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Cloud Computing Drives Growth Of AI-Enabled Testing Market: Powering Innovation and Expansion in the Global Artificial Intelligence (AI) Enabled Testing Market by 2025
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Artificial Intelligence (AI) Enabled Testing Market Through 2025?
The market size of AI-powered testing has seen a dramatic increase in the last few years. Predicted growth showcases a rise from $0.7 billion in 2024, all the way to $0.85 billion in 2025, with a CAGR of 21.4%. The surge during the historic period is related to the high demand for accelerated software development, the intricacy of software systems, the migration towards agile and DevOps methodologies, the requirement for better test coverage and precision, and the urgency to curtail testing expenses.
What's the Projected Size of the Global Artificial Intelligence (AI) Enabled Testing Market by 2029?
The market size of AI-powered testing is predicted to surge substantially in the following years, culminating in a worth of $1.77 billion by 2029, with a CAGR of 20.1%. Factors such as the introduction of AI-infused test analytics tools, the fusion of AI with examination management instruments, the enhancement of AI functionalities in nonstop testing channels, the need for AI-controlled security testing offerings, and the dispersion of AI-centric testing in IoT and built-in systems can be attributed to this expected growth in the forecast period. Major trends predicted for this period include the implementation of AI-led test production and execution, the uprising of AI-centric autonomous testing agents, the development of AI-enabled predictive testing architectures, the amalgam of AI with blockchain testing structures, and the broadening of AI-regulated testing to edge computing backgrounds.
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Top Growth Drivers in the Artificial Intelligence (AI) Enabled Testing Industry: What's Accelerating the Market?
As cloud computing ascends, it is anticipated to fuel the progress of the artificial intelligence (AI)-enabled testing market. Cloud computing denotes the provision of computing services, encompassing servers, storage, databases, networking, software, and analytics, via the Internet. This enables rapid innovation, adaptable resources, and scale economies. The popularity of cloud computing stems from it affording scalability, cost efficiency and accessibility, allowing companies to optimise operations, increase flexibility, and capitalise on cutting-edge technologies without the necessity for significant infrastructure investment. Through generating practical insights from testing data, AI-fuelled testing aids stakeholders in making enlightened choices regarding the quality and readiness of software for launch. For example, Eurostat, a Luxembourg-based governmental organisation serving as the European Union's statistical office, stated in December 2023 that the adoption of cloud computing services amongst medium-sized firms swelled to 59% in 2022 from 53% in 2021. Therefore, the burgeoning growth of cloud computing is fuelling the development of the artificial intelligence (AI)-enabled testing market.
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What Trends Will Shape the Artificial Intelligence (AI) Enabled Testing Market Through 2029 and Beyond?
Key players in the AI-enabled testing market are innovating and evolving their product range with enhanced solutions like application security testing to stay ahead in the competition. These application security testing tools actively detect and rectify security weak points in software applications, minimizing the chances of security violations and safeguarding crucial data against unauthorized access or misuse. For example, in April 2024, Invicti, a firm based in the US specialized in web application security, unveiled an AI-powered Predictive Risk Scoring feature. Through this feature, applications are assigned anticipated risk levels, enabling organizations to strategically comprehend the security risk. This novel feature restructures the application security testing procedure to outline and compute a risk score for all identified web applications prior to the start of scanning, without the need for scanning resources or any customer data to determine the risk score.
What Are the Main Segments in the Artificial Intelligence (AI) Enabled Testing Market?
The artificial intelligence (ai) enabled testingmarket 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: Healthcare, 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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Which Top Companies are Driving Growth 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 Regions Will Dominate the Artificial Intelligence (AI) Enabled Testing Market Through 2029?
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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