Test Automation Market : Analysis of the global test automation market for the period 2016–2024

Test automation is the process of using special software for the execution of various tests in software testing. During test automation, the actual output is compared with the expected output in order to achieve the desired degree of precision and accuracy in the software testing process. The global test automation market was valued at US$ 12.91 Bn in 2015 and is forecast to grow at a CAGR of 23.6% from 2016 to 2024 to reach a value of US$ 85.84 Bn in 2024.

The global test automation market is currently witnessing healthy growth as organizations emphasize heightening their IT spending on software testing and quality assurance (QA). The growing trend of mobile and cloud-based applications is one of the prominent factors responsible for the growth of the test automation market globally. However, factors such as high operational costs, which will require large investments and a high time frame to set up appropriate test labs are presently acting as major inhibitors to the market growth.

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On the basis of the types of various test automation systems, the market is segmented into 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. Functional testing was the leading revenue generating segment in 2015. The continuous growth of agile development practices is the major aspect responsible for the high level of automation in the functional testing process.

North America was the leading geographical region in the global test automation market in 2015, holding approximately 44% of the global market revenue share. The region is expected to remain dominant throughout the forecast period from 2016 to 2024 with the growing traction of QA within organizations, as more transformational projects are implemented to ensure shorter time-to-market and strong returns on investment (ROI). Asia Pacific is projected to grow at the fastest CAGR of 26.2% throughout the forecast period. This is mainly attributable to the rising number of investments in internal professional testing resources, existing tools, and external outsourced resources.

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The key market players profiled in this report include IBM Corporation, Capgemini S.A., Wipro Ltd., Cognizant Technology Solutions Corp, Hewlett-Packard Company, Infosys Ltd, Tata Consultancy Services, Hexaware Technologies, and Zensar Technologies.

Table of Content

Chapter 1 Preface

Chapter 2 Executive Summary

Chapter 3 Global Test Automation Market Analysis

Chapter 4 North America Test Automation Market Analysis

Chapter 5 Europe Test Automation Market Analysis

Chapter 6 Asia Pacific Test Automation Market Analysis


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