Press release
Artificial Intelligence (AI) Enabled Testing Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth
Artificial Intelligence (AI) Enabled Testing Market Size
How Large Will the Artificial Intelligence (AI) Enabled Testing Market Size By 2025?
The market size for AI-powered testing has seen an incredible surge in growth in the last few years. Projections indicate that the market which was valued at $0.7 billion in 2024, will escalate to $0.86 billion in 2025 with a CAGR of 22.3%. The phenomenal growth rate recorded during the historic period is due to various factors including the necessity for quickened software development, intricate software systems, adoption of agile and DevOps strategies, the demand for improved test coverage and precision, and the ongoing pressures to lower the costs associated with testing.
How Big Is the Artificial Intelligence (AI) Enabled Testing Market Size Expected to Grow by 2029?
The market for testing enabled by artificial intelligence (AI) is projected to experience extensive growth in the foroming years, reaching a value of $1.9 billion in 2029 with a compound annual growth rate (CAGR) of 22.0%. This growth during the predicted period can be credited to the development of AI-enabled testing analytics platforms, the union of AI with testing management tools, the enhancement of AI features in constant testing processes, the need for security testing solutions powered by AI, and the widespread use of AI-driven testing in IoT and embedded systems. Key trends during this forecasted period encompass the implementation of testing generation and execution powered by AI, the surge of AI-native autonomous testing agents, the development of predictive testing models enabled by AI, the fusion of AI with blockchain testing structures, and the propagation of AI-powered testing in edge computing scenarios.
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Which Key Market Drivers Powering Artificial Intelligence (AI) Enabled Testing Market Expansion and Growth?
The anticipated growth of the artificial intelligence (AI)-enabled testing market is linked to the increasing prevalence of cloud computing. Cloud computing provides services such as servers, storage, databases, networking, analytics, and software over the Internet, encouraging rapid innovation, flexible resource utilization, and significant economies of scale. Its scalability, cost-effectiveness, and accessibility functions have empowered enterprises to enhance their operational efficiency, increase flexibility, and adopt cutting-edge technologies without the need for massive infrastructure investments. AI-driven testing uses testing data to offer valuable insights, enabling stakeholders to make well-informed decisions regarding software quality and readiness for deployment. As an example, Eurostat, the Luxembourg-based governmental organization of the European Union functioning as the statistical office, reported in December 2023 that the cloud computing services adoption rate within medium-sized businesses hit 59% in 2022, up from 53% in 2021. Hence, the growing prevalence of cloud computing is a key factor propelling the AI-enabled testing market's expansion.
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Which Fast-Growing Trends Are Poised to Disrupt the Artificial Intelligence (AI) Enabled Testing Market?
Leading firms in the AI-enabled testing marketplace are creating superior testing technologies such as application security testing tools to outperform their competitors. These tools assist enterprises in actively detecting and mitigating security flaws in their software applications which lessens the chance of security infringements and safeguards valuable data against unsanctioned access or misuse. To illustrate, in April 2024, Invicti, an American web application security business, introduced an AI-driven Predictive Risk Scoring feature. This function assigns estimated risk degrees to applications, allowing enterprises to obtain a calculated insight into their security threat. This newly introduced feature redesigns the application security testing procedure by profiling and determining a risk score for all found web applications before the commencement of scanning, eliminating the need for scanning resources or customer data for risk score evaluation.
What Are the Emerging Segments in the Artificial Intelligence (AI) Enabled Testing Market?
The artificial intelligence (AI) enabled testing market covered in this report is segmented -
1) By Component: Software, Service
2) By Deployment: On-Premises, Cloud
3) By Technology: Machine Learning And Pattern Recognition, Natural Language Processing (NLP), Computer Vision And Image Processing
4) By Application: Test Automation, Infrastructure Optimization, Other Applications
5) By End User Industry: Healare, Information Technology And Telecommunication, Energy And Utilities, Banking, Financial Services, And Insurance (BFSI), Government, Other End User Industries
Subsegments:
1) By Software: AI-Powered Testing Tools, Automated Testing Solutions, Performance Testing Software, Functional Testing Software
2) By Service: AI Testing As A Service (TaaS), Consulting Services, Managed Services, Support And Maintenance Services
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Who Are the Global Leaders in the Artificial Intelligence (AI) Enabled Testing Market?
Major companies operating in the artificial intelligence (AI) enabled testing market report are Amazon.com Inc.; Google LLC; Microsoft Corporation; Dell Technologies Inc.; Siemens AG; International Business Machines Corporation (IBM); Cisco Systems Inc.; Oracle Corporation; Broadcom Inc.; SAP SE; Hewlett Packard Enterprise Company; Salesforce.com Inc.; Adobe Inc.; VMware Inc.; ServiceNow Inc.; Autodesk Inc.; Red Hat Inc.; Twilio Inc.; Citrix Systems Inc.; Atlassian Corporation Plc; RingCentral Inc.; GitHub Inc.; Slack Technologies Inc.; Sonatype Inc.; CA Technologies Inc.
Which are the Top Profitable Regional Markets for the Artificial Intelligence (AI) Enabled Testing Industry?
North America was the largest region in the artificial intelligence (AI)-enabled testing in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (AI) enabled testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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