The Reports and Insights, a leading market research company, has recently releases report titled “Automated Testing Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Automated Testing Software Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Automated Testing Software Market?
The automated testing software market size reached US$ 5.1 Billion in 2023. Looking forward, Reports and Insights expects the market to reach US$ 10.9 Billion by 2032, exhibiting a growth rate (CAGR) of 8.8% during 2024-2032.
What are Automated Testing Software?
Automated testing software comprises tools and frameworks created to automate the running of tests for software applications. It enables developers and quality assurance teams to efficiently test software functionality, performance, and security by executing pre-scripted tests. This software can mimic user interactions, detect bugs and errors, and provide comprehensive reports on test outcomes. Its use enhances testing speed and accuracy, resulting in quicker development cycles and improved software quality.
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What are the growth prospects and trends in the Automated Testing Software industry?
The automated testing software market growth is driven by various factors and trends. The market for automated testing software is experiencing rapid expansion within the software industry, propelled by the widespread adoption of agile and DevOps methodologies. This market encompasses a range of tools and platforms aimed at automating testing processes, enhancing software quality, and expediting time-to-market. Key drivers of market growth include the increasing requirement for continuous testing, the imperative to cut down testing expenses and time, and the escalating complexity of software applications. Additionally, the market is influenced by the escalating trend of digital transformation across industries, which necessitates dependable testing solutions to ensure software applications’ reliability and performance. Hence, all these factors contribute to automated testing software market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Type of Testing:
- Functional Testing
- Performance Testing
- Security Testing
- Compatibility Testing
- Usability Testing
- Others
By Testing Tool:
- Test Management Tools
- Functional Testing Tools
- Performance Testing Tools
- Security Testing Tools
- Codeless Testing Tools
- Others
By Deployment Mode:
- On-Premises
- Cloud-based
By Organization Size:
- Small and Medium-sized Enterprises (SMEs
- Large Enterprises
By End-User Industry:
- IT and Telecom
- BFSI (Banking, Financial Services, and Insurance)
- Healthcare
- Retail
- Manufacturing
- Government and Public Sector
- Media and Entertainment
- Others
Segmentation By Region:
North America:
- United States
- Canada
Europe:
- Germany
- The U.K.
- France
- Spain
- Italy
- Russia
- Poland
- BENELUX
- NORDIC
- Rest of Europe
Asia Pacific:
- China
- Japan
- India
- South Korea
- ASEAN
- Australia & New Zealand
- Rest of Asia Pacific
Latin America:
- Brazil
- Mexico
- Argentina
Middle East & Africa:
- Saudi Arabia
- South Africa
- United Arab Emirates
- Israel
Who are the key players operating in the industry?
The report covers the major market players including:
- IBM Corporation
- SmartBear Software
- Tricentis
- Ranorex GmbH
- TestComplete
- Selenium
- Appium
- Sauce Labs Inc.
- Parasoft Corporation
- Eggplant (formerly TestPlant)
- Cigniti Technologies
- QualiTest Group
- Broadcom Inc. (formerly CA Technologies)
- Hewlett Packard Enterprise (HPE)
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