Press release
Software Test Automation Market Latest Trends and Analysis, Future Growth Study by 2032
Software Test Automation Market size was valued at USD 19.9 Billion in 2021 and is projected to reach USD 89.81 Billion by 2030, growing at a CAGR of 19.36% from 2023 to 2030.Every successful digital transformation effort must include testing. An effective test automation plan significantly improves a company's digital testing processes and has a positive impact on the end-user experience. To increase the quality of software, tests are automatically run, test data is managed, and results are analysed. It is essentially a quality-control measure, but the entire software development team must participate in order for it to function. The involvement of all parties involved, from developers to business analysts and DevOps engineers, is necessary to get the most out of test automation. Automated testing is beneficial for large projects, projects that must test the same elements of the project repeatedly, and projects that have already through a human testing procedure.
Market Overview
The Automation Testing Market is being driven by the rise in demand for testing process automation, solutions to offer a seamless user experience, and the expanding usage of cutting-edge AI-enabled technologies for software testing environments. But in the upcoming years, obstacles like the growing difficulty of making the switch from manual to automated testing are anticipated to hinder market growth. The transition to automated testing has been greatly accelerated by artificial intelligence (AI) and machine learning (ML). Given that AI shortens the test lifecycle, it is becoming more and more common in testing. It is utilised in all facets of testing, including functional, regression, performance, and automated testing.
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Global Software Test Automation Market: Major Players
Original Software
Parasoft
SmartBear
Tricentis
Broadcom
Microsoft
Experitest
Eggplant
Katalon
Ranorex
Neotys
Micro Focus
Global Software Test Automation Market: By Types
Cloud-Based
On-Premises
Global Software Test Automation Market: By Applications
BFSI
Telecom and media
Manufacturing
Retail
Others
Global Software Test Automation Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Software Test Automation market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market's competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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Frequently Asked Questions
• What is the projected market size & growth rate of the Automation Testing Market?
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