PUBLISHER: Acute Market Reports | PRODUCT CODE: 1129992
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1129992
Test Automation Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030
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 2022 to 2030, starting from US$ 40.70 Bn in 2021. 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. Growing use of mobile applications worldwide and rapid technological advancements are also helping the market growth. Rising cloud-based applications are helping the market growth. Accordingly, we predict that the market will grow tremendously throughout the forecast period.
Functional Testing to show Substantial Growth
In 2021, the functional testing segment has its dominance in the market. Functional testing ensures that the system must perform according to its expectations. Functional testing has its dominance due to inclination towards adoption of agile development process. 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 substantial growth in years to come. Robot framework, ranorex, katalon studio, selenium, unified functional testing and others are some of the functional testing tools.
Asia Pacific will be the Fastest Growing Region
North America governs the test automation market in 2021. The aforementioned region contributed to more than 1/3rd of the world revenue in the same year. Established industries, growing need of QA and presence of maximum number of players are major factors for the dominance of the region. On the other hand, Asia Pacific region will grow with the highest growth rate on account of growing mobile application market, rising digitization and growing investments for rapid technology adoption. Presence of existing testing tools and professional testing resources are some of the other factors for fastest growth of the Asia Pacific fastest growth.
Some of the prominent players operating in the test automation market: 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 study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. Key data point that enables the estimation of Test Automation market are as follows:
- Research and development budgets of manufacturers and government spending
- Revenues of key companies in the market segment
- Number of end users and consumption volume, price and value.
- Geographical revenues generate by countries considered in the report
- Micro and macro environment factors that are currently influencing the Test Automation market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE DETAILS
- Research Period: 2020-2030
- Base Year: 2021
- Forecast Period: 2022-2030
- Historical Year: 2020
- Unit: USD Million
Segmentation
Test
- Functional Testing
- Configuration Testing
- Web Services Testing
- Acceptance Testing
- Compatibility Testing
- Integration Testing
- Load Testing
- Security Testing
- Mobile Testing
- Others (Migration Testing, Platform Testing, etc.)
Deployment
- Cloud-based
- On-premise
Region Segment (2020-2030; US$ Million)
- North America
- U.S.
- Canada
- Rest of North America
- UK and European Union
- UK
- Germany
- Spain
- Italy
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC
- Africa
- Rest of Middle East and Africa
Global Impact of COVID-19 Segment (2020-2021; US$ Million )
- Pre COVID-19 situation
- Post COVID-19 situation
Key questions answered in this report:
- What are the key micro and macro environmental factors that are impacting the growth of Test Automation market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Test Automation market?
- Which is the largest regional market for Test Automation market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Test Automation market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Test Automation market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Test Automation Market
- 2.2. Global Test Automation Market, By Test, 2021 (US$ Million)
- 2.3. Global Test Automation Market, By Deployment, 2021 (US$ Million)
- 2.4. Global Test Automation Market, By Geography, 2021 (US$ Million)
- 2.5. Impact of Covid 19
- 2.6. Attractive Investment Proposition by Geography, 2021
- 2.7. Competitive Analysis
- 2.7.1. Market Positioning of Key Test Automation Market Vendors
- 2.7.2. Strategies Adopted by Test Automation Market Vendors
- 2.7.3. Key Industry Strategies
3. Test Automation Market: Business Outlook & Market Dynamics
- 3.1. Introduction
- 3.2. Global Test Automation Market Value, 2020 - 2030, (US$ Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers
- 3.3.2. Market Restraints
- 3.3.3. Key Challenges
- 3.3.4. Key Opportunities
- 3.4. Impact Analysis of Drivers and Restraints
- 3.5. See-Saw Analysis
- 3.6. Porter's Five Force Model
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Threat Of Substitutes
- 3.6.4. Threat Of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Technology Landscape
- 3.7.4. Legal Landscape
- 3.7.5. Social Landscape
4. Test Automation Market: By Test, 2020-2030, USD (Million)
- 4.1. Market Overview
- 4.2. Growth & Revenue Analysis: 2021 Versus 2030
- 4.3. Market Segmentation
- 4.3.1. Functional Testing
- 4.3.2. Configuration Testing
- 4.3.3. Web Services Testing
- 4.3.4. Acceptance Testing
- 4.3.5. Compatibility Testing
- 4.3.6. Integration Testing
- 4.3.7. Load Testing
- 4.3.8. Security Testing
- 4.3.9. Mobile Testing
- 4.3.10. Others (Migration Testing, Platform Testing, etc.)
