Automation Testing Market Is Likely to Register Double Digit CAGR During Forecast To 2028
The automation testing market is projected to grow at a CAGR of 18.50%, with estimated
market size of USD 20.2 billion in 2021 to USD 55.9 billion by 2028. An increase in the use
of this methodology, in addition to the agile development environment for quality assurance
and testing, the digitalization of developing economies, the consumption of mobile-based
applications, and the production of automobiles, among other significant factors, are all
significantly boosting the market for automation testing. In addition, the future will provide
new opportunities for the automation testing market due to the increased demand for mobile-
based apps, technical advancements, modernization of production techniques, and increased
R&D activities. But among other things, the market's growth is being constrained by high
implementation costs and the prevalence of manual testing, which will make the automated
testing market even more difficult to succeed in.
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Automation Testing Market Dynamics
Drivers: Growing adoption of cloud-based automation testing tools
One of the key factors driving the market for automation tools is the increasing acceptance of
cloud-based automation technologies. Because cloud-based automation solutions are
affordable, flexible, and scalable, SMEs and startups are adopting them in large numbers. In
addition, the use of cloud-based automation testing tools is being greatly simplified by the
integration of machine learning and artificial intelligence, which is also expected to support
market growth throughout the forecast period.
Restraints: Lack of initial investment
The expansion of the automation testing market is expected to be significantly hindered by
the lack of requisite skills in the development teams to manage the automation testing tools
for defining the proper framework and scope of automation. In addition, the initial cost of the
infrastructure, license fees, and operating expenses associated with maintaining the hardware
are expected to limit market expansion. However, migrating to SaaS, IaaS, PaaS, and other
cloud-based services is expected to mitigate the difficulty over the projection period.
Opportunities: Increasing adoption of mobile and web-based applications
The use of smartphones and the internet is now a necessary part of daily life. Software apps
are one of the sectors in the mobile and web business that are growing the fastest. This
market expansion is attributed to factors such as the low cost of smartphones, the abundance
of web-based applications, the decline in data pricing, and the increased purchasing power of
end users. End customers download programs based on treatment and rejection, two variables
intimately related to the effectiveness of the application.
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The functional testing category is estimated to be the largest growth in the steam engine
market during the forecast period
The functional testing category dominated the market due to the widespread use of these tools
for evaluating software's functional requirements. It is a form of dynamic testing in which test
cases are automatically run to see whether various software functionalities comply with
operational requirements. Big businesses largely dominated the market for functional
automation testing. However, due to the boom in information technology startups, the
functional testing market's SME segment is expected to develop at the fastest rate.
Telecom & IT is estimated to be the largest growing market category during the
forecast period
The Telecom & IT segment is projected to grow the fastest during the forecast period. The
industry's growth is attributable to increased demand for secure software testing services
among IT and telecom businesses. These heavily incorporate automated software solutions
into their web-based platforms, operations & maintenance platforms, and billing update
systems. These platforms need an interface that is both highly secure and scalable, which will
raise the market's demand for automated software testing services. Telecom companies
strongly emphasize digital transformation by launching 5G services in emerging markets like
South Africa, Brazil, Argentina, and India.
The North American segment is estimated to be the largest growing market during the
forecast period
North America is the largest automation testing market and is projected to grow at the fastest
rate during the forecast period due to an increase in the use of agile development
environments for quality assurance and testing; more mobile app use increased digitization of
developing economies and increased automobile production in these areas. The market
demand can also be attributed to the growing adoption of smart consumer goods in the U.S.,
including laptops, smart TVs, and other smart home appliances. Because software, web
applications, and operating systems (OS) are tightly interwoven with smart consumer
electronics, there is a need for comprehensive software test automation. The region's need for
test automation services will rise as these smart consumer electronics become more widely
used.
Key Market Players
The automation testing market is dominated by a few global players and comprises several
regional players. Some key manufacturers operating in the market are IBM, CA
Technologies, Micro Focus, Capgemini, Microsoft, Tricentis, Smartbear, Parasoft, Cigniti
Technologies, Ranorex, Testplant, Sauce Labs, Applitools, Afour Technologies, Invensis
Technologies, QA Mentor, Testim.Io, Codoid, Mobisoft Infotech, Infostretch, Thinksys,
Astegic, Cygnet Infotech, Qualitykiosk and Qasource.
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