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Automation Testing Market Outlook (2022 to 2032)

[256 Pages Report] The global automation testing market is expected to register a CAGR of 14.3% by garnering a market value of US$ 93.6 Billion by the end of 2032.

  • The development of rapid technologies such as artificial intelligence and machine learning is boosting the demand for the automation testing market.
  • The penetration of smartphones along with the increasing use of mobile applications in different end-user industries is creating lucrative opportunities for automation testing services.
  • The development of web-based applications along with newer software technologies has created an urgent need for automation testing.

The COVID-19 pandemic affected the automation testing market in the initial quarter of the lockdown. On the other hand, the quick digitalization of end-user sectors created an urgent need for automation testing owing to most companies depending on mobile applications. Moreover, the changing nature of work models is contributing to the growth of the market.

The increasing development of mobile applications that cater to a wide range of end-user sectors dealing with hospitality, customer service, or technology is driving the growth of the automation testing market.

The use of automation testing is not only limited to large or medium-scale enterprises but also has extended to small-scale enterprises. Lower rates of data packs along with easy affordability and convenience of using automation testing are shaping the market.

Attributes Details
Automation Testing Market CAGR (2022 to 2032) 14.3%
Automation Testing Market (2022) US$ 24.7 Billion
Automation Testing Market (2032) US$ 93.6 Billion

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Emerging Economies in Asia Pacific Contributing to Growth of Automation Testing Market

The technological sector in the Asia Pacific region is booming. Countries like China, Japan, Australia, and India are the largest contributors to the demand for automation testing. Not are technological sectors maximizing the use of artificial intelligence or machine learning but also government authorities are supporting the growth of the same by launching initiatives.

Future Market Insights states that China is expected to register a CAGR of 14% for the automation testing market. this is owing to the increasing adoption of internet of things (IoT) devices along with the usage of artificial intelligence, especially in mobile applications.

India is undergoing a digital transformation which has increased the dependency on automation testing in the region. All these factors are making the Asia Pacific a lucrative region for the growth of the automation testing market.

Automation Testing Market

Opportunities in Automation Testing Market

The increasing penetration of smartphones along with the establishment of 5G services in certain geographical locations has made automation testing services easy. In addition, most end-user sectors that range from food and beverages to automotive are largely relying on the internet and web-based applications that make tasks easier and more agile.

The changing nature of end-user sectors and digitization of the same is helping industries to adapt to web-based software that helps in managing workload. In addition, mobile applications have opened doors of opportunities for testing automation in more ways than one.

The development of mobile applications is supporting treatment and refusal of automation testing owing to its ability to minimize the time during testing. With digital transformation being at the forefront of transformation, the use of automation testing is expected to grow in the upcoming years.

The rise in the adoption of artificial intelligence and machine learning in automation testing is an essential factor that is expected to accelerate market growth.

Factors such as the growth in the demand for automation of the testing process and solutions for seamless customer experience and rising usage of AI-enabled cutting-edge technologies for software testing environments are expected to propel the market growth during the forecast period.

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What Factors are fueling the Automation Testing Market Growth?

The major factor that is expected to propel the growth of the Automation Testing Market during the forecast period includes the rapid adoption of advanced technologies.

Other major factors such as the growth in the demand for automation of the testing process and solutions for seamless customer experience and rising usage of AI-enabled cutting-edge technologies for software testing environments are expected to propel the market growth over the analysis period.

In addition, the integration of machine learning and artificial intelligence in the cloud-based automation testing tools is easing tool usage significantly which is also set to assist the market growth.

What Factors Limit the Automation Testing Market?

Stringent government rules and regulations are expected to hinder the growth of the Automation Testing Market during the forecast period. Moreover, the increasing complexity of implementing the transition from manual to automated testing is likely to hinder the growth of the market in the forthcoming years.

The market’s growth is further restricted by the high demand for specialized testers with the desired testing skills for test automation. While using the software, several bugs are detected. Hence, the user needs to debug the whole process before starting the operations. This procedure is lengthy. Furthermore, the automation test software needs to be operated by skilled personnel with proper training. Hence, the demand for such software is expected to be low in developing regions significantly.

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What are the Key Trends in Automation Testing Market?

Increasing adoption of mobile and web-based applications is one of the key trends that is expected to boost the market growth during the analysis period. Smartphones and the use of the internet have become indispensable components of daily life. One of the most rapidly increasing categories in the mobile and web business is software applications.

The affordability of smartphones, availability of numerous web-based applications, lower data prices, and more end-user spending power contribute to this growth of the market.

End-users download programs depending on treatment and refusal, two factors that are closely related to application performance. Furthermore, compared to other applications, the development phase and life cycle of mobile applications are quicker.

As a result, automation testing on mobile applications plays a significant part in developing the life cycle of mobile apps. Companies may enhance testing productivity, improve regression test cases, and minimize time by automating mobile application testing.

Comparative Analysis of the Adjacent Automation Testing Market

Automation Testing Market:

Attributes Automation Testing Market
CAGR (2022 to 2032) 14.3%
Market Value (2032) US$ 93.6 Billion
Growth Factor The major factor that is expected to augment the growth of the Automation Testing Market includes the increasing adoption of cloud-based automation tools.
Opportunity Cloud-based automation tools are cost-effective, agile, and scalable owing to which these tools are witnessing significant adoption in SMEs and startups. This in turn is expected to augment the market growth.
Key Trends Automation Testing is used in all aspects of testing, including automation testing, functional testing, regression testing, and performance testing. This factor is expected to fuel market growth.

