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The global automation testing market is slated to exhibit exponential growth through 2032 owing to the rising penetration of digital media, such as mobile devices for media streaming and online gaming, as well as digital payments.
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Automation Testing Market 2023-2032; Growth Forecast & Industry Share Report
Industry Insights • As per a recent research report, Global Automation Testing Market share is likely to surpass USD 80 billion valuation by 2032. • The global automation testing market is slated to exhibit exponential growth through 2032 owing to the rising penetration of digital media, such as mobile devices for media streaming and online gaming, as well as digital payments. • Consumer electronics like smartphones, wearables, and laptops are becoming more digitalized, which has led to a significant increase in the demand for automated testing services to improve the security, functionality, and performance of these products. For instance, in August 2021, Ranorex, the U.S.-based IT company, released its Studio 10.1, the latest version of the automated testing tool. The updated version added masking for the database login credentials in the manage data sources dialogue box and is an upgrade from the .NET 4.6.2 Framework to the .NET 4.8 Framework.
Consumer electronics like smartphones, wearables, and laptops are becoming more digitalized, which has led to a significant increase in the demand for automated testing services to improve the security, functionality, and performance of these products. For instance, in August 2021, Ranorex, the U.S.-based IT company, released its Studio 10.1, the latest version of the automated testing tool. The updated version added masking for the database login credentials in the manage data sources dialogue box and is an upgrade from the .NET 4.6.2 Framework to the .NET 4.8 Framework. • The automation testing market has been segmented in terms of component, end-point interface, application, and region. Based on component, the industry has been classified into testing and services. Under services, the segment has been divided into advisory & consulting, planning & development, support & maintenance, documentation & training, implementation, and managed. • The advisory and consulting segment registered a market share of more than 10% in 2022 and is anticipated to register substantial gains over the next 10 years as advisory and consulting services aid businesses in enhancing their quality assurance focus areas, including infrastructure, tools, and people, throughout the delivery lifecycle, which has supported the market expansion.
Regional Analysis North America automation testing market was worth more than $9 billion in 2022 and is speculated to observe sizable expansion through the forecast timespan on account of the mounting penetration of smart consumer products in the region. Similarly, the Middle East & Africa automation testing industry is poised to expand at over 10% CAGR between 2023 and 2032 due to the soaring demand for luxury vehicles and supercars in Dubai, Saudi Arabia, Kuwait, and Abu Dhabi. • Competitive Analysis • Accenture, Cognizant, IBM, TCS, Capgemini, Wipro, and Atos SE
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