Automation Testing Market Size, Share, Trends and Forecast 2030, by Types (Functional testing, Performance testing, Security testing, Compatibility testing, Usability testing) by Applications (Banking, Financial Services, and Insurance, Healthcare, Retail, Telecommunications)

Report ID :
3446

Publisher ID :
theinsightbridge

Published :
2023-06-14

Pages :
200

Purchase Option
$4500

Automation Testing Market Introduction 

Automation testing is a process of using software tools to execute pre-scripted tests on a software application to validate and verify the application's behavior and performance. Automation testing is typically used to enhance the accuracy, efficiency, and speed of testing while reducing manual effort and human errors.Automation testing involves the use of various tools, frameworks, and programming languages to create and execute test scripts. These scripts can simulate various user scenarios and validate the application's functionality, usability, and performance under different conditions. Automation testing can be used for a wide range of software applications, including web applications, mobile applications, desktop applications, and APIs.The automation testing market is growing rapidly, driven by the increasing demand for high-quality software applications and the need to reduce testing time and costs. With the rise of agile and DevOps methodologies, automation testing has become an essential part of the software development lifecycle, enabling teams to deliver high-quality software products faster and more efficiently. The market for automation testing is also benefiting from the advancements in technology, such as artificial intelligence, machine learning, and cloud computing, which are making automation testing more powerful and scalable.The automation testing market includes several key players offering a wide range of products and services, including testing tools, frameworks, and consulting services. These companies are investing heavily in research and development to improve their products' functionality, performance, and ease of use, and to meet the evolving needs of their customers. The market is also characterized by intense competition, with companies striving to differentiate themselves through product innovation, pricing strategies, and customer service.

Automation Testing Market Size

The global automation testing market size was valued at USD 12.6 billion in 2020 and is projected to reach USD 28.8 billion by 2025, growing at a CAGR of 18.0% during the forecast period. The growth of the automation testing market is being driven by factors such as the increasing demand for high-quality software applications, the need to reduce testing time and costs, and the rise of agile and DevOps methodologies.North America is expected to hold the largest market size in the automation testing market due to the presence of a large number of technology vendors and the adoption of advanced technologies by enterprises in the region. However, the Asia Pacific region is expected to witness the highest growth rate during the forecast period due to the increasing adoption of automation testing by small and medium-sized enterprises (SMEs) and the growing demand for cloud-based testing solutions.In terms of industry vertical, the BFSI (Banking, Financial Services, and Insurance) segment is expected to hold the largest market share in the automation testing market due to the increasing demand for digital banking and financial services and the need for security and compliance testing. The healthcare and life sciences segment is also expected to witness significant growth during the forecast period due to the growing adoption of telemedicine and digital healthcare solutions.

Automation Testing Market Share

The global automation testing market share was dominated by North America in 2020, accounting for the largest market share. The presence of a large number of technology vendors and the adoption of advanced technologies by enterprises in the region have contributed to this dominance.In terms of market share by solution, the testing tools segment is expected to hold the largest market share during the forecast period due to the increasing demand for automated testing tools that can reduce testing time and costs. The services segment, which includes professional and managed services, is also expected to witness significant growth during the forecast period due to the growing demand for consulting, implementation, and maintenance services.Based on deployment mode, the cloud segment is expected to hold the largest market share in the automation testing market due to the benefits offered by cloud-based testing solutions, such as scalability, flexibility, and cost-effectiveness. However, the on-premises segment is also expected to witness significant growth during the forecast period due to the security and control offered by on-premises solutions.In terms of industry verticals, the BFSI segment is expected to hold the largest market share in the automation testing market, followed by the IT and telecom segment. The growing adoption of digital banking and financial services and the need for security and compliance testing have contributed to the dominance of the BFSI segment.

Automation Testing Market Trends

Some of the key trends in the automation testing market are:

Adoption of AI and machine learning: Automation testing solutions are increasingly using AI and machine learning algorithms to improve testing efficiency, accuracy, and coverage. AI-based testing tools can learn from previous testing patterns and results, and automate repetitive testing tasks, thereby reducing manual effort and accelerating the testing process.

Shift to DevOps and Agile methodologies: The adoption of DevOps and Agile methodologies has led to a shift towards continuous testing, where testing is integrated throughout the development lifecycle. This has led to the adoption of automation testing tools that can support continuous testing and provide real-time feedback on the quality of the code.

Increased focus on security testing: With the growing number of cyber threats and data breaches, there is an increased focus on security testing in the automation testing market. Automation testing solutions are incorporating security testing features to ensure that the software is secure and compliant with regulatory requirements.

Integration with CI/CD tools: Automation testing solutions are being integrated with continuous integration and continuous delivery (CI/CD) tools to enable faster feedback loops and reduce the time-to-market for software releases. This integration enables developers to run tests automatically as part of the CI/CD pipeline, and provides real-time feedback on the quality of the code.

Adoption of cloud-based testing solutions: Cloud-based testing solutions are becoming increasingly popular due to their scalability, flexibility, and cost-effectiveness. Cloud-based solutions enable enterprises to access testing resources on-demand, without the need for upfront investments in hardware and infrastructure. This trend is expected to continue, as more enterprises shift towards cloud-based testing solutions.

Automation Testing Market Driving Factors

The increasing adoption of Agile and DevOps methodologies, the growing demand for reducing the overall software development cost and time, and the need for continuous testing and deployment are the major driving factors for the automation testing market. Additionally, the rise of digital transformation, the growing focus on improving the end-user experience, and the need to minimize the risk of software failures are also driving the market growth. The increasing demand for mobile and web applications and the growing adoption of cloud-based testing services are further fueling the growth of the automation testing market.

Automation Testing Market Regional Analysis

North America is expected to dominate the automation testing market due to the presence of a large number of IT and software companies in the region. The Asia Pacific region is expected to grow at a significant rate due to the increasing adoption of automation testing by companies in countries such as India, China, and Japan. These countries are home to a large number of software development companies and have a highly skilled workforce in the field of software testing.Europe is also expected to grow at a considerable rate due to the presence of a large number of enterprises in the region that are adopting automation testing to reduce their overall software development cost and time. The Middle East and Africa and Latin America are expected to show moderate growth due to the increasing adoption of automation testing by small and medium-sized enterprises in these regions.

Automation Testing Market Forecasts 2030 

The automation testing market is expected to continue to grow in the coming years, with a projected compound annual growth rate (CAGR) of around 18% from 2021 to 2030. The market size is expected to reach USD 54 billion by 2030, up from USD 15 billion in 2020.The increasing demand for automation testing services across various industries, including healthcare, BFSI, and retail, is expected to drive the growth of the market. Additionally, the increasing adoption of cloud-based testing services and the rising need for continuous testing and deployment are expected to boost market growth.Moreover, the growing focus on improving the end-user experience and the need to minimize the risk of software failures are also expected to fuel the growth of the automation testing market. The Asia Pacific region is expected to grow at the highest rate due to the increasing adoption of automation testing by companies in countries such as India, China, and Japan.

Automation Testing Market Key Industry Players

Some of the key industry players in the automation testing market include:

IBM Corporation

Capgemini SE

Accenture PLC

Cognizant Technology Solutions Corp.

Wipro Limited

Infosys Limited

Tata Consultancy Services Limited

DXC Technology Company

Atos SE

HCL Technologies Limited

These companies are continuously investing in research and development activities to innovate new technologies and expand their product portfolios. They are also adopting various strategies, such as partnerships, collaborations, mergers, and acquisitions, to strengthen their market position and expand their global reach.

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