In-Circuit Test Market:

Attributes In-Circuit Test Market
CAGR (2022 to 2032) 4.9%
Market Value (2032) US$ 2.5 Billion
Growth Factor The major factor that is expected to fuel the market growth includes various application types of PCBs, which are increasing in the consumer electronics and telecom sectors.
Opportunity The growing adoption of cloud computing and IoT devices is another major factor that is expected to boost market growth.
Key Trends The In-Circuit test market is expected to fuel, owing to the surging adoption of advanced electronics in sectors such as automotive, aerospace, and consumer electronics th

Electronic Test Equipment Market:

Attributes Electronic Test Equipment Market
CAGR (2022 to 2032) 8.3%
Market Value (2032) US$ 16.4 Billion
Growth Factor The major factor that is expected to augment the growth of the Communication Test and Measurement Market includes the increase in demand for wireless communication.
Opportunity The deployment of LTE and LTE-advanced (4G) networks extends profitable opportunities to the communications test and measurement market players during the forecast period.
Key Trends Key factors such as the emergence of 5G technology and an increase in demand for bandwidth and traffic inspection are expected to fuel the market growth.

How is the Automation Testing Market Segmented?

The Automation Testing Market can be segmented on the basis of Component, Endpoint Interface, Organization Size, Vertical, and region. On the basis of the Component, the market can be segmented into the following: Testing Type, and Services.

By Component, the Testing Type is further sub-segmented into the following: Static Testing, and Dynamic Testing. The Testing Type of the Automation Testing Market is expected to grow at the highest CAGR of 13.9% during the forecast period.

On the other hand, the Services Type is further sub-segmented into the following: Advisory and Consulting, Planning and Development, Support and Maintenance, Documentation and Training, Implementation, Managed Services, and Others. By Service, the Implementation services segment to dominate the market during the forecast period, owing to its capability of facilitating the integration of automation into the existing software testing infrastructure.

According to FMI, on the basis of Endpoint Interface, the market can be segmented into the following: Mobile, Web, Desktop, and Embedded Software. By Organization Size, the market is segmented into the following: Small and Medium-Sized Enterprises, and Large Enterprises.

By Organization Size, the Large Enterprises segment is to have a higher growth during the forecast period, as Automation testing services are required for enterprises to establish the smooth functioning of their business operations. These automation services are also useful to reduce operational costs and enhance customer satisfaction.

On the basis of Vertical, the market can be segmented into the following: Banking, Financial Services, and Insurance, Automotive, Defense and Aerospace, Healthcare and Lifesciences, Retail, Telecom and IT, Manufacturing, Logistics and Transportation, Energy and Utilities, Media and Entertainment, and Other Verticals.

Based on Vertical, the Banking, Financial Services, and Insurance (BFSI) sector holds a significant share and is expected to reach a CAGR of 14.2%. The adoption of digitalization in the BFSI sector is creating an important demand for automation testing of application software. However, the retail sector is set to witness the highest growth rate owing to the growing penetration of e-commerce.

Which Region is Performing Better in the Automation Testing Market?

The global automation testing market is divided into North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa based on geography. The Asia Pacific is the most promising region as it has major economies, such as Australia, Japan, Singapore, China, New Zealand, and Hong Kong, which offer significant growth opportunities for automation testing vendors.

The region is expected to grow at the highest rate during the forecast period. This region comprises major economies like India, and China which have a very large customer base. Further, governments are taking initiatives for the rapid adoption of new technologies like AI and ML, automation, IoT, mobile and web-based applications, cloud-based services, and other technologies.

Sales of automation testing equipment in the USA are projected to reach a valuation of US$ 32.5 Billion by 2032, expanding at a CAGR of 14.2%. China is expected to reach a market size of US$ 5.4 Billion in 2032, representing a CAGR of 14.0%, over the forecast period. Japan and the UK are expected to reach the same market size of US$ 4.7 Billion and US$ 4.6 Billion in 2032, representing growth forecasts of 13.4% and 13.8% respectively, throughout the forecast period. South Korea, on the other hand, is expected to reach a market size of US$ 3.4 Billion in 2032, representing a CAGR of 13.1% during the forecast period.

Who are the Key Competitors in the Automation Testing Market?

IBM Corporation, Micro Focus International plc., Capgemini SE, Tricentis USA Corp, SmartBear Software Inc., Parasoft Corporation, Cigniti Technologies Limited, Keysight Technologies Inc., Invensis Technologies Pvt Ltd., Sauce Labs Inc., among others are the top companies in the global automation testing market.

With a sizable automation testing market share, these main firms are concentrating on growing their consumer base in new countries. These businesses are making use of strategic collaboration initiatives to grow their market share and profits.

Mid-size and smaller businesses, on the other hand, are expanding their market presence by gaining new contracts and entering new markets, thanks to technical developments and product innovations.

Recent Developments

  • In July 2021, Sauce Labs acquired Backtrace, which is well known for offering error monitoring solutions.
  • In May 2021, SmartBear started a strategic partnership with QBS Software. The main aim of this partnership is to increase the efficient delivery of enterprise software solutions to more than 240,000 organizations throughout the EMEA region
  • In March 2021, Tricentis acquired Neotys, which is a performance testing company. This NeoLoad will be added to the Tricentis portfolio, giving customers an enterprise-grade performance testing solution.
  • In October 2021, Tricentis launched Tricentis Tosca, powered by Vision AI, an advanced AI-based test design and automation technology that allows organizations to address the needs of the increasing popularity of cloud-native and enterprise application platforms.

