Automation Testing Market size to Reach USD 85.44 billion by 2030.
Market Definition
Automation testing is characterized as a type of testing and a comparison between the actual result and the anticipated one. The process of automation testing can be carried out using a testing tool or script. Test automation automates repetitive tasks and other challenging manual testing tasks. The tools and strategies used in automation testing can increase or decrease the need for manual or human involvement in repetitive, unskilled, or redundant processes.
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Automation Testing Market Analysis and Size
The automation testing market has grown significantly over the past few decades. For instance, in March 2021, Tricentis purchased Neotys, a performance analysis company. With the addition of NeoLoad to the Tricentis offering, customers can access an enterprise-grade performance analysis solution. Collaboration's primary goal is to make corporate software solutions more productive for more than 240,000 businesses in Europe, the Middle East, and Africa. As a result, market growth during the projection period is primarily driven by developments and acquisitions made by critical companies. The quick uptake of cutting-edge technologies is fueling the anticipated period of market growth. Businesses' increasing willingness to use advanced automation testing methods like DevOps and Agile methodologies drives the market's expansion.
Data Bridge Market Research analyses that the automation testing market, valued at USD 24.23 billion in 2022, will reach USD 85.44 billion by 2030, growing at a CAGR of 17.06% during the forecast period of 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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Global Automation Testing Market Scope
The automation testing market is segmented on the basis of component, endpoint interface, organization size, and vertical. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Competitive Landscape and Automation Testing Market Share Analysis
The automation testing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Automation Testing Market.
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