The competitive landscape of the market for test automation is a fragmented one that is marked with the presence of quite many large vendors, according to a publication by Transparency Market Research. It is divulged in the report that these prominent vendors that are operating in the market hold most of the market share. Some leading companies in the international market for test automation are Capgemini S.A, Cognizant Technology Solutions Corp., Hexaware Technologies, IBM Corporation, Tata Consultancy Services, Wipro Ltd., SeaLights Technologies Ltd, Infosys Ltd, Qasymphony, Inc., and so on. The major players are now emphasizing on research and development work pertaining to test automation field in a bid to obtain upper hand and stay ahead of their rivals. These leading names are also making a shift towards the expansion of their geographical territory through associations with regional players.
The market for world test automation was worth around US$30.45 bn in the year 2016, and is predicted to reach a value of around US$109.69 bn over the tenure of forecast that stretches from 2017 to 2025. The test automation market is likely to expand at a double digit CAGR of 15.4%.
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Digital Transformation to Spearhead Market Growth
Digital transformation is all around and is transforming the
society in an unprecedented way. Digitization is much of a phenomenon. The very
base of a digital society depends on the software testing and quality assurance
technology and as such it is crucial for every enterprise to ensure that the
software that is to be used gets tested first. This has led most of the IT
companies to invest substantially in software testing and quality assurance. As
such, much of the impetus that is needed for the growth of the market for test
automation is obtained from these aforementioned factor.
Furthermore, there is an increase in the market demand owing
to the phenomenal penetration of mobile phones and augmented usage of mobile
applications in productivity, communication, and multimedia travel. At the base
of usage and application of all of these technologies lie software testing. In
addition to that, cloud based applications that are now widely prevalent and
used by the consumers is giving the market a boost that is again driving the
growth for test automation market. Most of the organization today are opting
for managed services and as such the same is projected to lead the segment of
Services in the market for test automation.
There are, however, restraining factors that mar the
progress of the market as well. There is a high cost factor that is associated
with the market for test automation. Huge investment is mandatory for the setup
of suitable test laboratories. Besides, delayed timeframes are also responsible
for retraining the growth of the market.
North America to Continue to Play Dominant Role in the
Market for Test automation
When geographical segments are taken into consideration, the
market for international test automation market has been classified into Middle
East and Africa, Latin America, Europe, Asia Pacific and North America.
North America emerges as a clear leader of the market and
the region is predicted to retain its geographical supremacy over the period of
forecast. It accounts for the lion’s share of the market. The factors that are
fuelling the regional market growth are augmented traction of QA in many of the
organizations. North America is followed by Europe owing to the maturity and
enhanced sophistication of QA and testing field. The report also indicates that
there will be immense opportunities in the emerging economies of Asia Pacific
and South America.
This above-mentioned review is based on the findings of a
new report by Transparency Market Research titled, ““Test
Automation Market – (Component – Services (Advisory and Assessment Services and
Managed Services) and Products (Tool (Functional Testing, Configuration
Testing, Web Services Testing, Acceptance Testing, Compatibility Testing,
Integration Testing, Load Testing, Security Testing, Mobile Testing, Migration
Testing, Platform Testing, Usability Testing, Network Testing, and QA Process
Design) and Type (Independent Tools and Others); Deployment – Public Cloud,
Private Cloud and On Premise) – Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2017 – 2025.”
For the study, the market has been segmented as follows:
Global Test Automation Market, by Component
- Services
- Advisory
and Assessment Services
- Managed
Services
- Others
- Product
- Test
Automation Tools
- Functional
Testing
- Configuration
Testing
- Web
Services Testing
- Acceptance
Testing
- Compatibility
Testing
- Integration
Testing
- Load
Testing
- Security
Testing
- Mobile
Testing
- Migration
Testing
- Platform
Testing
- Usability
Testing
- Network
Testing
- QA
Process Design
- Type
- Independent
Tools
- Others
Global Test Automation Market, by Deployment
- Public
Cloud
- Private
Cloud
- On
Premise
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