Automation Testing Market To Hit $92.45 Billion By 2030: Grand View Research, Inc.

(MENAFN- PR Newswire) SAN FRANCISCO, Aug. 7, 2023 /PRNewswire/ --
The global automation testing market size is expected to reach USD 92.45 billion by 2030, growing at a CAGR of 17.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. Prominent technological advancement in artificial intelligence (AI) and machine learning (ML) is propelling the demand for the market. Mobile application usage is growing across various end-user industries, and smartphone penetration is rising, opening an attractive potential for market expansion. Furthermore, there is a rising demand for automation testing as web-based applications have developed significantly and new software technologies have emerged. The market is growing rapidly due to the increasing usage of ML and AI for advanced analytics and continuous testing across DevOps and DevSecOps areas.

Key Industry Insights & Findings from the report:

• The services segment dominated the market and accounted for over 56% of the global revenue owing to rapid advancements in implementation services, which make it easier to include automation into a functioning infrastructure for software testing
• With the aid of this service, automation is integrated into an existing software automation testing setup
• The large enterprises segment held the largest revenue share in 2022 as it helps improve efficiency, reduce manual effort, increase test coverage, and ensure the quality of software applications
• The BFSI segment is estimated to have significant growth over the forecast period; adopting digitalization in the BFSI sector creates a significant demand for application software automation testing

Read full market research report, "automation testing market size, share & trends analysis report by component (testing type, service), by vertical (healthcare, bfsi), by organization size (large enterprises, smes), by region, and segment forecasts, 2023 - 2030 ", published by Grand View Research.

Automation Testing Market Growth & Trends

The emerging use of
RPA to automate time-consuming, error-prone manual processes are just a few instances of the usage of AI & ML in automation testing. Moreover, a bot uses the page's numerous links and web forms to systematically explore through an online application when web crawling or spidering. This is a new use for AI and ML in automation testing. This approach is typically used for indexing online browsing. It may be improved further to perform reverse engineering on an application being tested and automatically find Test Cases. Emerging automation testing tools are significantly fueling market growth.

For instance,
Testcraft, a codeless Selenium test automation platform for regression and continuous testing, as well as monitoring of web applications, is gaining traction among users. Their revolutionary AI tech removes maintenance time and cost, as it certainly affects changes in the app. Similarly, Applitools Eyes, Testim, and Test.ai are more automation testing tools propelling the market growth. Furthermore, mergers and acquisitions by other key players are propelling market growth. For instance, in 2022, to improve the user experience on 5G smartphones, Key sight introduced AI-driven and automated testing. Automation and AI enable mobile service providers and app developers to more swiftly evaluate how smartphone users engage with native apps in the real world.

Automation Testing Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 30.24 billion
Revenue forecast in 2030	USD 92.45 billion
Growth rate	CAGR of 17.3% from 2023 to 2030
Base year for estimation	2022
Historical data	2017 - 2021
Forecast period	2023 - 2030

Automation Testing Market Segmentation

Grand View Research has segmented the global automation testing market based on component, organization size, vertical, and region

Automation Testing Market - Component Outlook (Revenue, USD Million, 2017 - 2030)

• Testing Type
  • Static Testing
  • Dynamic Testing
    • Functional Testing
    • Non-functional Testing
      • Performance Testing
      • API Testing
      • Security Testing
      • Load Testing
      • Regression testing
      • Others
• Service
  • Managed services
  • Professional services

Automation Testing Market - Organization Size Outlook (Revenue, USD Million, 2017 - 2030)

• Small And Medium-Sized Enterprises
• Large Enterprises

Automation Testing Market - Vertical Outlook (Revenue, USD Million, 2017 - 2030)

• Healthcare
• IT & Telecommunication
• Energy & Utilities
• BFSI
• Government
• Defense And Aerospace
• Others

Automation Testing Market - Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
• Latin America
  • Brazil
  • Mexico
• Middle East and Africa (MEA)
  • Kingdom of Saudi Arabia (KSA)
  • UAE (United Arab Emirates)
  • South Africa

List of Key Players in the Automation Testing Market

• IBM Corp.
• Apexon
• Accenture
• Cigniti Technologies
• Capgemini SE
• Microsoft Corp.
• Tricentis
• Keysight technologies
• Sauce Labs
• Parasoft

Check out more related studies published by Grand View Research:

• testing, inspection, and certification market - The global testing, inspection, and certification market size is anticipated to reach USD 499.0 billion by 2030, growing at a CAGR of 4.0% from 2023 to 2030, according to a new report by Grand View Research, Inc. The incremental deployment rates of testing, inspection, and certification (TIC) systems and solutions can be accredited to the rise in manufacturing activities worldwide. Furthermore, the onset of Industry 5.0 and the rise in connected systems further augments the need to deploy TIC-based technologies in tandem with manufacturing activities.
• postal automation system market - The global postal automation system market size is anticipated to reach USD 1.34 billion by 2030, exhibiting a CAGR of 6.8% over the forecast period, according to a new report published by Grand View Research, Inc. The increasing e-commerce market and online retail shopping have resulted in a considerable rise in the number of orders across the globe. The companies are incorporating automation in postal services to meet the rising number of package processing.
• sales force automation software market - The global sales force automation software market size is expected to reach USD 13.82 billion by 2027, expanding at a CAGR of 8.3% from 2020 to 2027, according to a new study conducted by Grand View Research, Inc. Rising adoption of cloud technologies for sales force automation (SFA) and demand for sales forecasting applications are the primary drivers for the market growth. There is an increasing demand for streamlining the sales process and efficient use of workforce to stay competitive in the market. Moreover, the increasing complexity in sales management, especially in retail and telecommunication business are driving the need for automation, boosting the market growth.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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