By Key Players

  • IBM Corporation
  • Micro Focus International plc.
  • Capgemini SE
  • Tricentis USA Corp
  • SmartBear Software Inc.
  • Parasoft Corporation
  • Cigniti Technologies Limited
  • Keysight Technologies Inc
  • Invensis Technologies Pvt Ltd
  • Sauce Labs Inc.

Key Segments Covered in the Automation Testing Industry Report

Automation Testing by Component:

  • Automation Testing Type
    • Static Automation Testing
    • Dynamic Automation Testing
  • Automation Testing Services
    • Automation Advisory and Consulting Services
    • Automation Planning and Development
    • Automation Support and Maintenance
    • Automation Documentation and Training
    • Automation Implementation
    • Managed Automation Services
    • Other Automation Services

Automation Testing by Endpoint Interface:

  • Mobile Automation Testing
  • Web Automation Testing
  • Desktop Automation Testing
  • Embedded Software Automation Testing

Automation Testing by Organization Size:

  • Automation Testing for Small and Medium-Sized Enterprises
  • Automation Testing for Large Enterprises

Automation Testing by Vertical:

  • Automation Testing for Banking, Financial Services, and Insurance
  • Automation Testing for Automotive
  • Automation Testing for Defense and Aerospace
  • Automation Testing for Healthcare and Lifesciences
  • Automation Testing for Retail
  • Automation Testing for Telecom and IT
  • Automation Testing for Manufacturing
  • Automation Testing for Logistics and Transportation
  • Automation Testing for Energy and Utilities
  • Automation Testing for Media and Entertainment
  • Automation Testing for Other Verticals

Automation Testing by Region:

  • North America Automation Testing Market
  • Latin America Automation Testing Market
  • Europe Automation Testing Market
  • Asia Pacific Automation Testing Market
  • Middle East and Africa Automation Testing Market

Frequently Asked Questions

What was the market value for automation testing in 2021?

As of 2021, the market for Automation Testing was valued at US$ 20.7 Billion, as per FMI

At what value will the automation testing market close in 2022?

By 2022 end, the automation testing will likely close at a value of US$ 24.7 Billion

What was the last 6 years value CAGR for automation testing?

From 2015 to 2021, automation testing demand expanded at a CAGR of 23.8%

What is the projected forecast CAGR for the automation testing industry from 2022 to 2032?

From 2022 to 2032, Automation Testing sales are expected to flourish at a CAGR of 14.3%

According to FMI, what is the anticipated market value for automation testing in 2032?

By 2032, the market value of automation testing is expected to reach US$ 93.6 Billion.

At what percentage will automation testing demand accelerate across the USA?

From 2022 to 2032, automation testing demand in the US is expected to surge at a CAGR of 14.3%

By component, which category ranks first with regard to automation testing?

By component, the Testing Type constitutes the bulk of market share with a CAGR of 13.9%.

By vertical, which category ranks first with regard to automation testing?

By vertical, the Banking, Finance, Services and Insurance (BFSI) category is expected to dominate the market with a CAGR of 14.2%.

Table of Content

1. Executive Summary | Automation Testing Market

    1.1. Global Market Outlook

    1.2. Summary of Statistics

    1.3. Key Market Characteristics & Attributes

    1.4. FMI Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage

    2.2. Market Definition

3. Market Risks and Trends Assessment

    3.1. Risk Assessment

        3.1.1. COVID-19 Crisis and Impact on Demand

        3.1.2. COVID-19 Impact Benchmark with Previous Crisis

        3.1.3. Impact on Market Value (US$ Million)

        3.1.4. Assessment by Key Countries

        3.1.5. Assessment by Key Market Segments

        3.1.6. Action Points and Recommendation for Suppliers

    3.2. Key Trends Impacting the Market

    3.3. Formulation and Product Development Trends

4. Market Background

    4.1. Market, by Key Countries

    4.2. Market Opportunity Assessment (US$ Million)

        4.2.1. Total Available Market

        4.2.2. Serviceable Addressable Market

        4.2.3. Serviceable Obtainable Market

    4.3. Market Scenario Forecast

        4.3.1. Demand in optimistic Scenario

        4.3.2. Demand in Likely Scenario

        4.3.3. Demand in Conservative Scenario

    4.4. Investment Feasibility Analysis

        4.4.1. Investment in Established Markets

            4.4.1.1. In Short Term

            4.4.1.2. In Long Term

        4.4.2. Investment in Emerging Markets

            4.4.2.1. In Short Term

            4.4.2.2. In Long Term

    4.5. Forecast Factors - Relevance & Impact

        4.5.1. Top Companies Historical Growth

        4.5.2. Growth in Automation, By Country

        4.5.3. Adoption Rate, By Country

    4.6. Market Dynamics

        4.6.1. Market Driving Factors and Impact Assessment

        4.6.2. Prominent Market Challenges and Impact Assessment

        4.6.3. Market Opportunities

        4.6.4. Prominent Trends in the Global Market & Their Impact Assessment

5. Key Success Factors

    5.1. Manufacturers’ Focus on Low Penetration High Growth Markets

    5.2. Banking on with Segments High Incremental Opportunity

    5.3. Peer Benchmarking

6. Global Market Demand Analysis 2015 to 2021 and Forecast, 2022 to 2032

    6.1. Historical Market Analysis, 2015 to 2021

    6.2. Current and Future Market Projections, 2022 to 2032

    6.3. Y-o-Y Growth Trend Analysis

7. Global Market Value Analysis 2015 to 2021 and Forecast, 2022 to 2032

    7.1. Historical Market Value (US$ Million) Analysis, 2015 to 2021

    7.2. Current and Future Market Value (US$ Million) Projections, 2022 to 2032

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

8. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Organization Size

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (US$ Million) Analysis By Organization Size, 2015 to 2021

