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Automation testing market to reach USD 19.27 billion by 2023

Automotive and Transportation Market Research

The global automation testing market size is expected to grow from USD 8.52 billion in 2018 to USD 19.27 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 17.7% during the forecast period.

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The increasing adoption of mobile devices and technologies, increasing adoption of the Dev Ops methodology, and transforming testing by digital transformation, are some of the factors driving the automation testing market.

Premium Insights
1 Attractive Market Opportunities in the Automation Testing Market
2 Market Top 3 Services and Regions
3 Market By Testing Type, 2018
4 Market By Organization Size, 2018
5 Market By Region, 2018–2023
6 Market Investment Scenario

North America is estimated to hold the largest market share in the automation testing market in 2018.

The factors that are popularizing this growth include increasing adoption of agile frameworks, such as Scrum and SAFe, by organizations. The APAC region is witnessing strong growth in terms of digital transformation.

This is creating a huge demand for automation testing services, with an increase in the adoption of mobile technologies.

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The mobile technology is said to be witnessing a robust growth rate, as the adoption of smart phones is on a steep rise in the APAC region. According to a report from Global System for Mobile Communications Association (GSMA) – “The Mobile Economy Asia Pacific 2017 report” – the APAC region would see growth in the average subscriber penetration rate, from 64% in 2016 to 74% by 2020.

This has given rise to the demand for testing in the mobility space.

Key Target Audience

  • Automation testing tool providers
  • Automation testing service providers
  • Test organizations
  • Quality Assurance (QA) providers
  • Managed Service Providers (MSPs)
  • Software developers
  • Consultancy firms and advisory firms
  • Technology consultants
  • Governments

The main objective of the report is to define, describe, and forecast the automation testing market size based on testing type (functional and non-functional), service, endpoint interface, organization size, vertical, and region. The report provides detailed information on the major factors (drivers, restraints, opportunities, and challenges) influencing the market growth.

The report attempts to forecast the market size with respect to the 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America.

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The report includes an in-depth competitive analysis of the key players in the automation testing market along with their company profiles, recent developments, and key market strategies. The report segments the automation testing market by testing type (functional and non-functional), services, endpoint interface, organization size, vertical, and region.

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