Test Automation Market Set Developing Speedily To Reach Around USD 54.98 Billion by 2022 – ZMR Blog
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Test Automation Market Set Developing Speedily To Reach Around USD 54.98 Billion by 2022

Major industry players in test automation market include Wipro Ltd., IBM Corporation, Cognizant Technology, Capgemini S.A., Hewlett-Packard, Infosys Ltd., and TCS Ltd. among others. These players are set to take the test automation market to new heights in the years to come.

According to analysts at Zion Market Research, the global test automation market was capitalized at almost USD 15.87 Billion in 2016 and is likely to cross almost USD 54.98 Billion by end of 2022, developing at a CAGR of 23.01% from 2017 to 2022.

Rising Trend Of Digital Transformation All Over The World Expected To Power The Development Of Test Automation Market

The test automation market is likely to witness noteworthy development owing to the rising trend of digital transformation all over the world, as per analysts at Zion Market Research. Rising investment in IT sector elevates the growth of test automation market. The major towering factor for test automation market is the advantages provided by these tools such as easy to test for multi lingual websites, cost & time saving, enhancing the test execution speed, and no need of human intervention, which elevates the development of test automation market . Moreover, test automation enhances the development procedure of a software item that elevates the acceptance of testing tool in IT sector and power the development of test automation market. Acceptance of cloud platform solutions from firms is expects to unlock new growth opportunists for test automation market in the near future. In addition, various mergers and acquisitions by market players are also set to bolster the test automation market. For example, in March 2017, Amplicon was hired by Virginia Panel Corporation as its partner for the United Kingdom. This joint venture will offer both the firms with new business avenues and additionally assist in intensifying the test automation market.

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Rapidly Developing It Sector In Emerging Nations Likely To Boost The Asia Pacific Test Automation Market

North America is likely to stay the leader for test automation market in the near future. It recorded USD 6.80 Billion in 2016 in terms of income and is likely to cross at USD 20.42 Billion in 2022 for the test automation market. The quick deployment of SaaS (Software as a Service) and mobile applications on cloud is one of the major factors for the development of North America test automation market. Rapidly developing IT sector in emerging nations of China, Japan, and India is likely to boost the Asia Pacific test automation market.

Based on test types, global test automation market is segmented into configuration testing, functional testing, acceptance testing, web services testing, integration testing, compatibility testing, security testing, load testing, migration testing, mobile testing, usability testing, platform testing, QA process design, and network testing.

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About Us: Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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