Know More About “Automation Testing Market 2023-2030” Growth Worldwide…..|Grand View Research, Inc.

Posted by Mrudula Anil Karmarkar on April 19th, 2024

San Francisco, 19 April 2024: The ReportAutomation Testing Market Size, Share & Trends Analysis Report By Component (Testing Type, Service), By Vertical (Healthcare, BFSI), By Organization Size (Large Enterprises, SMEs), By Region, And Segment Forecasts, 2023 - 2030

The global automation testing market size is expected to reach USD 92.45 billion by 2030, growing at a CAGR of 17.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. Prominent technological advancement in artificial intelligence (AI) and machine learning (ML) is propelling the demand for the market. Mobile application usage is growing across various end-user industries, and smartphone penetration is rising, opening an attractive potential for market expansion. Furthermore, there is a rising demand for automation testing as web-based applications have developed significantly and new software technologies have emerged. The market is growing rapidly due to the increasing usage of ML and AI for advanced analytics and continuous testing across DevOps and DevSecOps areas.

The emerging use of RPA to automate time-consuming, error-prone manual processes are just a few instances of the usage of AI & ML in automation testing. Moreover, a bot uses the page’s numerous links and web forms to systematically explore through an online application when web crawling or spidering. This is a new use for AI and ML in automation testing. This approach is typically used for indexing online browsing. It may be improved further to perform reverse engineering on an application being tested and automatically find Test Cases. Emerging automation testing tools are significantly fueling market growth.

For instance, Testcraft, a codeless Selenium test automation platform for regression and continuous testing, as well as monitoring of web applications, is gaining traction among users. Their revolutionary AI tech removes maintenance time and cost, as it certainly affects changes in the app. Similarly, Applitools Eyes, Testim, and Test.ai are more automation testing tools propelling the market growth. Furthermore, mergers and acquisitions by other key players are propelling market growth. For instance, in 2022, to improve the user experience on 5G smartphones, Key sight introduced AI-driven and automated testing. Automation and AI enable mobile service providers and app developers to more swiftly evaluate how smartphone users engage with native apps in the real world.

Businesses' growing readiness to use advanced automation testing techniques like DevOps and Agile methodologies propels the market's growth. By lowering the time, it takes to automate analysis, these strategies help businesses accelerate the commercialization of their software products. Due to most businesses relying on mobile applications, the rapid digitalization of end-user industries creates an urgent need for automation testing. Furthermore, the industry is expanding due to the evolving nature of work arrangements.

Request sample report of Automation Testing Market@https://www.grandviewresearch.com/industry-analysis/automation-testing-market-report/request/rs1

Businesses' growing readiness to use advanced automation testing techniques like DevOps and Agile methodologies propels the market's growth. By lowering the time, it takes to automate analysis, these strategies help businesses accelerate the commercialization of their software products. Due to most businesses relying on mobile applications, the rapid digitalization of end-user industries creates an urgent need for automation testing. Furthermore, the industry is expanding due to the evolving nature of work arrangements.

Automation Testing Market Report Highlights

  • The services segment dominated the market and accounted for over 56% of the global revenue owing to rapid advancements in implementation services, which make it easier to include automation into a functioning infrastructure for software testing
  • With the aid of this service, automation is integrated into an existing software automation testing setup
  • The large enterprises segment held the largest revenue share in 2022 as it helps improve efficiency, reduce manual effort, increase test coverage, and ensure the quality of software applications
  • The BFSI segment is estimated to have significant growth over the forecast period; adopting digitalization in the BFSI sector creates a significant demand for application software automation testing

Artificial intelligence (AI) and machine learning (ML) have further accelerated the shift toward automation testing. Since AI shortens the test lifecycle, automation testing is becoming more common in the testing industry. It is used in every type of testing, including functional, regression, performance, and automation. The emerging adoption of cloud-based automation tools is propelling market growth. Since they are affordable, flexible, and scalable, cloud-based automation systems are preferred by SMEs and startups. Moreover, cloud-based automation testing solutions are also being greatly simplified by incorporating ML & AI, which is anticipated to support market growth.

The service segment led the market and accounted for a revenue share of over 56% in 2022. Based on service, the market is segmented into planning & development, advisory & consulting Services, managed services, implementation services, and others. The implementation services segment accounted for a sizeable market share. Implementation services make it easier to include automation into a functioning infrastructure for software testing. With the aid of this service, automation is simply integrated into an existing software automation testing setup. Numerous hardware components must be connected to the solutions to properly integrate automated analysis solutions, and the system's overall functionality must be evaluated. The testing type segment is expected to register the highest CAGR of over 18% from 2023 to 2030.

Automation Testing Market Report Scope

Report Attribute

Details

Market size value in 2023

USD 30.24 billion

Revenue forecast in 2030

USD 92.45 billion

Growth rate

CAGR of 17.3% from 2023 to 2030

Base year for estimation

2022

Historical data

2017 - 2021

Forecast period

2023 - 2030

The testing type segment is further categorized into static and dynamic testing. Static testing is software testing that looks for program bugs without running the code. Before the deployment of the code, it is carried out at the first stage of the SDLC. Static testing utilizes various methods, including technical reviews, structured walkthroughs, and software inspection. Static analysis and review are used in static testing. Static review is usually conducted to discover and remove errors and ambiguities in supporting documents. Software requirements specifications, designs, and test cases are among the documents analyzed. Static analysis is the following stage, in which the developer's code is examined. The assessment is performed to identify any structural issues that could result in mistakes whenever the code is executed.

List of Key Players in the Automation Testing Market

  • IBM Corp.
  • Apexon
  • Accenture
  • Cigniti Technologies
  • Capgemini SE
  • Microsoft Corp.
  • Tricentis
  • Keysight technologies
  • Sauce Labs
  • Parasoft

Like it? Share it!


Mrudula Anil Karmarkar

About the Author

Mrudula Anil Karmarkar
Joined: July 2nd, 2020
Articles Posted: 1,902

More by this author