Automation Testing Market Insights on Scope and Growing Demands 2029


Posted June 30, 2023 by sswadekar

Automation Testing Market was valued at US$ 17.4 Bn. in 2021 and is expected to reach US$ 57.04 Bn. by 2029, at a CAGR of 16% during a forecast period.
 
Automation Testing Market Overview:

The Automation Testing Market analysis provides a full insight into the competition, including the market share and company profiles of the key worldwide rivals. The scope of the research covers a thorough investigation of the Automation Testing Market, as well as the causes for variances in the industry’s growth in different regions.

The Automation Testing Market was valued at US$ 17.4 Bn. in 2021 and is expected to reach US$ 57.04 Bn. by 2029, at a CAGR of 16% during a forecast period.

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Market Scope:

Following the completion of market engineering, which comprised market statistics calculations, estimations of market size, market projections, market breakdown, and data triangulation, major primary research were conducted to obtain information and verify and validate critical numbers. Top-down and bottom-up strategies, as well as several data triangulation procedures, were often used throughout the market engineering process to perform market estimating and forecasting for the overall market segmen ts and sub-segments discussed in this research. In order to give vital information throughout the report, extensive qualitative and quantitative analysis is done on all data gathered throughout the market engineering process.

Segmentation:

by Testing Type
• Non-functional Testing
• Functional Testing


by Services
• Planning & Development
• Advisory & Consulting
• Implementation
• Support & Maintenance
• Managed
• Documentation & Training
• On-Premises
• Others


by Organization size
• Small & Medium Enterprises
• Large Enterprises


by Endpoint Interface
• Web
• Cloud
• Desktop
• Mobile


by Verticals
• BFSI
• Manufacturing
• Defense & Aerospace
• Retail
• Logistics & Transportation
• Telecom & IT
• Healthcare & Life Sciences
• Automotive
• Others

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Key Players:

Primary and secondary research is used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.

• The biggest players in the Automation Testing Market are as follows:

• IBM
• CA Technologies
• Micro Focus
• Capgemini
• Microsoft
• Tricentis
• Smartbear
• Parasoft
• Cigniti Technologies
• Ranorex
• Testplant
• Sauce Labs
• Applitools
• Afour Technologies
• Invensis Technologies
• QA Mentor
• Testim.Io
• Codoid
• Mobisoft Infotech
• Infostretch
• Thinksys
• Astegic
• Cygnet Infotech
• Qualitykiosk
• Qasource

The table of content for the Automation Testing Market includes the:

1. Global Automation Testing Market: Research Methodology

2. Global Automation Testing Market: Executive Summary

· Market Overview and Definitions

. Introduction to Global Automation Testing Market

· Summary

. Key Findings

. Recommendations for Investors

. Recommendations for Market Leaders

. Recommendations for New Market Entry

3. Global Automation Testing Market: Competitive Analysis

· MMR Competition Matrix

. Market Structure by region

. Competitive Benchmarking of Key Players

· Consolidation in the Market

. M&A by region

· Key Developments by Companies

· Market Drivers

· Market Restraints

· Market Opportunities

· Market Challenges

· Market Dynamics

· PORTERS Five Forces Analysis

· PESTLE

· Regulatory Landscape by region

. North America

. Europe

. Asia Pacific

. Middle East and Africa

. South America

· COVID-19 Impact

4. Global Automation Testing Market Segmentation

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

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

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

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

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

5.Regional Automation Testing Market (2022-2029)

· Regional Automation Testing Market, by Type (2022-2029)

· Regional Automation Testing Market, by Product (2022-2029)

· Regional Automation Testing Market, by Application (2022-2029)

· Regional Automation Testing Market, by End-User (2022-2029)

· Regional Automation Testing Market, by Vertical (2022-2029)

· Regional Automation Testing Market, by Country (2022-2029)

6. Company Profile: Key players

· Company Overview

· Financial Overview

· Global Presence

· Capacity Portfolio

· Business Strategy

· Recent Developments

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Regional Analysis:

Individual market influencing components and changes in market regulations affecting the present and future market trends are also included in the regional overview of the Automation Testing Market analysis. Current and future trends are researched in order to assess the entire market potential and identify profitable patterns in order to get a stronger foothold. The geographical market assessment is based on the present environment and expected developments.

COVID-19 Impact Analysis on Automation Testing Market:

End-user industries where Automation Testing Market is utilized saw a dip in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant decrease in the revenues of businesses working in these industries and, as a result, in demand for Automation Testing Market manufacturers, influencing the development of the Automation Testing Market in 2020. End-user business demand for Automation Testing Market has declined significantly as a result of lockdowns and an increase in COVID-19 events worldwide.

Key Questions Answered in the Automation Testing Market Report are:

In 2021, which segment held the highest proportion of the Automation Testing Market?
What is the Automation Testing Market’s competitive landscape?
What are the primary drivers assisting the Automation Testing Market growth?
Which region has the most market share in the Automation Testing Market?
What will be the Automation Testing Market’s CAGR throughout the projected period?
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Tags automation testing market
Last Updated June 30, 2023