Automation Testing Market To See Worldwide Massive Growth, COVID-19 Impact Analysis, Industry Trends, Forecast 2029

Automation Testing Market was valued at US$ 20.18 Bn. in 2022 and is expected to reach US$ 57.04 Bn. by 2029, at a CAGR of 16% during a forecast period.

 

Automation Testing Market Overview:

Automation Testing Market Research Report analyzed the current state in the definitions, classifications, applications, and industry chain structure. The analysis provides unbiased professional commentary on the present market scenario, prior market performance, production and consumption rates, demand and supply ratios, and income generation forecasts for the projected period. The Automation Testing market study also gives information on the leading businesses functioning in the Automation Testing industry's strategic ambitions and company growth strategies. Mergers and acquisitions, government and corporate transactions, partnerships and collaborations, joint ventures, brand promotions, and product launches are among the methods evaluated in the research. To summarise what has been said thus far, the report provides a comprehensive picture of the Automation Testing market in both global and regional markets.

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COVID-19 Impact on Automation Testing market:

The COVID-19 pandemic has had a severe influence on the worldwide Automation Testing business. Automation Testing production facilities have been suspended due to global downturn and personnel scarcity. The COVID-19 pandemic has resulted in a severe and prolonged decline in production utilization, and travel bans and facility closures have kept employees away from their facilities, resulting in a slowdown in the growth of the Automation Testing market in 2020. However, the negative impact of COVID-19 on the Automation Testing market is projected to be temporary, and the industry is predicted to rebound rapidly by early 2021, owing to the high demand for smart sensor installation.

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Regional Analysis:

The report's region section also includes specific market affecting elements and changes in market regulation that affect the market's present and future developments. Some of the primary indicators utilized to estimate the market scenario for different regions include new sales, replacement sales, national demographics, regulatory acts, and import-export tariffs. In addition, the existence and availability of global brands, as well as the obstacles they face owing to big or scarce competition from local and domestic brands, as well as the influence of sales channels, are taken into account when offering forecast analysis of national data.

Segmentation:

In 2022, the cloud sub-segment had the biggest market share as measured by the endpoint interface. The benefits of cloud-based automated testing include its capacity for parallel execution, cross-browser testing, decreased infrastructure expenses, and enhanced scalability. The centralised design of the cloud interface makes it reliable platform for end-to-end automation testing, Continuous Delivery (CD), and Continuous Integration (CI), all of which will promote market expansion. Solutions for cloud automation can reduce the cost of IT infrastructure for people. Businesses only pay for the cloud resources they actually use. There is no need for unused infrastructure because removing resources is low-friction process. The market's players are concentrating on fusing cutting-edge technologies like AI and machine learning in order to create highly advanced cloud-based test automation solutions.

4.1. Global Automation Testing Market, by Testing Type (2022-2029)

Non-functional Testing
Functional Testing

4.2. Global Automation Testing Market, by Services (2022-2029)

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

4.3. Global Automation Testing Market, by Organization size (2022-2029)

Small Medium Enterprises
Large Enterprises

4.4. Global Automation Testing Market, by Endpoint Interface (2022-2029)

Web
Cloud
Desktop
Mobile

4.5. Global Automation Testing Market, by Verticals (2022-2029)

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

Key players:

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

The study gives a complete assessment of the presence of the Automation Testing market in various areas and countries. Through a deep geographical assessment of the industry, the research analyst seeks to find hidden development prospects that may be used by companies in various regions of the world. The worldwide Automation Testing Market research gives precise knowledge that prepares market players to compete successfully with their largest competitors based on growth, sales, and other critical factors. Significant market features such as market drivers and barriers are separated from important development prospects and industry trends in the research study.

Global Automation Testing Market research report offers:

The research contains a wealth of information, including market dynamics, scenarios, and prospects for the projection period.
Quantitative, qualitative, value (USD Million), and volume (Units Million) statistics are included in segments and sub-segments.
Data at the regional, sub-regional, and country levels contain demand and supply dynamics, as well as their impact on the market.
In the year 2020, the competitive landscape has included a share of significant companies, new advances, and tactics.
These players provide comprehensive goods, important financial information, latest advancements, SWOT analysis, and strategies.

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