    8.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Organization Size, 2022 to 2032

        8.3.1. Small and Medium-sized Enterprises

        8.3.2. Large Enterprises

    8.4. Market Attractiveness Analysis By Organization Size

9. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Vertical

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Million) Analysis By Vertical, 2015 to 2021

    9.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Vertical, 2022 to 2032

        9.3.1. Banking, Financial Services, and Insurance

        9.3.2. Automotive

        9.3.3. Defense and Aerospace

        9.3.4. Healthcare and Lifesciences

        9.3.5. Retail

        9.3.6. Telecom and IT

        9.3.7. Manufacturing

        9.3.8. Logistics and Transportation

        9.3.9. Energy and Utilities

        9.3.10. Media and Entertainment

        9.3.11. Other Verticals

    9.4. Market Attractiveness Analysis By Vertical

10. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Endpoint Interface

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ Million) Analysis By Endpoint Interface, 2015 to 2021

    10.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Endpoint Interface, 2022 to 2032

        10.3.1. Mobile

        10.3.2. Web

        10.3.3. Desktop

        10.3.4. Embedded Software

    10.4. Market Attractiveness Analysis By Endpoint Interface

11. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Component

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ Million) Analysis By Component, 2015 to 2021

    11.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Component, 2022 to 2032

        11.3.1. Testing Type

            11.3.1.1. Static Testing

            11.3.1.2. Dynamic Testing

                11.3.1.2.1. Functional Testing

                11.3.1.2.2. Non-Functional Testing

                    11.3.1.2.2.1. API Testing

                    11.3.1.2.2.2. Security Testing

                    11.3.1.2.2.3. Performance Testing

                    11.3.1.2.2.4. Compatibility Testing

                    11.3.1.2.2.5. Compliance Testing

                    11.3.1.2.2.6. Usability Testing

        11.3.2. Services

            11.3.2.1. Advisory and Consulting

            11.3.2.2. Planning and Development

            11.3.2.3. Support and Maintenance

            11.3.2.4. Documentation and Training

            11.3.2.5. Implementation

            11.3.2.6. Managed Services

            11.3.2.7. Others

    11.4. Market Attractiveness Analysis By Component

12. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Region

    12.1. Introduction

    12.2. Historical Market Size (US$ Million) Analysis By Region, 2015 to 2021

    12.3. Current Market Size (US$ Million) & Analysis and Forecast By Region, 2022 to 2032

        12.3.1. North America

        12.3.2. Latin America

        12.3.3. Europe

        12.3.4. Asia Pacific

        12.3.5. Middle East and Africa (MEA)

    12.4. Market Attractiveness Analysis By Region

13. North America Market Analysis 2015 to 2021 and Forecast 2022 to 2032

    13.1. Introduction

    13.2. Pricing Analysis

    13.3. Historical Market Value (US$ Million) Trend Analysis By Market Taxonomy, 2015 to 2021

    13.4. Market Value (US$ Million) & Forecast By Market Taxonomy, 2022 to 2032

        13.4.1. By Country

            13.4.1.1. United States of America

            13.4.1.2. Canada

            13.4.1.3. Rest of North America

        13.4.2. By Organization Size

        13.4.3. By Vertical

        13.4.4. By Component

        13.4.5. By Endpoint Interface

    13.5. Market Attractiveness Analysis

        13.5.1. By Country

        13.5.2. By Organization Size

        13.5.3. By Vertical

        13.5.4. By Component

        13.5.5. By Endpoint Interface

14. Latin America Market Analysis 2015 to 2021 and Forecast 2022 to 2032

    14.1. Introduction

    14.2. Pricing Analysis

    14.3. Historical Market Value (US$ Million) Trend Analysis By Market Taxonomy, 2015 to 2021

    14.4. Market Value (US$ Million) & Forecast By Market Taxonomy, 2022 to 2032

        14.4.1. By Country

            14.4.1.1. Brazil

            14.4.1.2. Mexico

            14.4.1.3. Rest of Latin America

        14.4.2. By Organization Size

        14.4.3. By Vertical

        14.4.4. By Component

        14.4.5. By Endpoint Interface

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Organization Size

        14.5.3. By Vertical

        14.5.4. By Component

        14.5.5. By Endpoint Interface

15. Europe Market Analysis 2015 to 2021 and Forecast 2022 to 2032

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Value (US$ Million) Trend Analysis By Market Taxonomy, 2015 to 2021

