According to a new report, published by KBV research, The Global Automation Testing Market size is expected to reach $76.4 billion by 2030, rising at a market growth of 15.5% CAGR during the forecast period.
The Testing Types segment is registering a CAGR of 17.3% during (2023 - 2030). Growing testing types reflect the industry's response to emerging technologies, methodologies, and the need for comprehensive testing coverage. As organizations strive to deliver high-quality software with efficiency and speed, the automation of various testing types becomes imperative, driving innovation and growth. Therefore, the segment will grow rapidly in the coming years.
The Advisory & Consulting Services segment is dominated Global Automation Testing Market by Services Type in 2022; thereby, achieving a market value of $14.8 billion by 2030. As software applications become more complex and diverse, organizations face challenges in navigating the intricacies of testing environments. Advisory and consulting services offer expertise in designing testing strategies that align with the complexity of modern applications, ensuring comprehensive coverage and effective risk mitigation. Thus, the segment will expand rapidly in the coming years.
The Web segment is leading the Global Automation Testing Market by Endpoint Interface in 2022; thereby, achieving a market value of $26.6 billion by 2030. The web industry often adopts agile and continuous integration/continuous deployment (CI/CD) practices to accelerate the development and release cycles. Automation testing allows for quick and reliable testing of web applications, ensuring that frequent updates do not compromise the quality of the software. Therefore, owing to these aspects, there will be enhanced growth in the segment.
The Aerospace & Defense segment is anticipating a CAGR of 17.7% during (2023 - 2030). The aerospace and defense sector has to comply with stringent quality and safety regulations. Automation testing can help ensure these intricate systems are thoroughly tested for reliability, functionality, and security. Automation testing can assist in meeting regulatory requirements by providing consistent and repeatable testing processes. Thus, these factors can boost the demand in the segment.
Full Report: https://www.kbvresearch.com/automation-testing-market/
The North America region dominated the Global Automation Testing Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $26.7 billion by 2030. The Europe region is experiencing a CAGR of 15.1% during (2023 - 2030). Additionally, The Asia Pacific region would exhibit a CAGR of 16.3% during (2023 - 2030).
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