Automation Testing Market Revenue and Price Trends by Regions, Global Industry Size, Growth Strategies, and Challenges Forecast to 2029


Posted February 15, 2024 by Shitalmax

The automation testing market was estimated to be worth US$ 20.18 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 16% to reach US$ 57.04 billion by 2029.

 
Automation Testing Market Overview:

This study aims to give a comprehensive analysis of the Automation Testing market by geography, industry, and segments. The report offers comprehensive details on the key elements driving the expansion of the Automation Testing sector. The value chain of the market is also thoroughly examined in this report.

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Market Scope:

The first step in the research process used to evaluate and forecast the Automation Testing market is obtaining revenue information from important suppliers using secondary research sources. Vendor offerings are taken into account while developing market segmentation. The income of large firms was used to estimate the overall size of the Automation Testing market using the bottom-up methodology.

Dynamics:

Because automation testing makes it possible to execute many tests quickly and with few resources, it results in software that is of a higher caliber. The global automation testing market is expanding due to additional advantages of automation testing, including time savings, transparency, speed, and efficacy. A thorough examination of the market is provided by the Global Automation Testing Market report. On the basis of technologies like AI, IoT, and DevOps, the global market for automation testing is split into three segments. It is anticipated that artificial intelligence (AI) will make up a sizeable chunk of the automated testing market because it can learn from a variety of user flows and create test cases based on real user data.

Segmentation:

Based on the kind of test, the Automation Testing Market is divided into segments. These comprise kits for testing for infectious illnesses, pregnancy, cholesterol, drugs of abuse, glucose, coagulation monitoring, and others. The global market was dominated by the glucose test kits category in 2021, and this trend is anticipated to hold true for the duration of the forecast period. The market for at-home testing is expanding as a result of the increased prevalence of diabetes boosting demand for portable glucose test kits.

There are projected to be 537 million adults with diabetes worldwide in 2021; by 2030, this figure is predicted to rise to 643 million.


by Testing Type

Non-functional Testing
Functional Testing

by Services

Planning & Development
Advisory & Consulting
Implementation
Support & Maintenance
Managed
Documentation & Training
On-Premises
Others

by Organization size

Small & Medium Enterprises
Large Enterprises

by Endpoint Interface

Web
Cloud
Desktop
Mobile

by Verticals

BFSI
Manufacturing
Defense & Aerospace
Retail
Logistics & Transportation
Telecom & IT
Healthcare & Life Sciences
Automotive

Browse Full Report & TOC :https://www.maximizemarketresearch.com/market-report/global-automation-testing-market/3763/

Key Players: the key players are:

1. Automation Testing Market
2. IBM
3. CA Technologies
4. Micro Focus
5. Capgemini
6. Microsoft
7. Tricentis
8. Smartbear
9. Parasoft
10. Cigniti Technologies
11. Ranorex
12. Testplant
13. Sauce Labs
14. Applitools
15. Afour Technologies
16. Invensis Technologies
17. QA Mentor
18. Testim.Io
19. Codoid
20. Mobisoft Infotech
21. Infostretch
22. Thinksys
23. Astegic
24. Cygnet Infotech
25. Qualitykiosk
26. Qasource

Regional Analysis:

Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.

A detailed Market Overview

Market Share, Size & Forecast by Revenue | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by segments and sub-segments
Regional Insights
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
About Maximize Market Research

Key Questions Answered in the Automation Testing Market Report are:

Which market segment held the biggest share in Automation Testing?
How is the Automation Testing market's competitive environment?
Which are the main elements influencing the growth of the Automation Testing market?
Which area of the Automation Testing market has the most share?
What will the Automation Testing market's compound annual growth rate be between 2023 and 2029?

Key Offerings:

Historical Market Size and Competitive Environment (2021–2023)
Historical pricing and regional price curves (2021–2023)
The market's size, share, size, and forecast for each segment from 2023 to 2029

Market Dynamics: Regional Growth Drivers, Opportunities, Barriers, and Important Trends
Market segmentation: a thorough examination of each segment, along with its sub-segments, by region
Competitive Landscape: Strategically oriented profiles of a few major companies broken down by area
Market leaders, market followers, and regional players make up the competitive landscape.
Comparative analysis of major players by geographical area
PESTLE Evaluation
PORTER's evaluation
Analysis of supply chains and value chains
Regional Legal Aspects of Business
profitable business prospects using SWOT analysis
Advice

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Issued By MMR
Country India
Categories Technology
Tags automation testing market industry automation testing market size automation testing market share automation testing market growth automation testing
Last Updated February 15, 2024