Automation Testing Market 2023-2032; Growth Forecast & Industry Share Report

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Automation Testing Market 2023-2032 Growth
Forecast Industry Share Report
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• Industry Insights

• As per a recent research report, Global
  Automation Testing Market share is likely to
  surpass USD 80 billion valuation by 2032.
• The global automation testing market is slated to
  exhibit exponential growth through 2032 owing to
  the rising penetration of digital media, such as
  mobile devices for media streaming and online
  gaming, as well as digital payments.
• Consumer electronics like smartphones, wearables,
  and laptops are becoming more digitalized, which
  has led to a significant increase in the demand
  for automated testing services to improve the
  security, functionality, and performance of these
  products. For instance, in August 2021, Ranorex,
  the U.S.-based IT company, released its Studio
  10.1, the latest version of the automated testing
  tool. The updated version added masking for the
  database login credentials in the manage data
  sources dialogue box and is an upgrade from the
  .NET 4.6.2 Framework to the .NET 4.8 Framework.

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• Consumer electronics like smartphones, wearables,
  and laptops are becoming more digitalized, which
  has led to a significant increase in the demand
  for automated testing services to improve the
  security, functionality, and performance of these
  products. For instance, in August 2021, Ranorex,
  the U.S.-based IT company, released its Studio
  10.1, the latest version of the automated testing
  tool. The updated version added masking for the
  database login credentials in the manage data
  sources dialogue box and is an upgrade from the
  .NET 4.6.2 Framework to the .NET 4.8 Framework.
• The automation testing market has been segmented
  in terms of component, end-point interface,
  application, and region. Based on component, the
  industry has been classified into testing and
  services. Under services, the segment has been
  divided into advisory consulting, planning
  development, support maintenance, documentation
  training, implementation, and managed.
• The advisory and consulting segment registered a
  market share of more than 10 in 2022 and is
  anticipated to register substantial gains over
  the next 10 years as advisory and consulting
  services aid businesses in enhancing their
  quality assurance focus areas, including
  infrastructure, tools, and people, throughout the
  delivery lifecycle, which has supported the
  market expansion.

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• Regional Analysis

North America automation testing market was worth
more than 9 billion in 2022 and is speculated to
observe sizable expansion through the forecast
timespan on account of the mounting penetration
of smart consumer products in the region.
Similarly, the Middle East Africa automation
testing industry is poised to expand at over 10
CAGR between 2023 and 2032 due to the soaring
demand for luxury vehicles and supercars in
Dubai, Saudi Arabia, Kuwait, and Abu Dhabi.

• Competitive Analysis

• Accenture, Cognizant, IBM, TCS, Capgemini, Wipro,
  and Atos SE

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