    15.4. Market Value (US$ Million) & Forecast By Market Taxonomy, 2022 to 2032

        15.4.1. By Country

            15.4.1.1. Germany

            15.4.1.2. France

            15.4.1.3. United Kingdom

            15.4.1.4. Italy

            15.4.1.5. Benelux

            15.4.1.6. Nordic Countries

            15.4.1.7. Rest of Europe

        15.4.2. By Organization Size

        15.4.3. By Vertical

        15.4.4. By Component

        15.4.5. By Endpoint Interface

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Organization Size

        15.5.3. By Vertical

        15.5.4. By Component

        15.5.5. By Endpoint Interface

16. Asia Pacific Market Analysis 2015 to 2021 and Forecast 2022 to 2032

    16.1. Introduction

    16.2. Pricing Analysis

    16.3. Historical Market Value (US$ Million) Trend Analysis By Market Taxonomy, 2015 to 2021

    16.4. Market Value (US$ Million) & Forecast By Market Taxonomy, 2022 to 2032

        16.4.1. By Country

            16.4.1.1. China

            16.4.1.2. Japan

            16.4.1.3. South Korea

            16.4.1.4. Rest of Asia Pacific

        16.4.2. By Organization Size

        16.4.3. By Vertical

        16.4.4. By Component

        16.4.5. By Endpoint Interface

    16.5. Market Attractiveness Analysis

        16.5.1. By Country

        16.5.2. By Organization Size

        16.5.3. By Vertical

        16.5.4. By Component

        16.5.5. By Endpoint Interface

17. Middle East and Africa Market Analysis 2015 to 2021 and Forecast 2022 to 2032

    17.1. Introduction

    17.2. Pricing Analysis

    17.3. Historical Market Value (US$ Million) Trend Analysis By Market Taxonomy, 2015 to 2021

    17.4. Market Value (US$ Million) & Forecast By Market Taxonomy, 2022 to 2032

        17.4.1. By Country

            17.4.1.1. GCC Countries

            17.4.1.2. South Africa

            17.4.1.3. Turkey

            17.4.1.4. Rest of Middle East and Africa

        17.4.2. By Organization Size

        17.4.3. By Vertical

        17.4.4. By Component

        17.4.5. By Endpoint Interface

    17.5. Market Attractiveness Analysis

        17.5.1. By Country

        17.5.2. By Organization Size

        17.5.3. By Vertical

        17.5.4. By Component

        17.5.5. By Endpoint Interface

18. Key Countries Market Analysis 2015 to 2021 and Forecast 2022 to 2032

    18.1. Introduction

        18.1.1. Market Value Proportion Analysis, By Key Countries

        18.1.2. Global Vs. Country Growth Comparison

    18.2. US Market Analysis

        18.2.1. Value Proportion Analysis by Market Taxonomy

        18.2.2. Value Analysis and Forecast by Market Taxonomy, 2015 to 2032

            18.2.2.1. By Organization Size

            18.2.2.2. By Vertical

            18.2.2.3. By Component

            18.2.2.4. By Endpoint Interface

    18.3. Canada Market Analysis

        18.3.1. Value Proportion Analysis by Market Taxonomy

        18.3.2. Value Analysis and Forecast by Market Taxonomy, 2015 to 2032

            18.3.2.1. By Organization Size

            18.3.2.2. By Vertical

            18.3.2.3. By Component

            18.3.2.4. By Endpoint Interface

    18.4. Mexico Market Analysis

        18.4.1. Value Proportion Analysis by Market Taxonomy

        18.4.2. Value Analysis and Forecast by Market Taxonomy, 2015 to 2032

            18.4.2.1. By Organization Size

            18.4.2.2. By Vertical

            18.4.2.3. By Component

            18.4.2.4. By Endpoint Interface

    18.5. Brazil Market Analysis

        18.5.1. Value Proportion Analysis by Market Taxonomy

        18.5.2. Value Analysis and Forecast by Market Taxonomy, 2015 to 2032

            18.5.2.1. By Organization Size

            18.5.2.2. By Vertical

            18.5.2.3. By Component

            18.5.2.4. By Endpoint Interface

    18.6. Germany Market Analysis

        18.6.1. Value Proportion Analysis by Market Taxonomy

        18.6.2. Value Analysis and Forecast by Market Taxonomy, 2015 to 2032

            18.6.2.1. By Organization Size

            18.6.2.2. By Vertical

            18.6.2.3. By Component

            18.6.2.4. By Endpoint Interface

    18.7. France Market Analysis

        18.7.1. Value Proportion Analysis by Market Taxonomy

        18.7.2. Value Analysis and Forecast by Market Taxonomy, 2015 to 2032

            18.7.2.1. By Organization Size

            18.7.2.2. By Vertical

            18.7.2.3. By Component

            18.7.2.4. By Endpoint Interface

    18.8. Italy Market Analysis

        18.8.1. Value Proportion Analysis by Market Taxonomy

        18.8.2. Value Analysis and Forecast by Market Taxonomy, 2015 to 2032

            18.8.2.1. By Organization Size

            18.8.2.2. By Vertical

            18.8.2.3. By Component

            18.8.2.4. By Endpoint Interface

    18.9. BENELUX Market Analysis

        18.9.1. Value Proportion Analysis by Market Taxonomy

        18.9.2. Value Analysis and Forecast by Market Taxonomy, 2015 to 2032

            18.9.2.1. By Organization Size

            18.9.2.2. By Vertical

            18.9.2.3. By Component

            18.9.2.4. By Endpoint Interface

    18.10. UK Market Analysis

        18.10.1. Value Proportion Analysis by Market Taxonomy

        18.10.2. Value Analysis and Forecast by Market Taxonomy, 2015 to 2032

            18.10.2.1. By Organization Size

            18.10.2.2. By Vertical

            18.10.2.3. By Component