5. Test Automation Market: By Deployment, 2020-2030, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2021 Versus 2030
- 5.3. Market Segmentation
- 5.3.1. Cloud-based
- 5.3.2. On-premise
6. North America Test Automation Market, 2020-2030, USD (Million)
- 6.1. Market Overview
- 6.2. Test Automation Market: By Test, 2020-2030, USD (Million)
- 6.3. Test Automation Market: By Deployment, 2020-2030, USD (Million)
- 6.4.Test Automation Market: By Region, 2020-2030, USD (Million)
- 6.4.1.North America
- 6.4.1.1. U.S.
- 6.4.1.2. Canada
- 6.4.1.3. Rest of North America
- 6.4.1.North America
7. UK and European Union Test Automation Market, 2020-2030, USD (Million)
- 7.1. Market Overview
- 7.2. Test Automation Market: By Test, 2020-2030, USD (Million)
- 7.3. Test Automation Market: By Deployment, 2020-2030, USD (Million)
- 7.4.Test Automation Market: By Region, 2020-2030, USD (Million)
- 7.4.1.UK and European Union
- 7.4.1.1. UK
- 7.4.1.2. Germany
- 7.4.1.3. Spain
- 7.4.1.4. Italy
- 7.4.1.5. France
- 7.4.1.6. Rest of Europe
- 7.4.1.UK and European Union
8. Asia Pacific Test Automation Market, 2020-2030, USD (Million)
- 8.1. Market Overview
- 8.2. Test Automation Market: By Test, 2020-2030, USD (Million)
- 8.3. Test Automation Market: By Deployment, 2020-2030, USD (Million)
- 8.4.Test Automation Market: By Region, 2020-2030, USD (Million)
- 8.4.1.Asia Pacific
- 8.4.1.1. China
- 8.4.1.2. Japan
- 8.4.1.3. India
- 8.4.1.4. Australia
- 8.4.1.5. South Korea
- 8.4.1.6. Rest of Asia Pacific
- 8.4.1.Asia Pacific
9. Latin America Test Automation Market, 2020-2030, USD (Million)
- 9.1. Market Overview
- 9.2. Test Automation Market: By Test, 2020-2030, USD (Million)
- 9.3. Test Automation Market: By Deployment, 2020-2030, USD (Million)
- 9.4.Test Automation Market: By Region, 2020-2030, USD (Million)
- 9.4.1.Latin America
- 9.4.1.1. Brazil
- 9.4.1.2. Mexico
- 9.4.1.3. Rest of Latin America
- 9.4.1.Latin America
10. Middle East and Africa Test Automation Market, 2020-2030, USD (Million)
- 10.1. Market Overview
- 10.2. Test Automation Market: By Test, 2020-2030, USD (Million)
- 10.3. Test Automation Market: By Deployment, 2020-2030, USD (Million)
- 10.4.Test Automation Market: By Region, 2020-2030, USD (Million)
- 10.4.1.Middle East and Africa
- 10.4.1.1. GCC
- 10.4.1.2. Africa
- 10.4.1.3. Rest of Middle East and Africa
- 10.4.1.Middle East and Africa
11. Company Profile
- 11.1. IBM Corporation
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Portfolio
- 11.1.4. Strategic Initiatives
- 11.2. Wipro Ltd.
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Portfolio
- 11.2.4. Strategic Initiatives
- 11.3. Capgemini S.A.
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Portfolio
- 11.3.4. Strategic Initiatives
- 11.4. Cognizant Technology Solutions Corp
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Portfolio
- 11.4.4. Strategic Initiatives
- 11.5. Infosys Ltd
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Portfolio
- 11.5.4. Strategic Initiatives
- 11.6. Hewlett-Packard Company
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Portfolio
- 11.6.4. Strategic Initiatives
- 11.7. Tata Consultancy Services
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Portfolio
- 11.7.4. Strategic Initiatives
- 11.8. Hexaware Technologies
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Portfolio
- 11.8.4. Strategic Initiatives
- 11.9. Wipro Ltd.
