seamlessly create, store, and execute automated tests across a wide variety of browsers, OS, and devices from a single cloud-enabled interface.

Key Market Trends:

IT & Telecommunication Industry is Expected to Hold Significant Share
- With the help of automated testing, IT & telecom organizations can gain quick feedback on the mainframe, and supercharge innovation without having the risk of bottlenecks that disrupt operations, hinder customer experiences or impact enterprise's revenues. The enterprises can improve quality, velocity, and efficiency on the mainframe while lowering the problems of the shortage of experienced developers.
- In December 2019, a global survey conducted by a US software firm, Compuware, revealed that most enterprises think manual testing is one of the major hindrances to a business's success. More than 90% of respondents believe automation testing to be the single most crucial factor in accelerating innovation. However, the survey also found that just 7% of enterprises automate tests on the mainframe, indicating the considerable market opportunity for automation testing.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools:  Automation Testing Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Frequently asked questions by our customers:

-What are the drivers governing the growth of the market?

-What is the annual growth rate of the Automation Testing market?

-What is the impact of Covid-19 on the market?

Finally, Automation Testing Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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