            18.10.2.4. By Endpoint Interface

    18.11. Nordic Countries Market Analysis

        18.11.1. Value Proportion Analysis by Market Taxonomy

        18.11.2. Value Analysis and Forecast by Market Taxonomy, 2015 to 2032

            18.11.2.1. By Organization Size

            18.11.2.2. By Vertical

            18.11.2.3. By Component

            18.11.2.4. By Endpoint Interface

    18.12. China Market Analysis

        18.12.1. Value Proportion Analysis by Market Taxonomy

        18.12.2. Value Analysis and Forecast by Market Taxonomy, 2015 to 2032

            18.12.2.1. By Organization Size

            18.12.2.2. By Vertical

            18.12.2.3. By Component

            18.12.2.4. By Endpoint Interface

    18.13. Japan Market Analysis

        18.13.1. Value Proportion Analysis by Market Taxonomy

        18.13.2. Value Analysis and Forecast by Market Taxonomy, 2015 to 2032

            18.13.2.1. By Organization Size

            18.13.2.2. By Vertical

            18.13.2.3. By Component

            18.13.2.4. By Endpoint Interface

    18.14. South Korea Market Analysis

        18.14.1. Value Proportion Analysis by Market Taxonomy

        18.14.2. Value Analysis and Forecast by Market Taxonomy, 2015 to 2032

            18.14.2.1. By Organization Size

            18.14.2.2. By Vertical

            18.14.2.3. By Component

            18.14.2.4. By Endpoint Interface

    18.15. GCC Countries Market Analysis

        18.15.1. Value Proportion Analysis by Market Taxonomy

        18.15.2. Value Analysis and Forecast by Market Taxonomy, 2015 to 2032

            18.15.2.1. By Organization Size

            18.15.2.2. By Vertical

            18.15.2.3. By Component

            18.15.2.4. By Endpoint Interface

    18.16. South Africa Market Analysis

        18.16.1. Value Proportion Analysis by Market Taxonomy

        18.16.2. Value Analysis and Forecast by Market Taxonomy, 2015 to 2032

            18.16.2.1. By Organization Size

            18.16.2.2. By Vertical

            18.16.2.3. By Component

            18.16.2.4. By Endpoint Interface

    18.17. Turkey Market Analysis

        18.17.1. Value Proportion Analysis by Market Taxonomy

        18.17.2. Value Analysis and Forecast by Market Taxonomy, 2015 to 2032

            18.17.2.1. By Organization Size

            18.17.2.2. By Vertical

            18.17.2.3. By Component

            18.17.2.4. By Endpoint Interface

        18.17.3. Competition Landscape and Player Concentration in the Country

19. Market Structure Analysis

    19.1. Market Analysis by Tier of Companies

    19.2. Market Concentration

    19.3. Market Share Analysis of Top Players

    19.4. Market Presence Analysis

        19.4.1. By Regional footprint of Players

        19.4.2. Product footprint by Players

20. Competition Analysis

    20.1. Competition Dashboard

    20.2. Competition Benchmarking

    20.3. Competition Deep Dive

        20.3.1. IBM

            20.3.1.1. Overview

            20.3.1.2. Product Portfolio

            20.3.1.3. Sales Footprint

            20.3.1.4. Strategy Overview

        20.3.2. Accenture

        20.3.3. Micro Focus

        20.3.4. Capgemini

        20.3.5. Microsoft

        20.3.6. Broadcom

        20.3.7. Tricentis

        20.3.8. Smartbear

        20.3.9. Parasoft

        20.3.10. Cigniti Technologies

21. Assumptions and Acronyms Used

22. Research Methodology

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List of Tables

Table 1: Global Market Value (US$ Million), By Organization Size, 2015 to 2021

Table 2: Global Market Value (US$ Million), By Organization Size, 2022 to 2032

Table 3: Global Market Value (US$ Million), By Vertical, 2015 to 2021

Table 4: Global Market Value (US$ Million), By Vertical, 2022 to 2032

Table 5: Global Market Value (US$ Million), By Endpoint Interface, 2015 to 2021

Table 6: Global Market Value (US$ Million), By Endpoint Interface, 2022 to 2032

Table 7: Global Market Value (US$ Million), By Component, 2015 to 2021

Table 8: Global Market Value (US$ Million), By Component, 2022 to 2032

Table 9: Global Market, By Region, 2015 to 2021

Table 10: Global Market, By Region, 2022 to 2032

Table 11: North America Market Value (US$ Million), By Organization Size, 2015 to 2021

Table 12: North America Market Value (US$ Million), By Organization Size, 2022 to 2032

Table 13: North America Market Value (US$ Million), By Vertical, 2015 to 2021

Table 14: North America Market Value (US$ Million), By Vertical, 2022 to 2032

Table 15: North America Market Value (US$ Million), By Endpoint Interface, 2015 to 2021

Table 16: North America Market Value (US$ Million), By Endpoint Interface, 2022 to 2032

Table 17: North America Market Value (US$ Million), By Component, 2015 to 2021

Table 18: North America Market Value (US$ Million), By Component, 2022 to 2032

Table 19: North America Market, By Country, 2015 to 2021

Table 20: North America Market, By Country, 2022 to 2032

Table 21: Latin America Market Value (US$ Million), By Organization Size, 2015 to 2021

Table 22: Latin America Market Value (US$ Million), By Organization Size, 2022 to 2032

Table 23: Latin America Market Value (US$ Million), By Vertical, 2015 to 2021

Table 24: Latin America Market Value (US$ Million), By Vertical, 2022 to 2032

Table 25: Latin America Market Value (US$ Million), By Endpoint Interface, 2015 to 2021

Table 26: Latin America Market Value (US$ Million), By Endpoint Interface, 2022 to 2032

