The AI-enabled testing market was valued at USD 426.1 million globally in 2023 and is expected to reach USD 2 billion by 2033, growing at a compound annual growth rate (CAGR) of 16.9%. The market is expanding due to the growing demand for AI and ML applications as well as IoT across most industries.
By utilizing AI algorithms, machine learning models, and advanced analytics, artificial intelligence (AI) enabled testing refers to the incorporation of AI technologies into software testing processes to improve efficiency and accuracy. AI enabled testing automates tasks such as test case integration, execution, analysis, and reporting, allowing organizations to optimize their testing efforts with less manual labor and more effectively uncover defects, ultimately improving software quality and speeding up time to market.
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GROWTH DRIVERS
The market for AI-enabled testing is expanding significantly due to a number of factors. The first is the telecommunications industry, which is driving demand for operational networks and efficient customer services. The goal of the organizations is to provide high-quality goods and services with few errors or defects. AI-enabled testing solutions have changed the game by performing thorough tests more quickly and accurately.
AI-based testing makes sure that complex systems, such as smart systems or linked devices that rely on edge computing and the Internet of Things, operate without a hitch in a variety of scenarios. Rapid technical improvement and evolving consumer tastes are driving innovation in AI-based testing. For example, the emergence of big data analytics, cloud computing, and machine learning (ML) has made it possible for AI-based testing platforms to include features like intelligent test prioritization and support for continuous integration.
MARKET SEGMENTATION:
· By Component –
• Software
• Services
· By Technology –
• ML and Pattern Recognition
• NLP and computer vison
• image processing
· By Application –
• Web-based
• mobile based
· By Industry –
• Healthcare
• IT and Telecommunication
• Energy and Utilities
• BFSI
• Government
• others
· By Region –
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Global Key Players:
· Sauce Labs Inc.
· ReTest GmbH
· Diffblue
· Functionize
· TestRigor
· Applitools
· Perforce Software
· Mabl
· IBM
· Capgemini
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