Press release
Automation Testing Market is expected to reach USD 49.9 billion by 2026
Automation testing Market by Component (Testing Types [Static Testing and Dynamic Testing] and Services), Endpoint Interface (Mobile, Web, Desktop, and Embedded Software), Organization Size, Vertical, and Region - Global Forecast to 2026
The global automation testing market is expected to grow from USD 20.7 billion in 2021 to USD 49.9 billion by 2026 at a Compound Annual Growth Rate (CAGR) of 19.2% during the forecast period.
Get Sample Of Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=113583451
Advisory and Consulting services segment to have the second largest market share during the forecast period
Advisory and Consulting services are provided to support the mission and overcome weaknesses of an organization in specific areas like legal, business, and finance. Advisory services are the key to helping achieve business success. Advisory and consulting services are mainly offered to help clients achieve their vision and create strategies accordingly. The main aim of these services is to help organizations go through a digital transformation where testing of various aspects of the business is required. There is an increasing demand for high-quality products, and enterprises need to focus more on their software and applications' quality assurance. Testing and quality assurance functions must operate at peak efficiency to meet market demand for products. These services' main functionalities concerning automation testing are assessment of current testing processes, audit test artifacts, consolidation of test capabilities, assets, operations, tools, infrastructure, test management, reporting, implementation plan, and gap analysis.
The web Endpoint Interface segment is expected to have the second-largest market share during the forecast period
Enterprises and companies depend on web applications for their endpoint devices, mobile and tablets. On the other hand, companies are also finding more ways to make their websites user-friendly for the feasibility and satisfaction of the customer, which results in increasing dependency on web applications. With growing and changing circumstances in the market, the customer's assumptions or expectations keep changing, which increases the need to upgrade web applications frequently. The automation regression suite significantly reduces reliance on time-consuming processes and the cost of employing expensive system tests. This helps companies achieve quality results with reduced time and cost. Automation testing mitigates the bulk of tedious and monotonous manual work and allows companies to be competitive. Moreover, automation testing does not eliminate manual testing, but it involves manual testing tasks, which results in the accuracy and efficiency of web-based applications. Thus, these types of tests are prioritized over manual testing.
North America region to record the highest market share in the automation testing market
North America has witnessed significant growth in the automation testing market, leading the market in market share. North America has seen an increase in the number of IoT devices and apps in the region, with companies and developers focusing on performance testing. It is regarded as the most advanced region regarding information technology, security adoption, and infrastructure. The continuous need for digital transformation across verticals and the growing integration of different technologies, such as AI, ML, IoT, and analytics, have impacted the region and increased the demand for automation. Organizations have increased demand for cloud-based applications, technologies, and platforms. The increased demand for remote work has further increased the demand in the region. In June 2020, Keysight Technologies Inc acquired Eggplant, a platform for testing software automation that uses AI and analytics to automate test creation and execution. The rising penetration of IoT technology in the region will further amplify home automation devices which are expected to make North America the most lucrative market.
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/automation-testing-market-113583451.html
Top key Players
Key and innovative vendors in the automation testing market are AFour Technologies (US), Applitools (US), Astegic (US), Broadcom (US), Capgemini (France), Cigniti Technologies (India), Codoid (India), Cygnet Infotech (India), froglogic (Germany), IBM (US), Infostrecth (US), Invensis (India), Keysight Technologies (US), Micro Focus (UK), Microsoft (US), Mobisoft Infotech (US), Parasoft (US), ProdPerfect (US), QA Mentor (US), QA Source (US), QualityKiosk Technologies (India), Ranorex (Austria), Sauce Labs (US), Smartbear Software (US), Testim.io (US), Thinksys (US), Tricentis (US), Worksoft (US).
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: sales@marketsandmarkets.com
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
The global automation testing market is expected to grow from USD 20.7 billion in 2021 to USD 49.9 billion by 2026 at a Compound Annual Growth Rate (CAGR) of 19.2% during the forecast period.
Get Sample Of Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=113583451
Advisory and Consulting services segment to have the second largest market share during the forecast period
Advisory and Consulting services are provided to support the mission and overcome weaknesses of an organization in specific areas like legal, business, and finance. Advisory services are the key to helping achieve business success. Advisory and consulting services are mainly offered to help clients achieve their vision and create strategies accordingly. The main aim of these services is to help organizations go through a digital transformation where testing of various aspects of the business is required. There is an increasing demand for high-quality products, and enterprises need to focus more on their software and applications' quality assurance. Testing and quality assurance functions must operate at peak efficiency to meet market demand for products. These services' main functionalities concerning automation testing are assessment of current testing processes, audit test artifacts, consolidation of test capabilities, assets, operations, tools, infrastructure, test management, reporting, implementation plan, and gap analysis.
The web Endpoint Interface segment is expected to have the second-largest market share during the forecast period
Enterprises and companies depend on web applications for their endpoint devices, mobile and tablets. On the other hand, companies are also finding more ways to make their websites user-friendly for the feasibility and satisfaction of the customer, which results in increasing dependency on web applications. With growing and changing circumstances in the market, the customer's assumptions or expectations keep changing, which increases the need to upgrade web applications frequently. The automation regression suite significantly reduces reliance on time-consuming processes and the cost of employing expensive system tests. This helps companies achieve quality results with reduced time and cost. Automation testing mitigates the bulk of tedious and monotonous manual work and allows companies to be competitive. Moreover, automation testing does not eliminate manual testing, but it involves manual testing tasks, which results in the accuracy and efficiency of web-based applications. Thus, these types of tests are prioritized over manual testing.
North America region to record the highest market share in the automation testing market
North America has witnessed significant growth in the automation testing market, leading the market in market share. North America has seen an increase in the number of IoT devices and apps in the region, with companies and developers focusing on performance testing. It is regarded as the most advanced region regarding information technology, security adoption, and infrastructure. The continuous need for digital transformation across verticals and the growing integration of different technologies, such as AI, ML, IoT, and analytics, have impacted the region and increased the demand for automation. Organizations have increased demand for cloud-based applications, technologies, and platforms. The increased demand for remote work has further increased the demand in the region. In June 2020, Keysight Technologies Inc acquired Eggplant, a platform for testing software automation that uses AI and analytics to automate test creation and execution. The rising penetration of IoT technology in the region will further amplify home automation devices which are expected to make North America the most lucrative market.
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/automation-testing-market-113583451.html
Top key Players
Key and innovative vendors in the automation testing market are AFour Technologies (US), Applitools (US), Astegic (US), Broadcom (US), Capgemini (France), Cigniti Technologies (India), Codoid (India), Cygnet Infotech (India), froglogic (Germany), IBM (US), Infostrecth (US), Invensis (India), Keysight Technologies (US), Micro Focus (UK), Microsoft (US), Mobisoft Infotech (US), Parasoft (US), ProdPerfect (US), QA Mentor (US), QA Source (US), QualityKiosk Technologies (India), Ranorex (Austria), Sauce Labs (US), Smartbear Software (US), Testim.io (US), Thinksys (US), Tricentis (US), Worksoft (US).
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: sales@marketsandmarkets.com
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
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