Table 27: Latin America Market Value (US$ Million), By Component, 2015 to 2021

Table 28: Latin America Market Value (US$ Million), By Component, 2022 to 2032

Table 29: Latin America Market, By Country, 2015 to 2021

Table 30: Latin America Market, By Country, 2022 to 2032

Table 31: Europe Market Value (US$ Million), By Organization Size, 2015 to 2021

Table 32: Europe Market Value (US$ Million), By Organization Size, 2022 to 2032

Table 33: Europe Market Value (US$ Million), By Vertical, 2015 to 2021

Table 34: Europe Market Value (US$ Million), By Vertical, 2022 to 2032

Table 35: Europe Market Value (US$ Million), By Endpoint Interface, 2015 to 2021

Table 36: Europe Market Value (US$ Million), By Endpoint Interface, 2022 to 2032

Table 37: Europe Market Value (US$ Million), By Component, 2015 to 2021

Table 38: Europe Market Value (US$ Million), By Component, 2022 to 2032

Table 39: Europe Market, By Country, 2015 to 2021

Table 40: Europe Market, By Country, 2022 to 2032

Table 41: Asia Pacific Market Value (US$ Million), By Organization Size, 2015 to 2021

Table 42: Asia Pacific Market Value (US$ Million), By Organization Size, 2022 to 2032

Table 43: Asia Pacific Market Value (US$ Million), By Vertical, 2015 to 2021

Table 44: Asia Pacific Market Value (US$ Million), By Vertical, 2022 to 2032

Table 45: Asia Pacific Market Value (US$ Million), By Endpoint Interface, 2015 to 2021

Table 46: Asia Pacific Market Value (US$ Million), By Endpoint Interface, 2022 to 2032

Table 47: Asia Pacific Market Value (US$ Million), By Component, 2015 to 2021

Table 48: Asia Pacific Market Value (US$ Million), By Component, 2022 to 2032

Table 49: Asia Pacific Market, By Country, 2015 to 2021

Table 50: Asia Pacific Market, By Country, 2022 to 2032

Table 51: MEA Market Value (US$ Million), By Organization Size, 2015 to 2021

Table 52: MEA Market Value (US$ Million), By Organization Size, 2022 to 2032

Table 53: MEA Market Value (US$ Million), By Vertical, 2015 to 2021

Table 54: MEA Market Value (US$ Million), By Vertical, 2022 to 2032

Table 55: MEA Market Value (US$ Million), By Endpoint Interface, 2015 to 2021

Table 56: MEA Market Value (US$ Million), By Endpoint Interface, 2022 to 2032

Table 57: MEA Market Value (US$ Million), By Component, 2015 to 2021

Table 58: MEA Market Value (US$ Million), By Component, 2022 to 2032

Table 59: MEA Market, By Country, 2015 to 2021

Table 60: MEA Market, By Country, 2022 to 2032
Sudip Saha
Sudip Saha

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List of Charts

Figure 1: Global Market Value (US$ Million) and Year-on-Year Growth, 2015 to 2032

Figure 2: Global Market Absolute $ Historical Gain (2015 to 2021) and Opportunity (2022 to 2032), US$ Million

Figure 3: Global Market Share, By Organization Size, 2022 & 2032

Figure 4: Global Market Y-o-Y Growth Projections, By Organization Size - 2022 to 2032

Figure 5: Global Market Attractiveness Index, By Organization Size - 2022 to 2032

Figure 6: Global Market Share, By Vertical, 2022 & 2032

Figure 7: Global Market Y-o-Y Growth Projections, By Vertical - 2022 to 2032

Figure 8: Global Market Attractiveness Index, By Vertical - 2022 to 2032

Figure 9: Global Market Share, By Component, 2022 & 2032

Figure 10: Global Market Y-o-Y Growth Projections, By Component - 2022 to 2032

Figure 11: Global Market Attractiveness Index, By Component - 2022 to 2032

Figure 12: Global Market Share, By Endpoint Interface, 2022 & 2032

Figure 13: Global Market Y-o-Y Growth Projections, By Endpoint Interface - 2022 to 2032

Figure 14: Global Market Attractiveness Index, By Endpoint Interface - 2022 to 2032

Figure 15: Global Market Share, By Region, 2022 & 2032

Figure 16: Global Market Y-o-Y Growth Projections, By Region - 2022 to 2032

Figure 17: Global Market Attractiveness Index, By Region - 2022 to 2032

Figure 18: North America Market Value (US$ Million) and Year-on-Year Growth, 2015 to 2032

Figure 19: North America Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Million

Figure 20: North America Market Share, By Organization Size, 2022 & 2032

Figure 21: North America Market Y-o-Y Growth Projections, By Organization Size - 2022 to 2032

Figure 22: North America Market Attractiveness Index, By Organization Size - 2022 to 2032

Figure 23: North America Market Share, By Vertical, 2022 & 2032

Figure 24: North America Market Y-o-Y Growth Projections, By Vertical - 2022 to 2032

Figure 25: North America Market Attractiveness Index, By Vertical - 2022 to 2032

Figure 26: North America Market Share, By Component, 2022 & 2032

Figure 27: North America Market Y-o-Y Growth Projections, By Component - 2022 to 2032

Figure 28: North America Market Attractiveness Index, By Component - 2022 to 2032

Figure 29: North America Market Share, By Endpoint Interface, 2022 & 2032

Figure 30: North America Market Y-o-Y Growth Projections, By Endpoint Interface - 2022 to 2032

Figure 31: North America Market Attractiveness Index, By Endpoint Interface - 2022 to 2032

Figure 32: North America Market Share, By Country, 2022 & 2032

Figure 33: North America Market Y-o-Y Growth Projections, By Country - 2022 to 2032

Figure 34: North America Market Attractiveness Index, By Country - 2022 to 2032

Figure 35: Latin America Market Value (US$ Million) and Year-on-Year Growth, 2015 to 2032

Figure 36: Latin America Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Million

Figure 37: Latin America Market Share, By Organization Size, 2022 & 2032

Figure 38: Latin America Market Y-o-Y Growth Projections, By Organization Size - 2022 to 2032

