Automation Testing Market 2021 - Latest Trends, Future Development Outlook and Demand Analysis to 2027 - PowerPoint PPT Presentation

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Title: Automation Testing Market 2021 - Latest Trends, Future Development Outlook and Demand Analysis to 2027


1
Automation Testing Market Emerging Trends, Top
Companies, Application Analysis and Forecasts,
2021 - 2027
2
  • The automation testing market is estimated to
    witness robust growth by 2027 owing to soaring
    product prevalence across varied industry
    verticals.
  • Automation testing refers to the process of
    testing software and other tech products to
    ascertain that they meet specific requirements.
    The test aims to double-check that the software
    or equipment performs its functions efficiently
    and identify any defects, bugs, and any other
    issues that could arise with product development.
  • The COVID-19 outbreak disrupted virtually all
    industries across the globe. Widespread adoption
    of automation has helped companies cut costs
    during COVID-19-induced economic turmoil to
    enhance existing operations and provide more
    agile services to customers. Subsequently, rising
    awareness pertaining to the benefits of
    automation testing has been favorable for
    automation testing industry expansion during the
    pandemic.
  • The automation testing market has been segmented
    based on end point interface, component,
    application, and region. With respect to
    component, the market has been segregated into
    testing type (functional testing and
    non-functional testing) and services (planning
    development, implementation, documentation
    training, advisory consulting, support
    maintenance, and managed).

3
  • The non-functional testing segment has further
    been categorized into performance testing,
    security testing, API testing, compliance
    testing, usability testing, and others. In 2020,
    the performance testing segment held a market
    share of above 5 and is expected to grow at a
    notable pace over 2021-2027. Mounting demand for
    verifying software stability and performance is
    likely to propel segmental growth in the coming
    years.
  • In terms of end point interface, the automation
    testing market has been bifurcated into web,
    mobile, desktop, embedded software, and cloud.
    The web segment garnered around 15 share in the
    market in 2020 and is projected to witness
    substantial growth by 2027. Increasing
    penetration of web-based applications across the
    IT sector is foreseen to support segmental
    development over the following years.
  • From the application perspective, the market has
    been divided into BFSI, IT telecom, retail,
    manufacturing, healthcare, government public
    sector, transportation logistics, smart
    consumer devices, medical devices, automotive,
    and others. In 2020, the automotive segment
    attained a market share of approximately 10 and
    is speculated to progress at a solid CAGR over
    the review timeline. Prominent RD initiatives
    focused on autonomous vehicles and
    electrification of cars is expected to fuel
    product adoption in the automotive sector in the
    forthcoming years.

4
Request for a Sample Copy of this Report _at_
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110
5
  • Regional Analysis
  • By region, the Latin America automation testing
    market accounted for more than 5 of the overall
    industry revenue in 2020 and is anticipated to
    reach a significant valuation by the end of 2027.
    Proliferation of robotics and industrial
    automation across Brazil and Mexico is slated to
    drive product uptake in the LATAM region through
    the forecast period.
  • Competitive Analysis
  • Key players operating in the market include
    Tricentis, Qualitest, Cognizant, Capgemini, Wipro
    Limited, Accenture, TCS, Micro Focus
    International plc, Microsoft Corporation,
    SmartBear Software, and Tech Mahindra Limited.
    These participants are highly focused on
    strategic initiatives, such as acquisitions,
    partnerships, and collaborations, to achieve a
    competitive advantage over other leaders.

6
Latest Research Report On Automation Testing
Market _at_ https//www.gminsights.com/industry-analy
sis/automation-testing-market
Request for a Sample Copy of this Report _at_
https//www.gminsights.com/request-sample/detail/3
110
Request for customization _at_ https//www.gminsights
.com/roc/3110
7
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