Global Automation Testing Market Top Major Players 2024, Forecast To 2033
14 Feb, 2024
The automation testing market has experienced rapid growth, ascending from $22.28 billion in 2023 to $25.95 billion in 2024, marking a 16.5% CAGR. Historical drivers include the increase in software development, demand for faster time-to-market, growing software application complexity, the need for efficient bug detection and resolution, and the adoption of agile and DevOps practices. Future expectations forecast rapid growth, reaching $49.59 billion in 2028, with a 17.6% CAGR. Anticipated catalysts include the expansion of continuous testing in DevOps pipelines, growth in test automation for mobile and web applications, the adoption of codeless test automation solutions, and increased focus on test data automation.
Global Automation Testing Market Key Driver
The automation testing market is witnessing growth with the increasing demand for the automation of the testing process. Automation testing offers benefits like time savings, accuracy, and continuous feedback. The World Economic Forum's report highlights a 97% acceleration in automation technology adoption globally, emphasizing the rising demand for automation testing.
Get A Free Sample Of The Global Automation Testing Market ReportGlobal Automation Testing Market Segments
The automation testing market covered in this report is segmented –
1) By Component: Testing Type, Services
2) By Type: Functional Testing, Non-Functional Testing
3) By Service: Advisory And Consulting Services, Planning And Development Services, Implementation Services, Managed Services
4) By End-User: IT And Telecommunication, BFSI, Healthcare, Retail, Transportation And Logistics, Avaiation, Hospitality, Government, Energy And Power
By Geography: The regions covered in the template market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North Americawas the largest region in the automation testing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automation testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Automation Testing Industry Players
Accenture plc.; AFour Technologies Pvt Ltd.; Applitools; Astegic Inc.; Broadcom Inc.; Capgemini; Cigniti Technologies Ltd.; Cygnet Infotech Pvt Ltd.; HCL Technologies Limited.; Hexaware Technologies Limited.; Infosys Limited.; International Business Machines Corporation; Keysight Technologies; Mindtree Limited.; NTT DATA Group Corporation.; Parasoft Corporation; Qualitest Group.; Ranorex GmbH.; Sauce Labs Inc.; SmartBear Software; Tata Consultancy Services Limited.; Tech Mahindra Limited.; Tricentis LLC.; Wipro Limited.; Xoriant Solutions Pvt. Ltd.; Zensar Technologies Limited.; Zycus Inc.
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Automation Testing Market Overview
Automation testing refers to a software testing technique that executes a test case suite using special automated testing software tools to cut testing costs, deliver capabilities more quickly, and to improve the software's efficacy, efficiency, and coverage. Automation testing employs an automation tool to execute the test case rather than a human manually executing the suite by following step-by-step instructions.
Automation Testing Global Market Report 2023 provides data on the global automation testing market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The automation testing market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.