marketreportsupdates (8)

1
Automation Testing Market to Reach USD 60.4
Billion By 2026
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2
Market Size USD 8 billion in 2018, Market
Growth - CAGR of 33.4, Market Trends the
Digitalized transformation of testing
Market Summary
The Automation Testing market is expected to grow
from USD 8 billion in 2018 to USD 60.4 billion by
2026, at a CAGR of 33.4 during the forecast
period. The transformation of testing in digital
testing, the rise of DevOps methodology, and
increasing usage of mobile phones and advanced
technologies are some of the driving factors of
the market. Organizations now need to get their
products and services given or taken within a
short time frame, giving an advantage to
automation testing.

• Further key findings from the report suggest
• The Automation Testing market is expected to grow
  from USD 8 billion in 2018 to USD 60.4 billion by
  2026, at a CAGR of 33.4 during the forecast
  period.
• The major contributing factors for the growth of
  the market for Automation Testing can be the
  transformation of testing in digital testing, the
  rise of DevOps methodology, increasing usage of
  mobile phones and advanced technologies,
  technology advancements giving rise to technology
  automation testing and the need of quality
  assurance and testing.

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Market Summary
Key Players
Key players within Automation Testing market are
Parasoft (US), CA Technologies (US), Microsoft
(US), Tricentis (Austria), IBM (US), Capgemini
(France), SmartBear Software (US), Cigniti
Technologies (India), Ranorex (Austria), Micro
Focus (UK), and TestPlant (UK).
Segmentation
Automation Testing Market by Testing type
(Revenue, USD Million 2018-2026) o Functional
Testing o Non-Functional Testing Automation
Testing Market by Service (Revenue, USD Million
2018-2026) o Advisory and Consulting
Services o Planning and Development
Services o Support and Maintenance
Services o Documentation and Training
Services o Others
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Market Summary

• Regional Outlook for Assessment Services Market
  analyses the following geographies
• North America (United States, Canada, and Mexico)
• Europe (Germany, France, UK, Russia, and Italy)
• Asia-Pacific (China, Japan, Korea, India, and
  Southeast Asia)
• South America (Brazil, Argentina, Colombia, etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt,
  Nigeria, and South Africa)

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The report emphasizes the following key
questions
Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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