Global Automation Testing Market is valued at approximately USD 21.22 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 16.40% over the forecast period 2022-2029. Automation Testing is a software testing technique that operates using automated testing software tools in executing test cases. The Automation Testing Market is expanding because of factors such as Scalable and adaptable delivery models.
According to Statista, in 2020, the global size of the industrial automation market was nearly 175 billion dollars. Until 2025, the market is anticipated to expand at a compound annual growth rate of about 9%. The industrial automation industry is anticipated to reach 265 billion US dollars in size by 2025.Cloud-based industrial automation software was worth roughly 13.6 billion U.S. dollars worldwide in 2018. Automation software in the industry has been prominent for several years but is growing rapidly, and cloud-deployed software is expected to grow at a compound annual growth rate of 9.4 percent between 2018 and 2023. In addition, over 318 billion dollars in revenue from mobile apps were generated globally. This year saw a surge in the downloads of mobile apps, with games accounting for most of those downloads. Nearly 100 billion downloads of mobile games were made. Mobile picture and video applications were second in terms of downloads that year with about 19.6 billion. Moreover, increased use of online and mobile applications creates lucrative opportunities for the automation market in the near future. However, high upfront investment costs may halt market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Automation Testing Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the space in terms of revenue, owing to the factors dominance of businesses and developers placing a higher priority on performance testing and increasing IoT devices application. According to Statista, in 2022 global comparison, most revenue will be generated in the United States US$297.10bn. Moreover, Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as Increased use of online and mobile applications in the market space.
Major market players included in this report are:
- Accenture
- Astegic
- Broadcom
- Capgemini
- IBM
- Keysight Technologies
- Microsoft
- Apexon
- Ranorex
- Smartbear Software
Recent Developments in the Market:
- In July 2021, Sauce Labs acquired Backtrace, known for offering error monitoring solutions. With the help of this acquisition, Sauce Labs was able to expand its capabilities into real-world settings, giving its clients access to quality signals at all Software Development Lifecycle stages, including design, integration, and production.
- In March 2021, Tricentis acquired Neotys, which is a performance testing company. Customers will now have access to an enterprise-grade performance testing solution due to the addition of NeoLoad to the Tricentis portfolio.
Global Automation Testing Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Component, End Point Interfaces, Application, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By component:
- Functional testing,
- Non-functional testing
- Services
- Others
By End Point Interfaces:
- Mobile
- Web
- Desktop
- Cloud
- Embedded Software
By Application:
- IT & Telecom
- BFSI
- Manufacturing
- Retail
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- RoLA
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Automation Testing Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Automation Testing Market, by Component, 2019-2029 (USD Billion)
- 1.2.3. Automation Testing Market, by End Point Interfaces, 2019-2029 (USD Billion)
- 1.2.4. Automation Testing Market, by Application, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Automation Testing Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Automation Testing Market Dynamics
- 3.1. Automation Testing Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing Scalable and adaptable delivery models
- 3.1.2. Market Challenges
- 3.1.2.1. High upfront investment cost of Automation testing
- 3.1.3. Market Opportunities
- 3.1.3.1. Increased use of online and mobile applications
Chapter 4. Global Automation Testing Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Automation Testing Market, by Component
- 6.1. Market Snapshot
- 6.2. Global Automation Testing Market by Component, Performance - Potential Analysis
- 6.3. Global Automation Testing Market Estimates & Forecasts by Component 2019-2029 (USD Billion)
- 6.4. Automation Testing Market, Sub Segment Analysis
- 6.4.1. Functional testing
- 6.4.2. Non-functional testing
- 6.4.3. Services
Chapter 7. Global Automation Testing Market, by End Point Interfaces
- 7.1. Market Snapshot
- 7.2. Global Automation Testing Market by End Point Interfaces, Performance - Potential Analysis
- 7.3. Global Automation Testing Market Estimates & Forecasts by End Point Interfaces 2019-2029 (USD Billion)
- 7.4. Automation Testing Market, Sub Segment Analysis
- 7.4.1. Mobile
- 7.4.2. Web
- 7.4.3. Desktop
- 7.4.4. Cloud
- 7.4.5. Embedded Software
Chapter 8. Global Automation Testing Market, by Application
- 8.1. Market Snapshot
- 8.2. Global Automation Testing Market by Application, Performance - Potential Analysis
- 8.3. Global Automation Testing Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
- 8.4. Automation Testing Market, Sub Segment Analysis
- 8.4.1. IT & Telecom
- 8.4.2. BFSI
- 8.4.3. Manufacturing
- 8.4.4. Retail
- 8.4.5. Others
Chapter 9. Global Automation Testing Market, Regional Analysis
- 9.1. Automation Testing Market, Regional Market Snapshot
- 9.2. North America Automation Testing Market
- 9.2.1. U.S. Automation Testing Market
- 9.2.1.1. Component breakdown estimates & forecasts, 2019-2029
- 9.2.1.2. End Point Interfaces breakdown estimates & forecasts, 2019-2029
- 9.2.1.3. Application breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Automation Testing Market
- 9.3. Europe Automation Testing Market Snapshot
- 9.3.1. U.K. Automation Testing Market
- 9.3.2. Germany Automation Testing Market
- 9.3.3. France Automation Testing Market
- 9.3.4. Spain Automation Testing Market
- 9.3.5. Italy Automation Testing Market
- 9.3.6. Rest of Europe Automation Testing Market
- 9.4. Asia-Pacific Automation Testing Market Snapshot
- 9.4.1. China Automation Testing Market
- 9.4.2. India Automation Testing Market
- 9.4.3. Japan Automation Testing Market
- 9.4.4. Australia Automation Testing Market
- 9.4.5. South Korea Automation Testing Market
- 9.4.6. Rest of Asia Pacific Automation Testing Market
- 9.5. Latin America Automation Testing Market Snapshot
- 9.5.1. Brazil Automation Testing Market
- 9.5.2. Mexico Automation Testing Market
- 9.5.3. Rest of Latin America Automation Testing Market
- 9.6. Rest of The World Automation Testing Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. Accenture
- 10.2.1.1. Key Information
- 10.2.1.2. Overview
- 10.2.1.3. Financial (Subject to Data Availability)
- 10.2.1.4. Product Summary
- 10.2.1.5. Recent Developments
- 10.2.2. Astegic
- 10.2.3. Broadcom
- 10.2.4. Capgemini
- 10.2.5. IBM
- 10.2.6. Keysight Technologies
- 10.2.7. Microsoft
- 10.2.8. Apexon
- 10.2.9. Ranorex
- 10.2.10. Smartbear Software
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption