Global Automation Testing Tools Market Overview:
Automation testing tool refers to the type of software which simplifies the testing process by use of minimum set of scripts for software engineers which saves their team’s time and money. The main benefit of automation testing are easy of maintenance, capability to create report by using resources during the peak hours. Moreover it enables the automatic adoption of test suites, intelligent decision-making and fast validation.
As per latest study released by AMA Research, the Global Automation Testing Tools market is expected to see growth rate of 16.54% and may see market size of USD19.24 Billion by 2028.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Billion) |
High Growth Market | Asia-Pacific |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Aodption of Artificial Intelligence and DevOps and Internet of Things
Market Growth Drivers:
Rising adoption of mobile devices and Internet of things, Increasing adoption of DevOps and Transforming testing by digital transformation
Challenges:
Lack of skilled and experienced test automation resources and Selection and management of testing tools
Restraints:
Data protection and privacy concerns
Opportunities:
Advancement in technology in automation testing and Agile development environment
Competitive Landscape:
In September 2017, Micro Focus introduced significant automation advancements to the Fortify application security portfolio that empowers developers, testers, and operations teams to implement security testing and remediation at a faster rate. The updated portfolio is fully integrated into DevOps tool chain with enhanced automation capabilities.
Some of the key players profiled in the report are IBM (United States), HP (United States), CA Technologies (United States), Micro Focus (U.K.), Capgemini (France), Microsoft (United States), Tricentis (Austria), Smartbear (United States), Parasoft (United States), Cigniti Technologies (India), Ranorex (Austria) and Testplant (U.K.). The Players having a strong hold in the market are IBM (United States), HP (United States), CA Technologies (United States), Micro Focus (U.K.). Additionally, following companies can also be profiled that are part of our coverage like Selenium, TestComplete, QMetry Automation Studio, Cypress, TestComplete, Test Studio, Katalon Studio, Sikuli, Ranorex, Zephyr and Squish. Analyst at AMA Research see United States Players to retain maximum share of Global Automation Testing Tools market by 2028. Considering Market by Deployment, the sub-segment i.e. Cloud Based will boost the Automation Testing Tools market.
Latest Market Insights:
In November 2017, CA Technologies announced an expanded portfolio that enables IT enterprises to integrate security into the earliest stages of development, and assures security in deployment, which is an emerging practice known as DevSecOps. This expanded portfolio supports further integration with CA Automic Application Release Automation to enable faster deployment capabilities with an automated, agile back-end that delivers more reliable releases of the code. and In March 2017, Microsoft partnered with Parasoft, one of the leading providers of innovative tools that automate time-consuming testing tasks. This partnership enabled Parasoft to develop automation testing solutions, such as API testing and service virtualization, for Microsoft’s Visual Studio eEnterprise subscribers.
Data protection and privacy concerns are expected to be the major restraining factor for the growth of the automation testing market. Ensuring the privacy of the customer during testing has always been the major issue. Failure of organizations to meet data security compliance requirements can eventually result in penalties, which can impact the business to such an extent where recovery might be impossible. The recent data breach investigative report, published by Verizon, forecasts the average loss for a breach of 1,000 records between USD 52,000 and USD 87,000. To stop this kind of breaches, governments of different countries are taking necessary steps. For example, in Europe, European Union’s (EU’s) General Data Protection Regulation (GDPR) is expected to come into force in May 2018, and would be applicable for all companies operating under EU.
What Can be Explored with the Automation Testing Tools Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Automation Testing Tools Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Automation Testing Tools
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Automation Testing Tools market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Automation Testing Tools market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Automation testing tool providers, Automation testing service providers, Test organizations, Quality Assurance (QA) providers, MSPs, Software developers, Consultancy firms and advisory firms, Technology consultants and Governments.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.