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Automation Testing Market Size To Touch USD 55.9 Billion By 2028

03-24-2023 08:49 AM CET | IT, New Media & Software

Press release from: Markets N Research

Automation Testing Market Size To Touch USD 55.9 Billion By 2028

The automation testing market is projected to grow at a CAGR of 18.50%, with estimated market size of USD 20.2 billion in 2021 to USD 55.9 billion by 2028. An increase in the use of this methodology, in addition to the agile development environment for quality assurance and testing, the digitalization of developing economies, the consumption of mobile-based applications, and the production of automobiles, among other significant factors, are all significantly boosting the market for automation testing. In addition, the future will provide new opportunities for the automation testing market due to the increased demand for mobile-based apps, technical advancements, modernization of production techniques, and increased R&D activities.

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Automation Testing Market Dynamics

Drivers: Growing adoption of cloud-based automation testing tools

One of the key factors driving the market for automation tools is the increasing acceptance of cloud-based automation technologies. Because cloud-based automation solutions are affordable, flexible, and scalable, SMEs and startups are adopting them in large numbers. In addition, the use of cloud-based automation testing tools is being greatly simplified by the integration of machine learning and artificial intelligence, which is also expected to support market growth throughout the forecast period.

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Restraints: Lack of initial investment

The expansion of the automation testing market is expected to be significantly hindered by the lack of requisite skills in the development teams to manage the automation testing tools for defining the proper framework and scope of automation. In addition, the initial cost of the infrastructure, license fees, and operating expenses associated with maintaining the hardware are expected to limit market expansion. However, migrating to SaaS, IaaS, PaaS, and other cloud-based services is expected to mitigate the difficulty over the projection period.

Key Market Players

The automation testing market is dominated by a few global players and comprises several regional players. Some key manufacturers operating in the market are IBM, CA Technologies, Micro Focus, Capgemini, Microsoft, Tricentis, Smartbear, Parasoft, Cigniti Technologies, Ranorex, Testplant, Sauce Labs, Applitools, Afour Technologies, Invensis Technologies, QA Mentor, Testim.Io, Codoid, Mobisoft Infotech, Infostretch, Thinksys, Astegic, Cygnet Infotech, Qualitykiosk and Qasource.

Segmentation of Global Automation Testing Market-

Global Automation Testing Market - By Testing Type

Non-functional Testing
Functional Testing

Global Automation Testing Market - By Service

Planning & Development
Advisory & Consulting
Support & Maintenance
Documentation & Training

Global Automation Testing Market - By Organization Size

Small & Medium Enterprises
Large Enterprises
Global Automation Testing Market - By Endpoint Interface

Global Automation Testing Market - By Verticals

Defence & Aerospace
Logistics & Transportation
Telecom & IT
Healthcare & Life Sciences

๐‘๐ž๐š๐ ๐Œ๐จ๐ซ๐ž ๐๐ž๐ฐ๐ฌ :

About Us
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