Automation Testing Market Size Worth $ 32.6 Billion By 2026

The global Automation Testing Market size is expected to reach USD 32.6 billion by 2026 according to a new study by WhipSmart Market Intelligence. The report “Automation Testing Market Share, Size, Trends, Industry Analysis Report By Component (Testing Types (Static, Dynamic (Functional, Non-functional)), Services); By Endpoint Interface (Mobile, Web, Desktop, Embedded Software), By Organization Size, Vertical,; By Regions, Segments & Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The report covers the COVID-19 impact on the Automation Testing Market. The COVID-19 Impact analysis will help you to understand the future market growth in the Automation Testing Market.
Inherent advantages offered by automation testing over manual testing such as consistency, wide range of coverage and a wide array of features has resulted in the wide applicability of automation testing and this factor is benefitting the overall market growth. The system also contributes to an overall increase in efficiency of the software team, thus resulting in profits for the company is another factor contributing market growth.
Some of the favorable factors concerning automation testing include reliability, less time for testing, quick application development, highly programmable, wide coverage for regression testing, increased productivity, generation of detailed test logs, and overall cost effectiveness. All these factors have resulted in automation testing being adopted by a wide range of companies. This scenario is particularly true in developing regions such as Asia Pacific.
High costs associated with manual testing and its repercussions on the company revenue streams is a cause of major concern for industry participants. This has prompted many companies to favor automation testing as it provides ample cost effectiveness both in terms of development and operation.
In order to gain market share companies are focusing on developing novel as well as customized software’s to suit specific need of the clients. Some of the features include reusable code module, cross platforms testing, test report with customization, video reporting and overall optimization of test report and integration with a large array of tools among others.
North America region is characterized by the presence of large number of companies and this has benefited the overall market in the region. This has resulted in the high awareness in the region. Asia Pacific is resulting high growth of automation testing market. Countries such as India and China are poised to witness significant market growth.
Some of the key players include ENDOCA, Isodiol, Medical Marijuana, Cannoid., Canopy Growth Corporation, Elixinol Group, Folium Biosciences, Diamond CBD, NuLeaf Naturals, PharmaHemp, Aphria Inc. and Gaia Botanicals among others. Development of distribution channels, novel product development and aggressive marketing campaigning are some of the success factors in the industry.
WhipSmart Market Intelligence Market research has segmented the Automation Testing Market report on the basis of testing type, technology, vertical, end-point and region
Automation Testing Type Outlook (Revenue, USD Million, 2019 – 2026)
  • Functional Testing
  • Non-Functional Testing
Automation Testing Technology Outlook (Revenue, USD Million, 2019 – 2026)
  • Advisory and Consulting Services
  • Planning and Development Services
  • Implementation Services
  • Managed Services
  • Others
Automation Testing End-Point Outlook (Revenue, USD Million, 2019 – 2026)
  • Web
  • Desktop
  • Mobile
Automation Testing Vertical Outlook (Revenue, USD Million, 2019 – 2026)
  • Banking, Financial Services, and Insurance
  • Automotive
  • Telecom and IT
  • Manufacturing
  • Others

Comments

Popular posts from this blog

Application Security Market Size Worth $ 9.5 Billion By 202

Affective Computing Market Size Worth $ 95.4 Billion By 2026 | CAGR: 33.9%