Automation Testing Market to See Wonderful Rise during 2022-2030 with High CAGR Growth

The Automation Testing market crossed US$ 25.25 billion mark in 2022 and is expected to hit US$ 81.36 billion by 2030, recording a CAGR of 17.3% during the forecast period.

The robust growth of the global automation testing market can be attributed to the high demand for machine learning and artificial intelligence among enterprises in quality assurance and testing. Moreover, an increasing need to provide seamless end-user experience is further propelling market growth. However, the prevalence of manual testing and high implementation cost associated with automation testing is likely to restrict market growth during the forecast period. On the other hand, the rapid consumption of mobile-based applications and developments in the IT sector are expected to create lucrative opportunities for the automation testing market in the coming years.

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Companies Profiled in this report includes: - Automation Testing Market Outlook
• AFour Technologies
• Applitools
• Astegic
• Broadcom

As modern technologies such as IoT, AI, and machine learning are spreading rapidly, the automation testing industry has a huge opportunity to test these advanced technological applications. Currently, most business processes are managed digitally and by rules-based software. This method has limited possibilities for solving important problems. Processes are time-consuming and require employees to perform highly repetitive tasks, resulting in decreased employee productivity and overall organizational effectiveness. Furthermore, automation testing is helping a wide range of sectors by reducing task creation time and improving business operations efficiency. The market has attracted a lot of attention from leading IT organizations in recent years, which has led to increased investment in developing the latest tools for quality assurance and software testing. The market demand is also increasing due to the rapid growth in the number of mobile applications in sectors such as multimedia, travel, communication, productivity, and utilities.

Scope of the report:
In this report, the market has been segmented:

Testing Type ­- Automation Testing Market Outlook
• Static Testing
• Dynamic Testing

Services - Automation Testing Market Outlook
• Advisory and Consulting
• Planning and Development
• Support and Maintenance
• Documentation and Training
• Implementation
• Managed Services
• Others

Organization Size - Automation Testing Market Outlook
• Small and Medium-Sized Enterprises
• Large Enterprises

End-use Vertical - Automation Testing Market Outlook
• BFSI
• Automotive
• Defense and Aerospace
• Healthcare and Lifesciences
• Retail
• Telecom and IT
• Manufacturing
• Logistics and Transportation
• Energy and Utilities
• Media and Entertainment
• Other

Region- Automation Testing Market Outlook
• North America
• Europe
• Asia Pacific (APAC)
• South & Central America
• Middle East & Africa

Target audience for the report:
• IT and End User Verticals
• Automotive Industry-related associations, organizations, forums, and alliances
• Government bodies, such as regulating authorities and policy makers
• Venture capitalists, private equity firms, and start-up companies
• Research institutes, organizations, and consulting companies

The Automation Testing Market research report by Business Market Insights includes Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years. This study provides information about the sales and revenue during the historic and forecasted period of 2022 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the Automation Testing market growth.

Automation testing involves two different types of testing, static and dynamic. Automated testing is essential to ensure quality during development cycles. Manual repetition of a test is often time-consuming, and automated software testing can significantly contribute to cost savings by reducing the time to run repetitive tests. Additionally, it can quickly execute thousands of different complex test cases run, offering broad coverage over manual tests. Fast-growing economies of the Asia-Pacific provide a positive outlook for the market players in the forecast period.

The report offers in-depth assessment of the growth and other aspects of the Automation Testing market in important regions. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2022 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.

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Automation Testing Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, during the forecast period of 2022 to 2030.

THE INCREASING ADOPTION OF MOBILE AND WEB-BASED APPLICATIONS IS ONE OF THE MAJOR FACTORS ACCELERATING THE AUTOMATION TESTING MARKET GROWTH.
Smart gadgets and cyberspace have become an integral part of the human population. One of the fastest growing categories in mobile and online commerce is software/app. The availability of smartphones, many internet applications, low data speeds, and greater spending power of the end user contribute to this market growth. End users download applications based on handling and rejection, two factors closely related to application performance. In addition, mobile applications development phase and life cycle are faster than other applications. As a result, mobile app automation testing plays an important role in mobile app lifecycle development. Organizations can increase test productivity, improve regression cases, and reduce time by automating mobile app testing.

Recent strategic developments in the Automation Testing market
The automation testing market has undergone several significant developments, and a few of these have been mentioned below:
• In October 2021, Tricentis launched Tricentis Tosca, an advanced test design and AI automation solution empowered by AI tech that enables companies to meet the demands of the growing popularity of cloud and enterprise application platforms.

Major Key Points of Automation Testing Market
• Automation Testing Market Overview
• Automation Testing Market Competition
• Automation Testing Market, Revenue and Price Trend
• Automation Testing Market Analysis by Application
• Company Profiles and Key Figures in Automation Testing Market
• Market Dynamics
• Methodology and Data Source

Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position is explained to help make a well-informed decision. Competitive landscape Automation Testing market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.

NOTE: Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 analysis of markets and industries. Cordially get in touch for more details.

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