Automation Testing Market to Hit $92.45 Billion by 2030: Grand View Research, Inc.

Automation Testing Market to Hit $92.45 Billion by 2030: Grand View Research, Inc.

PR Newswire

SAN FRANCISCO, Aug. 7, 2023

SAN FRANCISCO, Aug. 7, 2023 /PRNewswire/ -- The global automation testing market size is expected to reach USD 92.45 billion by 2030, growing at a CAGR of 17.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. Prominent technological advancement in artificial intelligence (AI) and machine learning (ML) is propelling the demand for the market. Mobile application usage is growing across various end-user industries, and smartphone penetration is rising, opening an attractive potential for market expansion. Furthermore, there is a rising demand for automation testing as web-based applications have developed significantly and new software technologies have emerged. The market is growing rapidly due to the increasing usage of ML and AI for advanced analytics and continuous testing across DevOps and DevSecOps areas.

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Key Industry Insights & Findings from the report:

Read full market research report, "Automation Testing Market Size, Share & Trends Analysis Report By Component (Testing Type, Service), By Vertical (Healthcare, BFSI), By Organization Size (Large Enterprises, SMEs), By Region, And Segment Forecasts, 2023 - 2030", published by Grand View Research.

Automation Testing Market Growth & Trends

The emerging use of RPA to automate time-consuming, error-prone manual processes are just a few instances of the usage of AI & ML in automation testing. Moreover, a bot uses the page's numerous links and web forms to systematically explore through an online application when web crawling or spidering. This is a new use for AI and ML in automation testing. This approach is typically used for indexing online browsing. It may be improved further to perform reverse engineering on an application being tested and automatically find Test Cases. Emerging automation testing tools are significantly fueling market growth.

For instance, Testcraft, a codeless Selenium test automation platform for regression and continuous testing, as well as monitoring of web applications, is gaining traction among users. Their revolutionary AI tech removes maintenance time and cost, as it certainly affects changes in the app. Similarly, Applitools Eyes, Testim, and Test.ai are more automation testing tools propelling the market growth. Furthermore, mergers and acquisitions by other key players are propelling market growth. For instance, in 2022, to improve the user experience on 5G smartphones, Key sight introduced AI-driven and automated testing. Automation and AI enable mobile service providers and app developers to more swiftly evaluate how smartphone users engage with native apps in the real world.

Automation Testing Market Report Scope

Report Attribute

Details

Market size value in 2023

USD 30.24 billion

Revenue forecast in 2030

USD 92.45 billion

Growth rate

CAGR of 17.3% from 2023 to 2030

Base year for estimation

2022

Historical data

2017 - 2021

Forecast period

2023 - 2030

Automation Testing Market Segmentation

Grand View Research has segmented the global automation testing market based on component, organization size, vertical, and region

Automation Testing Market - Component Outlook (Revenue, USD Million, 2017 - 2030)

Automation Testing Market - Organization Size Outlook (Revenue, USD Million, 2017 - 2030)

Automation Testing Market - Vertical Outlook (Revenue, USD Million, 2017 - 2030)

Automation Testing Market - Regional Outlook (Revenue, USD Million, 2017 - 2030)

List of Key Players in the Automation Testing Market

Check out more related studies published by Grand View Research:

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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