Selbyville, Delaware, Nov. 02, 2022 (GLOBE NEWSWIRE) —
The Automation Testing Market Is Expected To Reach USD 80 Billion By 2032, As Reported In A research study by Global Market Insights Inc. The increasing use of Agile and DevOps models by large organizations in the development of complex software is a key driver of industry growth. These models help companies determine the effectiveness of their software testing processes. Some of the processes include high-level test automation and quality assurance frameworks that speed products to market. Organizations therefore choose to implement DevOps and Agile methodologies using automation testing frameworks, in order to gain detailed insights into their software testing data and maximize their software delivery lifecycle. .
The automation testing market revenue from the non-functional test components segment is estimated to exceed $20 billion by 2032. Organizations are making substantial investments in developing software that effectively secures data and products . Automated non-functional testing frameworks provide optimal test suite coverage and help companies achieve many benefits. These include reduced business costs and faster results, among other benefits, further fueling the use of non-functional automation test solutions in software development.
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Government and public sector application is expected to reach USD 5 billion in 2032. Government and public sector organizations are often involved in the management of information security, large databases and financial transactions. This requires the use of robust software applications and services that require advanced testing. Automated testing vendors can help development companies provide cost-effective and improved services to stakeholders and citizens, which further drives the consumption of products for government purposes.
The market share of automation testing from embedded software terminal interface is expected to register a CAGR of 10% between 2023 and 2032. This growth can be attributed to the increasing integration of embedded software in industrial applications. The industrial sector is focused on building smart factories and adopting robotic process automation (RPA). Since the devices built into the software operate in real-time situations, they must undergo frequent testing. This, in turn, creates lucrative opportunities for business expansion.
At the regional level, the Asia-Pacific region held around 15% of the automation testing market share in 2022. Rising digitalization in India and China has increased the adoption of new automation services in the region. Moreover, the presence of skilled IT professionals in addition to low salaries make India one of the largest software and IT service outsourcing hubs in the world, creating a high demand for testing solutions. Additionally, the rapid growth of the consumer electronics industry in India, China, South Korea, and Taiwan has also driven the adoption of automated testing services in the region.
Some of the major key players operating in the automation testing market include Accenture, Cognizant, IBM, TCS, Capgemini, Wipro, Tricentis, Qualitest, Eggplant, Cigniti Technologies Limited, CGI, Inc and Atos SE. Some of these companies are forming strategic collaborations to expand their business activities.
Citing one example, in January 2021, technology products and services company Cygnet Infotech signed a collaboration agreement with cross-browser testing cloud LambdaTest. As part of this collaboration, LambdaTest has integrated with TestingWhiz, as part of the company’s efforts to strengthen its core competencies and improve its business landscape worldwide.
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Partial chapters of the table of contents (TOC) of the report:
Chapter 2 Executive Summary
2.1 Automation 360 Testing Industry0 Snapshots, 2018-2032
2.2 Trade trends
2.2.1 Total Addressable Market (TAM), 2023-2032
2.3 Regional trends
2.4 Component Trends
2.4.1 Trends in test types
2.4.2 Service trends
2.5 Endpoint Interface Trends
2.6 Application trends
Chapter 3 Industry Overview of Automation Testing
3.2 Industrial landscape, 2018-2032
3.3 Impact of COVID-19
3.4 Impact of the Russia–Ukraine War
3.5 Analysis of Automation Testing Industry Ecosystem
3.6 Profit Margin Analysis
3.7 Technology and innovation landscape
3.8 Patent landscape
3.9 Key initiative and news
3.10 Regulatory landscape
3.11 Industry impact forces
3.11.1 Drivers of growth
3.11.2 Industry Pitfalls and Challenges
3.12 Investment portfolio
3.13 Analysis of growth potential
3.14 Porter’s analysis
3.15 PESTEL analysis
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About Global Market Insights Inc.
Global Market Insights Inc., headquartered in Delaware, USA, is a global provider of market research and advisory services, offering syndicated and custom research reports as well as consulting services. growth. Our business intelligence and industry research reports provide clients with in-depth insights and actionable market data specially designed and presented to aid in strategic decision-making. These comprehensive reports are designed through proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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