Figure 39: Latin America Market Attractiveness Index, By Organization Size - 2022 to 2032

Figure 40: Latin America Market Share, By Vertical, 2022 & 2032

Figure 41: Latin America Market Y-o-Y Growth Projections, By Vertical - 2022 to 2032

Figure 42: Latin America Market Attractiveness Index, By Vertical - 2022 to 2032

Figure 43: Latin America Market Share, By Component, 2022 & 2032

Figure 44: Latin America Market Y-o-Y Growth Projections, By Component - 2022 to 2032

Figure 45: Latin America Market Attractiveness Index, By Component - 2022 to 2032

Figure 46: Latin America Market Share, By Endpoint Interface, 2022 & 2032

Figure 47: Latin America Market Y-o-Y Growth Projections, By Endpoint Interface - 2022 to 2032

Figure 48: Latin America Market Attractiveness Index, By Endpoint Interface - 2022 to 2032

Figure 49: Latin America Market Share, By Country, 2022 & 2032

Figure 50: Latin America Market Y-o-Y Growth Projections, By Country - 2022 to 2032

Figure 51: Latin America Market Attractiveness Index, By Country - 2022 to 2032

Figure 52: Europe Market Value (US$ Million) and Year-on-Year Growth, 2015 to 2032

Figure 53: Europe Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Million

Figure 54: Europe Market Share, By Organization Size, 2022 & 2032

Figure 55: Europe Market Y-o-Y Growth Projections, By Organization Size - 2022 to 2032

Figure 56: Europe Market Attractiveness Index, By Organization Size - 2022 to 2032

Figure 57: Europe Market Share, By Vertical, 2022 & 2032

Figure 58: Europe Market Y-o-Y Growth Projections, By Vertical - 2022 to 2032

Figure 59: Europe Market Attractiveness Index, By Vertical - 2022 to 2032

Figure 60: Europe Market Share, By Component, 2022 & 2032

Figure 61: Europe Market Y-o-Y Growth Projections, By Component - 2022 to 2032

Figure 62: Europe Market Attractiveness Index, By Component - 2022 to 2032

Figure 63: Europe Market Share, By Endpoint Interface, 2022 & 2032

Figure 64: Europe Market Y-o-Y Growth Projections, By Endpoint Interface - 2022 to 2032

Figure 65: Europe Market Attractiveness Index, By Endpoint Interface - 2022 to 2032

Figure 66: Europe Market Share, By Country, 2022 & 2032

Figure 67: Europe Market Y-o-Y Growth Projections, By Country - 2022 to 2032

Figure 68: Europe Market Attractiveness Index, By Country - 2022 to 2032

Figure 69: MEA Market Value (US$ Million) and Year-on-Year Growth, 2015 to 2032

Figure 70: MEA Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Million

Figure 71: MEA Market Share, By Organization Size, 2022 & 2032

Figure 72: MEA Market Y-o-Y Growth Projections, By Organization Size - 2022 to 2032

Figure 73: MEA Market Attractiveness Index, By Organization Size - 2022 to 2032

Figure 74: MEA Market Share, By Vertical, 2022 & 2032

Figure 75: MEA Market Y-o-Y Growth Projections, By Vertical - 2022 to 2032

Figure 76: MEA Market Attractiveness Index, By Vertical - 2022 to 2032

Figure 77: MEA Market Share, By Component, 2022 & 2032

Figure 78: MEA Market Y-o-Y Growth Projections, By Component - 2022 to 2032

Figure 79: MEA Market Attractiveness Index, By Component - 2022 to 2032

Figure 80: MEA Market Share, By Endpoint Interface, 2022 & 2032

Figure 81: MEA Market Y-o-Y Growth Projections, By Endpoint Interface - 2022 to 2032

Figure 82: MEA Market Attractiveness Index, By Endpoint Interface - 2022 to 2032

Figure 83: MEA Market Share, By Country, 2022 & 2032

Figure 84: MEA Market Y-o-Y Growth Projections, By Country - 2022 to 2032

Figure 85: MEA Market Attractiveness Index, By Country - 2022 to 2032

Figure 86: Asia Market Value (US$ Million) and Year-on-Year Growth, 2015 to 2032

Figure 87: Asia Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Million

Figure 88: Asia Market Share, By Organization Size, 2022 & 2032

Figure 89: Asia Market Y-o-Y Growth Projections, By Organization Size - 2022 to 2032

Figure 90: Asia Market Attractiveness Index, By Organization Size - 2022 to 2032

Figure 91: Asia Market Share, By Vertical, 2022 & 2032

Figure 92: Asia Market Y-o-Y Growth Projections, By Vertical - 2022 to 2032

Figure 93: Asia Market Attractiveness Index, By Vertical - 2022 to 2032

Figure 94: Asia Market Share, By Component, 2022 & 2032

Figure 95: Asia Market Y-o-Y Growth Projections, By Component - 2022 to 2032

Figure 96: Asia Market Attractiveness Index, By Component - 2022 to 2032

Figure 97: Asia Market Share, By Endpoint Interface, 2022 & 2032

Figure 98: Asia Market Y-o-Y Growth Projections, By Endpoint Interface - 2022 to 2032

Figure 99: Asia Market Attractiveness Index, By Endpoint Interface - 2022 to 2032

Figure 100: Asia Market Share, By Country, 2022 & 2032

Figure 101: Asia Market Y-o-Y Growth Projections, By Country - 2022 to 2032

Figure 102: Asia Market Attractiveness Index, By Country - 2022 to 2032

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