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.
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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.
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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