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New informative report of Test Automation Market | IBM Corporation, Wipro Ltd., Capgemini S.A., Cognizant Technology Solutions, Infosys

February 3, 2020 GMT

Sanjose, CA USA, February 2, 2020 (Wired Release) Credence Research The global test automation market was valued at US$ 27.43 billion in 2018 and is set to grow with a CAGR of 14.7% over the forecast period. Proliferating growth in the mobile application market and rising digital transformation worldwide are key factors driving the test automation market. In 2018, the global mobile app market was valued at more than US$ 100.0 billion and is expected to grow by more than 12 per cent in the CAGR. The increased need for quality assurance and software testing across organizations is also driving market growth. Growing demand for cloud-based applications and mobile applications also contributes to the growth of the market. Fast feedback, reduced business costs, early detection of defects, and others are some of the benefits of expanding the market for test automation. Rising digital investment in emerging economies will also boost market growth in the coming years. On the basis of the factors mentioned above, it is assumed that the test automation market will show a huge increase in the coming years.

Based on the type of test, the Functional Testing segment was the largest in 2018. The functional testing segment contributed to a significant share of global market revenue in the same year. Functional testing checks every aspect of the software and ensures that it works correctly. The segment was dominant due to rising agile automation development practices in the functional testing process. Proper functioning of all functionalities, ensuring safety and security, improving quality and others are some of the advantages of functional testing, which is why the segment is growing. As a result, we predict that the functional testing software will show significant growth over the forecast period.

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[Note: Our Free Complimentary Sample Report Accommodate a Brief Introduction to the Synopsis, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology are also included]

Based on geography, North America was dominant in the global test automation market in 2018. North America contributed more than 40% of the global revenue share in the same year. The need for the adoption of one software for testing different software, the growing adoption of QA with companies are the main reasons for North Americas dominance. The U.S. holds the highest market share in the North American test automation market due to mature industries and the presence of major players such as IBM Corporation, Cognizant Technology Solutions Corporation. Europe is following North America in the test automation market due to increased testing and digitization in the region.

Browse Full Report Originally Published by Credence Research at: https://www.credenceresearch.com/report/test-automation-market

Geographic Coverage

North America Test Automation Market Revenue and Forecast

Europe Test Automation Market Revenue and Forecast

Asia Pacific Test Automation Market Revenue and Forecast

Latin America Test Automation Market Revenue and Forecast

Middle East and Africa Test Automation Market Revenue and Forecast

List of Companies Covered:

IBM Corporation, Wipro Ltd., Capgemini S.A., Cognizant Technology Solutions Corp, Infosys Ltd, Hewlett-Packard Company, Tata Consultancy Services, Hexaware Technologies, Wipro Ltd., Zensar Technologies, Qasymphony, Inc., SmartBear Inc., and Tricentis GmbH among others.

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Key questions answered in this report

What was the market size of test automation in 2018 and forecast up to 2027?

Which is the largest regional market for test automation?

What are the major trends followed in overall test automation across different regions?

Who are the key test automation companies leading the market?

What are the key strategies adopted by the leading test automation companies in market?

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Research methodology devised for this study:

Our methodology comprises a blend of primary and secondary research for engineering the market size, shares and estimations for global Test Automation market specific to key segments, and regional segmentation.

A. Secondary Research

Some of the basic, but most important sources referred during the study included company annual reports, press releases, and relevant documents throwing light upon the recent developments in the global Test Automation market. Reliable sources such as scientific journals, university research papers and government websites were equally referred for recognizing business opportunities in various geographical markets and market penetration of various products/services. In addition, paid databases were referred to collect information useful for extensive commercial study of the key players operating in Test Automation market. In case where no data was available on the public domain, we used modeling and estimates to arrive at comprehensive data sets. Secondary research helped to prepare a base for Test Automation market study.

B. Primary Research

The extensive secondary research carried out was complemented by extensive primary research to validate data and analysis. Primary research involved telephonic interviews, e-mail interactions as well as face-to-face interviews with the leading industry experts.

The participants tracked for primary interviews include:

Vice President/ CEOs

Marketing/product managers

Market intelligence managers

National sales managers

Purchasing managers

Distributors

Other stakeholders

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About Credence Research:

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, nonlegislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, weve manufactured a firm extraordinarily prepared to this task.

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