According to The Business Research Company’s Automation Testing , The automation testing market size has grown rapidly in recent years. It will grow from <b>$22.28 billion in 2023 to $25.95 billion in 2024 at a compound annual growth rate (CAGR) of 16.5%. </b> The growth in the historic period can be attributed to increase in software development and releases, demand for faster time-to-market, growing complexity of software applications, need for efficient bug detection and resolution, adoption of agile and devops practices.
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The automation testing market size is expected to see rapid growth in the next few years. It will grow to <b>$49.59 billion in 2028 at a compound annual growth rate (CAGR) of 17.6%. </b> The growth in the forecast period can be attributed to expansion of continuous testing in devops pipelines, growth in test automation for mobile and web applications, adoption of codeless test automation solutions, increased focus on test data automation. Major trends in the forecast period include shift-left testing for early bug detection, containerization for scalable test environments, test automation in microservices architecture, adoption of behavior-driven development (bdd) in testing, use of robotic process automation (rpa) for test automation.The growth in the demand for automation of the testing process is expected to propel the development of the automation testing market. Automation testing provides many benefits like completing routine tasks, quickly discovering faults, accuracy, and continuous feedback, which saves time and personnel and will lead to lower software testing costs. These benefits are prompting businesses to adopt automation testing for their software. Furthermore, digitalization and automation tools assist in lowering the reliance on labor. This enables to automate business processes and create new digitalized testing models by leveraging web-based solutions and cutting-edge technologies such as blockchain, IoT, 5G, cloud computing, robots, AI, and d+B23ata science. For Instance, In December 2021, according to a report on the digitalization of SMEs published by the World Economic Forum, a Switzerland-based non-governmental and lobbying organization indicates that 97% of global companies have accelerated automation technology adoption, including SMEs representing more than 90% across the globe. Therefore, an increase in the demand for automation of the testing process will drive the automation testing market growth.
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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 PowerThe rapid adoption of advanced technologies is the key trend gaining popularity in the automation testing market. The advantage of advanced automation testing is that it can help reduce time-to-market and launch a bug-free product by handling repetitive tasks with fewer resources, maximizing return on Investment for businesses. It provides better insights than manual testing when some tests fail. Major companies operating in the automation testing market are employing advanced technologies like Artificial Intelligence (AI) and Machine Learning (ML) to reduce the complexity and enhance the usability of their automation testing services. For instance, in June 2023,
TestGrid, a US-based end-to-end automation cloud and on-premise testing solution company, introduced an innovative AI-based testing platform that makes it easy for users to create test cases in English, behavior-driven development (BDD), and comma-separated values (CSV) formats. This means users can automate tests without having to write complex scripts. The platform also supports testing on over 1000 real devices, various web browsers, and operating systems. It’s a game-changer for simplifying the testing process and ensuring software works smoothly.
The automation testing market report table of contents includes:
- Executive Summary
- Automation Testing Market Characteristics
- Automation Testing Market Trends And Strategies
- Automation Testing Market – Macro Economic Scenario
- Global Automation Testing Market Size and Growth
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- Global Automation Testing Market Competitive Benchmarking
- Global Automation Testing Market Competitive Dashboard
- Key Mergers And Acquisitions In The Automation Testing Market
- Automation Testing Market Future Outlook and Potential Analysis
- Appendix
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