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Test Automation Market By Test Type (Functional Testing, Configuration Testing, Web Services Testing, Acceptance Testing, Compatibility Testing, Integration Testing, Load Testing, Security Testing, Mobile Testing, Others), By Deployment Type (Cloud-based, On-premise) - Growth, Future Prospects, And Competitive Analysis, 2019 – 2027

Rising Mobile Application Market to Boost the Growth of Test Automation Market

The test automation market worldwide is anticipated to grow with a CAGR of 14.7% during the forecast period from 2019 to 2027, starting from US$ 27.43 Bn in 2018. Increased mobile application market and rising DevOps methodology worldwide are the major reasons for the market growth. Growing digitization globally will also boost the test automation market demand in years to come. The growing use of mobile applications worldwide and rapid technological advancements are also helping the market growth. In addition, rising cloud-based applications are helping the market grow. Accordingly, we predict that the market will grow tremendously throughout the forecast period.

Market Synopsis

Functional Testing to show Substantial Growth

In 2018, the functional testing segment had its dominance in the market. Functional Testing ensures that the system must perform according to its expectations. Functional Testing has its dominance due to the inclination toward the adoption of the agile development process. The rising cloud-based applications market will also boost the functional testing segment. Functional Testing has various benefits such as security & safety, defect-free product, reduced risks, and others, due to which the segment will have substantial growth in years to come. Robot framework, Ranorex, katalon studio, selenium, unified functional Testing, and others are some of the functional testing tools.

The Asia Pacific will be the Fastest Growing Region

North America governed the test automation market in 2018. The aforementioned region contributed to more than 1/3rd of the world's revenue in the same year. Established industries, a growing need for Q.A., and the presence of a maximum number of players are major factors for the dominance of the region. On the other hand, the Asia Pacific region will grow with the highest growth rate because of the growing mobile application market, rising digitization, and investments for rapid technology adoption. Existing testing tools and professional testing resources are some of the other factors for the fastest growth of the Asia Pacific.

Some of the prominent players operating in the test automation market are IBM Corporation, Wipro Ltd., Capgemini S.A., Cognizant Technology Solutions Corp, Infosys Ltd, Hewlett-Packard Company, Tata Consultancy Services, Hexaware Technologies, Wipro Ltd., Zensar Technologies, Qasymphony, Inc., SmartBear Inc., and Tricentis GmbH among others.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. In addition, compounded Annual Growth Rate (CAGR) for each respective segment was calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The test automation market report provides market size and estimates based on market dynamics and key trends observed in the industry. In addition, the report provides a holistic view of the global test automation market based on test type, deployment type, and geography.

Frequently Asked Questions

The market for Test Automation is expected to reach US$ 27.43 Bn in 2028.

The Test Automation market is expected to see significant CAGR growth over the coming years, at 14.7%.

The report is forecasted from 2019-2027.

The base year of this report is 2021.

IBM Corporation, Wipro Ltd., Capgemini S.A., Cognizant Technology Solutions Corp, Infosys Ltd, Hewlett-Packard Company, Tata Consultancy Services, Hexaware Technologies, Wipro Ltd., Zensar Technologies are some of the major players in the global market.

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Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
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Godaddy
Published Date:  Dec 2019
Category:  Technology & Media
Report ID:   60115
Report Format:   PDF
Pages:   120
Rating:    4.1 (49)
Delivery Time: 24 Hours to 48 Hours   
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