Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3.07 Billion | USD 5.94 Billion | 7.60% | 2023 |
According to the report published by Zion Market Research, the global Automated Testing Software Market size was valued at USD 3.07 Billion in 2023 and is predicted to reach USD 5.94 Billion by the end of 2032. The market is expected to grow with a CAGR of 7.60% during the forecast period. The report analyzes the global Automated Testing Software Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Automated Testing Software industry.
To make the testing methods better in the IT sector automated testing software is used; the method of unit testing involves the use of a lot of resources for the quality assurance which is a waste. The automated testing software is used for different purposes such as creating reports, executing tests, and comparing results. The automated testing software is exceptionally helpful in regression testing, which is a tedious process and consumes more time. The automated testing software offers added benefits such as environment simulation wherein which the testing software can be imitated in order to generate user environment where the GUI response is both analyzed and created.
The market for the automated testing software is fragmented into deployment and type.
Based on the deployment, the market is categorized into cloud based and on-premise.
Depending on the type, the market is divided into automated web service, automated unit tests, and automated GUI tests.
In recent years, the IT organizations have widely adopted the strategies of the automated testing software to improve their efficiency; this trend is expected to continue in the coming years. For the testing process and in the development of the software the automated testing software is very helpful. In the IT sectors a large amount of data has to be managed and tested daily, which is a challenge in the complex environment; hence, there arises the need for efficient and effective applications that will support the situation. This factor is driving the demand of the automated testing software market. Other factors that are increasing the demand for automated testing software market are the increasing investments that are made on the IT services and quality assurance, which is supported by a significant increase of the cloud and mobile applications. The factor that restrains the growth of the automated testing software market is the high amount of funding that is involved with regards to the infrastructure is affecting the growth of the market negatively.
Report Attributes | Report Details |
---|---|
Report Name | Automated Testing Software Market |
Market Size in 2023 | USD 3.07 Billion |
Market Forecast in 2032 | USD 5.94 Billion |
Growth Rate | CAGR of 7.60% |
Number of Pages | 201 |
Key Companies Covered | International Business Machines (IBM) Corporation, Tricentis, SmartBear Software, Hewlett-Packard Enterprise, Oracle Corporation, Worksoft Inc., and Ranorex GmbH |
Segments Covered | By deployment, By type and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The geographical segmentation of the automated testing software market is diversified into Asia Pacific, North America, Western Europe, the Middle East and Africa, Eastern Europe, and Latin America. The region that will dominate the automated testing software market in the coming years is North America. The factors that contribute to this growth are increasing investments that are made by the IT organizations for making advancements in their tools and the presence of the vendors that provide the automated testing software solutions. Asia Pacific and Western Europe is following the North America region. The factors that are contributing to the market growth in the Asia-Pacific region is the presence of advanced IT infrastructure and the high investments that are made in the testing automation.
The key market players that are involved in the automated testing software market are:
International Business Machines (IBM) Corporation,
By deployment
By type
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