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Portfolio
- 11.9.4. Strategic Initiatives
- 11.10. Zensar Technologies
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Portfolio
- 11.10.4. Strategic Initiatives
- 11.11. Qasymphony, Inc.
- 11.11.1. Company Overview
- 11.11.2. Financial Performance
- 11.11.3. Product Portfolio
- 11.11.4. Strategic Initiatives
- 11.12. SmartBear Inc.
- 11.12.1. Company Overview
- 11.12.2. Financial Performance
- 11.12.3. Product Portfolio
- 11.12.4. Strategic Initiatives
- 11.13. Tricentis GmbH
- 11.13.1. Company Overview
- 11.13.2. Financial Performance
- 11.13.3. Product Portfolio
- 11.13.4. Strategic Initiatives
List of Tables
- TABLE 1 Global Test Automation Market By Test, 2020-2030, USD (Million)
- TABLE 2 Global Test Automation Market By Deployment, 2020-2030, USD (Million)
- TABLE 3 North America Test Automation Market By Test, 2020-2030, USD (Million)
- TABLE 4 North America Test Automation Market By Deployment, 2020-2030, USD (Million)
- TABLE 5 UK and European Union Test Automation Market By Test, 2020-2030, USD (Million)
- TABLE 6 UK and European Union Test Automation Market By Deployment, 2020-2030, USD (Million)
- TABLE 7 Asia Pacific Test Automation Market By Test, 2020-2030, USD (Million)
- TABLE 8 Asia Pacific Test Automation Market By Deployment, 2020-2030, USD (Million)
- TABLE 9 Latin America Test Automation Market By Test, 2020-2030, USD (Million)
- TABLE 10 Latin America Test Automation Market By Deployment, 2020-2030, USD (Million)
- TABLE 11 Middle East and Africa Test Automation Market By Test, 2020-2030, USD (Million)
- TABLE 12 Middle East and Africa Test Automation Market By Deployment, 2020-2030, USD (Million)
List of Figures
- FIG. 1 Global Test Automation Market: Market Coverage
- FIG. 2 Research Methodology and Data Sources
- FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
- FIG. 4 Global Test Automation Market: Quality Assurance
- FIG. 5 Global Test Automation Market, By Test, 2021
- FIG. 6 Global Test Automation Market, By Deployment, 2021
- FIG. 7 Global Test Automation Market, By Geography, 2021
- FIG. 8 Global Test Automation Market, By Test, 2021 Vs 2030, %
- FIG. 9 Global Test Automation Market, By Deployment, 2021 Vs 2030, %
- FIG. 10 U.S. Test Automation Market (US$ Million), 2020 - 2030
- FIG. 11 Canada Test Automation Market (US$ Million), 2020 - 2030
- FIG. 12 Rest of North America Test Automation Market (US$ Million), 2020 - 2030
- FIG. 13 UK Test Automation Market (US$ Million), 2020 - 2030
- FIG. 14 Germany Test Automation Market (US$ Million), 2020 - 2030
- FIG. 15 Spain Test Automation Market (US$ Million), 2020 - 2030
- FIG. 16 Italy Test Automation Market (US$ Million), 2020 - 2030
- FIG. 17 France Test Automation Market (US$ Million), 2020 - 2030
- FIG. 18 Rest of Europe Test Automation Market (US$ Million), 2020 - 2030
- FIG. 19 China Test Automation Market (US$ Million), 2020 - 2030
- FIG. 20 Japan Test Automation Market (US$ Million), 2020 - 2030
- FIG. 21 India Test Automation Market (US$ Million), 2020 - 2030
- FIG. 22 Australia Test Automation Market (US$ Million), 2020 - 2030
- FIG. 23 South Korea Test Automation Market (US$ Million), 2020 - 2030
- FIG. 24 Rest of Asia Test Automation Market (US$ Million), 2020 - 2030
- FIG. 25 Brazil Test Automation Market (US$ Million), 2020 - 2030
- FIG. 26 Mexico Test Automation Market (US$ Million), 2020 - 2030
- FIG. 27 Rest of Latin America Test Automation Market (US$ Million), 2020 - 2030
- FIG. 28 GCC Test Automation Market (US$ Million), 2020 - 2030
- FIG. 29 Africa Test Automation Market (US$ Million), 2020 - 2030
- FIG. 30 Rest of Middle East and Africa Test Automation Market (US$ Million), 2020 - 2030
